MWY · ASX

Midway Ltd (ASX:MWY)

AU$1.21

 0.02 (1.681%)
ASX:Live
20/12/2024 03:39:39 PM
HALO Price Momentum HALO Ords GROWTH AUS All-Companies
Consensus Score
/10
Recommend
Target Price
Deviation
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MWY Overview

MWY Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Very Weak

Halo Model

MQV

Very Strong

GARP

Very Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Weak

Earnings

Very Strong

Growth

Earnings

Very Strong

Dividends

Very Strong

Quality

Capital Efficiency

Very Strong

Balance Sheet

Very Strong

About MWY

Website

Midway Ltd

Telephone

Address

Description

Midway Ltd. engages in the production and exploration of hardwood and softwood woodchips. It operates through the following segments: Woodfibre, Forestry Logistics, Plantation and Carbon Management, and Ancillary. The Woodfibre segment includes operations whereby the Group purchases and sells both own- and third-party wood. The Forestry Logistics segment provides support services to third parties engaged in growing woodfibre including harvest and haul. The Plantation and Carbon Management segment focuses on the silviculture services including on group owned trees. The Ancillary segment includes other aggregated costs. The company was founded on January 18, 1980 and is headquartered in North Shore, Australia.

MWY Price Chart

Key Stats

Market Cap

AU$101.75M

PE

N/A

EV/EBITDA

N/A

Dividends Overview

DIV Yield

N/A

Franking

100%

Ex Dividend Date (est.)

19-Sep-24

Market Data

52 weeks range

Low 0.55 - 1.27

Trade Value (12mth)

AU$19,731.00

1 week

1.71%

1 month

-4.03%

YTD

75.16%

1 year

76.3%

All time high

3.46

Key Fundamentals

EPS 3 yr Growth

-116.00%

EBITDA Margin

5.80%

Operating Cashflow

$23m

Free Cash Flow Return

15.20%

ROIC

0.60%

Interest Coverage

3.80

Quick Ratio

2.70

Other Data

Shares on Issue (Fully Dilluted)

88m

HALO Sector

Next Company Report Date

28-Aug-25

Ex Dividend Date (est.)

19-Sep-24

Next Dividend Pay Date (est.)

04-Oct-24

Reporting Currency

AUD

Short Sell (% of issue)

0.00

MWY Announcements

Latest Announcements

Date Announcements

20 December 24

Change in substantial holding from SNC

×

Change in substantial holding from SNC

19 December 24

Scheme Meeting

×

Scheme Meeting

19 December 24

Scheme Booklet

×

Scheme Booklet

13 December 24

Market Update

×

Market Update

12 December 24

Pause in Trading

×

Pause in Trading

12 December 24

Trading Halt

×

Trading Halt

02 December 24

Becoming a substantial holder

×

Becoming a substantial holder

29 November 24

Transcript of AGM

×

Transcript of AGM

29 November 24

Notification regarding unquoted securities - MWY

×

Notification regarding unquoted securities - MWY

28 November 24

Chair's and CEO's Presentations to AGM

×

Chair's and CEO's Presentations to AGM

28 November 24

Results of AGM

×

Results of AGM

15 November 24

Change in substantial holding

×

Change in substantial holding

14 November 24

Scheme Implementation Deed with River Capital

×

Scheme Implementation Deed with River Capital

25 October 24

Notice of Annual General Meeting/Proxy Form

×

Notice of Annual General Meeting/Proxy Form

11 October 24

Annual Report to shareholders

×

Annual Report to shareholders

11 October 24

Appendix 4G and Corporate Governance Statement

×

Appendix 4G and Corporate Governance Statement

10 October 24

Date of AGM

×

Date of AGM

30 August 24

Investor Conference Transcript

×

Investor Conference Transcript

29 August 24

Appendix 4E and FY24 Statutory Accounts

×

Appendix 4E and FY24 Statutory Accounts

29 August 24

Dividend/Distribution - MWY

×

Dividend/Distribution - MWY

29 August 24

FY24 Results Announcement

×

FY24 Results Announcement

29 August 24

FY24 Results Presentation

×

FY24 Results Presentation

15 August 24

Investor Conference for FY24 Results

×

Investor Conference for FY24 Results

29 July 24

Market Update - 2024 Benchmark prices agreed

×

Market Update - 2024 Benchmark prices agreed

12 July 24

Notification of cessation of securities - MWY

×

Notification of cessation of securities - MWY

12 July 24

Change of Director's Interest - Anthony McKenna

×

Change of Director's Interest - Anthony McKenna

MWY Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock -0.15 -0.03 0.01 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock -0.15 -0.03 0.01 Lock Lock Lock
     Growth % Lock Lock Lock Lock -141.9 78.4 130.5 Lock Lock Lock
     PE X Lock Lock Lock Lock 21.9 53.5 N/A Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 5.6 7.5 N/A Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.01 -0.01 0.14 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock -0.16 -0.26 0.13 Lock Lock Lock
     Growth % Lock Lock Lock Lock -92.7 -151.0 2,611.2 Lock Lock Lock
     Yield % Lock Lock Lock Lock -21.3 -36.5 18.0 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.00 0.00 0.02 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Yield % Lock Lock Lock Lock 3.7 0.0 N/A Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 0 0 163 Lock Lock Lock
BPS $ Lock Lock Lock Lock 1.41 1.43 1.66 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 1.39 1.41 1.63 Lock Lock Lock
     Growth % Lock Lock Lock Lock -5.8 1.4 15.7 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 87 87 90 Lock Lock Lock
Basic m Lock Lock Lock Lock 87 87 87 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 194 188 275 Lock Lock Lock
     Growth % Lock Lock Lock Lock -30.9 -2.7 46.0 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 14 21 17 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 5 9 20 Lock Lock Lock
     Growth % Lock Lock Lock Lock -71.9 95.0 111.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 2.5 4.9 7.1 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 98 95 93 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 2 0 16 Lock Lock Lock
     Growth % Lock Lock Lock Lock -87.6 -76.5 3,274.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock 1.0 0.2 5.8 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 7 6 8 Lock Lock Lock
EBIT $m Lock Lock Lock Lock -5 -6 7 Lock Lock Lock
     Growth % Lock Lock Lock Lock -199.4 -21.7 226.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock -2.5 -3.1 2.7 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock -14 -7 4 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock -4 -2 1 Lock Lock Lock
Net Income $m Lock Lock Lock Lock -13 -3 1 Lock Lock Lock
     Growth % Lock Lock Lock Lock -141.9 78.4 130.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock -6.7 -1.5 0.3 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock -3 -13 23 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 11 10 7 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock 10 82 14 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -17 -66 -17 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock -14 -23 16 Lock Lock Lock
     Growth % Lock Lock Lock Lock -182.3 -67.7 169.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock -0.1 -0.1 0.1 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 3 6 25 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 269 195 221 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 26 8 22 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 44 6 -1 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 144 68 75 Lock Lock Lock
Equity $m Lock Lock Lock Lock 124 125 145 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 149 133 166 Lock Lock Lock
     Growth % Lock Lock Lock Lock -10.0 -10.8 24.7 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock -4.8 -1.4 0.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -10.5 -2.2 0.6 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock -2.8 -3.8 4.8 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock -5.8 -2.0 0.6 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock -2.0 -9.0 15.2 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock 0.1 0.1 3.8 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 22.0 12.6 -0.1 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 35.6 4.7 -0.7 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 0.7 2.0 3.6 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 0.4 1.0 2.7 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 6.4 7.5 21.1 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock -5.1 -33.8 70.5 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 13.2 9.8 7.5 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 9.1 6.0 7.7 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 0.0 5.0 3.2 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 5.1 4.6 1.0 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.7 1.0 1.2 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.7 1.0 1.2 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock -7.5 -3.7 1.4 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock -5.4 -3.6 1.8 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 0.0 0.0 33.1 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock -4.8 -1.4 0.4 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 2.2 1.6 1.5 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -10.5 -2.2 0.6 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 100.0 100.0 -63.3 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -10.5 -2.2 -0.4 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 40.2 61.3 47.4 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 27.7 37.1 48.5 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 67.9 98.4 96.0 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 18.7 18.8 8.4 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 49.2 79.6 87.6 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

19-Sep-24

DIV Yield

N/A

Franking Level

100%

DPSg

N/A

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
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Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.00%

Value ($M)

0

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

N/A

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MWY Shortsell

Frequently Asked Questions

The current share price of Midway Ltd (MWY:ASX) is AU$1.21.
The 52-week high share price for Midway Ltd (MWY:ASX) is AU$1.27.
The 52-week low share price for Midway Ltd (MWY:ASX)? is AU$0.55.
Midway Ltd (MWY:ASX) does not pay a dividend.
The last dividend payment of Midway Ltd (MWY:ASX) is AU$0.16.
Midway Ltd (MWY:ASX) has a franking level of 100.0%.
Midway Ltd (MWY:ASX) is classified in the Mining.
The current P/E ratio for Midway Ltd (MWY:ASX) is .