Microequities Asset Management Group Ltd. (MAM) AI Stock Analysis

• Market Cap: AU$65.98M
• Dividend Yield: 7.52%
• Average Volume (3M): 20.82K
• Price to Earnings (P/E): 8.8
• Beta (1Y): 0.98
• Revenue Growth: 19.50%
• EPS Growth: 31.19%
• Country: AU
• Employees: N/A
• Sector: Financial
• Sector Strength: 73
• Industry: Asset Management
• EPS (TTM): 0.04
• Shares Outstanding: 132,705,470
• 10 Day Avg. Volume: 32,965
• 30 Day Avg. Volume: 20,820
• PEG Ratio: -0.09
• Price to Book (P/B): 2.84
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.51
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: AU$0.50 ▲(0.00%Upside)

The stock is rated favorably due to its robust financial performance and attractive valuation, with a solid dividend yield and low P/E ratio. However, the technical indicators suggest a neutral market sentiment, which tempers the overall score.

Microequities Asset Management Group Ltd. Business Overview & Revenue Model

Company Description

Microequities Asset Management Group Limited provides investment funds management services to high net worth and wholesale investors. The company was formerly known as Microequities Ltd. Microequities Asset Management Group Limited was incorporated in 2004 and is based in Sydney, Australia.

How the Company Makes Money

Microequities Asset Management Group Ltd. generates revenue primarily through management fees and performance fees associated with the funds it manages. Management fees are typically calculated as a percentage of the total assets under management (AUM), providing a steady income stream based on the size of the investment portfolios. Performance fees, on the other hand, are contingent on the funds achieving certain performance benchmarks, providing an incentive to maximize investor returns. The company's earnings are influenced by its ability to attract and retain investors, the performance of its investment strategies, and the overall economic environment. Significant partnerships with financial advisors and distribution networks also help expand its reach and client base, contributing to its revenue growth.

Microequities Asset Management Group Ltd. Financial Statement Overview

Summary

Microequities Asset Management Group Ltd. demonstrates strong financial health with robust profitability margins, prudent balance sheet management, and consistent cash flow generation. The company is well-positioned for sustainable growth, although attention is needed to maintain revenue momentum and manage asset stability.

Income Statement

Microequities Asset Management Group Ltd. shows strong profitability with a solid gross profit margin and consistent net income growth. The company demonstrated a revenue growth rate of 10.62% in the latest year, indicating healthy top-line expansion. The EBIT and EBITDA margins are robust, reflecting efficient operations. However, the decline in total revenue from 2022 to 2023 is a concern that could impact future growth.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio, reflecting prudent financial management. The company has a healthy equity ratio of 73.83%, indicating strong capital structure. Return on equity is impressive, showing good profitability relative to equity. However, the decrease in total assets over the years might limit future investment opportunities.

Cash Flow

Cash flow performance is excellent, with consistent free cash flow generation supporting operations. The operating cash flow to net income ratio is solid, ensuring profitability translates to cash generation. Free cash flow growth has been positive, enhancing financial flexibility. However, fluctuations in investing cash flow suggest potential volatility in future cash reserves.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
16.58M	12.90M	11.67M	25.28M	20.55M	7.68M
	Gross Profit
13.43M	9.93M	11.43M	25.07M	20.29M	7.41M
	EBIT
12.98M	9.43M	8.00M	18.12M	19.21M	4.78M
	EBITDA
12.30M	8.74M	8.24M	18.33M	19.47M	5.04M
	Net Income Common Stockholders
7.49M	5.99M	5.66M	14.11M	14.01M	3.34M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.78M	9.72M	6.41M	7.18M	12.06M	3.69M
	Total Assets
30.49M	28.44M	21.72M	20.69M	24.18M	10.67M
	Total Debt
4.21M	5.28M	553.69K	715.83K	88.60K	134.31K
	Net Debt
-2.57M	-4.22M	-5.64M	-6.01M	-11.73M	-3.55M
	Total Liabilities
7.02M	7.36M	2.22M	1.86M	4.21M	1.05M
	Stockholders Equity
23.45M	21.00M	19.50M	18.84M	19.97M	9.62M
Cash Flow		Free Cash Flow
8.71M	6.15M	5.95M	14.20M	14.01M	4.06M
	Operating Cash Flow
8.71M	6.15M	5.95M	14.20M	14.01M	4.06M
	Investing Cash Flow
-5.50M	-2.60M	-659.67K	-4.21M	-800.00K	-1.85M
	Financing Cash Flow
-2.93M	-248.83K	-5.82M	-15.07M	-4.84M	-3.20M

Microequities Asset Management Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.50
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MAM, the sentiment is Negative. The current price of 0.5 is below the 20-day moving average (MA) of 0.51, above the 50-day MA of 0.50, and below the 200-day MA of 0.51, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 48.07 is Neutral, neither overbought nor oversold. The STOCH value of 68.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MAM.

Microequities Asset Management Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAM	70 Outperform	AU$65.98M	8.83	34.01%	7.52%	19.50%	31.19%
Sector *	64 Neutral	$12.77B	9.71	7.85%	78.05%	12.07%	-7.97%
IOOFF		$1.53B	―	-7.21%	2.66%	―	―
NNA		€818.66M	6.00	23.27%	8.16%	―	―
PVQ		€1.16B	―	-24.47%	6.95%	―	―
PIJ		€167.81M	10.18	9.63%	11.97%	―	―
AFOVF			31.61	3.68%	3.82%	―	―

Microequities Asset Management Group Ltd. Corporate Events

Microequities Announces Change of Share Registry Address

Microequities Asset Management Group Limited has announced a change in its share registry address, effective from April 14, 2025. The new address will be at MUFG Corporate Markets (AU) Limited, Liberty Place, Level 41, 161 Castlereagh Street, Sydney NSW 2000. This change is part of routine administrative updates and does not affect the company’s telephone numbers, email, or postal addresses. The announcement is expected to have minimal impact on the company’s operations and stakeholders.