Microequities Asset Management Group Limited provides investment funds management services to investors.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.89|
|52 Week High||AU$0.44|
|52 Week Low||AU$0.97|
|1 Month Change||0%|
|3 Month Change||21.09%|
|1 Year Change||97.78%|
|3 Year Change||60.36%|
|5 Year Change||n/a|
|Change since IPO||18.67%|
Recent News & Updates
Here's Why We're Wary Of Buying Microequities Asset Management Group's (ASX:MAM) For Its Upcoming Dividend
Readers hoping to buy Microequities Asset Management Group Limited ( ASX:MAM ) for its dividend will need to make their...
|MAM||AU Capital Markets||AU Market|
Return vs Industry: MAM exceeded the Australian Capital Markets industry which returned 24.9% over the past year.
Return vs Market: MAM exceeded the Australian Market which returned 21.1% over the past year.
Stable Share Price: MAM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: MAM's weekly volatility (7%) has been stable over the past year.
About the Company
Microequities Asset Management Group Limited provides investment funds management services to investors. The company was formerly known as Microequities Ltd. Microequities Asset Management Group Limited was incorporated in 2004 and is based in Sydney, Australia.
Microequities Asset Management Group Fundamentals Summary
|MAM fundamental statistics|
Is MAM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MAM income statement (TTM)|
|Cost of Revenue||AU$2.55m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.11|
|Net Profit Margin||61.45%|
How did MAM perform over the long term?See historical performance and comparison
11.2%Current Dividend Yield
Is Microequities Asset Management Group 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: MAM (A$0.89) is trading above our estimate of fair value (A$0.68)
Significantly Below Fair Value: MAM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MAM is good value based on its PE Ratio (8.2x) compared to the Australian Capital Markets industry average (17.5x).
PE vs Market: MAM is good value based on its PE Ratio (8.2x) compared to the Australian market (19.7x).
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 (5.8x) compared to the AU Capital Markets industry average (1.4x).
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.
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 (61.4%) are higher than last year (43.5%).
Past Earnings Growth Analysis
Earnings Trend: MAM's earnings have grown by 11.4% per year over the past 5 years.
Accelerating Growth: MAM's earnings growth over the past year (319%) exceeds its 5-year average (11.4% per year).
Earnings vs Industry: MAM earnings growth over the past year (319%) exceeded the Capital Markets industry 12.8%.
Return on Equity
High ROE: MAM's Return on Equity (71.4%) is considered outstanding.
How is Microequities Asset Management Group's financial position?
Financial Position Analysis
Short Term Liabilities: MAM's short term assets (A$15.1M) exceed its short term liabilities (A$3.8M).
Long Term Liabilities: MAM's short term assets (A$15.1M) exceed its long term liabilities (A$437.3K).
Debt to Equity History and Analysis
Debt Level: MAM is debt free.
Reducing Debt: MAM has no debt compared to 5 years ago when its debt to equity ratio was 0.02%.
Debt Coverage: MAM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MAM has no debt, therefore coverage of interest payments is not a concern.
What is Microequities Asset Management Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAM's dividend (11.24%) is higher than the bottom 25% of dividend payers in the Australian market (2.29%).
High Dividend: MAM's dividend (11.24%) is in the top 25% of dividend payers in the Australian market (5.31%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MAM has been paying a dividend for less than 10 years.
Growing Dividend: MAM's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.1%), MAM's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Carlos Gil, BEc, GradDipAppFin SIA, MAppFin FSIA, serves as Executive Director, Chief Executive Officer, Managing Director and Chief Investment Officer of Microequities Asset Management Group Limited....
CEO Compensation Analysis
Compensation vs Market: Carlos's total compensation ($USD740.50K) is above average for companies of similar size in the Australian market ($USD303.55K).
Compensation vs Earnings: Carlos's compensation has increased by more than 20% in the past year.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MAM 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 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$115.559m
- Shares outstanding: 129.84m
- Website: https://www.microequities.com.au
- Microequities Asset Management Group Limited
- Governor Macquarie Tower
- Level 31
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:15|
|End of Day Share Price||2021/10/21 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.