MFG 1.37% $9.62 magellan financial group limited

FY18/19 results thread, page-12

  1. 725 Posts.
    lightbulb Created with Sketch. 31
    Without exacts Id say we'd be looking at a PE of around 28 or 29 right now. That is very high compared to its peers but it has also outperformed it's peers. A valuation in the high teens for a fund that's growing it's FUM and producing consistent year on year returns above the benchmarks would be a compelling buy.

    It has run way past that.
 
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