Mustera Property Group Ltd. (MPX) AI Stock Analysis

• Market Cap: AU$20.47M
• Dividend Yield: N/A
• Average Volume (3M): 2.42K
• Price to Earnings (P/E): 3.3
• Beta (1Y): -0.14
• Revenue Growth: -81.98%
• EPS Growth: -131.34%
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): >-0.01
• Shares Outstanding: 146,235,140
• 10 Day Avg. Volume: 3,041
• 30 Day Avg. Volume: 2,416
• PEG Ratio: 0.10
• Price to Book (P/B): 1.81
• Price to Sales (P/S): 2.66
• P/FCF Ratio: 4.83
• 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: Moderate Sell
• Number of Analyst Covering: 0

• Rating: 38 Underperform
• Price Target: AU$0.00 ▼(-100.00% Downside)

Mustera Property Group Ltd. is facing significant financial and technical challenges. The company's financial performance is weak, with declining revenues and profitability, and liquidity issues. Technically, the stock is in a bearish trend and appears oversold. The valuation is unattractive due to a negative P/E ratio and lack of dividend yield. These factors contribute to a low overall stock score.

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 multiple streams. The primary revenue model is based on property sales, where the company develops residential and commercial properties and sells them to end-users or investors. Additionally, MPX earns income through leasing commercial spaces to businesses, providing a steady cash flow. The company may also engage in joint ventures or partnerships with other developers or investors, sharing profits from collaborative projects. Furthermore, MPX could potentially benefit from property management services offered to property owners, further diversifying its income sources. Economic trends and local real estate market conditions are significant factors influencing its earnings, along with strategic partnerships that enhance project funding and execution.

Mustera Property Group Ltd. Financial Statement Overview

Summary

Mustera Property Group Ltd. shows strong revenue growth and profitability with a net profit margin of 12.62%. However, high leverage and fluctuations in EBIT and EBITDA margins pose risks, which slightly offset the robust cash flow performance.

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	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.38M	12.39M	68.76M	2.25M	3.73M	5.35M
Gross Profit	7.38M	12.39M	14.35M	476.00K	644.66K	284.61K
EBITDA	715.08K	153.25K	13.85M	-2.04M	-182.94K	-1.30M
Net Income	-731.91K	-2.60M	8.31M	-5.75M	-2.23M	-2.41M
Balance Sheet
Total Assets	44.18M	44.18M	58.60M	81.25M	53.64M	42.03M
Cash, Cash Equivalents and Short-Term Investments	686.67K	686.67K	6.73M	1.09M	894.67K	421.45K
Total Debt	10.78M	10.78M	30.55M	58.05M	31.04M	21.58M
Total Liabilities	26.02M	26.02M	37.84M	68.19M	35.95M	28.51M
Stockholders Equity	18.16M	18.16M	20.76M	13.06M	17.70M	13.34M
Cash Flow
Free Cash Flow	4.49M	6.82M	33.48M	-25.18M	-13.47M	956.73K
Operating Cash Flow	4.49M	6.82M	33.85M	-25.18M	-13.47M	1.16M
Investing Cash Flow	-5.72K	-10.24K	-507.63K	-550.16K	-2.14M	-2.35M
Financing Cash Flow	1.03M	-12.85M	-27.69M	25.92M	16.08M	1.32M

Mustera Property Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 0.14 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.19, and below the 200-day MA of 0.22, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 8.77 is Positive, neither overbought nor oversold. The STOCH value of <0.01 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 *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
HGL	51 Neutral	―	―	―	―	4.40%	28.57%
DGH	50 Neutral	AU$39.27M	11.84	4.87%	―	3.56%	101.74%
TIA	44 Neutral	AU$22.09M	1.30	―	―	19660.25%	204.50%
MPX	38 Underperform	AU$20.47M	3.34	-13.36%	―	-81.98%	-131.34%
LHM	33 Underperform	―	―	―	―	―	―

Mustera Property Group Ltd. Corporate Events

Mustera Property Group Advances Key Projects and Optimizes Financials

Mustera Property Group Ltd reported progress in its McCabe Street project in North Fremantle, with design development and marketing materials nearing completion for a sales launch in Q3 2025. The company settled two residential units for $4.6 million in its Forbes Residences project, enhancing cash flow, and continues to market remaining units. Financially, Mustera spent approximately $976K on operating costs and refinanced debt to reduce financing costs, indicating a strategic focus on financial efficiency.

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.