Hargreaves Lansdown PLC is a provider of investment management products and services to private investors in the United Kingdom. A high P/E at 41, even for the industry.
However, they have a great 96% consistency of growth, and we feel that if this growth can continue value of £42.55 is possible long term. They have no debt, and all their growth and value charts are good, no blemishes. ROCE and ROE are high, as is there operating profit at 67%. Wow.
Retained earnings are good but not buying treasury stock. Do you understand what they do? Is demand for their flagship vantage going to continue? I think, why not.
Tide is up, the wave is down slightly, and the ripple is on the turn back up. Good buy time.