市场见解

2 very compelling ASX shares for 2022

Pinnacle is a very compelling ASX share for next year.
The post 2 very compelling ASX shares for 2022 appeared first on The Motley Fool Australia. –

There are a certain number of ASX shares that are compelling options for 2022.

Some businesses are expecting a lot of growth in the coming years and they have growth strategies to do what they can to fulfil that potential.

Management are focused on initiatives that can drive the businesses higher. Here are two leading opportunities:

Pushpay Holdings Ltd (ASX: PPH)

Pushpay is a leading ASX tech share. It is a electronic payment business that facilitates billions of (US) dollars of donations to large and medium US churches.

The business continues to see improvement in various metrics. In the first half of FY22, total processing volume increased 9% to US$3.5 billion, revenue grew 9% to US$93.5 million, the gross profit margin increased from 68% to 69% and the net profit after tax (NPAT) surged 43% to US$19.1 million.

Pushpay is working on developing the functionality of its suite of solutions to serve the Catholic segment of the market. It’s expecting the benefits from the Catholic segment to be realised over the course of the following years. It’s targeting acquiring more than 25% of Catholic church management system and donor management system market over the next five years.

The company continues to look for acquisition opportunities that can improve the business. It has previously bought Church Community Builder and Resi Media, which has improved its church management tools and livestreaming capabilities.

Over the last two months, the Pushpay share price has fallen more than 25%. According to Commsec, it’s now valued at 24x FY23’s estimated earnings.

Pinnacle Investment Management Group Ltd (ASX: PNI)

Pinnacle is an ASX share that makes investments in high-quality investment management businesses and helps them grow.

For the fund managers, Pinnacle can provide a number of benefits including seeding funds under management (FUM) and working capital, distribution and client services, middle office and fund administration, technology and other infrastructure. Compliance, finance and legal services are also provided.

All of that is offered so that the investment professionals can focus on the investing, not any of the other back-office tasks.

It’s investing in a number of fund managers like Hyperion, Plato, Solaris, Spheria, and Firetrail.

The company continues to expand its portfolio as well as seeing organic growth. It recently invested in the private equity investment manager Five V which provides attractive economics.

As at 31 October 2021, its aggregate affiliate FUM had grown another 1.7% to $89.4 billion, or 6.3% over the four months to 31 October 2021 excluding the $3.9 billion outflow of the Omega passive mandate which only made “very modest” fees. Aggregate retail FUM increased by 13.3% to $23 billion.

In FY22, it’s expecting growth. The FUM at the last update was more than 30% ahead of FY21’s average FUM.

Pinnacle has said it’s committed to taking advantage of the “significant” offshore opportunity by evolving into a global multi-affiliate platform.

It has partnered with Greg Dean, the former principal manager at Cambridge Global Asset Management, to launch its first North American affiliate, based in Toronto, Canada.

According to Commsec, the Pinnacle share price is valued at 29x FY23’s estimated earnings.

The post 2 very compelling ASX shares for 2022 appeared first on The Motley Fool Australia.

Should you invest $1,000 in Pinnacle right now?

Before you consider Pinnacle, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Pinnacle wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

Are these 2 impressive ASX shares buys in December 2021?

Winning shares for 2022: the companies experts are backing revealed at Sohn

Here are 6 of the worst performing ASX shares of November

Are these 2 top ASX shares beaten-up buys?

Down 10% in a week, is the Pinnacle share price an obvious buy?

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended PINNACLE FPO and PUSHPAY FPO NZX. The Motley Fool Australia owns and has recommended PINNACLE FPO and PUSHPAY FPO NZX. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

随时随地,交易世界!

移动APP平台,拥有 12 个市场的 50,000 多种全球上市证券(全球市值超过 70%),直接在您的 Android 或 iOS 设备上即可操作。

与独有的交易理念和投资分析工具相结合,帮助您在我们 12 个全球市场中的几乎所有金融工具上找到可操作的见解,从而帮助您优化交易策略。

推荐给您的朋友

向您的朋友推荐Monex并赠予他们免费使用我们交易工具的机会

我们尊重您的隐私,只会向您的朋友发送一封邮件 

与您的朋友分享

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!