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Return of Risk Appetite Into European Equities: Nandra

Return of Risk Appetite Into European Equities: Nandra

Yahooa day ago

"I think we are seeing a return of risk appetite back into European equities that's over that kind of medium-to-long-term," Jupiter Asset Management Equities Head Kiran Nandra tells Bloomberg Television. She also comments on the oil market in the current geopolitical climate, as tensions between Iran and Israel continue. "We'd be looking at companies which have those much more resilient supply chains that kind of deal with the kind of higher oil prices."

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Highest-paying jobs in Germany: Official data and job postings reveal top salaries
Highest-paying jobs in Germany: Official data and job postings reveal top salaries

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time34 minutes ago

  • Yahoo

Highest-paying jobs in Germany: Official data and job postings reveal top salaries

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Pilots have the highest median annual gross earnings in Germany, with salaries varying based on experience and specific roles. Those in highly complex aviation roles earn a median salary of €342,072, and an average of around €337,152. Flying instructors in complex roles have a median annual salary of €281,592, ranking them second in terms of median earnings. Among the top 50 highest-paying jobs, four additional aviation roles are also featured: air traffic surveillance and control (complex) at €147,996 (5th), airline and aircraft pilots (complex) at €139,524 (6th), aircraft pilots at €122,484 (12th), and technical air traffic control (complex) at €109,188 (20th). Healthcare occupations dominate the list of highest-paying jobs in Germany, with 11 roles included in the top 50. At the top of the list are managers in human medicine and dentistry, earning a substantial €165,576 annually and ranking third overall. 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This FTSE 250 stock has a PEGY ratio of just 0.62, but there are some reasons to be cautious
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timean hour ago

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This FTSE 250 stock has a PEGY ratio of just 0.62, but there are some reasons to be cautious

Lion Finance Group (LSE:BGEO), formerly Bank of Georgia, is a FTSE 250-listed banking group. Many investors will know it because of the phenomenal growth it's achieved in recent years. It may even be realistic to assume this Tbilisi-based bank could be on the FTSE 100 in a few years. Let's take a closer look at this stock. Banks typically reflect the health of the economies they serve, hence why they're typically cyclical in nature. The Georgian economy's been one of the fastest growing in Europe since the pandemic and the stock's surged from lows when Russia invaded Ukraine. While investors were, at first, concerned Georgia may be drawn into the conflict, the country's neutrality has positioned the economy well. The forecasts, while noting a dip in earnings in 2025, suggest a strong onward trajectory. Over the three years from 2024 to 2027, the annualised earnings per share (EPS) growth rate's about 3.5%, reflecting both the temporary setback and the recovery that follows. For investors, it's helpful to look at the dividend adjusted price-to-earnings-to-growth-yield (PEGY) ratio. This compares the company's valuation to its expected growth and dividend yield. Lion Finance's forward price-to-earnings (P/E) ratio for 2025 is 4.94. When this is divided by the combined annualised EPS growth rate (3.5%) and the dividend yield (4.5%), the PEGY ratio is 0.62. A PEGY below one suggests that, even after accounting for the slower growth in 2025, the shares offer good value relative to their growth and income potential. This means that, for investors seeking both capital appreciation and dividend income, Lion Finance Group could be an interesting long-term opportunity. I sold my shares in Lion Finance Group after a good run, but I was concerned about geopolitics. For starters, banks, like other stocks, typically have valuations linked to the countries and sectors they serve. US banks are typically the most expensive given the long-term outperformance of the US economy. British banks, now resurgent, are less expensive than their American counterparts, but more expensive than their emerging market peers. As such, we shouldn't be overly surprised to see this Georgian bank trading at almost a 50% valuation discount to British counterparts. Georgia, even before the recent turmoil, doesn't offer the relative safety and security of the UK — in investment terms. What's more, Georgia has experienced ongoing protests over the past nine months following a hotly contested election. And this is important because as investors we want stability. Businesses, especially banks, perform better when economies look stable. A perfect example is the UK with the country's fortunes improving over the past two-and-a-half years and the valuation of banking stocks surging. In other words, Lion Finance may be cheap for a reason. But that doesn't mean it's not worth considering. The post This FTSE 250 stock has a PEGY ratio of just 0.62, but there are some reasons to be cautious appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool James Fox has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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