Mount Gibson Iron Future Growth

Future criteria checks 0/6

Mount Gibson Iron's revenue is forecast to decline at 38.4% per annum.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Metals and Mining earnings growth	10.3%
Revenue growth rate	-38.4%
Future return on equity	5.6%
Analyst coverage	Low
Last updated	13 Sep 2024

Recent future growth updates

Recent updates

Mount Gibson Iron Limited's (ASX:MGX) Popularity With Investors Is Under Threat From Overpricing

Sep 30

It's Unlikely That The CEO Of Mount Gibson Iron Limited (ASX:MGX) Will See A Huge Pay Rise This Year

Nov 08

It Looks Like Mount Gibson Iron Limited's (ASX:MGX) CEO May Expect Their Salary To Be Put Under The Microscope

Nov 03

Mount Gibson Iron (ASX:MGX) Has Announced That Its Dividend Will Be Reduced To AU$0.02

Aug 27

Returns On Capital Are Showing Encouraging Signs At Mount Gibson Iron (ASX:MGX)

Jul 27

Mount Gibson Iron's (ASX:MGX) Returns On Capital Are Heading Higher

Apr 16

Does Mount Gibson Iron Limited (ASX:MGX) Have A Place In Your Dividend Portfolio?

Mar 02

Mount Gibson Iron (ASX:MGX) Has Rewarded Shareholders With An Exceptional 487% Total Return On Their Investment

Feb 12

Is Mount Gibson Iron Limited's (ASX:MGX) Latest Stock Performance A Reflection Of Its Financial Health?

Jan 28

What We Make Of Mount Gibson Iron's (ASX:MGX) Returns On Capital

Jan 13

What Kind Of Shareholders Hold The Majority In Mount Gibson Iron Limited's (ASX:MGX) Shares?

Dec 29

Calculating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)

Dec 14

You Have To Love Mount Gibson Iron Limited's (ASX:MGX) Dividend

Nov 29

Should You Be Adding Mount Gibson Iron (ASX:MGX) To Your Watchlist Today?

Aug 10

Potential Upside For Mount Gibson Iron Limited (ASX:MGX) Not Without Risk

Jul 28

Mount Gibson Iron Limited's (ASX:MGX) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

Jul 15

Will the Promising Trends At Mount Gibson Iron (ASX:MGX) Continue?

Jun 30

Earnings and Revenue Growth Forecasts

ASX:MGX - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	322	N/A	N/A	N/A	1
6/30/2025	365	N/A	N/A	N/A	1
6/30/2024	668	6	268	328	N/A
3/31/2024	699	71	308	364	N/A
12/31/2023	731	137	348	400	N/A
9/30/2023	591	71	203	265	N/A
6/30/2023	451	5	58	130	N/A
3/31/2023	358	-48	-23	75	N/A
12/31/2022	265	-101	-103	20	N/A
9/30/2022	203	-138	-150	20	N/A
6/30/2022	141	-174	-197	21	N/A
3/31/2022	119	-125	-233	9	N/A
12/31/2021	98	-76	-270	-2	N/A
9/30/2021	214	-6	-160	82	N/A
6/30/2021	330	64	-50	165	N/A
3/31/2021	390	89	2	186	N/A
12/31/2020	450	114	54	207	N/A
9/30/2020	447	99	62	184	N/A
6/30/2020	445	84	70	160	N/A
12/31/2019	355	133	-12	71	N/A
9/30/2019	317	133	-40	65	N/A
6/30/2019	278	133	-68	59	N/A
12/31/2018	314	64	-40	75	N/A
9/30/2018	284	82	-10	87	N/A
6/30/2018	254	99	19	99	N/A
12/31/2017	206	85	N/A	77	N/A
9/30/2017	194	55	N/A	41	N/A
6/30/2017	183	26	N/A	5	N/A
12/31/2016	205	117	N/A	7	N/A
9/30/2016	220	98	N/A	6	N/A
6/30/2016	235	80	N/A	6	N/A
3/31/2016	248	8	N/A	-3	N/A
12/31/2015	260	-64	N/A	-13	N/A
9/30/2015	288	-477	N/A	-52	N/A
6/30/2015	316	-890	N/A	-91	N/A
12/31/2014	330	-829	N/A	-5	N/A
9/30/2014	495	-369	N/A	116	N/A
6/30/2014	660	90	N/A	238	N/A
3/31/2014	922	147	N/A	273	N/A
12/31/2013	946	199	N/A	307	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MGX's forecast earnings growth is above the savings rate (2.4%).

Earnings vs Market: Insufficient data to determine if MGX's earnings are forecast to grow faster than the Australian market

High Growth Earnings: Insufficient data to determine if MGX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MGX's revenue is expected to decline over the next 3 years (-38.4% per year).

High Growth Revenue: MGX's revenue is forecast to decline over the next 3 years (-38.4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MGX's Return on Equity is forecast to be low in 3 years time (5.6%).

Mount Gibson Iron Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased by 24% to AU$0.38

Mount Gibson Iron Limited Provides Production Guidance for the Year 2025

Mount Gibson Iron Limited Provides Earnings Guidance for Fiscal Year 2024

Price target decreased by 9.1% to AU$0.50

Price target decreased by 59% to AU$0.50

Mount Gibson Iron Limited Provides Sales Guidance for the Fiscal Year 2024

Recent updates

Mount Gibson Iron Limited's (ASX:MGX) Popularity With Investors Is Under Threat From Overpricing

Price target decreased by 24% to AU$0.38

Mount Gibson Iron Limited Provides Production Guidance for the Year 2025

New minor risk - Earnings quality

Full year 2024 earnings released: EPS: AU$0.005 (vs AU$0.004 in FY 2023)

Mount Gibson Iron Limited, Annual General Meeting, Sep 17, 2024

Now 22% undervalued after recent price drop

Mount Gibson Iron Limited to Report Fiscal Year 2024 Results on Aug 21, 2024

Now 14% undervalued after recent price drop

Now 23% undervalued after recent price drop

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

Mount Gibson Iron Limited Provides Earnings Guidance for Fiscal Year 2024

Price target decreased by 9.1% to AU$0.50

Now 21% undervalued after recent price drop

Mount Gibson Iron Limited to Report First Half, 2024 Results on Feb 21, 2024

Price target decreased by 59% to AU$0.50

It's Unlikely That The CEO Of Mount Gibson Iron Limited (ASX:MGX) Will See A Huge Pay Rise This Year

Now 20% undervalued

Estimating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)

Mount Gibson Iron Limited Provides Sales Guidance for the Fiscal Year 2024

Now 22% undervalued

Mount Gibson Iron Limited, Annual General Meeting, Nov 15, 2023

Mount Gibson Iron Limited Announces Board Changes

Full year 2023 earnings released: EPS: AU$0.004 (vs AU$0.15 loss in FY 2022)

Fenix Resources Limited (ASX:FEX) completed the acquisition of Mid-West iron ore mining and infrastructure assets from Mount Gibson Iron Limited (ASX:MGX).

Mount Gibson Iron Limited to Report Fiscal Year 2023 Results on Aug 23, 2023

Fenix Resources Limited (ASX:FEX) agreed to acquire Mid-West iron ore mining and infrastructure assets from Mount Gibson Iron Limited (ASX:MGX) for AUD 26.1 million.

Now 22% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 21% undervalued

Price target decreased by 17% to AU$0.50

Now 20% undervalued after recent price drop

Independent Non-Executive Director recently sold AU$170k worth of stock

First half 2023 earnings released

Mount Gibson Iron Limited Provides Sales Guidance for the Full Year 2023

Mount Gibson Iron Limited to Report First Half, 2023 Results on Feb 22, 2023

Now 23% undervalued

Estimating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)

Insufficient new directors

Price target decreased to AU$0.40

Mount Gibson Iron Limited Provides Sales Guidance for the Year 2022-23

Mount Gibson Iron Limited, Annual General Meeting, Nov 09, 2022

Mount Gibson Iron Limited Suspends Koolan Island Iron Ore Operation Due to Fire Incident

Mount Gibson Iron Limited to Report Fiscal Year 2022 Results on Aug 24, 2022

Price target decreased to AU$0.70

Now 21% undervalued

Does Mount Gibson Iron (ASX:MGX) Have A Healthy Balance Sheet?

Estimating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)

Price target increased to AU$0.78

Price target increased to AU$0.69

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Returns Are Gaining Momentum At Mount Gibson Iron (ASX:MGX)

It Looks Like Mount Gibson Iron Limited's (ASX:MGX) CEO May Expect Their Salary To Be Put Under The Microscope

Mount Gibson Iron (ASX:MGX) Has Announced That Its Dividend Will Be Reduced To AU$0.02

Full year 2021 earnings released: EPS AU$0.055 (vs AU$0.074 in FY 2020)

Returns On Capital Are Showing Encouraging Signs At Mount Gibson Iron (ASX:MGX)

Price target increased to AU$1.23

Mount Gibson Iron's (ASX:MGX) Returns On Capital Are Heading Higher

Does Mount Gibson Iron Limited (ASX:MGX) Have A Place In Your Dividend Portfolio?

Price target lowered to AU$1.08

First half 2021 earnings released: EPS AU$0.064 (vs AU$0.039 in 1H 2020)

Mount Gibson Iron (ASX:MGX) Has Rewarded Shareholders With An Exceptional 487% Total Return On Their Investment

Is Mount Gibson Iron Limited's (ASX:MGX) Latest Stock Performance A Reflection Of Its Financial Health?

What We Make Of Mount Gibson Iron's (ASX:MGX) Returns On Capital

New 90-day high: AU$0.99

What Kind Of Shareholders Hold The Majority In Mount Gibson Iron Limited's (ASX:MGX) Shares?

Calculating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)

Price target raised to AU$1.08