Encore Capital Group, Inc. (ECPG) in Third Avenue Small Cap Value Fund Q3 2024

Debt Recovery Specialist with Global Reach

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Apr 14, 2025
Summary
  • Investment rationale based on global presence and expertise in debt recovery.
  • Strong market positioning in the consumer debt recovery industry.
  • Risks include regulatory scrutiny and economic downturns.
  • Recent performance reflects effective cost management and strategic acquisitions.
  • Future outlook is positive with plans for geographic expansion and technology integration.

Encore Capital Group, Inc. (ECPG, Financial) was highlighted in the Third Avenue Small Cap Value Fund's Q3 2024 commentary as a significant holding, reflecting its global reach and expertise in the debt recovery industry. The fund's management team, led by the Third Avenue Small Cap Value Team, emphasized Encore Capital's effective cost management and strategic acquisitions as key drivers of its investment thesis.

"Encore Capital's global presence and expertise in debt recovery make it a compelling investment in the small-cap value space." — Third Avenue Small Cap Value Team, Third Avenue Small Cap Value Fund Q3 2024 Commentary

Read full letter at gurufocus third avenue small cap value fund q3 2024 commentary 2024 Q3 page.