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MaxiPARTS Limited (AU:MXI)
ASX:MXI
Australian Market

MaxiPARTS Limited (MXI) AI Stock Analysis

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AU

MaxiPARTS Limited

(Sydney:MXI)

Rating:68Neutral
Price Target:
AU$2.50
â–²(8.70%Upside)
MaxiPARTS Limited shows strong technical momentum, which is the most significant factor driving the score. Financial performance indicates solid revenue growth but highlights concerns regarding net profitability and cash flow management, which weigh on the score. Valuation concerns are balanced by a reasonable dividend yield. The absence of recent earnings call data and corporate events has no impact on this evaluation.

MaxiPARTS Limited (MXI) vs. iShares MSCI Australia ETF (EWA)

MaxiPARTS Limited Business Overview & Revenue Model

Company DescriptionMaxiPARTS Limited, together with its subsidiaries, distributes and sells commercial truck and trailer parts in Australia. It sells, wholesales, and trades in commercial vehicle parts to road transport operators, as well as commercial vehicle service and repair providers under the MaxiPARTS brand. The company offers lights, tools, oil and filters, axles, suspensions, and brakes; and approximately 10,000 truck and trailer parts online. As of June 30, 2022, it operated 28 sites. The company was formerly known as MaxiTRANS Industries Limited and changed its name to MaxiPARTS Limited in September 2021. MaxiPARTS Limited was founded in 1946 and is headquartered in Truganina, Australia.
How the Company Makes MoneyMaxiPARTS Limited generates revenue primarily through the sale of truck and trailer parts and accessories. The company's key revenue streams include direct sales to customers through its extensive network of retail outlets and an online platform, catering to both individual and commercial clients. Additionally, MaxiPARTS partners with manufacturers and suppliers to source a wide array of products, ensuring competitive pricing and quality offerings. The company also benefits from its service agreements and relationships with transport operators and fleet owners, contributing to a steady stream of repeat business and long-term contracts.

MaxiPARTS Limited Financial Statement Overview

Summary
MaxiPARTS Limited demonstrates strong revenue growth and operational efficiency, evidenced by robust revenue growth and healthy margins. However, net profitability and free cash flow generation need attention to enhance financial stability. The balance sheet shows a balanced capital structure but could improve in terms of equity returns. The company should focus on improving net income and optimizing cash flow management to sustain growth.
Income Statement
72
Positive
MaxiPARTS Limited has shown a solid increase in total revenue over the past year, with a revenue growth rate of 20.93%. The gross profit margin stands at 32.41%, indicating a strong ability to cover costs of goods sold. However, the net profit margin is relatively low at 1.13%, suggesting challenges in translating revenue to net income. The EBIT margin of 14.70% and EBITDA margin of 6.41% are indicative of good operational efficiency but highlight a need to improve net profitability.
Balance Sheet
65
Positive
The company's debt-to-equity ratio is 0.68, reflecting a moderate leverage level, which is manageable. The return on equity (ROE) is 2.76%, indicating modest returns on shareholders' equity. With an equity ratio of 47.15%, the company has a stable capital structure, although there is room for improvement in maximizing shareholder returns.
Cash Flow
58
Neutral
MaxiPARTS Limited's free cash flow decreased by 31.39% year-on-year, which is concerning. The operating cash flow to net income ratio is 3.85, showing strong cash generation ability compared to net income, yet the free cash flow to net income ratio is 3.34, suggesting potential inefficiencies in capital management. Overall, the cash flow position is stable but could benefit from better capital allocation strategies.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue269.06M243.88M201.68M152.77M114.59M317.60M
Gross Profit59.65M79.03M22.32M43.88M14.24M117.55M
EBITDA18.37M20.22M18.14M12.22M14.54M-36.92M
Net Income6.09M2.77M5.94M-4.93M4.58M-35.49M
Balance Sheet
Total Assets208.11M212.27M173.26M145.63M241.15M221.54M
Cash, Cash Equivalents and Short-Term Investments14.60M13.63M13.95M11.85M22.44M25.52M
Total Debt62.60M68.16M49.75M34.47M34.89M84.70M
Total Liabilities104.52M110.29M88.37M66.07M158.65M143.46M
Stockholders Equity102.80M100.08M83.42M79.56M82.50M78.08M
Cash Flow
Free Cash Flow15.20M9.24M13.47M-12.17M27.26M28.28M
Operating Cash Flow16.24M10.64M15.07M-11.35M34.45M33.63M
Investing Cash Flow1.32M-32.39M-10.55M10.89M-7.19M-5.29M
Financing Cash Flow-14.99M21.43M-2.42M-10.13M-30.34M-14.74M

MaxiPARTS Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.30
Price Trends
50DMA
2.20
Positive
100DMA
2.08
Positive
200DMA
1.95
Positive
Market Momentum
MACD
0.02
Positive
RSI
55.50
Neutral
STOCH
88.81
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MXI, the sentiment is Positive. The current price of 2.3 is above the 20-day moving average (MA) of 2.30, above the 50-day MA of 2.20, and above the 200-day MA of 1.95, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 55.50 is Neutral, neither overbought nor oversold. The STOCH value of 88.81 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MXI.

MaxiPARTS Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUKOV
74
Outperform
AU$131.00M13.8618.13%4.49%-3.71%-24.65%
AUCLX
72
Outperform
AU$144.98M9.1112.68%5.55%6.34%8.63%
AUMXI
68
Neutral
AU$127.52M20.856.97%2.65%25.55%135.68%
AUSGI
68
Neutral
AU$103.63M35.7112.38%1.05%11.82%113.33%
65
Neutral
$10.81B15.655.50%1.89%3.10%-27.09%
AUCYG
63
Neutral
AU$99.61M160.580.29%4.49%1.00%-16.13%
AUSLH
60
Neutral
AU$172.88M22.84-1.11%1.34%11.01%-106.43%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MXI
MaxiPARTS Limited
2.30
0.34
17.35%
AU:CYG
Coventry Group Limited
0.84
-0.47
-35.88%
AU:KOV
Korvest Ltd.
11.14
2.55
29.69%
AU:CLX
CTI Logistics Limited
1.80
0.52
40.63%
AU:SGI
Stealth Global Holdings Ltd.
0.80
0.59
280.95%
AU:SLH
Silk Logistics Holdings Ltd.
2.12
0.87
69.60%

MaxiPARTS Limited Corporate Events

MaxiPARTS Limited Strengthens Market Position with Strategic Developments
Jun 30, 2025

MaxiPARTS Limited has announced several strategic developments, including an extension of its debt facility with the Commonwealth Bank of Australia to support its growth initiatives. The company has also extended its exclusive distribution agreement for FÖRCH products in Australia and plans to acquire the remaining 20% of Förch Australia Pty Ltd. Additionally, MaxiPARTS is expanding its presence in Western Australia with a new retail site in Kalgoorlie, enhancing service to the Goldfields region. These moves are expected to bolster MaxiPARTS’ market position and drive growth in the coming years.

The most recent analyst rating on (AU:MXI) stock is a Buy with a A$2.60 price target. To see the full list of analyst forecasts on MaxiPARTS Limited stock, see the AU:MXI Stock Forecast page.

MaxiPARTS Announces Director Departure
Jun 11, 2025

MaxiPARTS Limited has announced the cessation of Brendan York as a director, effective June 11, 2025. This update, provided under ASX listing rule 3.19A.3, indicates that Brendan York holds no relevant interests in securities as a registered holder or otherwise, and has no interests in contracts, marking a clean exit from his directorial position.

The most recent analyst rating on (AU:MXI) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on MaxiPARTS Limited stock, see the AU:MXI Stock Forecast page.

MaxiPARTS Announces Director Resignation
May 6, 2025

MaxiPARTS Limited has announced the resignation of Brendan York as a Non-Executive Director, effective June 11, 2025. York, representing a significant shareholder, Naos Asset Management Ltd, is stepping down, and the company has expressed gratitude for his contributions, potentially impacting its governance dynamics.

MaxiPARTS Limited Announces Change in Substantial Shareholder Interests
Apr 23, 2025

MaxiPARTS Limited has announced a change in the interests of a substantial holder, NAOS Asset Management Limited, in the company’s shares. The voting power of NAOS Asset Management has increased from 19.90% to 21.76%, indicating a significant shift in shareholder dynamics. This change may impact the company’s strategic decisions and influence its market positioning.

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.Date of analysis: Jun 05, 2025