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	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

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

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

Does not have a meaningful market cap (€11M)

My Notes

Capture your thoughts, links and company narrative

Myeco Group Ltd Competitors

IBU-tec advanced materials

XTRA:IBU

€28.9m

OTI Greentech

DUSE:NSAK

€482.8k

Bio-Gate

DB:BIG1

€6.6m

SIMONA

DB:SIM0

€330.0m

Price History & Performance

Summary of share price highs, lows and changes for Myeco Group
Historical stock prices
Current Share Price	AU$0.008
52 Week High	AU$0.018
52 Week Low	AU$0.006
Beta	1.28
1 Month Change	-16.67%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-55.56%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	MZ60	DE Chemicals	DE Market
7D	0%	1.1%	-0.02%
1Y	n/a	6.5%	15.1%

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	24.0%
Chemicals Industry Average Movement	4.1%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.3%
10% least volatile stocks in DE Market	2.4%

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	€6.88m
Earnings (TTM)	-€5.72m
Revenue (TTM)	€8.77m

0.8x

P/S Ratio

-1.2x

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

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 04:08
End of Day Share Price	2025/02/07 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 Github.

Analyst Sources

Myeco Group Ltd is covered by 2 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.

Analyst	Institution
Aaron Muller	Canaccord Genuity
Heath Andrews	PAC Partners Securities Pty. Ltd.