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McMillan ShakespeareASX:MMS -1.00%81 5-Year Yield-on-Cost % is 24.71 as of Jul. 29, 2026, which is 27% above its 10-year median of 19.42. GuruFocus rates ASX:MMS with a GF Score™ of 81/100 and a GF Value™ of A$24.70 (Modestly Undervalued). The stock has 13 warning signs investors should review. Among 594 Business Services companies, McMillan Shakespeare ranks better than 96.8% on this metric.
McMillan Shakespeare's yield on cost for the quarter that ended in Dec. 2025 was 24.71.
The historical rank and industry rank for McMillan Shakespeare's 5-Year Yield-on-Cost % or its related term are showing as below:
ASX:MMS'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 7.37 Med: 19.42 Max: 41.44
Current: 24.71
During the past 13 years, McMillan Shakespeare's highest Yield on Cost was 41.44. The lowest was 7.37. And the median was 19.42.
ASX:MMS's 5-Year Yield-on-Cost % is ranked better than 96.8% of 594
companies
in the Business Services industry
Industry Median: 4.055
vs ASX:MMS: 24.71
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
McMillan Shakespeare 5-Year Yield-on-Cost % Related Terms
ASX:MMS vs KFY, RHI, TNET: 5-Year Yield-on-Cost % Comparison
For the Staffing & Employment Services subindustry, McMillan Shakespeare's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
McMillan Shakespeare 5-Year Yield-on-Cost % vs Business Services Industry
For the Business Services industry and Industrials sector, McMillan Shakespeare's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where McMillan Shakespeare's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
McMillan Shakespeare (ASX:MMS) has a 5-Year Yield-on-Cost % of 24.71 as of Jul. 29, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on McMillan Shakespeare and its competitors. This is 27% above median its historical median of 19.42. Over the past decade, McMillan Shakespeare's 5-Year Yield-on-Cost % has ranged from 7.37 to 41.44. According to the industry distribution chart, McMillan Shakespeare ranks #19 out of 594 companies in the Business Services industry, placing it in the top 3.2%.
Is McMillan Shakespeare's 5-Year Yield-on-Cost % too high?
McMillan Shakespeare's current 5-Year Yield-on-Cost % of 24.71 is 27% above median its 10-year median of 19.42. Over the past 10 years, this metric has ranged from a low of 7.37 to a high of 41.44. The Business Services industry median 5-Year Yield-on-Cost % is 4.06. McMillan Shakespeare's value of 24.71 is 509.4% above this industry median. Based on the distribution chart, McMillan Shakespeare ranks #19 out of 594 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, McMillan Shakespeare has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does McMillan Shakespeare's 5-Year Yield-on-Cost % compare to KFY and RHI?
According to the Business Services industry distribution chart, McMillan Shakespeare ranks #19 out of 594 companies for 5-Year Yield-on-Cost %. This places McMillan Shakespeare in the top 3% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 4.06. McMillan Shakespeare's value of 24.71 is 509.4% above this benchmark. Historically, McMillan Shakespeare's own 5-Year Yield-on-Cost % has ranged from 7.37 to 41.44 over the past decade. While the company's 10-year median is 19.42 vs. the industry median of 4.06, McMillan Shakespeare has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for a Business Services company?
The median 5-Year Yield-on-Cost % among Business Services companies is 4.06, based on 594 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. McMillan Shakespeare's current 5-Year Yield-on-Cost % of 24.71 is 509.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on McMillan Shakespeare and its competitors. For the Business Services industry, the median 5-Year Yield-on-Cost % is 4.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McMillan Shakespeare's current 5-Year Yield-on-Cost % is 24.71, which is 27% above median its own 10-year median of 19.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McMillan Shakespeare stock overvalued right now?
Based on GuruFocus' analysis, McMillan Shakespeare (ASX:MMS) is currently considered Modestly Undervalued. The stock's GF Value™ is A$24.70, compared to a current price of A$19.85 — trading 19.6% below its estimated fair value. The current 5-Year Yield-on-Cost % is 24.71, which is 27% above median its 10-year median of 19.42 and 509.4% above the Business Services industry median of 4.06. McMillan Shakespeare's overall GF Score™ is 81/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For McMillan Shakespeare (ASX:MMS), the current 5-Year Yield-on-Cost % is 24.71 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is McMillan Shakespeare (ASX:MMS) Overvalued in 2026?
Based on GuruFocus' analysis, McMillan Shakespeare stock appears to be undervalued.
The current stock price of A$19.85 is trading 19.6% below its estimated GF Value™ of A$24.70.
GuruFocus considers McMillan Shakespeare to be Modestly Undervalued.
Key valuation signals for ASX:MMS:
5-Year Yield-on-Cost %: 24.71 (27% above median its 10-year median of 19.42)
GF Value™: A$24.70 vs. price of A$19.85 (19.6% below fair value)
Industry Position: 509.4% above the Business Services median (#19 of 594)
No single metric tells the full story. See the ASX:MMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia's salary packaging market together with Smartgroup (also covered by Morningstar), and is also a large provider of novated leasing services by volumes—together with Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group's revenue is generated from the group remuneration services segment.
81GF Score
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