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Fat Prophets Global Contrarian Fund Ltd.
(Sydney:FPC)
Fat Prophets Global Contrarian Fund Ltd. (FPC) vs. iShares MSCI Australia ETF (EWA)
Fat Prophets Global Contrarian Fund Ltd. Business Overview & Revenue Model
Fat Prophets Global Contrarian Fund Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.41M | 3.20M | 7.00M | 145.00K | 2.09M | 15.53M |
| Gross Profit | 14.41M | 2.16M | 7.00M | 179.00K | 1.12M | 15.53M |
| EBITDA | 13.54M | 10.11M | 6.93M | -122.52K | -26.00M | 14.48M |
| Net Income | 9.34M | 6.99M | 4.47M | -534.00K | -9.19M | 9.98M |
Balance Sheet | ||||||
| Total Assets | 109.26M | 74.14M | 62.05M | 46.53M | 61.81M | 109.26M |
| Cash, Cash Equivalents and Short-Term Investments | 47.26M | 27.75M | 16.79M | 24.86M | 23.58M | 47.26M |
| Total Debt | 46.20M | 28.84M | 24.85M | 14.17M | 19.74M | 46.20M |
| Total Liabilities | 51.25M | 34.42M | 27.03M | 14.39M | 20.11M | 51.25M |
| Stockholders Equity | 58.01M | 39.73M | 35.02M | 32.14M | 41.71M | 58.01M |
Cash Flow | ||||||
| Free Cash Flow | 16.60M | 9.61M | -18.52M | 16.13M | -9.19M | 16.60M |
| Operating Cash Flow | 16.60M | 9.61M | -18.52M | 16.13M | -9.19M | 16.60M |
| Investing Cash Flow | 1.13M | 0.00 | 0.00 | 0.00 | 18.74M | 0.00 |
| Financing Cash Flow | 2.14M | -1.11M | -1.55M | -9.04M | -7.11M | 1.01M |
Fat Prophets Global Contrarian Fund Ltd. Technical Analysis
Fat Prophets Global Contrarian Fund Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$76.43M | 8.42 | 32.22% | 6.39% | 22.67% | 19.47% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | AU$31.88M | 10.04 | 6.14% | 14.29% | -0.40% | ― | |
66 Neutral | ― | 6.53 | 18.72% | 3.47% | 31.67% | 64.92% | |
64 Neutral | AU$23.12M | 9.03 | 13.13% | ― | 101.80% | 355.88% | |
55 Neutral | AU$10.36M | -60.00 | -2.22% | ― | 15.52% | 79.73% |
Fat Prophets Global Contrarian Fund Ltd. Corporate Events
Fat Prophets Global Contrarian Fund has reported an estimated pre-tax net tangible asset value of $2.1009 per share as at 18 February 2026, up from $2.0882 at 31 January 2026. The 0.608% increase in NTA over the period signals modest portfolio appreciation, offering investors a snapshot of recent performance and supporting transparency around the fund’s underlying asset value.
While the move is incremental, the updated NTA reinforces the fund’s positioning as an actively managed global contrarian vehicle and provides a benchmark for shareholders tracking value relative to its ASX trading price. Regular NTA disclosures are a key indicator for existing and prospective investors assessing the fund’s execution of its strategy and short-term capital growth.
The most recent analyst rating on (AU:FPC) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund has reported an estimated pre-tax net tangible asset (NTA) per share of $2.0934 as at 4 February 2026, up slightly from $2.0882 at 31 January 2026. The 0.249% increase over the short period indicates modest positive performance in the fund’s underlying portfolio and provides investors with an updated measure of asset backing per share, which is a key indicator for assessing value in listed investment companies.
The most recent analyst rating on (AU:FPC) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund Ltd has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. As of 3 February 2026, the fund reported that it had repurchased a cumulative total of 569,245 shares prior to the previous trading day, and a further 2,000 shares on the previous day, reflecting continued active capital management. The daily disclosure underscores the company’s commitment to returning capital to shareholders and potentially enhancing net asset value per share, which may help support the trading price and signal management’s confidence in the underlying value of the fund.
The most recent analyst rating on (AU:FPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund reported its strongest ever start to a year in January, with estimated pre-tax NTA per share rising to a record $2.2103 as at 28 January 2026, up 13.6% from $1.9461 at 31 December 2025, alongside FPC shares hitting new highs above $1.64. The performance was driven largely by precious metals, particularly gold, which surged to a record price, supported by a weakening US dollar that the fund expects to deteriorate further, underpinning its continued bullish stance on gold and PGMs despite near-term overbought conditions. In portfolio moves, the fund selectively increased its holding in Hong Kong-listed Chinese data-centre operator GDS Holdings, aligning with its overweight emerging markets and China thesis and its negative view on the US dollar, while trimming exposure to South Korean-founded tech and e-commerce group Coupang following operational mishaps including a customer data breach, signalling active risk management and positioning for ongoing market volatility.
The most recent analyst rating on (AU:FPC) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund Ltd has cancelled 197,245 ordinary fully paid shares following an on-market buy-back completed on 27 January 2026. The reduction in issued capital via the buy-back is likely to marginally increase the ownership percentage of remaining shareholders and may signal capital management aimed at improving capital efficiency and enhancing shareholder value.
The most recent analyst rating on (AU:FPC) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund has provided an updated daily notification to the ASX confirming the continuation of its on‑market share buy‑back program for its ordinary fully paid shares (code FPC). As of 24 January 2026, the fund reported that it had repurchased a cumulative 568,245 shares prior to the previous day and a further 1,000 shares on the previous trading day, indicating steady execution of the capital management initiative and an ongoing effort to support the company’s capital structure and potentially enhance value for existing shareholders.
The most recent analyst rating on (AU:FPC) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund reported an estimated pre-tax net tangible asset value (NTA) per share of $2.1369 as at 21 January 2026, up 9.8% since 31 December 2025 and marking the highest level in the fund’s history, with its ASX-listed shares also hitting a record high of $1.60. The strong start to the year has been driven primarily by record prices in gold, silver and platinum, gains in precious metal miners such as Coeur Mining and Fresnillo amid tight silver inventories, contributions from Japanese banks benefiting from a steepening yield curve, and sharp gains in Chinese tech majors Baidu and Alibaba following investor-approved plans to spin off their AI chip divisions, reinforcing the fund’s thesis on ongoing de-dollarisation, rising demand for gold as a hedge and the undervaluation of Chinese technology stocks.
The most recent analyst rating on (AU:FPC) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund Ltd has issued an updated notification to the ASX confirming ongoing on‑market buy-backs of its ordinary fully paid shares, under a program first announced in April 2025. As of 22 January 2026, the fund reported that it had repurchased a total of 555,245 shares before the previous trading day and a further 13,000 shares on the previous day, signalling continued active capital management that may support the fund’s trading liquidity and potentially enhance value for existing shareholders.
The most recent analyst rating on (AU:FPC) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund reported its estimated pre-tax net tangible assets (NTA) per share at $2.0932 as of 14 January 2026, a record high and up 7.56% since 31 December 2025, reflecting strong early-year performance. Management attributed the gain to core themes in precious metals, Japanese banks and major Chinese technology stocks, highlighting record silver prices, surging A$ gold, and a 25-year high in Japan’s TOPIX bank index, while expressing confidence that a supportive “risk-on” market backdrop will persist. The fund cited a strong earnings update from Japanese holding Money Forward, and disclosed incremental portfolio adjustments, including adding to positions in GDS Holdings, a China-focused data centre operator leveraged to hyperscale cloud and internet platforms, and building its stake in building materials group James Hardie on expectations of a cyclical rebound in the US housing market; these moves underscore its continued bullish stance on Chinese technology and selective cyclical recovery plays.
The most recent analyst rating on (AU:FPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund Ltd has provided a daily update on its ongoing on-market share buy-back program, confirming that it repurchased 10,000 ordinary fully paid shares on the previous trading day, bringing the cumulative total bought back to 545,245 shares since the program commenced. The continued execution of the on-market buy-back signals the board’s ongoing use of capital management to potentially enhance shareholder value and adjust the fund’s capital structure, which may support net asset value per share and liquidity outcomes for existing investors.
The most recent analyst rating on (AU:FPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund reported a strong uplift in its net tangible asset backing in December 2025, with pre-tax NTA rising from $1.8907 to $1.9461, and further to an estimated $2.0073 by 7 January 2026, capping the strongest annual NTA expansion in the fund’s history. Performance was driven by surging precious metals, supported by supply deficits and low inventories, alongside gains from PGM miners and positions in Japanese financials that benefited from Bank of Japan policy normalisation and a steeper domestic yield curve. The manager also selectively increased holdings in James Hardie, BYD, Baidu, GDS and Grab during market weakness, reflecting confidence in a potential US housing upcycle, global EV growth and depressed China tech valuations, and maintains a constructive outlook for 2026 on the back of easing global monetary conditions, expected US dollar softness and ongoing supply constraints in precious metals, while highlighting continued opportunity for active contrarian positioning, particularly in Asia and China.
The most recent analyst rating on (AU:FPC) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund Ltd, an ASX-listed investment fund focused on global contrarian opportunities, operates through a portfolio of ordinary fully paid securities under the ticker FPC. The company has provided an updated notification of its on-market share buy-back, disclosing that a total of 515,245 shares had been repurchased before the previous trading day and a further 30,000 shares were bought back on the previous day, as part of an ongoing program first notified in April 2025. The latest daily update, dated 14 January 2026, signals continued execution of the buy-back strategy, which typically aims to enhance capital management, potentially support the trading price of the shares, and may be viewed as an indication of management’s confidence in the fund’s value for existing investors.
The most recent analyst rating on (AU:FPC) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund reported that its estimated pre-tax net tangible asset (NTA) per share rose to $2.0073 as at 7 January 2026, surpassing the $2 mark for the first time and representing a 3.145% gain since 31 December 2025. The strong start to the year was driven by broad-based gains across its key themes, with gold, precious metals, copper, Japanese financials and Chinese technology all contributing, and with silver, platinum and copper hitting record highs. While the manager warns that overbought conditions could trigger a near-term correction, it maintains a medium- to long-term bullish view on gold, platinum group metals and commodities, arguing that heightened geopolitical tensions and the prospect of greater diversification away from US assets by central banks and global investors could support sustained demand for these markets.
The most recent analyst rating on (AU:FPC) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund Ltd, an ASX-listed investment company providing contrarian global equity exposure via its fully paid ordinary shares, continues to operate an on‑market share buy-back program as part of its capital management strategy. The fund has disclosed a daily update showing that it repurchased 25,000 shares on the previous trading day, bringing the total number of shares bought back under the current program to 490,245, underscoring ongoing efforts to enhance capital efficiency and potentially support the trading price and net asset value per share for investors.
The most recent analyst rating on (AU:FPC) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund Ltd, an ASX-listed investment company trading under ticker FPC, operates a global contrarian strategy, giving investors access to a diversified portfolio focused on undervalued or overlooked opportunities in international equity markets. The company has provided an updated notification of its on‑market share buy‑back, disclosing that a total of 465,245 ordinary fully paid shares had been repurchased prior to the latest reporting date, with an additional 25,000 shares bought back on the previous trading day, signalling the fund’s continued use of buy‑backs as a capital management tool that may support its share price and net asset value per share for existing investors.
The most recent analyst rating on (AU:FPC) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Fat Prophets Global Contrarian Fund Ltd. stock, see the AU:FPC Stock Forecast page.
Fat Prophets Global Contrarian Fund reported an estimated pre-tax net tangible asset value of $1.9685 per share as at 24 December 2025, up 4.1% from 30 November and marking the highest level in the company’s history. The year-end strength was driven by record highs in gold, silver and platinum prices, which supported precious metals and PGM mining holdings, as well as gains in Japanese financials following the Bank of Japan’s recent rate increase. The portfolio was also adjusted to add to positions in James Hardie, Chinese technology groups Baidu and GDS Holdings, and EV giant BYD at what the manager considers attractive levels, with the fund maintaining a positive outlook into 2026 amid expectations of a weaker US dollar and continued supply tightness in silver and platinum markets.
Fat Prophets Global Contrarian Fund Ltd has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. As of the latest notice dated 23 December 2025, the fund has repurchased a cumulative total of 415,245 shares prior to the previous trading day and a further 50,000 shares on the previous day, signalling continued use of capital management to potentially enhance net asset value per share and support the trading price for existing investors.
Fat Prophets Global Contrarian Fund has reported an estimated pre-tax net tangible asset (NTA) per share of $1.9106 as at 17 December 2025, up from $1.8907 at 30 November, representing a 1.053% rise with no changes made to the portfolio over the period. The uplift in NTA has been driven by strong gains in gold, silver and platinum, while the manager highlights a supportive macro backdrop, with softer-than-expected US inflation giving the Federal Reserve scope for further rate cuts in 2026 that could pressure the US dollar, and a prospective rate hike in Japan expected to benefit the fund’s Japanese financial holdings, underscoring a positive outlook into year-end and 2026 for investors.
Fat Prophets Global Contrarian Fund reported a strong performance in November, driven by a rebound in Chinese technology stocks and precious metals. The fund’s net tangible asset backing increased, with significant contributions from gold, silver, and platinum producers. The company sees potential in the Chinese tech sector and has increased its holdings in major tech companies like Baidu and Alibaba. Additionally, the fund has added exposure to the US housing sector and the leading EV manufacturer BYD, anticipating a cyclical upswing in 2026. The overall market outlook remains positive, with expectations of a strong finish for risk assets by year-end.
The Fat Prophets Global Contrarian Fund announced its estimated pre-tax net tangible assets (NTA) per share as of December 10, 2025, showing a slight decrease to $1.8852 from $1.8907 on November 30, 2025. This minor decline of 0.291% in NTA reflects the fund’s performance over the ten-day period, potentially impacting investor sentiment and the fund’s market positioning.
Fat Prophets Global Contrarian Fund has amended its announcement regarding its estimated pre-tax NTA as of December 3, 2025. The company has increased its equity exposure, investing in James Hardie due to its potential in the US housing market, and BYD & Co, an EV manufacturer expanding into global markets. Additionally, the fund has increased its position in Grab Holdings, a Southeast Asian tech company, following its solid operational results. These strategic investments reflect the company’s optimistic outlook on global markets and potential opportunities in the housing and EV sectors.
Fat Prophets Global Contrarian Fund has increased its equity exposure, reflecting a positive outlook for global markets. The fund has invested in James Hardie, anticipating a recovery in the US housing sector, and sees potential in BYD & Co’s expansion into international markets. Additionally, the fund has increased its stake in Grab Holdings, capitalizing on its operational success and market presence in Southeast Asia. The fund’s pre-tax NTA per share saw a slight increase, indicating a stable financial position.
Fat Prophets Global Contrarian Fund announced a sharp rebound in its estimated pre-tax NTA, driven by strong performance in Chinese technology stocks and precious metals. The fund has fully recovered from its November drawdown, with strategic additions to its portfolio, particularly in Chinese and Southeast Asian tech holdings, indicating a positive outlook for the end of the year and potential growth in the tech sector.