How to buy Mainstream Group Holdings shares | A$0.85

Mainstream Group Holdings Limited is an asset management business based in Australia. Mainstream Group Holdings shares (MAI) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.85 – an increase of 11.11% over the previous week. Mainstream Group Holdings has a trailing 12-month revenue of around $52.5 million.

How to buy shares in Mainstream Group Holdings

1. 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.
2. 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.
3. Search for Mainstream Group Holdings . Find the share by name or ticker symbol: MAI. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Mainstream Group Holdings reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.85, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Mainstream Group Holdings . 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.

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How has coronavirus impacted Mainstream Group Holdings 's share price?

Since the stock market crash in March caused by coronavirus, Mainstream Group Holdings 's share price has had significant positive movement.

Its last market close was $0.85, which is 30.59% up on its pre-crash value of $0.59 and 246.94% up on the lowest point reached during the March crash when the shares fell as low as $0.245.

If you had bought $1,000 worth of Mainstream Group Holdings shares at the start of February 2020, those shares would have been worth $396.83 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,349.21.

Mainstream Group Holdings share price

Use our graph to track the performance of MAI stocks over time.

Mainstream Group Holdings shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.85
52-week range	AUDA$0.245 - AUDA$0.8
50-day moving average	AUDA$0.7042
200-day moving average	AUDA$0.579
Target price	AUDA$0.84
PE ratio	195
Dividend yield	AUDA$0.02 (2.53%)
Earnings per share (TTM)	AUDA$0.004

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Mainstream Group Holdings 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.

Technical Analysis of Mainstream Group Holdings Limited by TradingView

Mainstream Group Holdings price performance over time

Historical closes compared with the close of A$0.85 on 2020-10-22

1 week (2020-10-23)	-1.16%
1 month (2020-09-30)	23.19%
3 months (2020-07-30)	25.00%
6 months (2020-04-30)	115.19%

1 year (2019-10-30)	63.46%
2 years (2018-10-30)	34.92%
3 years (2017-10-30)	70.00%
5 years (2015-10-30)	49.57%

Is Mainstream Group Holdings under- or over-valued?

Valuing Mainstream Group Holdings stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Mainstream Group Holdings 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Mainstream Group Holdings 's P/E ratio

Mainstream Group Holdings 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 195x. In other words, Mainstream Group Holdings shares trade at around 195x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Mainstream Group Holdings 's EBITDA

Mainstream Group Holdings 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $5.1 million.

The EBITDA is a measure of a Mainstream Group Holdings 's overall financial performance and is widely used to measure a its profitability.

Mainstream Group Holdings financials

Revenue TTM	$52.5 million
Operating margin TTM	5.94%
Gross profit TTM	$20.1 million
Return on assets TTM	3.52%
Return on equity TTM	1.51%
Profit margin	1.04%
Book value	0.28
Market capitalisation	$112.1 million

TTM: trailing 12 months

Mainstream Group Holdings share dividends

Dividend payout ratio: 100% of net profits

Recently Mainstream Group Holdings has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.53% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Mainstream Group Holdings shareholders could enjoy a 2.53% return on their shares, in the form of dividend payments. In Mainstream Group Holdings 's case, that would currently equate to about A$0.02 per share.

Mainstream Group Holdings '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 1 September 2020 (the "ex-dividend date").

Mainstream Group Holdings share price volatility

Over the last 12 months, Mainstream Group Holdings 's shares have ranged in value from as little as $0.245 up to $0.8. 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 Mainstream Group Holdings 's is 1.0071. This would suggest that Mainstream Group Holdings 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Mainstream Group Holdings overview

Mainstream Group Holdings Limited provides fund administration services for the financial services industry in the Asia Pacific, Americas, and Europe. Its fund administration services include investment administration and fund, fund accounting, unit registry, custody, middle office, distressed assets administration, and company secretarial services to fund managers and listed companies. The company also provides superannuation services comprising member administration, unit pricing, and accounting services to industry funds, corporate superannuation funds, and retail superannuation master trusts, as well as manages accumulation funds, defined benefit funds, hybrid funds, and account based pensions and transition to retirement pensions. In addition, it offers registry services, such as listing, transaction processing, and reporting and correspondence services to exchange-traded products. The company was formerly known as MainstreamBPO Limited and changed its name to Mainstream Group Holdings Limited in September 2017. The company was founded in 2006 and is based in Sydney, Australia.

Frequently asked questions

• What percentage of Mainstream Group Holdings is owned by insiders or institutions?

  Currently 47.747% of Mainstream Group Holdings shares are held by insiders and 13.043% by institutions.

• When does the fiscal year end for Mainstream Group Holdings ?

  Mainstream Group Holdings 's fiscal year ends in June.

• Where is Mainstream Group Holdings based?

  Mainstream Group Holdings 's address is: 51-57 Pitt Street, Sydney, NSW, Australia, 2000

• What is Mainstream Group Holdings 's ISIN number?

  Mainstream Group Holdings 's international securities identification number is: AU000000MAI1