McMillan Shakespeare Limited provides salary packaging, novated leasing, disability plan management, asset management, and related financial products and services in Australia, the United Kingdom, and New Zealand. More Details
Excellent balance sheet with high growth potential.
Share Price & News
How has McMillan Shakespeare's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MMS is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MMS's weekly volatility (4%) has been stable over the past year.
7 Day Return
AU Professional Services
1 Year Return
AU Professional Services
Return vs Industry: MMS exceeded the Australian Professional Services industry which returned 35.2% over the past year.
Return vs Market: MMS exceeded the Australian Market which returned 27.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is McMillan Shakespeare's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHow Much Did McMillan Shakespeare's(ASX:MMS) Shareholders Earn From Share Price Movements Over The Last Three Years?
2 months ago | Simply Wall StWhat Kind Of Investors Own Most Of McMillan Shakespeare Limited (ASX:MMS)?
4 months ago | Simply Wall StIs McMillan Shakespeare (ASX:MMS) Using Too Much Debt?
Is McMillan Shakespeare undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MMS (A$12.53) is trading below our estimate of fair value (A$155.54)
Significantly Below Fair Value: MMS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MMS is unprofitable, so we can't compare its PE Ratio to the Australian Professional Services industry average.
PE vs Market: MMS is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MMS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MMS's PB Ratio (3.8x) is in line with the AU Professional Services industry average.
How is McMillan Shakespeare forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MMS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: MMS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MMS's is expected to become profitable in the next 3 years.
Revenue vs Market: MMS's revenue (5.8% per year) is forecast to grow faster than the Australian market (5% per year).
High Growth Revenue: MMS's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MMS's Return on Equity is forecast to be high in 3 years time (31.6%)
How has McMillan Shakespeare performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MMS is currently unprofitable.
Growing Profit Margin: MMS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MMS is unprofitable, and losses have increased over the past 5 years at a rate of 26.3% per year.
Accelerating Growth: Unable to compare MMS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MMS is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (1.2%).
Return on Equity
High ROE: MMS has a negative Return on Equity (-2.54%), as it is currently unprofitable.
How is McMillan Shakespeare's financial position?
Financial Position Analysis
Short Term Liabilities: MMS's short term assets (A$272.6M) exceed its short term liabilities (A$176.3M).
Long Term Liabilities: MMS's short term assets (A$272.6M) exceed its long term liabilities (A$202.2M).
Debt to Equity History and Analysis
Debt Level: MMS's debt to equity ratio (70.9%) is considered high.
Reducing Debt: MMS's debt to equity ratio has reduced from 95.6% to 70.9% over the past 5 years.
Debt Coverage: MMS's debt is well covered by operating cash flow (147.2%).
Interest Coverage: MMS's interest payments on its debt are well covered by EBIT (12.9x coverage).
What is McMillan Shakespeare current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MMS's dividend (4.82%) is higher than the bottom 25% of dividend payers in the Australian market (1.95%).
High Dividend: MMS's dividend (4.82%) is low compared to the top 25% of dividend payers in the Australian market (4.99%).
Stability and Growth of Payments
Stable Dividend: MMS's dividend payments have been volatile in the past 10 years.
Growing Dividend: MMS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: MMS is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: MMS's dividends in 3 years are forecast to be covered by earnings (59.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Michael Neil Salisbury, also known as Mike, MBA, is Group Chief Executive Officer of McMillan Shakespeare Limited. He was Chief Executive Officer of McMillan Shakespeare Limited since October 1, 2014 a...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD609.82K) is below average for companies of similar size in the Australian market ($USD887.96K).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
Experienced Management: MMS's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Experienced Board: MMS's board of directors are considered experienced (4.5 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
McMillan Shakespeare Limited's company bio, employee growth, exchange listings and data sources
- Name: McMillan Shakespeare Limited
- Ticker: MMS
- Exchange: ASX
- Founded: 1988
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: AU$969.585m
- Shares outstanding: 77.38m
- Website: https://www.mmsg.com.au
Number of Employees
- McMillan Shakespeare Limited
- 360 Elizabeth Street
- Level 21
McMillan Shakespeare Limited provides salary packaging, novated leasing, disability plan management, asset management, and related financial products and services in Australia, the United Kingdom, and New ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/03 15:36|
|End of Day Share Price||2021/08/03 00:00|
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.