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Metarock Group Limited (AU:MYE)
ASX:MYE
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Metarock Group Limited (MYE) AI Stock Analysis

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AU:MYE

Metarock Group Limited

(Sydney:MYE)

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Neutral 45 (OpenAI - 4o)
Rating:45Neutral
Price Target:
AU$0.00
▼(-100.00% Downside)
The overall stock score of 45 reflects mixed financial performance with strong revenue growth but weak profitability and cash flow trends. Technical analysis indicates bearish momentum, and the valuation suggests potential overvaluation despite a decent dividend yield. The absence of earnings call and corporate events data limits further insights.

Metarock Group Limited (MYE) vs. iShares MSCI Australia ETF (EWA)

Metarock Group Limited Business Overview & Revenue Model

Company DescriptionMetarock Group Limited provides mining, contracting, training, and related services to the underground long wall mining operations and industrial products and services in coalfields and supporting industries of Queensland and New South Wales, Australia. The company offers various mining services, which include new mine development, mine operation, training, roadway construction, conveyors, longwall relocations, and application of polymeric strata support. It also provides cable hanging bracket; chemicals products, which include geosorb, quick drive cement, road salt, and safemark paint; conveyor consumables; and dewatering products such as snorebox, strainers, and suction strainer. In addition, the company offers droppers and streamers; dusters; mining safety accessories such as cable hanging crook, lifelines, measuring sticks; nuts and pipe hanging brackets; pogos and snapjacks; props and rollers; shouldered pipe and manifolds; and ventilation, visi-clips, and webbing straps. Metarock Group Limited was formerly known as Mastermyne Group Limited and changed its name to Metarock Group Limited in November 2021. The company was founded in 1996 and is headquartered in Mackay, Australia.
How the Company Makes MoneyMetarock Group Limited generates revenue through multiple streams centered around its core mining services. The primary source of income is from contracts with mining companies for the provision of underground mining services, which include mine development, production, and maintenance operations. Contracts can vary in length and scope, providing a steady income based on project milestones and completion. Additionally, Metarock earns revenue by leasing specialized mining equipment to clients who require temporary resources to support their operations. The company's earnings are further supported by strategic partnerships and long-term agreements with key players in the mining industry, ensuring a reliable demand for its services. These partnerships often involve collaborative projects that enhance Metarock's capabilities and market presence, contributing to sustained business growth.

Metarock Group Limited Financial Statement Overview

Summary
Metarock Group Limited shows a mixed financial performance. Revenue growth is strong at 19.74%, but profitability metrics like gross profit margin (6.35%) and net profit margin (0.80%) are under pressure. The balance sheet is stable with low leverage, but cash flow trends are concerning with a significant decline in free cash flow growth of -65.23%.
Income Statement
45
Neutral
The income statement shows a mixed performance. The company experienced a significant revenue growth rate of 19.74% in the most recent year, indicating positive momentum. However, the gross profit margin and net profit margin are relatively low at 6.35% and 0.80%, respectively, suggesting challenges in cost management and profitability. The EBIT and EBITDA margins are also modest, reflecting operational inefficiencies.
Balance Sheet
55
Neutral
The balance sheet indicates a stable financial position with a low debt-to-equity ratio of 0.07, which suggests conservative leverage. However, the return on equity is low at 2.32%, indicating limited profitability relative to shareholder equity. The equity ratio is not provided, but the overall stability is supported by a solid stockholders' equity base.
Cash Flow
40
Negative
Cash flow analysis reveals a concerning trend with a significant decline in free cash flow growth of -65.23%. The operating cash flow to net income ratio is 0.57, indicating moderate cash generation relative to net income. The free cash flow to net income ratio is relatively strong at 0.77, but the overall cash flow performance is weakened by the negative growth trend.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue214.03M213.82M294.39M514.21M452.70M233.07M
Gross Profit99.42M13.58M234.95M1.47M11.00K17.85M
EBITDA12.41M11.73M31.38M-38.70M17.31M22.30M
Net Income1.72M1.71M39.64M-74.01M-12.56M5.86M
Balance Sheet
Total Assets107.48M107.48M117.95M226.96M299.15M133.83M
Cash, Cash Equivalents and Short-Term Investments30.42M30.42M26.04M12.90M5.23M24.39M
Total Debt5.14M5.14M7.22M71.93M101.34M12.56M
Total Liabilities33.50M33.50M44.37M194.20M215.97M58.65M
Stockholders Equity73.97M73.97M73.58M32.76M83.19M75.18M
Cash Flow
Free Cash Flow13.07M13.07M12.78M-30.14M-21.38M10.29M
Operating Cash Flow16.91M16.91M17.00M-383.00K20.44M18.29M
Investing Cash Flow-3.40M-3.40M67.51M-9.57M-54.24M-8.29M
Financing Cash Flow-9.12M-9.12M-71.38M17.62M14.64M-10.97M

Metarock Group Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.14
Price Trends
50DMA
0.15
Negative
100DMA
0.16
Negative
200DMA
0.16
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
50.89
Neutral
STOCH
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MYE, the sentiment is Neutral. The current price of 0.14 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.15, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.89 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:MYE.

Metarock Group 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
54
Neutral
52.86M-1.600.00%15.15%-12.53%-227.47%
45
Neutral
€44.75M31.522.29%3.45%-27.31%-93.93%
39
Underperform
32.37M-2.010.00%26.84%-6.43%
38
Underperform
8.08M-0.070.00%-4.19%84.70%
38
Underperform
3.07M-25.000.00%0.00%0.00%
16
Underperform
4.90M-0.100.00%0.00%-487.06%
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MYE
Metarock Group Limited
0.15
-0.04
-20.77%
AU:AQC
Australian Pacific Coal
0.01
-0.17
-94.44%
CKALF
Cokal
0.06
0.00
0.00%
AU:BCB
Bowen Coking Coal Ltd
0.08
-1.12
-93.33%
AU:TER
TerraCom Limited
0.07
-0.10
-58.82%
AU:NCR
NuCoal Resources Limited
0.01
0.00
0.00%

Metarock Group Limited Corporate Events

Mastermyne Secures Contract Extension with Anglo American
Aug 28, 2025

Mastermyne Group Limited has received a Letter of Intent from Anglo American Steelmaking Coal to extend its contracts for three underground operations until April 2026, valued at approximately $31 million. This extension strengthens Mastermyne’s long-term relationship with Anglo American and underscores its strategic positioning in the mining services sector.

The most recent analyst rating on (AU:MYE) stock is a Buy with a A$0.36 price target. To see the full list of analyst forecasts on Metarock Group Limited stock, see the AU:MYE Stock Forecast page.

Mastermyne Group Limited FY25 Financial Results: Revenue Decline Amidst Growth in Order Book
Aug 26, 2025

Mastermyne Group Limited, formerly known as Metarock Group Limited, reported its full-year financial results for FY25. The company experienced a decline in revenue to $214 million, down from $294 million in FY24, attributed to external events. Despite this, the company maintained consistent cash flow and strengthened its capital position. The order book increased to $314 million, supported by two new significant project awards, indicating potential future growth and stability.

The most recent analyst rating on (AU:MYE) stock is a Buy with a A$0.36 price target. To see the full list of analyst forecasts on Metarock Group Limited stock, see the AU:MYE Stock Forecast page.

Mastermyne Group Faces Challenging FY2025 Amid External Pressures
Aug 26, 2025

Mastermyne Group Limited reported a challenging FY2025 with a 27% decline in revenue to $214 million and a significant drop in underlying NPAT from $19.6 million to $3.2 million, primarily due to external events such as ignition incidents at key mines and a subdued market with lower coal prices. Despite these setbacks, the company strengthened its balance sheet with a 33% increase in net cash to $29.1 million and expanded its order book to $314 million with new projects, positioning itself for future growth through disciplined capital management and system improvements.

The most recent analyst rating on (AU:MYE) stock is a Buy with a A$0.36 price target. To see the full list of analyst forecasts on Metarock Group Limited stock, see the AU:MYE Stock Forecast page.

Mastermyne Group Limited Releases 2025 Annual Report
Aug 26, 2025

Mastermyne Group Limited has released its 2025 Annual Report, highlighting its operational achievements and financial performance. The company continues to focus on being a valued partner for clients, a rewarding workplace, and a long-term investment opportunity. The report underscores the company’s commitment to safety, its people, and maintaining its market-leading position in the underground mining sector.

The most recent analyst rating on (AU:MYE) stock is a Buy with a A$0.36 price target. To see the full list of analyst forecasts on Metarock Group Limited stock, see the AU:MYE Stock Forecast page.

Metarock Group Limited Affirms Commitment to Corporate Governance Standards
Aug 26, 2025

Metarock Group Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement confirms that the company has adhered to the ASX Corporate Governance Council’s principles and recommendations throughout the reporting period. This announcement underscores the company’s commitment to transparency and accountability in its governance practices, which is crucial for maintaining investor confidence and aligning with industry standards.

The most recent analyst rating on (AU:MYE) stock is a Buy with a A$0.36 price target. To see the full list of analyst forecasts on Metarock Group Limited stock, see the AU:MYE Stock Forecast page.

Mastermyne Group Reports Significant Financial Decline for FY2025
Aug 26, 2025

Mastermyne Group Limited, previously known as Metarock Group Limited, reported a significant decline in its financial performance for the year ended June 30, 2025. The company, which operates in the mining services industry, experienced a 27% decrease in revenue and a 96% drop in profit after tax compared to the previous year. The earnings per share also saw a substantial decline, reflecting the challenging market conditions. Despite these setbacks, the company maintained its net tangible assets per ordinary security at $0.20. No final dividend was declared for the year, although an interim dividend was paid.

The most recent analyst rating on (AU:MYE) stock is a Buy with a A$0.36 price target. To see the full list of analyst forecasts on Metarock Group Limited stock, see the AU:MYE Stock Forecast page.

Mastermyne Group to Announce FY25 Financial Results
Aug 25, 2025

Mastermyne Group Limited will release its financial year results for the period ending 30 June 2025 on 27th August 2025. Following the release, a conference call hosted by CEO Jeff Whiteman and CFO Matt Ruhl will take place, allowing stakeholders to engage through a Q&A session, indicating a transparent approach to stakeholder communication.

The most recent analyst rating on (AU:MYE) stock is a Buy with a A$0.36 price target. To see the full list of analyst forecasts on Metarock Group Limited stock, see the AU:MYE Stock Forecast page.

Mastermyne Group Projects Revenue Decline Amid Mine Closures
Jul 25, 2025

Mastermyne Group Limited has issued its FY25 earnings guidance, projecting a significant decrease in revenue to between $212 million and $216 million, down from $294 million the previous year. This decline is attributed to the suspension and closure of key mining operations and restricted activities at several mines. Despite these challenges, the company has managed to increase its net cash position to $29 million. The company is also ramping up activities at the new Appin mine, which may impact future operations and financial performance.

The most recent analyst rating on (AU:MYE) stock is a Buy with a A$0.36 price target. To see the full list of analyst forecasts on Metarock Group Limited stock, see the AU:MYE Stock Forecast page.

Mastermyne Group Limited Announces Strategic Board Changes
Jun 10, 2025

Mastermyne Group Limited has announced changes to its board, appointing Mr. Wayne Bull as a Non-Executive Director, succeeding Mr. Murray Smith. Mr. Bull brings over 40 years of experience in the resources sector, enhancing the company’s strategic and operational capabilities. Additionally, Mr. Ben Gargett is set to join the board as a nominee from M Resources, further strengthening the company’s governance and oversight. These changes reflect Mastermyne’s ongoing commitment to bolstering its leadership and aligning with strategic investments from M Resources.

The most recent analyst rating on (AU:MYE) stock is a Buy with a A$0.36 price target. To see the full list of analyst forecasts on Metarock Group Limited stock, see the AU:MYE Stock Forecast page.

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: Sep 07, 2025