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Midway CHIA:MWY Stock Report

Last Price

AU$1.24

Market Cap

AU$108.7m

7D

-0.4%

1Y

65.3%

Updated

07 Jan, 2025

Data

Company Financials

Midway Limited

CHIA:MWY Stock Report

Market Cap: AU$108.7m

MWY Stock Overview

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

MWY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 69.5% below our estimate of its fair value

Became profitable this year

Risk Analysis

Earnings have declined by 31.5% per year over past 5 years

Highly volatile share price over the past 3 months compared to the Australian market

Does not have a meaningful market cap (A$109M)

Large one-off items impacting financial results


My Notes

Capture your thoughts, links and company narrative

Midway Limited Competitors

Big River Industries

ASX:BRI

AU$110.6m

Austral Resources Australia

ASX:AR1

AU$84.3m

Patronus Resources

ASX:PTN

AU$81.9m

Beacon Minerals

ASX:BCN

AU$93.0m

Price History & Performance

Summary of share price highs, lows and changes for Midway
Historical stock prices
Current Share PriceAU$1.24
52 Week HighAU$1.26
52 Week LowAU$0.63
Beta0.81
1 Month Change-0.80%
3 Month Change38.55%
1 Year Change65.33%
3 Year Changen/a
5 Year Change-34.39%
Change since IPO-49.39%

Recent News & Updates

Recent updates

Shareholder Returns

MWYAU ForestryAU Market
7D-0.4%-0.2%0.3%
1Y65.3%-4.8%9.7%

Return vs Industry: MWY exceeded the Australian Forestry industry which returned -4.8% over the past year.

Return vs Market: MWY exceeded the Australian Market which returned 9.7% over the past year.

Price Volatility

Is MWY's price volatile compared to industry and market?
MWY volatility
MWY Average Weekly Movement20.7%
Forestry Industry Average Movement5.4%
Market Average Movement8.1%
10% most volatile stocks in AU Market16.9%
10% least volatile stocks in AU Market3.0%

Stable Share Price: MWY's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: MWY's weekly volatility has increased from 14% to 21% over the past year.

About the Company

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

Midway Limited engages in the production, processing, marketing, and export of woodfibre in Australia, China, Japan, and Southeast Asia. It operates through Woodfibre, Plantation and Carbon Management, and Ancillary segments. The company provides plantation management services, comprising silviculture services combined with carbon management activities; and purchases and sells third party wood.

Midway Limited Fundamentals Summary

How do Midway's earnings and revenue compare to its market cap?
MWY fundamental statistics
Market capAU$108.73m
Earnings (TTM)AU$858.00k
Revenue (TTM)AU$276.04m

126.7x

P/E Ratio

0.4x

P/S Ratio

Is MWY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MWY income statement (TTM)
RevenueAU$276.04m
Cost of RevenueAU$205.65m
Gross ProfitAU$70.39m
Other ExpensesAU$69.53m
EarningsAU$858.00k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.0098
Gross Margin25.50%
Net Profit Margin0.31%
Debt/Equity Ratio0.6%

How did MWY perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

163%

Payout Ratio

Does MWY pay a reliable dividends?

See MWY dividend history and benchmarks
When do you need to buy MWY by to receive an upcoming dividend?
Midway dividend dates
Ex Dividend DateFeb 06 2025
Dividend Pay DateFeb 18 2025
Days until Ex dividend29 days
Days until Dividend pay date41 days

Does MWY pay a reliable dividends?

See MWY dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 19:18
End of Day Share Price 2025/01/07 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Midway Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Damien WilliamsonBell Potter
Belinda MooreMorgans Financial Limited
Danny YounisShaw and Partners Limited