L1 Global Long Short Fund Limited (GLS) Fair Value & Analysis
Financial Services · AU · Market cap A$988M
Fair value as of: Jun 26, 2026
From 15 valuation models · updated 7 days ago
Share price +14.3% over the past month.
Price vs Fair Value (12 months)
12‑month range A$1.21 – A$1.96 · fair‑value band A$0.2300 – A$0.3800 · the A$1.95 price screens above the A$0.3000 fair value. As of Jun 26, 2026.
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L1 Global Long Short Fund Limited (GLS) currently trades at A$1.95, while our model-based Fair Value estimate is A$0.3000 — implying the stock looks roughly 84.6% overvalued today. We read business quality at 69/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).
Over the trailing twelve months, L1 Global Long Short Fund Limited generated revenue of A$97.2M at a net margin of 60.8%. It earns a return on equity of 8.8%. The balance sheet holds a net cash position of A$41.7M. The stock trades on a trailing P/E of 60.2. Fundamentals as of Jun 26, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.
About the company
L1 Global Long Short Fund Limited is a closed-ended equity mutual fund launched and managed by L1 Capital Pty. Limited. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies. The fund employs fundamental analysis with a bottom up approach to create its portfolio. It benchmarks the performance of its portfolio against the MSCI All Country World Net Index. L1 Global Long Short Fund Limited was founded on June 29, 1994 and is domiciled in Australia.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
L1 Global Long Short Fund Limited reported revenue of A$20.9M in FY2025 versus A$103M in FY2021, a compound −33.0%/yr. Reported net income was A$9.7M in FY2025, compounding −38.6%/yr from FY2021.
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.