Report
Roger Leboff

Forecasts trimmed, attractions intact

A more volatile investment environment has not changed our view on the fundamental strengths of Impax’s unique proposition. The latter remains intact and we believe current measures (PER, yield, EV/NOPAT) materially undervalue the business’s potential for total shareholder returns or its growing appeal to an acquisitive Fund Management major as ‘best in class’ in an increasingly important segment.
Underlying
Impax Asset Management Group plc

Impax Asset Management Group is an investment firm, providing listed and private equity strategies primarily to institutional clients. As of Sep 30 2017, Co. has total assets under management and advice of £7.30 billion.

Provider
Equity Development
Equity Development

​Equity Development enables companies to become better understood and supported by investors. Since our launch in 1996 we have consistently focused on helping our clients improve their communication and relationships with both existing and potential shareholders. Our clients have come from a wide variety of sectors and domiciles, are both private and quoted and range in size from micro-cap to $multi-billions. We offer free access to company research notes written by experienced analysts. These notes include detailed forecasts, financial models and a fair value. We host regular Private Investor Forums at which investors have the opportunity to hear company directors present, and to ask questions. These are free to attend. We broadcast live Webinars with company management that include active Q&A. We also make the recordings available online. We arrange face to face meetings between private investors and company management. We are active users of Twitter, commenting daily on company news, share price moves, Directors’ Dealings, Equity Development Research Notes & Events.

Analysts
Roger Leboff

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