Professional Services

kpg

KPG: Accounting Consolidator - Partners in Crime, Profits in Time

Updated 8 Oct 2025

Fair value $12.17 vs current $11.15 implies 9.1% upside. Wide moat professional services consolidator with 80+ acquisitions, 30.7% EBITDA margins, international expansion optionality.

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iph

IPH: IP Services Leader - Patent Recovery Play with Network Effects

Updated 8 Oct 2025

IPH trades at $4.78 vs fair value $9.29 (94% upside). Market leader with 29.3% Australian share, CIPO recovery catalyst, 32% EBITDA margin target.

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