Xafinity provides a range of services to pension trustees and sponsors, including derisking, valuation, and administration services. In recent years the company has delivered steady EBITDA margins of above 30%, with a 90% cash conversion ratio, and more than 80% of revenues coming from recurring streams. All characteristics one would hope to see in a pension advisory business. But where’s the excitement? In this report we examine two of the growth opportunities which we believe will allow Xafinity to sustain 6% revenue growth in the coming years, in addition to maintaining a 65% dividend pay-out ratio.
08 May 2017
Xafinity - The Most Exciting of Actuaries
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Xafinity - The Most Exciting of Actuaries
XPS Pensions Group Plc (XPS:LON) | 242 2.4 0.4% | Mkt Cap: 503.3m
- Published:
08 May 2017 -
Author:
Ed Stacey -
Pages:
4
Xafinity provides a range of services to pension trustees and sponsors, including derisking, valuation, and administration services. In recent years the company has delivered steady EBITDA margins of above 30%, with a 90% cash conversion ratio, and more than 80% of revenues coming from recurring streams. All characteristics one would hope to see in a pension advisory business. But where’s the excitement? In this report we examine two of the growth opportunities which we believe will allow Xafinity to sustain 6% revenue growth in the coming years, in addition to maintaining a 65% dividend pay-out ratio.