Mff Capital Investments Ltd. · ASX:MFF
Mff Capital Investments — FY2026 Earnings Presentation
12 slides from Mff Capital Investments's earnings presentation, Aug 13, 2026
Slide 1: MFF Capital Investments Full Year Results Briefing
MFF Capital Investments Full Year Results Briefing Year ended 30 June 2026 13 AUGUST 2026
Slide 2: Important Information
Important Information This presentation has been prepared by MFF Capital Investments Limited ABN 32 121 977 884 (“MFF”) for informational purposes only. It does not constitute an offer, invitation, solicitation or recommendation to subscribe for or purchase securities in MFF or any other financial p
Slide 3: Business Overview
Business Overview MFF aims to build lasting wealth for shareholders primarily through long-term ownership of advantaged businesses • One of Australia’s largest listed investment companies - $3.0 billion market capitalisation1 • Long-term track record of compounding shareholder capital – net assets (
Slide 4: Objectives & Approach
Objectives & Approach OBJECTIVES Maximise compound risk adjusted Minimise risk of permanent capital loss after-tax returns APPROACH UNCONSTRAINED DISCIPLINED LONG TERM Analytical focus on Flexible capital allocation, opportunity cost, quality and An investment mindset that adaptive to evolving marke
Slide 5: FY26 Overview
FY26 Overview Year ended 30 June 2026 $225.0m $159.6m $119.5m $38.0m Net profit before tax Net profit after tax Cash tax paid Dividend & distribution mark-to-market mark-to-market income received net of withholding tax FY25: $615.6m FY25: $432.0m FY25: $91.6m FY25: $32.8m $2,968.5m $2,523.0m $431.8m
Slide 6: Shareholder Returns
Shareholder Returns Years ended 30 June 2026 35% Compound Returns (% per annum) 30.3% 30% 25% 20.6% 20% 19.6% 17.3% 15.5% 14.7% 15.2% 15% 14.4% 14.0% 10% 5% 0% 3 year 5 year 10 year MFF Pre-tax NTA (tax reinstated) MFF Post-tax NTA Share Price TSR MFF Portfolio There are three measures used to asses
Slide 7: Dividends
Dividends MFF intends to increase the rate of the six-monthly 11.0 cents per share 12cps dividend to 12 cents per share for the period ending 31 December 20261. FY26 declared final dividend 26% Annual fully franked dividends (cents per share) Five-year dividend compound annual 25 growth rate (CAGR)2
Slide 8: 10-year Outcomes
10-year Outcomes FY2017 – FY2026 Net profits after tax Total dividends1 Cash tax paid $2,052m $558m $513m after full 30% tax on unrealised and realised fully franked, other than FY17 interim dividend supporting payment of fully franked dividends gains franked at 85% and franking credit balance of $2
Slide 9: MFF Portfolio Holdings
% % MFF Portfolio MasterCard Alphabet Class A 8.8 8.4 Oversea – Chinese Banking US Bancorp 1.8 1.6 Holdings Visa Bank of America 8.4 8.1 United Overseas Bank Allianz 1.5 0.9 As at 31 July 2026 Amazon 7.8 Alphabet Class C 0.8 American Express 6.3 CVS Health 0.8 Microsoft 5.9 CK Hutchinson 0.8 Meta Pl
Slide 10: Our Evolution
Our Evolution FY07 – FY13 FY14 – FY25 FY26 Magellan Flagship Fund MFF Capital Investments MFF Capital Investments Investment management1 External IMA Internal PM Internal PM Additional research support Outsourced Outsourced Internal2 Back-office capabilities Outsourced Outsourced Internal Average Mg
Slide 11: Outlook
Outlook • MFF is positioned to withstand current market volatility and make opportunistic portfolio changes/additions over time ꟷ Portfolio remains concentrated in advantaged businesses, with resilience demonstrated throughout the challenging conditions of 2026 ꟷ Unconstrained mandate ꟷ Capital stru
Slide 12: Q&A
|Q&A e 1 i | Capital Investments
MFF Capital Investments — FY2026 Earnings Presentation on 6ix