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Mayfield Group Holdings Limited (AU:MYG)
ASX:MYG
Australian Market

Mayfield Group Holdings Limited (MYG) AI Stock Analysis

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AU

Mayfield Group Holdings Limited

(Sydney:MYG)

Rating:63Neutral
Price Target:
AU$1.00
▲(0.00%Upside)
The overall stock score reflects a strong financial performance characterized by solid revenue growth and cash efficiency. However, bearish technical indicators and moderate valuation metrics suggest caution. The lack of recent earnings call data and corporate events means these areas do not influence the score.

Mayfield Group Holdings Limited (MYG) vs. iShares MSCI Australia ETF (EWA)

Mayfield Group Holdings Limited Business Overview & Revenue Model

Company DescriptionMayfield Group Holdings Limited, together with its subsidiaries, provides electrical and telecommunications infrastructure products and services in Australia. It offers switchboards and transportable switch rooms for critical electrical infrastructure. The company also engages in the project management, engineering, design, manufacture, installation, and commissioning of electrical infrastructure. In addition, it provides electrical test and measurement instruments; generator, UPS, and battery products for critical power systems; and replacement, repair, and maintenance services. Further, the company manufactures protection systems and control panels for medium and high voltage systems, communication panels, and PLC and process control panels. Additionally, it engages in the design, site building, equipment supply, and installation of monopoles, towers, antennas, and masts, as well as network commissioning, project management, and onsite maintenance support. The company was founded in 1936 and is based in Edinburgh, Australia.
How the Company Makes MoneyMayfield Group Holdings Limited generates revenue through its comprehensive suite of engineering services. The company's key revenue streams include design and installation projects for electrical systems, ongoing maintenance contracts, and manufacturing of electrical components. MYG collaborates with various industries, notably infrastructure and resources, to deliver tailored solutions that meet specific client needs. These partnerships and the company's reputation for quality and reliability in delivering high-voltage and complex engineering projects significantly contribute to its earnings.

Mayfield Group Holdings Limited Financial Statement Overview

Summary
Mayfield Group Holdings Limited exhibits a strong financial profile with impressive revenue growth and efficient cash generation, underpinning a solid operating performance. The balance sheet is robust, with low leverage and high equity, enhancing financial stability. Despite a slight decrease in net profit margin, the overall profitability remains healthy. The company's ability to convert earnings into cash effectively positions it well for future investments and potential growth opportunities.
Income Statement
78
Positive
Mayfield Group Holdings Limited has shown robust revenue growth with a 10.2% increase in total revenue from 2023 to 2024. The gross profit margin improved significantly to 49.8% in 2024, indicating efficient cost management. However, the net profit margin decreased from 7.5% to 6.0%, reflecting pressure on profitability despite higher sales. The company also achieved a healthy EBITDA margin of 8.1%, which is a good indicator of operational efficiency.
Balance Sheet
82
Very Positive
The balance sheet reflects a solid financial position, characterized by a low debt-to-equity ratio of 0.10, suggesting low leverage and financial risk. The return on equity stands at 14.9%, showing effective use of shareholder funds to generate profit. Additionally, the equity ratio is strong at 59.5%, indicating a significant portion of assets are financed by equity, enhancing financial stability.
Cash Flow
85
Very Positive
Cash flow analysis reveals strong cash generation, with a free cash flow growth rate of 97.8% from 2023 to 2024, suggesting improved cash efficiency. The operating cash flow to net income ratio is 3.15, indicating robust cash earnings compared to accounting profits. The free cash flow to net income ratio of 2.99 further highlights the company's ability to convert its earnings into free cash flow effectively.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue98.93M85.52M77.58M82.03M60.63M682.41K
Gross Profit28.82M42.57M8.42M36.60M31.30M-54.31M
EBITDA6.66M6.97M6.37M-428.12K5.05M808.15K
Net Income4.31M5.10M5.80M-1.81M764.74K-1.16M
Balance Sheet
Total Assets56.99M57.35M49.12M43.88M41.54M3.39M
Cash, Cash Equivalents and Short-Term Investments11.38M16.32M4.95M2.64M1.39M2.77M
Total Debt2.84M3.26M3.86M8.55M7.87M4.04M
Total Liabilities22.55M23.20M19.32M22.48M23.62M418.94K
Stockholders Equity34.43M34.15M29.80M21.40M17.92M2.97M
Cash Flow
Free Cash Flow6.05M15.27M7.72M773.19K-9.93M-1.38M
Operating Cash Flow6.81M16.07M8.63M1.75M-505.42K-353.87K
Investing Cash Flow-718.92K-331.37K-848.81K2.39M-5.31M1.63M
Financing Cash Flow-3.39M-4.36M-5.48M-2.89M4.55M-1.05M

Mayfield Group Holdings Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.00
Price Trends
50DMA
1.06
Negative
100DMA
1.04
Negative
200DMA
0.89
Positive
Market Momentum
MACD
-0.01
Positive
RSI
37.09
Neutral
STOCH
18.18
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MYG, the sentiment is Negative. The current price of 1 is below the 20-day moving average (MA) of 1.07, below the 50-day MA of 1.06, and above the 200-day MA of 0.89, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 37.09 is Neutral, neither overbought nor oversold. The STOCH value of 18.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MYG.

Mayfield Group Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (56)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUCOS
71
Outperform
AU$112.83M12.3312.90%3.23%23.66%-7.71%
AUMYG
63
Neutral
AU$93.28M21.3213.02%2.00%32.93%-41.23%
56
Neutral
HK$13.54B4.87-5.76%5.64%8.06%-42.52%
AUELS
54
Neutral
AU$295.33M
31.98%-5.15%
AUASV
AU$28.29M95.005.39%
AUBCC
53
Neutral
AU$11.67M-127.39%-17.08%-2263.16%
AUVR1
52
Neutral
AU$72.46M-44.01%21.55%64.76%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MYG
Mayfield Group Holdings Limited
1.00
0.35
53.85%
AU:ELS
Elsight Ltd.
1.46
0.99
210.64%
AU:ASV
Asset Vision
0.04
0.02
100.00%
AU:VR1
Vection Technologies Ltd.
0.04
0.02
100.00%
AU:COS
Cosol Limited
0.62
-0.52
-45.61%
AU:BCC
Beam Communications Holdings Limited
0.14
>-0.01
-6.67%

Mayfield Group Holdings Limited Corporate Events

Mayfield Group Holdings Issues New Shares, Complies with Legal Provisions
Jul 3, 2025

Mayfield Group Holdings Limited has announced the issuance of 468,905 ordinary shares as of July 3, 2025, without the need for disclosure under Part 6D.2 of the Corporations Act. This move indicates the company’s compliance with relevant legal provisions and suggests a strategic financial maneuver that could potentially impact its market positioning and stakeholder interests.

Mayfield Group Holdings Expands Market Presence with New Securities Quotation
Jul 3, 2025

Mayfield Group Holdings Limited has announced the quotation of 468,905 ordinary fully paid securities on the ASX, effective July 3, 2025. This move is part of the company’s strategy to enhance its market presence and liquidity, potentially impacting its operational capabilities and offering new opportunities for stakeholders.

Mayfield Group Issues 170,000 Shares, Ensures Regulatory Compliance
Jun 26, 2025

Mayfield Group Holdings Limited has issued 170,000 ordinary shares without disclosure under the Corporations Act, indicating compliance with relevant legal provisions. This strategic move reflects the company’s adherence to regulatory standards, potentially strengthening its market position and reassuring stakeholders of its operational transparency.

Mayfield Group Holdings Expands Market Presence with New Securities Quotation
Jun 26, 2025

Mayfield Group Holdings Limited has announced the quotation of 170,000 new ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code MYG. This move is part of the company’s strategy to enhance its market presence and provide additional liquidity to its shareholders, potentially strengthening its position within the industry.

Mayfield Group Holdings Completes Final On-Market Share Buy-Back
Jun 4, 2025

Mayfield Group Holdings Limited has announced the completion of a final on-market buy-back of its ordinary shares, as indicated in their latest notification to the Australian Securities Exchange (ASX). This strategic move is part of the company’s efforts to manage its capital structure effectively. The buy-back could potentially lead to a reduction in the number of shares available in the market, which may increase the value of remaining shares and benefit shareholders.

Mayfield Group Announces Proposed Securities Issue
Jun 1, 2025

Mayfield Group Holdings Limited has announced a proposed issue of 1,893,940 ordinary fully paid securities, scheduled for August 15, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s market positioning by increasing its capital base, which could enhance its operational capabilities and provide more resources for strategic initiatives.

Mayfield Group Expands with BE Switchcraft Acquisition
Jun 1, 2025

Mayfield Group Holdings Limited has announced the acquisition of BE Switchcraft Pty Ltd, a South Australian electrical switchboard manufacturer. This strategic move, valued at $7 million, aims to enhance Mayfield’s manufacturing capabilities and expand its market reach by integrating BE Switchcraft’s expertise in lighting control and room automation. The acquisition is expected to strengthen Mayfield’s competitive position in the Australian market by offering comprehensive, locally manufactured power solutions, and is anticipated to provide immediate earnings accretion for shareholders and growth opportunities in the commercial sector.

Mayfield Group Holdings Announces Director Departure
May 15, 2025

Mayfield Group Holdings Limited has announced the cessation of Sue Chase as a director, effective May 15, 2025. This update is part of the company’s compliance with ASX listing rules, indicating no relevant interests in securities held by the departing director, which suggests minimal immediate impact on the company’s operations or market position.

Sue Chase Steps Down from Mayfield Group Board to Lead Regional Development
May 15, 2025

Mayfield Group Holdings Ltd announced that Sue Chase AM is stepping down from her role as Non-Executive Director to focus on her position as Chair of Regional Development Australia Eyre Peninsula. Sue Chase’s departure marks a significant transition for Mayfield, as her leadership and industry knowledge have been instrumental in the company’s strategic positioning in AI growth and electrification. The company will begin searching for a suitable replacement, while stakeholders anticipate continued growth and success under new leadership.

Mayfield Group Secures $27 Million in Data Center Contracts
Apr 9, 2025

Mayfield Group Holdings Limited has secured $27 million in contracts to supply over 90 switchboards for a major Australian data center development, boosting its work-in-hand to $125 million, extending into FY27. This development strengthens Mayfield’s position in the growing data center sector, driven by increasing AI computing demands, and aligns with the company’s strategy to capitalize on Australia’s digital transformation and energy transition, ensuring robust revenue growth and industry positioning.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 02, 2025