How to buy Magellan Global Trust shares
Own Magellan Global Trust shares in just a few minutes.
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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 Dollars. 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.
How to buy shares in Magellan Global Trust
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Magellan Global Trust. Find the share by name or ticker symbol: MGG. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Magellan Global Trust reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Magellan Global Trust. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Magellan Global Trust key stats
- Compare share trading platforms
- Is Magellan Global Trust stock a buy or sell?
- Magellan Global Trust performance over time
- Are Magellan Global Trust shares over-valued?
- Magellan Global Trust's financials
- How volatile are Magellan Global Trust shares?
- Does Magellan Global Trust pay a dividend?
- Other common questions
Magellan Global Trust share priceUse our graph to track the performance of MGG stocks over time.
Magellan Global Trust shares at a glance
|52-week range||$1.6178 - $2.02|
|50-day moving average||$1.8767|
|200-day moving average||$1.8211|
|Dividend yield||$0.07 (3.91%)|
|Earnings per share (TTM)||$0.066|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Magellan Global Trust stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Is Magellan Global Trust under- or over-valued?
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 P/E ratio
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.
Magellan Global Trust financials
|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
Magellan Global Trust share dividends
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").
Magellan Global Trust share price volatility
Over the last 12 months, Magellan Global Trust's shares have ranged in value from as little as $1.6178 up to $2.02. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of 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 overview
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.
Frequently asked questions
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