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Mayfield Group (MYG) Fair Value & Analysis

Technology · AU · Market cap A$294M

MG Mayfield Group MYG · AU
PriceA$2.10
Fair ValueA$1.16
Upside-44.8%
Quality69/100
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Mixed Growth
Thin margins · 6.4% net margin
Low debt · generates free cash flow
1.51% dividend yield
Ranks above peers (11/14)
Moderate moat 53/100
Evidence: High Range A$0.8700 – A$1.45 Share as image

Fair value as of: Jul 18, 2026

From 24 valuation models · updated 23 days ago

Share price −15.3% over the past month.

A solid business, but screening 45% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (A$1.45). The favourable scenario is already priced in.
  • Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

A$3.35 A$0.2109 Fair Value A$1.16 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range A$0.2109 – A$3.35 · fair‑value band A$0.8700 – A$1.45 · the A$2.10 price screens above the A$1.16 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Mayfield Group (MYG) currently trades at A$2.10, while our model-based Fair Value estimate is A$1.16, implying the stock looks roughly 44.8% overvalued today. The Quality Score stands at 69/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Mayfield Group generated revenue of A$146M at a net margin of 6.4%. Revenue grew 52.8% year over year. It earns a return on equity of 17.3%. The balance sheet holds a net cash position of A$14.6M. Fundamentals as of Jul 18, 2026

Our scenario range runs from A$0.8700 (bear case) to A$1.45 (bull case); at A$2.10, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 40% below its 52-week high and 117% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -61% fair-value upside, at -45%, MYG screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF A$0.9800 A$1.50 A$2.31 80
Residual Income A$0.3000 A$0.4000 A$1.07 76
Rev-Margin DCF A$1.47 A$2.59 A$4.92 74
All 24 models by family
DCF Models
FCF DCF A$1.04 A$1.40 A$2.45 38
Owner Earnings A$0.9100 A$1.64 A$2.93 31
5Y Revenue Exit A$1.34 A$2.28 A$4.26 39
5Y EBITDA Exit A$1.44 A$2.49 A$4.56 41
5Y P/E Exit A$1.03 A$2.02 A$3.36 38
10Y Revenue Exit A$1.18 A$2.52 A$3.41 36
10Y EBITDA Exit A$1.29 A$2.71 A$5.21 37
10Y P/E Exit A$1.03 A$1.95 A$3.43 35
Earnings-Based
Graham-Dodd A$0.4000 A$2.76 A$3.87 54
Lynch FV A$1.42 A$2.04 A$2.65 50
PEG = 1.0 A$1.42 A$2.04 A$2.65 46
EPV A$0.9500 A$1.04 A$1.12 59
Multiples
P/E Multiple A$0.8700 A$1.16 A$1.45 63
P/S Multiple A$0.7400 A$0.9900 A$1.24 58
P/B Multiple A$0.6700 A$0.9000 A$1.12 55
EV/EBIT A$2.02 A$2.64 A$3.27 53
EV/EBITDA A$1.66 A$2.17 A$2.67 54
EV/Revenue A$1.41 A$1.95 A$2.49 43
Asset-Based
NCAV (Graham) A$0.1500 A$0.2000 A$0.3000 50
Growth DCF
Growth DCF A$0.9800 A$1.50 A$2.31 80
Rev-Margin DCF A$1.47 A$2.59 A$4.92 74
Economic Profit
Residual Income A$0.3000 A$0.4000 A$1.07 76
ROIC Compounder A$1.07 A$1.34 A$1.63 72
Growth Earnings
Growth-Adj P/E A$1.84 A$2.62 A$3.41 68

Widest divergence: Growth Earnings (A$2.62) versus Asset-Based (A$0.2000). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) A$146M
Revenue growth (YoY) +52.8%
Net margin 6.4%
Return on equity 17.3%
Free cash flow A$8.8M FY2025
P/E ratio 28.1
More key figures
Operating margin 8.6%
EPS (TTM) A$0.0900
Dividend yield 1.5%
EPS growth (YoY) +110%
Net cash A$14.6M FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 69/100

Of which business quality 71 · Market factors (momentum, volatility) 49

Profitability 74
Margins and returns on capital today
Quality Growth 84
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 47
Disciplined investing over empire-building
Low Volatility 34
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 72
Distance to the 52-week high (market factor)
Net Issuance 58
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Mayfield Group Holdings Limited, together with its subsidiaries, provides electrical and telecommunications infrastructure products and services in Australia. It offers switchboards, kiosks, and transportable switch rooms for critical electrical infrastructure.

Full company description

Mayfield Group Holdings Limited, together with its subsidiaries, provides electrical and telecommunications infrastructure products and services in Australia. It offers switchboards, kiosks, and transportable switch rooms for critical electrical infrastructure. The company also engages in the project management, engineering, design, manufacture, installation, and commissioning of electrical infrastructure. In addition, it provides high, medium and low voltage infrastructure services, including switching, testing, maintenance and asset replacement services; and telecommunications and critical power products and services. Further, the company offers testing and measuring instrumentation, UPS and battery products, and maintenance and calibration services; lighting control and room automation systems, energy management systems, and profile cutting services and general engineering services, as well as manufacture of LV switchboards and control panels. The company was founded in 1936 and is based in Edinburgh, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mayfield Group reported revenue of A$118M in FY2025 versus A$60.6M in FY2021, a compound +18.1%/yr. Reported net income was A$6.8M in FY2025, compounding +27.2%/yr from FY2021.

Growth Quality 82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$118M
Latest YoY
+38.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+14.3%
Avg. growth/yr (24Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+14.5%
Revenue +18.1%/yr
FY21 A$60.6M
FY22 A$82.0M
FY23 A$77.6M
FY24 A$85.5M
FY25 A$118M
Net income +27.2%/yr
FY21 A$2.6M
FY22 −A$1.8M
FY23 A$5.8M
FY24 A$5.1M
FY25 A$6.8M

MYG screens 45% overvalued. Compare with Cisco Systems, Inc →

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Cite: Fair Value Calculator (2026). "Mayfield Group Fair Value". https://www.fairvalue-calculator.com/stock/MYG

Peer Group

Communication Equipment · 286 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 69 · Top 25%
Fair Value upside −45% · Below median
Return on equity (TTM) 17% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 6% · Above median
Operating margin (TTM) 9% · Above median
Revenue growth 53% · Top 25%
Dividend yield (TTM) 1.5% · Above median

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/E (TTM) 28.1× · Cheaper than median
P/B 5.99× · Pricier than 75% of peers
P/S (TTM) 1.43× · Cheaper than median
P/FCF 23.7× · Pricier than 75% of peers
EV/EBITDA 12.9× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 100 · sector 30
PAST 69 · sector 15
HEALTH 100 · sector 98
DIVIDEND 30 · sector 25

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Communication Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $119.25 $43.05 -64%
Zhongji Innolight Co 300308 ¥1,094 ¥171.09 -84%
Foxconn Industrial Internet Co 601138 ¥56.50 ¥28.65 -49%
Eoptolink Technology Inc 300502 ¥482.88 ¥155.05 -68%
Nokia Oyj NOK $11.25 $2.67 -76%
Motorola Solutions, Inc MSI $413.31 $190.43 -54%
Suzhou TFC Optical Communication Co 300394 ¥244.13 ¥32.04 -87%
Telefonaktiebolaget LM Ericsson (publ), ERIC $11.72 $15.96 +36%
Accton Technology Corporation 2345 2,090 TWD 846.28 TWD -60%
ZTE Corporation 000063 ¥40.00 ¥15.75 -61%

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Frequently asked questions

Is Mayfield Group (MYG) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of A$1.16 versus a price of A$2.10, about −45% (overvalued).
What is the fair value of MYG?
Our model-based fair value for Mayfield Group is A$1.16 (as of Jul 18, 2026), built from audited fundamentals. The current price is A$2.10.
What is the quality score of MYG?
Mayfield Group has a Quality Score of 69/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Mayfield Group (MYG)?
Mayfield Group reported trailing-twelve-month revenue of about A$146M (latest available figure, as of Jul 18, 2026).
What is the net profit margin of MYG?
The net profit margin of Mayfield Group is about 6.4%, meaning it keeps roughly 6.4% of revenue as net income. Based on the latest reported figures.
Does Mayfield Group pay a dividend?
Mayfield Group currently shows a dividend yield of about 1.32% relative to its recent price (as of Jul 18, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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