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MFD

Mayfield ChildcareASX:MFD Stock Report

Market Cap

AU$34.7m

7D

-10.9%

1Y

17.8%

Updated

01 Dec, 2021

Data

Company Financials +
MFD fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance5/6
Financial Health4/6
Dividends2/6

MFD Stock Overview

Mayfield Childcare Limited provides long day childcare services in Victoria, Australia.

Mayfield Childcare Competitors

G8 Education

ASX:GEM

AU$894.0m

Price History & Performance

Summary of all time highs, changes and price drops for Mayfield Childcare
Historical stock prices
Current Share PriceAU$1.06
52 Week HighAU$1.42
52 Week LowAU$0.85
Beta1.09
1 Month Change-8.62%
3 Month Change-0.94%
1 Year Change17.78%
3 Year Change21.84%
5 Year Change6.00%
Change since IPO-7.83%

Recent News & Updates

Nov 30
What Does Mayfield Childcare Limited's (ASX:MFD) Share Price Indicate?

What Does Mayfield Childcare Limited's (ASX:MFD) Share Price Indicate?

While Mayfield Childcare Limited ( ASX:MFD ) might not be the most widely known stock at the moment, it saw significant...

May 25
We Think Mayfield Childcare (ASX:MFD) Can Stay On Top Of Its Debt

We Think Mayfield Childcare (ASX:MFD) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

May 04
Is There Now An Opportunity In Mayfield Childcare Limited (ASX:MFD)?

Is There Now An Opportunity In Mayfield Childcare Limited (ASX:MFD)?

Mayfield Childcare Limited ( ASX:MFD ), is not the largest company out there, but it saw a significant share price rise...

Shareholder Returns

MFDAU Consumer ServicesAU Market
7D-10.9%-6.0%-1.9%
1Y17.8%30.8%11.7%

Return vs Industry: MFD underperformed the Australian Consumer Services industry which returned 33.5% over the past year.

Return vs Market: MFD exceeded the Australian Market which returned 11.4% over the past year.

Price Volatility

Is MFD's price volatile compared to industry and market?
MFD volatility
MFD Average Weekly Movement4.5%
Consumer Services Industry Average Movement5.0%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.9%
10% least volatile stocks in AU Market3.6%

Stable Share Price: MFD is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

FoundedEmployeesCEOWebsite
2015n/aDean Clarkehttps://www.mayfieldchildcare.com.au

Mayfield Childcare Limited provides long day childcare services in Victoria, Australia. The company operates 20 long day childcare centers. Mayfield Childcare Limited was incorporated in 2015 and is based in Malvern East, Australia.

Mayfield Childcare Fundamentals Summary

How do Mayfield Childcare's earnings and revenue compare to its market cap?
MFD fundamental statistics
Market CapAU$34.69m
Earnings (TTM)AU$4.45m
Revenue (TTM)AU$38.55m

7.7x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MFD income statement (TTM)
RevenueAU$38.55m
Cost of RevenueAU$0
Gross ProfitAU$38.55m
ExpensesAU$34.10m
EarningsAU$4.45m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin100.00%
Net Profit Margin11.54%
Debt/Equity Ratio29.9%

How did MFD perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

32%

Payout Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MFD (A$1.07) is trading below our estimate of fair value (A$3)

Significantly Below Fair Value: MFD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MFD is good value based on its PE Ratio (7.8x) compared to the Australian Consumer Services industry average (29.6x).

PE vs Market: MFD is good value based on its PE Ratio (7.8x) compared to the Australian market (18.7x).


Price to Earnings Growth Ratio

PEG Ratio: MFD is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: MFD is good value based on its PB Ratio (1.1x) compared to the AU Consumer Services industry average (2.4x).


Future Growth

How is Mayfield Childcare forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

9.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MFD's forecast earnings growth (9.8% per year) is above the savings rate (1.9%).

Earnings vs Market: MFD's earnings (9.8% per year) are forecast to grow slower than the Australian market (11.8% per year).

High Growth Earnings: MFD's earnings are forecast to grow, but not significantly.

Revenue vs Market: MFD's revenue (11.5% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: MFD's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MFD's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Mayfield Childcare performed over the past 5 years?

22.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MFD has high quality earnings.

Growing Profit Margin: MFD's current net profit margins (11.5%) are higher than last year (8.1%).


Past Earnings Growth Analysis

Earnings Trend: MFD has become profitable over the past 5 years, growing earnings by 22.1% per year.

Accelerating Growth: MFD's earnings growth over the past year (50.5%) exceeds its 5-year average (22.1% per year).

Earnings vs Industry: MFD earnings growth over the past year (50.5%) exceeded the Consumer Services industry 35.9%.


Return on Equity

High ROE: MFD's Return on Equity (14.4%) is considered low.


Financial Health

How is Mayfield Childcare's financial position?


Financial Position Analysis

Short Term Liabilities: MFD's short term assets (A$2.6M) do not cover its short term liabilities (A$8.7M).

Long Term Liabilities: MFD's short term assets (A$2.6M) do not cover its long term liabilities (A$31.9M).


Debt to Equity History and Analysis

Debt Level: MFD's net debt to equity ratio (24.5%) is considered satisfactory.

Reducing Debt: MFD's debt to equity ratio has reduced from 36% to 29.9% over the past 5 years.

Debt Coverage: MFD's debt is well covered by operating cash flow (116.5%).

Interest Coverage: MFD's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


Dividend

What is Mayfield Childcare current dividend yield, its reliability and sustainability?

4.66%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MFD's dividend (4.62%) is higher than the bottom 25% of dividend payers in the Australian market (2.33%).

High Dividend: MFD's dividend (4.62%) is low compared to the top 25% of dividend payers in the Australian market (5.64%).


Stability and Growth of Payments

Stable Dividend: MFD has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: MFD has only been paying a dividend for 4 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.2%), MFD's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

5.0yrs

Average management tenure


CEO

Dean Clarke

5yrs

Tenure

AU$207,618

Compensation

Mr. Dean Clarke serves as Chief Executive Officer of Mayfield Childcare Limited since November 28, 2016 and has been its Director since March 16, 2016. Since 2005, Mr. Clarke has overseen the identificatio...


CEO Compensation Analysis

Compensation vs Market: Dean's total compensation ($USD147.78K) is below average for companies of similar size in the Australian market ($USD290.58K).

Compensation vs Earnings: Dean's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MFD's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: MFD's board of directors are considered experienced (5.3 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Mayfield Childcare Limited
  • Ticker: MFD
  • Exchange: ASX
  • Founded: 2015
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Market Cap: AU$34.688m
  • Shares outstanding: 32.42m
  • Website: https://www.mayfieldchildcare.com.au

Number of Employees


Location

  • Mayfield Childcare Limited
  • 207-213 Waverley Road
  • Suite 2
  • Malvern East
  • Victoria
  • 3145
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/01 07:02
End of Day Share Price2021/12/01 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.