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Magellan Global Trust is an asset management business based in Australia. Magellan Global Trust shares (MGG) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollar. Magellan Global Trust has a trailing 12-month revenue of around $140 million. If you're looking to buy shares, check out the steps below.
|52-week range||$0 - $0|
|50-day moving average||$1.8767|
|200-day moving average||$1.8211|
|Dividend yield||$0.07 (3.91%)|
|Earnings per share (TTM)||$0.066|
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Valuing Magellan Global Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Magellan Global Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Magellan Global Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, Magellan Global Trust shares trade at around 28x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Revenue TTM||$140 million|
|Operating margin TTM||78.94%|
|Gross profit TTM||$140 million|
|Return on assets TTM||3.04%|
|Return on equity TTM||0%|
|Market capitalisation||$2.3 billion|
TTM: trailing 12 months
Dividend payout ratio: 172% of net profits
Recently Magellan Global Trust has paid out, on average, around 172% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.91% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Magellan Global Trust shareholders could enjoy a 3.91% return on their shares, in the form of dividend payments. In Magellan Global Trust's case, that would currently equate to about A$0.07 per share.
Magellan Global Trust's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 4 November 2020 (the "ex-dividend date").
Over the last 12 months, Magellan Global Trust's shares have ranged in value from as little as $0 up to $0. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Magellan Global Trust's is 0.3961. This would suggest that Magellan Global Trust's shares are less volatile than average (for this exchange).
Magellan Global Trust is a closed-ended equity mutual fund launched and managed by Magellan Asset Management Limited. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies. It invests in stocks of companies across diversified market capitalizations. The fund employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the MSCI World Net Total Return Index. Magellan Global Trust was formed on August 29, 2017 and is domiciled in Australia.
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