$24.70

0.52 (2.06%)

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MFG General Information

Magellan Financial Group Limited
MFG
http://www.magellangroup.com.au
Asset Management & Custody Banks
4,466
177

MFG Current Share Price+

Current Price $24.700
Open $25.110
High $25.230
Low $24.635
Last Close $25.220
Volume 190251
Price Movement $0.52 ( 2.06% )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

MFG Research

MFG Recommendation

Current recommendation UNLOCK
12 month range UNLOCK
Maximum portfolio weighting UNLOCK
Business risk UNLOCK
Share price risk UNLOCK

MFG Company Overview

Business Description

Magellan Financial Group Limited (MFG) is a funds management business based in Sydney, Australia. MFG offers international investment funds to high net worth and retail investors in Australia, New Zealand and institutional investors globally. MFG's four investment funds are the Magellan Global Fund, the Magellan Infrastructure Fund and the Magellan High Conviction Fund. The fund management activities are undertaken by Magellan Asset Management Limited.

MFG Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 297.10 171.19 2.10% 14.73 161.00 6.38% 100.0%
2019 F 291.06 167.71 38.40% 15.04 157.00 6.23% 100.0%
2018 A 210.39 121.22 6.20% 20.71 135.00 5.38% 100.0%

MFG Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Janus Henderson Group (JHG) $1,853M 1.6325 -0.4373 0.0010 4.1611 7.3947 7.3875 5.98% 6.68% 7.19%
Magellan Financial Group (MFG) $4,510M 0.3568 0.1950 0.0108 16.4524 13.7676 13.6203 5.28% 6.48% 6.52%
Netwealth Group (NWL) $1,901M 0.0000 0.7917 0.2675 94.6746 52.8402 41.6884 0.67% 1.50% 1.88%
Pendal Group (PDL) $2,595M 0.1207 -0.0934 0.1257 11.3223 12.4885 11.0945 6.37% 6.59% 7.26%
Platinum Asset Mgmt (PTM) $2,898M 0.0325 -0.0922 0.0908 15.0748 16.6050 15.2234 6.48% 6.02% 6.48%

MFG Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.42 15.00 7.16 1.51
Market 0.91 15.60 1.47 1.56
Sector 0.79 12.80 0.96 1.51

MFG Directors

Name Position Start Date
Dr Brett Peter Cairns Executive Director, Chief Executive Officer, Managing Director 22 Jan 2007
Mr Hamish Macquarie Douglass Non-Executive Chairman, Non-Executive Director 21 Nov 2006
Mr Robert Darius Fraser Non-Executive Director 23 Apr 2014
Mr John A Eales Non-Executive Director 1 Jul 2017
Mr Paul Anthony Lewis Non-Executive Director 20 Dec 2006
Mr Hamish Roy McLennan Non-Executive Director 1 Mar 2016
Ms Karen Phin Non-Executive Director 23 Apr 2014

MFG Management

Name Position
Kirsten Morton Chief Financial Officer
Geoffrey Stirton Company Secretary
Frank Casarotti General Manager - Distribution
Craig Wright Head of Governance & Advisory
Gerald Stack Head of Investments
Marcia Venegas Head of Risk, Compliance and Legal

MFG Substantial Shareholders

Holding Name
21,792,277 (12.37%) Hamish Douglass and Midas Touch Investments Pty Limited
18,615,610 (10.56%) Chris Mackay and Associates

MFG Calendar of Events

Date Event
08 August 2019 Report (Annual)
08 August 2019 Report (Prelim)
06 February 2019 Report (Interim)
05 February 2019 Report (Interim)

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

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