MCP Master Income Trust (MXT) - Research

$2.060

MXT General Information +

ASX Code MXT
Website http://www.metrics.com.au
GICS Sub-Industry Asset Management & Custody Banks
Market Cap ($M) 748
Current Price $2.060
Day High $2.080
Day Low $2.060
Last Close $2.060
Price Movement - ( No change )
Prices as at 16:40, 22 Jul 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

MXT Company Overview

Business Description

MCP Master Income Trust (MXT) will provide investors with direct exposure to the Australian corporate loan market, a market which is dominated by regulated banks and is largely inaccessible to non-bank investors. The trust specializes in direct lending and private debt market investments. The Company offers lending solutions for a range of activities by corporate, project and infrastructure, real estate, and structured finance borrowers. MCP Master Income Trust serves customers in Australia.

MXT Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 21.27 7.30 0.00% 27.90 7.00 3.40% 0.0%
2017 A 0.00 0.00 0.00% 0.00 0.00 0.00% 0.0%

MXT Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2017 A 2018 A 2017 A 2018 A 2017 A 2018 A
Magellan Financial Group (MFG) $10,271M 0.3568 0.2415 0.0692 37.4653 30.1769 28.2238 2.32% 2.98% 3.17%
MCP Master Income Trust (MXT) $1,319M 0.0000 0.0000 0.0000 28.3951 0.0000 0.0000 3.37% 0.00% 0.00%
Netwealth Group (NWL) $1,861M 0.0000 0.7112 0.3444 92.6627 54.1494 40.2778 0.69% 1.46% 1.95%
Pendal Group (PDL) $2,366M 0.1207 -0.2846 0.1059 10.3233 14.4298 13.0481 6.99% 6.15% 6.49%
Platinum Asset Mgmt (PTM) $2,793M 0.0325 -0.1572 0.0348 14.5255 17.2339 16.6550 6.72% 5.67% 5.78%

MXT Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 28.30 1.04 0.00
Market 0.65 14.70 1.18 1.04
Sector 0.95 13.90 1.04 2.41

MXT Directors

Name Position Start Date
Mr Andrew John McIver Alternate Director 1 Jan 0001
Mr Phillip Anthony Blackmore Alternate for Christopher Green, Alternate Director 6 Jul 2018
Ms Vicki Riggio Non-Executive Director 24 Nov 2017
Mr Glenn Stephen Foster Non-Executive Director 27 Jul 2015
Mr Michael Henry Vainauskas Non-Executive Director 2 Mar 2015
Mr Richard Lyn McCarthy Non-Executive Director 17 Oct 2018

MXT Management

Name Position
Gananatha Nayanajith Minithantri Additional Company Secretary
Eleanor Padman Joint Company Secretary
Sylvie Dimarco Joint Company Secretary

MXT Calendar of Events

Date Event
21 February 2020 Report (Interim)
29 August 2019 Report (Annual)
29 August 2019 Report (Prelim)

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