Microequities Asset Management Group Limited provides fund management services to investors.
Flawless balance sheet and good value.
Share Price & News
How has Microequities Asset Management Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MAM'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: MAM underperformed the Australian Capital Markets industry which returned -9.6% over the past year.
Return vs Market: MAM underperformed the Australian Market which returned -15% over the past year.
Price Volatility Vs. Market
How volatile is Microequities Asset Management Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StSomething To Consider Before Buying Microequities Asset Management Group Limited (ASX:MAM) For The 6.6% Dividend
3 weeks ago | Simply Wall StA Rising Share Price Has Us Looking Closely At Microequities Asset Management Group Limited's (ASX:MAM) P/E Ratio
1 month ago | Simply Wall StIntroducing Microequities Asset Management Group (ASX:MAM), The Stock That Dropped 31% In The Last Year
Is Microequities Asset Management Group 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: MAM (A$0.31) is trading below our estimate of fair value (A$0.42)
Significantly Below Fair Value: MAM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MAM is good value based on its PE Ratio (11.6x) compared to the Capital Markets industry average (16x).
PE vs Market: MAM is good value based on its PE Ratio (11.6x) compared to the Australian market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MAM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MAM is overvalued based on its PB Ratio (4.2x) compared to the AU Capital Markets industry average (1.7x).
How is Microequities Asset Management Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Microequities Asset Management Group 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.
- Examine whether Microequities Asset Management Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Microequities Asset Management Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
How has Microequities Asset Management Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAM has high quality earnings.
Growing Profit Margin: MAM's current net profit margins (42.3%) are higher than last year (36.3%).
Past Earnings Growth Analysis
Earnings Trend: MAM's earnings have declined by -5.9% per year over the past 5 years.
Accelerating Growth: MAM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MAM had negative earnings growth (-1.1%) over the past year, making it difficult to compare to the Capital Markets industry average (6.4%).
Return on Equity
High ROE: MAM's Return on Equity (39.4%) is considered high.
How is Microequities Asset Management Group's financial position?
Financial Position Analysis
Short Term Liabilities: MAM's short term assets (A$5.6M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: MAM's short term assets (A$5.6M) exceed its long term liabilities (A$25.0K).
Debt to Equity History and Analysis
Debt Level: MAM is debt free.
Reducing Debt: MAM has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: MAM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MAM has no debt, therefore coverage of interest payments is not a concern.
What is Microequities Asset Management Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAM's dividend (6.56%) is higher than the bottom 25% of dividend payers in the Australian market (2.7%).
High Dividend: MAM's dividend (6.56%) is low compared to the top 25% of dividend payers in the Australian market (7.18%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MAM has been paying a dividend for less than 10 years.
Growing Dividend: MAM has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.9%), MAM's payments are 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.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Carlos Gil serves as Executive Director, Chief Executive Officer, Managing Director and Chief Investment Officer of Microequities Asset Management Group Limited. Mr. Gil serves as the Chief Executive O ...
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.
Microequities Asset Management Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Microequities Asset Management Group Limited
- Ticker: MAM
- Exchange: ASX
- Founded: 2004
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$39.753m
- Shares outstanding: 130.34m
- Website: https://www.microequities.com.au
- Microequities Asset Management Group Limited
- Governor Macquarie Tower
- Level 31
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MAM||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Apr 2018|
|MAM||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Apr 2018|
Microequities Asset Management Group Limited provides fund management services to investors. It also invests in various listed companies. The company was formerly known as Microequities Ltd. Microequities Asset Management Group Limited was incorporated in 2004 and is based in Sydney, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/24 10:58|
|End of Day Share Price||2020/05/22 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.