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MLG

MLG OzASX:MLG Stock Report

Market Cap

AU$139.8m

7D

-3.5%

1Y

n/a

Updated

17 Oct, 2021

Data

Company Financials +
MLG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance3/6
Financial Health4/6
Dividends3/6

MLG Overview

MLG Oz Limited provides mine site support services throughout Western Australia and the Northern Territory.

MLG Oz Competitors

Mineral Resources

ASX:MIN

AU$8.2b

Perenti Global

ASX:PRN

AU$705.4m

Macmahon Holdings

ASX:MAH

AU$430.5m

MACA

ASX:MLD

AU$252.9m

Price History & Performance

Summary of all time highs, changes and price drops for MLG Oz
Historical stock prices
Current Share PriceAU$0.96
52 Week HighAU$0.77
52 Week LowAU$1.40
Beta0
1 Month Change-2.54%
3 Month Change11.63%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-24.11%

Recent News & Updates

Aug 31
MLG Oz's (ASX:MLG) Performance Is Even Better Than Its Earnings Suggest

MLG Oz's (ASX:MLG) Performance Is Even Better Than Its Earnings Suggest

The subdued stock price reaction suggests that MLG Oz Limited's ( ASX:MLG ) strong earnings didn't offer any surprises...

Shareholder Returns

MLGAU Metals and MiningAU Market
7D-3.5%4.3%0.9%
1Yn/a12.2%20.2%

Return vs Industry: Insufficient data to determine how MLG performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how MLG performed against the Australian Market.

Price Volatility

Is MLG's price volatile compared to industry and market?
MLG volatility
MLG Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: MLG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: Insufficient data to determine MLG's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001600Murray Leahyhttps://www.mlgoz.com.au

MLG Oz Limited provides mine site support services throughout Western Australia and the Northern Territory. The company offers mine site and bulk haulage services, such as crusher feed, road maintenance, vehicle maintenance, machine and labor hire, and rehabilitation work, as well as mine site haulage services; and mines and supplies construction materials, including sand, aggregate, cement, and lime for mining and civil projects. It also provides crushing and screening services comprising mobile and fixed plant crushing, concrete aggregate production, road base production, and general screening services; and export logistics services, including mine to port transport, container packing and devanning, import receival and distribution, and shipping documentation services.

MLG Oz Fundamentals Summary

How do MLG Oz's earnings and revenue compare to its market cap?
MLG fundamental statistics
Market CapAU$139.84m
Earnings (TTM)AU$12.46m
Revenue (TTM)AU$257.81m

11.2x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MLG income statement (TTM)
RevenueAU$257.81m
Cost of RevenueAU$174.26m
Gross ProfitAU$83.55m
ExpensesAU$71.10m
EarningsAU$12.46m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.086
Gross Margin32.41%
Net Profit Margin4.83%
Debt/Equity Ratio0.1%

How did MLG perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

14%

Payout Ratio

Valuation

Is MLG Oz undervalued compared to its fair value and its price relative to the market?

9.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MLG (A$0.96) is trading below our estimate of fair value (A$1.06)

Significantly Below Fair Value: MLG is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: MLG is good value based on its PE Ratio (11.2x) compared to the Australian Metals and Mining industry average (15x).

PE vs Market: MLG is good value based on its PE Ratio (11.2x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: MLG is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: MLG is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is MLG Oz forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

14.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MLG's forecast earnings growth (14.7% per year) is above the savings rate (1.9%).

Earnings vs Market: MLG's earnings (14.7% per year) are forecast to grow faster than the Australian market (11.8% per year).

High Growth Earnings: MLG's earnings are forecast to grow, but not significantly.

Revenue vs Market: MLG's revenue (7.9% per year) is forecast to grow faster than the Australian market (5.5% per year).

High Growth Revenue: MLG's revenue (7.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MLG's Return on Equity is forecast to be low in 3 years time (13%).


Past Performance

How has MLG Oz performed over the past 5 years?

118.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: MLG has high quality earnings.

Growing Profit Margin: MLG's current net profit margins (4.8%) are higher than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if MLG's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare MLG's past year earnings growth to its 5-year average.

Earnings vs Industry: MLG earnings growth over the past year (118.9%) exceeded the Metals and Mining industry 35.3%.


Return on Equity

High ROE: MLG's Return on Equity (10.9%) is considered low.


Financial Health

How is MLG Oz's financial position?


Financial Position Analysis

Short Term Liabilities: MLG's short term assets (A$66.1M) do not cover its short term liabilities (A$77.8M).

Long Term Liabilities: MLG's short term assets (A$66.1M) exceed its long term liabilities (A$30.8M).


Debt to Equity History and Analysis

Debt Level: MLG's debt to equity ratio (0.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if MLG's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: MLG's debt is well covered by operating cash flow (28601.9%).

Interest Coverage: MLG's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet


Dividend

What is MLG Oz current dividend yield, its reliability and sustainability?

3.56%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MLG's dividend (3.56%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: MLG's dividend (3.56%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether MLG's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if MLG's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.3%), MLG's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MLG's dividends in 3 years are forecast to be well covered by earnings (32.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Murray Leahy

no data

Tenure

Mr. Murray Leahy is the Founder of MLG Oz Ltd. and its Managing Director and Chief Executive Officer. He serves as Director of MLG Oz Ltd.Starting initially as a small contractor providing silica mining a...


Ownership

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

Ownership Breakdown

Dilution of Shares: MLG only recently listed within the past 12 months.


Top Shareholders

Company Information

MLG Oz Limited's employee growth, exchange listings and data sources


Key Information

  • Name: MLG Oz Limited
  • Ticker: MLG
  • Exchange: ASX
  • Founded: 2001
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$139.842m
  • Shares outstanding: 145.67m
  • Website: https://www.mlgoz.com.au

Number of Employees


Location

  • MLG Oz Limited
  • 10 Yindi Way
  • Kalgoorlie
  • Western Australia
  • 6433
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:05
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.