MXI Stock Overview

Distributes and sells commercial truck and trailer parts in Australia. More details

MXI fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	4/6
Past Performance	2/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 62.7% below our estimate of its fair value

Earnings are forecast to grow 20.9% per year

Trading at good value compared to peers and industry

Risk Analysis

Profit margins (2.3%) are lower than last year (3.6%)

Does not have a meaningful market cap (A$100M)

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

MaxiPARTS Limited Competitors

Alfabs Australia

ASX:AAL

AU$107.5m

Engenco

ASX:EGN

AU$55.3m

Austin Engineering

ASX:ANG

AU$303.9m

Environmental Group

ASX:EGL

AU$119.9m

Price History & Performance

Summary of share price highs, lows and changes for MaxiPARTS
Historical stock prices
Current Share Price	AU$1.80
52 Week High	AU$2.76
52 Week Low	AU$1.63
Beta	0.61
1 Month Change	-3.74%
3 Month Change	1.41%
1 Year Change	-33.33%
3 Year Change	-41.94%
5 Year Change	75.61%
Change since IPO	-10.00%

Recent updates

Shareholders Will Be Pleased With The Quality of MaxiTRANS Industries' (ASX:MXI) Earnings

Aug 26

Health Check: How Prudently Does MaxiTRANS Industries (ASX:MXI) Use Debt?

Apr 18

How Does MaxiTRANS Industries' (ASX:MXI) CEO Salary Compare to Peers?

Feb 18

When Should You Buy MaxiTRANS Industries Limited (ASX:MXI)?

Dec 25

What Can We Conclude About MaxiTRANS Industries' (ASX:MXI) CEO Pay?

Nov 20

Shareholder Returns

	MXI	AU Machinery	AU Market
7D	2.9%	-8.0%	-2.0%
1Y	-33.3%	20.8%	7.8%

Return vs Industry: MXI underperformed the Australian Machinery industry which returned 20.8% over the past year.

Return vs Market: MXI underperformed the Australian Market which returned 7.8% over the past year.

Price Volatility

Is MXI's price volatile compared to industry and market?
MXI volatility
MXI Average Weekly Movement	4.4%
Machinery Industry Average Movement	7.6%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: MXI has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: MXI's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	n/a	Peter Loimaranta	www.maxiparts.com.au

MaxiPARTS Limited, together with its subsidiaries, distributes and sells commercial truck and trailer parts in Australia. The company sells, wholesales, and trades in commercial vehicle parts to road transport operators, as well as commercial vehicle service and repair providers under the MaxiPARTS brand. It also offers lights, tools, oil and filters, axles, suspensions, and brakes.

MaxiPARTS Limited Fundamentals Summary

How do MaxiPARTS's earnings and revenue compare to its market cap?
MXI fundamental statistics
Market cap	AU$99.02m
Earnings (TTM)	AU$5.60m
Revenue (TTM)	AU$243.88m

17.8x

P/E Ratio

0.4x

P/S Ratio

Is MXI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MXI income statement (TTM)
Revenue	AU$243.88m
Cost of Revenue	AU$164.85m
Gross Profit	AU$79.03m
Other Expenses	AU$73.43m
Earnings	AU$5.60m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.10
Gross Margin	32.40%
Net Profit Margin	2.30%
Debt/Equity Ratio	28.9%

How did MXI perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

48%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 17:15
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MaxiPARTS Limited is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Warren Jeffries	Canaccord Genuity
Piers Flanagan	EL&C Baillieu
Katie Belle	Lodge Partners Pty Ltd.

MXI Stock Overview

Rewards

Risk Analysis

MaxiPARTS Limited Competitors

ASX:AAL

AU$107.5m

ASX:EGN

AU$55.3m

ASX:ANG

AU$303.9m

ASX:EGL

AU$119.9m

Price History & Performance

Recent News & Updates

MaxiPARTS Limited, Annual General Meeting, Nov 21, 2024

MD, CEO & Director recently bought AU$207k worth of stock

Consensus EPS estimates fall by 11%

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

First half dividend reduced to AU$0.026

MaxiPARTS Limited Announces Ordinary Dividend for the Twelve Months Period Ended June 30, 2024, Payable on September 19, 2024

Recent updates

MaxiPARTS Limited, Annual General Meeting, Nov 21, 2024

MD, CEO & Director recently bought AU$207k worth of stock

Consensus EPS estimates fall by 11%

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

First half dividend reduced to AU$0.026

MaxiPARTS Limited Announces Ordinary Dividend for the Twelve Months Period Ended June 30, 2024, Payable on September 19, 2024

MaxiPARTS Limited to Report Fiscal Year 2024 Results on Aug 22, 2024

High number of new and inexperienced directors

Price target decreased by 13% to AU$2.91

Consensus EPS estimates fall by 19%

Does MaxiPARTS (ASX:MXI) Have A Healthy Balance Sheet?

Independent Chairman of the Board recently bought AU$61k worth of stock

First half 2024 earnings released: EPS: AU$0.056 (vs AU$0.078 in 1H 2023)

First half dividend of AU$0.026 announced

MaxiPARTS Limited to Report First Half, 2024 Results on Feb 22, 2024

Consensus EPS estimates fall by 14%

New minor risk - Shareholder dilution

MaxiPARTS Limited has filed a Follow-on Equity Offering in the amount of AUD 17.227181 million.

If EPS Growth Is Important To You, MaxiPARTS (ASX:MXI) Presents An Opportunity

MaxiPARTS Limited has completed a Follow-on Equity Offering in the amount of AUD 17.227181 million.

MaxiPARTS Limited, Annual General Meeting, Nov 23, 2023

MD, CEO & Director exercised options to buy AU$551k worth of stock.

High number of new and inexperienced directors

MaxiPARTS (ASX:MXI) Is Increasing Its Dividend To A$0.0322

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 7.2% to AU$3.35

MaxiPARTS Limited Proposes Fully Franked Final Dividend, Payable on 15 September 2023

MaxiPARTS Limited to Report Fiscal Year 2023 Results on Aug 24, 2023

MaxiPARTS Limited (ASX:MXI) completed the acquisition of 80% stake in Forch Australia Pty Ltd.

Price target increased by 17% to AU$4.22

Investor sentiment improves as stock rises 19%

First half 2023 earnings released: EPS: AU$0.078 (vs AU$0.075 in 1H 2022)

MaxiPARTS Limited to Report First Half, 2023 Results on Feb 24, 2023

Price target decreased to AU$3.60

MaxiPARTS Limited, Annual General Meeting, Oct 20, 2022

MaxiPARTS Limited Appoints Debra Stirling as an Independent, Non-Executive Director

Upcoming dividend of AU$0.025 per share

Full year 2022 earnings: EPS and revenues miss analyst expectations

MaxiPARTS Limited Announces Ordinary Dividend for the Full Year Ended June 30, 2022, Payable on September 19, 2022

Independent Non-Executive Director recently bought AU$103k worth of stock

MaxiPARTS Limited Announces Management Changes

MaxiPARTS Limited Announces Board Changes

Price target decreased to AU$4.00

Price target decreased to AU$4.00

Investor sentiment deteriorated over the past week

Now 20% undervalued after recent price drop

First half 2022 earnings released

MaxiTRANS Industries Limited Provides Group Earnings Guidance for the Fiscal Year 2021

MaxiPARTS Limited has completed a Follow-on Equity Offering in the amount of AUD 15.361978 million.

Is Now An Opportune Moment To Examine MaxiPARTS Limited (ASX:MXI)?

MaxiPARTS Limited Announces Special Dividend, Payable on December 24, 2021

High number of new and inexperienced directors

Investor sentiment improved over the past week

Is MaxiPARTS (ASX:MXI) A Risky Investment?

MD & CEO Dean Jenkins has left the company

MD, CEO & Executive Director recently bought AU$100k worth of stock

MD, CEO & Executive Director recently bought AU$100k worth of stock

Shareholders Will Be Pleased With The Quality of MaxiTRANS Industries' (ASX:MXI) Earnings

MaxiTRANS Industries Limited Proposes Fully Franked Special Dividend to Be Paid as Part of the Funds Distribution from the Sale of the Trailer Solutions Group