MaxiPARTS Limited (MXI) AI Stock Analysis

• Market Cap: AU$127.52M
• Dividend Yield: 2.44%
• Average Volume (3M): 13.31K
• Price to Earnings (P/E): 20.9
• Beta (1Y): -0.10
• Revenue Growth: 25.55%
• EPS Growth: 135.68%
• Country: AU
• Employees: 786
• Sector: Industrials
• Sector Strength: 93
• Industry: Agricultural - Machinery
• EPS (TTM): 0.08
• Shares Outstanding: 55,444,830
• 10 Day Avg. Volume: 11,079
• 30 Day Avg. Volume: 13,308
• PEG Ratio: 0.13
• Price to Book (P/B): 1.09
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.35
• 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: AU$2.50
• Price Target Upside: 8.70% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 68 Neutral
• Price Target: AU$2.50 ▲(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 Business Overview & Revenue Model

Company Description

MaxiPARTS 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 Money

MaxiPARTS Limited generates revenue primarily through the sale of truck and trailer parts across its extensive network of retail outlets and distribution centers. The company's key revenue streams include direct sales to end-users in the transport industry and partnerships with manufacturers and suppliers of automotive components. By maintaining strategic relationships with these partners, MaxiPARTS secures competitive pricing and a steady supply of products. Additionally, the company's focus on customer service and technical support enhances its value proposition, encouraging repeat business and loyalty among its clients. The integration of an efficient logistics system further supports cost-effective distribution, contributing to the company's overall profitability.

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

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

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

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.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	243.88M	201.68M	152.77M	114.59M	317.60M
Gross Profit	79.03M	22.32M	43.88M	14.24M	117.55M
EBITDA	20.22M	18.14M	12.22M	14.54M	-36.92M
Net Income	2.77M	5.94M	-4.93M	4.58M	-35.49M
Balance Sheet
Total Assets	212.27M	173.26M	145.63M	241.15M	221.54M
Cash, Cash Equivalents and Short-Term Investments	13.63M	13.95M	11.85M	22.44M	25.52M
Total Debt	68.16M	49.75M	34.47M	34.89M	84.70M
Total Liabilities	110.29M	88.37M	66.07M	158.65M	143.46M
Stockholders Equity	100.08M	83.42M	79.56M	82.50M	78.08M
Cash Flow
Free Cash Flow	9.24M	13.47M	-12.17M	27.26M	28.28M
Operating Cash Flow	10.64M	15.07M	-11.35M	34.45M	33.63M
Investing Cash Flow	-32.39M	-10.55M	10.89M	-7.19M	-5.29M
Financing Cash Flow	21.43M	-2.42M	-10.13M	-30.34M	-14.74M

MaxiPARTS Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MXI, the sentiment is Neutral. The current price of 2.3 is below the 20-day moving average (MA) of 2.31, above the 50-day MA of 2.27, and above the 200-day MA of 1.99, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.25 is Neutral, neither overbought nor oversold. The STOCH value of 62.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:MXI.

MaxiPARTS Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KOV	80 Outperform	AU$137.58M	14.56	23.03%	5.42%	16.21%	18.21%
CLX	72 Outperform	AU$154.65M	9.69	12.68%	5.63%	6.34%	8.63%
Sector *	71 Outperform	¥269.20B	13.89	8.47%	2.88%	6.35%	13.11%
MXI	68 Neutral	AU$127.52M	20.85	6.97%	2.44%	25.55%	135.68%
SGI	64 Neutral	AU$88.08M	30.36	12.38%	1.24%	11.82%	113.33%
SLH	60 Neutral	AU$173.29M	22.84	-1.11%	1.98%	11.01%	-106.43%
CYG	53 Neutral	AU$91.85M	148.08	0.29%	4.87%	1.00%	-16.13%

MaxiPARTS Limited Corporate Events

MaxiPARTS Limited Strengthens Market Position with Strategic Developments

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

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

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.