L1 Long Short Fund (LSF) Stock Price, Fundamentals & Analysis

What LSF does

L1 Long Short Fund (LSF) is a stock listed on the ASX that operates as an equity fund managed by L1 Capital Pty Ltd. It invests predominantly in Australian and New Zealand securities, using a long and short strategy to try to generate returns in both rising and falling markets. The fund follows a bottom-up approach, meaning it selects individual securities based on their specific characteristics rather than broad market trends. It was formed in September 2014 and is domiciled in Australia.

Key numbers explained

• 4.73 AUD: The current share price, which is the last traded price on the ASX.
• -0.42%: The price change today, showing the percentage movement from the previous close.
• 3.01 mld. AUD: The market capitalisation, representing the total value of all outstanding shares.
• 4.7: The trailing P/E ratio, which divides the current share price by the trailing 12-month earnings per share. A lower P/E can suggest the stock is priced more conservatively relative to its earnings.
• 4.46%: The dividend yield, which shows the annual dividend as a percentage of the current share price.
• 17%: The share of earnings paid out as dividends, indicating the portion of profit returned to shareholders.
• 0.5: The beta, which measures the stock's volatility compared to the overall market. A beta below 1 suggests it is less volatile than the market.
• 41.6%: The price change over the last 52 weeks, showing the total return from one year ago to the current price.

What to watch

• Market and sector conditions: As a Financial Services stock in the Asset Management industry, LSF can be influenced by changes in investment flows, market sentiment, and regulatory developments.
• Long and short strategy: The fund's dual approach means its performance depends on both the quality of its long positions and its ability to manage short positions effectively.
• Dividend policy: The ex-dividend date of 1 September 2026 is a key date for investors seeking income, with the 17% payout ratio showing a conservative distribution approach.
• Peer comparison: Investors often compare LSF with other Australian financial services stocks like Bank of Queensland (BOQ), Steadfast Group (SDF), and MFF Capital Investments (MFF) to understand relative valuation and performance.