At $26.90 the stock trades on 23x trailing earnings with a 3.2% dividend yield plus the tax effective benefits of full franking credits. This looks about fair value given the group is likely to post another year of robust growth as it’s now cycling off much higher FUM levels (around $50 billion) with the potentially lucrative opportunity to crank performance fees.
News: MFG Magellan Financial Group says FY net operating profit $196.2 mln, page-22
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Last
$8.61 |
Change
0.115(1.35%) |
Mkt cap ! $1.476B | |||
| Open | High | Low | Value | Volume |
| $8.50 | $8.67 | $8.48 | $1.403M | 163.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1745 | $8.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.61 | 1693 | 11 |
View Market Depth
| Last trade - 13.31pm 27/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |