Mayfield Group Holdings Limited (MYG) AI Stock Analysis

• Market Cap: AU$308.71M
• Dividend Yield: 1.17%
• Average Volume (3M): 37.47K
• Price to Earnings (P/E): 37.6
• Beta (1Y): 0.73
• Revenue Growth: 37.80%
• EPS Growth: 28.88%
• Country: AU
• Employees: 187
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): 0.05
• Shares Outstanding: 113,494,560
• 10 Day Avg. Volume: 59,103
• 30 Day Avg. Volume: 37,468
• PEG Ratio: 0.51
• Price to Book (P/B): 2.83
• Price to Sales (P/S): 0.83
• P/FCF Ratio: 11.17
• 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: AU$2.30
• Price Target Upside: -15.44% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: AU$3.00 ▲(10.29% Upside)

Mayfield Group Holdings Limited demonstrates strong financial performance with robust revenue growth and efficient cost management. The technical analysis indicates bullish momentum, though caution is advised due to overbought signals. The valuation suggests the stock may be overvalued, which could limit upside potential.

Positive Factors

Revenue Growth

Strong revenue growth indicates a successful business model and expanding market presence, which supports long-term sustainability.

Balance Sheet Strength

A strong balance sheet with low leverage enhances financial stability and provides flexibility for future investments and growth.

Cash Flow Generation

Robust cash flow generation supports operational needs and strategic initiatives, ensuring the company can capitalize on growth opportunities.

Negative Factors

Profitability Margins

Modest profitability margins indicate potential challenges in cost management or pricing power, which could affect long-term earnings.

Valuation Concerns

High valuation ratios can limit future stock price appreciation and may reflect overly optimistic market expectations.

Dividend Yield

A low dividend yield may not attract income-focused investors, potentially limiting the stock's appeal in the market.

Mayfield Group Holdings Limited Business Overview & Revenue Model

Company Description

Mayfield 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 Money

Mayfield Group Holdings Limited generates revenue through several key streams. Primarily, the company earns income from real estate investments, including rental income and property appreciation. In addition, MYG engages in technology ventures, where it monetizes software and applications through licensing fees and subscription models. The financial services sector contributes further by offering advisory services and financial products, which generate commission and fee-based income. Strategic partnerships with other firms enhance MYG's market presence and allow for collaborative ventures, providing additional revenue opportunities through joint projects and shared investments.

Mayfield Group Holdings Limited Financial Statement Overview

Summary

Mayfield Group Holdings Limited exhibits strong financial health with robust revenue growth and efficient cost management. The balance sheet is solid with low leverage and high return on equity. Cash flow generation is strong, supporting the company's operational and strategic initiatives. However, there is potential to enhance profitability margins further.

Income Statement

Mayfield Group Holdings Limited has demonstrated strong revenue growth, with a 19.42% increase in the latest year. The gross profit margin is healthy at 45.61%, indicating efficient cost management. The net profit margin is modest at 5.72%, suggesting room for improvement in profitability. EBIT and EBITDA margins are stable, reflecting consistent operational performance.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.07, indicating low financial leverage and reduced risk. Return on equity is robust at 19.49%, showcasing effective use of equity capital. The equity ratio of 52.60% signifies a solid equity base relative to total assets.

Cash Flow

Cash flow performance is commendable, with a significant free cash flow growth rate of 45.14%. The operating cash flow to net income ratio of 1.41 indicates strong cash generation relative to net income. The free cash flow to net income ratio of 0.92 suggests efficient conversion of earnings into cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	118.14M	118.14M	85.52M	77.58M	82.03M	60.63M
Gross Profit	53.88M	53.88M	42.57M	41.74M	36.60M	31.30M
EBITDA	10.44M	10.44M	6.97M	6.30M	-428.12K	5.05M
Net Income	6.76M	6.76M	5.10M	5.80M	-1.81M	2.58M
Balance Sheet
Total Assets	65.95M	65.95M	57.35M	49.12M	43.88M	41.54M
Cash, Cash Equivalents and Short-Term Investments	16.92M	16.92M	16.32M	4.95M	2.64M	1.39M
Total Debt	2.33M	2.33M	3.26M	3.86M	8.55M	7.87M
Total Liabilities	31.26M	31.26M	23.20M	19.32M	22.48M	23.62M
Stockholders Equity	34.69M	34.69M	34.15M	29.80M	21.40M	17.92M
Cash Flow
Free Cash Flow	8.78M	8.78M	15.27M	7.72M	773.19K	-9.93M
Operating Cash Flow	9.51M	9.51M	16.07M	8.63M	1.75M	-505.42K
Investing Cash Flow	-708.19K	-708.19K	-331.37K	-848.81K	2.39M	-5.31M
Financing Cash Flow	-8.20M	-8.20M	-4.36M	-5.48M	-2.89M	4.55M

Mayfield Group Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.72
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MYG, the sentiment is Positive. The current price of 2.72 is above the 20-day moving average (MA) of 2.55, above the 50-day MA of 2.18, and above the 200-day MA of 1.40, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 62.87 is Neutral, neither overbought nor oversold. The STOCH value of 80.51 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MYG.

Mayfield Group Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MYG	70 Outperform	AU$308.71M	37.62	19.64%	1.17%	37.80%	28.88%
COS	66 Neutral	AU$81.44M	10.22	10.79%	4.85%	14.59%	-11.13%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
ELS	49 Neutral	AU$673.94M	-108.87	―	―	191.25%	19.43%
VR1	42 Neutral	AU$67.42M	-5.00	-70.54%	―	9.67%	31.03%
BCC	38 Underperform	AU$6.91M	-0.51	-135.89%	―	-21.60%	-657.00%

Mayfield Group Holdings Limited Corporate Events

Mayfield Group Holdings Limited Announces Quotation of New Securities

Mayfield Group Holdings Limited has announced the quotation of 1,578,767 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code MYG. This move is part of a transaction previously announced to the market, reflecting the company’s ongoing efforts to enhance its market presence and liquidity. The issuance of these securities may impact the company’s operations by potentially increasing its capital base, thereby supporting future growth initiatives and strengthening its position within the industry.

Mayfield Group Completes Oversubscribed Share Purchase Plan

Mayfield Group Holdings Limited has successfully completed its share purchase plan, receiving strong shareholder support with over $5 million in applications, exceeding the offer size of $3 million. As a result, the company implemented a scale-back of applications to ensure fairness, issuing 1,578,767 new shares, which will begin trading on the ASX on December 4, 2025. This move reflects robust investor confidence and positions Mayfield for further growth in its market.

Mayfield Group Issues New Employee Stock Options

Mayfield Group Holdings Limited announced the issuance of 415,750 unquoted equity securities as part of their 2025 Employee Stock Option Plan (ESOP). This move is part of an employee incentive scheme and these securities are not intended to be quoted on the ASX, indicating a strategic effort to retain and motivate employees without immediate market implications.

Director’s Share Disposal at Mayfield Group Holdings

Mayfield Group Holdings Limited announced a change in the interest of its director, Alan Steele. The company disclosed that Steele disposed of 5,000,000 ordinary shares, valued at $11,580,000, through an on-market sale, reducing his holdings to 5,000,000 shares. This transaction may impact the company’s stock market perception and investor confidence.

Mayfield Group Announces Director’s Shareholding Adjustment

Mayfield Group Holdings Limited has announced a change in the indirect interests of its director, Alan Steele. The change involves the transfer of 10,000,000 ordinary shares from Amteal Pty Limited atf Steele Family Trust to Alan Steele Consulting Pty Limited atf Steele Family Trust, with no cash consideration involved. This adjustment in shareholding reflects a change of trustee and does not impact the total number of shares held by the director. The transaction was conducted outside of a closed trading period, indicating compliance with regulatory requirements.

Mayfield Group Holdings Addresses Compliance Oversight

Mayfield Group Holdings Limited announced a delay in lodging an Appendix 3B form due to an administrative oversight, which involved the issuance of shares to a director. The company has since reviewed its compliance processes to prevent future occurrences. This announcement highlights Mayfield’s commitment to maintaining transparency and regulatory compliance, which is crucial for its reputation and stakeholder trust.

Mayfield Group Launches Share Purchase Plan to Fund Expansion

Mayfield Group Holdings Limited has announced a Share Purchase Plan (SPP) allowing eligible shareholders to purchase up to A$30,000 worth of shares without incurring transaction costs. The SPP is part of a broader capital raising strategy, including a conditional placement to raise $30.5 million, aimed at funding acquisitions and expanding manufacturing capabilities. The SPP aims to raise a maximum of $3 million and is not underwritten, with the company retaining discretion over application scaling.

Mayfield Group Issues New Shares, Strengthening Market Position

Mayfield Group Holdings Limited has announced the issuance of 16,052,631 ordinary shares without disclosure under Part 6D.2 of the Corporations Act. This strategic move indicates the company’s compliance with relevant legal provisions and suggests a potential strengthening of its financial position, which may have implications for its market operations and stakeholder interests.

Mayfield Group Holdings Announces Quotation of New Securities on ASX

Mayfield Group Holdings Limited has announced the quotation of 16,052,631 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code MYG, effective November 17, 2025. This move is part of a previously announced transaction, potentially impacting the company’s market presence and offering stakeholders an opportunity to engage with the company’s securities on the ASX.

Mayfield Group Holdings Issues New Shares in Strategic Move

Mayfield Group Holdings Limited has issued 642,128 ordinary shares without a disclosure under Part 6D.2 of the Corporations Act, as per the notice given on 12 November 2025. This move indicates the company’s compliance with relevant legal provisions, potentially impacting its capital structure and signaling its strategic financial maneuvers to stakeholders.

Mayfield Group Holdings Expands Market Presence with New ASX Quotation

Mayfield Group Holdings Limited has announced the quotation of 642,128 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 more liquidity for its shareholders, potentially strengthening its financial position and operational capabilities.

Mayfield Group Launches Share Purchase Plan for Shareholders

Mayfield Group Holdings Limited has announced a Share Purchase Plan (SPP) for eligible shareholders, allowing them to purchase up to $30,000 worth of shares at $1.90 per share. This initiative aims to enhance shareholder value and strengthen the company’s financial position, reflecting its commitment to growth and stability in the market.

Mayfield Group Holdings Announces Proposed Securities Issue

Mayfield Group Holdings Limited announced a proposed issue of securities with a total of 16,052,631 ordinary fully paid shares to be issued. This strategic move is expected to enhance the company’s capital base, potentially strengthening its market position and offering increased value to its stakeholders.

Mayfield Group Announces New Securities Purchase Plan

Mayfield Group Holdings Limited has announced a new securities purchase plan, proposing to issue up to 1,578,947 ordinary fully paid securities. This initiative is set to enhance the company’s capital base, potentially strengthening its market position and offering stakeholders an opportunity to invest in the company’s growth. The offer will close on November 28, 2025, with the issue date set for December 3, 2025.

Mayfield Group Raises $30.5 Million Through Private Placement and Announces Share Purchase Plan

Mayfield Group Holdings Limited has successfully completed a private placement, raising $30.5 million from institutional investors at an issue price of A$1.90 per share. Additionally, the company is offering a Share Purchase Plan (SPP) to existing eligible shareholders to raise up to A$3 million at the same price. The funds will be used to support Mayfield’s acquisition pipeline and enhance its manufacturing capabilities, positioning the company for growth and potentially increasing its market share.

Mayfield Group Initiates Trading Halt Ahead of Capital Raise Announcement

Mayfield Group Holdings Limited has requested a trading halt on its securities pending a significant announcement related to a capital raise. This move is intended to help the company manage its continuous disclosure obligations, with the trading halt expected to last until the announcement is made or normal trading resumes on 11 November 2025. The halt indicates a potentially impactful development for the company, which could influence its market position and stakeholder interests.

Mayfield Group Issues 50,000 Shares in Strategic Move

Mayfield Group Holdings Limited announced the issuance of 50,000 ordinary shares without disclosure under the Corporations Act, indicating compliance with relevant legal provisions. This move reflects the company’s strategic financial decisions and may impact its market positioning by potentially increasing capital and shareholder base.

Mayfield Group Holdings Expands ASX Quotation with New Securities

Mayfield Group Holdings Limited has announced the quotation of 50,000 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 for its securities, potentially impacting its operational dynamics and stakeholder interests.

Director Peter Choquenot Steps Down from Mayfield Group Holdings

Mayfield Group Holdings Limited has announced the cessation of Peter Choquenot as a director, effective October 24, 2025. This change in the board may impact the company’s governance and strategic direction, although no specific implications for stakeholders or operations were detailed in the release.

Mayfield Group Announces Board Resignation

Mayfield Group Holdings Limited announced the resignation of Peter Choquenot as an alternate director following the return of Lindsay Phillips from long service leave. This change in the board’s composition is part of the company’s ongoing management adjustments, which may influence its strategic direction and governance structure.

Mayfield Group Holdings Announces New Director Appointment

Mayfield Group Holdings Limited has announced the appointment of Rodney Henderson as a director effective from October 23, 2025. The initial director’s interest notice reveals that Henderson currently holds no securities in the company, indicating a neutral starting position in terms of shareholding. This appointment is part of the company’s ongoing governance and leadership strategy, potentially impacting its strategic direction and stakeholder relations.

Mayfield Group Appoints New Non-executive Director

Mayfield Group Holdings Limited has appointed Rodney Charles Henderson as a Non-executive Director. With over 25 years of experience in the industry, including leadership roles in major engineering and manufacturing companies, Henderson’s appointment is expected to bolster Mayfield’s strategic direction and enhance its focus on innovation and sustainability.

Mayfield Group Holdings Limited Announces Successful Resolutions at Security Holders Meeting

Mayfield Group Holdings Limited announced the successful passing of several resolutions at its recent security holders meeting. Key resolutions included the approval of the remuneration report, the re-election of Lindsay Phillips as a Director, the ratification of a prior share issuance, and the approval of additional share issuance capacity. These decisions reflect strong shareholder support and are likely to enhance the company’s operational capabilities and strategic flexibility.

Mayfield Group: Powering Australia’s Electrified Future

Mayfield Group Holdings Limited emphasizes its role as a foundational provider of electrical infrastructure, crucial for the operation of new technologies like solar farms, high-speed data networks, and electric vehicles. The company’s focus on reliable and intelligent power distribution networks underscores its strategic importance in supporting Australia’s transition to an electrified and technologically advanced future.

Mayfield Group Secures $20M Contract for Brigalow Gas Peaking Plant

Mayfield Group Holdings Limited has secured a $20 million contract with GE Power Australia for the Brigalow Gas Peaking Plant in Queensland, enhancing its role in Australia’s energy infrastructure. This contract, part of a broader strategy to ensure grid stability amid increasing renewable energy penetration, boosts Mayfield’s FY26 momentum with total contract awards reaching approximately $37 million. The company’s work in hand now stands at $116 million, reflecting strong revenue visibility and strategic positioning in the energy transition sector.

Mayfield Group Holdings Announces 2025 Annual General Meeting

Mayfield Group Holdings Limited has announced its 2025 Annual General Meeting, scheduled for October 23, 2025, at its headquarters in Edinburgh, South Australia. The company has opted to provide the meeting notice electronically, reflecting a shift towards digital communication with shareholders. Shareholders are encouraged to participate in the meeting and exercise their voting rights via proxy if unable to attend in person. This move highlights Mayfield’s commitment to engaging with its stakeholders and adapting to modern communication methods.

Mayfield Group Holdings Limited Announces 2025 Annual General Meeting

Mayfield Group Holdings Limited has announced its 2025 Annual General Meeting, scheduled for October 23, 2025, in Adelaide. The meeting will address several key resolutions, including the adoption of the Remuneration Report, the re-election of Lindsay Phillips as a director, and the ratification of a recent share issue. Additionally, shareholders will consider a special resolution to approve the issuance of additional equity securities, potentially enhancing the company’s capital capacity. These resolutions are pivotal for Mayfield’s strategic direction, impacting its governance and financial flexibility, and are crucial for maintaining shareholder confidence and supporting future growth initiatives.

Mayfield Group Holdings Appoints New Director

Mayfield Group Holdings Limited has announced the appointment of Peter Choquenot as a director, effective from September 8, 2025. The company disclosed that Choquenot currently holds no relevant interests in securities as a registered holder or through contracts, indicating a neutral impact on the company’s current operations and stakeholder interests.

Mayfield Group Appoints Peter Choquenot as Alternate Director

Mayfield Group Holdings Limited has appointed Peter Choquenot as an Alternate Director while Lindsay Phillips takes long service leave. Choquenot brings over forty years of experience in senior management and engineering roles, enhancing the company’s leadership with his innovative and customer-focused approach.