I got 14x by being extremely generous on what they would earn over the next 12 months. IMO they are trading on closer to 18x to 20x the profit they will generate in 2024 FY.
The past financial year is irrelevant to their future profit given the loss in FUM.
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MFG
magellan financial group limited
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0.36%
!
$8.41

I got 14x by being extremely generous on what they would earn...
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Last
$8.41 |
Change
-0.030(0.36%) |
Mkt cap ! $1.453B |
Open | High | Low | Value | Volume |
$8.38 | $8.46 | $8.34 | $4.327M | 514.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1191 | $8.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.42 | 1974 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1191 | 8.390 |
1 | 1646 | 8.380 |
1 | 1646 | 8.370 |
4 | 6916 | 8.360 |
2 | 3591 | 8.350 |
Price($) | Vol. | No. |
---|---|---|
8.420 | 1974 | 2 |
8.450 | 2146 | 2 |
8.460 | 7045 | 4 |
8.470 | 3956 | 3 |
8.480 | 1775 | 2 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online