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MyState Ltd
ASX:MYS

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MyState Ltd
ASX:MYS
Watchlist
Price: 3.59 AUD 0.84% Market Closed
Updated: May 1, 2024

Relative Value

The Relative Value of one MYS stock under the Base Case scenario is 4.69 AUD. Compared to the current market price of 3.59 AUD, MyState Ltd is Undervalued by 23%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MYS Relative Value
Base Case
4.69 AUD
Undervaluation 23%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
71
vs Industry
51
Median 3Y
2.8
Median 5Y
2.8
Industry
3.1
Forward
2.5
vs History
66
vs Industry
42
Median 3Y
11.9
Median 5Y
11.7
Industry
14.5
Forward
12
vs History
84
vs Industry
56
Median 3Y
1
Median 5Y
1
Industry
1.2
vs History
79
vs Industry
87
Median 3Y
0.1
Median 5Y
0.1
Industry
0.1

Multiples Across Competitors

MYS Competitors Multiples
MyState Ltd Competitors

All Multiples
P/S
P/E
P/B
All Countries
Close
Market Cap P/S P/E P/B
AU
MyState Ltd
ASX:MYS
395.9m AUD 2.6 11 0.9
US
Rocket Companies Inc
NYSE:RKT
24.2B USD 6 -1 559.5 38.7
US
UWM Holdings Corp
NYSE:UWMC
10.1B USD 4.7 -765.7 90
BM
Essent Group Ltd
NYSE:ESNT
5.7B USD 5.1 8.1 1.1
US
MGIC Investment Corp
NYSE:MTG
5.6B USD 4.8 7.8 1.1
US
Mr Cooper Group Inc
NASDAQ:COOP
5B USD 2.5 7.8 1.1
US
Enact Holdings Inc
NASDAQ:ACT
4.8B USD 4.1 7.1 1
US
Radian Group Inc
NYSE:RDN
4.6B USD 3.7 7.7 1.1
IN
LIC Housing Finance Ltd
NSE:LICHSGFIN
370.7B INR 1.4 7.6 1.3
US
PennyMac Financial Services Inc
NYSE:PFSI
4.4B USD 2.1 30.2 1.2
US
TFS Financial Corp
NASDAQ:TFSL
3.4B USD 11.3 46.9 1.8

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