Midway Share Price and Company Fundamentals



Price
$1.06
Change
0.030 (2.913%)
52 week
0.7 - 1.27

Last traded: Today at 1:50 AM

Midway Limited, together with its subsidiaries, processes, sells, markets, and exports woodfibre to the pulp and paper industries in Australia, Japan, China, and South East Asia. It operates through Wood Processing, Forestry Logistics, and Plantation Management segments. The company offers hardwood and softwood woodchips, as well as biomass woodchips and sawdust. It also provides planation management services; and support services to third parties engaged in growing woodfibre, including harvest, infield chipping, and haulage. In addition, the company markets third party wood fiber. The company was founded in 1980 and is headquartered in North Geelong, Australia.

Key Metrics

PE ratio

-

PB ratio

0.70

Dividend yield

8.74%

Beta

0.68

Market cap

$92.58M

Enterprise value

$135.54M

Company profile

Primary activitiesProduction and exportation of hardwood and softwood woodchips
Industry / SectorLumber & Wood Production / Basic Materials
Websitehttp://www.midwaylimited.com.au
Mailing addressNorth Geelong MDC PO Box 678 North Geelong VIC 3215 Australia
Phone / Fax61 3 5277 9255 / 61 3 5277 0667
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Annual reports

Published onReport
23 Sep 2020Annual Report to shareholders

Dividends

More: Midway Dividend history, yield and payout ratio

Dividend yield

8.74%

Dividend amount

$0.09

Payout ratio

0.00%

Midway paid $0.09 dividend and the ex-dividend date was 05 Sept 2019.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.MWY 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.

MWY'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 Aug 2021, following are the company executives and directors listed on Midway.

NameTitleAgeTotal Pay
Ashley William MerrettChief Financial Officer339.19k
Mr. Tony Mckenna CFAMD & CEO47
Mr. Robert F. BennettCompany Sec.

Profitability and management effectiveness

Profit margin

-4.88%

Operating margin

2.58%

Return on assets

1.72%

Return on equity

-10.31%

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 Midway is 92.58M and its enterprise value is 135.54M. The enterprise value to revenue ratio of MWY is 0.47.

The MWY's stocks Beta value is 0.68 making it 32% 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 Midway (MWY)

Midway (ASX:MWY) Frequently Asked Questions

1. What is Midway's Stock Symbol?

Midway trades on ASX under the ticker symbol "MWY".

2. What is Midway's stock price today?

One share of MWY stock can currently be purchased for approximately $1.06.

3. How can I contact Midway?

Midway's mailing address is North Geelong MDC PO Box 678 North Geelong VIC 3215 Australia. The company can be reached via phone at 61 3 5277 9255.

4. What is Midway's official website?

The official website of Midway is http://www.midwaylimited.com.au.

5. Which share registry manages Midway's stock?

Midway's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.