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Graphene Manufacturing Group Ltd (TSE:GMG)
:GMG

Graphene Manufacturing Group Ltd (GMG) AI Stock Analysis

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TSE:GMG

Graphene Manufacturing Group Ltd

(GMG)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
C$2.50
▲(25.63% Upside)
Overall score is held back primarily by poor financial performance (loss-making margins, negative ROE, and negative operating/free cash flow) despite strong revenue growth and low leverage. Technicals are a positive driver with strong momentum above major moving averages, but overbought signals (RSI ~78) add near-term risk. Valuation is constrained by a negative P/E and no dividend data.
Positive Factors
Revenue Growth
Strong revenue growth indicates increasing demand for GMG's products, suggesting successful market penetration and potential for future expansion.
Low Leverage
Low leverage provides financial flexibility and reduces risk, allowing GMG to invest in growth opportunities without significant debt burden.
Product Innovation
GMG's focus on innovative graphene products positions it well in high-growth sectors like automotive and energy storage, driving long-term demand.
Negative Factors
Negative Margins
Negative margins highlight cost management and efficiency issues, which could hinder profitability and sustainability if not addressed.
Negative Cash Flows
Negative cash flows indicate potential liquidity issues, limiting GMG's ability to fund operations and growth without external financing.
Negative ROE
Negative ROE suggests inefficiency in generating profits from equity, raising concerns about management effectiveness and shareholder value creation.

Graphene Manufacturing Group Ltd (GMG) vs. iShares MSCI Canada ETF (EWC)

Graphene Manufacturing Group Ltd Business Overview & Revenue Model

Company DescriptionGraphene Manufacturing Group Pty Ltd, together with its subsidiaries, manufactures and supplies graphene. The company engages in the manufacture and sale of energy saving and energy storage solutions. It serves facility management; transport and earth moving; food supply management; retail, shopping centres, and food outlets; utilities education institutions; automotive operations and maintenance; batteries and energy storage; and batter materials. Graphene Manufacturing Group Pty Ltd. was incorporated in 2016 and is based in Richlands, Australia.
How the Company Makes MoneyGMG generates revenue through multiple channels, primarily by producing and selling graphene materials to manufacturers across various industries. The company has established key revenue streams from the sale of its advanced graphene products, which include coatings that enhance durability and performance, and graphene-enhanced batteries that improve energy density and charging times. Additionally, GMG may pursue partnerships and collaborations with organizations in need of advanced materials, allowing them to co-develop products and share in the resulting profits. The company also aims to capitalize on the growing demand for sustainable and high-performance materials, positioning itself for growth in the expanding market for graphene applications.

Graphene Manufacturing Group Ltd Financial Statement Overview

Summary
Graphene Manufacturing Group Ltd is experiencing rapid revenue growth, but profitability remains a significant challenge. The company has a stable capital structure with low leverage, yet it struggles with negative cash flows and profitability metrics. To improve its financial health, the company must focus on enhancing operational efficiency and achieving positive cash flows.
Income Statement
35
Negative
Graphene Manufacturing Group Ltd has shown significant revenue growth, with a remarkable increase of 1960.37% in the latest year. However, the company is still facing challenges in profitability, as indicated by negative EBIT and net income margins. The gross profit margin is positive, suggesting some operational efficiency, but the overall financial health is impacted by substantial losses.
Balance Sheet
45
Neutral
The balance sheet reflects a moderate debt-to-equity ratio, indicating a relatively low level of leverage. However, the return on equity is negative, highlighting ongoing profitability challenges. The equity ratio is stable, suggesting a solid capital structure, but the company needs to improve its profitability to enhance shareholder value.
Cash Flow
40
Negative
The cash flow statement reveals negative operating and free cash flows, indicating cash outflows from operations. Although there is a slight improvement in free cash flow growth, the company needs to generate positive cash flows to sustain operations and fund future growth. The ratios of operating and free cash flow to net income are unfavorable, reflecting cash management challenges.
BreakdownTTMDec 2025Dec 2025Dec 2024Dec 2023Dec 2022
Income Statement
Total Revenue4.92M4.90M294.86K170.06K54.43K
Gross Profit4.58M4.72M-446.15K-280.90K-256.73K
EBITDA-4.79M-5.78M-5.30M-8.40M-11.38M
Net Income-9.42M-8.57M-7.40M-9.32M-11.77M
Balance Sheet
Total Assets22.53M17.22M15.24M15.96M16.68M
Cash, Cash Equivalents and Short-Term Investments12.88M7.71M3.98M4.65M12.26M
Total Debt687.75K773.99K1.35M1.31M1.03M
Total Liabilities11.57M8.31M6.70M7.26M6.58M
Stockholders Equity10.97M8.91M8.54M8.69M10.10M
Cash Flow
Free Cash Flow-7.09M-4.59M-7.69M-13.99M-7.65M
Operating Cash Flow-6.31M-3.83M-4.99M-10.55M-6.57M
Investing Cash Flow-787.43K-886.53K-2.70M-3.44M-1.08M
Financing Cash Flow15.71M8.34M7.09M6.36M16.55M

Graphene Manufacturing Group Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.99
Price Trends
50DMA
1.53
Positive
100DMA
1.20
Positive
200DMA
0.95
Positive
Market Momentum
MACD
0.33
Negative
RSI
78.94
Negative
STOCH
81.44
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GMG, the sentiment is Positive. The current price of 1.99 is below the 20-day moving average (MA) of 2.06, above the 50-day MA of 1.53, and above the 200-day MA of 0.95, indicating a bullish trend. The MACD of 0.33 indicates Negative momentum. The RSI at 78.94 is Negative, neither overbought nor oversold. The STOCH value of 81.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GMG.

Graphene Manufacturing Group Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
54
Neutral
C$1.11B-117.73-87.47%331.08%15.77%
49
Neutral
C$328.58M-34.40-92.59%6.29%-3.71%
47
Neutral
C$17.78M-12.37-61.05%-15.84%-375.96%
45
Neutral
C$424.07K100.00109.13%
42
Neutral
C$118.82M-8.35-64.59%56.03%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:GMG
Graphene Manufacturing Group Ltd
2.79
2.14
329.23%
TSE:CNO
California Nanotechnologies
0.36
-0.55
-60.56%
TSE:IZ
International Zeolite Corp
0.01
-0.01
-50.00%
TSE:NANO
Nano One Materials
1.05
0.11
11.70%
TSE:HG
Hydrograph Clean Power
3.52
3.30
1500.00%

Graphene Manufacturing Group Ltd Corporate Events

Business Operations and StrategyProduct-Related AnnouncementsRegulatory Filings and Compliance
GMG Wins US EPA Green Light for THERMAL-XR Graphene Coating, Paving Way for American HVAC Launch
Positive
Dec 22, 2025

Graphene Manufacturing Group Ltd has accepted United States Environmental Protection Agency consent notice approval conditions for its THERMAL-XR® ENHANCE graphene coating, clearing the way for commercial sales in the US HVAC market. The first shipment will go to distribution partner Nu-Calgon to be sold as “Nu-Calgon CoolWorx® powered by GMG Graphene,” marking GMG’s entry into what it calls the largest HVAC coating market globally after a two-year regulatory process. The approval caps a series of milestones including intellectual property acquisition, independent verification of energy savings, distributor signings across Asia and North America, commissioning of graphene and coating production facilities, and prior regulatory clearances in Australia and Canada, positioning GMG to scale commercialisation of THERMAL-XR® in major international markets.

The most recent analyst rating on (TSE:GMG) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG Stock Forecast page.

Business Operations and StrategyProduct-Related AnnouncementsRegulatory Filings and Compliance
Graphene Manufacturing Group Wins EPA Green Light for U.S. Launch of Graphene HVAC Coating
Positive
Dec 22, 2025

Graphene Manufacturing Group has received and accepted the United States Environmental Protection Agency’s consent notice conditions for its THERMAL-XR ENHANCE graphene coating, a critical regulatory step that clears the way for commercial sales in the world’s largest HVAC coatings market. The company plans to ship its first batch of the product to distribution partner Nu-Calgon, which will market it in the U.S. as Nu-Calgon CoolWorx powered by GMG Graphene, positioning GMG to capitalize on a substantial market opportunity for energy-saving and corrosion-resistant air-conditioning coatings after a two-year approval process and a series of prior regulatory, technical validation, capacity-building and distribution milestones across multiple regions.

The most recent analyst rating on (TSE:GMG) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
GMG Advances Graphene Aluminium-Ion Battery Technology
Positive
Dec 15, 2025

Graphene Manufacturing Group Ltd. has announced significant progress in its Graphene Aluminium-Ion Battery technology, which promises to charge fully in six minutes and offers a safer, more cost-effective alternative to current lithium-based batteries. This advancement could revolutionize the electric vehicle and consumer electronics markets by reducing reliance on lithium, enhancing charge times, and improving power density, positioning GMG as a key player in the next wave of electrification.

The most recent analyst rating on (TSE:GMG) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Graphene Manufacturing Group Launches Pre-Order for THERMAL-XR® Kit
Positive
Dec 1, 2025

Graphene Manufacturing Group Ltd (GMG) has launched pre-order sales for its THERMAL-XR® spray kit, which includes an electric spray gun and is designed for energy-saving applications. The product is available for pre-order in Australia and will be distributed globally as GMG expands its distributor network. This launch represents a significant step in GMG’s strategy to commercialize its energy-saving products, potentially enhancing its market position and offering stakeholders a new solution for energy efficiency.

The most recent analyst rating on (TSE:GMG) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
GMG’s G-LUBRICANT Achieves 13.8% Fuel Savings in Australian Charity Rally
Positive
Nov 18, 2025

Graphene Manufacturing Group Ltd announced a successful demonstration of its G-LUBRICANT product during a charity car rally in Australia, achieving a 13.8% fuel efficiency improvement. The event, which supports cancer research, highlighted the effectiveness of GMG’s graphene-enhanced engine oil additive, reinforcing its potential impact on reducing fuel consumption and enhancing engine performance.

The most recent analyst rating on (TSE:GMG) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
GMG Partners with Beijer Ref to Distribute THERMAL-XR® in Australia
Positive
Oct 28, 2025

Graphene Manufacturing Group Ltd has achieved a significant commercial milestone by partnering with Beijer Ref to distribute its THERMAL-XR® ENHANCE heat transfer coating across Beijer Ref’s and Kirby’s wholesale locations in Australia. This collaboration is expected to enhance the cooling efficiency and sustainability of refrigeration systems, expanding GMG’s market reach and reinforcing its position in the HVAC-R industry. The initiative will utilize a network of certified HVAC contractors to ensure quality application, supporting GMG’s strategic commercialization model and strengthening its reputation for technical excellence.

The most recent analyst rating on (TSE:GMG) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG Stock Forecast page.

Shareholder Meetings
Graphene Manufacturing Group Ltd Announces Virtual 2025 Annual General Meeting
Neutral
Oct 16, 2025

Graphene Manufacturing Group Ltd announced the details of its 2025 Annual General Meeting, which will be held virtually on November 26, 2025. The meeting will allow shareholders to participate online, regardless of their location, and will cover key agenda items such as the election of directors, appointment of auditors, and approval of the company’s stock option plan. This virtual format aims to ensure equitable participation and engagement from stakeholders, reflecting the company’s commitment to transparency and inclusivity in its corporate governance practices.

The most recent analyst rating on (TSE:GMG) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG 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: Dec 31, 2025