Magellan Flagship Fund Limited (MFF)
Views and News
A good way to get well selected and managed exposures to global growth
Recent News Highlights
As at 31/12/2012 : see details at www.magellangroup.com.au/MFF (new window? Shift+Click)
Half-yearly Performance & Estimates - MFF
| Year-end June | FY11A | 1H12A | FY12A | 1H13A | FY13A | FY14E | FY15E |
|---|---|---|---|---|---|---|---|
| Sales, $m | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA, $m | -3.3 | 0.00 | 0.00 | 17.4 | 119.0 | 0.00 | 0.00 |
| EBIT, $m | -3.4 | 0.00 | 0.00 | 17.4 | 119.0 | 0.00 | 0.00 |
| Report NPAT, $m | -0.02 | 14.1 | 45.9 | 10.7 | 80.9 | ||
| Adj. NPAT, $m | 80.9 | 0.00 | 0.00 | ||||
| Reported EPS, ¢ | 0.00 | 4.00 | 13.00 | 3.00 | 23.00 | ||
| Adjusted EPS, ¢ | 23.00 | 0.00 | 0.00 | ||||
| EPS %FY/Growth | 31% | ****% | 13% | 77% | -100% | ****% | |
| Dividend, ¢ | 0 | 0 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 |
| Franking, % | - | - | 26% | 0% | 0% | 0% | |
| EBITDA Margin | -7.35 | 0 | 0 | ******% | ******% | ******% | ******% |
| NPAT Margin | -8.06 | 0 | 0 | ******% | ******% | ******% | ******% |
| ROE, % | 0 | 0 | 14% | 3 | 20% | ||
| EBIT/Interest | 1.3 | 0.0 | 14.2 | 8.64 | 28.93 | ||
| Net Debt / Equity | 0.21 | 0 | -0.50 | -0.11 | -0.01 | ||
| CashFlow/Sh, ¢ | 4.9 | 6.3 | 70.4 | -36.8 | -47.2 | 0.00 | 0.00 |
| Y/E Shares, m | 349.4 | 346.4 | 344.9 | 345.4 | 346.3 |
| Notes |
| Data sourced from IRESS Market Technology Limited. EPS Growth compared with the pcp is shown in most columns, except 1H11A and 1H12A which show the first half % of full year EPS. In a handful of cases, unadjusted share splits may give strange changes in ratios. |
Company Overview
Russell Research in the media
Profile
Magellan Flagship Fund
Rating:
Category: Potent Stock ; Midcaps
Action:
Website: www.magellangroup.com.au/MFF
| ASX code: | MFF |
| Closing Price, 30/12/2013: | $ 1.640 |
| Market Capitalisation: | $ 572 million |
| 52 Week High: | $ 1.70 |
| 52 Week Low: | $ 0.95 |
| Sector: | Diversified Financials |
| Index: | S&P/ASX Index |
Summary of Fundamentals
| Year-end June | FY12A | FY13A | FY14E | FY15E |
|---|---|---|---|---|
| NPAT, $m | 45.9 | 80.8 | 0.0 | 0.0 |
| Reported EPS, ¢ | 13.00 | 23.00 | ||
| Adjusted EPS, ¢ | 0.00 | 0.00 | 0.00 | |
| EPS Growth, % | -100% | **********% | ||
| P/E Ratio, x | 12.62 | |||
| Dividend, ¢ | 1.00 | 1.00 | 0.00 | 0.00 |
| Franking, % | 26% | 0% | 0% | 0% |
| Div. Yield, % | 0.61 | 0.61 | 0.00 | 0.00 |
Notes
| Our Adjusted EPS is used for the last year and forward estimates and as basis for EPS Growth and P/E Ratio. We currently use Reported data for all historic NPAT, for the prior year EPS and as base for last year EPS growth. |
| Data & Chart sourced from IRESS Market Technology Ltd. |
One Year Chart
As at 30 December 2013
Other Highlights
| Sector: | Diversified Financials |
| Return on Equity, FY13 : | 20% |
| Net Debt to Equity, FY13 : | -1 % |
| EBIT / Interest Cover, FY13 : | 28.93 x |
| Gicscode: | 40200000 |
| First Listed: | 19-Dec-06 |
Business Activities
Magellan Flagship Fund Limited (MFF) is a listed investment company tightly focussed on fast-growing global opportunities. It is the flagship of Magellan Financial Group (MFG) qv.
Glossary:
| ♠ | "A Core Stock" - reliable long-term yield & growth |
| ♥ | "We like it" - a seasoned performer, growth & yield |
| ♦ | "A tough scout" - creating a potential breakthrough |
| ♣ | "A steady performer" - giving reliable yield or growth |
| Best Stocks | Portfolio of selected attractive investments |
| Potential | Stocks that may have good improvement prospects |
| Speculative | More risky usually smaller stocks with spec. upside |
| Midcaps | In RR Midcap Index, $ 70m to 1,500m market cap. |
| Large Stocks | Larger Stocks upwards of $ 1,500m market cap |