MFG 0.93% $9.73 magellan financial group limited

Valuation still looks convincing

  1. 10,267 Posts.
    lightbulb Created with Sketch. 1428
    Whilst earnings are obviously going to drop:

    https://hotcopper.com.au/data/attachments/4846/4846625-c9665d1472cbdf9a97c07bb22581c58a.jpg

    Based on those projected earnings, MFG trades at a very attractive forward PE multiple down here:

    https://hotcopper.com.au/data/attachments/4846/4846627-bc3a84a5b3f83636de8f6b00add63e0f.jpg

    I've kept buying small parcels over the last couple of months along with PTM.

    Data is from Bloomberg.
 
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Last
$9.73
Change
0.090(0.93%)
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$9.52 $9.81 $9.44 $7.036M 726.7K

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No. Vol. Price($)
1 1479 $9.72
 

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$9.73 12212 1
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
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