Mainstream Group Holdings Limited provides fund administration and custodian services for the financial services industry in the Asia Pacific, Americas, and Europe.
No risks detected for MAI from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.79|
|52 Week High||AU$0.75|
|52 Week Low||AU$2.87|
|1 Month Change||0.72%|
|3 Month Change||2.20%|
|1 Year Change||264.71%|
|3 Year Change||332.56%|
|5 Year Change||329.23%|
|Change since IPO||580.49%|
Recent News & Updates
|MAI||AU Capital Markets||AU Market|
Return vs Industry: MAI exceeded the Australian Capital Markets industry which returned 19.3% over the past year.
Return vs Market: MAI exceeded the Australian Market which returned 19.3% over the past year.
Stable Share Price: MAI is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: MAI's weekly volatility has decreased from 10% to 1% over the past year.
About the Company
Mainstream Group Holdings Limited provides fund administration and custodian services for the financial services industry in the Asia Pacific, Americas, and Europe. Its services include investment administration and fund, fund accounting, unit registry, middle office, distressed assets administration, and corporate services to fund managers and listed companies. The company also provides superannuation services comprising member administration, unit pricing, and accounting services to industry funds, corporate superannuation funds, and retail superannuation master trusts, as well as manages accumulation funds, defined benefit funds, hybrid funds, account based pensions and transition to retirement pensions, existing fund takeover, mapping of member data between systems, communication to members, new fund establishment, design consultation, product disclosure statement design and production, and communications program.
Mainstream Group Holdings Fundamentals Summary
|MAI fundamental statistics|
Is MAI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MAI income statement (TTM)|
|Cost of Revenue||AU$34.49m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.081|
|Net Profit Margin||-18.22%|
How did MAI perform over the long term?See historical performance and comparison
Is Mainstream Group Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MAI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MAI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MAI is unprofitable, so we can't compare its PE Ratio to the Australian Capital Markets industry average.
PE vs Market: MAI 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 MAI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MAI is overvalued based on its PB Ratio (12.1x) compared to the AU Capital Markets industry average (1.4x).
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 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: MAI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MAI's is expected to become profitable in the next 3 years.
Revenue vs Market: MAI's revenue (12.1% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: MAI's revenue (12.1% 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 (19.4%).
How has Mainstream Group Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAI is currently unprofitable.
Growing Profit Margin: MAI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MAI is unprofitable, and losses have increased over the past 5 years at a rate of 61.9% per year.
Accelerating Growth: Unable to compare MAI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MAI is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (12.8%).
Return on Equity
High ROE: MAI has a negative Return on Equity (-34.93%), as it is currently unprofitable.
How is Mainstream Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: MAI's short term assets (A$28.0M) exceed its short term liabilities (A$23.9M).
Long Term Liabilities: MAI's short term assets (A$28.0M) exceed its long term liabilities (A$5.4M).
Debt to Equity History and Analysis
Debt Level: MAI's debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: MAI's debt to equity ratio has increased from 0.7% to 23.6% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MAI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MAI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 56.1% per year.
What is Mainstream Group Holdings's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MAI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MAI'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 MAI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MAI's dividend payments have been 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 ($USD735.71K) is above average for companies of similar size in the Australian market ($USD551.68K).
Compensation vs Earnings: Martin's compensation has increased whilst the company is unprofitable.
Experienced Management: MAI's management team is considered experienced (3.7 years average tenure).
Experienced Board: MAI's board of directors are considered experienced (3.9 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.
Mainstream Group Holdings Limited's 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$389.647m
- Shares outstanding: 139.66m
- Website: https://www.mainstreamgroup.com
Number of Employees
- Mainstream Group Holdings Limited
- 51-57 Pitt Street
- Level 1
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 07:03|
|End of Day Share Price||2021/10/15 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.