Mystate Share Price and Company Fundamentals
Last traded: Today at 6:10 AM
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.
Key Metrics
PE ratio
14.14
PB ratio
1.29
Dividend yield
2.60%
Beta
0.73
Market cap
$454.47M
Enterprise value
$1.62B
Company profile
| Primary activities | Diversified financial services. |
|---|---|
| Industry / Sector | Banks—Regional / Financial Services |
| Website | http://www.mystatelimited.com.au |
| Mailing address | 137 Harrington Street Level 2 Hobart TAS 7000 Australia |
| Phone / Fax | 61 3 138 001 / 61 3 6215 9760 |
| Share registry | COMPUTERSHARE INVESTOR SERVICES PTY LIMITED |
Dividends
More: Mystate Dividend history, yield and payout ratio
Dividend yield
2.60%
Dividend amount
$0.12
Payout ratio
40.97%
5Y Avg. yield
6.06%
Mystate paid $0.12 dividend and the ex-dividend date was 24 Feb 2021.The dividend payout ratio is 40.97%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MYS dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
MYS's forward dividend amount is $0.25 and the forward dividend yield is 5.21%. 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.
Company Executives
As of May 2021, following are the company executives and directors listed on Mystate.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Melos Anthony Sulicich BBus(Mktg), GAICD, SA FIN | MD, CEO & Director | 626.79k | |
| Mr. Gary Dickson B.Com., F.C.A., M.B.A. | Chief Financial Officer | 380.85k | |
| Mr. Paul Moss B.E., BEng (Hons) | Gen. Mang. of Technology, Operations & Product | 364.81k | |
| Ms. Heather McGovern B.A. | Gen. Mang. of Digital & Marketing | 330k | |
| Ms. Janelle Whittle B.Com. | Gen. Mang. of People & Culture | 290k | |
| Ms. Mandakini Khanna B.Com., BCom, Post Dip, Post DipBA | Chief Risk Officer | 392.36k | |
| Mr. Greg Slade | Investor Relation Professional | ||
| Mr. Scott A. Lukianenko Ad Dip BMgmt, CertGov(Prac), Grad Cert BA, GIA (C | Company Sec. |
Profitability and management effectiveness
Profit margin
24.53%
Operating margin
37.01%
Return on assets
0.53%
Return on equity
9.36%
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 Mystate is 454.47M and its enterprise value is 1.62B. The enterprise value to revenue ratio of MYS is 12.43.
The MYS's stocks Beta value is 0.73 making it 27% 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.
Companies similar to Mystate (MYS)
- Australia And New Zealand Banking Group (ANZ)
- Bank Of Queensland (BOQ)
- Bendigo And Adelaide Bank (BEN)
- Commonwealth Bank Of Australia (CBA)
- National Australia Bank (NAB)
- Virgin Money Uk Plc (VUK)
- Westpac Banking Corporation (WBC)
Mystate (ASX:MYS) Frequently Asked Questions
1. What is Mystate's Stock Symbol?
Mystate trades on ASX under the ticker symbol "MYS".
2. What is Mystate's stock price today?
One share of MYS stock can currently be purchased for approximately $4.92.
3. How can I contact Mystate?
Mystate's mailing address is 137 Harrington Street Level 2 Hobart TAS 7000 Australia. The company can be reached via phone at 61 3 138 001.
4. What is Mystate's official website?
The official website of Mystate is http://www.mystatelimited.com.au.
5. Which share registry manages Mystate's stock?
Mystate's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.