MYS Stock Overview

Through its subsidiaries, provides banking, trustee, and managed fund products and services in Australia. More details

MYS fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 3.4% below our estimate of its fair value

Earnings are forecast to grow 18.3% per year

Risk Analysis

Unstable dividend track record

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MyState Limited Competitors

Auswide Bank

ASX:ABA

AU$264.7m

Bank of Queensland

ASX:BOQ

AU$4.4b

Bendigo and Adelaide Bank

ASX:BEN

AU$6.2b

Kina Securities

ASX:KSL

AU$334.0m

Price History & Performance

Summary of share price highs, lows and changes for MyState
Historical stock prices
Current Share Price	AU$4.16
52 Week High	AU$4.74
52 Week Low	AU$3.15
Beta	0.94
1 Month Change	-5.88%
3 Month Change	2.21%
1 Year Change	21.99%
3 Year Change	-14.05%
5 Year Change	-28.89%
Change since IPO	38.67%

MyState's (ASX:MYS) Shareholders Will Receive A Smaller Dividend Than Last Year

Feb 20

Recent updates

MyState Limited (ASX:MYS) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$5.20

Feb 20

How Much Is MyState Limited (ASX:MYS) Paying Its CEO?

Jan 18

Did You Participate In Any Of MyState's (ASX:MYS) Respectable 46% Return?

Nov 26

Shareholder Returns

	MYS	AU Banks	AU Market
7D	-9.8%	-8.8%	-2.5%
1Y	22.0%	20.5%	7.5%

Return vs Industry: MYS exceeded the Australian Banks industry which returned 20.5% over the past year.

Return vs Market: MYS exceeded the Australian Market which returned 7.5% over the past year.

Price Volatility

Is MYS's price volatile compared to industry and market?
MYS volatility
MYS Average Weekly Movement	3.7%
Banks Industry Average Movement	3.7%
Market Average Movement	7.9%
10% most volatile stocks in AU Market	16.3%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: MYS has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: MYS's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2008	n/a	Brett Morgan	www.mystatelimited.com.au

MyState Limited, through its subsidiaries, provides banking, trustee, and managed fund products and services in Australia. It operates through Banking and Wealth Management segments. The company offers fixed term deposits and saving products; home loans, overdraft, line of credit, commercial products and lending, personal and business lending, transactional, internet banking, insurance, business banking, agribusiness, and other alliances services.

MyState Limited Fundamentals Summary

How do MyState's earnings and revenue compare to its market cap?
MYS fundamental statistics
Market cap	AU$462.63m
Earnings (TTM)	AU$33.73m
Revenue (TTM)	AU$154.11m

13.7x

P/E Ratio

1.0x

P/B Ratio

Is MYS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MYS income statement (TTM)
Revenue	AU$154.11m
Cost of Revenue	AU$0
Gross Profit	AU$154.11m
Other Expenses	AU$120.37m
Earnings	AU$33.73m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Aug 21, 2025

Earnings per share (EPS)	0.30
Gross Margin	100.00%
Net Profit Margin	21.89%
Debt/Equity Ratio	470.3%

How did MYS perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

72%

Payout Ratio

Does MYS pay a reliable dividends?

See MYS dividend history and benchmarks

When do you need to buy MYS by to receive an upcoming dividend?
MyState dividend dates
Ex Dividend Date	Mar 04 2025
Dividend Pay Date	Mar 21 2025
Days until Ex dividend	10 days
Days until Dividend pay date	27 days

Does MYS pay a reliable dividends?

See MYS dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/21 16:45
End of Day Share Price	2025/02/21 00:00
Earnings	2024/12/31
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MyState Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ian Munro	CCZ Equities Pty Limited
Brendan Carrig	Macquarie Research
Nathan Zaia	Morningstar Inc.

MYS Stock Overview

Rewards

Risk Analysis

MyState Limited Competitors

ASX:ABA

AU$264.7m

ASX:BOQ

AU$4.4b

ASX:BEN

AU$6.2b

ASX:KSL

AU$334.0m

Price History & Performance

Recent News & Updates

MyState's (ASX:MYS) Shareholders Will Receive A Smaller Dividend Than Last Year

First half dividend reduced to AU$0.10

First half 2025 earnings released: EPS: AU$0.14 (vs AU$0.16 in 1H 2024)

MyState Limited Announces Ordinary Dividend for the Six Months Ended December 31, 2024, Payable on March 21, 2025

Insufficient new directors

MyState Limited to Report First Half, 2025 Results on Feb 19, 2025

Recent updates

MyState's (ASX:MYS) Shareholders Will Receive A Smaller Dividend Than Last Year

First half dividend reduced to AU$0.10

First half 2025 earnings released: EPS: AU$0.14 (vs AU$0.16 in 1H 2024)

MyState Limited Announces Ordinary Dividend for the Six Months Ended December 31, 2024, Payable on March 21, 2025

Insufficient new directors

MyState Limited to Report First Half, 2025 Results on Feb 19, 2025

Consensus revenue estimates increase by 13%

MyState's (ASX:MYS) Dividend Will Be A$0.115

MyState Limited (ASX:MYS) entered into Binding Scheme Implementation Agreement to acquire Auswide Bank Ltd (ASX:ABA) for approximately AUD 200 million in a Merger of equals transaction.

Final dividend of AU$0.12 announced

Full year 2024 earnings: EPS misses analyst expectations

Insufficient new directors

Price target decreased by 13% to AU$4.38

First half dividend of AU$0.12 announced

First half 2024 earnings released: EPS: AU$0.16 (vs AU$0.19 in 1H 2023)

MyState Limited to Report First Half, 2024 Results on Feb 23, 2024

MyState Limited Revises Earnings Guidance for the Fiscal Year 2024

MyState Limited Declares Fully Franked Final Dividend for the Year 2023, Payable on 19 September 2023

Full year 2023 earnings: Revenues miss analyst expectations

Now 20% undervalued

Now 20% undervalued after recent price drop

First half 2023 earnings released: EPS: AU$0.19 (vs AU$0.16 in 1H 2022)

MyState Limited, Annual General Meeting, Oct 19, 2023

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

Full year 2022 earnings: EPS and revenues miss analyst expectations

MyState Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2022, Payable on September 7, 2022

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Consensus EPS estimates fall by 16%

MyState (ASX:MYS) Has Re-Affirmed Its Dividend Of AU$0.13

First half 2022 earnings: EPS and revenues miss analyst expectations

MyState Limited Declares Ordinary Dividend for the Six Months Ended December 31, 2021, Payable on March 15, 2022

MyState Limited to Report First Half, 2022 Results on Feb 18, 2022

We Think The Compensation For MyState Limited's (ASX:MYS) CEO Looks About Right

Key Executive recently bought AU$63k worth of stock

Full year 2021 earnings released: EPS AU$0.39 (vs AU$0.33 in FY 2020)

MyState Limited has completed a Follow-on Equity Offering in the amount of AUD 80 million.

New 90-day low: AU$4.88

MyState Limited (ASX:MYS) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$5.20

First half 2021 earnings released: EPS AU$0.18 (vs AU$0.17 in 1H 2020)

Earnings beat expectations, revenue disappoints

MyState Limited, Annual General Meeting, Oct 20, 2021

New 90-day high: AU$5.40

How Much Is MyState Limited (ASX:MYS) Paying Its CEO?

Did You Participate In Any Of MyState's (ASX:MYS) Respectable 46% Return?

Price target raised to AU$5.28

New 90-day high: AU$4.69

Key Executive recently bought AU$80k worth of stock

New 90-day high: AU$4.08

Mystate Ltd. to Report Fiscal Year 2010 Results on 08/24/2010

New 90-day low - AU$3.65

Fiducian Group Limited (ASX:FID) completed the acquisition of the Retail Financial Planning Business from MyState Limited (ASX: MYS).

Full year earnings released - EPS AU$0.33

MyState Limited Resolves Not to Pay Final Dividend

Shareholder Returns

Price Volatility

About the Company

MyState Limited Fundamentals Summary