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Developed Pacific Equities

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All research on Developed Pacific Equities →
Modeled fair value
EWA · Australia Broad Market
-0.7Somewhat expensive
406080100120140160FAIRMARKET
P10–P90P25–P75Median fair valueToday's market price = 100

Today’s price sits at the 60.9th percentile of modeled fair value — 39% of modeled scenarios put fair value above the market.

Median fair value
97.1
index, market = 100
Upside to median
-2.9%
Last close
$28.43
2026-09-25
Confidence
moderate
64/100
Modeled returns

Return distributions, not point forecasts

Percentiles describe the spread of scenario outcomes under the stated method. The width of the range carries as much information as the midpoint.

One year

modeled
P90
+20.0%
P75
+13.5%
Median
+5.5%
P25
-3.0%
P10
-14.0%

60% of modeled scenarios end positive.

High regional dividend yield plus low-single-digit earnings growth, less a distribution of multiple outcomes from an 18.7x Australian forward starting point that sits above the global index.

Three years, annualised

modeled
P90
+11.5%
P75
+8.5%
Median
+5.0%
P25
+1.5%
P10
-3.0%

Three-year country-weighted earnings projection with partial multiple normalisation toward the global index and reinvested dividends.

Against the Treasury hurdle

1y Treasury
4.50%
Expected excess
+1.0%
Basis
proxy

A modelled one-point edge over the 1-year Treasury against a 34-point return spread; on this evidence the Treasury offers a competitive return with materially lower uncertainty.

Instruments

3 in this asset class

SymbolValuationFair valueLast close1y modeled
EWA
Australia Broad Market
-0.7Somewhat expensive97.1$28.43+5.0%
EWS
Singapore Broad Market
+1.2Somewhat cheap106.0$33.53+8.0%
ENZL
New Zealand Broad Market
-1.5Expensive93.0$45.44+3.5%