Matrix Composites & Engineering Share Price and Company Fundamentals



Price
$0.22
Change
0.005 (2.326%)
52 week
0.135 - 0.26

Last traded: Today at 12:10 AM

Matrix Composites & Engineering Ltd, together with its subsidiaries, designs, engineers, manufactures, and sells composite and material technology solutions to the oil and gas, civil and infrastructure, resources, defense, and transportation industries in Australia and internationally. It offers autonomous underwater vehicles/unmanned underwater vehicles buoyancy, distributed buoyancy module systems, drill riser buoyancy systems, matrix longitudinal groove system (LGS) riser buoyancy system, and Matrix LGS surf systems, as well as Matrix MarineShield, a wraparound corrosion protection system for the preservation of pipelines, risers, piles, and other critical field infrastructure. The company also provides well construction and completion products, such as matrix conductor centralizers for fixed platform wells; matrix riser sealing mandrel to enhance the safety of completion and workover operations on board floating drilling units and workover vessels; and Max R low friction centralizers for well and drilling completions. In addition, it offers VIV suppression equipment for rigid pipelines. Further, the company distributes coatings, including Humiclean, an environmentally friendly, biodegradable, non-toxic, and non-VOC cleaning agent; Humidur Char, a passive fire protection product; Humidur FP, a solvent free epoxy coating; and Humidur TC, a solvent-free epoxy siloxane hybrid top coating. Additionally, it provides Matrix Fibrenetic, a rapid installation and lightweight carbon fiber repair system to remediate corroded structures; Matrix Rotolining, an internal lining system; Kinetica dropped object protection cells for protecting critical equipment and work site areas from dropped objects; Kinetic syntactic foam; and provision of inspection, maintenance, and repair services. The company was incorporated in 1990 and is headquartered in Henderson, Australia.

Key Metrics

PE ratio

-

PB ratio

-

Dividend yield

0.00%

Beta

0.82

Market cap

-

Enterprise value

-

Company profile

Primary activitiesThe manufacture and supply of specialised engineered products and services to the global oil and gas exploration and production sector using syntactic foam and thermoplastic technologies.
Industry / SectorEngineering & Construction / Industrials
Websitehttps://matrixengineered.com
Mailing address150 Quill Way Henderson WA 6166 Australia
Phone / Fax61 8 9412 1200 / 61 8 9412 1299
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: Matrix Composites & Engineering Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Matrix Composites & Engineering paid $0.00 dividend and the ex-dividend date was 14 Sept 2015.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MCE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MCE's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Oct 2022, following are the company executives and directors listed on Matrix Composites & Engineering.

NameTitleAgeTotal Pay
Mr. Aaron Paul BegleyMD, CEO & Director454.74k
Mr. Brendan William Cocks B.Com., C.A., BCom., CACFO & Company Sec.363.96k
Mr. Robbie StewHead of Operations
Mr. Peter B. PezetGen. Mang. of Technology Group
Mr. Paul Andrew Hardie B.Ec. LLB, BEC, L.L.B.Gen. Counsel & Joint Company Sec.
Ms. Liz HodgsonHuman Resource Mang.
Mr. Ian PhillipsHead of Program Management

Profitability and management effectiveness

Profit margin

-16.69%

Operating margin

-20.69%

Return on assets

-10.62%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Matrix Composites & Engineering is and its enterprise value is .

The MCE's stocks Beta value is 0.82 making it 18% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Matrix Composites & Engineering (MCE)

Matrix Composites & Engineering (ASX:MCE) Frequently Asked Questions

1. What is Matrix Composites & Engineering's Stock Symbol?

Matrix Composites & Engineering trades on ASX under the ticker symbol "MCE".

2. What is Matrix Composites & Engineering's stock price today?

One share of MCE stock can currently be purchased for approximately $0.22.

3. How can I contact Matrix Composites & Engineering?

Matrix Composites & Engineering's mailing address is 150 Quill Way Henderson WA 6166 Australia. The company can be reached via phone at 61 8 9412 1200.

4. What is Matrix Composites & Engineering's official website?

The official website of Matrix Composites & Engineering is https://matrixengineered.com.

5. Which share registry manages Matrix Composites & Engineering's stock?

Matrix Composites & Engineering's stock is managed by LINK MARKET SERVICES LIMITED.