Metarock Group Limited (AU:MYE)
ASX:MYE
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Metarock Group Limited
(Sydney:MYE)
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Rating:61Neutral
Price Target:
AU$0.32
▲(126.43% Upside)
Action:Reiterated
Date:06/19/26
The score is driven primarily by improving financial stability (lower leverage) but tempered by uneven profitability and less durable cash flow. Technicals are a notable positive with a clear uptrend and supportive momentum, while valuation is a meaningful headwind due to the high P/E and no dividend support.
Positive Factors
Improved balance sheet
Balance sheet de-risking with debt-to-equity around 0.07–0.10 provides lasting financial flexibility. Low leverage reduces refinancing and covenant risk, enabling the company to fund contract-backed operations, bid for new projects and weather commodity cycles without immediate capital raises.
Negative Factors
Volatile profitability
Earnings have swung materially year-to-year, indicating sensitivity to contract mix, pricing and utilization. This volatility weakens forecast reliability, complicates capital allocation and increases risk that a multiyear contraction in coal activity could quickly erode returns and strain margins.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved balance sheet
Balance sheet de-risking with debt-to-equity around 0.07–0.10 provides lasting financial flexibility. Low leverage reduces refinancing and covenant risk, enabling the company to fund contract-backed operations, bid for new projects and weather commodity cycles without immediate capital raises.
Read all positive factors
Metarock Group Limited (MYE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$92.59M
Dividend Yield3.7%
Average Volume (3M)100.45K
Price to Earnings (P/E)39.2
Beta (1Y)0.86
Revenue Growth14.43%
EPS Growth-81.86%
CountryAU
Employees654
SectorEnergy
Sector Strength52
IndustryCoal
Share Statistics
EPS (TTM)<0.01
Shares Outstanding308,648,220
10 Day Avg. Volume47,759
30 Day Avg. Volume100,452
Financial Highlights & Ratios
PEG Ratio-0.30
Price to Book (P/B)0.67
Price to Sales (P/S)0.23
P/FCF Ratio3.77
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.03
Revenue Forecast (FY)AU$224.50M
Metarock Group Limited Business Overview & Revenue Model
Company Description
Metarock Group Limited, headquartered in Mackay, Australia, offers a comprehensive range of mining, contracting, and training services. Established in 1996, the company primarily caters to underground longwall mining operations and supplies indust...
How the Company Makes Money
Metarock Group Limited generates revenue by delivering underground coal mining services and related technical solutions to mining companies. The company's core revenue streams include service contracts for mine development, production, and operati...
Metarock Group Limited Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
68
Positive
Cash Flow
56
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 204.10M | 213.82M | 294.39M | 514.21M | 452.70M | 233.07M |
| Gross Profit | 15.27M | 13.58M | 234.95M | 1.47M | 11.00K | 17.85M |
| EBITDA | 11.95M | 11.73M | 31.38M | -38.70M | 17.31M | 22.30M |
| Net Income | 2.34M | 1.71M | 39.64M | -74.01M | -12.56M | 5.86M |
Balance Sheet | ||||||
| Total Assets | 113.78M | 107.48M | 117.95M | 226.96M | 299.15M | 133.83M |
| Cash, Cash Equivalents and Short-Term Investments | 34.06M | 30.42M | 26.04M | 12.90M | 5.23M | 24.39M |
| Total Debt | 3.86M | 5.14M | 7.22M | 71.93M | 101.34M | 12.56M |
| Total Liabilities | 37.93M | 33.50M | 44.37M | 194.20M | 215.97M | 58.65M |
| Stockholders Equity | 75.85M | 73.97M | 73.58M | 32.76M | 83.19M | 75.18M |
Cash Flow | ||||||
| Free Cash Flow | 5.36M | 13.07M | 12.78M | -30.14M | -21.38M | 10.29M |
| Operating Cash Flow | 9.10M | 16.91M | 17.00M | -383.00K | 20.44M | 18.29M |
| Investing Cash Flow | -3.49M | -3.40M | 67.51M | -9.57M | -54.24M | -8.29M |
| Financing Cash Flow | -6.68M | -9.12M | -71.38M | 17.62M | 14.64M | -10.97M |
Metarock Group Limited Technical Analysis
Positive
0.14
Price Trends
0.21
Positive
0.19
Positive
0.16
Positive
Market Momentum
0.02
Negative
74.94
Negative
94.21
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MYE, the sentiment is Positive. The current price of 0.14 is below the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.21, and below the 200-day MA of 0.16, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 74.94 is Negative, neither overbought nor oversold. The STOCH value of 94.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MYE.
Metarock Group Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | AU$4.63B | 29.62 | 5.87% | 8.48% | -20.55% | -72.75% | |
66 Neutral | AU$6.66B | 10.39 | 11.25% | 1.92% | -13.80% | 268.90% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
63 Neutral | AU$7.91B | 17.17 | 4.93% | 11.73% | -13.48% | -63.82% | |
62 Neutral | AU$2.22B | -32.10 | -2.82% | 7.32% | -19.76% | -125.65% | |
61 Neutral | AU$92.59M | 39.19 | 3.13% | 3.70% | 14.43% | -81.86% | |
44 Neutral | AU$127.58M | -1.09 | -41.52% | ― | -6.64% | -2196.77% |
* Energy Sector Average
AU:MYE
Metarock Group Limited
0.30
0.14
87.50%
AU:NHC
New Hope Corporation Limited
5.49
1.80
48.82%
AU:WHC
Whitehaven Coal Limited
8.16
2.67
48.61%
AU:YAL
Yancoal Australia
5.99
0.29
5.11%
AU:SMR
Stanmore Resources Ltd
2.46
0.69
39.06%
AU:TER
TerraCom Limited
0.07
>-0.01
-11.39%
Metarock Group Limited Corporate Events
Mastermyne outlines capital strength and concentrated ownership in investor update
Jun 8, 2026
Mastermyne Group Limited has presented an investor update outlining its current market profile, capital structure, and leadership. The company reports a market capitalisation of $75.6 million, net cash of $36.9 million and an enterprise value of $...
Mastermyne Fined $7.3m Over Crinum Mine Industrial Manslaughter, Lodges Appeal
May 1, 2026
Mastermyne’s wholly owned subsidiary, Mastermyne Crinum Operations Pty Ltd, has been sentenced by the District Court of Queensland to pay a $7.0 million financial penalty plus $0.3 million in regulator’s costs following an industrial m...
Mastermyne secures $50m, 12‑month extension to Anglo American mining services contracts
Apr 6, 2026
Mastermyne Group Limited has secured a 12‑month extension to its existing mining services work scopes with Anglo American at three underground operations in Queensland, locking in contracts through to 4 April 2027. The renewed agreements, ex...
Mastermyne Subsidiary Found Guilty of Industrial Manslaughter Over 2021 Mine Fatality
Mar 30, 2026
Mastermyne Group has reported that its subsidiary, Mastermyne Crinum Operations Pty Ltd, has been found guilty of industrial manslaughter in relation to the 2021 workplace death of employee Graham Dawson, following an investigation by Resources Sa...
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.