Myeco Group (DB:MZ60) - Stock Price, News & Analysis

MZ60 Stock Overview

Develops, manufactures, and sells sustainable packaging materials in Oceanic, Asia, the United States, Europe, and Africa. More details

MZ60 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Shares are highly illiquid

Earnings have declined by 39.5% per year over past 5 years

Does not have a meaningful market cap (€22M)

Myeco Group Ltd Competitors

IBU-tec advanced materials

XTRA:IBU

€33.3m

SIMONA

DB:SIM0

€357.0m

OTI Greentech

DUSE:NSAK

€571.0k

Bio-Gate

DB:BIG1

€6.3m

Price History & Performance

Summary of all time highs, changes and price drops for Myeco Group
Historical stock prices
Current Share Price	AU$0.018
52 Week High	AU$0.018
52 Week Low	AU$0.018
Beta	1.28
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	0%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	MZ60	DE Chemicals	DE Market
7D	n/a	-1.0%	-0.02%
1Y	n/a	-2.0%	8.2%

Return vs Industry: Insufficient data to determine how MZ60 performed against the German Chemicals industry.

Return vs Market: Insufficient data to determine how MZ60 performed against the German Market.

Price Volatility

Is MZ60's price volatile compared to industry and market?
MZ60 volatility
MZ60 Average Weekly Movement	n/a
Chemicals Industry Average Movement	4.2%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: MZ60's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine MZ60's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Richard Tegoni	www.secosgroup.com.au

Myeco Group Ltd, together with its subsidiaries, develops, manufactures, and sells sustainable packaging materials in Oceanic, Asia, the United States, Europe, and Africa. The company supplies biodegradable and compostable resins, packaging products, and cast films to blue-chip companies. It manufactures and distributes polyethylene films, renewable resources resins, and finished products.

Myeco Group Ltd Fundamentals Summary

How do Myeco Group's earnings and revenue compare to its market cap?
MZ60 fundamental statistics
Market cap	€13.78m
Earnings (TTM)	-€5.88m
Revenue (TTM)	€9.02m

1.5x

P/S Ratio

-2.3x

P/E Ratio

Is MZ60 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MZ60 income statement (TTM)
Revenue	AU$14.45m
Cost of Revenue	AU$11.34m
Gross Profit	AU$3.11m
Other Expenses	AU$12.54m
Earnings	-AU$9.42m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.016
Gross Margin	21.54%
Net Profit Margin	-65.22%
Debt/Equity Ratio	0%

How did MZ60 perform over the long term?

See historical performance and comparison