If we exclude the one off in FY 24 cash flow (large positive effect of working capital), Mayfield has now a free cash flow yield of 9 %.
It looks high for a company related to electrification.
So, the market is probably discounting a negative scenario for this company (negative surprise for H2 24 could explain this).
Given that the company is controlled at 45 % by a private equity (Nightingale Partners), I expect them to take some drastic measures if there is again a negative news related to the telecom business.
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Last
$1.10 |
Change
-0.005(0.45%) |
Mkt cap ! $102.1M | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.13 | $1.10 | $12.65K | 11.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16223 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 998 | 1 |
View Market Depth
| Last trade - 15.20pm 29/07/2025 (20 minute delay) ? |
| MYG (ASX) Chart |