Mastermyne Group Share Price and Company Fundamentals



Price
$0.685
Change
0.000 (0.000%)
52 week
0.55 - 0.995

Last traded: Yesterday at 4:03 AM

Mastermyne Group Limited provides contracting services to the underground long wall mining operations and industrial products and services in coalfields and supporting industries of Queensland and New South Wales, Australia. The company offers various mining services and equipment to the coal mining industry including, new mine development, mine operation, roadway development, conveyors, outbye, ventilation, secondary support, long wall relocations, polymeric emergency strata consolidation, production and ancillary equipment, and mining consumables. It also provides acrow props; cable-hanging brackets; geosorb, quick drive cement, road salt, and safe mark paints; pigtails and brackets, and structure and leg pins; dewatering products comprising snorebox, strainers, and suction strainers; poly droppers, poly sticks, and reflective streamers; spear and trickle dusters; and cable hanging crooks, life line products, and measuring sticks. In addition, the company offers nuts, pipe hanging brackets, pogo sticks and snap jacks, rollers, shoulder pipes and manifolds, ventilation products, visi clips, and webbing straps. Further, it provides training and consulting services; design and engineering services; and manages and maintains mining projects. Additionally, the company engages in machinery hire activities. Mastermyne Group Limited was founded in 1996 and is headquartered in Mackay, Australia.

Key Metrics

PE ratio

7.97

PB ratio

1.01

Dividend yield

7.01%

Beta

0.75

Market cap

$72.69M

Enterprise value

$71.31M

Company profile

Primary activitiesProvider of underground roadway development, installation of conveyors and provision of consumables to the Australian coal mining industry.
Industry / SectorThermal Coal / Energy
Websitehttp://www.mastermyne.com.au
Mailing addressRiverside Plaza Level 1 45 River Street Mackay QLD 4740 Australia
Phone / Fax61 7 4963 0400 / 61 7 4944 0822
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: Mastermyne Group Dividend history, yield and payout ratio

Dividend yield

7.01%

Dividend amount

$0.05

Payout ratio

68.97%

Mastermyne Group paid $0.05 dividend and the ex-dividend date was 25 Mar 2021.The dividend payout ratio is 68.97%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MYE 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.

MYE's forward dividend amount is $0.05 and the forward dividend yield is 6.88%. 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 May 2021, following are the company executives and directors listed on Mastermyne Group.

NameTitleAgeTotal Pay
Mr. Anthony Salvatore CarusoCEO, MD & Exec. Director611.58k
Mr. Brett MaffCFO & Company Sec.469.26k
Ms. Vivienne GaytonGen. Mang. of HR380.53k
Mr. David SykesGen. Mang. of Strategy & Growth460.83k
Mr. Wayne PriceGen. Mang. of NSW Mining446.62k
Mr. P. GreenGen. Mang. of Mining QLD291.21k

Profitability and management effectiveness

Profit margin

3.44%

Operating margin

5.19%

Return on assets

7.12%

Return on equity

13.56%

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 Mastermyne Group is 72.69M and its enterprise value is 71.31M. The enterprise value to revenue ratio of MYE is 0.27.

The MYE's stocks Beta value is 0.75 making it 25% 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 Mastermyne Group (MYE)

Mastermyne Group (ASX:MYE) Frequently Asked Questions

1. What is Mastermyne Group's Stock Symbol?

Mastermyne Group trades on ASX under the ticker symbol "MYE".

2. What is Mastermyne Group's stock price today?

One share of MYE stock can currently be purchased for approximately $0.685.

3. How can I contact Mastermyne Group?

Mastermyne Group's mailing address is Riverside Plaza Level 1 45 River Street Mackay QLD 4740 Australia. The company can be reached via phone at 61 7 4963 0400.

4. What is Mastermyne Group's official website?

The official website of Mastermyne Group is http://www.mastermyne.com.au.

5. Which share registry manages Mastermyne Group's stock?

Mastermyne Group's stock is managed by LINK MARKET SERVICES LIMITED.