MGL Stock Overview
Researches, develops, manufactures, and sells generic and specialist magnesium alloys in Europe, China, North America, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
Magontec Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.34 |
| 52 Week High | AU$0.61 |
| 52 Week Low | AU$0.30 |
| Beta | 0.34 |
| 1 Month Change | 6.25% |
| 3 Month Change | -15.00% |
| 1 Year Change | -16.05% |
| 3 Year Change | 3.03% |
| 5 Year Change | -21.84% |
| Change since IPO | -100.00% |
Recent News & Updates
Magontec (ASX:MGL) Is Due To Pay A Dividend Of A$0.006
Mar 04
Magontec (ASX:MGL) Shareholders Will Want The ROCE Trajectory To Continue
Jan 31Recent updates
Magontec (ASX:MGL) Is Due To Pay A Dividend Of A$0.006
Mar 04Magontec (ASX:MGL) Shareholders Will Want The ROCE Trajectory To Continue
Jan 31Investors Will Want Magontec's (ASX:MGL) Growth In ROCE To Persist
Nov 01Magontec's (ASX:MGL) Soft Earnings Don't Show The Whole Picture
Sep 07Magontec (ASX:MGL) Will Pay A Dividend Of A$0.006
Sep 06Magontec (ASX:MGL) Seems To Use Debt Quite Sensibly
Sep 01Magontec (ASX:MGL) Knows How To Allocate Capital Effectively
Jul 19Is Magontec (ASX:MGL) Using Too Much Debt?
May 12Magontec Limited (ASX:MGL) Surges 48% Yet Its Low P/E Is No Reason For Excitement
Mar 06Why We Like The Returns At Magontec (ASX:MGL)
Jan 23Magontec (ASX:MGL) Seems To Use Debt Quite Sensibly
Oct 05Magontec (ASX:MGL) Is Experiencing Growth In Returns On Capital
Aug 12Is Magontec (ASX:MGL) A Risky Investment?
Apr 29Magontec (ASX:MGL) Hasn't Managed To Accelerate Its Returns
Feb 20Returns On Capital At Magontec (ASX:MGL) Have Hit The Brakes
Nov 08Magontec (ASX:MGL) Has A Pretty Healthy Balance Sheet
Oct 04It Looks Like Magontec Limited's (ASX:MGL) CEO May Expect Their Salary To Be Put Under The Microscope
May 18Here's Why Magontec (ASX:MGL) Has A Meaningful Debt Burden
May 04Here's What We Make Of Magontec's (ASX:MGL) Returns On Capital
Mar 06Does Magontec (ASX:MGL) Have A Healthy Balance Sheet?
Dec 15Shareholder Returns
| MGL | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 3.0% | 5.1% | 1.5% |
| 1Y | -16.0% | 4.4% | 8.7% |
Return vs Industry: MGL underperformed the Australian Metals and Mining industry which returned 3.4% over the past year.
Return vs Market: MGL underperformed the Australian Market which returned 8.8% over the past year.
Price Volatility
| MGL volatility | |
|---|---|
| MGL Average Weekly Movement | 8.6% |
| Metals and Mining Industry Average Movement | 12.4% |
| Market Average Movement | 9.0% |
| 10% most volatile stocks in AU Market | 17.7% |
| 10% least volatile stocks in AU Market | 3.4% |
Stable Share Price: MGL's share price has been volatile over the past 3 months.
Volatility Over Time: MGL's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1953 | n/a | Nick Andrews | magontec.com |
Magontec Limited, together with its subsidiaries, researches, develops, manufactures, and sells generic and specialist magnesium alloys in Europe, China, North America, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and control systems. Its CCP products are used in water storage vessels.
Magontec Limited Fundamentals Summary
| MGL fundamental statistics | |
|---|---|
| Market cap | AU$27.08m |
| Earnings (TTM) | AU$466.00k |
| Revenue (TTM) | AU$102.36m |
58.1x
P/E Ratio0.3x
P/S RatioIs MGL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGL income statement (TTM) | |
|---|---|
| Revenue | AU$102.36m |
| Cost of Revenue | AU$84.38m |
| Gross Profit | AU$17.97m |
| Other Expenses | AU$17.51m |
| Earnings | AU$466.00k |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.0059 |
| Gross Margin | 17.56% |
| Net Profit Margin | 0.46% |
| Debt/Equity Ratio | 7.8% |
How did MGL perform over the long term?
See historical performance and comparison