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MGL

Magontec ASX:MGL Stock Report

Last Price

AU$0.29

Market Cap

AU$22.7m

7D

-2.5%

1Y

-34.3%

Updated

05 Dec, 2022

Data

Company Financials
MGL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends3/6

MGL Stock Overview

Magontec Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of generic and specialist alloys in Asia, the Americas, Europe, and internationally.

Magontec Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Magontec
Historical stock prices
Current Share PriceAU$0.29
52 Week HighAU$0.48
52 Week LowAU$0.29
Beta0.95
1 Month Change-16.43%
3 Month Change-34.27%
1 Year Change-34.27%
3 Year Change-2.50%
5 Year Change-48.68%
Change since IPO-100.00%

Recent News & Updates

Magontec (ASX:MGL) Seems To Use Debt Quite Sensibly

Oct 05
Magontec (ASX:MGL) Seems To Use Debt Quite Sensibly

Magontec (ASX:MGL) Is Experiencing Growth In Returns On Capital

Aug 12
Magontec (ASX:MGL) Is Experiencing Growth In Returns On Capital

Recent updates

Magontec (ASX:MGL) Seems To Use Debt Quite Sensibly

Oct 05
Magontec (ASX:MGL) Seems To Use Debt Quite Sensibly

Magontec (ASX:MGL) Is Experiencing Growth In Returns On Capital

Aug 12
Magontec (ASX:MGL) Is Experiencing Growth In Returns On Capital

Is Magontec (ASX:MGL) A Risky Investment?

Apr 29
Is Magontec (ASX:MGL) A Risky Investment?

Magontec (ASX:MGL) Hasn't Managed To Accelerate Its Returns

Feb 20
Magontec (ASX:MGL) Hasn't Managed To Accelerate Its Returns

Returns On Capital At Magontec (ASX:MGL) Have Hit The Brakes

Nov 08
Returns On Capital At Magontec (ASX:MGL) Have Hit The Brakes

Magontec (ASX:MGL) Has A Pretty Healthy Balance Sheet

Oct 04
Magontec (ASX:MGL) Has A Pretty Healthy Balance Sheet

It Looks Like Magontec Limited's (ASX:MGL) CEO May Expect Their Salary To Be Put Under The Microscope

May 18
It Looks Like Magontec Limited's (ASX:MGL) CEO May Expect Their Salary To Be Put Under The Microscope

Here's Why Magontec (ASX:MGL) Has A Meaningful Debt Burden

May 04
Here's Why Magontec (ASX:MGL) Has A Meaningful Debt Burden

Here's What We Make Of Magontec's (ASX:MGL) Returns On Capital

Mar 06
Here's What We Make Of Magontec's (ASX:MGL) Returns On Capital

Does Magontec (ASX:MGL) Have A Healthy Balance Sheet?

Dec 15
Does Magontec (ASX:MGL) Have A Healthy Balance Sheet?

Shareholder Returns

MGLAU Metals and MiningAU Market
7D-2.5%4.2%0.6%
1Y-34.3%12.1%-1.8%

Return vs Industry: MGL underperformed the Australian Metals and Mining industry which returned 12.1% over the past year.

Return vs Market: MGL underperformed the Australian Market which returned -1.8% over the past year.

Price Volatility

Is MGL's price volatile compared to industry and market?
MGL volatility
MGL Average Weekly Movement7.5%
Metals and Mining Industry Average Movement11.1%
Market Average Movement9.0%
10% most volatile stocks in AU Market15.9%
10% least volatile stocks in AU Market4.1%

Stable Share Price: MGL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: MGL's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1953339Nick Andrewshttps://magontec.com

Magontec Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of generic and specialist alloys in Asia, the Americas, Europe, 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 for use in water storage vessels. It also recycles magnesium alloys.

Magontec Limited Fundamentals Summary

How do Magontec's earnings and revenue compare to its market cap?
MGL fundamental statistics
Market CapAU$22.68m
Earnings (TTM)AU$19.13m
Revenue (TTM)AU$163.95m

1.2x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MGL income statement (TTM)
RevenueAU$163.95m
Cost of RevenueAU$123.91m
Gross ProfitAU$40.04m
Other ExpensesAU$20.91m
EarningsAU$19.13m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin24.42%
Net Profit Margin11.67%
Debt/Equity Ratio13.7%

How did MGL perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

2%

Payout Ratio