MLG OZ LIMITED (MLG)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

MLG - MLG OZ LIMITED

FNArena Sector : Mining Sector Contracting
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 1.74
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.60

18 Apr
2024

0.020

OPEN

$0.58

3.45%

HIGH

$0.61

97,534

LOW

$0.58

TARGET
$1.05 75.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALQ . ANG . C79 . CDA . CDD . DCG . DOW . EHL . GNG . IMD . IPG . IPL . LBL . LYL . MAD . MAH . MIN . MND . MSV . MYE . NWH . ORI . PRN . RAN . RCR . RDG . RUL . SRG . SVW . SXE . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
MLG: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx N/A 10.0 xxx
DPS (cps) xxx N/A 2.6 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 6.0 xxx
Dividend Yield xxx N/A 4.3% xxx
Div Pay Ratio(%) xxx N/A 26.0% xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
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: 15/09 - ex-div 1.71c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx0.6
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx375.2 M
Book Value Per Share xxxxxxxxxxxxxxx81.1
Net Operating Cash Flow xxxxxxxxxxxxxxx32.7 M
Net Profit Margin xxxxxxxxxxxxxxx0.22 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx0.69 %
Return on Invested Capital xxxxxxxxxxxxxxx0.53 %
Return on Assets xxxxxxxxxxxxxxx0.32 %
Return on Equity xxxxxxxxxxxxxxx0.69 %
Return on Total Capital xxxxxxxxxxxxxxx6.41 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx14.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx31 M
Long Term Debt xxxxxxxxxxxxxxx30 M
Total Debt xxxxxxxxxxxxxxx61 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx0 M
Price To Book Value xxxxxxxxxxxxxxx0.76

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx18.3 M
Capex % of Sales xxxxxxxxxxxxxxx4.87 %
Cost of Goods Sold xxxxxxxxxxxxxxx243 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx121 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

21/02/2024

1

Speculative Buy

$1.05

75.00%

Turnaround momentum continued for MLG Oz in the 1H, according to Morgans, with results beating expectations. The highlight were rebounding margins, according to the broker.

Compared to the previous corresponding period, revenue and earnings (EBITDA) rose by 29% and 72%, respectively. The earnings margin jumped to 12.8% from 9.7% on optimisation of existing contracsts and rates renewed at higher levels.

The broker upgrades FY24-26 EPS forecasts by 15-30% and highlights the company has grown revenue run-rates by 75% (in the less than three years since IPO) amid tough markets.

The target rises to $1.05 from 98c, and the analyst changes the rating for MLG OZ to Speculative Buy from Add, without further explanation.

FORECAST
Morgans forecasts a full year FY24 dividend of 2.60 cents and EPS of 10.00 cents.
Morgans forecasts a full year FY25 dividend of 3.20 cents and EPS of 14.00 cents.
Access Stockbroker Research History >

MLG STOCK CHART

FNArena News on MLG

1
FNArena Corporate Results Monitor – 21-02-2024

Feb 21 2024 - Australia
2
FNArena Corporate Results Monitor – 24-08-2023

Aug 24 2023 - Australia
3
Weekly Ratings, Targets, Forecast Changes – 30-06-23

Jul 03 2023 - Weekly Reports
4
FNArena Corporate Results Monitor – 24-02-2022

Feb 24 2022 - Australia
5
Australian Broker Call *Extra* Edition – Sep 29, 2021

Sep 29 2021 - Daily Market Reports

Latest Mining Sector Contracting News

1
Orica Resumes Up-Trend

Apr 16 2024 - Technicals
2
Treasure Chest: Orica’s Technology Tailwind

Nov 21 2023 - Treasure Chest
3
Orica’s Green Ambitions Well-Received

Sep 25 2023 - Australia
4
Gold & Copper Add Confidence To DDH1’s Future

Feb 08 2023 - Small Caps
5
Mader Group Targets US Growth

Dec 22 2022 - Small Caps
6
Perenti Pleases with Guidance Upgrade

Dec 22 2022 - Small Caps
7
The Evolution of Imdex

Sep 15 2022 - Small Caps
8
Treasure Chest: Mining Services Undervalued

May 18 2022 - Treasure Chest
9
DDH1 On The Expansion Trail

Sep 10 2021 - Small Caps
10
New Work The Catalyst For Monadelphous

Aug 27 2021 - Australia