MYSTATE LIMITED (MYS)
Share Price Analysis and Chart

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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

$4.11

29 Nov
2024

0.030

OPEN

$4.08

0.74%

HIGH

$4.12

234,029

LOW

$4.04

TARGET
$4.74 15.3% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ABA . AFG . ANZ . BEN . BOQ . CBA . HLI . NAB . RMC . SUN . WBC .
FNARENA'S MARKET CONSENSUS FORECASTS
MYS: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 32.0 31.6 xxx
DPS (cps) xxx 23.0 23.5 xxx
EPS Growth xxx - 9.7% - 1.3% xxx
DPS Growth xxx 0.0% 2.2% xxx
PE Ratio xxx N/A 13.0 xxx
Dividend Yield xxx N/A 5.7% xxx
Div Pay Ratio(%) xxx 71.8% 74.4% xxx

Dividend yield today if purchased 3 years ago: 4.89%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.60

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 © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx32.0
DPS All xxxxxxxxxxxxxxx23.0
Sales/Revenue xxxxxxxxxxxxxxx506.8 M
Book Value Per Share xxxxxxxxxxxxxxx420.4
Net Operating Cash Flow xxxxxxxxxxxxxxx31.3 M
Net Profit Margin xxxxxxxxxxxxxxx6.96 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx7.65 %
Return on Invested Capital xxxxxxxxxxxxxxx1.68 %
Return on Assets xxxxxxxxxxxxxxx0.39 %
Return on Equity xxxxxxxxxxxxxxx7.65 %
Return on Total Capital xxxxxxxxxxxxxxx2.07 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx8.5 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx532 M
Long Term Debt xxxxxxxxxxxxxxx1,780 M
Total Debt xxxxxxxxxxxxxxx2,312 M
Goodwill - Gross xxxxxxxxxxxxxxx65 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx115 M
Price To Book Value xxxxxxxxxxxxxxx0.89

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx12.5 M
Capex % of Sales xxxxxxxxxxxxxxx2.46 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx51 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx808 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

29/11/2024

1

Buy

$4.74

15.33%

Ord Minnett believes there are no issues negatively impacting on potential merger synergies for Mystate from Auswide Bank announcing the shareholder merger scheme vote will now be rescheduled to February 3, 2025 from December 2, 2024.

Management at Austwide stated the delay will allow sufficient time for merger approvals to be gained from the Treasurer and APRA.

The Buy rating and $4.74 target are maintained.

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 23.50 cents and EPS of 31.60 cents.
Ord Minnett forecasts a full year FY26 dividend of 28.00 cents and EPS of 38.40 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

FNArena News on MYS

1
Weekly Ratings, Targets, Forecast Changes – 23-08-24

Aug 26 2024 - Weekly Reports
2
FNArena Corporate Results Monitor – 22-08-2024

Aug 22 2024 - Australia
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Weekly Ratings, Targets, Forecast Changes – 19-07-24

Jul 22 2024 - Weekly Reports
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Better Value In Smaller Banks?

Jun 03 2024 - Small Caps
5
FNArena Corporate Results Monitor – 26-02-2024

Feb 26 2024 - Australia

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