Matrix Composites & Engineering Ltd

ASX:MCE Stock Report

Market Cap: AU$88.8m

Matrix Composites & Engineering Management

Management criteria checks 3/4

Matrix Composites & Engineering's CEO is Aaron Begley, appointed in Sep 2009, has a tenure of 16.83 years. total yearly compensation is A$767.36K, comprised of 62.1% salary and 37.9% bonuses, including company stock and options. directly owns 4.01% of the company’s shares, worth A$3.56M. The average tenure of the management team and the board of directors is 9.8 years and 4 years respectively.

Key information

Aaron Begley

Chief executive officer

AU$767.4k

Total compensation

CEO salary percentage62.15%
CEO tenure16.8yrs
CEO ownership4.0%
Management average tenure9.8yrs
Board average tenure4yrs

Recent management updates

Recent updates

Analysis Article May 15

Is Matrix Composites & Engineering (ASX:MCE) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 10

Matrix Composites & Engineering Ltd's (ASX:MCE) Shares May Have Run Too Fast Too Soon

There wouldn't be many who think Matrix Composites & Engineering Ltd's ( ASX:MCE ) price-to-sales (or "P/S") ratio of...
Analysis Article Mar 02

What Does The Future Hold For Matrix Composites & Engineering Ltd (ASX:MCE)? These Analysts Have Been Cutting Their Estimates

Today is shaping up negative for Matrix Composites & Engineering Ltd ( ASX:MCE ) shareholders, with the analysts...
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New Narrative Feb 08

Over $90 Million In SURF Orders Will Drive Future Opportunities

Revenue growth is expected through increased project activity and strategic positioning in strong markets like subsea production and SURF.
Analysis Article Nov 05

Shareholders Should Be Pleased With Matrix Composites & Engineering Ltd's (ASX:MCE) Price

With a median price-to-earnings (or "P/E") ratio of close to 19x in Australia, you could be forgiven for feeling...
Analysis Article May 23

Fewer Investors Than Expected Jumping On Matrix Composites & Engineering Ltd (ASX:MCE)

With a median price-to-sales (or "P/S") ratio of close to 1x in the Energy Services industry in Australia, you could be...
Analysis Article Feb 29

Matrix Composites & Engineering (ASX:MCE) Has Debt But No Earnings; Should You Worry?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 15

Investors Still Aren't Entirely Convinced By Matrix Composites & Engineering Ltd's (ASX:MCE) Revenues Despite 26% Price Jump

Matrix Composites & Engineering Ltd ( ASX:MCE ) shareholders have had their patience rewarded with a 26% share price...
Analysis Article Oct 31

Is Matrix Composites & Engineering (ASX:MCE) Using Debt Sensibly?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 21

Calculating The Intrinsic Value Of Matrix Composites & Engineering Ltd (ASX:MCE)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Matrix Composites & Engineering fair value estimate is AU$0.34...
Analysis Article Mar 15

Does Matrix Composites & Engineering (ASX:MCE) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Nov 29

Matrix Composites & Engineering (ASX:MCE) Is In A Good Position To Deliver On Growth Plans

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Aug 16

We Think Matrix Composites & Engineering (ASX:MCE) Needs To Drive Business Growth Carefully

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Apr 06

Will Matrix Composites & Engineering (ASX:MCE) Spend Its Cash Wisely?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Feb 28

How Much Are Matrix Composites & Engineering Ltd (ASX:MCE) Insiders Spending On Buying Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
Analysis Article Jan 06

How Does Matrix Composites & Engineering's (ASX:MCE) CEO Pay Compare With Company Performance?

Aaron Begley has been the CEO of Matrix Composites & Engineering Ltd ( ASX:MCE ) since 2009, and this article will...

CEO Compensation Analysis

How has Aaron Begley's remuneration changed compared to Matrix Composites & Engineering's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

-AU$13m

Sep 30 2025n/an/a

-AU$7m

Jun 30 2025AU$767kAU$477k

-AU$2m

Mar 31 2025n/an/a

AU$3m

Dec 31 2024n/an/a

AU$9m

Sep 30 2024n/an/a

AU$6m

Jun 30 2024AU$846kAU$453k

AU$4m

Mar 31 2024n/an/a

-AU$761k

Dec 31 2023n/an/a

-AU$5m

Sep 30 2023n/an/a

AU$2m

Jun 30 2023AU$731kAU$383k

AU$9m

Mar 31 2023n/an/a

AU$9m

Dec 31 2022n/an/a

AU$9m

Sep 30 2022n/an/a

AU$2m

Jun 30 2022AU$651kAU$373k

-AU$5m

Mar 31 2022n/an/a

-AU$15m

Dec 31 2021n/an/a

-AU$25m

Sep 30 2021n/an/a

-AU$26m

Jun 30 2021AU$573kAU$392k

-AU$28m

Mar 31 2021n/an/a

-AU$49m

Dec 31 2020n/an/a

-AU$71m

Sep 30 2020n/an/a

-AU$69m

Jun 30 2020AU$669kAU$435k

-AU$68m

Compensation vs Market: Aaron's total compensation ($USD531.96K) is above average for companies of similar size in the Australian market ($USD318.96K).

Compensation vs Earnings: Aaron's compensation has been consistent with company performance over the past year.


CEO

Aaron Begley

16.8yrs
Tenure
AU$767,359
Compensation

Mr. Aaron Paul Begley has been the Chief Executive Officer of Matrix Composites & Engineering Limited since September 2009 and also serves as its Managing Director. Mr. Begley had been Managing Director of...


Leadership Team

NamePositionTenureCompensationOwnership
Aaron Begley
MD, CEO & Director16.8yrsAU$767.36k4.01%
A$ 3.6m
Brendan Cocks
CFO, Company Secretary & Executive Director9.8yrsAU$613.36k0.60%
A$ 530.5k
Ian Phillips
General Manager of Commercial & Operationsno dataAU$275.30kno data
Peter Pezet
General Manager of Technology Groupno dataAU$295.87kno data
John Louden
General Counsel & Joint Company Secretary1.4yrsno datano data
9.8yrs
Average Tenure

Experienced Management: MCE's management team is seasoned and experienced (9.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Aaron Begley
MD, CEO & Director27.5yrsAU$767.36k4.01%
A$ 3.6m
Brendan Cocks
CFO, Company Secretary & Executive Director2.4yrsAU$613.36k0.60%
A$ 530.5k
Christopher Sutherland
Independent Non-Executive Director5.6yrsAU$78.05k0.19%
A$ 165.3k
Peter Hood
Independent Non-Executive Chairman14.8yrsAU$111.50k0.52%
A$ 465.3k
Alison Terry
Independent Non-Executive Director2.4yrsAU$78.05k0.045%
A$ 39.5k
Stephan Kirsch
Independent Non-Executive Director1.4yrsAU$29.27kno data
4.0yrs
Average Tenure

Experienced Board: MCE's board of directors are considered experienced (4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 11:00
End of Day Share Price 2026/07/06 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Matrix Composites & Engineering Ltd is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark SamterCLSA
Will CharlstonGoldman Sachs
Bryan JohnsonJ.P. Morgan