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Morphic Ethical Equities Fund Ltd.
(Sydney:MEC)
Morphic Ethical Equities Fund Ltd. (MEC) vs. iShares MSCI Australia ETF (EWA)
Morphic Ethical Equities Fund Ltd. Business Overview & Revenue Model
Morphic Ethical Equities Fund Ltd. Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 97.61K | 11.93M | 21.57M | 5.43M |
| Gross Profit | 97.61K | 11.93M | 21.57M | 5.43M |
| EBITDA | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -950.35K | 7.56M | 13.94M | 2.43M |
Balance Sheet | ||||
| Total Assets | 41.62M | 63.66M | 90.11M | 76.85M |
| Cash, Cash Equivalents and Short-Term Investments | 3.58M | 7.03M | 16.10M | 7.05M |
| Total Debt | 120.00 | 308.03K | 10.06M | 4.40M |
| Total Liabilities | 273.52K | 1.01M | 16.95M | 15.71M |
| Stockholders Equity | 41.34M | 62.65M | 73.16M | 61.14M |
Cash Flow | ||||
| Free Cash Flow | 21.63M | 4.11M | -2.32M | -1.61M |
| Operating Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | 0.00 | 0.00 | 7.74M | 13.09M |
| Financing Cash Flow | -20.49M | -3.66M | -1.91M | -919.20K |
Morphic Ethical Equities Fund Ltd. Technical Analysis
Morphic Ethical Equities Fund Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | 6.37 | 14.95% | 9.94% | 46.53% | 35.15% | ||
72 Outperform | 23.35 | 4.44% | 4.41% | -4.33% | -13.07% | ||
72 Outperform | AU$3.26B | 16.47 | 14.01% | 6.86% | -27.48% | -27.96% | |
68 Neutral | 27.65 | 3.96% | 3.76% | -3.41% | -4.97% | ||
68 Neutral | 30.23 | 3.68% | 3.30% | 1.81% | 0.50% | ||
62 Neutral | AU$9.99B | 8.08 | 10.79% | 5.21% | 32.02% | 38.31% | |
55 Neutral | AU$37.23M | 10.48 | 8.44% | 1.36% | -10.89% | 1.35% |
Morphic Ethical Equities Fund Ltd. Corporate Events
Morphic Ethical Equities Fund Ltd. has announced an update regarding its ongoing buy-back program, with a recent purchase of 2,303 ordinary fully paid securities. This buy-back activity reflects the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and indicating confidence in its current market positioning.
Morphic Ethical Equities Fund Ltd. announced its estimated unaudited Net Tangible Assets (NTA) per share as of April 24, 2025, with pre-tax NTA at 1.1136 and post-tax NTA at 1.1068, while the share price stood at 1.000. This announcement provides stakeholders with insight into the company’s financial health and may influence investor decisions, reflecting the company’s commitment to transparency in its ethical investment approach.
Morphic Ethical Equities Fund Ltd. has announced the cessation of 162,908 ordinary fully paid securities due to an on-market buy-back, effective April 28, 2025. This move may impact the company’s capital structure and could reflect a strategic decision to optimize shareholder value, potentially affecting its market positioning and stakeholder interests.
Morphic Ethical Equities Fund Ltd. has announced a daily update on its ongoing on-market buy-back program, reporting the repurchase of 36,703 ordinary fully paid securities on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to maintaining a balanced approach to growth and investor returns.
Morphic Ethical Equities Fund Ltd. announced an update on their ongoing buy-back program, reporting the purchase of 1,089 ordinary fully paid securities on the previous day, contributing to a total of 1,875,802 securities bought back to date. This buy-back initiative reflects the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and stakeholder interests positively.
Morphic Ethical Equities Fund Ltd. announced its estimated unaudited Net Tangible Assets (NTA) per share as of April 17, 2025, with pre-tax NTA at 1.0891 dollars and post-tax NTA at 1.0896 dollars, while the closing share price was 0.970 dollars. This announcement provides stakeholders with insights into the company’s financial standing, potentially influencing investment decisions and reflecting its market positioning in the ethical investment sector.
Morphic Ethical Equities Fund Ltd. announced its estimated unaudited Net Tangible Assets (NTA) per share as of April 11, 2025, with pre-tax NTA at 1.0879 and post-tax NTA at 1.0887, while the closing share price was 0.975. This announcement provides stakeholders with insights into the company’s financial standing, potentially impacting investor confidence and market positioning by highlighting the fund’s current valuation metrics.
Morphic Ethical Equities Fund Ltd. announced its estimated unaudited Net Tangible Assets (NTA) per share as of April 4, 2025. The pre-tax NTA is 1.0854 dollars per share, while the post-tax NTA is slightly higher at 1.0870 dollars per share. The closing share price is reported at 0.970 dollars. This announcement provides stakeholders with insights into the company’s financial position, indicating a discrepancy between the NTA and the current share price, which may influence investor perceptions and decisions.
Morphic Ethical Equities Fund Ltd. announced an update on its ongoing share buy-back program, with a total of 50,000 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 1,825,802 securities repurchased. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value, indicating a proactive approach to maintaining market positioning and investor confidence.
The Morphic Ethical Equities Fund reported a decline of 5.51% in March, underperforming the MSCI All Countries World Daily Total Return Net Index. The market faced challenges due to US tariffs, inflation, and government spending cuts, potentially leading to a recession. Despite these challenges, the fund’s portfolio remains diversified and includes investments in gold equities and defensive businesses. The fund’s top contributors were Greatland Gold, GFL Environmental, and Resona Holdings, while Core Scientific, Nebius Group, and Aritzia detracted from performance.
Morphic Ethical Equities Fund Ltd. announced its estimated unaudited Net Tangible Assets (NTA) per share as of March 31, 2025. The pre-tax NTA is estimated at 1.1315 dollars per share, while the post-tax NTA is 1.1193 dollars per share, with a closing share price of 1.025 dollars. This announcement provides stakeholders with insights into the company’s financial standing and market valuation, potentially influencing investor decisions and market perceptions.
Morphic Ethical Equities Fund Ltd. has announced an update regarding its ongoing buy-back program. The company reported that it bought back 100,000 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 1,725,802. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Future Generation Global Limited has increased its voting power in Morphic Ethical Equities Fund Limited, a company listed on the ASX under the ticker MEC. The change in voting power from 14.26% to 15.36% signifies a strategic move by Future Generation Global Limited, potentially impacting the governance and strategic direction of Morphic Ethical Equities Fund Limited.
Morphic Ethical Equities Fund Limited has announced an update on its ongoing share buy-back program, with a total of 1,713,983 securities bought back before the previous day and an additional 11,819 securities repurchased on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting a commitment to maintaining a robust financial position in the market.
Morphic Ethical Equities Fund Ltd. announced its estimated unaudited Net Tangible Assets (NTA) per share as of March 28, 2025, with pre-tax NTA at 1.1341 and post-tax NTA at 1.1211, while the closing share price was 1.025. This announcement provides stakeholders with insights into the company’s financial health and market valuation, reflecting its commitment to transparency in its ethical investment operations.
Morphic Ethical Equities Fund Ltd. announced the cessation of 28,472 ordinary fully paid securities due to an on-market buy-back, effective March 31, 2025. This move could potentially impact the company’s capital structure and market positioning, reflecting a strategic decision to manage its equity base, which may have implications for its stakeholders.
Morphic Ethical Equities Fund Ltd. announced its estimated unaudited Net Tangible Assets (NTA) per share as of March 21, 2025. The pre-tax NTA is valued at 1.1564 dollars per share, while the post-tax NTA stands at 1.1367 dollars per share, with a closing share price of 1.040 dollars. This announcement provides investors with insights into the company’s financial health and market positioning, potentially impacting investor decisions and market perceptions.
Ellerston Capital Limited announced that several notices regarding their shareholding in Morphic Ethical Equity Fund Limited were incorrectly lodged due to operational oversight. The company clarified that their shareholding has always been below the 5% threshold, currently standing at 4.48%. This announcement aims to correct any misunderstandings about their substantial holding status, ensuring transparency and compliance with regulatory requirements.
Morphic Ethical Equities Fund Ltd. announced its estimated unaudited Net Tangible Assets (NTA) per share as of March 14, 2025, with pre-tax NTA at 1.1242 and post-tax NTA at 1.1203, while the closing share price was 1.000. This announcement provides stakeholders with insights into the company’s financial positioning, reflecting its commitment to transparency and potentially impacting investor confidence in its ethical investment approach.
Morphic Ethical Equities Fund Ltd. has announced an update on its ongoing on-market buy-back program, with a total of 1,700,324 securities bought back prior to the previous day and an additional 13,659 securities acquired on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in its financial health.
Morphic Ethical Equities Fund Limited reported a decline of 1.36% in February, underperforming the MSCI All Countries World Daily Total Return Net Index, which saw a smaller decline of 0.30%. The market experienced a significant shift as investors moved away from US stocks, influenced by rumors of changes in Microsoft’s AI infrastructure strategy and concerns over potential US tariffs under Trump’s policies. Despite these challenges, there are positive signs such as stable oil prices and potential interest rate cuts by the Fed, while Europe and China have emerged as attractive markets due to political stability and economic growth prospects.
Morphic Ethical Equities Fund Ltd. announced the estimated unaudited Net Tangible Assets (NTA) per share as of March 7, 2025. The pre-tax NTA is estimated at 1.1331 dollars per share, while the post-tax NTA is 1.1265 dollars per share, with a closing share price of 1.025 dollars. This announcement provides stakeholders with insights into the company’s financial standing and market valuation, potentially influencing investor decisions and market perception.
Morphic Ethical Equities Fund Ltd. has announced an update regarding its ongoing share buy-back program. As of the latest update, the company has repurchased a total of 1,700,324 ordinary fully paid securities, including 14,813 bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Morphic Ethical Equities Fund Ltd. announced the estimated unaudited Net Tangible Assets (NTA) per share as of February 28, 2025. The pre-tax NTA is estimated at 1.1900 dollars per share, while the post-tax NTA is 1.1613 dollars per share, with the closing share price at 1.050 dollars. This announcement provides stakeholders with insights into the company’s financial standing and may influence investor perceptions and decisions.
Future Generation Global Limited has increased its voting power in Morphic Ethical Equities Fund Limited (ASX: MEC) from 12.76% to 14.26% through an on-market buy-back. This change in substantial holding reflects a strategic move by Future Generation Global Limited, potentially impacting the company’s influence and decision-making within Morphic Ethical Equities Fund Limited.
Morphic Ethical Equities Fund Ltd. announced the cessation of 644,316 ordinary fully paid securities due to an on-market buy-back, effective March 3, 2025. This move may impact the company’s capital structure and could be a strategic decision to enhance shareholder value, reflecting its commitment to maintaining a balanced and ethical investment portfolio.
Morphic Ethical Equities Fund Ltd. has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, with a total of 50,000 securities bought back on the previous day. This buy-back activity reflects the company’s efforts to manage its capital structure and potentially enhance shareholder value, indicating a proactive approach in maintaining its market position.
Ellerston Capital Limited announced a correction regarding an incorrect lodgement of Form 604 due to technical issues. The company confirmed that their current holding in Morphic Ethical Equities Fund Ltd. is 2,106,657 shares, representing a 5.93% ownership, and clarified that there has not been a 1% movement in shares that would require further lodgement.
Morphic Ethical Equities Fund Ltd. announced the estimated unaudited Net Tangible Assets (NTA) per share as of February 21, 2025. The pre-tax NTA is estimated at 1.1847 dollars per share, while the post-tax NTA is 1.1575 dollars per share, with a closing share price of 1.040 dollars. This announcement provides stakeholders with insights into the company’s financial standing, potentially impacting investor decisions and market perception.
Morphic Ethical Equities Fund Ltd. has reported a change in its substantial holding as managed by Ellerston Capital Limited. The voting power associated with this holding has increased from 6.12% to 7.12%, indicating an increase in the number of votes from 2,174,130 to 2,528,403. This change reflects the strategic adjustments in investment management and could impact the fund’s strategic decisions and influence within the market. The increase in voting power may affect stakeholders’ interests and the fund’s position in its industry.
Morphic Ethical Equities Fund Limited announced a daily update on its buy-back activities. As of February 24, 2025, the company has repurchased a total of 1,539,970 ordinary fully paid securities, including 128,736 bought back on the previous day. This on-market buy-back reflects the company’s ongoing strategy to optimize its capital structure and potentially enhance shareholder value.
Morphic Ethical Equities Fund Ltd. has announced the estimated unaudited Net Tangible Assets (NTA) per share as of mid-February 2025, with pre-tax NTA at 1.2101 dollars and post-tax NTA at 1.1753 dollars. The closing share price was reported at 1.060 dollars, potentially impacting investor perceptions and decisions regarding the fund’s value and market positioning.
Morphic Ethical Equities Fund Limited has announced an update on its ongoing buy-back program, with a recent acquisition of 51,000 ordinary fully paid securities. This buy-back is part of the company’s broader strategy to optimize its capital structure and enhance shareholder value, potentially impacting its market positioning by demonstrating confidence in its financial health.
Morphic Ethical Equities Fund Limited announced an update on its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 1,335,142 securities, with 2,000 bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and could potentially enhance shareholder value.
Morphic Ethical Equities Fund Ltd. has announced a daily update on its ongoing buy-back program, revealing a cumulative total of 1,333,142 ordinary fully paid securities repurchased as of February 18, 2025. This buy-back initiative reflects the company’s effort to manage its capital structure actively and potentially enhance shareholder value.
Morphic Ethical Equities Fund Ltd. reported a significant increase in its financial performance for the half-year ending December 31, 2024, with net investment income rising by 379%, and profits before and after tax increasing by 267% and 254%, respectively. Despite this growth, the company did not declare a dividend and maintained stable control over entities, with no interests in associates or joint ventures.
Morphic Ethical Equities Fund Ltd. has announced a daily update regarding its ongoing buy-back program, where it purchased 10,000 ordinary fully paid securities on the previous day, contributing to a total of 1,319,892 securities bought back to date. This buy-back program is part of the company’s efforts to manage its capital structure effectively, potentially impacting its market positioning and providing value to its shareholders.
Morphic Ethical Equities Fund Ltd. announced its estimated unaudited Net Tangible Assets (NTA) per share as of February 7, 2025. The pre-tax NTA is estimated at 1.2126 dollars per share, while the post-tax NTA stands at 1.1770 dollars per share. The closing share price on this date was 1.060 dollars per share. This announcement provides stakeholders with important financial metrics, illustrating the company’s current market standing and potentially influencing investor perceptions and decisions.
Morphic Ethical Equities Fund Ltd. has announced an update regarding its ongoing buy-back program for its ordinary fully paid securities, with a total of 1,303,601 securities bought back before the previous day and an additional 16,291 securities bought back on the previous day. This buy-back initiative reflects the company’s continued efforts to manage its equity and potentially enhance shareholder value, signaling a strategic approach to maintaining its market position and addressing investor interests.
Morphic Ethical Equities Fund Ltd. has announced an update regarding its ongoing buy-back program. The company reported the purchase of 18,001 securities on the previous day, contributing to a total of 1,285,600 securities bought back under the program. This buy-back initiative reflects the company’s strategy to enhance shareholder value and indicates a positive signal to the market about its financial health.
Morphic Ethical Equities Fund Limited announced an update on their ongoing share buy-back program, reflecting their strategy to enhance shareholder value. The company bought back a total of 99,903 ordinary fully paid shares on the previous day, contributing to a cumulative buy-back of 1,185,697 shares. This buy-back initiative underscores the company’s commitment to optimizing capital management and potentially improving stock performance, thereby benefiting stakeholders.
Morphic Ethical Equities Fund Ltd. announced the estimated unaudited Net Tangible Assets (NTA) per share as of January 31, 2025. The pre-tax NTA is estimated at 1.2074 per share, while the post-tax NTA is 1.1734 per share, with the share price closing at 1.065. This announcement provides stakeholders with an updated financial position of the company, which may affect market perceptions and investor decisions.
Morphic Ethical Equities Fund Ltd. has reported a change in its substantial holding in the company, with the voting power increasing from 5.87% to 6.12%. The change is managed under the discretionary investment management of Ellerston Capital Limited, though Ellerston Capital and its associates do not hold a direct interest in the shares. This increase in voting power indicates a strategic shift in the company’s holdings, potentially impacting its influence and decision-making within the market.
Morphic Ethical Equities Fund Ltd. has announced an update on its ongoing on-market buy-back program, having repurchased 88,330 ordinary fully paid securities on the previous day. This buy-back initiative reflects the company’s strategy to optimize capital structure and potentially increase shareholder value, indicating a proactive approach to financial management and market positioning.
Future Generation Global Limited has increased its voting power in Morphic Ethical Equities Fund Limited, an investment entity focused on ethical equities, from 11.68% to 12.76% as of February 3, 2025. This change was due to an on-market share buy-back, potentially impacting the company’s market influence and stakeholder interests.