What is the ROCE (Return on Capital Employed) of MyState this year?
The ROCE of MyState is 0 undefined this year.
MyState ROCE 2024
MyState ROCE
0
Ticker
MYS.AX
ISIN
AU000000MYS0
WKN
A1CZMV
In 2024, MyState's return on capital employed (ROCE) was 0, a -100% increase from the 0.11 ROCE in the previous year.
MyState Aktienanalyse
What does MyState do?
MyState Ltd. is an Australian financial services company specializing in banking, wealth management, and mortgages. The company was founded in 2009 and is headquartered in Hobart, Tasmania. The history of MyState begins with the establishment of Tasmanian Perpetual Trustees Limited in 1876. The company was later renamed The Trust Company (TTC) and became a leading provider of asset management services in Australia. In 2013, TTC was acquired by Perpetual Limited, and MyState Wealth Management was established in the same year. Today, MyState is a diversified financial services company focusing on the needs of families and small businesses. MyState's business model is based on a combination of deposits and loans, as well as investments in assets such as real estate, capital markets, and alternative investments. MyState operates three different business segments: Personal Banking, Business Banking, and Wealth Management. In the Personal Banking segment, the company offers a wide range of products and services, including savings accounts, credit cards, mortgages, personal loans, and insurance. MyState is committed to providing its customers with the best solutions to meet their financial needs, emphasizing transparency and personalized service. In the Business Banking segment, MyState offers a variety of services aimed at fulfilling the financial needs of small and medium-sized businesses. The company provides business accounts, credit cards, leasing and equipment finance, as well as factoring services. MyState has a strong network of experienced advisors and is committed to offering comprehensive financial solutions. Wealth Management is MyState's third business segment, offering investment and asset management services. This includes a variety of options such as stocks and bonds, alternative asset classes like private equity, infrastructure, and hedge funds. These services target the needs of affluent investors looking for customized investment solutions. In recent years, MyState has also invested in innovations to enhance the customer experience. One example is the MyState Bank App, which allows customers to easily and conveniently manage their finances on the go. Overall, MyState has a comprehensive portfolio of services to meet the needs of its customers. The company is a key player in the Australian financial market, with a clear focus on customer needs and a dedicated team of professionals. MyState ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling MyState's Return on Capital Employed (ROCE)
MyState's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing MyState's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
MyState's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in MyState’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about MyState stock
How has the ROCE (Return on Capital Employed) of MyState developed compared to the previous year?
The ROCE of MyState has increased by -100% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of MyState?
A high Return on Capital Employed (ROCE) indicates that MyState has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of MyState?
A low ROCE (Return on Capital Employed) can indicate that MyState has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from MyState impact the company?
An increase in the ROCE of MyState can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of MyState affect the company?
A decrease in ROCE of MyState can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of MyState?
Some factors that can affect MyState's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of MyState so important for investors?
The ROCE of MyState is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can MyState take to improve the ROCE?
To improve the ROCE, MyState can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does MyState pay?
Over the past 12 months, MyState paid a dividend of 0.33 AUD . This corresponds to a dividend yield of about 8.61 %. For the coming 12 months, MyState is expected to pay a dividend of 0.33 AUD.
What is the dividend yield of MyState?
The current dividend yield of MyState is 8.61 %.
When does MyState pay dividends?
MyState pays a quarterly dividend. This is distributed in the months of March, September, March, September.
How secure is the dividend of MyState?
MyState paid dividends every year for the past 20 years.
What is the dividend of MyState?
For the upcoming 12 months, dividends amounting to 0.33 AUD are expected. This corresponds to a dividend yield of 8.61 %.
In which sector is MyState located?
MyState is assigned to the 'Finance' sector.
Wann musste ich die Aktien von MyState kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of MyState from 9/16/2024 amounting to 0.164 AUD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.
When did MyState pay the last dividend?
The last dividend was paid out on 9/16/2024.
What was the dividend of MyState in the year 2023?
In the year 2023, MyState distributed 0.329 AUD as dividends.
In which currency does MyState pay out the dividend?
The dividends of MyState are distributed in AUD.
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Andere Kennzahlen von MyState
Our stock analysis for MyState Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MyState Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
