Report
Daniel Ragonese
EUR 101.80 For Business Accounts Only

Dominant market position, strong brand and reliable demand should drive healthy earnings growth.

Our AUD 16.50 per share fair value estimate for wide-moat InvoCare is unchanged, following the company’s bid for Norwood Park, a funeral provider with operations in Canberra, Bathurst, and Ipswich. The company performs over 2,000 cremations per year and generates sales of around AUD 5 million annually. Despite being small, the acquisition demonstrates InvoCare’s commitment to growth at a reasonable price.
The company has offered AUD 65 in cash per Norwood Park share, representing a total purchas...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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We have operations in 27 countries.

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Daniel Ragonese

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