MNF Group Limited, together with subsidiaries, provides voice, data, and cloud-based communication and communication enablement services to residential, business, government, and wholesale customers in Australia and internationally.
MNF passed our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$7.00|
|52 Week High||AU$4.14|
|52 Week Low||AU$7.20|
|1 Month Change||7.69%|
|3 Month Change||30.11%|
|1 Year Change||55.90%|
|3 Year Change||66.67%|
|5 Year Change||42.28%|
|Change since IPO||2,757.14%|
Recent News & Updates
MNF Group (ASX:MNF) Seems To Use Debt Quite Sensibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|MNF||AU Telecom||AU Market|
Return vs Industry: MNF exceeded the Australian Telecom industry which returned 30.7% over the past year.
Return vs Market: MNF exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: MNF is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MNF's weekly volatility (5%) has been stable over the past year.
About the Company
MNF Group Limited, together with subsidiaries, provides voice, data, and cloud-based communication and communication enablement services to residential, business, government, and wholesale customers in Australia and internationally. It operates through Domestic Wholesale, Direct, and Global Wholesale segments. The Domestic Wholesale segment provides Australian and New Zealand phone numbers with number portability, terminating calls in Australia / New Zealand, software for telecom billing and compliance management, and white label cloud phone systems and mobile services to retail service providers, managed services providers, and IT companies under the Symbio Networks, iBoss, TelcoInaBox, and Comms Code brands.
MNF Group Fundamentals Summary
|MNF fundamental statistics|
Is MNF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MNF income statement (TTM)|
|Cost of Revenue||AU$111.14m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.14|
|Net Profit Margin||5.83%|
How did MNF perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is MNF 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: MNF (A$7) is trading above our estimate of fair value (A$6.44)
Significantly Below Fair Value: MNF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MNF is good value based on its PE Ratio (49.9x) compared to the Australian Telecom industry average (57x).
PE vs Market: MNF is poor value based on its PE Ratio (49.9x) compared to the Australian market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: MNF is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: MNF is overvalued based on its PB Ratio (4x) compared to the AU Telecom industry average (3.4x).
How is MNF Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MNF's forecast earnings growth (16.5% per year) is above the savings rate (1.9%).
Earnings vs Market: MNF's earnings (16.5% per year) are forecast to grow faster than the Australian market (11.5% per year).
High Growth Earnings: MNF's earnings are forecast to grow, but not significantly.
Revenue vs Market: MNF's revenue (9.4% per year) is forecast to grow faster than the Australian market (5.5% per year).
High Growth Revenue: MNF's revenue (9.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MNF's Return on Equity is forecast to be low in 3 years time (13.4%).
How has MNF Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MNF has high quality earnings.
Growing Profit Margin: MNF's current net profit margins (5.8%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: MNF's earnings have grown by 2% per year over the past 5 years.
Accelerating Growth: MNF's earnings growth over the past year (45.8%) exceeds its 5-year average (2% per year).
Earnings vs Industry: MNF earnings growth over the past year (45.8%) exceeded the Telecom industry 2.1%.
Return on Equity
High ROE: MNF's Return on Equity (7.9%) is considered low.
How is MNF Group's financial position?
Financial Position Analysis
Short Term Liabilities: MNF's short term assets (A$75.7M) exceed its short term liabilities (A$37.2M).
Long Term Liabilities: MNF's short term assets (A$75.7M) exceed its long term liabilities (A$22.4M).
Debt to Equity History and Analysis
Debt Level: MNF is debt free.
Reducing Debt: MNF has no debt compared to 5 years ago when its debt to equity ratio was 34.9%.
Debt Coverage: MNF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MNF has no debt, therefore coverage of interest payments is not a concern.
What is MNF Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MNF's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: MNF's dividend (1.09%) is low compared to the top 25% of dividend payers in the Australian market (5.3%).
Stability and Growth of Payments
Stable Dividend: MNF is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: MNF is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MNF is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MNF's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Rene Sugo, B.Eng. (Hon), Co-founded MNF Group Limited and has been its Chief Executive Officer since March 1, 2012. Mr. Sugo served as Technical Director of MNF Group Limited. Mr Sugo started his caree...
CEO Compensation Analysis
Compensation vs Market: Rene's total compensation ($USD714.86K) is about average for companies of similar size in the Australian market ($USD715.89K).
Compensation vs Earnings: Rene's compensation has increased by more than 20% in the past year.
Experienced Management: MNF's management team is considered experienced (3.3 years average tenure).
Experienced Board: MNF's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MNF 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.
MNF Group Limited's employee growth, exchange listings and data sources
- Name: MNF Group Limited
- Ticker: MNF
- Exchange: ASX
- Founded: 2004
- Industry: Alternative Carriers
- Sector: Telecom
- Market Cap: AU$592.709m
- Shares outstanding: 84.67m
- Website: https://www.mnfgroup.limited
Number of Employees
- MNF Group Limited
- 580 George Street
- Level 4
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 07:05|
|End of Day Share Price||2021/10/22 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.