Murray Cod Australia Limited (MCA) AI Stock Analysis

• Market Cap: AU$125.74M
• Dividend Yield: N/A
• Average Volume (3M): 28.17K
• Price to Earnings (P/E): 12.2
• Beta (1Y): 0.12
• Revenue Growth: 4.34%
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural Farm Products
• EPS (TTM): 0.07
• Shares Outstanding: 123,882,290
• 10 Day Avg. Volume: 15,007
• 30 Day Avg. Volume: 28,168
• PEG Ratio: -0.01
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 10.62
• P/FCF Ratio: -4.35
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: AU$1.00 ▼(-4.76% Downside)

Murray Cod Australia Limited's overall stock score is primarily influenced by its financial performance and valuation. The company faces significant financial challenges, particularly with cash flow management, which is a major concern. Technical indicators suggest a neutral to slightly bearish trend, while the valuation appears reasonable. The absence of earnings call insights and corporate events means these factors do not influence the score.

Positive Factors

Sustainable Farming Practices

MCA's focus on sustainable farming aligns with increasing consumer demand for eco-friendly products, potentially boosting long-term market appeal.

Market Reach and Partnerships

Strategic partnerships enhance MCA's market reach and distribution capabilities, supporting revenue growth and market penetration over time.

Improved Profitability Margins

Improving margins suggest better cost management, which can lead to enhanced profitability and competitive pricing in the long term.

Negative Factors

Inconsistent Revenue Growth

Inconsistent revenue growth can hinder strategic planning and investment, affecting the company's ability to scale and compete effectively.

Cash Flow Management Issues

Persistent cash flow challenges can limit operational flexibility and investment capacity, impacting long-term growth and stability.

Low Net Profit Margin

Low net profit margins indicate limited profitability, which can restrict reinvestment opportunities and shareholder returns over time.

Murray Cod Australia Limited Business Overview & Revenue Model

Company Description

Murray Cod Australia Limited, together with its subsidiaries, engages in breeding, growing, and marketing freshwater table fish in Australia. The company is also involved in breeding and selling Murray Cod, Golden Perch, and Silver Perch as fingerlings. In addition, it constructs and sells aquaculture equipment. The company was incorporated in 2001 and is headquartered in Griffith, Australia.

How the Company Makes Money

Murray Cod Australia Limited generates revenue primarily through the sale of fresh and processed Murray Cod products. The company operates its aquaculture farms, where it raises fish from hatchery to market size, ensuring a consistent supply of premium-quality fish. Key revenue streams include direct sales to wholesalers, retailers, and restaurants, as well as export opportunities to international markets. MCA has also established partnerships with various seafood distributors and retailers, enhancing its market reach and enabling it to tap into growing consumer demand for sustainable and locally sourced seafood. Additionally, the company may benefit from government support and grants aimed at promoting sustainable aquaculture practices.

Murray Cod Australia Limited Financial Statement Overview

Summary

Murray Cod Australia Limited is experiencing financial challenges with inconsistent revenue growth and cash flow issues. While profitability margins have improved, they remain modest, and the balance sheet is stable but not strong enough to offset cash flow concerns.

Income Statement

Murray Cod Australia Limited has shown inconsistent revenue growth with a recent decline in revenue. The gross profit margin has improved significantly, indicating better cost management, but the net profit margin remains low. The EBIT and EBITDA margins have improved but are still modest, reflecting ongoing operational challenges.

Balance Sheet

The company's debt-to-equity ratio is moderate, suggesting a balanced approach to leveraging. Return on equity has improved but remains low, indicating limited profitability relative to equity. The equity ratio is healthy, showing a strong equity base relative to total assets.

Cash Flow

The company faces challenges with negative operating and free cash flows, although the free cash flow to net income ratio is positive, indicating some efficiency in converting income to cash. The free cash flow growth rate is negative, highlighting cash flow management issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.81M	10.66M	10.21M	10.86M	12.55M	9.10M
Gross Profit	-18.96M	34.28M	-24.51M	8.84M	-12.37M	6.72M
EBITDA	10.95M	18.62M	-2.63M	-6.63M	-6.82M	-1.76M
Net Income	4.94M	8.56M	-6.22M	-7.30M	-8.75M	-1.16M
Balance Sheet
Total Assets	163.04M	163.04M	136.67M	93.81M	92.03M	40.61M
Cash, Cash Equivalents and Short-Term Investments	355.21K	355.21K	20.75M	11.42M	27.03M	3.47M
Total Debt	37.17M	37.17M	31.08M	12.78M	8.01M	6.66M
Total Liabilities	62.12M	62.12M	45.58M	22.78M	15.64M	8.72M
Stockholders Equity	100.91M	100.91M	91.08M	71.03M	76.39M	31.90M
Cash Flow
Free Cash Flow	-20.98M	-25.99M	-26.97M	-15.52M	-12.54M	-4.43M
Operating Cash Flow	-13.60M	-16.91M	-15.50M	-8.95M	-5.47M	-2.01M
Investing Cash Flow	-9.08M	-9.08M	-11.46M	-6.57M	-7.05M	-2.19M
Financing Cash Flow	5.59M	5.59M	36.67M	-422.47K	36.06M	1.56M

Murray Cod Australia Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MCA, the sentiment is Negative. The current price of 1.05 is above the 20-day moving average (MA) of 1.00, above the 50-day MA of 1.03, and below the 200-day MA of 1.06, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.17 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MCA.

Murray Cod Australia Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AAP	70 Neutral	AU$18.43M	9.43	14.00%	―	18.35%	55.88%
FRM	66 Neutral	AU$48.47M	6.62	29.12%	―	2.63%	―
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
MCA	55 Neutral	AU$125.74M	12.24	8.91%	―	4.34%	―
DBF	43 Neutral	AU$94.27M	-2.99	-11.46%	29.49%	-16.73%	-343.82%

Murray Cod Australia Limited Corporate Events

Murray Cod Australia Updates Director’s Interest Notice

Murray Cod Australia Limited has announced a change in the director’s interest notice involving Mr. Mathew Ryan. The change involves indirect interests held through M & B Ryan Pty Ltd and his spouse, Mrs. Bonnie Louise Ryan. This update reflects the director’s holdings in fully paid ordinary shares and various unlisted options with different vesting periods and exercise prices.

The most recent analyst rating on (AU:MCA) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Murray Cod Australia Limited stock, see the AU:MCA Stock Forecast page.

Murray Cod Australia Announces Director’s Interest Change

Murray Cod Australia Limited announced a change in the director’s interest, specifically involving Ross Anderson, who holds indirect interests through Anderson’s Investment Service and Kimbalex Investments. The change, effective December 2, 2025, involves a substantial number of ordinary shares and unlisted options, potentially impacting the company’s governance and investment structure.

The most recent analyst rating on (AU:MCA) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Murray Cod Australia Limited stock, see the AU:MCA Stock Forecast page.

Murray Cod Australia Issues Unlisted Options to Boost Employee Incentives

Murray Cod Australia Limited has announced the issuance of 1,095,237 unlisted options under an employee incentive scheme. This move is part of the company’s strategy to motivate and retain key personnel, potentially enhancing operational performance and aligning employee interests with corporate goals.

The most recent analyst rating on (AU:MCA) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Murray Cod Australia Limited stock, see the AU:MCA Stock Forecast page.

Murray Cod Australia Limited Announces Cessation of Securities

Murray Cod Australia Limited announced the cessation of 1,300,000 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation could impact the company’s capital structure and may influence investor perceptions regarding the company’s financial strategies.

The most recent analyst rating on (AU:MCA) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Murray Cod Australia Limited stock, see the AU:MCA Stock Forecast page.

Murray Cod Australia Limited Successfully Concludes Annual General Meeting with All Resolutions Passed

Murray Cod Australia Limited announced the successful passing of all resolutions at its Annual General Meeting held on November 18, 2025. The resolutions included the re-election of directors, approval of options to directors, and the ratification of prior share placements, which reflect the company’s strategic direction and governance stability.

The most recent analyst rating on (AU:MCA) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Murray Cod Australia Limited stock, see the AU:MCA Stock Forecast page.

Murray Cod Australia Ltd Reports Strong Q1 FY26 Growth and Expansion

Murray Cod Australia Ltd reported a strong first quarter for FY26, with a 45% increase in sales driven by higher production volumes and growing customer demand. The company successfully raised $17 million in capital and expanded its retail footprint with Woolworths, doubling its presence in selected stores. International sales also showed significant growth, particularly in Hong Kong and Singapore. The company is transitioning from a biomass-building phase to sustained revenue generation, with expectations of improved fish size distribution and increased harvest weights in the coming months.

The most recent analyst rating on (AU:MCA) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Murray Cod Australia Limited stock, see the AU:MCA Stock Forecast page.

Murray Cod Australia Limited Announces 2025 AGM Details

Murray Cod Australia Limited has announced the details for its 2025 Annual General Meeting (AGM), scheduled for 18 November 2025 at the Southside Griffith Leagues Club in Griffith, NSW. The company has also informed that the Annual Report for the year ending 30 June 2025 was previously released and that voting details for the AGM will be sent to shareholders according to their preferences.

The most recent analyst rating on (AU:MCA) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Murray Cod Australia Limited stock, see the AU:MCA Stock Forecast page.