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MYG

Mayfield Group HoldingsASX:MYG Stock Report

Market Cap

AU$35.9m

7D

-6.7%

1Y

n/a

Updated

18 Oct, 2021

Data

Company Financials
MYG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

MYG Overview

Mayfield Group Holdings Limited, together with its subsidiaries, provides electrical and telecommunications infrastructure products and services in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Mayfield Group Holdings
Historical stock prices
Current Share PriceAU$0.42
52 Week HighAU$0.38
52 Week LowAU$0.70
Beta0
1 Month Change-9.68%
3 Month Change9.09%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-16.00%

Recent News & Updates

Shareholder Returns

MYGAU ElectricalAU Market
7D-6.7%5.3%1.7%
1Yn/a14.0%20.3%

Return vs Industry: Insufficient data to determine how MYG performed against the Australian Electrical industry.

Return vs Market: Insufficient data to determine how MYG performed against the Australian Market.

Price Volatility

Is MYG's price volatile compared to industry and market?
MYG volatility
MYG Beta0
Industry Beta1.01
Market Beta1

Stable Share Price: MYG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: MYG's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1936n/aJonathan Hobbshttps://mayfieldgroup.com.au

Mayfield Group Holdings Limited, together with its subsidiaries, provides electrical and telecommunications infrastructure products and services in Australia. The company manufactures switchboards, transportable switch rooms, and electrical protection panels. It also engages in the project management, construction, testing, commissioning, and maintenance of electrical infrastructure.

Mayfield Group Holdings Fundamentals Summary

How do Mayfield Group Holdings's earnings and revenue compare to its market cap?
MYG fundamental statistics
Market CapAU$35.94m
Earnings (TTM)AU$764.74k
Revenue (TTM)AU$60.79m

47.0x

P/E Ratio

0.6x

P/S Ratio

Valuation

Is Mayfield Group Holdings undervalued compared to its fair value and its price relative to the market?

47.03x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MYG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MYG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MYG is poor value based on its PE Ratio (47x) compared to the Australian Electrical industry average (15.9x).

PE vs Market: MYG is poor value based on its PE Ratio (47x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MYG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MYG is good value based on its PB Ratio (2x) compared to the AU Electrical industry average (2.6x).


Future Growth

How is Mayfield Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.3%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mayfield Group Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Mayfield Group Holdings performed over the past 5 years?

23.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MYG has a high level of non-cash earnings.

Growing Profit Margin: MYG's current net profit margins (1.3%) are lower than last year (4%).


Past Earnings Growth Analysis

Earnings Trend: MYG's earnings have grown significantly by 23.6% per year over the past 5 years.

Accelerating Growth: MYG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MYG had negative earnings growth (-68.5%) over the past year, making it difficult to compare to the Electrical industry average (32.5%).


Return on Equity

High ROE: MYG's Return on Equity (4.4%) is considered low.


Financial Health

How is Mayfield Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: MYG's short term assets (A$25.6M) exceed its short term liabilities (A$16.7M).

Long Term Liabilities: MYG's short term assets (A$25.6M) exceed its long term liabilities (A$6.9M).


Debt to Equity History and Analysis

Debt Level: MYG's debt to equity ratio (35.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if MYG's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: MYG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if MYG's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Mayfield Group Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MYG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MYG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MYG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MYG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MYG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average board tenure


CEO

Jonathan Hobbs

2.75yrs

Tenure

Mr. Jon Bambury Hobbs serves as Director at Mayfield Group Holdings Limited (“Mayfield”) (formerly known as Stream Group Limited) since November 18, 2020. Mr. Hobbs joined Mayfield Group Investments in 201...


Board Members

Experienced Board: MYG's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: MYG only recently listed within the past 12 months.


Top Shareholders

Company Information

Mayfield Group Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Mayfield Group Holdings Limited
  • Ticker: MYG
  • Exchange: ASX
  • Founded: 1936
  • Industry: Heavy Electrical Equipment
  • Sector: Capital Goods
  • Market Cap: AU$35.941m
  • Shares outstanding: 85.57m
  • Website: https://mayfieldgroup.com.au

Location

  • Mayfield Group Holdings Limited
  • 3 Gidgie Court
  • Edinburgh
  • South Australia
  • 5111
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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 here.