MAF 0.41% $4.89 ma financial group limited

They have increased there FY earnings increase from 10-20% to...

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    They have increased there FY earnings increase from 10-20% to 20-30%. At 6.85 if it hits that 30% target then it’s PE will be around 28-29 assuming no increase in shares on offer. Repeat that grow in 2022 and you are looking at a PE ~22. Even reducing grow to 10% you are looking at a PE ratio ~20 at 6.85 FY24. Assuming grow of 15%/yr for the 5yr period 22-26 and using a PE ratio of ~20 (closer to MAQ) you are looking at $11-12. Thats conservative in my mind. The lending and MA will grow (think post GFC the MA opportunities) and they are increasing their target markets to accumulate their investment funds.
    Last edited by NewbieHK: 21/08/21
 
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