Magontec Limited (AU:MGL)
ASX:MGL
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Magontec Limited
(Sydney:MGL)
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Rating:44Neutral
Price Target:
AU$0.19
▼(-15.65% Downside)
Action:ReiteratedDate:04/22/26
The score is held down primarily by weak financial performance, driven by ongoing losses, a sharp collapse in gross profit in 2025, and worsening negative operating/free cash flow. Technicals add modest support from the price holding above key moving averages, but negative MACD and oversold momentum keep the setup fragile. Valuation is not a clear positive because the company is loss-making (negative P/E) and no dividend yield is provided.
Positive Factors
Balance-sheet flexibility
Historically moderate leverage means the company had balance-sheet flexibility through prior cycles. That structural buffer helps absorb volatility in magnesium markets and gives management room to fund working capital or restructure without immediate solvency pressure, supporting continuity over months.
Negative Factors
Persistent unprofitability
Ongoing negative operating and net results represent a structural profitability issue. Without margin restoration or sustained higher pricing, losses erode equity and limit reinvestment capacity, forcing reliance on external capital or cost cuts to achieve long-term viability over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet flexibility
Historically moderate leverage means the company had balance-sheet flexibility through prior cycles. That structural buffer helps absorb volatility in magnesium markets and gives management room to fund working capital or restructure without immediate solvency pressure, supporting continuity over months.
Read all positive factors
Magontec Limited (MGL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$12.46M
Dividend YieldN/A
Average Volume (3M)22.60K
Price to Earnings (P/E)―
Beta (1Y)0.70
Revenue Growth-11.18%
EPS Growth25.19%
CountryAU
Employees339
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding57,934,807
10 Day Avg. Volume32,616
30 Day Avg. Volume22,596
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)0.30
Price to Sales (P/S)0.22
P/FCF Ratio-2.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.04
Revenue Forecast (FY)AU$88.10M
Magontec Limited Business Overview & Revenue Model
Company Description
Magontec Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of generic and specialist alloys in Asia, the Americas, Europe, and internationally. The company manufactures and distributes magnesium a...
How the Company Makes Money
Magontec Limited makes money primarily by selling magnesium alloy products to industrial customers. Its key revenue streams typically include: (1) sales of magnesium alloy ingots (its core product) to die-casting and metal component producers; and...
Magontec Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
58
Neutral
Cash Flow
29
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 64.12M | 57.09M | 102.36M | 158.60M | 115.15M |
| Gross Profit | 1.24M | 9.55M | 9.38M | 38.59M | 19.23M |
| EBITDA | -4.71M | -3.21M | 5.47M | 27.26M | 10.08M |
| Net Income | -5.40M | -9.52M | 466.00K | 16.52M | 5.01M |
Balance Sheet | |||||
| Total Assets | 72.73M | 70.59M | 85.17M | 96.32M | 82.51M |
| Cash, Cash Equivalents and Short-Term Investments | 7.15M | 7.75M | 13.14M | 11.26M | 4.64M |
| Total Debt | 9.02M | 2.26M | 4.42M | 9.55M | 12.02M |
| Total Liabilities | 26.01M | 20.59M | 28.52M | 40.20M | 46.24M |
| Stockholders Equity | 46.72M | 50.00M | 56.65M | 56.13M | 36.27M |
Cash Flow | |||||
| Free Cash Flow | -6.12M | -2.92M | 7.43M | 8.84M | 4.94M |
| Operating Cash Flow | -3.52M | -996.00K | 11.40M | 10.75M | 5.82M |
| Investing Cash Flow | -2.46M | -1.94M | -4.00M | -1.78M | -844.00K |
| Financing Cash Flow | 5.59M | -2.85M | -5.54M | -2.35M | -5.66M |
Magontec Limited Technical Analysis
Negative
0.23
Price Trends
0.22
Negative
0.22
Negative
0.22
Positive
Market Momentum
>-0.01
Negative
46.54
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MGL, the sentiment is Negative. The current price of 0.23 is above the 20-day moving average (MA) of 0.22, above the 50-day MA of 0.22, and above the 200-day MA of 0.22, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.54 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MGL.
Magontec Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
45 Neutral | AU$19.64M | -8.00 | -23.61% | ― | ― | 58.93% | |
44 Neutral | AU$12.46M | -2.58 | -11.39% | ― | -11.18% | 25.19% | |
44 Neutral | AU$10.18M | -0.86 | -330.25% | ― | ― | 43.46% | |
43 Neutral | AU$37.18M | -2.58 | -5.94% | ― | -99.74% | -22.67% | |
42 Neutral | AU$19.72M | -2.74 | -19.15% | ― | ― | 93.90% | |
42 Neutral | AU$8.26M | -1.85 | -21.57% | ― | ― | 65.42% |
* Basic Materials Sector Average
AU:MGL
Magontec Limited
0.22
>-0.01
-2.27%
AU:WIN
Widgie Nickel Limited
0.02
<0.01
9.09%
AU:EVG
BlackEarth Minerals NL
0.03
0.01
70.00%
AU:OLY
CropLogic Ltd.
0.06
0.01
24.44%
AU:VML
Vital Metals Ltd
0.15
0.09
150.00%
AU:CTN
Shree Minerals Limited
0.06
0.02
32.61%
Magontec Limited Corporate Events
Magontec Seeks ASX Quotation for 66,667 New Ordinary Shares
Apr 10, 2026
Magontec Limited has applied to the Australian Securities Exchange for the quotation of 66,667 new ordinary fully paid shares under its existing ticker MGL. The securities, which are scheduled to be issued on 13 April 2026, form part of a previous...
Magontec plans modest share placement to raise new equity
Apr 10, 2026
Magontec Limited has notified the ASX of a proposed issue of up to 66,667 ordinary fully paid shares, to be conducted as a placement or similar type of capital raising. The new securities are expected to be issued on 13 April 2026, signalling a mo...
Magontec Seeks ASX Quotation for 906,313 New Ordinary Shares
Apr 7, 2026
Magontec Limited has applied for the quotation of 906,313 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of 7 April 2026. The additional stock arises from the exercise or conversion of existing options or ...
Magontec Performance Rights Lapse Alters Capital Structure
Apr 7, 2026
Magontec Limited has notified the market of changes to its capital structure following the lapse of 1,274,532 performance rights. These rights, trading under the code MGLAA, have ceased because the conditions attached to them were not met or have ...
Magontec Outlines Proxy Arrangements and Key Votes for 2026 AGM
Apr 2, 2026
Magontec Limited has distributed its proxy form for the 2026 annual general meeting, setting out procedures for shareholders to appoint proxies online, by mail, fax, or in person, and specifying signing requirements for individuals, joint holders,...
Magontec sets in-person 2026 AGM with key governance votes
Apr 2, 2026
Magontec Limited has called its 2026 Annual General Meeting for 12 May in Sydney, confirming the event will be conducted solely in person with no virtual or hybrid option. Shareholders will receive and consider the 2025 financial report, vote on t...
Magontec Sets 12 May Date for 2026 AGM and Opens Proxy Voting
Apr 2, 2026
Magontec Limited has scheduled its 2026 Annual General Meeting for 12 May in Sydney, with meeting materials, including the notice of meeting and personalised proxy forms, being dispatched to shareholders according to their chosen communication met...
Magontec Files Appendix 4G, Confirms Full Compliance With ASX Governance Standards
Feb 24, 2026
Magontec Limited has lodged its annual Appendix 4G with the ASX for the financial year ended 31 December 2025, confirming that its detailed corporate governance statement is available on the company’s website and has been approved by the boa...
Magontec Outlines 2025 Governance Framework and ASX Compliance Position
Feb 24, 2026
Magontec Limited has released its 2025 Corporate Governance Statement, underscoring a strong commitment to high governance standards as a foundation for long-term sustainability and shareholder value. The company highlights its oversight structure...
Magontec lifts gross profit and net assets despite ongoing losses
Feb 24, 2026
Magontec reported a 10.8% rise in full-year 2025 gross profit to $11.9 million, driven largely by stronger performance in its anodes segment and improved gross margin to 18.5%. However, the company remained loss-making at the bottom line, with und...
Magontec Posts 2025 Loss as Revenue Falls and Dividend Remains Suspended
Feb 24, 2026
Magontec Limited has lodged its final audited annual report for the year ended 31 December 2025 with the ASX, showing gross revenue of $64.3 million, down 10.9% from the prior year. The company reported a net loss attributable to members of $5.4 m...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.