MFG 1.12% $10.64 magellan financial group limited

Ann: Funds Under Management - October 2020, page-13

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  1. 3,580 Posts.
    lightbulb Created with Sketch. 171
    hi there
    your table leaves out one very important company financial performance metric : ROE.

    according to Commsec, here are PAC ROE figures for the past 5 financial years to 30/6/20
    -25.705.9030.70-1.109.10

    but here are the ROE figures for MFG
    56.2043.8043.3054.5041.50
    with zero debt.

    like chalk and cheese....
    many people would argue a company with ROE under 10% is not achieving an adequate goal.



 
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