MyState Ltd
ASX:MYS

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MyState Ltd
ASX:MYS
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Price: 4.54 AUD 0.89% Market Closed
Market Cap: 767.7m AUD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one MYS stock under the Base Case scenario is 6.7 AUD. Compared to the current market price of 4.54 AUD, MyState Ltd is Undervalued by 32%.

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
6.7 AUD
Undervaluation 32%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

5
P/S
P/S
Price to Sales
5
vs History
30
vs Industry
35
Median 3Y
4.3
Median 5Y
4.5
Industry
3.3
Forward
4.1
More Details
22.8
P/E
P/E
Price to Earnings
22.8
vs History
9
vs Industry
25
Median 3Y
18.3
Median 5Y
19.8
Industry
15.8
Forward
15.9
More Details
1.6
P/B
P/B
Price to Book Value
1.6
vs History
39
vs Industry
37
Median 3Y
1.4
Median 5Y
1.5
Industry
1.3
More Details
0.1
Price/Deposits
Price/Deposits
Price to Deposits
0.1
vs History
41
vs Industry
70
Median 3Y
0.1
Median 5Y
0.1
Industry
0.1
More Details

Multiples Across Competitors

MYS Competitors Multiples
MyState Ltd Competitors

All Multiples
P/S
P/E
P/B
Market Cap P/S P/E P/B
AU
MyState Ltd
ASX:MYS
767.7m AUD 5 22.8 1.6
US
Rocket Companies Inc
NYSE:RKT
36.5B USD 7.1 -118 645.4 4.9
US
Federal National Mortgage Association
OTC:FNMA
12.8B USD 0.1 -12 808.4 0.1
US
Mr Cooper Group Inc
NASDAQ:COOP
12.3B USD 5.5 21.5 2.4
US
UWM Holdings Corp
NYSE:UWMC
8.1B USD 2.9 682.7 45.9
US
MGIC Investment Corp
NYSE:MTG
6.4B USD 5.3 8.4 1.2
BM
Essent Group Ltd
NYSE:ESNT
6.4B USD 5 8.8 1.1
US
Federal Home Loan Mortgage Corp
OTC:FMCC
5.8B USD 0 -72.2 0.1
US
Enact Holdings Inc
NASDAQ:ACT
5.7B USD 4.6 8.4 1.1
US
PennyMac Financial Services Inc
NYSE:PFSI
5.3B USD 2 13.7 1.3
US
Axos Financial Inc
NYSE:AX
5B USD 4 11.6 1.9
P/E Multiple
Earnings Growth PEG
AU
MyState Ltd
ASX:MYS
Average P/E: 97.2
22.8
24%
0.9
US
Rocket Companies Inc
NYSE:RKT
Negative Multiple: -118 645.4
316%
N/A
US
Federal National Mortgage Association
OTC:FNMA
Negative Multiple: -12 808.4 N/A N/A
US
Mr Cooper Group Inc
NASDAQ:COOP
21.5
17%
1.3
US
UWM Holdings Corp
NYSE:UWMC
682.7
306%
2.2
US
MGIC Investment Corp
NYSE:MTG
8.4
1%
8.4
BM
Essent Group Ltd
NYSE:ESNT
8.8
2%
4.4
US
F
Federal Home Loan Mortgage Corp
OTC:FMCC
Negative Multiple: -72.2 N/A N/A
US
Enact Holdings Inc
NASDAQ:ACT
8.4
2%
4.2
US
PennyMac Financial Services Inc
NYSE:PFSI
13.7
44%
0.3
US
Axos Financial Inc
NYSE:AX
11.6
N/A N/A

See Also

Summary
MYS intrinsic value, competitors valuation, and company profile.
DCF Valuation
MYS stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MYS stock valuation using valuation multiples.
Wall Street Estimates
MYS price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MYS stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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