Magontec Share Price and Company Fundamentals



Price
$0.33
Change
0.020 (6.452%)
52 week
0.194999 - 1.139994

Last traded: Today at 12:04 AM

Magontec Limited, together with its subsidiaries, researches, develops, manufactures, and sells generic and specialist magnesium alloys in Asia, Europe, the Americas, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and control systems. The CCP products are used in water storage vessels. It also recycles magnesium alloys. The company was formerly known as Advanced Magnesium Limited and changed its name to Magontec Limited in November 2011. Magontec Limited was founded in 1953 and is headquartered in Potts Point, Australia.

Key Metrics

PE ratio

47.14

PB ratio

0.81

Dividend yield

Beta

1.16

Market cap

$25.32M

Enterprise value

$34.64M

Company profile

Primary activitiesManufacture of magnesium alloys and development and commercialisation of magnesium alloy tecchnology
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Full time employees325
Websitehttp://magontec.com
Mailing address46A Macleay Street Suite 1.03 Potts Point NSW 2011 Australia
Phone / Fax61 2 8084 7813 / 61 2 9252 8960
Share registryBOARDROOM PTY LIMITED

Dividends

Magontec does not pay dividends.

Company Executives

As of Sep 2021, following are the company executives and directors listed on Magontec.

NameTitleAgeTotal Pay
Mr. Nicholas William Andrews B.E., B Ec.(Syd), MSDIA, MAICDExec. Chairman & Chief Exec.63412.5k
Mr. Derryn Chin B.Com., C.A., C.F.A., B Com (UNSW), CA, CFAChief Financial Officer230.86k
Mr. Christoph Klein-SchmeinkPres of Magontec Europe, North America & Middle East55378.15k
Mr. Xunyou TongPres of Magontec Asia49338.03k
Mr. Joel ForwoodMang. of Investor Relations
Mr. Patrick LookVP of Fin. & HR
Mr. John David Talbot B Bus(Accg), CPACompany Sec.74

Profitability and management effectiveness

Profit margin

0.56%

Operating margin

1.90%

Return on assets

1.60%

Return on equity

1.80%

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 Magontec is 25.32M and its enterprise value is 34.64M. The enterprise value to revenue ratio of MGL is 0.35.

The MGL's stocks Beta value is 1.16 making it 16% more 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 Magontec (MGL)

Magontec (ASX:MGL) Frequently Asked Questions

1. What is Magontec's Stock Symbol?

Magontec trades on ASX under the ticker symbol "MGL".

2. What is Magontec's stock price today?

One share of MGL stock can currently be purchased for approximately $0.33.

3. How can I contact Magontec?

Magontec's mailing address is 46A Macleay Street Suite 1.03 Potts Point NSW 2011 Australia. The company can be reached via phone at 61 2 8084 7813.

4. What is Magontec's official website?

The official website of Magontec is http://magontec.com.

5. Which share registry manages Magontec's stock?

Magontec's stock is managed by BOARDROOM PTY LIMITED.