You are here

Prices & Quotes - UK Markets - Apax Global Alpha Limited (APAX)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
159.00p
Change Today:
0.000p
Market Cap:
780.85m
Sector:
Equity Investment Instruments

Apax Global sees off global volatility to report improved NAV

By Abigail Townsend

Date: Tuesday 05 Mar 2019

LONDON (ShareCast) - (Sharecast News) - Apax Global Alpha reported a 7% rise in total net asset return last year, as a solid performance in private equity helped offset volatile global equity markets.
The firm said the 7.1% rise, or 5.4% increase at constancy currency rates, reflected the "strong operational performance" of its private equity portfolio and a "positive contribution from derived debt".

Within the total NAV return, private equity was up 9.2%, derived investments were down -2.5%, foreign exchange was ahead 1.7% and costs and other movements were off -1.3%.

As at 31 December, adjusted NAV was E930.8m, compared to E912.4m a year earlier, and the firm was 98% invested with a net cash balance of E17.3m.

Ralf Gruss, chief operating officer of private equity firm Apax Partners, AGA's investment adviser, said: "AGA delivered positive returns in a year where most markets turned negative. The private equity portfolio had pleasing returns driven by the strong operational momentum in the portfolio companies and three lucrative exits.

"In derived investments, the quality of the derived debt portfolio allowed for outperformance against credit markets.

"Listed equity investments, however, disappointed and could not withstand market volatility."

AGA is a closed-ended investment company that listed on the London Stock Exchange in 2015 and targets an annual total return of between 12% and 15%, net of fees and expenses. It invests in private equity via Apax Funds as well as in equities and debt.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

APAX Market Data

Currency UK Pounds
Price 159.00p
Change Today 0.000p
52 Week High 185.50p
52 Week Low 112.00p
Volume 74,608
Shares Issued 491.10m
Market Cap 780.85m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
PEG
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

APAX Dividends

  Latest Previous
  Interim Final
Ex-Div 03-Sep-20 12-Mar-20
Paid 25-Sep-20 03-Apr-20
Amount 5.40¢ 5.59¢

Trades for 30-Oct-2020

Time Volume / Share Price
16:35 17,313 @ 159.00p
16:29 58 @ 158.40p
16:29 14 @ 158.40p
16:29 69 @ 159.60p
16:21 41 @ 159.60p

APAX Key Personnel

Chair Tim J Breedon