MyState Ltd
ASX:MYS

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MyState Ltd
ASX:MYS
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Price: 4.34 AUD 0.7% Market Closed
Market Cap: 481.5m AUD
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Relative Value

The Relative Value of one MYS stock under the Base Case scenario is 6.03 AUD. Compared to the current market price of 4.34 AUD, MyState Ltd is Undervalued by 28%.

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
6.03 AUD
Undervaluation 28%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
44
vs Industry
49
Median 3Y
2.8
Median 5Y
2.8
Industry
3.1
Forward
2.9
vs History
41
vs Industry
40
Median 3Y
11.9
Median 5Y
11.9
Industry
15.3
Forward
13
vs History
66
vs Industry
52
Median 3Y
0.9
Median 5Y
1
Industry
1.3
vs History
57
vs Industry
85
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
480m AUD 3.2 13.6 1
US
Rocket Companies Inc
NYSE:RKT
23.5B USD 5.4 -1 542.5 36.1
US
UWM Holdings Corp
NYSE:UWMC
9.4B USD 3.8 -435.9 78.7
US
Mr Cooper Group Inc
NASDAQ:COOP
6.1B USD 3.1 11.9 1.3
US
MGIC Investment Corp
NYSE:MTG
6.1B USD 5.1 7.9 1.1
BM
Essent Group Ltd
NYSE:ESNT
5.7B USD 4.6 7.7 1
US
PennyMac Financial Services Inc
NYSE:PFSI
5.2B USD 2.3 30.6 1.4
US
Enact Holdings Inc
NASDAQ:ACT
5.1B USD 4.3 7.4 1
US
Radian Group Inc
NYSE:RDN
4.8B USD 3.7 8 1
US
New York Community Bancorp Inc
NYSE:NYCB
4.6B USD 1.4 -1.5 0.5
US
Axos Financial Inc
NYSE:AX
4.1B USD 3.2 8.5 1.7
P/E Multiple
Earnings Growth P/E to Growth
AU
MyState Ltd
ASX:MYS
Average P/E: 12
13.6
43%
0.3
US
Rocket Companies Inc
NYSE:RKT
Negative Multiple: -1 542.5 N/A N/A
US
UWM Holdings Corp
NYSE:UWMC
Negative Multiple: -435.9 N/A N/A
US
Mr Cooper Group Inc
NASDAQ:COOP
11.9
96%
0.1
US
MGIC Investment Corp
NYSE:MTG
7.9
5%
1.6
BM
Essent Group Ltd
NYSE:ESNT
7.7
12%
0.6
US
PennyMac Financial Services Inc
NYSE:PFSI
30.6
471%
0.1
US
Enact Holdings Inc
NASDAQ:ACT
7.4
2%
4.3
US
Radian Group Inc
NYSE:RDN
8
-6%
N/A
US
New York Community Bancorp Inc
NYSE:NYCB
Negative Multiple: -1.5 N/A N/A
US
Axos Financial Inc
NYSE:AX
8.5
N/A N/A

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