Mighty Craft Limited acquires and operates various breweries, distilleries, bars, and restaurants in Australia.
Mighty Craft Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.30|
|52 Week High||AU$0.25|
|52 Week Low||AU$0.44|
|1 Month Change||3.45%|
|3 Month Change||1.70%|
|1 Year Change||-17.81%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-38.78%|
Recent News & Updates
|MCL||AU Hospitality||AU Market|
Return vs Industry: MCL underperformed the Australian Hospitality industry which returned 38.2% over the past year.
Return vs Market: MCL underperformed the Australian Market which returned 21.4% over the past year.
Stable Share Price: MCL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: MCL's weekly volatility (9%) has been stable over the past year.
About the Company
Mighty Craft Limited acquires and operates various breweries, distilleries, bars, and restaurants in Australia. It operates under the Jetty Road, Slipstream, Foghorn, Ballistic, Kangaroo Island Spirits, Torquay Beverage Co, Seven Seasons, Sparkke, and Hidden Lake brands. The company was formerly known as Founders First Limited and changed its name to Mighty Craft Limited in November 2020.
Mighty Craft Fundamentals Summary
|MCL fundamental statistics|
Is MCL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MCL income statement (TTM)|
|Cost of Revenue||AU$35.77m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.046|
|Net Profit Margin||-51.23%|
How did MCL perform over the long term?See historical performance and comparison
Is Mighty Craft 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: MCL (A$0.3) is trading below our estimate of fair value (A$1.3)
Significantly Below Fair Value: MCL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MCL is unprofitable, so we can't compare its PE Ratio to the Australian Hospitality industry average.
PE vs Market: MCL 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 MCL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCL's PB Ratio (3.8x) is in line with the AU Hospitality industry average.
How is Mighty Craft forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: MCL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MCL's is expected to become profitable in the next 3 years.
Revenue vs Market: MCL's revenue (41.4% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: MCL's revenue (41.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MCL's Return on Equity is forecast to be high in 3 years time
How has Mighty Craft performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: MCL is currently unprofitable.
Growing Profit Margin: MCL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MCL's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare MCL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MCL is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (4.2%).
Return on Equity
High ROE: MCL has a negative Return on Equity (-60.05%), as it is currently unprofitable.
How is Mighty Craft's financial position?
Financial Position Analysis
Short Term Liabilities: MCL's short term assets (A$14.3M) exceed its short term liabilities (A$11.2M).
Long Term Liabilities: MCL's short term assets (A$14.3M) do not cover its long term liabilities (A$20.6M).
Debt to Equity History and Analysis
Debt Level: MCL's debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MCL's debt to equity ratio has reduced over the past 5 years.
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: MCL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MCL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 69.7% each year
What is Mighty Craft current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MCL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MCL'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 MCL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MCL'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 board tenure
Mr. Mark Haysman serves as Chief Executive Officer and Managing Director and Director at Founders First since November 19, 2018. He served as the Chief Executive Officer of Port Adelaide Football Club Lim...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD311.87K) is about average for companies of similar size in the Australian market ($USD303.33K).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
Experienced Board: MCL's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MCL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 127.6%.
Mighty Craft Limited's employee growth, exchange listings and data sources
- Name: Mighty Craft Limited
- Ticker: MCL
- Exchange: ASX
- Founded: 2017
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: AU$96.841m
- Shares outstanding: 322.80m
- Website: https://www.mightycraft.com.au
- Mighty Craft Limited
- 123 Camberwell Road
- Level 1
- Hawthorn East
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 15:51|
|End of Day Share Price||2021/10/22 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.