Whilst earnings are obviously going to drop:
Based on those projected earnings, MFG trades at a very attractive forward PE multiple down here:
I've kept buying small parcels over the last couple of months along with PTM.
Data is from Bloomberg.
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MFG
magellan financial group limited
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0.51%
!
$9.86

Valuation still looks convincing
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Last
$9.86 |
Change
0.050(0.51%) |
Mkt cap ! $1.697B |
Open | High | Low | Value | Volume |
$9.85 | $9.89 | $9.81 | $652.8K | 66.27K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 930 | $9.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.87 | 267 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 659 | 9.850 |
12 | 1143 | 9.840 |
14 | 4675 | 9.830 |
10 | 4196 | 9.820 |
10 | 2967 | 9.810 |
Price($) | Vol. | No. |
---|---|---|
9.860 | 103 | 3 |
9.870 | 2038 | 11 |
9.880 | 1513 | 8 |
9.890 | 3345 | 12 |
9.900 | 4732 | 14 |
Last trade - 11.02am 22/07/2025 (20 minute delay) ? |
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MFG (ASX) Chart |