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MRG

Murray River Organics GroupASX:MRG Stock Report

Market Cap

AU$10.8m

7D

0%

1Y

-65.0%

Updated

22 Oct, 2021

Data

Company Financials
MRG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

MRG Overview

Murray River Organics Group Limited produces, markets, and sells organic and natural food products primarily in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Murray River Organics Group
Historical stock prices
Current Share PriceAU$0.24
52 Week HighAU$0.15
52 Week LowAU$0.70
Beta1.57
1 Month Change13.95%
3 Month Change28.95%
1 Year Change-65.00%
3 Year Changen/a
5 Year Changen/a
Change since IPO-99.59%

Recent News & Updates

Shareholder Returns

MRGAU FoodAU Market
7D0%-1.3%0.7%
1Y-65.0%1.4%21.4%

Return vs Industry: MRG underperformed the Australian Food industry which returned 1.4% over the past year.

Return vs Market: MRG underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is MRG's price volatile compared to industry and market?
MRG volatility
MRG Beta1.57
Industry Beta0.55
Market Beta1

Stable Share Price: MRG is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: MRG's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2010n/aBirol Akdoganhttps://www.murrayriverorganics.com.au

Murray River Organics Group Limited produces, markets, and sells organic and natural food products primarily in Australia. Its products include dried vine fruits, wine and table grapes, nuts, seeds, sweeteners, dried berries, cacao, legumes and pulses, citrus, and coconut, as well as flour products, grains, and oils and liquids. The company also offers functional ingredients, such as agave inulin, agave powder, coconut mct oil and powder, honey powder, maca powder, psyllium husk, and tapioca flour; and other products, including licorice, pasta, and salt.

Murray River Organics Group Fundamentals Summary

How do Murray River Organics Group's earnings and revenue compare to its market cap?
MRG fundamental statistics
Market CapAU$10.81m
Earnings (TTM)-AU$21.65m
Revenue (TTM)AU$42.60m

0.3x

P/S Ratio

-0.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MRG income statement (TTM)
RevenueAU$42.60m
Cost of RevenueAU$41.08m
Gross ProfitAU$1.53m
ExpensesAU$23.17m
Earnings-AU$21.65m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.49
Gross Margin3.58%
Net Profit Margin-50.81%
Debt/Equity Ratio-1,364.0%

How did MRG perform over the long term?

See historical performance and comparison

Valuation

Is Murray River Organics Group undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Murray River Organics Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Murray River Organics Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Murray River Organics Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.6%

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 River Organics Group 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.


Past Performance

How has Murray River Organics Group performed over the past 5 years?

-21.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MRG is currently unprofitable.

Growing Profit Margin: MRG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MRG is unprofitable, and losses have increased over the past 5 years at a rate of 21% per year.

Accelerating Growth: Unable to compare MRG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MRG is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (45.2%).


Return on Equity

High ROE: MRG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Murray River Organics Group's financial position?


Financial Position Analysis

Short Term Liabilities: MRG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MRG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: MRG has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MRG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: MRG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MRG has less than a year of cash runway if free cash flow continues to grow at historical rates of 17.9% each year.


Dividend

What is Murray River Organics Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MRG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MRG'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 MRG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MRG'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 MRG'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?

3.8yrs

Average management tenure


CEO

Birol Akdogan

0.75

Tenure

Mr. Birol Akdogan has been Managing Director and Chief Executive Officer at Murray River Organics Group Limited since March 2021 and also serves as its Director since 2021. Mr. Akdogan had been Chief Finan...


Leadership Team

Experienced Management: MRG's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: MRG's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Murray River Organics Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Murray River Organics Group Limited
  • Ticker: MRG
  • Exchange: ASX
  • Founded: 2010
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$10.808m
  • Shares outstanding: 44.11m
  • Website: https://www.murrayriverorganics.com.au

Number of Employees


Location

  • Murray River Organics Group Limited
  • 32 Crompton Way
  • Dandenong
  • Victoria
  • 3175
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:05
End of Day Share Price2021/10/01 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.