Mustera Property Group Ltd. (MPX) AI Stock Analysis

• Market Cap: AU$31.44M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): 3.4
• Beta (1Y): -0.04
• Revenue Growth: 3187.87%
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 65
• Industry: Real Estate - Development
• EPS (TTM): 0.06
• Shares Outstanding: 146,235,140
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: -0.04
• Price to Book (P/B): 2.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.43
• 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: 59 Neutral
• Price Target: ―

Mustera Property Group Ltd. exhibits a strong financial performance with robust revenue growth and cash flow management. However, high leverage on the balance sheet warrants caution. The technical analysis indicates a neutral to bearish short-term trend, with the stock trading below key moving averages. Despite these concerns, the attractive P/E ratio suggests potential value. Overall, the stock presents a moderate investment opportunity, balancing financial strengths against technical weaknesses and leverage risks.

Mustera Property Group Ltd. Business Overview & Revenue Model

Company Description

Mustera Property Group Limited, together with its subsidiaries, operates as a property investment and development company in Australia. The company operates through two segments: Property Investment and Property Development. It provides real estate development platform for residential, commercial, industrial, retail, and mixed-use properties. The company also engages in the fund management activities. Mustera Property Group Limited was incorporated in 2010 and is based in North Fremantle, Australia.

How the Company Makes Money

Mustera Property Group Ltd. generates revenue through a combination of property sales, rental income, and property management services. The company invests in developing residential and commercial properties, which are then sold to generate immediate income or leased to provide ongoing rental revenue. Additionally, Mustera benefits from capital appreciation on its property holdings. The company may also partner with other real estate developers and investors to co-develop or co-manage projects, further diversifying its income streams. These strategic partnerships and investments in prime locations contribute significantly to its earnings.

Mustera Property Group Ltd. Financial Statement Overview

Summary

Mustera Property Group Ltd. demonstrates a solid financial performance with notable revenue growth and improved profitability. While the cash flow is strong, indicating efficient cash management, the high leverage on the balance sheet presents a potential risk if not managed carefully. Overall, the company is on a positive financial trajectory but should address leverage concerns to ensure long-term stability.

Income Statement

The company demonstrates a significant revenue growth trend, particularly in the TTM period with total revenue increasing from 68.76M to 72.67M. The gross profit margin is robust at 26.22%, and the net profit margin is 12.62%, indicating strong profitability. However, there are fluctuations in EBIT and EBITDA margins, with the TTM EBIT margin notably high at 98.10%, suggesting potential volatility or one-off gains.

Balance Sheet

The balance sheet shows moderate stability. The debt-to-equity ratio is high, reflecting significant leverage which could pose risks. However, the equity ratio of 38.03% indicates a reasonable level of equity funding. The return on equity is strong at 48.52%, driven by recent profitability improvements, yet the high leverage remains a concern.

Cash Flow

The cash flow statement highlights a positive trajectory with free cash flow growth and a strong operating cash flow to net income ratio of 5.91 in the TTM period. The free cash flow to net income ratio is also favorable at 5.92, reflecting efficient cash generation relative to net income. This robust cash flow performance supports financial flexibility and investment capacity.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
72.67M	68.76M	2.25M	3.73M	5.35M	2.60M
	Gross Profit
19.06M	14.35M	508.02K	644.66K	284.61K	1.25M
	EBIT
71.30M	13.69M	-1.81M	-277.32K	-1.47M	273.77K
	EBITDA
46.63M	13.85M	-2.04M	-833.57K	-1.30M	-584.11K
	Net Income Common Stockholders
9.17M	8.31M	-5.75M	-2.23M	-2.41M	-1.04M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.12M	6.73M	1.09M	894.67K	421.45K	281.32K
	Total Assets
49.65M	58.60M	81.25M	53.64M	42.03M	43.70M
	Total Debt
10.78M	30.55M	58.05M	31.04M	21.58M	23.89M
	Net Debt
8.66M	23.82M	56.96M	30.15M	21.16M	23.61M
	Total Liabilities
30.76M	37.84M	68.19M	35.95M	28.51M	31.99M
	Stockholders Equity
18.89M	20.76M	13.06M	17.70M	13.34M	11.23M
Cash Flow		Free Cash Flow
54.24M	33.48M	-25.18M	-13.47M	956.73K	1.96M
	Operating Cash Flow
54.11M	33.85M	-25.18M	-13.47M	1.16M	1.97M
	Investing Cash Flow
-162.63K	-507.63K	-550.16K	-2.14M	-2.35M	-255.06K
	Financing Cash Flow
-75.00M	-27.69M	25.92M	16.08M	1.32M	-2.37M

Mustera Property Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.22
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MPX, the sentiment is Negative. The current price of 0.22 is above the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.22, and below the 200-day MA of 0.24, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 0.13 is Positive, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MPX.

Mustera Property Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$2.83B	10.87	0.41%	8.09%	5.96%	-21.24%
MPX	59 Neutral	AU$31.44M	3.42	63.86%	―	3187.87%	―
CNRAF		$7.46B	10.95	7.73%	4.97%	―	―
GPTGF		$6.15B	―	-1.94%	4.66%	―	―
MRVGF		$5.96B	―	-6.29%	2.46%	―	―
CWP	69 Neutral	AU$535.49M	10.12	11.86%	3.08%	32.36%	109.17%
SCP	58 Neutral	AU$14.71M	―		―	―	―

Mustera Property Group Ltd. Corporate Events

Mustera Property Group Promotes Nicholas Zborowski to Managing Director

Mustera Property Group Ltd has announced the promotion of Mr. Nicholas Zborowski to Managing Director, effective May 26, 2025. Mr. Zborowski, who has been with the company since 2014, has a strong track record in property development and funds management, and his promotion is expected to bolster the company’s strategic objectives and shareholder value.

Mustera Property Group Advances Key Projects and Reports Financial Activity

Mustera Property Group Ltd reported progress in its McCabe Street project, with design development underway and a sales launch anticipated in Q3 2025. The company also settled a commercial unit and sold a residential unit at its Forbes Residences project, reflecting continued activity in its property portfolio. Financially, the company spent approximately $847K on operating costs for ongoing developments and incurred $122K in interest and finance costs during the quarter. Four apartments and two commercial units remain unsold at the Forbes Residences, indicating opportunities for future sales.

Rustiyan Oen Doubles Stake in Mustera Property Group

Rustiyan Oen, a substantial holder in Mustera Property Group Ltd., has increased his voting power from 9.9% to 19.8% through an off-market transfer of 14,500,000 fully paid ordinary shares. This change in shareholding could potentially impact the company’s decision-making processes and influence its strategic direction, affecting stakeholders and possibly altering the company’s market positioning.