Murray River Organics Group Limited produces, markets, and sells organic and natural food products primarily in Australia. More Details
+ 1 more risk
Imperfect balance sheet and overvalued.
Share Price & News
How has Murray River Organics Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MRG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MRG underperformed the Australian Food industry which returned -9.6% over the past year.
Return vs Market: MRG underperformed the Australian Market which returned -11.6% over the past year.
Price Volatility Vs. Market
How volatile is Murray River Organics Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StSome Murray River Organics Group (ASX:MRG) Shareholders Have Copped A 95% Share Price Wipe Out
6 months ago | Simply Wall StWhat Type Of Shareholder Owns Murray River Organics Group Limited's (ASX:MRG)?
9 months ago | Simply Wall StInvestors Who Bought Murray River Organics Group (ASX:MRG) Shares A Year Ago Are Now Down 47%
Is Murray River Organics Group undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MRG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MRG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MRG is unprofitable, so we can't compare its PE Ratio to the AU Food industry average.
PE vs Market: MRG 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 MRG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MRG is good value based on its PB Ratio (1.1x) compared to the AU Food industry average (1.3x).
How is Murray River Organics Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of MRG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Murray River Organics Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
How has Murray River Organics Group performed over the past 5 years?
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 38.9% 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 (-9.4%).
Return on Equity
High ROE: MRG has a negative Return on Equity (-189.79%), as it is currently unprofitable.
How is Murray River Organics Group's financial position?
Financial Position Analysis
Short Term Liabilities: MRG's short term assets (A$36.0M) exceed its short term liabilities (A$20.5M).
Long Term Liabilities: MRG's short term assets (A$36.0M) exceed its long term liabilities (A$33.9M).
Debt to Equity History and Analysis
Debt Level: MRG's debt to equity ratio (187.9%) is considered high.
Reducing Debt: Insufficient data to determine if MRG'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: 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 13.9% each year.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Valentina Tripp (46 yo)
Ms. Valentina Tripp, MBA, B.Com, CPA, MAICD, was Independent Non-Executive Director at Capilano Honey Ltd since May 01, 2018 until December 05, 2018. She has been Managing Director and Chief Executive Offi ...
CEO Compensation Analysis
Compensation vs Market: Valentina's total compensation ($USD772.12K) is above average for companies of similar size in the Australian market ($USD278.96K).
Compensation vs Earnings: Valentina's compensation has increased whilst the company is unprofitable.
|MD, CEO & Executive Director||2.42yrs||AU$1.06m||0.12% |
|CFO & Company Secretary||no data||no data||no data|
|Sales Manager||no data||no data||no data|
|Head of Sales||no data||no data||no data|
|Head of People & Culture||no data||no data||no data|
|Head of Agronomy||no data||no data||no data|
|Head of Quality||no data||no data||no data|
|Head of Packing & Processing Operations||3.08yrs||no data||no data|
|Head of Procurement & Global Account Manager ALDI||no data||no data||no data|
|Head of Farming Operations||3.08yrs||no data||no data|
|Head of Strategy||no data||no data||no data|
|Company Secretary||2.33yrs||no data||no data|
Experienced Management: MRG's management team is considered experienced (2.8 years average tenure).
|MD, CEO & Executive Director||2.42yrs||AU$1.06m||0.12% |
|Non-Executive Director||0.33yr||AU$9.63k||no data|
|Independent Non-Executive Director||0.25yr||AU$4.72k||no data|
|Non-Executive Independent Chairman||2.67yrs||AU$169.61k||0.16% |
|Non-Executive Director||0.33yr||AU$6.39k||no data|
Experienced Board: MRG's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
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 been substantially diluted in the past year, with total shares outstanding growing by 408.5%.
Murray River Organics Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Murray River Organics Group Limited
- Ticker: MRG
- Exchange: ASX
- Founded: 2010
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$22.057m
- Shares outstanding: 2.21b
- Website: https://www.murrayriverorganics.com.au
Number of Employees
- Murray River Organics Group Limited
- 32 Crompton Way
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MRG||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2016|
|MRG||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2016|
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, sweete ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/20 19:09|
|End of Day Share Price||2020/09/18 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.