Risk factor
Critical default risk
Profitability factor
Solid dividends
About
MyState Limited is an Australian financial services group, offering a diverse portfolio of banking, trustee, and managed investment solutions. The company operates primarily through two distinct divisions: Banking and Wealth Management. Its Banking arm, operating under the MyState Bank brand, provides a comprehensive suite of financial products. These include personal, commercial, and mortgage lending, alongside savings and investment accounts, and insurance offerings. Complementing this, the TPT Wealth division focuses on specialized wealth management services for both individual and corporate clients. This encompasses managed investment funds, commercial finance arrangements, and a full spectrum of trustee services, such as estate planning, administration, and the management of charitable trusts. Established in 2009, MyState Limited is headquartered in Tasmania, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E. Editor's no
Target Price
The average target price of MYS.AX is 5.1 and suggests 8.22% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendati