MAXIPARTS LIMITED (MXI)
Share Price Analysis and Chart

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MXI - MAXIPARTS LIMITED

FNArena Sector : Automobiles & Components

Year End: June

GICS Industry Group : Capital Goods

Debt/EBITDA: 2.96

Index:

LAST PRICE	CHANGE +/-	CHANGE %	VOLUME
$2.40 22 Aug 2025	0.120 OPEN $2.29	5.26% HIGH $2.40	35,720 LOW $2.29

TARGET

$2.60

8.3% upside

Franking for last dividend paid out: 100%

OTHER COMPANIES IN THE SAME SECTOR
AMA . AOV . APE . ARB . ASG . BAP . CAR . IFM . MTO . PWH . PWR . RPM . SFC . SNL . SUL . VMT .

FNARENA'S MARKET CONSENSUS FORECASTS

Title	FY23 Actual	FY24 Actual	FY25 Forecast	FY26 Forecast
EPS (cps)	xxx	5.3	15.7	xxx
DPS (cps)	xxx	5.1	6.6	xxx
EPS Growth	xxx	- 57.4%	100.0%	xxx
DPS Growth	xxx	- 19.6%	28.4%	xxx
PE Ratio	xxx	N/A	15.3	xxx
Dividend Yield	xxx	N/A	2.8%	xxx
Div Pay Ratio(%)	xxx	97.2%	42.0%	xxx

Dividend yield today if purchased 3 years ago: 2.19%

DIVIDEND YIELD CALCULATOR

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 28/02 - ex-div 2.57c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD

Copyright © 2025 FactSet UK Limited. All rights reserved

Title	2019	2020	2021	2022	2023	2024
EPS Basic	xxx	xxx	xxx	xxx	xxx	5.3
DPS All	xxx	xxx	xxx	xxx	xxx	5.1
Sales/Revenue	xxx	xxx	xxx	xxx	xxx	243.9 M
Book Value Per Share	xxx	xxx	xxx	xxx	xxx	181.4
Net Operating Cash Flow	xxx	xxx	xxx	xxx	xxx	10.6 M
Net Profit Margin	xxx	xxx	xxx	xxx	xxx	2.30 %

EPS Basic

Negative
Growth
Slowing

DPS All

Negative
Growth
Slowing

Sales/Revenue

Negative
Growth
Slowing

Book Value Per Share

Negative
Growth
Slowing

Net Operating Cash Flow

Negative
Growth
Slowing

Net Profit Margin

Negative
Growth
Slowing

Title	2019	2020	2021	2022	2023	2024
Return on Capital Employed	xxx	xxx	xxx	xxx	xxx	6.10 %
Return on Invested Capital	xxx	xxx	xxx	xxx	xxx	3.88 %
Return on Assets	xxx	xxx	xxx	xxx	xxx	2.90 %
Return on Equity	xxx	xxx	xxx	xxx	xxx	6.10 %
Return on Total Capital	xxx	xxx	xxx	xxx	xxx	9.13 %
Free Cash Flow ex dividends	xxx	xxx	xxx	xxx	xxx	7.0 M

Return on Capital Employed

Negative
Growth
Slowing

Return on Invested Capital

Negative
Growth
Slowing

Return on Assets

Negative
Growth
Slowing

Return on Equity

Negative
Growth
Slowing

Return on Total Capital

Negative
Growth
Slowing

Free Cash Flow ex dividends

Negative
Growth
Slowing

Title	2019	2020	2021	2022	2023	2024
Short-Term Debt	xxx	xxx	xxx	xxx	xxx	9 M
Long Term Debt	xxx	xxx	xxx	xxx	xxx	59 M
Total Debt	xxx	xxx	xxx	xxx	xxx	68 M
Goodwill - Gross	xxx	xxx	xxx	xxx	xxx	38 M
Cash & Equivalents - Generic	xxx	xxx	xxx	xxx	xxx	14 M
Price To Book Value	xxx	xxx	xxx	xxx	xxx	1.08

Short-Term Debt

Negative
Growth
Slowing

Long Term Debt

Negative
Growth
Slowing

Total Debt

Negative
Growth
Slowing

Goodwill - Gross

Negative
Growth
Slowing

Cash & Equivalents - Generic

Negative
Growth
Slowing

Price To Book Value

Negative
Growth
Slowing

Title	2019	2020	2021	2022	2023	2024
Capex	xxx	xxx	xxx	xxx	xxx	1.4 M
Capex % of Sales	xxx	xxx	xxx	xxx	xxx	0.57 %
Cost of Goods Sold	xxx	xxx	xxx	xxx	xxx	217 M
Selling, General & Admin. Exp & Other	xxx	xxx	xxx	xxx	xxx	13 M
Research & Development	xxx	xxx	xxx	xxx	xxx	-
Investments - Total	xxx	xxx	xxx	xxx	xxx	0 M

Capex

Negative
Growth
Slowing

Capex % of Sales

Negative
Growth
Slowing

Cost of Goods Sold

Negative
Growth
Slowing

Selling, General & Admin. Exp & Other

Negative
Growth
Slowing

Research & Development

Investments - Total

Negative
Growth
Slowing

Negative

Growth

Slowing

EXPERT VIEWS
EXTRA COVERAGE

EXPERT VIEWS

Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

BROKER	DATE	RATING	RECOMMENDATION	TARGET PRICE	% TO REACH TARGET	COMMENTARY
Ord Minnett	24/02/2025	1	Buy	$2.60	8.33%	MaxiPARTS' business improved in its first half result, Ord Minnett observes, despite the challenging environment. EBITDA margins rose 40 basis points to 10% and there is scope for further improvement. The softening of general transport activity across the east coast of Australia and an increase in competitive pricing during the half are expected to continue, yet the broker upgrades estimates for FY25-27 earnings by 2-5%, given the first half was stronger than expected. Buy rating. Target is $2.60. FORECAST Ord Minnett forecasts a full year FY25 dividend of 6.60 cents and EPS of 15.70 cents. Ord Minnett forecasts a full year FY26 dividend of 7.50 cents and EPS of 17.70 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Ord Minnett

24/02/2025

Buy

$2.60

8.33%

MaxiPARTS' business improved in its first half result, Ord Minnett observes, despite the challenging environment. EBITDA margins rose 40 basis points to 10% and there is scope for further improvement.

The softening of general transport activity across the east coast of Australia and an increase in competitive pricing during the half are expected to continue, yet the broker upgrades estimates for FY25-27 earnings by 2-5%, given the first half was stronger than expected.

Buy rating. Target is $2.60.

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 6.60 cents and EPS of 15.70 cents.
Ord Minnett forecasts a full year FY26 dividend of 7.50 cents and EPS of 17.70 cents.

Access Stockbroker Research History >

EXTRA COVERAGE

Display All Commentary

No. Of Recommendations

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER	DATE	RATING	RECOMMENDATION	TARGET PRICE	% TO REACH TARGET	COMMENTARY
Canaccord Genuity	27/02/2025	1	Buy	$2.50	4.17%	Canaccord Genuity notes MaxiPARTS 1H25 result showed strong performance following integration with recently acquired WA-based Independent Parts and Forch Australia in Brisbane. EBITDA was up 28.6% y/y to $13.7m, slightly ahead of the broker's $13.4m forecast. Strong operating cash flow helped reduce net debt to $10.4m from $15.9m in FY23, and the broker expects further improvement across FY25 to $5.6m. No material forecast changes. Buy rating remains and target price is unchanged at $2.5. FORECAST Canaccord Genuity forecasts a full year FY25 dividend of 6.63 cents and EPS of 17.00 cents. Canaccord Genuity forecasts a full year FY26 dividend of 8.00 cents and EPS of 20.00 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Canaccord Genuity

27/02/2025

Buy

$2.50

4.17%

Canaccord Genuity notes MaxiPARTS 1H25 result showed strong performance following integration with recently acquired WA-based Independent Parts and Forch Australia in Brisbane.

EBITDA was up 28.6% y/y to $13.7m, slightly ahead of the broker's $13.4m forecast.

Strong operating cash flow helped reduce net debt to $10.4m from $15.9m in FY23, and the broker expects further improvement across FY25 to $5.6m.

No material forecast changes. Buy rating remains and target price is unchanged at $2.5.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 6.63 cents and EPS of 17.00 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 8.00 cents and EPS of 20.00 cents.

Access Extra Coverage Research History >

MXI STOCK CHART

FNArena News on MXI

1	Weekly Ratings, Targets, Forecast Changes – 07-03-25 Mar 10 2025 - Weekly Reports

2	Australian Broker Call Extra Edition – Feb 27, 2025 Feb 27 2025 - Daily Market Reports

3	FNArena Corporate Results Monitor – 25-02-2025 Feb 25 2025 - Australia

4	Australian Broker Call Extra Edition – Sep 02, 2024 Sep 02 2024 - Daily Market Reports

5	FNArena Corporate Results Monitor – 26-08-2024 Aug 26 2024 - Australia

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Dividend Yield Today On Last Actual Payout :	2.14
Estimated Dividend Growth (Average Of Past Three Years)	%
Amount Invested	$
Tell Me The Dividend After This Many Years

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MAXIPARTS LIMITED (MXI)
Share Price Analysis and Chart