the FTSE 100 It has increased by 6.5 % since the beginning of the year, which represents a challenge for valuable investors looking for shares for purchase. But I think there are still opportunities.

One stands out to me information (LSE: Inf). I think it looks cheap at the present time, and for this reason the stock list that I aspire to buy the next time I have money.

Agents deceptive

Informa business includes commercial exhibitions management and conferences. It is easy to reduce the importance of these events, but they are very important in their industries.

The recession, commercial wars, or even epidemics are among the biggest challenges for the company. These caused the decrease in profits in the past (although the company tends to recover strongly).

At first glance, Informa does not seem much of the chance of investing. It is traded at a price rate (P/E) of 36 and achieves returns on property rights by 4.5 %.

None of these investment resembles clear value. But I believe that both are misleading and reveal a more attractive proposal.

Return on stocks

Informa has been a great acquisition over the past ten years, which means that its public budget has a lot of good intentions. This distorts the company’s return to property rights.

Goodwill is an accounting concept used to distinguish the difference between the amount that the company pays for another company and the net value of its assets. But it is not like other origins.

Unlike things like equipment or buildings – to be preserved – goodwill does not have continuous costs. As a result, investors may put them aside when calculating the returns on shares.

Focusing on the fixed Informa assets, its net income represents an annual return of more than 100 %. This is similar to it, from the perspective of investment.

Profits

The history of Informa in the purchase of other companies also weighs its net income. Officially, she has some important firefighting costs associated with the unfinished assets she gained.

These, however, are not cash expenditures. As a result, this company puts aside in the modified profit numbers account, which it believes provides investors a better vision of the company.

The difference between these modified numbers and the formal information in Informa is very exciting. For 2024, the profits of the amending company per share almost double its legal profits.

On this basis, the stock is already traded at the P/E about 18, which is almost in line with the average FTSE 100. I think this is a very attractive assessment.

I buy

Informa is not a familiar name and does not immediately jump a cup of less than its value. But a closer look at the company reveals what I think is an attractive investment opportunity.

In the end, the company has some very attractive economic characteristics, and I think stocks are much cheaper than what appears to be. For this reason, I look forward to buying it in Asa and ISA shares.