Euroz Hartleys Group Limited · ASX:EZL
Euroz Hartleys — Euroz — Investor Presentation (July 2017)
19 slides from Euroz Hartleys's investor presentation, Jul 25, 2017
Slide 1: Investor Presentation July 2017
Investor Presentation For personal use only July 2017
Slide 2: Company Snapshot
Company Snapshot Euroz Limited is a growing and diversified financial services company For personal use only $17.9m Market capitalisation 48% NPAT1 $174m2 Strong staff Strong profit ownership improvement Cash & investments increasing $193m $117m2 fully franked dividends in 17 years A strong platform
Slide 3: Group Structure
Group Structure For personal use only Investor Presentation – July 2017 3
Slide 4: Historical Share Price/NTA
Historical Share Price/NTA For personal use only $3.00 Strong balance sheet/zero debt Defensive in difficult markets $2.50 Historical leverage in good markets $2.00 Western Australia and commodity prices improving but volatile NTA (A$) $1.50 $1.00 $0.50 $0.00 2006 2007 2008 2009 2010 2011 20
Slide 5: Euroz Limited Ownership
Euroz Limited Ownership Ice Cold For personal use only Investments 6% Institutions 11% Staff ownership of 48% Retail 35% Increasing institutional ownership Improving liquidity Directors 25% Performance Rights Plan = ongoing capital management Staff 23% As at 30 June 2017 High staff ownership
Slide 6: Historical Profitability
Historical Profitability For personal use only Strong past correlation to resource markets (Small Resources Index) Strategy is to increase new diverse revenue steams whilst maintaining traditional upside leverage to resources $50 7000 Small Resources - Index $41.9 $40 6000 5000 $30 $26.3 $26.6 $
Slide 7: Dividend History
Dividend History Euroz has paid $193 million fully frank dividends over 17 years For personal use only 220 Annual Div Paid Cumulative Div paid 200 180 160 Past: 140 Paid $193m dividends over 34 consecutive halves 120 High payout ratio A$m 100 Future: 80 Aim to increase the base level of 60 div
Slide 8: Stockbroking & Corporate Finance
Stockbroking & Corporate Finance Euroz Securities - 17 year history of partnering and supporting clients through For personal use only research, dealing and corporate finance services. oz Securities Quality equities research is the foundation of our business Research Highly rated research from o
Slide 9: Funds Management: Westoz Funds Management
Funds Management Westoz Funds Management – Western Australian connected investment opportunities For personal use only Westoz Funds Management (WFM) is a 100%-owned subsidiary of Euroz Limited established in 2005 WFM manages portfolios of Australian equities on behalf of two listed investment co
Slide 10: Funds Management: Prodigy Investment Partners
Funds Management Prodigy Investment Partners - launching a series of separate boutique funds For personal use only Prodigy Investment Partners (Prodigy) is an 80%-owned joint venture between Euroz Limited and former MLC CEO Steve Tucker The first of these new boutique fund management partnership
Slide 11: Wealth Management: Entrust Private Wealth Management
Wealth Management Entrust Private Wealth Management - 13 year track record For personal use only Combines its deep knowledge of financial planning and portfolio management with its portfolio administration service to create a comprehensive wealth management solution for each individual client Eu
Slide 12: Full Year Unaudited Results
Full Year Unaudited Results Short term profitability driven by strong equity capital markets For personal use only activity and increases in WIC and OZG share prices Euroz Securities WIC investment 19.4% performance equity raisings OZG investment $865m 20.1% performance Group FUM up Net profit after
Slide 13: Euroz Strategy
Euroz Strategy For personal use only Business attributes Base Dividend Dividend Market Upside Rating/EV Stockbroking and Corporate Finance Daily brokerage turnover provide a base of revenues High impact (but cyclical) transactional fee upside (ECM/M&A) Wealth Management Growing recurring b
Slide 14: Euroz Strategy
Euroz Strategy For personal use only The major driver of past dividends have been Corporate Finance (equity capital market and M&A) fees and Funds Management (WIC and OZG) performance fees ECM and performance fees have typically occurred together in strong resource markets (2007, 2008, 2010, 201
Slide 15: Euroz Balance Sheet
Euroz Balance Sheet For personal use only Strong balance sheet/zero debt Deploying modest capital into Prodigy Funds Management Market Valuation: $48-57m enterprise value for eight brands across three major business divisions Cost Market Look through value1 Westoz $38.9m $33.7m $37.1m Ozgrowth
Slide 16: Funds Under Management
Funds Under Management Strong organic FUM growth from a diverse range of businesses For personal use only $1,275 WIC ($135.7m) Funds Management $1,020 $254.6m OZG ($66.7m) PFM ($24m) $765 Entrust Wealth Flinders ($12.5m) Management $510 $712.5m Dalton Street ($15.7m) $255 Entrust ($712.5m) Euroz Sec
Slide 17: Summary
Summary Euroz Limited is a growing and diversified financial services company For personal use only Solid full year WA & Ranked #1 result / 7.25 commodity in WA based cents fully prices volatile equity capital franked dividend but improving raisings1 Established track A robust & Diversification reco
Slide 18: Disclaimer & Disclosure
Disclosure For personal use only Disclaimer & Disclosure Euroz Limited (EZL) and its related entities and each of their respective directors, officers and agents (together the Disclosers) have prepared the information contained in these materials in good faith. However, no warranty (express or impli
Slide 19: Thank you
Thank you For personal use only Euroz Limited Level 18 Alluvion 58 Mounts Bay Rd Perth Western Australia 6000 euroz.com