Olympia Financial Group Inc.
Canada’s Premier Administrator of Registered Plans for Alternative Investments – Initiating Coverage
Published: 11/28/2023
Author: Sid Rajeev, B.Tech, CFA, MBA
Sector: Financial Services | Industry: Asset Management
| Metrics | Value |
|---|---|
| Current Price | US $90.49 |
| Fair Value | US $106.48 |
| Risk | 3 |
| 52 Week Range | US $65-99 |
| Shares O/S (M) | 2.41 |
| Market Cap. (M) | US $218 |
| Current Yield (%) | 8.0 |
| P/E (forward) | 9.6x |
| P/B | 6.6x |
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Report Highlights
Highlights
Olympia Financial Group (OLY), through its wholly-owned subsidiary Olympia Trust Company, is Canada's premier trustee/custodian/administrator of self-directed registered investment accounts (such as RRSP/TFSA) for alternative assets. OLY primarily serves investors interested in mortgages, and equity/debt instruments of private issuers. Its platform focuses solely on providing investment account services, and refrains from managing capital or offering financial advice.
Through organic growth and acquisitions, OLY has captured 90%+ of the market, administering 132k+ accounts, totaling $11B by the end of Q3-2023. The company charges $
