Computershare Limited (ASX: CPU) held its 2019 investor day presentation session today and reaffirmed guidance for what it calls "management earnings per share" to come in 12.5% higher over FY 2019 on a constant currency basis.
The share registry services business also took the opportunity to flag that it has several new growth areas in US mortgage services, employee share plan services, and issuer services to build out on.
As a digital or tech-based business Computershare arguably has the best long-term growth record on the Australian share market and is actually up more than 16,000% since listing as a public company over 20 years ago.
It also boasts a return on equity close to 30% and consistent track record of dividend growth since the GFC in 2009.
In theory it is also a beneficiary of rising money market rates in the U.S. as a lot of the cash-like investments it holds on its balance sheet should generate stronger returns as these rates rise.
