MFG magellan financial group limited

Ann: St James's Place Mandate, page-143

  1. 2,540 Posts.
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    Currently, MFG is trading at around 4x book value.

    Over the recent past (around 5 or so years) when MFG experienced it's most explosive growth, it averaged around 10x book value.

    HOWEVER, if we look a little longer into the past, we find that during times of non-explosive growth, the mean price to book value was around 1.5x.

    Given MFG's growth could be in a bit of trouble in the near future, I personally think the stockprice has got plenty of legs to fall MUCH further.

    All IMO, DYOR.
 
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(20min delay)
Last
$10.91
Change
0.480(4.60%)
Mkt cap ! $1.876B
Open High Low Value Volume
$10.43 $10.98 $10.43 $16.50M 1.524M

Buyers (Bids)

No. Vol. Price($)
1 3157 $10.90
 

Sellers (Offers)

Price($) Vol. No.
$10.95 1033 1
View Market Depth
Last trade - 16.16pm 28/07/2025 (20 minute delay) ?
MFG (ASX) Chart
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