Magellan Financial Group Limited is a publicly owned investment manager. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Magellan Financial Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MFG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MFG's weekly volatility (5%) has been stable over the past year.
7 Day Return
AU Capital Markets
1 Year Return
AU Capital Markets
Return vs Industry: MFG underperformed the Australian Capital Markets industry which returned 32.3% over the past year.
Return vs Market: MFG underperformed the Australian Market which returned 33.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Magellan Financial Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Magellan Financial 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: MFG (A$48.37) is trading below our estimate of fair value (A$53.32)
Significantly Below Fair Value: MFG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MFG's PE Ratio (21.9x) is in line with the AU Capital Markets industry average.
PE vs Market: MFG is poor value based on its PE Ratio (21.9x) compared to the Australian market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: MFG is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: MFG is overvalued based on its PB Ratio (8.1x) compared to the AU Capital Markets industry average (1.3x).
How is Magellan Financial Group forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MFG's forecast earnings growth (15.7% per year) is above the savings rate (2%).
Earnings vs Market: MFG's earnings (15.7% per year) are forecast to grow faster than the Australian market (15.3% per year).
High Growth Earnings: MFG's earnings are forecast to grow, but not significantly.
Revenue vs Market: MFG's revenue (8.5% per year) is forecast to grow faster than the Australian market (5.7% per year).
High Growth Revenue: MFG's revenue (8.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MFG's Return on Equity is forecast to be very high in 3 years time (44.4%).
How has Magellan Financial Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MFG has high quality earnings.
Growing Profit Margin: MFG's current net profit margins (60.8%) are higher than last year (56.8%).
Past Earnings Growth Analysis
Earnings Trend: MFG's earnings have grown significantly by 20.3% per year over the past 5 years.
Accelerating Growth: MFG's earnings growth over the past year (0.9%) is below its 5-year average (20.3% per year).
Earnings vs Industry: MFG earnings growth over the past year (0.9%) exceeded the Capital Markets industry -5%.
Return on Equity
High ROE: MFG's Return on Equity (36.7%) is considered high.
How is Magellan Financial Group's financial position?
Financial Position Analysis
Short Term Liabilities: MFG's short term assets (A$440.3M) exceed its short term liabilities (A$33.2M).
Long Term Liabilities: MFG's short term assets (A$440.3M) exceed its long term liabilities (A$24.1M).
Debt to Equity History and Analysis
Debt Level: MFG is debt free.
Reducing Debt: MFG has not had any debt for past 5 years.
Debt Coverage: MFG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MFG has no debt, therefore coverage of interest payments is not a concern.
What is Magellan Financial Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MFG's dividend (4.53%) is higher than the bottom 25% of dividend payers in the Australian market (2%).
High Dividend: MFG's dividend (4.53%) is low compared to the top 25% of dividend payers in the Australian market (5.37%).
Stability and Growth of Payments
Stable Dividend: MFG's dividend payments have been volatile in the past 10 years.
Growing Dividend: MFG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (85.5%), MFG's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MFG's dividends in 3 years are not forecast to be well covered by earnings (96% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Brett Peter Cairns, Ph.D., is Chief Executive Officer and Managing Director of Magellan Financial Group Limited since October 5, 2018. Dr. Cairns served as an Executive Chairman of Magellan Financial G...
CEO Compensation Analysis
Compensation vs Market: Brett's total compensation ($USD1.37M) is below average for companies of similar size in the Australian market ($USD2.52M).
Compensation vs Earnings: Brett's compensation has been consistent with company performance over the past year.
Experienced Management: MFG's management team is considered experienced (4.2 years average tenure).
Experienced Board: MFG's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MFG 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.
Magellan Financial Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Magellan Financial Group Limited
- Ticker: MFG
- Exchange: CHIA
- Founded: 2004
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$8.896b
- Shares outstanding: 183.79m
- Website: https://www.magellangroup.com.au
Number of Employees
- Magellan Financial Group Limited
- MLC Centre
- Level 36
- New South Wales
Magellan Financial Group Limited is a publicly owned investment manager. It invests in global equities and global listed infrastructure markets across the globe. Magellan Financial Group Limited founded in...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/14 08:41|
|End of Day Share Price||2021/04/13 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.