Invesco (IVZ) Stock Looks Below Fair Value But Above Fair Value On Sales

Invesco stock has logged a very strong 3 year gain while the valuation checks send a mixed signal. The Excess Returns intrinsic value estimate points to upside relative to the current price, while market based multiples suggest the shares are not cheap. Invesco is up 143.1% over 3 years, which puts extra focus on whether the current share price still leaves room for further value creation. Growth in the ETF franchise, including the S&P 500 Equal Weight ETF reaching US$100b in assets, can...