Mainstream Group Holdings Share Price and Company Fundamentals
Last traded: Yesterday at 6:10 AM
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.
|Primary activities||Fund and superannuation administration services.|
|Industry / Sector||Asset Management / Financial Services|
|Full time employees||305|
|Mailing address||51-57 Pitt Street Level 1 Sydney NSW 2000 Australia|
|Phone / Fax||61 2 9247 3326 / 61 2 9251 3525|
|Share registry||MAINSTREAM FUND SERVICES PTY LTD|
Mainstream Group Holdings paid $0.01 dividend and the ex-dividend date was 02 Sep 2020.The dividend payout ratio is 90.91%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MAI dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.
MAI's forward dividend amount is $0.02 and the forward dividend yield is 0.78%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of May 2021, following are the company executives and directors listed on Mainstream Group Holdings.
|Mr. Martin Charles Smith||Co-Founder, Group CEO & Exec. Director||564.37k|
|Mr. Jay Maher||Chief Exec. Officer of Americas||555.03k|
|Mr. Nicholas Peter Happell||Chief Exec. Officer of Mainstream Fund Services - Asia Pacific||250.09k|
|Ms. Stacey Kelly||Chief Financial Officer|
|Mr. Tony Hawker||Head of Technology|
|Ms. Aimee Birch||Head of Risk & Compliance|
|Ms. Silva Seferian Jacotine||Head of Risk & Gen. Counsel|
|Ms. Alicia Gill||Head of Marketing & Company Sec.|
|Ms. Rachel Parris||Head of HR|
|Ms. Jenny Elhassan||Head of Project Management Office|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Mainstream Group Holdings is 359.03M and its enterprise value is 347.88M. The enterprise value to revenue ratio of MAI is 6.11.
The MAI's stocks Beta value is 0.92 making it 8% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Mainstream Group Holdings (ASX:MAI) Frequently Asked Questions
1. What is Mainstream Group Holdings's Stock Symbol?
Mainstream Group Holdings trades on ASX under the ticker symbol "MAI".
2. What is Mainstream Group Holdings's stock price today?
One share of MAI stock can currently be purchased for approximately $2.6.
3. How can I contact Mainstream Group Holdings?
Mainstream Group Holdings's mailing address is 51-57 Pitt Street Level 1 Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 9247 3326.
4. What is Mainstream Group Holdings's official website?
The official website of Mainstream Group Holdings is http://www.mainstreamgroup.com.
5. Which share registry manages Mainstream Group Holdings's stock?
Mainstream Group Holdings's stock is managed by MAINSTREAM FUND SERVICES PTY LTD.