Fat Pitch value - Emerging market finance, PE 3.5
Asa International is a company I found when I did the UK small caps A-Z, with a market cap of 95 million GBP
It trades at a PE ratio of 3.6, is growing and is set to pay a 10% dividend at current prices.
Business
The company works in emerging and frontier markets. It borrows mostly to local institutions then issues micro credit to customers.
The returns are…
Keep reading with a 7-day free trial
Subscribe to Emerging Value to keep reading this post and get 7 days of free access to the full post archives.