Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

VGI Partners Global Investments

CHIA:VG1
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VG1
CHIA
A$859M
Market Cap
  1. Home
  2. AU
  3. Diversified Financials
Company description

VGI Partners Global Investments Limited provides investors with the opportunity to access the investment strategy of VGI Partners. The last earnings update was 67 days ago. More info.


Add to Portfolio Compare Print
VG1 Share Price and Events
7 Day Returns
-4.4%
CHIA:VG1
5.5%
AU Capital Markets
5%
AU Market
1 Year Returns
-11.9%
CHIA:VG1
-25.2%
AU Capital Markets
-19.2%
AU Market
VG1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
VGI Partners Global Investments (VG1) -4.4% -0.9% -3.6% -11.9% - -
AU Capital Markets 5.5% -26.5% -30.2% -25.2% 9.4% 22.6%
AU Market 5% -20.3% -25.8% -19.2% -16.8% -17.5%
1 Year Return vs Industry and Market
  • VG1 outperformed the Capital Markets industry which returned -25.2% over the past year.
  • VG1 outperformed the Market in Australia which returned -19.2% over the past year.
Price Volatility
VG1
Industry
5yr Volatility vs Market

VG1 Value

 Is VGI Partners Global Investments undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of VGI Partners Global Investments to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for VGI Partners Global Investments.

CHIA:VG1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= A$2.31 * 4.3%
A$0.10
Book Value of Equity per Share Median Book Value from the past 5 years. A$2.31
Discount Rate (Cost of Equity) See below 7.2%
Perpetual Growth Rate 10-Year AU Government Bond Rate 1.1%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for CHIA:VG1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 1.1%
Equity Risk Premium S&P Global 5.4%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.745 (1 + (1- 30%) (0%))
1.127
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.08% + (1.127 * 5.44%)
7.21%

Discounted Cash Flow Calculation for CHIA:VG1 using Excess Returns Model Model

The calculations below outline how an intrinsic value for VGI Partners Global Investments is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

CHIA:VG1 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (4.3% – 7.21%) * A$2.31)
A$-0.07
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= A$-0.07 / (7.21% - 1.08%)
A$-1.11
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= A$2.31 + A$-1.11
A$1.2
CHIA:VG1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in CHIA:VG1 represents 1.01895x of ASX:VG1
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.01895x
Value per Share
(Listing Adjusted, AUD)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 1.20 x 1.01895
A$1.22
Value per share (AUD) From above. A$1.22
Current discount Discount to share price of A$2.15
= -1 x (A$2.15 - A$1.22) / A$1.22
-75.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of VGI Partners Global Investments is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for VGI Partners Global Investments's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are VGI Partners Global Investments's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CHIA:VG1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$0.11
ASX:VG1 Share Price ** ASX (2020-04-03) in AUD A$2.11
Australia Capital Markets Industry PE Ratio Median Figure of 21 Publicly-Listed Capital Markets Companies 12.47x
Australia Market PE Ratio Median Figure of 515 Publicly-Listed Companies 12.99x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of VGI Partners Global Investments.

CHIA:VG1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:VG1 Share Price ÷ EPS (both in AUD)

= 2.11 ÷ 0.11

19.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • VGI Partners Global Investments is overvalued based on earnings compared to the AU Capital Markets industry average.
  • VGI Partners Global Investments is overvalued based on earnings compared to the Australia market.
Price based on expected Growth
Does VGI Partners Global Investments's expected growth come at a high price?
Raw Data
CHIA:VG1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Capital Markets Industry PEG Ratio Median Figure of 7 Publicly-Listed Capital Markets Companies 1.4x
Australia Market PEG Ratio Median Figure of 336 Publicly-Listed Companies 1x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for VGI Partners Global Investments, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on VGI Partners Global Investments's assets?
Raw Data
CHIA:VG1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$2.32
ASX:VG1 Share Price * ASX (2020-04-03) in AUD A$2.11
Australia Capital Markets Industry PB Ratio Median Figure of 33 Publicly-Listed Capital Markets Companies 1.1x
Australia Market PB Ratio Median Figure of 1,614 Publicly-Listed Companies 1.24x
CHIA:VG1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:VG1 Share Price ÷ Book Value per Share (both in AUD)

= 2.11 ÷ 2.32

0.91x

* Primary Listing of VGI Partners Global Investments.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • VGI Partners Global Investments is good value based on assets compared to the AU Capital Markets industry average.
X
Value checks
We assess VGI Partners Global Investments's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. VGI Partners Global Investments has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

VG1 Future Performance

 How is VGI Partners Global Investments expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as VGI Partners Global Investments has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.7%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is VGI Partners Global Investments expected to grow at an attractive rate?
  • Unable to compare VGI Partners Global Investments's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare VGI Partners Global Investments's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare VGI Partners Global Investments's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CHIA:VG1 Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 6.7%
Australia Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
Australia Market Earnings Growth Rate Market Cap Weighted Average 10.2%
Australia Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CHIA:VG1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CHIA:VG1 Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 81 -249 38
2019-09-30 90 -194 44
2019-06-30 99 -140 51
2018-12-31 80 -101 40
2018-06-30 60 -202 31

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if VGI Partners Global Investments is high growth as no earnings estimate data is available.
  • Unable to determine if VGI Partners Global Investments is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CHIA:VG1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from VGI Partners Global Investments Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CHIA:VG1 Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 0.11
2019-09-30 0.14
2019-06-30 0.18
2018-12-31 0.15
2018-06-30 0.16

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if VGI Partners Global Investments will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine VGI Partners Global Investments's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. VGI Partners Global Investments's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess VGI Partners Global Investments's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
VGI Partners Global Investments has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

VG1 Past Performance

  How has VGI Partners Global Investments performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare VGI Partners Global Investments's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Unable to establish if VGI Partners Global Investments's year on year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
  • Unable to compare VGI Partners Global Investments's 1-year earnings growth to the 5-year average as it has been trading publicly for less than 3 years.
  • VGI Partners Global Investments's 1-year earnings growth is negative, it can't be compared to the AU Capital Markets industry average.
Earnings and Revenue History
VGI Partners Global Investments's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from VGI Partners Global Investments Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CHIA:VG1 Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 81.31 38.20 19.69
2019-09-30 90.18 44.41 17.40
2019-06-30 99.04 50.62 15.12
2018-12-31 80.38 40.11 10.55
2018-06-30 59.80 30.63 8.23

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • VGI Partners Global Investments has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • VGI Partners Global Investments used its assets less efficiently than the AU Capital Markets industry average last year based on Return on Assets.
  • Unable to establish if VGI Partners Global Investments improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess VGI Partners Global Investments's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
VGI Partners Global Investments has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

VG1 Health

 How is VGI Partners Global Investments's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up VGI Partners Global Investments's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • VGI Partners Global Investments is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • VGI Partners Global Investments's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of VGI Partners Global Investments's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • VGI Partners Global Investments has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from VGI Partners Global Investments Company Filings, last reported 3 months ago.

CHIA:VG1 Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 942.76 0.00 494.56
2019-09-30 942.76 0.00 494.56
2019-06-30 941.94 0.00 482.29
2018-12-31 602.10 0.00 309.06
2018-06-30 583.71 0.00 349.44
  • VGI Partners Global Investments has no debt.
  • VGI Partners Global Investments has not taken on any debt in the past 5 years.
  • VGI Partners Global Investments has no debt, it does not need to be covered by operating cash flow.
  • VGI Partners Global Investments has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess VGI Partners Global Investments's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. VGI Partners Global Investments has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

VG1 Dividends

 What is VGI Partners Global Investments's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.95%
Current annual income from VGI Partners Global Investments dividends.
If you bought A$2,000 of VGI Partners Global Investments shares you are expected to receive A$19 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • VGI Partners Global Investments's pays a lower dividend yield than the bottom 25% of dividend payers in Australia (3.17%).
  • VGI Partners Global Investments's dividend is below the markets top 25% of dividend payers in Australia (8.1%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CHIA:VG1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 5.4%
Australia Market Average Dividend Yield Market Cap Weighted Average of 367 Stocks 5.5%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.7%
Australia Bottom 25% Dividend Yield 25th Percentile 3.2%
Australia Top 25% Dividend Yield 75th Percentile 8.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

CHIA:VG1 Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2020-01-28 0.020 0.916

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • VGI Partners Global Investments is not paying a notable dividend for Australia, therefore no need to check if the payments are stable.
  • VGI Partners Global Investments is not paying a notable dividend for Australia, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of VGI Partners Global Investments's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of VGI Partners Global Investments's dividends as it is not paying a notable one for Australia.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess VGI Partners Global Investments's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can VGI Partners Global Investments afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. VGI Partners Global Investments has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

VG1 Management

 What is the CEO of VGI Partners Global Investments's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • VGI Partners Global Investments has no CEO, or we have no data on them.
Management Team

Ian Cameron

TITLE
CFO & Company Secretary

Adam Philippe

TITLE
Chief Operating Officer of VGI Partners Pty Limited

Ingrid Groer

TITLE
Investor Relations Manager
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure of the VGI Partners Global Investments board of directors in years:

2.8
Average Tenure
  • The average tenure for the VGI Partners Global Investments board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Jones

TITLE
Non-Independent Chairman
AGE
54
TENURE
2.8 yrs

Lawrence Myers

TITLE
Independent Director
COMPENSATION
A$55K
TENURE
2.8 yrs

Robert Luciano

TITLE
Non-Independent Director
TENURE
2.8 yrs

Douglas Tynan

TITLE
Non-Independent Director
TENURE
2.8 yrs

Noel J. Whittaker

TITLE
Independent Director
COMPENSATION
A$55K
TENURE
2.8 yrs

Adelaide McDonald

TITLE
Independent Director
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by VGI Partners Global Investments individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
20. Mar 20 Buy Robert Luciano Individual 19. Mar 20 19. Mar 20 23,968 A$2.09 A$50,170
20. Mar 20 Buy Douglas Tynan Individual 19. Mar 20 19. Mar 20 6,262 A$2.09 A$13,108
04. Mar 20 Buy VGI Partners Limited Company 04. Mar 20 04. Mar 20 25,000 A$2.15 A$53,750
02. Mar 20 Buy VGI Partners Limited Company 02. Mar 20 02. Mar 20 50,000 A$2.14 A$107,210
01. Mar 20 Buy VGI Partners Limited Company 28. Feb 20 28. Feb 20 100,000 A$2.16 A$216,030
26. Feb 20 Buy VGI Partners Limited Company 26. Feb 20 26. Feb 20 121,639 A$2.20 A$268,056
09. Feb 20 Buy VGI Partners Limited Company 07. Feb 20 07. Feb 20 45,000 A$2.26 A$101,700
03. Feb 20 Buy VGI Partners Limited Company 03. Feb 20 03. Feb 20 50,000 A$2.22 A$111,200
02. Feb 20 Buy VGI Partners Limited Company 31. Jan 20 31. Jan 20 50,000 A$2.23 A$111,680
30. Jan 20 Buy VGI Partners Limited Company 30. Jan 20 30. Jan 20 50,000 A$2.20 A$110,180
29. Jan 20 Buy VGI Partners Limited Company 29. Jan 20 29. Jan 20 50,000 A$2.20 A$110,135
14. Jan 20 Buy VGI Partners Limited Company 14. Jan 20 14. Jan 20 5,000 A$2.22 A$11,100
13. Jan 20 Buy VGI Partners Limited Company 13. Jan 20 13. Jan 20 52,268 A$2.18 A$114,159
12. Jan 20 Buy VGI Partners Limited Company 10. Jan 20 10. Jan 20 35,000 A$2.20 A$76,850
08. Jan 20 Buy VGI Partners Limited Company 08. Jan 20 08. Jan 20 30,000 A$2.20 A$66,000
06. Jan 20 Buy VGI Partners Limited Company 06. Jan 20 06. Jan 20 25,000 A$2.21 A$55,325
05. Jan 20 Buy VGI Partners Limited Company 03. Jan 20 03. Jan 20 15,000 A$2.23 A$33,375
02. Jan 20 Buy VGI Partners Limited Company 02. Jan 20 02. Jan 20 10,000 A$2.24 A$22,400
01. Jan 20 Buy VGI Partners Limited Company 31. Dec 19 31. Dec 19 10,000 A$2.24 A$22,450
29. Dec 19 Buy VGI Partners Limited Company 27. Dec 19 27. Dec 19 15,000 A$2.25 A$33,735
30. Dec 19 Buy VGI Partners Limited Company 24. Dec 19 24. Dec 19 45,000 A$2.25 A$101,056
10. Sep 19 Buy VGI Partners Limited Company 10. Sep 19 10. Sep 19 100,000 A$2.34 A$233,510
23. Dec 19 Buy VGI Partners Limited Company 23. Dec 19 23. Dec 19 20,000 A$2.24 A$44,750
22. Dec 19 Buy VGI Partners Limited Company 20. Dec 19 20. Dec 19 25,000 A$2.26 A$56,425
18. Dec 19 Buy VGI Partners Limited Company 18. Dec 19 18. Dec 19 30,000 A$2.27 A$68,100
16. Dec 19 Buy VGI Partners Limited Company 16. Dec 19 16. Dec 19 60,000 A$2.27 A$135,971
16. Dec 19 Buy Lawrence Myers Individual 16. Dec 19 16. Dec 19 50,000 A$2.30 A$114,790
15. Dec 19 Buy VGI Partners Limited Company 13. Dec 19 13. Dec 19 40,000 A$2.28 A$91,280
12. Dec 19 Buy VGI Partners Limited Company 12. Dec 19 12. Dec 19 17,909 A$2.28 A$40,827
11. Dec 19 Buy VGI Partners Limited Company 11. Dec 19 11. Dec 19 50,000 A$2.28 A$113,895
08. Dec 19 Buy VGI Partners Limited Company 06. Dec 19 06. Dec 19 30,000 A$2.30 A$69,051
05. Dec 19 Buy VGI Partners Limited Company 05. Dec 19 05. Dec 19 45,000 A$2.30 A$103,397
03. Dec 19 Buy VGI Partners Limited Company 03. Dec 19 03. Dec 19 30,000 A$2.30 A$69,000
02. Dec 19 Buy VGI Partners Limited Company 02. Dec 19 02. Dec 19 32,196 A$2.28 A$73,333
28. Nov 19 Buy VGI Partners Limited Company 28. Nov 19 28. Nov 19 30,000 A$2.31 A$69,201
27. Nov 19 Buy VGI Partners Limited Company 27. Nov 19 27. Nov 19 30,000 A$2.28 A$68,361
26. Nov 19 Buy VGI Partners Limited Company 26. Nov 19 26. Nov 19 30,000 A$2.26 A$67,929
25. Nov 19 Buy VGI Partners Limited Company 25. Nov 19 25. Nov 19 50,000 A$2.26 A$113,040
24. Nov 19 Buy VGI Partners Limited Company 22. Nov 19 22. Nov 19 100,000 A$2.27 A$226,600
21. Nov 19 Buy VGI Partners Limited Company 21. Nov 19 21. Nov 19 60,000 A$2.27 A$136,374
19. Nov 19 Buy Noel J. Whittaker Individual 19. Nov 19 19. Nov 19 13,969 A$2.29 A$31,989
19. Nov 19 Buy VGI Partners Limited Company 19. Nov 19 19. Nov 19 28,151 A$2.28 A$64,069
18. Nov 19 Buy VGI Partners Limited Company 18. Nov 19 18. Nov 19 30,000 A$2.29 A$68,550
17. Nov 19 Buy VGI Partners Limited Company 15. Nov 19 15. Nov 19 30,000 A$2.27 A$68,100
14. Nov 19 Buy VGI Partners Limited Company 14. Nov 19 14. Nov 19 30,000 A$2.24 A$67,287
13. Nov 19 Buy VGI Partners Limited Company 13. Nov 19 13. Nov 19 30,000 A$2.24 A$67,101
12. Nov 19 Buy VGI Partners Limited Company 12. Nov 19 12. Nov 19 40,000 A$2.24 A$89,524
11. Nov 19 Buy VGI Partners Limited Company 11. Nov 19 11. Nov 19 55,000 A$2.24 A$123,233
10. Nov 19 Buy VGI Partners Limited Company 08. Nov 19 08. Nov 19 45,000 A$2.25 A$101,304
07. Nov 19 Buy VGI Partners Limited Company 07. Nov 19 07. Nov 19 45,000 A$2.24 A$100,750
06. Nov 19 Buy VGI Partners Limited Company 06. Nov 19 06. Nov 19 40,000 A$2.24 A$89,760
05. Nov 19 Buy VGI Partners Limited Company 05. Nov 19 05. Nov 19 55,000 A$2.24 A$123,189
04. Nov 19 Buy VGI Partners Limited Company 04. Nov 19 04. Nov 19 95,000 A$2.25 A$213,446
15. Oct 19 Buy VGI Partners Limited Company 15. Oct 19 15. Oct 19 70,000 A$2.30 A$161,308
14. Oct 19 Buy VGI Partners Limited Company 14. Oct 19 14. Oct 19 34,380 A$2.32 A$79,662
13. Oct 19 Buy VGI Partners Limited Company 11. Oct 19 11. Oct 19 45,000 A$2.31 A$103,955
10. Oct 19 Buy VGI Partners Limited Company 10. Oct 19 10. Oct 19 80,000 A$2.31 A$184,768
09. Oct 19 Buy VGI Partners Limited Company 09. Oct 19 09. Oct 19 114,608 A$2.31 A$264,894
29. Sep 19 Buy Douglas Tynan Individual 27. Sep 19 27. Sep 19 17,453 A$2.34 A$40,919
29. Sep 19 Buy Robert Luciano Individual 27. Sep 19 27. Sep 19 66,801 A$2.34 A$156,615
26. Sep 19 Buy Robert Luciano Individual 26. Sep 19 26. Sep 19 46,390 A$2.34 A$108,729
26. Sep 19 Buy Douglas Tynan Individual 26. Sep 19 26. Sep 19 12,120 A$2.34 A$28,407
25. Sep 19 Buy Robert Luciano Individual 25. Sep 19 25. Sep 19 96,645 A$2.34 A$225,782
25. Sep 19 Buy Douglas Tynan Individual 25. Sep 19 25. Sep 19 25,250 A$2.34 A$58,989
24. Sep 19 Buy Douglas Tynan Individual 24. Sep 19 24. Sep 19 30,300 A$2.36 A$71,487
24. Sep 19 Buy Robert Luciano Individual 24. Sep 19 24. Sep 19 115,975 A$2.36 A$273,620
23. Sep 19 Buy Robert Luciano Individual 23. Sep 19 23. Sep 19 166,230 A$2.36 A$392,536
23. Sep 19 Buy Douglas Tynan Individual 23. Sep 19 23. Sep 19 43,430 A$2.36 A$102,556
22. Sep 19 Buy Robert Luciano Individual 20. Sep 19 20. Sep 19 201,021 A$2.37 A$475,435
22. Sep 19 Buy Douglas Tynan Individual 20. Sep 19 20. Sep 19 52,521 A$2.37 A$124,217
19. Sep 19 Buy Robert Luciano Individual 19. Sep 19 19. Sep 19 297,667 A$2.35 A$700,381
19. Sep 19 Buy Douglas Tynan Individual 19. Sep 19 19. Sep 19 77,771 A$2.35 A$182,987
18. Sep 19 Buy Robert Luciano Individual 18. Sep 19 18. Sep 19 579,870 A$2.35 A$1,361,593
18. Sep 19 Buy Douglas Tynan Individual 18. Sep 19 18. Sep 19 151,503 A$2.35 A$355,744
17. Sep 19 Buy Robert Luciano Individual 17. Sep 19 17. Sep 19 115,975 A$2.36 A$273,283
17. Sep 19 Buy Douglas Tynan Individual 17. Sep 19 17. Sep 19 30,300 A$2.36 A$71,399
12. Sep 19 Buy VGI Partners Limited Company 12. Sep 19 12. Sep 19 100,000 A$2.35 A$234,980
11. Sep 19 Buy David Jones Individual 11. Sep 19 11. Sep 19 50,000 A$2.34 A$117,000
11. Sep 19 Buy VGI Partners Limited Company 11. Sep 19 11. Sep 19 100,000 A$2.35 A$235,050
09. Sep 19 Buy VGI Partners Limited Company 09. Sep 19 09. Sep 19 100,000 A$2.33 A$233,250
08. Sep 19 Buy VGI Partners Limited Company 06. Sep 19 06. Sep 19 100,000 A$2.32 A$231,820
08. Sep 19 Buy Noel J. Whittaker Individual 06. Sep 19 06. Sep 19 22,000 A$2.29 A$50,380
13. Aug 19 Buy VGI Partners Limited Company 13. Aug 19 13. Aug 19 43,936 A$2.32 A$101,751
07. Aug 19 Buy Lawrence Myers Individual 07. Aug 19 07. Aug 19 100,000 A$2.33 A$233,000
07. Aug 19 Buy VGI Partners Limited Company 07. Aug 19 07. Aug 19 55,000 A$2.34 A$128,601
27. Jun 19 Buy VGI Partners Limited Company 25. Jun 19 25. Jun 19 26,455 A$2.31 A$61,111
27. Jun 19 Buy Lawrence Myers Individual 25. Jun 19 25. Jun 19 34,472 A$2.31 A$79,630
24. Jun 19 Buy Robert Luciano Individual 21. Jun 19 21. Jun 19 1,063,439 A$2.34 A$2,488,447
24. Jun 19 Buy Noel J. Whittaker Individual 21. Jun 19 21. Jun 19 45,031 A$2.34 A$105,373
24. Jun 19 Buy Lawrence Myers Individual 21. Jun 19 21. Jun 19 15,528 A$2.34 A$36,336
24. Jun 19 Buy David Jones Individual 21. Jun 19 21. Jun 19 57,901 A$2.34 A$135,488
24. Jun 19 Buy Douglas Tynan Individual 21. Jun 19 21. Jun 19 276,365 A$2.34 A$646,694
X
Management checks
We assess VGI Partners Global Investments's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. VGI Partners Global Investments has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

VG1 News

Simply Wall St News

VG1 Company Info

Description

VGI Partners Global Investments Limited provides investors with the opportunity to access the investment strategy of VGI Partners. Its investment portfolio comprises global listed securities, holding a combination of long and short positions, and cash. The company was incorporated in 2017 and is based in Sydney, Australia.

Details
Name: VGI Partners Global Investments Limited
VG1
Exchange: CHIA
Founded: 2017
A$858,603,421
406,921,053
Website: http://www.vgipartners.com/lics/vg1
Address: VGI Partners Global Investments Limited
39 Phillip Street,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX VG1 Ordinary Shares Australian Securities Exchange AU AUD 28. Sep 2017
CHIA VG1 Ordinary Shares Chi-X Australia AU AUD 28. Sep 2017
Number of employees
Current staff
Staff numbers
0
VGI Partners Global Investments employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 11:12
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/01/28
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.