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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 listed in Australian Dollars. MyState has a trailing 12-month revenue of around $123.9 million.
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Since the stock market crash in March caused by coronavirus, MyState's share price has had significant negative movement.
Its last market close was $3.93, which is 32.71% down on its pre-crash value of $5.84 and 24.76% up on the lowest point reached during the March crash when the shares fell as low as $3.15.
If you had bought $1,000 worth of MyState shares at the start of February 2020, those shares would have been worth $594.93 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 $710.66.
52-week range | $3.15 - $6.09 |
---|---|
50-day moving average | $4.9767 |
200-day moving average | $4.1874 |
Target price | $5 |
PE ratio | 15.9271 |
Dividend yield | $0.29 (5.66%) |
Earnings per share (TTM) | $0.329 |
Standard brokerage - Australian shares
Competitive broker fees on Australian and international shares
Important: Share trading carries risk of capital loss.
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 close of A$3.93 on 2020-10-22
1 week (2021-01-08) | -21.56% |
---|---|
1 month (2020-12-15) | -20.93% |
3 months (2020-10-15) | 2.61% |
6 months (2020-07-15) | -4.15% |
1 year (2020-01-15) | -26.13% |
---|---|
2 years (2019-01-15) | -11.69% |
3 years (2018-01-15) | -23.09% |
5 years (2016-01-15) | -16.56% |
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 16x. In other words, MyState shares trade at around 16x 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 | $123.9 million |
---|---|
Operating margin TTM | 34.68% |
Gross profit TTM | $123.9 million |
Return on assets TTM | 0.51% |
Return on equity TTM | 9.08% |
Profit margin | 24.25% |
Book value | 3.634 |
Market capitalisation | $482.4 million |
TTM: trailing 12 months
Dividend payout ratio: 43.18% of net profits
Recently MyState has paid out, on average, around 43.18% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.66% 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 5.66% return on their shares, in the form of dividend payments. In MyState's case, that would currently equate to about A$0.29 per share.
While MyState's payout ratio might seem fairly standard, it's worth remembering that MyState may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 28 February 2020 (the "ex-dividend date").
Over the last 12 months, MyState's shares have ranged in value from as little as $3.15 up to $6.09. 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 0.7436. This would suggest that MyState's shares are less volatile than average (for this exchange).
MyState Limited, through its subsidiaries, provides a range of financial products and services in Australia. It operates in two segments, Banking and Wealth Management. The company offers banking products and services, including transactional savings accounts; fixed term deposits; insurance products; home loans; personal, overdraft, lines of credit, and commercial products; residential and business banking services; and internet and mobile banking, savings and investment, and other services through its branch networks, digital channels, and third party channels. It also provides trustee services, such as estate planning, estate and trust administration, power of attorney, and corporate trustee services. In addition, the company offers wealth management services, such as managed fund investment, and portfolio administration and advisory services. MyState Limited was founded in 2009 and is based in Hobart, Australia.
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