MYSTATE LIMITED (MYS)
Share Price Analysis and Chart

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MYS

MYS - MYSTATE LIMITED

FNArena Sector : Banks
Year End: June
GICS Industry Group : Banks
Debt/EBITDA: N/A
Index: ASX300 | ALL-ORDS

MyState is an Australian financial services provider through its brands MyState Bank and TPT Wealth. The company was formed and listed in 2009 following the merger of MyState Financial and TPT Wealth Ltd.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.29

29 Aug
2025

0.040

OPEN

$4.27

0.94%

HIGH

$4.31

189,194

LOW

$4.21

TARGET
$4.58 6.8% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AFG . ANZ . BEN . BOQ . CBA . HLI . NAB . RMC . SUN . WBC .
FNARENA'S MARKET CONSENSUS FORECASTS
MYS: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 26.4 31.7 xxx
DPS (cps) xxx 21.5 24.0 xxx
EPS Growth xxx - 17.6% 20.1% xxx
DPS Growth xxx - 6.5% 11.6% xxx
PE Ratio xxx N/A 13.5 xxx
Dividend Yield xxx N/A 5.6% xxx
Div Pay Ratio(%) xxx 81.4% 75.7% xxx

Dividend yield today if purchased 3 years ago: 5.54%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.01

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 22/08 - ex-div 11.50c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx26.4
DPS All xxxxxxxxxxxxxxx21.5
Sales/Revenue xxxxxxxxxxxxxxx638.7 M
Book Value Per Share xxxxxxxxxxxxxxx435.3
Net Operating Cash Flow xxxxxxxxxxxxxxx29.7 M
Net Profit Margin xxxxxxxxxxxxxxx5.57 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx5.92 %
Return on Invested Capital xxxxxxxxxxxxxxx1.40 %
Return on Assets xxxxxxxxxxxxxxx0.29 %
Return on Equity xxxxxxxxxxxxxxx5.92 %
Return on Total Capital xxxxxxxxxxxxxxx1.76 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx1.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx1,313 M
Long Term Debt xxxxxxxxxxxxxxx2,084 M
Total Debt xxxxxxxxxxxxxxx3,397 M
Goodwill - Gross xxxxxxxxxxxxxxx78 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx322 M
Price To Book Value xxxxxxxxxxxxxxx0.97

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx6.3 M
Capex % of Sales xxxxxxxxxxxxxxx0.98 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx63 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1,532 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

20/08/2025

1

Buy

$4.58

6.76%

Mystate reported an in line result according to Ord Minnett, with both profit and final dividend meeting expectations.

The flat Mystate results were offset by a rebound in earnings from the merged Auswide business against lower TPT Wealth earnings.

Commentary suggests synergies from the Auswide merger should accelerate in FY27 and FY28 as the cost of integration pulls back.

Ord Minnett tweaks its earnings forecast to reflect back-end synergies, with FY26 up 4% and FY27 down -1%.

Buy. Target price $4.58.

Mystate is viewed as an appealing income stock with a high fully franked yield of 5.2%, with dividend growth above peer banks and small caps over the next three years.

FORECAST
Ord Minnett forecasts a full year FY26 dividend of 24.00 cents and EPS of 31.70 cents.
Ord Minnett forecasts a full year FY27 dividend of 28.50 cents and EPS of 38.00 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

MYS STOCK CHART

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FNArena Corporate Results Monitor – 22-08-2024

Aug 22 2024 - Australia
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Jul 22 2024 - Weekly Reports

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