Full Year Results 

AJ Bell priced for growth

AJ Bell priced for growth

If you want to know why shares in AJ Bell (AJB) trade on 44 times house broker Numis’s full-year earnings forecast, look at its operational gearing. Although costs ticked up 9 per cent in the 12 months to September, the investment platform only required assets under administration to rise 13 per cent for profits and cash to leap by a third.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now