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Magellan Financial Group Limited

MFG.AXFinancial ServicesASX

Asset Management · Last scanned May 29, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$313.3M
-27.6% YoY
Net Income
$165.0M
-30.9% YoY
Free Cash Flow
$116.2M

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About Magellan Financial Group Limited

Part of the financial services sector, Magellan Financial Group Limited (MFG.AX) is listed under Asset Management. The $1.57B market capitalization puts MFG.AX squarely in small-cap range for its industry. It invests in global equities and global listed infrastructure markets across the globe.

Key stats
Market Cap$1.57B
P/E (TTM)10.43
Fwd P/E11.56
EPS$0.81
Beta0.43
52W Change+0.8%
Dividend Yield7.75%
ROE14.1%
Analysis

Magellan Financial Group Limited holds $115.1M in cash against $3.6M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Annual free cash flow of $116.2M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 14.1% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 8.5% suggests reasonable efficiency in deploying the company's asset base. Revenue has pulled back from $546.9M (2022) to $313.3M (2025), a 43% decline worth watching.

MFG.AX's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. With cash comfortably exceeding debt, MFG.AX has financial flexibility that may help navigate uncertain periods. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Magellan Financial Group Limited and its sector.

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