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MyState Limited is a banks-regional business based in Australia. MyState shares (MYS) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. MyState has a trailing 12-month revenue of around $139.5 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $4.1054 - $5.37 |
|---|---|
| 50-day moving average | $4.9974 |
| 200-day moving average | $4.8266 |
| Target price | $5 |
| PE ratio | 12.0153 |
| Dividend yield | $0.255 (5.31%) |
| Earnings per share (TTM) | $0.392 |
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.
Historical closes compared with the last close of A$4.65
| 1 week (2021-11-26) | -1.27% |
|---|---|
| 1 month (2021-11-04) | -7.92% |
| 3 months (2021-09-03) | -8.82% |
| 6 months (2021-06-04) | -4.91% |
| 1 year (2020-12-04) | -6.44% |
|---|---|
| 2 years (2019-12-04) | -0.83% |
| 3 years (2018-12-04) | 7.04% |
| 5 years (2016-12-02) | 13.47% |
Valuing MyState stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MyState's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
MyState's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, MyState shares trade at around 12x 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 | $139.5 million |
|---|---|
| Operating margin TTM | 39.15% |
| Gross profit TTM | $139.5 million |
| Return on assets TTM | 0.58% |
| Return on equity TTM | 9.7% |
| Profit margin | 26.05% |
| Book value | 3.944 |
| Market capitalisation | $496.9 million |
TTM: trailing 12 months
Dividend payout ratio: 64.91% of net profits
Recently MyState has paid out, on average, around 64.91% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.52% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MyState shareholders could enjoy a 5.52% return on their shares, in the form of dividend payments. In MyState's case, that would currently equate to about A$0.255 per share.
MyState'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 24 August 2021 (the "ex-dividend date").
Over the last 12 months, MyState's shares have ranged in value from as little as $4.1054 up to $5.37. 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 MyState's is 0.8198. This would suggest that MyState's shares are less volatile than average (for this exchange).
MyState Limited, through its subsidiaries, provides banking, trustee, and managed fund products and services in Australia. The company operates in two segments, Banking and Wealth Management. It offers personal and commercial lending, mortgage lending, savings and investment products, wealth management services, and insurance products under MyState Bank brand. The company also provides a range of financial services, including managed fund investments; commercial lending; and trustee services that comprise estate planning, administration, and charitable trusts to individuals and corporate clients under the TPT Wealth brand. MyState Limited was founded in 2009 and is headquartered in Tasmania, Australia.
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