Magnis Energy Technologies Limited engages in the exploration and development of mineral properties in the United States, Australia, and Tanzania.
Magnis Energy Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.38|
|52 Week High||AU$0.14|
|52 Week Low||AU$0.49|
|1 Month Change||20.97%|
|3 Month Change||33.93%|
|1 Year Change||108.33%|
|3 Year Change||27.12%|
|5 Year Change||-46.04%|
|Change since IPO||50.00%|
Recent News & Updates
Despite Lacking Profits Magnis Energy Technologies (ASX:MNS) Seems To Be On Top Of Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
|MNS||AU Metals and Mining||AU Market|
Return vs Industry: MNS exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: MNS exceeded the Australian Market which returned 21.1% over the past year.
Stable Share Price: MNS is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: MNS's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Magnis Energy Technologies Limited engages in the exploration and development of mineral properties in the United States, Australia, and Tanzania. It primarily explores for natural flake graphite used in batteries for storing electrical energy. The company holds a 100% interest in the Nachu graphite project located in southeast Tanzania.
Magnis Energy Technologies Fundamentals Summary
|MNS fundamental statistics|
Is MNS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MNS income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.012|
|Net Profit Margin||0.00%|
How did MNS perform over the long term?See historical performance and comparison
Is Magnis Energy Technologies undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MNS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MNS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MNS is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: MNS is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MNS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MNS is overvalued based on its PB Ratio (6.4x) compared to the AU Metals and Mining industry average (2.6x).
How is Magnis Energy Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Magnis Energy Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Magnis Energy Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MNS is currently unprofitable.
Growing Profit Margin: MNS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MNS is unprofitable, but has reduced losses over the past 5 years at a rate of 9.5% per year.
Accelerating Growth: Unable to compare MNS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MNS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: MNS has a negative Return on Equity (-24.1%), as it is currently unprofitable.
How is Magnis Energy Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: MNS's short term assets (A$93.0M) exceed its short term liabilities (A$3.9M).
Long Term Liabilities: MNS's short term assets (A$93.0M) exceed its long term liabilities (A$65.2M).
Debt to Equity History and Analysis
Debt Level: MNS's debt to equity ratio (96.6%) is considered high.
Reducing Debt: Insufficient data to determine if MNS's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MNS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MNS has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 4.5% each year.
What is Magnis Energy Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MNS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MNS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MNS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MNS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MNS's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Magnis Energy Technologies has no CEO, or we have no data on them.
Experienced Board: MNS's board of directors are not considered experienced ( 0.6 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: MNS 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 31.5%.
Magnis Energy Technologies Limited's employee growth, exchange listings and data sources
- Name: Magnis Energy Technologies Limited
- Ticker: MNS
- Exchange: ASX
- Founded: 2005
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$348.538m
- Shares outstanding: 929.43m
- Website: https://www.magnis.com.au
Number of Employees
- Magnis Energy Technologies Limited
- Aurora Place
- Suite 9.03, Level 9
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:13|
|End of Day Share Price||2021/10/21 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.