Mainstream Group Holdings Limited provides fund administration services for the financial services industry in the Asia Pacific, Americas, and Europe. More Details
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Mainstream Group Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MAI's share price has been volatile over the past 3 months.
7 Day Return
AU Capital Markets
1 Year Return
AU Capital Markets
Return vs Industry: MAI exceeded the Australian Capital Markets industry which returned -3% over the past year.
Return vs Market: MAI exceeded the Australian Market which returned -8.9% over the past year.
Price Volatility Vs. Market
How volatile is Mainstream Group Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Can We Learn About Mainstream Group Holdings' (ASX:MAI) CEO Compensation?
2 months ago | Simply Wall StDid Mainstream Group Holdings' (ASX:MAI) Share Price Deserve to Gain 44%?
4 months ago | Simply Wall StAre Insiders Buying Mainstream Group Holdings Limited (ASX:MAI) Stock?
Is Mainstream Group Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MAI (A$0.95) is trading above our estimate of fair value (A$0.04)
Significantly Below Fair Value: MAI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MAI is poor value based on its PE Ratio (228.3x) compared to the AU Capital Markets industry average (21.3x).
PE vs Market: MAI is poor value based on its PE Ratio (228.3x) compared to the Australian market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: MAI is poor value based on its PEG Ratio (4.9x)
Price to Book Ratio
PB vs Industry: MAI is overvalued based on its PB Ratio (3.4x) compared to the AU Capital Markets industry average (1.2x).
How is Mainstream Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAI's forecast earnings growth (46.9% per year) is above the savings rate (2.3%).
Earnings vs Market: MAI's earnings (46.9% per year) are forecast to grow faster than the Australian market (17.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MAI's revenue (14% per year) is forecast to grow faster than the Australian market (4.6% per year).
High Growth Revenue: MAI's revenue (14% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAI's Return on Equity is forecast to be low in 3 years time (12.2%).
How has Mainstream Group Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAI has high quality earnings.
Growing Profit Margin: MAI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MAI's earnings have declined by 29.8% per year over the past 5 years.
Accelerating Growth: MAI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MAI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-7.9%).
Return on Equity
High ROE: MAI's Return on Equity (1.5%) is considered low.
How is Mainstream Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: MAI's short term assets (A$25.7M) exceed its short term liabilities (A$11.3M).
Long Term Liabilities: MAI's short term assets (A$25.7M) exceed its long term liabilities (A$11.7M).
Debt to Equity History and Analysis
Debt Level: MAI's debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: MAI's debt to equity ratio has reduced from 110.6% to 17% over the past 5 years.
Debt Coverage: MAI's debt is well covered by operating cash flow (158.8%).
Interest Coverage: MAI's interest payments on its debt are well covered by EBIT (6.2x coverage).
What is Mainstream Group Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAI's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.18%).
High Dividend: MAI's dividend (1.05%) is low compared to the top 25% of dividend payers in the Australian market (5.49%).
Stability and Growth of Payments
Stable Dividend: MAI is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: MAI is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MAI is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MAI's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Martin Charles Smith, Co-Founded Mainstream Group Holdings Limited (formerly known as MainstreamBPO Limited) (a/k/a, MainstreamBPO Pty Ltd.) in 2006. He is a director of a number of Mainstream’s wholly ...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD515.08K) is above average for companies of similar size in the Australian market ($USD277.88K).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
|Chief Executive Officer of Americas||2.75yrs||AU$1.03m||no data|
|Chief Executive Officer of Mainstream Fund Services - Asia Pacific||no data||AU$329.27k||0.28% |
|Chief Financial Officer||2.58yrs||no data||no data|
|Head of Technology||no data||no data||no data|
|Head of Risk & Compliance||no data||no data||no data|
|Head of Risk & General Counsel||no data||no data||no data|
|Head of Marketing & Company Secretary||3.42yrs||no data||no data|
|Head of Human Resources||2.67yrs||no data||no data|
|Head of Project Management Office||no data||no data||no data|
|Head of Client Services of Australia||no data||AU$446.58k||0.27% |
|Head of Fund Services & Country Manager of Hong Kong||2.75yrs||no data||no data|
Experienced Management: MAI's management team is considered experienced (2.8 years average tenure).
|Non-Executive Director||5.25yrs||AU$55.50k||9.54% |
|Non-Executive Chairman||3.42yrs||AU$261.02k||13.45% |
|Independent Non-Executive Director||2.42yrs||AU$115.50k||0.12% |
|Independent Non-Executive Director||1.25yrs||AU$134.00k||no data|
Experienced Board: MAI's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MAI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.3%.
Mainstream Group Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Mainstream Group Holdings Limited
- Ticker: MAI
- Exchange: ASX
- Founded: 2006
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$130.615m
- Shares outstanding: 137.49m
- Website: https://www.mainstreamgroup.com
Number of Employees
- Mainstream Group Holdings Limited
- 51-57 Pitt Street
- Level 1
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MAI||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Oct 2015|
|MAI||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Oct 2015|
Mainstream Group Holdings Limited provides fund administration services for the financial services industry in the Asia Pacific, Americas, and Europe. Its fund administration services include investment ad ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/28 10:30|
|End of Day Share Price||2020/10/28 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.