MACA Limited engages in the contract mining, civil and infrastructure, and structural, mechanical, and piping businesses in Australia and Cambodia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.75|
|52 Week High||AU$0.65|
|52 Week Low||AU$1.52|
|1 Month Change||7.91%|
|3 Month Change||-18.92%|
|1 Year Change||-9.64%|
|3 Year Change||-36.44%|
|5 Year Change||-57.87%|
|Change since IPO||-48.28%|
Recent News & Updates
MACA (ASX:MLD) Has Affirmed Its Dividend Of AU$0.025
The board of MACA Limited ( ASX:MLD ) has announced that it will pay a dividend of AU$0.025 per share on the 17th of...
|MLD||AU Metals and Mining||AU Market|
Return vs Industry: MLD underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: MLD underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: MLD is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: MLD's weekly volatility (6%) has been stable over the past year.
About the Company
MACA Limited engages in the contract mining, civil and infrastructure, and structural, mechanical, and piping businesses in Australia and Cambodia. It offers bulk commodities loading and hauling services; drilling and blasting services, including production drilling and blasting for surface mining operations or quarries, pre-split drilling, contour drilling and pioneering, blast hole sample drilling, probe drilling, pre-split and final wall blasting, drill and blast design, blasting solutions for civil construction, and controlled blasting; and materials handling services. The company also engages in the road construction and maintenance; parks and gardens management; vegetation management; and provision of bridge works, which include clearing existing vegetation and topsoil, foundation compaction, embankment construction, stormwater drainage installation and pavement construction, bituminous surfacing and guardrails, and rehabilitation and piling works, as well as reinforced concrete works, and heavy lifts and safety barrier works.
MACA Fundamentals Summary
|MLD fundamental statistics|
Is MLD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MLD income statement (TTM)|
|Cost of Revenue||AU$1.06b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.069|
|Net Profit Margin||1.99%|
How did MLD perform over the long term?See historical performance and comparison
6.7%Current Dividend Yield
Is MACA undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MLD (A$0.75) is trading below our estimate of fair value (A$5.08)
Significantly Below Fair Value: MLD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MLD is good value based on its PE Ratio (10.9x) compared to the Australian Metals and Mining industry average (14.3x).
PE vs Market: MLD is good value based on its PE Ratio (10.9x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: MLD is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: MLD is good value based on its PB Ratio (0.7x) compared to the AU Metals and Mining industry average (2.6x).
How is MACA forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MLD's forecast earnings growth (23.7% per year) is above the savings rate (1.9%).
Earnings vs Market: MLD's earnings (23.7% per year) are forecast to grow faster than the Australian market (11.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MLD's revenue (4.8% per year) is forecast to grow slower than the Australian market (5.4% per year).
High Growth Revenue: MLD's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MLD's Return on Equity is forecast to be low in 3 years time (12.9%).
How has MACA performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MLD has high quality earnings.
Growing Profit Margin: MLD's current net profit margins (2%) are higher than last year (0.4%).
Past Earnings Growth Analysis
Earnings Trend: MLD's earnings have declined by 19.8% per year over the past 5 years.
Accelerating Growth: MLD's earnings growth over the past year (639.9%) exceeds its 5-year average (-19.8% per year).
Earnings vs Industry: MLD earnings growth over the past year (639.9%) exceeded the Metals and Mining industry 35.3%.
Return on Equity
High ROE: MLD's Return on Equity (6.5%) is considered low.
How is MACA's financial position?
Financial Position Analysis
Short Term Liabilities: MLD's short term assets (A$460.5M) exceed its short term liabilities (A$414.9M).
Long Term Liabilities: MLD's short term assets (A$460.5M) exceed its long term liabilities (A$206.3M).
Debt to Equity History and Analysis
Debt Level: MLD's debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: MLD's debt to equity ratio has increased from 0% to 30.2% over the past 5 years.
Debt Coverage: MLD's debt is well covered by operating cash flow (101.5%).
Interest Coverage: MLD's interest payments on its debt are well covered by EBIT (6.4x coverage).
What is MACA current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MLD's dividend (6.67%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: MLD's dividend (6.67%) is in the top 25% of dividend payers in the Australian market (5.33%)
Stability and Growth of Payments
Stable Dividend: MLD's dividend payments have been volatile in the past 10 years.
Growing Dividend: MLD's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.2%), MLD's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MLD's dividends in 3 years are forecast to be well covered by earnings (40.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Mike Sutton B.Sc. (Civil Engineering), MAICD, MAusIMM serves as Managing Director and Director of MACA Limited since June 1, 2020. He serves as Chief Executive Officer of MACA Limited since February 24...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD616.26K) is about average for companies of similar size in the Australian market ($USD547.68K).
Compensation vs Earnings: Mike's compensation has increased by more than 20% in the past year.
Experienced Management: MLD's management team is considered experienced (3.2 years average tenure).
Experienced Board: MLD's board of directors are not considered experienced ( 1.1 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: MLD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 27.5%.
MACA Limited's employee growth, exchange listings and data sources
- Name: MACA Limited
- Ticker: MLD
- Exchange: ASX
- Founded: 2002
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$256.283m
- Shares outstanding: 341.71m
- Website: https://www.maca.net.au
Number of Employees
- MACA Limited
- 45 Division Street
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:31|
|End of Day Share Price||2021/10/20 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.