Magontec Share Price and Company Fundamentals



Price
$0.375
Change
0.020 (5.634%)
52 week
0.31 - 0.65

Last traded: Today at 4:26 AM

Magontec Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of generic and specialist alloys in Asia, the Americas, Europe, 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 for use 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

1.67

PB ratio

0.53

Dividend yield

1.69%

Beta

0.91

Market cap

-

Enterprise value

-

Company profile

Primary activitiesManufacture of magnesium alloys and development and commercialisation of magnesium alloy tecchnology
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Full time employees339
Websitehttps://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

More: Magontec Dividend history, yield and payout ratio

Dividend yield

1.69%

Dividend amount

$0.01

Payout ratio

0.00%

Magontec paid $0.01 dividend and the ex-dividend date was 29 Sept 2022.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.MGL 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.

MGL's forward dividend amount is $0.01 and the forward dividend yield is 3.33%. 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 Magontec.

NameTitleAgeTotal Pay
Mr. Nicholas William Andrews B.E., B Ec.(Syd), MSDIA, MAICDExec. Chairman & Chief Exec.64552.78k
Mr. Derryn Chin B Com (UNSW), B.Com., C.A., C.F.A., CAChief Financial Officer317.61k
Mr. Christoph Klein-SchmeinkPres of Magontec Europe, North America & Middle East56454.27k
Mr. Xunyou TongPres of Magontec Asia50409.18k
Mr. Joel ForwoodMang. of Investor Relations
Mr. Patrick LookVP of Fin. & HR
Mr. John David Talbot B Bus(Accg), CPACompany Sec.75

Profitability and management effectiveness

Profit margin

11.18%

Operating margin

14.59%

Return on assets

17.61%

Return on equity

42.66%

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 and its enterprise value is .

The MGL's stocks Beta value is 0.91 making it 9% 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 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 $0.375.

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 https://magontec.com.

5. Which share registry manages Magontec's stock?

Magontec's stock is managed by BOARDROOM PTY LIMITED.