Murray Cod Australia Limited (MCA) AI Stock Analysis

• Market Cap: AU$114.43M
• Dividend Yield: N/A
• Average Volume (3M): 41.35K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.12
• Revenue Growth: 12.97%
• EPS Growth: 74.18%
• Country: AU
• Employees: N/A
• Sector: Consumer Defensive
• Sector Strength: 53
• Industry: Agricultural Farm Products
• EPS (TTM): 0.01
• Shares Outstanding: 105,954,540
• 10 Day Avg. Volume: 24,781
• 30 Day Avg. Volume: 41,348
• 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: AU$1.00
• Price Target Upside: -9.09% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: AU$1.00 ▼(-9.09%Downside)

Murray Cod Australia Limited's financial performance is the most significant factor impacting the score, with ongoing profitability and cash flow challenges. Technical analysis shows neutral momentum with a bearish trend. Valuation remains unfavorable due to negative earnings and lack of dividends, making the overall investment outlook cautious.

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
EBITDA	2.94M	-2.63M	-7.12M	-8.73M	-613.32K	111.22K
Net Income	-2.16M	-6.22M	-7.30M	-8.75M	-1.16M	61.69K
Balance Sheet
Total Assets	137.83M	136.67M	93.81M	92.03M	40.61M	36.61M
Cash, Cash Equivalents and Short-Term Investments	4.24M	20.75M	11.42M	27.03M	3.47M	6.08M
Total Debt	30.99M	31.08M	12.78M	8.01M	6.66M	3.23M
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: Positive
• Last Price: 1.10
• 50DMA: Positive
• 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 Positive. The current price of 1.1 is above the 20-day moving average (MA) of 1.02, above the 50-day MA of 1.03, and below the 200-day MA of 1.27, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 56.07 is Neutral, neither overbought nor oversold. The STOCH value of 63.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	58 Neutral	AU$17.69M	9.23	15.59%	―	65.25%	766.67%
LGL	57 Neutral	AU$213.62M	121.53	0.89%	5.71%	1.56%	―
DBF	54 Neutral	AU$43.22M	63.25	0.65%	9.52%	89.65%	―
FRM	51 Neutral	AU$78.47M	―	1.33%	―	-0.71%	91.71%
Sector *	50 Neutral	AU$2.21B	-0.55	-14.39%	12.85%	7.38%	-60.19%
MCA	46 Neutral	AU$114.43M	―	-2.58%	―	12.97%	74.18%
CSS	43 Neutral	AU$28.29M	―	-83.19%	―	-5.83%	-153.17%

Murray Cod Australia Limited Corporate Events

Murray Cod Australia Issues New Securities Under Employee Share Plan

Murray Cod Australia Limited has announced the issuance of 180,000 fully paid ordinary securities under its Employee Share Plan, which was last approved at the 2023 Annual General Meeting. This move is part of the company’s strategy to incentivize its employees and align their interests with the company’s growth objectives, potentially enhancing its operational performance and market positioning.