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Megaport Limited (ASX: MP1) - Share Price and Research

Current share price for MP1 : $13.590 0.22 (1.59%)

Megaport Limited (MP1), an ASX-listed company, provides on-demand elastic interconnection services, internet exchange services, addition and integration of new service. Megaport also continues to expand the geographic footprint of its Network and Marketplace. Megaport is a leading provider of Network as a Service (NaaS) solutions. Megaport offers agile networking capabilities that reduce operating costs and increase speed to market compared to traditional networking solutions.

MP1 General Information +

ASX Code MP1
Website http://www.megaport.com
Industry/Sector Internet Services & Infrastructure
Market Cap ($M) 2,166
MP1 Share Price $13.590
Day High $13.780
Day Low $13.300
Last Close $13.810
MP1 Share Price Movement $0.22 ( 1.59% )
Prices as at 16:40, 19 Apr 2024
+Security prices are delayed by at least 20 minutes and are indicative only.
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MP1 Related Research

Megaport Limited (MP1) Upcoming Dividends & Yields

There are no dividends for Megaport Limited (MP1). Please use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Megaport Limited (MP1) Recent ASX Announcements

Headline Annoucement date/time+ Price at announcement+ Current price+ Price 7D Avg Gain/Loss
Ceasing to be a substantial holder 18 Apr 2024 6:47PM $13.810 $13.590 $14.360 fallen by 1.59%
Becoming a substantial holder 16 Apr 2024 6:37PM $13.690 $13.590 $14.360 fallen by 0.73%
Investor Briefing Invitation 12 Apr 2024 9:12AM $14.360 $13.590 $14.360 fallen by 5.36%
  • + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.

See all ASX announcements from Megaport Limited (MP1) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.

MP1 Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2025F $33.59 $20.77 142.50% 66.49 0.00 0.00% 20.0%
2024F $13.85 $8.56 -238.70% 161.33 0.00 0.00% 20.0%
2023A -$9.77 -$6.18 -79.90% -104.78 0.00 0.00% 0.0%

MP1 Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2023 A 2024 F 2025 F 2023 A 2024 F 2025 F 2023 A 2024 F 2025 F
Macquarie Technology Group (MAQ) $1,837M 1.0870 0.4737 0.2187 92.2917 62.6279 51.3886 0.00% 0.00% 0.00%
Megaport (MP1) $2,210M -0.7992 0.0000 1.0471 0.0000 136.0157 66.4430 0.00% 0.00% 0.00%
NEXTDC (NXT) $8,004M -2.2073 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%

MP1 Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 198.40 17.10 1.50
Market 0.53 15.30 1.11 1.01
Sector 2.10 71.20 2.33 2.13

MP1 Directors

Name Position Start Date
Mr Michael Anthony Reid Chief Executive Officer, Executive Director 15 May 2023
Mr Bevan Andrew Slattery Non-Executive Chairman, Non-Executive Director, Interim Chief Executive Officer 27 Jul 2015
Ms Melinda Frances Snowden Non-Executive Director 1 Jun 2021
Mr Jay Adelson Non-Executive Director 1 Mar 2019
Ms Naomi Seddon Non-Executive Director 1 Jun 2019
Ms Glo Gordon Non-Executive Director 1 Jul 2021
Mr Michael Klayko Non-Executive Director 16 Mar 2021

Megaport Limited (MP1) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
4 Sep 2023 KLAYKO, Michael Sell Direct Shares 25,000 $12.160 $304,007.500
28 Aug 2023 SLATTERY, Bevan Exercise Options 33,334 $8.430 $281,005.620
28 Aug 2023 SLATTERY, Bevan Buy Direct Shares 33,334 $8.430 $281,005.620

See all changes in directors' interest & trades for Megaport Limited (MP1) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

MP1 Management

Name Position
Celia Pheasant Company Secretary

MP1 Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Megaport Limited (MP1). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding Name
38,118,007 (24.02%) HSBC Custody Nominees (Australia) Limited
19,042,326 (12%) Citicorp Nominees Pty Limited
18,709,253 (11.79%) J P Morgan Nominees Australia Pty Limited

FAQs about Megaport Limited (MP1)

Megaport Limited's (MP1) current share price is $13.59. This constitutes a price movement of 5.36% when compared to the share price 7 days ago and is -11.75% below MP1's 12-month high of $15.40 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $13.81, Megaport Limited's (MP1) current share price of $13.59 constitutes a movement of -$0.22 or -1.59%. Megaport Limited's (MP1) share price movement is -5.36% when compared to 7 days ago and is -11.75% below MP1's 52-week high of $15.40.

Megaport Limited's (MP1) 52-week high is $15.40 which was reached on 15 Mar 2024. Relative to this, MP1's current share price of $13.59 constitutes a -$1.81 or -11.75% drop since that high of $15.40 per MP1 share.

Megaport Limited's (MP1) 52-week low is $3.98 which was reached on 27 Apr 2023. Relative to this, MP1's current share price of $13.59 constitutes a $9.61 or 241.46% gain since that low of $3.98 per MP1 share.

Over the last 12 months, Megaport Limited (MP1) has a daily average trading volume of 1,128,702 MP1 shares per day.

Megaport Limited (MP1) has a current dividend yield of n/a this year. Last year's dividend yield was 0%. The dividend yield for MP1 is a ratio that tells you the percentage of Megaport Limited's (MP1) share price that it pays out in dividends each year.

Megaport Limited (MP1) has a franking level of 20%. Franking represents the tax Megaport Limited (MP1) has already paid on any profit it distributes to shareholders as a dividend.

Megaport Limited (MP1) will release its next Annual Report on n/a. Megaport Limited's (MP1) last annual report was released on 22 Aug 2023. Click here to view Megaport Limited's (MP1) last annual report.

Megaport Limited (MP1) is classified as Information Technology. Other companies in this sector include Wisetech Global Limited (WTC), Xero Limited (XRO), Altium Limited (ALU), and NEXTDC Limited (NXT).

The price-to-earnings (P/E) ratio for Megaport Limited (MP1) is 198.4. The price-to-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of Megaport Limited's (MP1) share price to its earnings per MP1 share.

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