Very interesting! I would probably have added Judges Scientific and, maybe, MBB (to have a cannibal!). The number that jumps at me is the average EV/FCF of 32. 3% FCF yield even for very good businesses in aggregate kind of explains why REQ and similar managers are having a tough time this year!
Great list!
I feel like https://saas.group/ should've made the cut as well.
Thanks, by the way - it's on the list for the updated version I'm working on!
Quite short public track-record though
happy to help you with saas.group's profile!
I thought you meant SysDat, what is the ticker symbol for Saas.Group?
oh! not a public company (yet) but great portfolio either way
Ok, I see. I don't do private companies
Great write up! Missing one serial acquirer: ZIGExN. Here is my analysis: https://arnoldweenink.substack.com/p/zigexn-high-quality-against-a-crazy?r=3m3w7a
Thanks! Wow, looks excellent at first sight. Great margins, ROCE and growth. I will look into it this week, thanks for sharing
Amazing work,thank you
You are welcome, glad you liked it :)
Very interesting! I would probably have added Judges Scientific and, maybe, MBB (to have a cannibal!). The number that jumps at me is the average EV/FCF of 32. 3% FCF yield even for very good businesses in aggregate kind of explains why REQ and similar managers are having a tough time this year!