The January trading statement announced NAV (662p per share), total NAV return (24%), NAV growth driven by EBITDA growth (65%), modest multiple expansion (35%), investments (£271m), realisations (£244m), available finance, including cash (£210m), and commitments (£929m). The detailed results announcement highlighted i) 2022 exits, on average, 70% above carrying value, ii) 22% investee company average earnings growth, iii) weighted average EV/EBITDA of 15.9x, below listed market levels, iii) a PE ....
15 Mar 2023
Oakley Capital Investments Ltd (OCI): 2022: NAV returns driven by EBITDA growth
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Oakley Capital Investments Ltd (OCI): 2022: NAV returns driven by EBITDA growth
Oakley Capital Investments Ltd Registered (OCI:LON) | 476 9.5 0.4% | Mkt Cap: 839.8m
- Published:
15 Mar 2023 - Author:
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Pages:
15
The January trading statement announced NAV (662p per share), total NAV return (24%), NAV growth driven by EBITDA growth (65%), modest multiple expansion (35%), investments (£271m), realisations (£244m), available finance, including cash (£210m), and commitments (£929m). The detailed results announcement highlighted i) 2022 exits, on average, 70% above carrying value, ii) 22% investee company average earnings growth, iii) weighted average EV/EBITDA of 15.9x, below listed market levels, iii) a PE ....