MaxiTRANS Industries Limited, together with its subsidiaries, designs, manufactures, sells, services, and repairs transport equipment and related components and spare parts in Australia and New Zealand.
Fair value with moderate growth potential.
Share Price & News
How has MaxiTRANS Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MXI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MXI underperformed the Australian Machinery industry which returned 31.8% over the past year.
Return vs Market: MXI underperformed the Australian Market which returned 11.6% over the past year.
Price Volatility Vs. Market
How volatile is MaxiTRANS Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StAn Intrinsic Calculation For MaxiTRANS Industries Limited (ASX:MXI) Suggests It's 24% Undervalued
1 month ago | Simply Wall StThe MaxiTRANS Industries (ASX:MXI) Share Price Is Down 64% So Some Shareholders Are Wishing They Sold
2 months ago | Simply Wall StDo Institutions Own MaxiTRANS Industries Limited (ASX:MXI) Shares?
Is MaxiTRANS Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MXI (A$0.19) is trading below our estimate of fair value (A$0.27)
Significantly Below Fair Value: MXI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MXI is unprofitable, so we can't compare its PE Ratio to the Machinery industry average.
PE vs Market: MXI is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MXI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MXI is good value based on its PB Ratio (0.3x) compared to the AU Machinery industry average (1.4x).
How is MaxiTRANS Industries forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MXI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.1%).
Earnings vs Market: MXI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MXI's is expected to become profitable in the next 3 years.
Revenue vs Market: MXI's revenue is expected to decline over the next 3 years (-0.7% per year).
High Growth Revenue: MXI's revenue is forecast to decline over the next 3 years (-0.7% 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 (5.5%).
How has MaxiTRANS Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MXI is currently unprofitable.
Growing Profit Margin: MXI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MXI is unprofitable, and losses have increased over the past 5 years at a rate of -23.8% per year.
Accelerating Growth: Unable to compare MXI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MXI is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (40.2%).
Return on Equity
High ROE: MXI has a negative Return on Equity (-13.24%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is MaxiTRANS Industries's financial position?
Financial Position Analysis
Short Term Liabilities: MXI's short term assets (A$118.1M) exceed its short term liabilities (A$59.8M).
Long Term Liabilities: MXI's short term assets (A$118.1M) exceed its long term liabilities (A$44.7M).
Debt to Equity History and Analysis
Debt Level: MXI's debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: MXI's debt to equity ratio has increased from 32.6% to 35.7% over the past 5 years.
Inventory Level: MXI has a high level of physical assets or inventory.
Debt Coverage by Assets: MXI's debt is covered by short term assets (assets are 2.7x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MXI has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: MXI has been profitable on average in the past, therefore cash runway is not a concern.
What is MaxiTRANS Industries's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MXI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MXI's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dean Jenkins (47yo)
Mr. Dean Stuart Jenkins has been the Chief Executive Officer and Managing Director of MaxiTRANS Industries Limited since March 1, 2017 and serves its Executive Director. Mr. Jenkins served as the Chief Ope ...
CEO Compensation Analysis
Compensation vs Market: Dean's total compensation ($USD527.10K) is above average for companies of similar size in the Australian market ($USD251.50K).
Compensation vs Earnings: Dean's compensation has been consistent with company performance over the past year.
|MD, CEO & Executive Director||2.9yrs||AU$796.82k||0.25% A$84.5k|
|Chief Financial Officer||0.9yrs||AU$366.43k||no data|
|Group General Manager of Sales & Marketing||4.8yrs||AU$357.81k||no data|
|General Counsel & Company Secretary||0.7yrs||no data||no data|
|Group Human Resources Manager||0yrs||no data||no data|
|Head of Information Technology & Group Supply Manager||0yrs||no data||no data|
|Group Financial Controller||0yrs||no data||no data|
|General Manager of Maxi CUBE||0yrs||AU$178.67k||no data|
|Group Supply Manager||5yrs||AU$234.36k||no data|
Experienced Management: MXI's management team is considered experienced (2.9 years average tenure).
|MD, CEO & Executive Director||2.9yrs||AU$796.82k||0.25% A$84.5k|
|Deputy Chairman of the Board||25.3yrs||AU$75.00k||11.12% A$3.8m|
|Independent Non-Executive Director||3.8yrs||AU$75.00k||no data|
|Non-Executive Chairman||3.7yrs||AU$140.00k||0.14% A$46.3k|
|Independent Non-Executive Director||5.7yrs||AU$75.00k||0.098% A$33.4k|
|Independent Non-Executive Director||1.1yrs||AU$32.98k||0.034% A$11.7k|
Experienced Board: MXI's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MaxiTRANS Industries Limited's company bio, employee growth, exchange listings and data sources
- Name: MaxiTRANS Industries Limited
- Ticker: MXI
- Exchange: ASX
- Founded: 1946
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: AU$34.239m
- Shares outstanding: 185.08m
- Website: https://maxitrans.com
- MaxiTRANS Industries Limited
- 346 Boundary Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MXI||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 1994|
|MXI||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 1994|
MaxiTRANS Industries Limited, together with its subsidiaries, designs, manufactures, sells, services, and repairs transport equipment and related components and spare parts in Australia and New Zealand. It manufactures trailer brands, and urethane foam and body panels; supplies and distributes parts; provides service and repair support; and sells and finances new and used trailing equipment. The company’s products include curtain sided trailers, flat top semis, and skeletal trailers; dry freight and temperature controlled vans; steel and aluminum semi tippers, B-doubles, side opening tippers, walking floors, and flat top trailers, as well as specialty units; and bowl door tippers, flex tippers, and high volume side tippers. It also provides temperature controlled (refrigerated) and dry freight rigid truck bodies; trailing transport equipment and solutions, such as lights, tools, oil and filters, axles, suspensions, and brakes; various components and consumables; and fiberglass panels, body kits, doors, and insulation foam products. In addition, the company is involved in the retail and wholesale of trailer and truck parts; and rental and hire of temperature controlled vans. MaxiTRANS Industries Limited sells its products under the Freighter, Maxi-CUBE, Hamelex White, Lusty EMS, Trout River, AZMEB, Peki, MaxiPARTS, TraileRentals, Maxus, and PANELMasta brand names. It serves transport and logistics, fresh produce, food and beverage, building and construction, agriculture, and natural resources industries. The company was founded in 1946 and is headquartered in Derrimut, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 10:37|
|End of Day Share Price||2020/02/26 00:00|
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.