Murray Cod Australia Limited (MCA) AI Stock Analysis

• Market Cap: AU$92.02M
• Dividend Yield: N/A
• Average Volume (3M): 25.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.17
• Revenue Growth: 12.97%
• EPS Growth: 74.18%
• Country: AU
• Employees: N/A
• Sector: Consumer Defensive
• Sector Strength: 63
• Industry: Agricultural Farm Products
• EPS (TTM): 0.01
• Shares Outstanding: 105,774,540
• 10 Day Avg. Volume: 40,814
• 30 Day Avg. Volume: 25,127
• PEG Ratio: 8.40
• Price to Book (P/B): 15.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -71.50
• 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

• Rating: 41 Neutral
• Price Target: AU$1.00 ▲(14.94%Upside)

Murray Cod Australia Limited's overall stock score is primarily impacted by weak financial performance, characterized by negative profitability and reliance on financing for liquidity. The technical analysis further corroborates a bearish outlook with declining momentum indicators. Valuation metrics are unfavorable due to a negative P/E ratio and lack of dividend yield.

Murray Cod Australia Limited Business Overview & Revenue Model

Company Description

Murray Cod Australia Limited (MCA) is an Australian aquaculture company specializing in the breeding, farming, and sale of Murray Cod, a premium freshwater fish native to Australia. The company operates within the aquaculture and seafood sectors, focusing on sustainable and environmentally friendly practices to deliver high-quality fish products to domestic and international markets.

How the Company Makes Money

Murray Cod Australia Limited generates revenue primarily through the sale of live and processed Murray Cod to wholesalers, retailers, and restaurants. The company employs advanced aquaculture techniques to ensure efficient breeding and growth processes, optimizing yield and quality. Additionally, MCA capitalizes on the growing demand for sustainably farmed seafood, positioning its products as a premium offering. Key factors contributing to its earnings include its proprietary farming technology, strategic partnerships with distributors and retailers, and the ongoing expansion of its production facilities to meet increasing market demand.

Murray Cod Australia Limited Financial Statement Overview

Summary

Murray Cod Australia Limited faces significant challenges in achieving profitability and positive cash flow. Despite a strong equity position and low leverage, the company struggles with negative profitability metrics and declining revenues. The reliance on financing activities for liquidity, coupled with weak cash flow performance, indicates potential financial risks. Improvements in revenue growth and cost management are necessary for better financial health.

Income Statement

Murray Cod Australia Limited has faced challenges in maintaining profitability over the years, with consistent negative net income and EBIT. The gross profit margin improved significantly to 60.6% in the latest year, up from negative margins previously. However, revenue has been declining, with a -6% growth rate from the prior year. The negative net profit margin of -60.9% indicates struggles with cost management and achieving profitability.

Balance Sheet

The company's balance sheet shows a reasonable equity position, with a debt-to-equity ratio of 0.34, indicating low leverage. However, the return on equity is negative due to persistent net losses. The equity ratio stands at 66.6%, reflecting a solid equity base relative to total assets. Despite these strengths, the company's financial stability is impacted by ongoing losses.

Cash Flow

Cash flow statements reveal a challenging cash flow situation, with negative operating and free cash flows. The free cash flow growth rate is negative, reflecting increased cash outflows. The operating cash flow to net income ratio is negative, showing inefficiencies in converting income to cash. The company relies heavily on financing activities to maintain liquidity, which can pose risks if not managed carefully.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
10.77M	10.21M	10.86M	12.55M	9.10M	3.88M
	Gross Profit
206.50K	6.19M	-17.52M	-12.37M	-2.49M	-1.96M
	EBIT
-18.38M	-11.91M	-24.16M	-17.76M	-7.26M	-5.19M
	EBITDA
2.94M	-2.63M	-7.12M	-8.73M	-613.32K	111.22K
	Net Income Common Stockholders
-2.16M	-6.22M	-7.30M	-8.75M	-1.16M	61.69K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.24M	20.75M	11.42M	27.03M	3.47M	6.08M
	Total Assets
137.83M	136.67M	93.81M	92.03M	40.61M	36.61M
	Total Debt
30.99M	31.08M	12.78M	8.01M	6.66M	3.23M
	Net Debt
26.75M	10.33M	1.36M	-19.02M	3.19M	-2.86M
	Total Liabilities
44.89M	45.58M	22.78M	15.64M	8.72M	4.62M
	Stockholders Equity
92.94M	91.08M	71.03M	76.39M	31.90M	31.99M
Cash Flow		Free Cash Flow
-31.66M	-26.97M	-15.52M	-12.54M	-4.43M	-8.87M
	Operating Cash Flow
-17.43M	-15.50M	-8.95M	-5.47M	-2.01M	-4.21M
	Investing Cash Flow
-14.23M	-11.46M	-6.57M	-7.05M	-2.19M	-7.16M
	Financing Cash Flow
18.01M	36.67M	-422.47K	36.06M	1.56M	14.46M

Murray Cod Australia Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.87
• 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 Neutral. The current price of 0.87 is below the 20-day moving average (MA) of 0.96, below the 50-day MA of 1.04, and below the 200-day MA of 1.29, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 57.87 is Neutral, neither overbought nor oversold. The STOCH value of 42.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
BGA	65 Neutral	€1.68B	49.02	3.35%	2.18%	4.28%	―
Sector *	65 Neutral	$8.73B	15.14	4.69%	4.60%	3.64%	-2.51%
GNC	63 Neutral	$1.74B	24.72	4.61%	2.55%	2.00%	-28.15%
AAC	51 Neutral	$834.48M	25.13	-0.01%	―	15.11%	―
MCA	41 Neutral	AU$92.02M	―	-2.58%	―	12.97%	74.18%

Murray Cod Australia Limited Corporate Events

Murray Cod Australia Ltd Releases Interim Financial Report for 2024

Murray Cod Australia Limited has released its interim financial report for the half-year ending December 31, 2024. This report, submitted to the Australian Securities Exchange, is intended to be read alongside the company’s 2024 Annual Report and other market announcements. The release provides financial insights for the period from July 1, 2024, to December 31, 2024, offering stakeholders an update on the company’s financial performance and positioning.