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Fat Prophets Global Contrarian Fund Ltd. (AU:FPC)
ASX:FPC
Australian Market
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Fat Prophets Global Contrarian Fund Ltd. (FPC) AI Stock Analysis

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AU:FPC

Fat Prophets Global Contrarian Fund Ltd.

(Sydney:FPC)

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Neutral 66 (OpenAI - 5.2)
Rating:66Neutral
Price Target:
AU$1.50
â–˛(4.17% Upside)
Action:Reiterated
Date:12/30/25
The score is driven primarily by mid-range financial quality due to volatile revenue and cash-flow consistency despite improved recent profitability, supported by attractive valuation (low P/E and dividend yield). Technicals are moderately positive with price above key moving averages, but momentum looks somewhat stretched near-term (high Stoch).
Positive Factors
Active contrarian investment model
The firm’s core business is an actively managed, contrarian portfolio strategy sold to shareholders. Over a multi-month horizon this business model can capture market mispricings and differentiate returns versus passive peers, supporting durable fee income if manager skill and positioning persist.
Negative Factors
Revenue volatility
Large year-to-year swings in revenue undermine the predictability of management fees and performance-linked income. This weakens confidence in recurring earnings and makes planning for distributions and portfolio funding harder, increasing medium-term earnings and cashflow risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Active contrarian investment model
The firm’s core business is an actively managed, contrarian portfolio strategy sold to shareholders. Over a multi-month horizon this business model can capture market mispricings and differentiate returns versus passive peers, supporting durable fee income if manager skill and positioning persist.
Read all positive factors

Fat Prophets Global Contrarian Fund Ltd. (FPC) vs. iShares MSCI Australia ETF (EWA)

Fat Prophets Global Contrarian Fund Ltd. Business Overview & Revenue Model

Company Description
Fat Prophets Global Contrarian Fund Ltd (FPC.AX) is an Australian-domiciled, closed-end equity investment vehicle, managed by Fat Prophets Funds Management Australia Pty. Ltd. This fund strategically allocates capital to publicly traded companies ...
How the Company Makes Money
null...

Fat Prophets Global Contrarian Fund Ltd. Financial Statement Overview

Summary
Profitability improved with positive net income in 2024–2025 and healthy margins, and leverage appears manageable (debt-to-equity ~0.71–0.73). Offsetting this, revenue and cash flows have been highly volatile year-to-year, reducing confidence in the durability and repeatability of results.
Income Statement
58
Neutral
Balance Sheet
63
Positive
Cash Flow
54
Neutral
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue3.62M3.20M7.00M145.00K2.09M15.53M
Gross Profit18.00K2.16M7.00M179.00K1.12M15.53M
EBITDA12.99M10.11M6.93M-122.52K-26.00M14.48M
Net Income9.29M6.99M4.47M-534.00K-9.19M9.98M
Balance Sheet
Total Assets88.28M74.14M62.05M46.53M61.81M109.26M
Cash, Cash Equivalents and Short-Term Investments25.35M27.75M16.79M24.86M23.58M47.26M
Total Debt30.70M28.84M24.85M14.17M19.74M46.20M
Total Liabilities38.70M34.42M27.03M14.39M20.11M51.25M
Stockholders Equity49.58M39.73M35.02M32.14M41.71M58.01M
Cash Flow
Free Cash Flow-4.83M9.61M-18.52M16.13M-9.19M16.60M
Operating Cash Flow-4.83M9.61M-18.52M16.13M-9.19M16.60M
Investing Cash Flow0.000.000.000.0018.74M0.00
Financing Cash Flow-594.00K-1.11M-1.55M-9.04M-7.11M1.01M

Fat Prophets Global Contrarian Fund Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.44
Price Trends
50DMA
1.34
Negative
100DMA
1.39
Negative
200DMA
1.43
Negative
Market Momentum
MACD
-0.02
Positive
RSI
30.09
Neutral
STOCH
4.38
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FPC, the sentiment is Negative. The current price of 1.44 is above the 20-day moving average (MA) of 1.28, above the 50-day MA of 1.34, and above the 200-day MA of 1.43, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 30.09 is Neutral, neither overbought nor oversold. The STOCH value of 4.38 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FPC.

Fat Prophets Global Contrarian Fund Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
AU$783.93M44.951.95%7.70%-79.48%-85.93%
73
Outperform
AU$557.73M10.1510.92%4.07%-40.84%-55.88%
73
Outperform
AU$1.62B5.2727.73%3.93%1.30%109.12%
71
Outperform
AU$677.56M14.047.56%5.02%-48.59%-51.10%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
66
Neutral
AU$40.43M2.1836.39%3.47%2454.11%453.96%
52
Neutral
AU$32.50M76.390.89%―437.14%―
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:FPC
Fat Prophets Global Contrarian Fund Ltd.
1.25
0.12
10.27%
AU:WQG
WCM Global Growth Ltd.
2.05
0.25
14.02%
AU:PGF
PM Capital Global Opportunities Fund Ltd.
3.37
0.81
31.74%
AU:GFL
Global Masters Fund Limited
2.88
-0.80
-21.74%
AU:WGB
WAM Global Ltd.
2.22
-0.18
-7.62%
AU:FGG
Future Generation Global Limited
1.68
0.23
15.86%

Fat Prophets Global Contrarian Fund Ltd. Corporate Events

Fat Prophets Global Contrarian Fund posts July NTA uplift
Jul 30, 2026
Fat Prophets Global Contrarian Fund reported an estimated pre-tax net tangible asset value of $1.7384 per share as at 29 July 2026, up from $1.6887 at 30 June 2026. This represents a 2.943% increase in NTA over the period, indicating a positive pe...
Fat Prophets Global Contrarian Fund lifts NTA amid rising market volatility
Jul 24, 2026
Fat Prophets Global Contrarian Fund reported an estimated pre-tax net tangible asset value of $1.7459 per share as at 22 July 2026, up 3.387% from $1.6887 at 30 June 2026. The improvement comes despite rising market volatility driven by escalating...
Fat Prophets Fund Absorbs NTA Hit as It Doubles Down on Contrarian Bets
Jul 14, 2026
Fat Prophets Global Contrarian Fund reported a decline in its estimated pre- and post-tax net tangible asset backing for June 2026, partly reflecting dilution from a recent rights issue priced at $1.42 per share. The fund remains heavily invested,...
Fat Prophets Global Contrarian Fund lifts NTA on contrarian tech and financial bets
Jul 9, 2026
Fat Prophets Global Contrarian Fund reported an estimated pre-tax NTA per share of $1.7345 as at 8 July 2026, up 2.71% from 30 June. Performance in the first week of July was buoyed by strong gains in Japanese banks, a takeover bid for gold miner ...
Fat Prophets Global Contrarian Fund Lifts NTA and Expands U.S. Exposure
Jul 6, 2026
Fat Prophets Global Contrarian Fund reported an estimated pre-tax net tangible asset value of $1.6989 per share as at 1 July 2026, up 0.604% from 30 June 2026. July has begun positively for the portfolio, reflecting active management decisions and...
Fat Prophets Global Contrarian Fund NTA Falls as Strong U.S. Dollar Pressures Commodities
Jun 28, 2026
Fat Prophets Global Contrarian Fund reported an estimated pre-tax NTA of $1.6994 per share as at 24 June 2026, down from $1.8485 at 31 May, reflecting an 8.07% decline that also captures dilution from a recent rights issue priced at $1.42. Managem...
Fat Prophets Global Contrarian Fund Alters Broker for Ongoing On-Market Buy-Back
Jun 25, 2026
Fat Prophets Global Contrarian Fund Ltd., an ASX-listed investment fund offering ordinary fully paid shares under the code FPC, operates in the funds management sector with a focus on contrarian global equity investments for retail and institution...
Fat Prophets Global Contrarian Fund Updates Daily On‑Market Buy-Back Activity
Jun 25, 2026
Fat Prophets Global Contrarian Fund Ltd, an ASX-listed investment fund specialising in a contrarian global investment strategy, offers investors exposure to a managed portfolio through its ordinary fully paid shares trading under the code FPC. The...
Fat Prophets Global Contrarian Fund Issues 1.48m Unquoted Options
Jun 16, 2026
Fat Prophets Global Contrarian Fund Ltd, an ASX-listed investment fund specialising in contrarian global strategies, offers investors access to a diversified portfolio built around value-driven opportunities. The fund targets mispriced assets acro...
Fat Prophets Global Contrarian Fund Seeks Quotation for 1.48 Million New Shares
Jun 16, 2026
Fat Prophets Global Contrarian Fund has applied to list 1,478,877 new ordinary fully paid shares on the ASX under the code FPC, with an issue date of June 16, 2026. The additional quoted securities expand the fund’s listed capital base, pote...
Fat Prophets Global Contrarian Fund Seeks ASX Quotation for Newly Issued Securities
Jun 10, 2026
Fat Prophets Global Contrarian Fund has applied to the ASX for quotation of a new batch of fully paid securities that were issued on 10 June 2026 as part of a previously flagged transaction. The application follows an earlier Appendix 3B lodged on...
Fat Prophets Global Contrarian Fund Issues Over 2.3 Million Unquoted Options
Jun 10, 2026
Fat Prophets Global Contrarian Fund Ltd has issued 2,307,587 unquoted options, designated FPCAC and expiring on June 11, 2027, as part of a previously announced transaction. The move modestly increases the company’s pool of equity-linked sec...
Fat Prophets Global Contrarian Fund Raises $5.4m Through Rights Issue
Jun 10, 2026
Fat Prophets Global Contrarian Fund has completed a non-renounceable pro rata rights issue, raising $3.28 million from shareholder entitlements and additional subscriptions at an issue price of $1.42 per share, increasing its total shares on issue...
Fat Prophets Global Contrarian Fund Adds Underwriter to Planned Pro Rata Issue
Jun 1, 2026
Fat Prophets Global Contrarian Fund has updated its disclosure to the ASX regarding a proposed non-renounceable pro rata issue of securities, confirming that the offer will proceed under the standard listing rule framework. The latest filing advis...
Fat Prophets Global Contrarian Fund Secures Extra Underwriting for Rights Issue
Jun 1, 2026
Fat Prophets Global Contrarian Fund Limited has boosted the underwriting support for its current non-renounceable rights issue, adding a further $100,000 commitment. This raises the total underwritten amount to $2.1 million ahead of the offer&#821...
Fat Prophets Fund Adds Underwriter to Planned Pro Rata Capital Raising
May 31, 2026
Fat Prophets Global Contrarian Fund has lodged an updated notice with the ASX outlining a proposed non-renounceable pro rata issue of securities to existing shareholders. The filing confirms that the securities are intended to be quoted on the ASX...
Fat Prophets Global Contrarian Fund lifts NTA and secures strong support for rights issue
May 28, 2026
Fat Prophets Global Contrarian Fund reported an estimated pre-tax NTA per share of $1.8357 as of 27 May 2026, up 1.012% since 30 April 2026, reflecting solid portfolio performance led by Japanese bank holdings. The fund highlighted record annual p...
Fat Prophets Fund Lifts NTA as Japanese Bank Bets and Rights Issue Gain Traction
May 22, 2026
Fat Prophets Global Contrarian Fund has reported an estimated pre‑tax net tangible asset value of $1.8233 per share as at 20 May 2026, up 0.33% since 30 April 2026. The fund’s performance has been supported by its sizeable holdings in ...
Fat Prophets Global Contrarian Fund launches partially underwritten rights issue to boost scale and liquidity
May 4, 2026
Fat Prophets Global Contrarian Fund Limited has launched a non-renounceable pro-rata rights issue, offering eligible shareholders one new share for every five held at an issue price set as the lower of $1.50 or the five-day VWAP up to the closing ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 30, 2025