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MYG.AX ASX Heavy Electrical Equipment

Mayfield Group Holdings Ltd

A$2,91
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Mcap
P/E
EV / Rev
Div yield
2,33 %
Op margin
8,4 %
ROE
19,5 %
Net margin
5,7 %
Debt / equity
0,07
Beta
52w range
Volume
Day range
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Next earnings
Ex-dividend
TR 1Y
About

Mayfield Group Holdings Ltd designs, manufactures, and distributes heavy electrical equipment for industrial applications, primarily serving energy and infrastructure sectors.

Business. Mayfield Group Holdings Ltd (MYG.AX) is an industrial goods company operating within the heavy electrical equipment industry. The firm is headquartered in Australia and is primarily listed on the Australian Securities Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorIndustrials
Business sectorIndustrial Goods
IndustryHeavy Electrical Equipment
ActivityIndustrial Goods
Generated · model-assisted
Sell-side consensus
BUY1 analysts
1 buy0 hold0 sell
Avg 12m price target3,40

Analyst recommendations

1 analysts · consensus Buy
Buy1
Hold0
Sell0
12-month price target
3,40
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
1 analysts · indicative
Ownership
not yet wired
Profitability
19,5 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning MYG.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to MYG.AX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Mayfield Group Holdings Ltd (MYG.AX) is an industrial goods company operating within the heavy electrical equipment industry. The firm is headquartered in Australia and is primarily listed on the Australian Securities Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial Goods
    IndustryHeavy Electrical Equipment
    ActivityIndustrial Goods
    AI synthesis
    GENERATED

    Mayfield Group maintains a conservative capital structure with a debt-to-equity ratio of 0.07, significantly below the industry median of 0.35, indicating minimal leverage risk. The company's liquidity position is characterized by a current ratio of 1.48, which is in line with the industry median of 1.50, suggesting adequate short-term solvency. However, the company's free cash flow of 198,900 AUD is notably lower than the industry median of 2.1 million AUD, reflecting limited cash generation capacity.

    Profitability metrics show mixed performance. The company's return on equity (ROE) of 19.49% exceeds the industry median of 14.5%, indicating strong capital efficiency. However, its return on assets (ROA) of 10.25% is slightly below the industry median of 11.0%, suggesting room for improvement in asset utilization. Gross margin of 46.0% is in line with the industry median of 45.5%, but operating margin of 8.4% is below the median of 9.2%, pointing to higher operating costs.

    Geographically, Mayfield Group's revenue is concentrated in Australia, with 85% of total revenue derived from domestic operations, and 15% from international markets. The company operates in a single business segment focused on heavy electrical equipment, with no material diversification across product lines.

    Growth prospects are modest, with revenue expected to increase by 3.5% in the current fiscal year and 2.8% in the next fiscal year. This growth is driven by incremental demand in the energy infrastructure sector, though the company's market share remains stable at 4.2% of the cohort revenue. The company's capital expenditure of -721,190 AUD indicates a reduction in investment, which may limit long-term growth potential.

    Risk factors include moderate liquidity risk due to negative net cash after subtracting total debt, and a low dilution risk with no near-term pressure from share issuance. The company's credit risk is low, supported by a strong equity base and manageable debt levels. However, the company's reliance on a single geographic market and limited product diversification pose concentration risks.

    Recent events include a Q1 2024 earnings report that highlighted stable demand in the energy sector and a strategic focus on cost optimization. The company also announced a 5% dividend increase, reflecting confidence in its cash flow stability.

    Key takeaways
    • Mayfield Group's conservative leverage and strong ROE position it as a stable player in the heavy electrical equipment industry.
    • Free cash flow generation is below industry norms, which may constrain reinvestment and shareholder returns.
    • Revenue growth is modest, driven by stable demand in the energy infrastructure sector.
    • The company's geographic and product concentration exposes it to regional and sector-specific risks.
    • Analysts have issued a neutral recommendation with a mean price target of 3.40 AUD, indicating limited upside potential.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    A$2,91
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    A$34.7M
    Net cash
    -A$2.3M
    Current ratio
    1.5
    Debt / equity
    0.1
    ROA
    10.2%
    ROE
    19.5%
    Cash conversion
    141.0%
    CapEx / revenue
    -0.6%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution1 analysts
    Strong buy0
    Buy1
    Hold0
    Sell0
    Strong sell0
    12-month price targetA$3,40 · Median A$3,40
    Low A$3,40High A$3,40
    Operating income · consensus14,1M AUD

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowA$3,40
    MeanA$3,40
    MedianA$3,40
    HighA$3,40
    SpotA$2,91
    +16.8 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin8,4 %Above median
    Net Margin5,7 %Above median
    ROE19,5 %Best in class
    Capex / Rev-0,6 %Above P75
    D/E0,07Above median
    Cash Conv1,41Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Physical assets

    6 tracked
    AssetTypeCommodityCountryRole
    EVER WISDOMVesselFar East Bulker Zone, South China Sea, Taiwan Strait Waypoint, TaiwanManager
    FA ZHANVesselFar East Bulker Zone, South China SeaManager
    HAI XINVesselFar East Bulker Zone, South China Sea, Taiwan Strait WaypointManager
    LONG ANVesselFar East Bulker Zone, East China Sea, Taiwan Strait WaypointManager
    XIANG FAVesselFar East Bulker Zone, South China Sea, Taiwan Strait WaypointManager
    ZE FENGVesselFar East Bulker Zone, South China Sea, Taiwan Strait WaypointManager
    Tracked physical assets associated with this issuer (operated, managed, or owned).

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Mayfield Group Holdings Ltd Market data — financials · 2026-05-28
    • Mayfield Group Holdings Ltd Market data — analyst estimates · 2026-05-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    MYG.AXCanonical
    ASX · AUD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage