MYS Shares MyState Limited
STRONG BUY ASX · ASXNiche banking and insurance operations provide potential earnings resilience and takeover optionality.
Future value: $5.31 (+6.53%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Defensive niche franchise supports valuation rerating.
- ▸Above 50-day MA (+1.97%)
- ▸Above 200-day MA — long-term uptrend
- ▸Near 52-week high (75.5% of range) — strength
Is MYS a buy right now?
Trend: MYS is trading above the 50-day average (+1.23%), RSI 48 — neutral momentum, with a 3-month return of +1.02%.
Valuation & quality: MyState Limited trades on a trailing P/E of 17.1, forward P/E 11.6, price-to-book 1.11; fundamentals show net margin 22.3%, return on equity 7.5%, revenue growth 17.7% year on year.
Analyst consensus: 2 analysts have a mean 12-month price target of A$5.30 (+6.5% vs the last close; range A$4.90 – A$5.71), consensus rating “none”.
Income: trailing dividend yield 4.99%.
Our screen: STRONG BUY (score 4) — Niche banking and insurance operations provide potential earnings resilience and takeover optionality.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -2.40% | +3.80% | -3.30% | +2.70% | +6.60% | -1.80% | +3.80% | -0.40% |
Fundamentals
Analyst price target
Technical signals
About MyState Limited
MyState Limited, through its subsidiaries, provides banking, trustee, equipment finance, and managed fund products and services in Australia. It operates through the MyState Bank and Wealth Management segments.
Sector: Financial Services · Industry: Banks - Regional · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.