MIGI Stock Overview
Mawson Infrastructure Group Inc., a digital infrastructure provider, operates in cryptocurrency mining and digital asset infrastructure activities in the United States and Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$4.99|
|52 Week High||US$17.25|
|52 Week Low||US$2.00|
|1 Month Change||-31.27%|
|3 Month Change||-47.75%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-45.58%|
Recent News & Updates
|MIGI||US Software||US Market|
Return vs Industry: Insufficient data to determine how MIGI performed against the US Software industry.
Return vs Market: Insufficient data to determine how MIGI performed against the US Market.
|MIGI Average Weekly Movement||16.5%|
|Software Industry Average Movement||8.7%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: MIGI is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: MIGI's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
Mawson Infrastructure Group Inc., a digital infrastructure provider, operates in cryptocurrency mining and digital asset infrastructure activities in the United States and Australia. It owns and operates modular data centers. The company matches energy infrastructure with mobile data center solutions enabling the proliferation of blockchain technology.
Mawson Infrastructure Group Fundamentals Summary
|MIGI fundamental statistics|
Is MIGI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MIGI income statement (TTM)|
|Cost of Revenue||US$7.16m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.67|
|Net Profit Margin||-178.89%|
How did MIGI perform over the long term?See historical performance and comparison
Is Mawson Infrastructure Group 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: MIGI ($4.99) is trading above our estimate of fair value ($3.96)
Significantly Below Fair Value: MIGI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MIGI is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: MIGI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MIGI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MIGI is good value based on its PB Ratio (3.1x) compared to the US Software industry average (4.8x).
How is Mawson Infrastructure Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MIGI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: MIGI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MIGI's is expected to become profitable in the next 3 years.
Revenue vs Market: MIGI's revenue (139.4% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: MIGI's revenue (139.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MIGI's Return on Equity is forecast to be high in 3 years time
How has Mawson Infrastructure Group performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: MIGI is currently unprofitable.
Growing Profit Margin: MIGI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MIGI's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare MIGI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MIGI is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (20%).
Return on Equity
High ROE: MIGI has a negative Return on Equity (-42.28%), as it is currently unprofitable.
How is Mawson Infrastructure Group's financial position?
Financial Position Analysis
Short Term Liabilities: MIGI's short term assets ($52.1M) exceed its short term liabilities ($6.9M).
Long Term Liabilities: MIGI's short term assets ($52.1M) exceed its long term liabilities ($14.1K).
Debt to Equity History and Analysis
Debt Level: MIGI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MIGI'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: MIGI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MIGI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Mawson Infrastructure Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MIGI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MIGI'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 MIGI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MIGI'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 MIGI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
James Manning (37 yo)
Mr. James Edward Manning co-founded Joe Public Limited and serves as its Chairman. Mr. Manning is the Founder of Mawson Infrastructure Group, Inc. since February 2019 and serves as Chief Executive Officer,...
CEO Compensation Analysis
Compensation vs Market: James's total compensation ($USD197.57K) is below average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: James's compensation has increased whilst the company is unprofitable.
Experienced Management: MIGI's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Experienced Board: MIGI's board of directors are not considered experienced ( 1.5 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: MIGI only recently listed within the past 12 months.
Mawson Infrastructure Group, Inc.'s employee growth, exchange listings and data sources
- Name: Mawson Infrastructure Group, Inc.
- Ticker: MIGI
- Exchange: NasdaqCM
- Founded: NaN
- Industry: Application Software
- Sector: Software
- Implied Market Cap: US$344.315m
- Shares outstanding: 69.00m
- Website: https://www.mawsoninc.com
Number of Employees
- Mawson Infrastructure Group, Inc.
- 97 Pacific Highway
- Level 5
- North Sydney
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/19 23:53|
|End of Day Share Price||2022/01/19 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.