| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
MXI Overview
MaxiPARTS Limited, together with its subsidiaries, supplies truck and trailer parts in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$3.40 |
| 52 Week High | AU$1.15 |
| 52 Week Low | AU$4.01 |
| Beta | 0.98 |
| 1 Month Change | -13.71% |
| 3 Month Change | 51.11% |
| 1 Year Change | 172.00% |
| 3 Year Change | 30.77% |
| 5 Year Change | 7.94% |
| Change since IPO | 70.00% |
Recent News & Updates
Is MaxiPARTS (ASX:MXI) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Shareholders Will Be Pleased With The Quality of MaxiTRANS Industries' (ASX:MXI) Earnings
MaxiTRANS Industries Limited's ( ASX:MXI ) robust earnings report didn't manage to move the market for its stock. Our...
Shareholder Returns
| MXI | AU Machinery | AU Market | |
|---|---|---|---|
| 7D | -12.6% | -0.9% | 0.9% |
| 1Y | 172.0% | 59.2% | 20.2% |
Return vs Industry: MXI exceeded the Australian Machinery industry which returned 59.2% over the past year.
Return vs Market: MXI exceeded the Australian Market which returned 20.2% over the past year.
Price Volatility
| MXI volatility | |
|---|---|
| MXI Beta | 0.98 |
| Industry Beta | 1.32 |
| Market Beta | 1 |
Stable Share Price: MXI is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: MXI's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1946 | n/a | Peter Loimaranta | https://www.maxitrans.com |
MaxiPARTS Limited, together with its subsidiaries, supplies truck and trailer parts in Australia. It sells, wholesales, and trades commercial vehicle parts to road transport operators as well as commercial vehicle service and repair providers under the MaxiPARTS brand. The company also supplies heavy road transport trailer solutions, including trailer repairs and services.
MaxiPARTS Fundamentals Summary
| MXI fundamental statistics | |
|---|---|
| Market Cap | AU$125.85m |
| Earnings (TTM) | AU$5.69m |
| Revenue (TTM) | AU$114.59m |
22.1x
P/E Ratio1.1x
P/S RatioIs MXI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MXI income statement (TTM) | |
|---|---|
| Revenue | AU$114.59m |
| Cost of Revenue | AU$76.59m |
| Gross Profit | AU$37.99m |
| Expenses | AU$32.31m |
| Earnings | AU$5.69m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.15 |
| Gross Margin | 33.16% |
| Net Profit Margin | 4.96% |
| Debt/Equity Ratio | 20.9% |
How did MXI perform over the long term?
See historical performance and comparisonValuation
Is MaxiPARTS undervalued compared to its fair value and its price relative to the market?
17.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MXI (A$3.4) is trading below our estimate of fair value (A$4.12)
Significantly Below Fair Value: MXI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MXI is good value based on its PE Ratio (22.1x) compared to the Australian Machinery industry average (26.8x).
PE vs Market: MXI is poor value based on its PE Ratio (22.1x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: MXI is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: MXI is good value based on its PB Ratio (1.5x) compared to the AU Machinery industry average (2.3x).
Future Growth
How is MaxiPARTS forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
9.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MXI's forecast earnings growth (9.1% per year) is above the savings rate (1.9%).
Earnings vs Market: MXI's earnings (9.1% per year) are forecast to grow slower than the Australian market (11.7% per year).
High Growth Earnings: MXI's earnings are forecast to grow, but not significantly.
Revenue vs Market: MXI's revenue (12.2% per year) is forecast to grow faster than the Australian market (5.5% per year).
High Growth Revenue: MXI's revenue (12.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MXI's Return on Equity is forecast to be low in 3 years time (8.2%).
Past Performance
How has MaxiPARTS performed over the past 5 years?
-38.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MXI has a large one-off gain of A$7.2M impacting its June 30 2021 financial results.
Growing Profit Margin: MXI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MXI has become profitable over the past 5 years, growing earnings by -38.3% per year.
Accelerating Growth: MXI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MXI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (1.2%).
Return on Equity
High ROE: MXI's Return on Equity (6.9%) is considered low.
Financial Health
How is MaxiPARTS's financial position?
Financial Position Analysis
Short Term Liabilities: MXI's short term assets (A$193.8M) exceed its short term liabilities (A$126.9M).
Long Term Liabilities: MXI's short term assets (A$193.8M) exceed its long term liabilities (A$31.8M).
Debt to Equity History and Analysis
Debt Level: MXI's debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: MXI's debt to equity ratio has reduced from 33.6% to 20.9% over the past 5 years.
Debt Coverage: MXI's debt is well covered by operating cash flow (184.5%).
Interest Coverage: MXI's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
Dividend
What is MaxiPARTS current dividend yield, its reliability and sustainability?
2.28%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MXI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MXI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MXI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MXI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MXI is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MXI's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.2yrs
Average management tenure
CEO
Peter Loimaranta
0.083
Tenure
AU$702,053
Compensation
Mr. Peter Oiva Loimaranta, B.Com, CA, serves as the Director, Chief Executive Officer & Managing Director at MaxiTRANS Industries Limited since September 3, 2021. He served as Group General Manager – Inter...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD521.08K) is above average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MXI's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
Experienced Board: MXI's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MXI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
MaxiPARTS Limited's employee growth, exchange listings and data sources
Key Information
- Name: MaxiPARTS Limited
- Ticker: MXI
- Exchange: ASX
- Founded: 1946
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: AU$125.851m
- Shares outstanding: 37.02m
- Website: https://www.maxitrans.com
Location
- MaxiPARTS Limited
- 22 Efficient Drive
- Truganina
- Victoria
- 3029
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/18 15:14 |
| End of Day Share Price | 2021/10/18 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.