MAC COPPER LIMITED (MAC)
Share Price Analysis and Chart

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MAC

MAC - MAC COPPER LIMITED

FNArena Sector : Copper
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 2.79
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$15.14

01 Apr
2025

-0.680

OPEN

$15.57

-4.30%

HIGH

$15.86

197,952

LOW

$15.03

TARGET
$28.00 84.9% upside
OTHER COMPANIES IN THE SAME SECTOR
29M . A1M . AML . AR1 . CNB . CSC . CVV . CY5 . CYM . FFM . FND . HGO . LEG . MLX . MM8 . NEM . NWC . SFR . STM . TTM .
FNARENA'S MARKET CONSENSUS FORECASTS
MAC: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 173.1 N/A xxx
DPS (cps) xxx 0.0 N/A xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 N/A

Estimated Dividend Growth
(Average Of Past Three Years)

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202220232024
EPS Basic xxxxxx-173.1
DPS All xxxxxx0.0
Sales/Revenue xxxxxx516.6 M
Book Value Per Share xxxxxx1,088.3
Net Operating Cash Flow xxxxxx177.0 M
Net Profit Margin xxxxxx-23.97 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202220232024
Return on Capital Employed xxxxxx-19.20 %
Return on Invested Capital xxxxxx-10.20 %
Return on Assets xxxxxx-5.92 %
Return on Equity xxxxxx-19.20 %
Return on Total Capital xxxxxx9.03 %
Free Cash Flow ex dividends xxxxxx95.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202220232024
Short-Term Debt xxxxxx101 M
Long Term Debt xxxxxx566 M
Total Debt xxxxxx668 M
Goodwill - Gross xxxxxx-
Cash & Equivalents - Generic xxxxxx278 M
Price To Book Value xxxxxx1.58

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202220232024
Capex xxxxxx91.6 M
Capex % of Sales xxxxxx17.73 %
Cost of Goods Sold xxxxxx340 M
Selling, General & Admin. Exp & Other xxxxxx57 M
Research & Development xxxxxx-
Investments - Total xxxxxx6 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

17/01/2025

1

Buy

$28.00

84.94%

Ord Minnett marks to market commodity prices for the December quarter.

The broker downgrades the 2025 copper price forecast by -14%, hard coking coal by -9%, thermal coal by -8%, and aluminium by -8% due to weaker commodity demand, higher-for-longer interest rates, and the impacts of Trump tariffs and other trade barriers.

MAC Copper is Buy rated with a $28 target price. Ord Minnett lowers EPS estimates by -0.6% in 2024 and -27.8% in 2025.
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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

3

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Moelis

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Canaccord Genuity

04/03/2025

1

Buy

$21.00

38.71%

MAC Copper's FY24 results showed only a slight miss on revenue and earnings (EBITDA,) relative to Canaccord Genuity's forecasts,

The revenue shortfall was mainly due to higher operating costs, explains the broker, while the net loss after tax (NLAT) of -US$70m was better-than-expected, driven by lower depreciation and a US$9m income tax benefit.

Cash flow from operations of US$117m was solid, highlight the analysts.

Production guidance for 2025 remains steady, with expectations of 43-48kt of copper production, and capex guidance is set between -US$60-75m.

The Buy rating and $21 target are unchanged.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -45.00 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 7.00 cents.

Wilsons

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Access Extra Coverage Research History >

MAC STOCK CHART

FNArena News on MAC

1
Rudi’s View: Best Buys In Copper, Small Caps, Tech, Healthcare, And More

Mar 20 2025 - Rudi's View
2
Rudi’s View: February’s Reality Check

Mar 05 2025 - Rudi's View
3
Australian Broker Call *Extra* Edition – Mar 04, 2025

Mar 04 2025 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Feb 03, 2025

Feb 03 2025 - Daily Market Reports
5
Rudi’s View: Best Buys & Convictions For 2025

Jan 16 2025 - Rudi's View

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