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MLG Oz Ltd
(Sydney:MLG)
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Rating:62Neutral
Price Target:
AU$0.80
▲(6.00% Upside)
Action:Downgraded
Date:12/02/25
MLG Oz Ltd's strong financial performance, characterized by consistent revenue growth and robust cash flow, is the primary driver of its stock score. However, the bearish technical indicators and lack of dividend yield moderate the overall attractiveness of the stock.
Positive Factors
Consistent revenue growth
MLG shows recurring top-line growth (8.26% fundamental metric and a 5.8% increase in the latest year). Sustained revenue expansion indicates durable contract demand in mining services and supports investment capacity, scale benefits, and longer-term client relationships.
Negative Factors
Modest margins and margin pressure
Declining gross margin and only modest net margins indicate cost or pricing pressure in core operations. Persistently thin margins limit reinvestment, reduce buffer against cycle downturns, and make long-term profitably growth more dependent on efficiency gains or better contract mix.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent revenue growth
MLG shows recurring top-line growth (8.26% fundamental metric and a 5.8% increase in the latest year). Sustained revenue expansion indicates durable contract demand in mining services and supports investment capacity, scale benefits, and longer-term client relationships.
Read all positive factors
MLG Oz Ltd (MLG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$124.26M
Dividend Yield1.66%
Average Volume (3M)348.55K
Price to Earnings (P/E)7.7
Beta (1Y)1.10
Revenue Growth8.26%
EPS Growth86.06%
CountryAU
Employees947
SectorBasic Materials
Sector Strength58
IndustryIndustrial - Specialties
Share Statistics
EPS (TTM)0.10
Shares Outstanding160,337,160
10 Day Avg. Volume532,103
30 Day Avg. Volume348,549
Financial Highlights & Ratios
PEG Ratio0.93
Price to Book (P/B)0.89
Price to Sales (P/S)0.24
P/FCF Ratio3.81
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.20Price Target Upside60.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.13
Revenue Forecast (FY)AU$613.02M
MLG Oz Ltd Business Overview & Revenue Model
Company Description
Operating across Western Australia and the Northern Territory, MLG Oz Limited is a key provider of comprehensive services to mine sites. The company delivers a wide array of mine site and bulk haulage solutions, covering crusher feed, road and veh...
How the Company Makes Money
MLG primarily makes money by contracting with mining customers to deliver integrated services across materials handling, haulage, and mine-site support. Key revenue streams generally include (i) contract income for hauling and logistics of ore and...
MLG Oz Ltd Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
65
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 560.03M | 548.30M | 474.85M | 375.21M | 286.84M | 254.02M |
| Gross Profit | 203.81M | 186.72M | 148.54M | 132.66M | 285.82M | 250.75M |
| EBITDA | 68.67M | 62.18M | 51.95M | 28.07M | 30.04M | 40.24M |
| Net Income | 15.12M | 12.13M | 10.96M | 809.66K | 4.81M | 12.46M |
Balance Sheet | ||||||
| Total Assets | 330.10M | 319.26M | 293.41M | 246.15M | 254.64M | 222.89M |
| Cash, Cash Equivalents and Short-Term Investments | 9.73M | 9.24M | 5.86M | 143.73K | 209.79K | 9.69M |
| Total Debt | 88.27M | 75.64M | 67.74M | 60.89M | 68.53M | 51.27M |
| Total Liabilities | 176.69M | 174.09M | 162.58M | 128.04M | 138.30M | 108.66M |
| Stockholders Equity | 153.41M | 145.18M | 130.83M | 118.12M | 116.34M | 114.22M |
Cash Flow | ||||||
| Free Cash Flow | 46.22M | 33.90M | 37.80M | 14.44M | 21.56M | 23.96M |
| Operating Cash Flow | 66.61M | 57.84M | 57.60M | 32.71M | 33.67M | 36.89M |
| Investing Cash Flow | -19.45M | -23.09M | -18.73M | 354.53K | -10.95M | -12.78M |
| Financing Cash Flow | -29.90M | -31.38M | -27.26M | -38.55M | -32.66M | -4.73M |
MLG Oz Ltd Technical Analysis
Positive
0.75
Price Trends
0.73
Positive
0.74
Positive
0.83
Negative
Market Momentum
0.02
Negative
61.96
Neutral
89.74
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MLG, the sentiment is Positive. The current price of 0.75 is above the 20-day moving average (MA) of 0.73, above the 50-day MA of 0.73, and below the 200-day MA of 0.83, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 61.96 is Neutral, neither overbought nor oversold. The STOCH value of 89.74 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MLG.
MLG Oz Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | AU$124.26M | 7.74 | 10.13% | ― | 8.26% | 86.06% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | AU$198.41M | -3,575.00 | -0.02% | ― | ― | 99.44% | |
47 Neutral | AU$120.74M | -21.13 | -14.80% | ― | ― | -229.41% | |
43 Neutral | AU$87.10M | -57.81 | -11.52% | ― | ― | 35.64% | |
42 Neutral | AU$111.97M | -108.00 | -13.42% | ― | -100.00% | -275.00% | |
42 Neutral | AU$125.90M | 240.00 | -3.98% | ― | -95.47% | -400.00% |
* Basic Materials Sector Average
AU:MLG
MLG Oz Ltd
0.78
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-1.90%
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MLG Oz Ltd Corporate Events
MLG Oz in joint venture to deliver mining and civil services on Marlinyu Ghoorlie country
Aug 2, 2026
MLG Oz has formed an incorporated joint venture with Marlinyu Ghoorlie Enterprises to deliver mining and civil services on Marlinyu Ghoorlie country in Western Australia. The new entity, owned equally and governed by a joint board with MLG as mana...
MLG Oz Sets Date for Interactive End-of-Year Results Webinar
Jul 29, 2026
MLG Oz Ltd has scheduled an end-of-year financial results briefing webinar for shareholders, investors and media on 20 August 2026, with its chief executive and chief financial officer presenting the update. The digital event, which will allow par...
MLG Oz Strikes Joint Venture to Launch Hybrid-Electric Road Trains for Mining
Jul 13, 2026
MLG Oz has entered a 50/50 joint venture with long-term partner Mick Murray Welding to develop and commercialise a proprietary hybrid and battery-electric road train power-trailer system for Australian mining haulage. The technology, built around ...
MLG Oz Performance Rights Lapse Trims Potential Future Equity Dilution
Jul 13, 2026
MLG Oz has disclosed the lapse of 227,453 performance rights, which have ceased because the conditions attached to those rights were not met or have become incapable of being satisfied. The notification indicates a change in the company’s is...
MLG Oz Founder Boosts Indirect Shareholding via Performance Rights Exercise
Jul 2, 2026
MLG Oz Ltd has disclosed a change in the interests of managing director Murray Leahy, reflecting an internal restructuring of his equity position rather than an external market transaction. The update, lodged with the ASX, details movements betwee...
MLG OZ Seeks ASX Quotation for 5.4 Million New Shares
Jul 1, 2026
MLG OZ Limited has applied to the ASX for quotation of 5,401,968 new fully paid ordinary shares, effective 1 July 2026. The securities arise from the exercise or conversion of existing options or other convertible instruments, modestly expanding t...
MLG Oz wins A$70m integrated mining contract at Pioneer Dome lithium project
Jun 29, 2026
MLG Oz Limited has secured a fully integrated open pit mining and crushing contract with Develop Global at the Cade Pit, part of the Pioneer Dome Lithium Project in Western Australia’s Eastern Goldfields. The 12‑month campaign, due to ...
MLG Oz Wins A$70m Mining Contract at Pioneer Dome Lithium Project
Jun 29, 2026
Develop Global has awarded a A$70 million open pit mining and crushing contract at its Pioneer Dome lithium project in Western Australia to MLG Oz, following a competitive tender that emphasised execution capability and regional experience. The 12...
MLG Oz secures five-year Newmont Tanami services extension worth $200m
May 3, 2026
MLG Oz has secured renewed commercial terms with Newmont to continue and expand integrated site services at the Tanami Operations in the Northern Territory, reinforcing its position as a key provider to the Granites gold mine. The contract, which ...
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.