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MFG · ASX

Magellan Financial Group Ltd (ASX:MFG)

AU$9.49

 0.14 (1.497%)
ASX:Live
12/04/2024 04:10:59 PM
Short Sold <-1 over the month HALO Small HALO Ords HALO MQV SMALL HALO MQV +10
Consensus Score
/10
Recommend
Target Price
Deviation
Unlock Full Consensus Insights

MFG Overview

MFG Health Scores

Short Term

Mean Revision

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Very Weak

GARP

Weak

MQV Small

Very Weak

Valuation

Value

Consensus

Momentum

Price

Weak

Earnings

Very Weak

Growth

Earnings

Neutral

Dividends

Very Strong

Quality

Capital Efficiency

Very Weak

Balance Sheet

Very Weak

About MFG

Telephone

Address

Description

Magellan Financial Group Ltd. engages in the provision of funds management services. It operates through the following segments: Funds Management, Fund Investments, Magellan Capital Partners, and Corporate. The Funds Management segment provides investment research, administrative services, investment management, and sub-advisory services. The Fund Investments segment includes the direct investment in certain Magellan Funds and a select portfolio of listed Australian and international equities. The Magellan Capital Partners segment comprises a portfolio of selective investments in businesses in which the company has a strategic interest. The Corporate segment focuses on treasury management activities, corporate development and strategy activities, and the costs associated with governance and corporate management. The company was founded by Hamish Macquarie Douglass and Christopher John Mackay on March 19, 2004 and is headquartered in Sydney, Australia.

MFG Price Chart

Key Stats

Market Cap

AU$1.69B

PE

9.60

EV/EBITDA

5.5

Dividends Overview

DIV Yield

9.4%

Franking

50%

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 6.06 - 11.04

Trade Value (12mth)

AU$2,157,385.00

1 week

0%

1 month

-1.66%

YTD

0.85%

1 year

20.13%

All time high

74.91

Key Fundamentals

EPS 3 yr Growth

-54.200%

EBITDA Margin

71.90%

Operating Cashflow

$187m

Free Cash Flow Return

18.60%

ROIC

18.20%

Interest Coverage

N/A

Quick Ratio

0.00

Other Data

Shares on Issue (Fully Dilluted)

181m

HALO Sector

Next Company Report Date

15-Aug-24

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

2.26

MFG Announcements

Latest Announcements

Date Announcements

05 April 24

Funds Under Management - March 2024

×

Funds Under Management - March 2024

04 April 24

Notification of cessation of securities - MFG

×

Notification of cessation of securities - MFG

20 March 24

Update - Notification of buy-back - MFG

×

Update - Notification of buy-back - MFG

19 March 24

Change in substantial holding

×

Change in substantial holding

12 March 24

Becoming a substantial holder

×

Becoming a substantial holder

06 March 24

Update - Notification of buy-back - MFG

×

Update - Notification of buy-back - MFG

06 March 24

Notification of cessation of securities - MFG

×

Notification of cessation of securities - MFG

06 March 24

Funds Under Management - February 2024

×

Funds Under Management - February 2024

05 March 24

Update - Notification of buy-back - MFG

×

Update - Notification of buy-back - MFG

05 March 24

Notification of cessation of securities - MFG

×

Notification of cessation of securities - MFG

05 March 24

Change of Director's Interest Notice - Deborah Page AM

×

Change of Director's Interest Notice - Deborah Page AM

01 March 24

Notice of change of interests of substantial holder for TAH

×

Notice of change of interests of substantial holder for TAH

26 February 24

Notice of change of interests of substantial holder for TAH

×

Notice of change of interests of substantial holder for TAH

15 February 24

Leadership Update

×

Leadership Update

15 February 24

Appendix 4D and 2024 Interim Results

×

Appendix 4D and 2024 Interim Results

15 February 24

Dividend/Distribution - MFG

×

Dividend/Distribution - MFG

15 February 24

2024 Interim Results Announcement

×

2024 Interim Results Announcement

15 February 24

2024 Interim Results Briefing

×

2024 Interim Results Briefing

07 February 24

Notice of Half Year Results Briefing

×

Notice of Half Year Results Briefing

06 February 24

Funds Under Management - January 2024

×

Funds Under Management - January 2024

19 January 24

Key Dates for 2024

×

Key Dates for 2024

18 January 24

Change of Director's Interest Notice - Hamish McLennan

×

Change of Director's Interest Notice - Hamish McLennan

05 January 24

Funds Under Management and Performance Fee Update - Dec 2023

×

Funds Under Management and Performance Fee Update - Dec 2023

03 January 24

Notification of cessation of securities - MFG

×

Notification of cessation of securities - MFG

02 January 24

Change of Director's Interest Notice - Hamish McLennan

×

Change of Director's Interest Notice - Hamish McLennan

MFG Fundamentals

Per Share Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 1.45 2.07 1.00 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 1.45 2.07 1.00 Lock Lock Lock
     Growth % Lock Lock Lock Lock -33.8 43.1 -51.6 Lock Lock Lock
     PE X Lock Lock Lock Lock 22.0 6.8 9.6 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 16.5 4.9 5.5 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 1.29 2.20 0.82 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.01 0.28 -0.14 Lock Lock Lock
     Growth % Lock Lock Lock Lock -40.2 69.7 -62.8 Lock Lock Lock
     Yield % Lock Lock Lock Lock 0.0 2.2 -1.4 Lock Lock Lock
DPS $ Lock Lock Lock Lock 2.11 1.79 0.87 Lock Lock Lock
     Growth % Lock Lock Lock Lock -1.7 -15.2 -51.6 Lock Lock Lock
     Yield % Lock Lock Lock Lock 4.1 12.5 9.4 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 146 87 87 Lock Lock Lock
BPS $ Lock Lock Lock Lock 5.42 5.59 5.34 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 4.80 4.98 4.74 Lock Lock Lock
     Growth % Lock Lock Lock Lock -6.0 3.8 -4.9 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 183 185 183 Lock Lock Lock
Basic m Lock Lock Lock Lock 183 185 183 Lock Lock Lock

Financial Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 699 669 381 Lock Lock Lock
     Growth % Lock Lock Lock Lock 1.8 -4.2 -43.1 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 13 16 17 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 449 639 332 Lock Lock Lock
     Growth % Lock Lock Lock Lock -25.8 42.2 -48.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 64.3 95.5 87.2 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 36 5 13 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 385 444 274 Lock Lock Lock
     Growth % Lock Lock Lock Lock -26.0 15.1 -38.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 55.1 66.3 71.9 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 7 7 6 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 378 437 268 Lock Lock Lock
     Growth % Lock Lock Lock Lock -26.3 15.4 -38.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 54.1 65.2 70.3 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 378 487 268 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 72 113 73 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 265 383 183 Lock Lock Lock
     Growth % Lock Lock Lock Lock -33.1 44.4 -52.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 37.9 57.2 47.9 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 401 435 187 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -222 135 16 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -401 -365 -251 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 401 434 186 Lock Lock Lock
     Growth % Lock Lock Lock Lock 0.8 8.3 -57.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.6 0.6 0.5 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 46 39 24 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 213 422 375 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 1,216 1,241 1,199 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 12 10 8 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -42 -409 -365 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 227 215 236 Lock Lock Lock
Equity $m Lock Lock Lock Lock 989 1,027 963 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 1,002 1,037 970 Lock Lock Lock
     Growth % Lock Lock Lock Lock -5.6 3.5 -6.4 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 21.8 30.9 15.2 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 26.8 37.3 19.0 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 34.0 39.7 26.6 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 25.7 37.6 18.2 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 38.9 42.6 18.6 Lock Lock Lock

Ratios Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock -0.1 -0.9 -1.3 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock -4.2 -39.8 -37.9 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 4.8 5.6 4.2 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.6 0.5 0.3 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.6 0.5 0.3 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 54.1 72.8 70.2 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 31.1 39.3 22.3 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 18.9 23.1 27.1 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 21.8 30.9 15.2 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.2 1.2 1.2 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 26.8 37.3 19.0 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock -46.1 13.5 13.3 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -12.3 5.0 2.5 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 76.1 64.8 87.6 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 76.1 64.8 87.6 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 76.1 64.8 87.6 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

9.4%

Franking Level

50%

DPSg

-51.56%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
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Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

2.26%

Value ($M)

39

Prior Change

N/A

7 Day Change

N/A

1 Month Change

-1.00%

3 Month Change

1.50%

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MFG Shortsell

Frequently Asked Questions

The current share price of Magellan Financial Group Ltd (MFG:ASX) is AU$9.49.
The 52-week high share price for Magellan Financial Group Ltd (MFG:ASX) is AU$11.04.
The 52-week low share price for Magellan Financial Group Ltd (MFG:ASX)? is AU$6.06.
The current TTM dividend payout for Magellan Financial Group Ltd (MFG:ASX) is 9.40.
The last dividend payment of Magellan Financial Group Ltd (MFG:ASX) is AU$0.29.
Magellan Financial Group Ltd (MFG:ASX) has a franking level of 50%.
Magellan Financial Group Ltd (MFG:ASX) is classified in the Other Finance.
The current P/E ratio for Magellan Financial Group Ltd (MFG:ASX) is 9.60.