McMillan Shakespeare (MMS.AX) Stock Price

McMillan Shakespeare Price

ASX·CLOSED
20.44AUD-0.03 (-0.15 %)
Market closed

Revenue has compounded at 13.8% per year over the past 19 years to 563.48 M AUD. Earnings per share have grown at 11.7% per year over the last 19 years. McMillan Shakespeare's net margin stands at 16.9%, up from 11.2% several years earlier. McMillan Shakespeare currently offers a dividend yield of about 10.34%. The payout ratio is around 155% of earnings. The dividend has grown at 15.5% per year over the past 19 years. Analysts set a median price target of 20.24 AUD, implying 1.0% below the current price. Of 10 analysts, 7 rate the stock a buy — an overall Buy consensus. The stock trades about 49% above its 52-week low.

McMillan Shakespeare stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of McMillan Shakespeare over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how McMillan Shakespeare stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing McMillan Shakespeare's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

McMillan Shakespeare Stock Price History
DateMcMillan Shakespeare Price
8/14/202620.44 AUD
8/13/202620.47 AUD
8/12/202620.50 AUD
8/11/202620.87 AUD
8/10/202620.33 AUD
8/7/202620.28 AUD
8/6/202620.10 AUD
8/5/202620.13 AUD
8/4/202619.86 AUD
8/3/202619.65 AUD
7/31/202619.50 AUD
7/30/202619.72 AUD
7/29/202619.85 AUD
7/28/202620.05 AUD
7/27/202619.98 AUD
7/24/202619.44 AUD
7/23/202619.30 AUD
7/22/202619.52 AUD
7/21/202619.64 AUD
7/20/202620.02 AUD
7/17/202619.87 AUD
7/16/202619.75 AUD
7/15/202619.69 AUD
7/14/202619.56 AUD
7/13/202619.56 AUD
7/10/202619.40 AUD
7/9/202619.46 AUD
7/8/202619.68 AUD
7/7/202619.18 AUD
7/6/202619.06 AUD
7/3/202619.20 AUD
7/2/202618.97 AUD
7/1/202618.94 AUD
6/30/202619.67 AUD
6/29/202619.33 AUD
6/26/202619.20 AUD
6/25/202619.42 AUD
6/24/202619.38 AUD
6/23/202619.24 AUD
6/22/202619.54 AUD
6/19/202619.50 AUD
6/18/202619.64 AUD
6/17/202619.56 AUD
6/16/202619.57 AUD
6/15/202619.37 AUD
6/12/202619.58 AUD
6/11/202619.61 AUD
6/10/202619.30 AUD
6/9/202619.41 AUD
6/5/202619.02 AUD
6/4/202619.01 AUD
6/3/202618.57 AUD
6/2/202618.51 AUD
6/1/202618.51 AUD
5/29/202618.30 AUD
5/28/202618.49 AUD
5/27/202618.52 AUD
5/26/202618.34 AUD
5/25/202618.53 AUD
5/22/202618.54 AUD
5/21/202618.52 AUD
5/20/202618.24 AUD
5/19/202618.09 AUD
5/18/202617.83 AUD
5/15/202617.59 AUD
5/14/202617.21 AUD
5/13/202616.90 AUD
5/12/202617.65 AUD
5/11/202618.31 AUD
5/8/202618.48 AUD
5/7/202618.15 AUD
5/6/202617.65 AUD
5/5/202616.68 AUD
5/4/202616.05 AUD
5/1/202615.89 AUD
4/30/202615.77 AUD
4/29/202615.65 AUD
4/28/202615.59 AUD
4/27/202615.68 AUD
4/24/202615.80 AUD
4/23/202615.95 AUD
4/22/202615.78 AUD
4/21/202615.90 AUD
4/20/202615.69 AUD
4/17/202615.73 AUD
4/16/202615.41 AUD
4/15/202615.27 AUD
4/14/202615.24 AUD
4/13/202615.11 AUD
4/10/202615.51 AUD
4/9/202615.60 AUD
4/8/202615.79 AUD
4/7/202614.96 AUD
4/2/202614.96 AUD
4/1/202614.96 AUD
3/31/202614.66 AUD
3/30/202614.42 AUD
3/27/202614.65 AUD
3/26/202614.37 AUD
3/25/202614.48 AUD
3/24/202614.08 AUD
3/23/202613.71 AUD
3/20/202613.72 AUD
3/19/202614.02 AUD
3/18/202614.02 AUD
3/17/202613.79 AUD
3/16/202614.19 AUD
3/13/202614.29 AUD
3/12/202614.09 AUD
3/11/202615.34 AUD
3/10/202615.39 AUD
3/9/202615.50 AUD
3/6/202615.72 AUD
3/5/202615.47 AUD
2/26/202616.03 AUD
2/25/202616.11 AUD
2/24/202615.93 AUD
2/23/202616.70 AUD
2/20/202617.49 AUD
2/19/202617.44 AUD
2/18/202617.42 AUD
2/17/202617.02 AUD
2/16/202616.83 AUD
2/13/202616.70 AUD
2/12/202616.91 AUD
2/11/202617.48 AUD
2/10/202617.37 AUD
2/9/202617.15 AUD
2/6/202617.08 AUD
2/5/202616.95 AUD
2/4/202617.03 AUD
2/3/202617.35 AUD
2/2/202617.21 AUD
1/30/202617.12 AUD
1/29/202617.11 AUD
1/28/202617.28 AUD
1/27/202617.29 AUD
1/23/202617.34 AUD
1/22/202617.07 AUD
1/21/202617.10 AUD
1/20/202617.28 AUD
1/19/202617.25 AUD
1/16/202617.27 AUD
1/15/202617.12 AUD
1/14/202617.16 AUD
1/13/202617.49 AUD
1/12/202617.52 AUD
1/9/202617.46 AUD
1/8/202617.31 AUD
1/7/202617.25 AUD
1/6/202617.10 AUD
1/5/202616.90 AUD
1/2/202617.16 AUD
12/31/202517.08 AUD
12/30/202516.96 AUD
12/29/202516.91 AUD
12/24/202516.91 AUD
12/23/202517.13 AUD
12/22/202517.02 AUD
12/19/202516.77 AUD
12/18/202516.73 AUD
12/17/202516.48 AUD
12/16/202516.50 AUD
12/15/202516.40 AUD
12/12/202516.84 AUD
12/11/202516.88 AUD
12/10/202516.69 AUD
12/9/202517.03 AUD
12/8/202517.23 AUD
12/5/202517.22 AUD
12/4/202517.01 AUD
12/3/202517.05 AUD
12/2/202517.03 AUD
12/1/202516.86 AUD
11/28/202516.68 AUD
11/27/202516.46 AUD
11/26/202516.42 AUD
11/25/202516.22 AUD
11/24/202516.25 AUD
11/21/202515.89 AUD
11/20/202516.03 AUD
11/19/202515.81 AUD
11/18/202515.87 AUD
11/17/202516.01 AUD
11/14/202516.03 AUD
11/13/202516.02 AUD
11/12/202516.06 AUD
11/11/202515.88 AUD
11/10/202515.88 AUD
11/7/202515.81 AUD
11/6/202515.98 AUD
11/5/202516.11 AUD
11/4/202516.24 AUD
11/3/202516.16 AUD
10/31/202517.26 AUD
10/30/202517.17 AUD
10/29/202517.55 AUD
10/28/202517.40 AUD
10/27/202517.37 AUD
10/24/202517.28 AUD
10/23/202517.64 AUD
10/22/202517.44 AUD
10/21/202517.26 AUD
10/20/202517.36 AUD
10/17/202517.45 AUD
10/16/202517.12 AUD
10/15/202517.35 AUD
10/14/202517.08 AUD
10/13/202516.98 AUD
10/10/202517.09 AUD
10/9/202517.03 AUD
10/8/202516.57 AUD
10/7/202516.73 AUD
10/6/202517.28 AUD
10/3/202517.43 AUD
10/2/202517.51 AUD
10/1/202516.77 AUD
9/30/202516.76 AUD
9/29/202517.19 AUD
9/26/202517.15 AUD
9/25/202516.80 AUD
9/24/202516.84 AUD
9/23/202516.79 AUD
9/22/202516.81 AUD
9/19/202516.90 AUD
9/18/202516.93 AUD
9/17/202516.76 AUD
9/16/202517.17 AUD
9/15/202517.33 AUD
9/12/202517.77 AUD
9/11/202517.69 AUD
9/10/202518.91 AUD
9/9/202519.24 AUD
9/8/202519.42 AUD
9/5/202519.41 AUD
9/4/202519.23 AUD
9/3/202519.30 AUD
9/2/202519.79 AUD
9/1/202519.70 AUD
8/29/202519.61 AUD
8/28/202517.97 AUD
8/27/202518.08 AUD
8/26/202517.97 AUD
8/25/202518.00 AUD
8/22/202518.15 AUD
8/21/202518.47 AUD
8/20/202518.10 AUD
8/19/202518.25 AUD
8/18/202518.29 AUD
Access this data via the Eulerpool API
Get Free API Key

McMillan Shakespeare Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
464.00 M AUD
101.55 M AUD
32.27 M AUD
Jan 1, 2024
521.02 M AUD
155.92 M AUD
83.55 M AUD
Jan 1, 2025
563.48 M AUD
174.53 M AUD
95.34 M AUD
Jan 1, 2026 (e)
604.43 M AUD
176.71 M AUD
105.31 M AUD
Jan 1, 2027 (e)
628.04 M AUD
183.61 M AUD
111.09 M AUD
Jan 1, 2028 (e)
650.28 M AUD
190.11 M AUD
118.14 M AUD
Jan 1, 2029 (e)
668.79 M AUD
195.52 M AUD
119.22 M AUD
Jan 1, 2030 (e)
609.15 M AUD
142.04 M AUD
107.72 M AUD

McMillan Shakespeare Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 16, 2026, 8:17 PM
 
REVENUEM AUD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM AUD
EBITM AUD
EBIT MARGIN%
NET INCOMEM AUD
NET INCOME GROWTH%
DIV.AUD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
389.00504.00523.00545.00549.00493.00544.00418.00464.00521.00563.00604.00628.00650.00668.00609.00
12.1029.563.774.210.73-10.2010.34-23.1611.0012.288.067.283.973.502.77-8.83
119.0291.8788.5384.9584.3499.5999.45142.1199.7888.8782.2499.7899.7899.7899.7899.78
463.00463.00463.00463.00463.00491.00541.00594.00463.00463.00463.00602.70626.65648.60666.56607.69
107.00136.00134.00138.00127.0082.00116.0098.00101.00155.00174.00176.00183.00190.00195.00142.00
27.5126.9825.6225.3223.1316.6321.3223.4421.7729.7530.9129.1429.1429.2329.1923.32
67.0082.0067.0050.0063.001.0061.0070.0032.0083.0095.00105.00111.00118.00119.00107.00
21.8222.39-18.29-25.3726.00-98.416,000.0014.75-54.29159.3814.4610.535.716.310.85-10.08
0.740.900.941.041.060.490.880.971.772.202.111.992.252.56––
–21.624.4410.641.92-53.7779.5910.2382.4724.29-4.09-5.6913.0713.78––
77.7583.2683.3483.0885.0679.8177.9477.6172.4070.2170.0270.0270.0270.0270.0270.02
Details

Income Statement Key Figures

ⓘ

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales McMillan Shakespeare generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue McMillan Shakespeare retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare McMillan Shakespeare's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares McMillan Shakespeare has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against McMillan Shakespeare's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

McMillan Shakespeare stock margins

The McMillan Shakespeare margin analysis displays the gross margin, EBIT margin, as well as the profit margin of McMillan Shakespeare. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for McMillan Shakespeare.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
99.43 %
21.48 %
11.22 %
Jan 1, 2022
141.92 %
23.45 %
16.80 %
Jan 1, 2023
99.89 %
21.89 %
6.96 %
Jan 1, 2024
99.89 %
29.93 %
16.04 %
Jan 1, 2025
99.89 %
30.97 %
16.92 %
Jan 1, 2026 (e)
99.89 %
29.24 %
17.42 %
Jan 1, 2027 (e)
99.89 %
29.24 %
17.69 %
Jan 1, 2028 (e)
99.89 %
29.24 %
18.17 %

McMillan Shakespeare Stock Revenue, EBIT, Earnings per Share

The McMillan Shakespeare earnings per share therefore indicates how much revenue McMillan Shakespeare has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
6.99 AUD
1.50 AUD
0.78 AUD
Jan 1, 2022
5.39 AUD
1.26 AUD
0.91 AUD
Jan 1, 2023
6.41 AUD
1.40 AUD
0.45 AUD
Jan 1, 2024
7.42 AUD
2.22 AUD
1.19 AUD
Jan 1, 2025
8.05 AUD
2.49 AUD
1.36 AUD
Jan 1, 2026 (e)
8.63 AUD
2.52 AUD
1.50 AUD
Jan 1, 2027 (e)
8.97 AUD
2.62 AUD
1.59 AUD
Jan 1, 2028 (e)
9.29 AUD
2.72 AUD
1.69 AUD

McMillan Shakespeare business model & stock analysis

Mcmillan Shakespeare Ltd was founded in Australia in 1988 and specializes in providing financial solutions and salary packaging in the business sector in Australia and New Zealand. The company is headquartered in Melbourne and employs over 1,000 employees in various countries. The company works closely with clients and employers to develop customized salary packaging solutions that cover different needs. The business model of Mcmillan Shakespeare Ltd is designed to meet the needs of both employers and employees. The company offers a range of solutions to help customers support their employees while achieving their own business goals. The company's main division is the fleet management service, which supports businesses in managing their vehicle fleet. This includes vehicle selection and financing, maintenance and repair management, and compliance with legal regulations regarding company vehicles. In addition to the fleet management service, Mcmillan Shakespeare Ltd also offers salary packaging options. These solutions allow employees to convert parts of their salary into other benefits, such as leasing or purchasing options for cars, salary protection insurance, travel expense schemes, and more. The target audience for this is employees who want more flexibility in designing their working conditions and benefits. Furthermore, Mcmillan Shakespeare Ltd also has a financial division. The company offers financing products that help customers manage their own finances. These include loans, asset financing, and other financial products tailored to the needs of employers and employees. The products of Mcmillan Shakespeare Ltd are targeted at a variety of industries, including insurance, financial services, healthcare, and government organizations. The company also has clients in the education and retail sectors and works closely with employers to develop customized salary packaging programs tailored to the needs of their employees. Mcmillan Shakespeare Ltd has a strong presence in Australia and New Zealand and is a market leader in fleet management services and salary packaging options. The company has experienced solid growth in recent years and is able to expand its range of services and products through strategic acquisitions and partnerships. Overall, Mcmillan Shakespeare Ltd is a leading provider of financial and salary-related services and products in Australia and New Zealand. The company has gained a strong position in the market through innovative solutions and partnerships and is well positioned to continue growing in the future.

McMillan Shakespeare SWOT Analysis

Strengths

  • 1. Diversified service offerings:
  • McMillan Shakespeare Ltd (MSL) provides a wide range of services in the salary packaging, novated leasing, and asset management sectors. This diversification allows the company to capture multiple revenue streams and cater to different customer needs.
  • 2. Strong market position:
  • MSL has established a strong market position as one of the leading providers of salary packaging and fleet management solutions in Australia. Its long-standing presence and reputation in the industry provide the company with a competitive advantage over new entrants.
  • 3. Extensive customer base:
  • With a large and diverse customer base, MSL enjoys steady demand for its services. The company serves individuals, employers, government agencies, and corporate clients, ensuring a consistent and stable source of revenues.
  • 1. Vulnerability to economic conditions:
  • Due to its ties with employment and discretionary spending, MSL's business performance is sensitive to economic conditions. During economic downturns, customers may reduce discretionary spending on services like salary packaging and novated leasing, impacting MSL's revenues.
  • 2. Concentrated client base:
  • Despite having a wide customer base, MSL relies on several large clients for a significant portion of its revenue. The loss of any major client or a decline in their business could have a detrimental effect on MSL's financial performance.
  • 3. Regulatory and legal compliance:
  • As MSL operates in a highly regulated sector, it needs to ensure compliance with various laws and regulations. Any changes in legislation or non-compliance could result in penalties, reputational damage, or loss of business opportunities.
  • 1. Growing demand for salary packaging:
  • As more employees seek additional benefits and tax savings, the demand for salary packaging services is expected to increase. MSL can capitalize on this trend by expanding its customer base and offering innovative solutions to attract new clients.
  • 2. Expansion into international markets:
  • MSL has the opportunity to explore international markets and extend its services beyond Australia. By leveraging its expertise and reputation, the company can tap into new customer segments and diversify its geographic presence.
  • 3. Technological advancements:
  • Advancements in technology present opportunities for MSL to enhance its service offerings, improve operational efficiency, and develop innovative solutions. Embracing digital platforms, automation, and data analytics can streamline processes and provide a competitive edge.
  • 1. Intense competition:
  • The salary packaging and asset management industry is highly competitive, with numerous players vying for market share. Increased competition may lead to price pressures, reduced margins, and the need for continuous innovation to stay ahead.
  • 2. Economic volatility:
  • Fluctuations in the economy can significantly impact MSL's business. Unpredictable economic conditions, such as recessions or financial crises, may decrease customer demand, affect client retention, and disrupt business operations.
  • 3. Regulatory changes:
  • Changes in taxation policies, employment laws, or industry regulations can pose challenges for MSL. Adapting to new regulatory requirements and associated compliance costs can impact the company's profitability and operational flexibility.

Weaknesses

  • 1. Vulnerability to economic conditions:
  • Due to its ties with employment and discretionary spending, MSL's business performance is sensitive to economic conditions. During economic downturns, customers may reduce discretionary spending on services like salary packaging and novated leasing, impacting MSL's revenues.
  • 2. Concentrated client base:
  • Despite having a wide customer base, MSL relies on several large clients for a significant portion of its revenue. The loss of any major client or a decline in their business could have a detrimental effect on MSL's financial performance.
  • 3. Regulatory and legal compliance:
  • As MSL operates in a highly regulated sector, it needs to ensure compliance with various laws and regulations. Any changes in legislation or non-compliance could result in penalties, reputational damage, or loss of business opportunities.
  • 1. Growing demand for salary packaging:
  • As more employees seek additional benefits and tax savings, the demand for salary packaging services is expected to increase. MSL can capitalize on this trend by expanding its customer base and offering innovative solutions to attract new clients.
  • 2. Expansion into international markets:
  • MSL has the opportunity to explore international markets and extend its services beyond Australia. By leveraging its expertise and reputation, the company can tap into new customer segments and diversify its geographic presence.
  • 3. Technological advancements:
  • Advancements in technology present opportunities for MSL to enhance its service offerings, improve operational efficiency, and develop innovative solutions. Embracing digital platforms, automation, and data analytics can streamline processes and provide a competitive edge.
  • 1. Intense competition:
  • The salary packaging and asset management industry is highly competitive, with numerous players vying for market share. Increased competition may lead to price pressures, reduced margins, and the need for continuous innovation to stay ahead.
  • 2. Economic volatility:
  • Fluctuations in the economy can significantly impact MSL's business. Unpredictable economic conditions, such as recessions or financial crises, may decrease customer demand, affect client retention, and disrupt business operations.
  • 3. Regulatory changes:
  • Changes in taxation policies, employment laws, or industry regulations can pose challenges for MSL. Adapting to new regulatory requirements and associated compliance costs can impact the company's profitability and operational flexibility.

Opportunities

  • 1. Growing demand for salary packaging:
  • As more employees seek additional benefits and tax savings, the demand for salary packaging services is expected to increase. MSL can capitalize on this trend by expanding its customer base and offering innovative solutions to attract new clients.
  • 2. Expansion into international markets:
  • MSL has the opportunity to explore international markets and extend its services beyond Australia. By leveraging its expertise and reputation, the company can tap into new customer segments and diversify its geographic presence.
  • 3. Technological advancements:
  • Advancements in technology present opportunities for MSL to enhance its service offerings, improve operational efficiency, and develop innovative solutions. Embracing digital platforms, automation, and data analytics can streamline processes and provide a competitive edge.
  • 1. Intense competition:
  • The salary packaging and asset management industry is highly competitive, with numerous players vying for market share. Increased competition may lead to price pressures, reduced margins, and the need for continuous innovation to stay ahead.
  • 2. Economic volatility:
  • Fluctuations in the economy can significantly impact MSL's business. Unpredictable economic conditions, such as recessions or financial crises, may decrease customer demand, affect client retention, and disrupt business operations.
  • 3. Regulatory changes:
  • Changes in taxation policies, employment laws, or industry regulations can pose challenges for MSL. Adapting to new regulatory requirements and associated compliance costs can impact the company's profitability and operational flexibility.

Threats

  • 1. Intense competition:
  • The salary packaging and asset management industry is highly competitive, with numerous players vying for market share. Increased competition may lead to price pressures, reduced margins, and the need for continuous innovation to stay ahead.
  • 2. Economic volatility:
  • Fluctuations in the economy can significantly impact MSL's business. Unpredictable economic conditions, such as recessions or financial crises, may decrease customer demand, affect client retention, and disrupt business operations.
  • 3. Regulatory changes:
  • Changes in taxation policies, employment laws, or industry regulations can pose challenges for MSL. Adapting to new regulatory requirements and associated compliance costs can impact the company's profitability and operational flexibility.

McMillan Shakespeare Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

McMillan Shakespeare historical P/E ratio, EBIT multiple, and P/S ratio

McMillan Shakespeare annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

McMillan Shakespeare shares outstanding

The number of shares of McMillan Shakespeare was 70.02 M in 2025. This indicates how many shares McMillan Shakespeare is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
77.94 M Stocks
Jan 1, 2022
77.61 M Stocks
Jan 1, 2023
72.40 M Stocks
Jan 1, 2024
70.21 M Stocks
Jan 1, 2025
70.02 M Stocks
Jan 1, 2026 (e)
70.02 M Stocks
Jan 1, 2027 (e)
70.02 M Stocks
Jan 1, 2028 (e)
70.02 M Stocks

McMillan Shakespeare Dividend History

22 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.89AUDYTD—1×
Mar 12, 20260.89AUD↓ 19.5%1/1
20252.11AUD↓ 3.9%2×
Mar 13, 20251.01AUD↓ 9.0%1/2
Sep 11, 20251.10AUD↑ 8.5%2/2
20242.20AUD↑ 24.2%2×
20231.77AUD↑ 14.8%2×
20221.54AUD↑ 76.2%2×
20210.88AUD↑ 80.3%2×
20200.49AUD↓ 54.1%1×
20191.06AUD↑ 1.4%2×
20181.04AUD↑ 10.6%2×
20170.94AUD↑ 4.8%2×

McMillan Shakespeare dividend history and estimates

In 2025, McMillan Shakespeare paid a dividend amounting to 2.11 AUD. Dividend means that McMillan Shakespeare distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.88 AUD
0.00 AUD
Jan 1, 2022 (e)
1.54 AUD
-0.57 AUD
Jan 1, 2023
1.77 AUD
0.00 AUD
Jan 1, 2024
2.20 AUD
0.00 AUD
Jan 1, 2025
2.11 AUD
0.00 AUD
Jan 1, 2026
1.99 AUD
0.00 AUD
Jan 1, 2027 (e)
0.00 AUD
2.25 AUD
Jan 1, 2028 (e)
0.00 AUD
2.56 AUD

McMillan Shakespeare dividend payout ratio

In 2025, McMillan Shakespeare had a payout ratio of 154.55%. The payout ratio indicates the percentage of the company's profits that McMillan Shakespeare distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
111.77 %
Jan 1, 2022
171.43 %
Jan 1, 2023
402.60 %
Jan 1, 2024
184.87 %
Jan 1, 2025
154.55 %
Jan 1, 2026 (e)
132.03 %
Jan 1, 2027 (e)
141.97 %
Jan 1, 2028 (e)
151.45 %

Current McMillan Shakespeare forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.03 %
Buy
70.00 % (7)
Hold
30.00 % (3)
Sell
0.00 % (0)
12M Price Target
20.24
Last Price
20.44
Currency
AUD
12M Return Potential
-0.97 %
LTM Return
0 %

McMillan Shakespeare Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
2/19/20240.60AUD-251.09 MAUD-2024 Q2
8/28/20230.53AUD-318.55 MAUD-2023 Q4
2/20/20230.49AUD-313.83 MAUD-2023 Q2
8/29/20220.51AUD-319.31 MAUD-2022 Q4
2/23/20220.53AUD-266.07 MAUD-2022 Q2
8/25/20140.45AUD-188.91 MAUD-2014 Q4
2/18/20140.25AUD-154.24 MAUD-2014 Q2
2/17/20090.16AUD-35.42 MAUD-2009 Q2

EESG©

Eulerpool ESG Scorecard© for the McMillan Shakespeare stock

59/100
32
Environment
82
Social
63
Governance
E

Environment

20
Scope 1 - Direct Emissions326
Scope 2 - Indirect emissions from purchased energy648
Scope 3 - Indirect emissions within the value chain2,642
Total CO₂ emissions974
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees57.311
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

McMillan Shakespeare shareholder structure

% Name
2.39060%
Mirae Asset Global Investments (USA) LLC
Mirae Asset Global Investments (USA) LLC
2.03202%
Vanguard Investments Australia Ltd.
Vanguard Investments Australia Ltd.
1.51167%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
1.45911%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.19879%
DFA Australia Ltd.
DFA Australia Ltd.
1.06280%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)

McMillan Shakespeare Beneficial Ownership Filings (SEC 13D/G)

Free Float
82.6%
Float Shares
-
Shares Outstanding
-

McMillan Shakespeare Executives and Management Board

9 members · 44 % women

RL

Mr. Rob De Luca

Chief Executive Officer, Managing Director, Executive Director · since 2022

1.82 M AUD

Management

NH

Mr. Nick Hamilton

Acting Chief Financial Officer

–
ES

Ms. Elizabeth Spooner

Company Secretary

–

Board of Directors

HK

Ms. Helen Kurincic

Independent Non-Executive Chairman of the Board

255,000.00 AUD
KP

Ms. Kathryn Parsons

Independent Non-Executive Director

154,590.00 AUD
BA

Mr. Bruce Akhurst

Independent Non-Executive Director

154,589.00 AUD
AT

Mrs. Arlene Tansey

Independent Non-Executive Director

141,919.00 AUD
JB

Mr. John Bennetts

Non-Executive Director

116,578.00 AUD
RC

Mr. Ross Chessari

Non-Executive Director

116,578.00 AUD

McMillan Shakespeare Supply Chain

McMillan Shakespeare Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
4 companies
#NameTrend
1
JPMorgan Chase
Supplier·Customer·Banks·US
0.71
0.46
0.47
0.47
0.71
0.82
2
Citigroup
Supplier·Customer·Banks·US
0.10
0.04
0.47
0.34
0.65
0.64
3
HSBC Holdings
Supplier·Customer·Banks·GB
0.46
0.44
0.20
-0.31
-0.72
0.38
#NameTrend
1
EML Payments
Supplier·IT Services·AU
-0.37
0.61
0.58
0.53
0.49
0.12

Frequently asked questions about McMillan Shakespeare

Mcmillan Shakespeare Ltd. is a leading provider of salary packaging and fleet management services in Australia. The company's business model revolves around offering innovative solutions to its clients, enabling them to maximize the value of their employee benefits and vehicle fleets. Mcmillan Shakespeare Ltd. works closely with employers, employees, and government sectors to design and implement customized salary packaging programs, including novated leasing, vehicle leasing, and asset management services. By leveraging its deep industry knowledge and extensive network of suppliers, Mcmillan Shakespeare Ltd. strives to deliver seamless and cost-effective solutions that ultimately enhance employee satisfaction and organizational success.

Mcmillan Shakespeare Ltd is primarily active in the financial and professional services industry.

Some of the main competitors of Mcmillan Shakespeare Ltd in the market are Smartgroup Corporation Ltd, AP Eagers Limited, and SG Fleet Group Limited.

Mcmillan Shakespeare Ltd is an Australian company that provides salary packaging, fleet and asset management, and retail financial products and services. Established in 1988, Mcmillan Shakespeare has grown to become a leading provider in the industry. With a focus on delivering innovative solutions to their clients, the company has expanded its operations both locally and internationally. Over the years, Mcmillan Shakespeare has built a strong reputation for its expertise and customer-centric approach. Today, it continues to thrive and evolve, offering comprehensive and tailored solutions to help individuals and businesses effectively manage their finances and assets.

Mcmillan Shakespeare Ltd has accomplished several significant milestones throughout its history. Notably, the company successfully established itself as a leading provider of salary packaging, novated leasing, and fleet management services in Australia. Moreover, Mcmillan Shakespeare Ltd expanded its operations by acquiring various companies, enhancing its market presence and diversified service offerings. The company readily adapted to changing industry dynamics, focusing on technological advancements and innovative solutions to meet client demands effectively. By placing customer satisfaction at the forefront, Mcmillan Shakespeare Ltd has consistently achieved sustainable growth and maintained a strong financial position in the market.

Mcmillan Shakespeare Ltd is primarily present in Australia and New Zealand. With its headquarters in Melbourne, Australia, the company serves as a leading provider of salary packaging and fleet management services in these regions. Mcmillan Shakespeare's extensive presence and expert solutions have allowed them to establish a strong foothold in both countries, catering to a wide range of clients and industries. Through their local expertise and comprehensive service offerings, Mcmillan Shakespeare Ltd has become a trusted name in the Australian and New Zealand markets.

Mcmillan Shakespeare Ltd represents values of trust, integrity, and professionalism. As a company, they are committed to providing quality services and solutions in the areas of salary packaging, fleet management, and retail financing. With a customer-centric approach, Mcmillan Shakespeare Ltd is dedicated to building long-term relationships and delivering value to their clients. Their corporate philosophy emphasizes innovation, teamwork, and a strong work ethic. Mcmillan Shakespeare Ltd strives to continuously improve and adapt to the changing needs of their customers, ensuring sustainable growth and success.

Analysts currently set an average price target of 20.08 AUD for the McMillan Shakespeare stock (median: 20.24 AUD), implying -1.8 % versus the latest price. The consensus is based on 10 analyst ratings.

McMillan Shakespeare Analyst Price Targets 2026

10 analysts currently rate the McMillan Shakespeare stock: 6 recommend buying, 4 holding and 0 selling. For 2026, analysts expect McMillan Shakespeare to generate revenue of 604.43 M AUD and earnings per share of 1.50 AUD.

McMillan Shakespeare Analyst Price Targets 2026

Converted at the current exchange rate, the McMillan Shakespeare share trades at 12.51 EUR (20.44 AUD).

The McMillan Shakespeare share (MMS.AX) is listed on 2 stock exchanges, including: Frankfurt (NMN.F), ASX (MMS.AX).

Mcmillan Shakespeare Ltd is a company that provides financial and mobility solutions for businesses and individuals. It was founded in 1988 and is based in Melbourne, Australia. The company's business model includes salary packaging, fleet management, and financial services. Mcmillan Shakespeare operates in Australia, New Zealand, and the UK, serving clients in various industries including government, education, healthcare, and businesses. The company offers a range of products and services in each of its three main areas of operation. It has expanded internationally and plans to continue growing in the future.

The expected revenue of McMillan Shakespeare is 604.43 M AUD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of McMillan Shakespeare is 105.31 M AUD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of McMillan Shakespeare is currently 13.59. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the McMillan Shakespeare stock.

The price-to-sales ratio (P/S) of McMillan Shakespeare is currently 2.37. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the McMillan Shakespeare stock.

The Eulerpool Quality Score for McMillan Shakespeare is 6/10.

The ISIN of McMillan Shakespeare is AU000000MMS5. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of McMillan Shakespeare is A0B9M1. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of McMillan Shakespeare is MMS.AX. The ticker symbol is used to trade McMillan Shakespeare shares on the stock exchange.

Over the past 12 months, McMillan Shakespeare paid a dividend of 2.11 AUD . This corresponds to a dividend yield of about 10.34 %. For the coming 12 months, McMillan Shakespeare is expected to pay a dividend of 2.25 AUD.

The current dividend yield of McMillan Shakespeare is 10.34 %.

McMillan Shakespeare pays a dividend, distributed in the months of , , , .

McMillan Shakespeare paid dividends every year for the past 21 years.

For the upcoming 12 months, dividends amounting to 2.25 AUD are expected. This corresponds to a dividend yield of 11.02 %.

McMillan Shakespeare is assigned to the 'Industry' sector.

To receive the latest dividend of McMillan Shakespeare from amounting to 0.89 AUD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, McMillan Shakespeare distributed 2.03 AUD as dividends.

The dividends of McMillan Shakespeare are distributed in AUD.

All fundamentals and in-depth analysis of McMillan Shakespeare

Our stock analysis for McMillan Shakespeare 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 McMillan Shakespeare. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

McMillan Shakespeare Stock
McMillan Shakespeare Revenue→
McMillan Shakespeare Stock
McMillan Shakespeare Net Income→
McMillan Shakespeare Stock
McMillan Shakespeare P/E→
McMillan Shakespeare Stock
McMillan Shakespeare P/S→
McMillan Shakespeare Stock
McMillan Shakespeare EBIT→
McMillan Shakespeare Stock
McMillan Shakespeare Dividend→
McMillan Shakespeare Stock
McMillan Shakespeare Directors Dealings→
McMillan Shakespeare Stock
McMillan Shakespeare Stocks→
McMillan Shakespeare Stock
McMillan Shakespeare Market capitalization→
McMillan Shakespeare Stock
McMillan Shakespeare Debt→
McMillan Shakespeare Stock
McMillan Shakespeare Liabilities→
McMillan Shakespeare Stock
McMillan Shakespeare Equity→
McMillan Shakespeare Stock
McMillan Shakespeare AAQS→
McMillan Shakespeare Stock
McMillan Shakespeare Employees→
McMillan Shakespeare Stock
McMillan Shakespeare ROE→
McMillan Shakespeare Stock
McMillan Shakespeare ROA→
McMillan Shakespeare Stock
McMillan Shakespeare ROCE→
McMillan Shakespeare Stock
McMillan Shakespeare News→
McMillan Shakespeare Stock
McMillan Shakespeare Analyst Price Targets→

Industry Stocks

McNally Bharat Engg CoMClean Technologies BhdmcrMcGrath RentMCS ServicesMBL InfrastructureMDA SpaceMBBMears GroupMazdaMECOM Power and ConstructionMazagon Dock ShipbuildersAll Stocks A–Z →