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

• Market Cap: AU$76.43M
• Dividend Yield: 6.67%
• Average Volume (3M): 32.55K
• Price to Earnings (P/E): 10.7
• Beta (1Y): 1.23
• Revenue Growth: 22.67%
• EPS Growth: 19.47%
• Country: AU
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.02
• Shares Outstanding: 132,705,470
• 10 Day Avg. Volume: 15,316
• 30 Day Avg. Volume: 32,547
• PEG Ratio: 0.42
• Price to Book (P/B): 2.71
• Price to Sales (P/S): 4.20
• P/FCF Ratio: 6.95
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: AU$0.50 ▼(-13.79% Downside)

The overall stock score is primarily influenced by strong financial performance and attractive valuation. The company's profitability and solid balance sheet are significant strengths, while the low P/E ratio and high dividend yield enhance its appeal. However, technical indicators suggest bearish momentum, which slightly offsets the positive financial and valuation aspects.

Positive Factors

Strong Profitability

High profit margins indicate efficient operations and cost management, supporting long-term financial health and potential for reinvestment.

Solid Balance Sheet

A strong balance sheet with low leverage enhances financial stability, providing flexibility for future growth opportunities and resilience in downturns.

Stable Cash Flow

Stable cash flow supports ongoing operations and potential investments, ensuring the company can meet obligations and fund strategic initiatives.

Negative Factors

Declining Revenue Growth

Declining revenue growth can hinder long-term expansion and market competitiveness, potentially impacting profitability and investor confidence.

Decreased Return on Equity

Decreased return on equity suggests reduced efficiency in generating profits from shareholders' equity, which may affect investor returns and valuation.

Modest Free Cash Flow Growth

Modest free cash flow growth limits the company's ability to build cash reserves, potentially constraining investment in growth initiatives and strategic flexibility.

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 and performance fees associated with the investment funds it manages. The company charges a management fee based on the assets under management (AUM), which provides a steady source of income as it grows its client base and AUM. Additionally, MAM earns performance fees when its investment returns exceed predetermined benchmarks, aligning its interests with those of its investors. The firm may also engage in strategic partnerships with financial advisors and institutions to expand its distribution channels and attract more investments, further enhancing its revenue streams.

Microequities Asset Management Group Ltd. Financial Statement Overview

Summary

Microequities Asset Management Group Ltd. demonstrates strong profitability and a solid balance sheet with low leverage. Despite these strengths, the company faces challenges with declining revenue growth. The cash flow remains stable, supporting ongoing operations and potential investments.

Income Statement

Microequities Asset Management Group Ltd. has shown strong profitability with high gross and net profit margins. However, the revenue growth rate has been negative in recent years, indicating a decline in sales. The EBIT and EBITDA margins remain robust, suggesting efficient cost management.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio, indicating low financial leverage. The equity ratio is strong, reflecting a solid capital structure. However, the return on equity has decreased from previous years, which may indicate a decline in profitability relative to equity.

Cash Flow

The cash flow position is stable with a positive free cash flow growth rate. The operating cash flow to net income ratio is strong, indicating efficient cash generation relative to earnings. However, the free cash flow growth has been modest, suggesting limited expansion in cash reserves.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	16.58M	15.11M	12.90M	11.67M	25.28M	20.55M
Gross Profit	13.43M	14.75M	9.93M	11.43M	25.07M	20.29M
EBITDA	12.30M	11.64M	8.74M	8.24M	18.33M	19.47M
Net Income	7.49M	7.15M	5.99M	5.66M	14.11M	14.01M
Balance Sheet
Total Assets	30.49M	29.77M	28.44M	21.72M	20.69M	24.18M
Cash, Cash Equivalents and Short-Term Investments	6.78M	5.03M	9.72M	6.41M	7.18M	12.06M
Total Debt	4.21M	3.56M	5.28M	553.69K	715.83K	88.60K
Total Liabilities	7.02M	6.40M	7.36M	2.22M	1.86M	4.21M
Stockholders Equity	23.45M	23.38M	21.00M	19.50M	18.84M	19.97M
Cash Flow
Free Cash Flow	8.71M	9.13M	6.15M	5.95M	14.20M	14.01M
Operating Cash Flow	8.71M	9.13M	6.15M	5.95M	14.20M	14.01M
Investing Cash Flow	-5.50M	-4.70M	-2.60M	-659.67K	-4.21M	-800.00K
Financing Cash Flow	-2.93M	-9.12M	-248.83K	-5.82M	-15.07M	-4.84M

Microequities Asset Management Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.58
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• 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 Positive. The current price of 0.58 is below the 20-day moving average (MA) of 0.58, above the 50-day MA of 0.56, and above the 200-day MA of 0.53, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 51.09 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
SB2	76 Outperform	AU$59.70M	19.67	3.57%	6.98%	30.36%	-31.47%
MAM	72 Outperform	AU$76.43M	10.71	32.22%	6.67%	22.67%	19.47%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CAF	60 Neutral	AU$80.10M	14.86	15.40%	7.79%	13.65%	-33.93%
PFG	55 Neutral	AU$57.80M	12.03	8.35%	7.38%	21.16%	47.24%

Microequities Asset Management Group Ltd. Corporate Events

Microequities Reports Strong November Performance

Microequities Asset Management Group Limited reported a strong financial performance for November, driven by robust investment results, particularly in the Pure Microcap Value Fund, and the final performance payment from a special purpose vehicle. This resulted in an operating profit of approximately $1.9 million for the month and $5.3 million for the first five months of FY26, showcasing an improvement from the previous year’s comparable period. The income includes significant performance fees, which are inherently volatile and non-recurring, indicating potential variability in future earnings. The first half FY26 results will be released on 13 February 2026.

Microequities Announces On-Market Buy-Back to Optimize Capital Structure

Microequities Asset Management Group Ltd. has announced an on-market buy-back of its ordinary fully paid securities, as per the notification dated November 25, 2025. This strategic move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value, reflecting a proactive approach in managing its equity base.

Microequities Reports Strong FY25 Performance Amid Market Challenges

Microequities Asset Management Group Limited reported a strong financial performance for FY25, with a 9.3% increase in revenue and a 19.3% rise in profit after tax, despite challenging market conditions for microcap stocks. The company’s success is attributed to its disciplined investment strategy and the resilience of its investors, which helped maintain fund levels and achieve significant profit growth. The firm is optimistic about future opportunities in the microcap sector and has expanded its product offerings to include alternative investments, positioning itself well for continued growth.

Microequities Appoints New Director with Significant Shareholding

Microequities Asset Management Group Ltd. has announced the appointment of Christopher John Nasser as a director, effective September 22, 2025. Mr. Nasser holds 805,712 ordinary shares through BCDO Pty Ltd, where he serves as a director. This appointment may influence the company’s strategic direction and could have implications for its stakeholders, given Mr. Nasser’s significant shareholding.

Microequities Appoints New Independent Non-Executive Director

Microequities Asset Management Group Limited has appointed Christopher John Nasser as an Independent Non-Executive Director, effective 22 September 2025. With two decades of experience in funds management and alternative asset strategies, Nasser’s expertise, particularly in technology, property, and hospitality sectors, is expected to enhance the company’s strategic direction and strengthen its board’s capabilities.