MFF Capital Investments Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share -0.38
Dividend & Yield0.08$ (3.09%)
Beta 0.71
Market capitalization 1.47B
Operating cash flow -221.63M
ESG Scores unknown

Company description

MFF Capital Investments Limited is a closed ended equity mutual fund launched and managed by Magellan Asset Management Limited. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies. It seeks to benchmarks the performance of its portfolio against the MSCI World Index. The fund was formerly known as Magellan Flagship Fund Limited. MFF Capital Investments Limited was formed on November 10, 2006 and is domiciled in Australia.

Sector: Financial Services - Industry: Asset Management

Financial data

Financial Statements

Cashflow Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Change To Liabilities 203k 147k 112k -2k
Total Cashflows From Investing Activities
Net Borrowings 39.02M -110.77M 102.41M 251.01M
Total Cash From Financing Activities 23.73M -218.82M 116.19M 251.82M
Change To Operating Activities -292.39M
Issuance Of Stock 40.32M 40.32M 40.32M 32.48M
Net Income 218.57M 25.09M 217.53M -170.78M
Change In Cash 136k 679.89M -677.11M 30.19M
Effect Of Exchange Rate
Total Cash From Operating Activities -23.6M 898.7M -793.29M -221.63M
Depreciation
Change To Account Receivables 204k 396k -294k -632k
Other Cashflows From Financing Activities -2.12M -1.23M -552k -1.34M
Change To Netincome 1.25M 995.39M -1.1B 40.32M
Capital Expenditures

Income Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Research Development
Income Before Tax 312.24M 35.84M 310.7M -244.06M
Net Income 218.57M 25.09M 217.53M -170.78M
Selling General Administrative 6.6M 7.29M 6.2M 6.4M
Gross Profit 318.84M 117.98M 342.88M -219.01M
Ebit 312.07M 110.38M 336.44M -225.66M
Operating Income 312.07M 110.38M 336.44M -225.66M
Interest Expense -2.12M -1.23M -310k -1.34M
Income Tax Expense 93.66M 10.75M 93.18M -73.28M
Total Revenue 318.84M 117.98M 342.88M -219.01M
Cost Of Revenue
Total Other Income ExpenseNet 165k -74.54M -25.73M -18.4M
Net Income From Continuing Ops 218.57M 25.09M 217.53M -170.78M
Net Income Applicable To Common Shares 218.57M 25.09M 217.53M -170.78M

Balance Sheet Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Total Liabilities 346.26M 183.47M 404.78M 581.59M
Total Stockholder Equity 1.44B 1.36B 1.59B 1.42B
Other Current Liabilities 13.02M 1.8M 89k 11.21M
Total Assets 1.79B 1.55B 2B 2.01B
Common Stock 605.46M 631.75M 679.65M 722.39M
Other Current Assets
Retained Earnings 838.13M 730.12M 913.91M 702.55M
Treasury Stock
Cash 244k 680.13M 3.02M 33.21M
Total Current Liabilities 54.78M 3.01M 135.36M 413.8M
Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets 1.79B 1.55B 2B 2.01B
Net Tangible Assets 1.44B 1.36B 1.59B 1.42B
Net Receivables 730k 327k 617k 1.25M
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to MFF Capital Investments Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
MacKay (Christopher John)D2022-08-26Managing Director285.86k
MacKay (Christopher John)D2022-08-19Managing Director178k
MacKay (Christopher John)D2022-08-12Managing Director319.67k
MacKay (Christopher John)D2022-08-05Managing Director306.26k
Chaplain (Sally Annabelle)Purchase at price 1.80 per share.D2022-08-03Independent Non-Executive Chairman19.25k
MacKay (Christopher John)D2022-07-28Managing Director70k
MacKay (Christopher John)D2022-06-29Managing Director289.27k
MacKay (Christopher John)D2022-06-24Managing Director338.42k
MacKay (Christopher John)Purchase at price 1.56 per share.D2022-06-17Managing Director272.37k
MacKay (Christopher John)Purchase at price 1.74 per share.D2022-06-10Managing Director352k
MacKay (Christopher John)D2022-06-03Managing Director195k
MacKay (Christopher John)D2022-05-27Managing Director307.51k
MacKay (Christopher John)Purchase at price 1.74 per share.D2022-05-20Managing Director184.28k
MacKay (Christopher John)Purchase at price 1.74 per share.D2022-05-17Managing Director75.8k
MacKay (Christopher John)D2022-05-13Managing Director368.2k
MacKay (Christopher John)Acquisition at price 1.74 per share.D2022-05-13Managing Director1.39M
Montgomery (Peter)Acquisition at price 1.74 per share.D2022-05-13Independent Non-Executive Director4.94k
Chaplain (Sally Annabelle)Acquisition at price 1.74 per share.D2022-05-13Chairman of the Board6.08k
MacKay (Christopher John)D2022-05-06Managing Director257.11k
MacKay (Christopher John)D2022-04-21Managing Director201k
MacKay (Christopher John)D2022-04-14Managing Director1.96M
MacKay (Christopher John)D2022-04-08Managing Director217k
MacKay (Christopher John)D2022-03-29Managing Director64.5k
MacKay (Christopher John)D2022-03-25Managing Director263.08k
MacKay (Christopher John)D2022-03-18Managing Director289.52k
Chaplain (Sally Annabelle)Purchase at price 1.83 per share.D2022-03-16Chairman of the Board10k
MacKay (Christopher John)D2022-03-11Managing Director243.12k
MacKay (Christopher John)D2022-03-04Managing Director144k
MacKay (Christopher John)D2022-02-25Managing Director202.96k
MacKay (Christopher John)D2022-02-18Managing Director215.5k
MacKay (Christopher John)D2022-02-11Managing Director90k
Chaplain (Sally Annabelle)Purchase at price 2.02 per share.D2022-02-08Chairman of the Board17.7k
MacKay (Christopher John)D2022-02-04Managing Director189.26k
Montgomery (Peter)Exercise at price 1.86 per share.D2022-02-03Independent Non-Executive Director216.69k
MacKay (Christopher John)D2022-01-28Managing Director162k
MacKay (Christopher John)D2021-12-30Managing Director50k
MacKay (Christopher John)D2021-12-23Managing Director570.7k
MacKay (Christopher John)D2021-12-17Managing Director535.45k
MacKay (Christopher John)D2021-12-10Managing Director595.78k
MacKay (Christopher John)D2021-12-03Managing Director461.08k
Chaplain (Sally Annabelle)Purchase at price 2.03 per share.D2021-12-02Chairman of the Board17.5k
MacKay (Christopher John)D2021-11-26Managing Director302.77k
MacKay (Christopher John)D2021-11-19Managing Director230.66k
MacKay (Christopher John)D2021-11-12Managing Director262.64k
MacKay (Christopher John)Acquisition at price 2.14 per share.D2021-11-05Managing Director1.09M
MacKay (Christopher John)D2021-11-05Managing Director19.93k
Montgomery (Peter)Acquisition at price 2.14 per share.D2021-11-05Independent Non-Executive Director1.64k
Chaplain (Sally Annabelle)Acquisition at price 2.14 per share.D2021-11-05Chairman of the Board4.66k
MacKay (Christopher John)D2021-11-02Managing Director45.91k
MacKay (Christopher John)D2021-10-28Managing Director234.55k
MacKay (Christopher John)D2021-10-22Managing Director372.94k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MFF Capital Investments Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MFF Capital Investments Limited

Here is the result of two systematic investment strategies applied to MFF Capital Investments Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MFF Capital Investments Limited

The following chart shows the equity curve of the two systematic investment strategies applied to MFF Capital Investments Limited:

MFF Capital Investments Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 2.55% on the backtest period.

Performance at glance

Performance

2.55 %

Latent gain

57.49 $

Invested capital

2250.37 $

Annualized return

0.62 %
Build your Trading System
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Momentum strategy results on MFF Capital Investments Limited

This is the result of two momentum investment strategies applied to MFF Capital Investments Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MFF Capital Investments Limited

The following chart shows all the entries opened by the momentum investment system on MFF Capital Investments Limited:

MFF Capital Investments Limited momentum entries
  • The first momentum investment strategy would give 4.68% of return on MFF Capital Investments Limited. That represents 222.45$ of latent gain with 4750.5$ of employed capital.
  • The second momentum investment strategy would give 1.69% of return on MFF Capital Investments Limited. That represents 54.83$ of latent gain with 3247.62$ of employed capital.
Performance at glance (1Q Momentum)

Performance

4.68 %

Latent gain

222.45 $

Invested capital

4750.5 $

Annualized return

-6.28 %
Performance at glance (2Q Momentum)

Performance

1.69 %

Latent gain

54.83 $

Invested capital

3247.62 $

Annualized return

0.47 %

Momentum equity curve on MFF Capital Investments Limited

The following chart shows the equity curve of the two momentum strategies applied to MFF Capital Investments Limited:

MFF Capital Investments Limited momentum equity

Note: the dividends potentially given by MFF Capital Investments Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MFF Capital Investments Limited

The following chart shows the employed capital evolution of the two momentum strategies on MFF Capital Investments Limited since the beginning:

MFF Capital Investments Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on MFF Capital Investments Limited

Buy the dip entry openings on MFF Capital Investments Limited

MFF Capital Investments Limited

The performance achieved by the robo-advisor on MFF Capital Investments Limited is -13.18%. That represents -32.76$ of latent gain with 248.64$ of employed capital. The following chart shows MFF Capital Investments Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MFF Capital Investments Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-13.18 %

Latent gain

-32.76 $

Invested capital

248.64 $

Annualized return

-6.28 %

Equity curve of the strategy applied to MFF Capital Investments Limited

The following chart shows the result of the investment strategy applied to MFF Capital Investments Limited:

MFF Capital Investments Limited

Note: the dividends potentially given by MFF Capital Investments Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MFF Capital Investments Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on MFF Capital Investments Limited:

MFF Capital Investments Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MFF Capital Investments Limited

In this section, I will compare the three previous investment strategies applied to MFF Capital Investments Limited.

Equity curve comparison on MFF Capital Investments Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MFF Capital Investments Limited investment strategy comparison

Employed capital comparison on MFF Capital Investments Limited

MFF Capital Investments Limited investment comparison

Performance comparison on MFF Capital Investments Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 2.55% 57.49$ 2250.37$ 0.62%
Momentum 1 quarter 4.68% 222.45$ 4750.5$ 1.21%
Momentum 2 quarters 1.69% 54.83$ 3247.62$ 0.47%
Non-directional -13.18% -32.76$ 248.64$ -6.28%
Annualized return comparison

Automatic investment

0.62 %

Momentum 1Q

0.47 %

Momentum 2Q

0.47 %

Non-directional

-6.28 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MFF Capital Investments Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between MFF Capital Investments Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of MFF Capital Investments Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name MFF Capital Investments Limited
Country Australia
City Sydney
Address MLC Centre Level 36
Phone 61-2-9235-4888
Website www.magellangroup.com.au/mff/
FullTime employees
Industry Asset Management
Sector Financial Services
Exchange XASX
Ticker MFF.XASX
Market www2.asx.com.au

MFF Capital Investments Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown