Risk factor
Low price volatility
Profitability factor
Greatly overvalued vs peers
About
Impax Environmental Markets plc functions as a closed-end investment vehicle, focusing on equities and managed by Impax Asset Management (AIFM) Limited. This fund allocates capital globally to publicly traded companies across all market capitalizations, specifically targeting growth-oriented businesses. Its investment strategy concentrates on the environmental sector, identifying firms that create, deploy, implement, or offer consultancy services related to technology-driven solutions, products, or systems. Key areas of interest include renewable energy, energy conservation, water purification, pollution mitigation, and the management of waste and resources. The portfolio is constructed using a fundamental analysis approach. The fund measures its performance against the MSCI AC World Index and the FTSE ET100 Index. Impax Environmental Markets plc was established in the United Kingdom on February 22, 2002.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is overpriced on P/FCF.