Want to see AU:MYE full AI Analyst Report?
Top Page
Metarock Group Limited
(Sydney:MYE)
Select Model
Select Model
Rating:56Neutral
Price Target:
AU$0.41
▲(194.29% Upside)
Action:Reiterated
Date:07/23/26
The score is driven primarily by mixed fundamentals: materially improved balance-sheet leverage is a clear positive, but profitability and free-cash-flow consistency remain uneven. Technicals are supportive due to a strong uptrend, though momentum looks overextended, and the high P/E with no dividend support weighs on the overall rating.
Positive Factors
Improved Leverage
Material de-risking of the balance sheet with debt-to-equity around 0.07–0.10 provides durable financial flexibility. Lower leverage reduces refinancing and covenant risk, supports bidding on projects, and enables capital allocation toward growth or opportunistic M&A over the next 2–6 months.
Negative Factors
Volatile Profitability
Wide swings in profitability and compressing margins to low single-digits create persistent earnings unpredictability. For an engineering & construction firm, this volatility signals execution and margin risk on contracts, making forward earnings and reinvestment planning less reliable across business cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Leverage
Material de-risking of the balance sheet with debt-to-equity around 0.07–0.10 provides durable financial flexibility. Lower leverage reduces refinancing and covenant risk, supports bidding on projects, and enables capital allocation toward growth or opportunistic M&A over the next 2–6 months.
Read all positive factors
Metarock Group Limited (MYE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$166.74M
Dividend Yield3.7%
Average Volume (3M)100.45K
Price to Earnings (P/E)71.1
Beta (1Y)0.97
Revenue Growth14.43%
EPS Growth-81.86%
CountryAU
Employees700
SectorBasic Materials
Sector Strength58
IndustryEngineering & Construction
Share Statistics
EPS (TTM)<0.01
Shares Outstanding308,775,970
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)0.04
Revenue Forecast (FY)AU$266.80M
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
null...
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
0.40
Positive
0.30
Positive
0.23
Positive
Market Momentum
0.05
Positive
60.14
Neutral
11.35
Positive
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 0.50, below the 50-day MA of 0.40, and below the 200-day MA of 0.23, indicating a bullish trend. The MACD of 0.05 indicates Positive momentum. The RSI at 60.14 is Neutral, neither overbought nor oversold. The STOCH value of 11.35 is Positive, 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 (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | AU$4.86B | 31.24 | 5.87% | 3.72% | -20.55% | -72.75% | |
70 Neutral | AU$2.42B | -35.61 | -2.82% | 4.10% | -19.76% | -125.65% | |
68 Neutral | AU$7.59B | 25.80 | 3.26% | 2.99% | -1.15% | -69.35% | |
63 Neutral | AU$6.32B | 16.37 | 11.25% | 1.28% | -7.39% | -39.72% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | AU$166.74M | 71.05 | 3.13% | 3.70% | 14.43% | -81.86% | |
44 Neutral | AU$133.04M | -1.17 | -41.52% | ― | -6.64% | -2196.77% |
* Basic Materials Sector Average
AU:MYE
Metarock Group Limited
0.54
0.40
285.71%
AU:NHC
New Hope Corporation Limited
5.76
1.57
37.40%
AU:WHC
Whitehaven Coal Limited
7.75
1.12
16.80%
AU:YAL
Yancoal Australia
5.75
0.42
7.90%
AU:SMR
Stanmore Resources Ltd
2.68
0.75
39.00%
AU:TER
TerraCom Limited
0.07
<0.01
12.31%
Metarock Group Limited Corporate Events
Mastermyne Seeks ASX Quotation for 11,437 New Ordinary Shares
Jul 30, 2026
Mastermyne Group Limited has applied for quotation of 11,437 new fully paid ordinary shares on the ASX, with an issue date of 31 July 2026. The relatively small share issuance, arising from the exercise or conversion of existing securities, repres...
Mastermyne beats FY26 guidance and builds strong mining services pipeline
Jul 21, 2026
Mastermyne reported unaudited FY26 revenue of $237.7 million and underlying EBITDA of $20.3 million, exceeding the upper end of its guidance ranges and marking a significant improvement on FY25. The company’s strong second-half performance w...
Mastermyne Seeks ASX Quotation for Newly Issued Shares
Jul 6, 2026
Mastermyne Group Limited has lodged an application with the ASX for the quotation of additional ordinary fully paid shares under the code MYE. The filing relates to the issuance of 1,964 new securities, which have been approved for quotation effec...
Mastermyne Fined Over 2022 Moranbah Fatality as It Intensifies Safety Efforts
Jun 23, 2026
Mastermyne Group has provided an update on legal proceedings linked to a fatal incident at Moranbah North Mine in March 2022 that resulted in the death of employee Gavin Feltwell. Following an investigation by Resources Safety Health Queensland, ...
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 $...
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.