Forager Australian Shares Fund [ASX:FOR] share price and news 2022

Company Description

Forager Australian Shares Fund (FOR) is an Australian managed investment scheme structured as a unit trust. The Fund offers investors exposure to a portfolio of securities that have been purchased by the Fund at prices the Manager believed were below the value of the securities. The Fund is a closed-ended fund which means underlying investments are not required to be sold to meet regular Unitholder redemptions as may be the case with an open-ended fund.

Forager Australian Shares Fund belongs to Financials sector and under industry of Diversified Capital Markets. You can get more information about this company via their website: http://www.foragerfunds.com.

This a small cap company with market cap of 151 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is greater than sector but less than market. On the other hand, Company Earning is greater than both sector and market.

Earnings PE PB PE growth
Company 1.66 0 1.32 0
Market 0.85 22.3 1.99 0.84
Sector 1.02 23.4 1.15 1.09

Dividend Growth Chart

The following chart shows you how for dividend grows in the recent years.