Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Macquarie Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$180.17|
|52 Week High||AU$118.68|
|52 Week Low||AU$182.66|
|1 Month Change||9.21%|
|3 Month Change||16.80%|
|1 Year Change||47.01%|
|3 Year Change||40.92%|
|5 Year Change||119.40%|
|Change since IPO||2,437.98%|
Recent News & Updates
Increases to Macquarie Group Limited's (ASX:MQG) CEO Compensation Might Cool off for now
CEO Shemara Wikramanayake has done a decent job of delivering relatively good performance at Macquarie Group Limited...
|MQG||AU Capital Markets||AU Market|
Return vs Industry: MQG exceeded the Australian Capital Markets industry which returned 30.7% over the past year.
Return vs Market: MQG exceeded the Australian Market which returned 27% over the past year.
Stable Share Price: MQG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: MQG's weekly volatility (2%) has been stable over the past year.
About the Company
Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital. The MAM segment provides investment solutions to clients across various capabilities, including infrastructure and renewables, real estate, agriculture, transportation finance, private credit, equities, fixed income, and multi-asset solutions.
Is Macquarie 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: MQG (A$180.17) is trading above our estimate of fair value (A$110.02)
Significantly Below Fair Value: MQG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MQG is poor value based on its PE Ratio (21.9x) compared to the Australian Capital Markets industry average (17.2x).
PE vs Market: MQG is poor value based on its PE Ratio (21.9x) compared to the Australian market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: MQG is poor value based on its PEG Ratio (3.5x)
Price to Book Ratio
PB vs Industry: MQG is overvalued based on its PB Ratio (2.9x) compared to the AU Capital Markets industry average (1.4x).
How is Macquarie Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MQG's forecast earnings growth (6.2% per year) is above the savings rate (1.9%).
Earnings vs Market: MQG's earnings (6.2% per year) are forecast to grow slower than the Australian market (11.5% per year).
High Growth Earnings: MQG's earnings are forecast to grow, but not significantly.
Revenue vs Market: MQG's revenue (2.8% per year) is forecast to grow slower than the Australian market (5.3% per year).
High Growth Revenue: MQG's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MQG's Return on Equity is forecast to be low in 3 years time (14.3%).
How has Macquarie Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MQG has a high level of non-cash earnings.
Growing Profit Margin: MQG's current net profit margins (22.6%) are higher than last year (21.4%).
Past Earnings Growth Analysis
Earnings Trend: MQG's earnings have grown by 6.7% per year over the past 5 years.
Accelerating Growth: MQG's earnings growth over the past year (10.6%) exceeds its 5-year average (6.7% per year).
Earnings vs Industry: MQG earnings growth over the past year (10.6%) underperformed the Capital Markets industry 12.8%.
Return on Equity
High ROE: MQG's Return on Equity (13.5%) is considered low.
How is Macquarie Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: MQG's Assets to Equity ratio (11x) is moderate.
Allowance for Bad Loans: MQG has a low allowance for bad loans (56%).
Low Risk Liabilities: 62% of MQG's liabilities are made up of primarily higher risk sources of funding.
Loan Level: MQG has an appropriate level of Loans to Assets ratio (43%).
Low Risk Deposits: MQG's Loans to Deposits ratio (125%) is appropriate.
Level of Bad Loans: MQG has an appropriate level of bad loans (1.9%).
What is Macquarie Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MQG's dividend (2.61%) is higher than the bottom 25% of dividend payers in the Australian market (2.3%).
High Dividend: MQG's dividend (2.61%) is low compared to the top 25% of dividend payers in the Australian market (5.41%).
Stability and Growth of Payments
Stable Dividend: MQG's dividend payments have been volatile in the past 10 years.
Growing Dividend: MQG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.8%), MQG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MQG's dividends in 3 years are forecast to be covered by earnings (64.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shemara Wikramanayake (60 yo)
Ms. Shemara R. Wikramanayake, LLB, BCom (UNSW), has been an Executive Voting Director of Macquarie Group Limited and Macquarie Bank Ltd. since August 28, 2018. Ms. Wikramanayake has been Managing Director...
CEO Compensation Analysis
Compensation vs Market: Shemara's total compensation ($USD11.63M) is above average for companies of similar size in the Australian market ($USD3.56M).
Compensation vs Earnings: Shemara's compensation has been consistent with company performance over the past year.
Experienced Management: MQG's management team is seasoned and experienced (6.1 years average tenure).
Experienced Board: MQG's board of directors are considered experienced (4.6 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.
Macquarie Group Limited's employee growth, exchange listings and data sources
- Name: Macquarie Group Limited
- Ticker: MQG
- Exchange: ASX
- Founded: 1969
- Industry: Diversified Capital Markets
- Sector: Diversified Financials
- Market Cap: AU$63.741b
- Shares outstanding: 353.78m
- Website: https://www.macquarie.com
Number of Employees
- Macquarie Group Limited
- 50 Martin Place
- Level 6
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 08:04|
|End of Day Share Price||2021/09/17 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.