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Midway ASX:MWY Stock Report

Last Price

AU$0.84

Market Cap

AU$72.5m

7D

2.4%

1Y

21.7%

Updated

22 May, 2024

Data

Company Financials

MWY Stock Overview

Engages in the production, processing, and export of woodfibre in Australia, China, Japan, and Southeast Asia.

MWY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Midway Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Midway
Historical stock prices
Current Share PriceAU$0.84
52 Week HighAU$0.94
52 Week LowAU$0.57
Beta0.69
1 Month Change15.86%
3 Month Change12.00%
1 Year Change21.74%
3 Year Change-18.05%
5 Year Change-76.99%
Change since IPO-64.10%

Recent News & Updates

Midway Limited's (ASX:MWY) Business Is Yet to Catch Up With Its Share Price

May 06
Midway Limited's (ASX:MWY) Business Is Yet to Catch Up With Its Share Price

Recent updates

Midway Limited's (ASX:MWY) Business Is Yet to Catch Up With Its Share Price

May 06
Midway Limited's (ASX:MWY) Business Is Yet to Catch Up With Its Share Price

Health Check: How Prudently Does Midway (ASX:MWY) Use Debt?

Apr 08
Health Check: How Prudently Does Midway (ASX:MWY) Use Debt?

There Are Reasons To Feel Uneasy About Midway's (ASX:MWY) Returns On Capital

Oct 03
There Are Reasons To Feel Uneasy About Midway's (ASX:MWY) Returns On Capital

Is Midway (ASX:MWY) A Risky Investment?

May 31
Is Midway (ASX:MWY) A Risky Investment?

Calculating The Fair Value Of Midway Limited (ASX:MWY)

May 05
Calculating The Fair Value Of Midway Limited (ASX:MWY)

Midway (ASX:MWY) Will Be Hoping To Turn Its Returns On Capital Around

Mar 27
Midway (ASX:MWY) Will Be Hoping To Turn Its Returns On Capital Around

Here's Why Midway (ASX:MWY) Has A Meaningful Debt Burden

Mar 01
Here's Why Midway (ASX:MWY) Has A Meaningful Debt Burden

Midway's(ASX:MWY) Share Price Is Down 66% Over The Past Three Years.

Feb 08
Midway's(ASX:MWY) Share Price Is Down 66% Over The Past Three Years.

An Intrinsic Calculation For Midway Limited (ASX:MWY) Suggests It's 35% Undervalued

Jan 13
An Intrinsic Calculation For Midway Limited (ASX:MWY) Suggests It's 35% Undervalued

Should You Take Comfort From Insider Transactions At Midway Limited (ASX:MWY)?

Dec 17
Should You Take Comfort From Insider Transactions At Midway Limited (ASX:MWY)?

What Can We Make Of Midway's (ASX:MWY) CEO Compensation?

Nov 26
What Can We Make Of Midway's (ASX:MWY) CEO Compensation?

Shareholder Returns

MWYAU ForestryAU Market
7D2.4%0.8%1.5%
1Y21.7%13.9%8.7%

Return vs Industry: MWY exceeded the Australian Forestry industry which returned 13.9% over the past year.

Return vs Market: MWY exceeded the Australian Market which returned 8.7% over the past year.

Price Volatility

Is MWY's price volatile compared to industry and market?
MWY volatility
MWY Average Weekly Movement4.3%
Forestry Industry Average Movement5.0%
Market Average Movement9.0%
10% most volatile stocks in AU Market17.7%
10% least volatile stocks in AU Market3.4%

Stable Share Price: MWY has not had significant price volatility in the past 3 months.

Volatility Over Time: MWY's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1980n/aTony Mckennawww.midwaylimited.com.au

Midway Limited engages in the production, processing, and export of woodfibre in Australia, China, Japan, and Southeast Asia. It operates through Woodfibre, Forestry Logistics, and Plantation Management segments. The company provides support services to third parties engaged in growing woodfibre, including harvest and haul; supplies biomass woodchips and sawdust; and planation management services, comprising silviculture services.

Midway Limited Fundamentals Summary

How do Midway's earnings and revenue compare to its market cap?
MWY fundamental statistics
Market capAU$72.49m
Earnings (TTM)-AU$7.18m
Revenue (TTM)AU$185.16m

0.4x

P/S Ratio

-10.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MWY income statement (TTM)
RevenueAU$185.16m
Cost of RevenueAU$144.14m
Gross ProfitAU$41.02m
Other ExpensesAU$48.19m
Earnings-AU$7.18m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.082
Gross Margin22.15%
Net Profit Margin-3.88%
Debt/Equity Ratio11.4%

How did MWY perform over the long term?

See historical performance and comparison
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