Murray Cod Australia
Market Cap
AU$73.3m
Last Updated
2020/08/06 10:32 UTC
Data Sources
Company Financials
Executive Summary
Murray Cod Australia Limited, together with its subsidiaries, engages in the breeding, growing, and marketing of Murray Cod fish in Australia.
Snowflake Analysis
Excellent balance sheet with weak fundamentals.
Share Price & News
How has Murray Cod Australia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MCA has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
4.0%
MCA
-1.4%
AU Food
0.2%
AU Market
1 Year Return
-31.6%
MCA
-17.1%
AU Food
-7.8%
AU Market
Return vs Industry: MCA underperformed the Australian Food industry which returned -17.1% over the past year.
Return vs Market: MCA underperformed the Australian Market which returned -7.8% over the past year.
Shareholder returns
| MCA | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.0% | -1.4% | 0.2% |
| 30 Day | 0% | -3.1% | 0.4% |
| 90 Day | 13.0% | -4.3% | 13.3% |
| 1 Year | -31.6%-31.6% | -8.2%-17.1% | -4.1%-7.8% |
| 3 Year | 85.7%85.7% | -11.4%-24.3% | 17.3%1.8% |
| 5 Year | n/a | 13.2%-11.2% | 38.1%8.2% |
Price Volatility Vs. Market
How volatile is Murray Cod Australia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
We're Hopeful That Murray Cod Australia (ASX:MCA) Will Use Its Cash Wisely2 months ago | Simply Wall St
Do Institutions Own Murray Cod Australia Limited (ASX:MCA) Shares?3 months ago | Simply Wall St
The Murray Cod Australia (ASX:MCA) Share Price Has Gained 105%, So Why Not Pay It Some Attention?Valuation
Is Murray Cod Australia undervalued compared to its fair value and its price relative to the market?
1.87x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MCA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MCA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MCA is unprofitable, so we can't compare its PE Ratio to the AU Food industry average.
PE vs Market: MCA 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 MCA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCA is overvalued based on its PB Ratio (1.9x) compared to the AU Food industry average (1.1x).
Next Steps
Future Growth
How is Murray Cod Australia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.3%
Forecasted Food, Beverage & Tobacco industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Murray Cod Australia has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Murray Cod Australia's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Murray Cod Australia competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
Past Performance
How has Murray Cod Australia performed over the past 5 years?
5.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCA is currently unprofitable.
Growing Profit Margin: MCA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MCA is unprofitable, but has reduced losses over the past 5 years at a rate of 5.2% per year.
Accelerating Growth: Unable to compare MCA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MCA is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-8.8%).
Return on Equity
High ROE: MCA has a negative Return on Equity (-11.75%), as it is currently unprofitable.
Next Steps
Financial Health
How is Murray Cod Australia's financial position?
Financial Position Analysis
Short Term Liabilities: MCA's short term assets (A$24.7M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: MCA's short term assets (A$24.7M) exceed its long term liabilities (A$3.3M).
Debt to Equity History and Analysis
Debt Level: MCA's debt to equity ratio (0.09%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MCA's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
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: MCA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MCA has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 28.7% each year.
Next Steps
Dividend
What is Murray Cod Australia current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MCA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MCA'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 MCA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCA'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 MCA'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?
3.7yrs
Average management tenure
CEO
Matthew Ryan
3.67yrs
Tenure
AU$1,349,321
Compensation
Mr. Matthew John Ryan has been Managing Director and Executive Director of Murray Cod Australia Limited since December 16, 2016. Mr. Ryan serves as the Managing Director of the Bidgee and Riverina Aquacult ...
CEO Compensation Analysis
Compensation vs Market: Matthew's total compensation ($USD964.70K) is above average for companies of similar size in the Australian market ($USD269.15K).
Compensation vs Earnings: Matthew's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 4.75yrs | AU$575.95k | 2.4% A$ 1.8m | |
| MD & Executive Director | 3.67yrs | AU$1.35m | 15.71% A$ 11.5m | |
| Company Secretary | 4.58yrs | no data | no data | |
| Company Secretary | 4.58yrs | no data | no data | |
| Consultant | 3.67yrs | no data | no data | |
| Consultant | 3.67yrs | no data | no data |
3.7yrs
Average Tenure
Experienced Management: MCA's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 4.75yrs | AU$575.95k | 2.4% A$ 1.8m | |
| MD & Executive Director | 3.67yrs | AU$1.35m | 15.71% A$ 11.5m | |
| Non-Executive Director | 7.83yrs | AU$278.60k | 0.71% A$ 520.0k | |
| Non-Executive Director | 3.58yrs | AU$549.49k | 5.62% A$ 4.1m |
4.2yrs
Average Tenure
Experienced Board: MCA's board of directors are considered experienced (4.2 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
Top Shareholders
Company Information
Murray Cod Australia Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Murray Cod Australia Limited
- Ticker: MCA
- Exchange: ASX
- Founded:
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$73.304m
- Shares outstanding: 563.87m
- Website: https://www.aquna.com
Location
- Murray Cod Australia Limited
- 153 Yambil Street
- Level 1
- Griffith
- New South Wales
- 2680
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MCA | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 2017 |
| MCA | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 2017 |
Biography
Murray Cod Australia Limited, together with its subsidiaries, engages in the breeding, growing, and marketing of Murray Cod fish in Australia. The company also constructs and sells aquaculture equipment. I ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/06 10:32 |
| End of Day Share Price | 2020/08/06 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/06/30 |
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.