How to buy Microequities Asset Management Group shares | A$0.475

Microequities Asset Management Group Limited is an asset management business based in Australia. Microequities Asset Management Group shares (MAM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.475 – an increase of 4.4% over the previous week. Microequities Asset Management Group has a trailing 12-month revenue of around $7.7 million.

How to buy shares in Microequities Asset Management Group

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 Microequities Asset Management Group . Find the share by name or ticker symbol: MAM. 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 Microequities Asset Management Group 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 $0.475, 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 Microequities Asset Management Group . 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 Microequities Asset Management Group 's share price?

Since the stock market crash in March caused by coronavirus, Microequities Asset Management Group 's share price has had significant negative movement.

Its last market close was $0.475, which is 15.93% down on its pre-crash value of $0.565 and 216.67% up on the lowest point reached during the March crash when the shares fell as low as $0.15.

If you had bought $1,000 worth of Microequities Asset Management Group shares at the start of February 2020, those shares would have been worth $280.70 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 $833.34.

Microequities Asset Management Group share price

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

Microequities Asset Management Group shares at a glance

• Key figures

Information last updated 2020-10-14.

Latest market close	AUDA$0.475
52-week range	AUDA$0.15 - AUDA$0.6
50-day moving average	AUDA$0.4281
200-day moving average	AUDA$0.3284
Target price	N/A
PE ratio	17.4603
Dividend yield	AUDA$0.02 (4.55%)
Earnings per share (TTM)	AUDA$0.025

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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 Microequities Asset Management Group 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 Microequities Asset Management Group Limited by TradingView

Microequities Asset Management Group price performance over time

Historical closes compared with the close of A$0.475 on 2020-10-20

1 week (2020-10-10)	N/A
1 month (2020-09-21)	9.20%
3 months (2020-07-17)	63.79%
6 months (2020-04-17)	72.73%

1 year (2019-10-18)	31.94%
2 years (2018-10-19)	-18.80%
3 years (2017-10-17)	N/A
5 years (2015-10-17)	N/A

Is Microequities Asset Management Group under- or over-valued?

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

Microequities Asset Management Group 's P/E ratio

Microequities Asset Management Group 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Microequities Asset Management Group shares trade at around 17x 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.

Microequities Asset Management Group 's EBITDA

Microequities Asset Management Group 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $5 million.

The EBITDA is a measure of a Microequities Asset Management Group 's overall financial performance and is widely used to measure a its profitability.

Microequities Asset Management Group financials

Revenue TTM	$7.7 million
Operating margin TTM	62.2%
Gross profit TTM	$5.7 million
Return on assets TTM	29.48%
Return on equity TTM	39.64%
Profit margin	43.52%
Book value	0.074
Market capitalisation	$60.4 million

TTM: trailing 12 months

Microequities Asset Management Group share dividends

Dividend payout ratio: 66.67% of net profits

Recently Microequities Asset Management Group has paid out, on average, around 66.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.55% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Microequities Asset Management Group shareholders could enjoy a 4.55% return on their shares, in the form of dividend payments. In Microequities Asset Management Group 's case, that would currently equate to about A$0.02 per share.

Microequities Asset Management Group '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 19 August 2020 (the "ex-dividend date").

Microequities Asset Management Group share price volatility

Over the last 12 months, Microequities Asset Management Group 's shares have ranged in value from as little as $0.15 up to $0.6. 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 Microequities Asset Management Group 's is 1.7357. This would suggest that Microequities Asset Management Group 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Microequities Asset Management Group overview

Microequities Asset Management Group Limited provides fund management services to investors. It also invests in various listed companies. The company was formerly known as Microequities Ltd. Microequities Asset Management Group Limited was incorporated in 2004 and is based in Sydney, Australia.

Frequently asked questions

• What percentage of Microequities Asset Management Group is owned by insiders?

  Currently 81.785% of Microequities Asset Management Group shares are held by insiders.

• When does the fiscal year end for Microequities Asset Management Group ?

  Microequities Asset Management Group 's fiscal year ends in June.

• Where is Microequities Asset Management Group based?

  Microequities Asset Management Group 's address is: Governor Macquarie Tower, Sydney, NSW, Australia, 2000

• What is Microequities Asset Management Group 's ISIN number?

  Microequities Asset Management Group 's international securities identification number is: AU0000004517