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Posted by
Two Blokes Apr 19 -
Filed in
Stock
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Topicus, the Europe-based VMS serial acquirer, has shown strong performance with a 27% gain since December and 58% since initial coverage. FY24 saw a 15% revenue increase and 44% free cash flow growth, with Q4 acquisitions setting up a potentially record-breaking Q1. Topicus' ROIC of 11.58% exceeds its 9.43% WACC, indicating strong economic value creation and justifying its premium valuation.