MITCHELL SERVICES LIMITED (MSV)
Share Price Analysis and Chart

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MSV - MITCHELL SERVICES LIMITED

FNArena Sector : Mining Sector Contracting
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 0.53
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.34

21 Nov
2024

-0.005

OPEN

$0.35

-1.45%

HIGH

$0.35

202,736

LOW

$0.34

TARGET
$0.55 61.8% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ALQ . ANG . ARI . C79 . CDA . CDD . DOW . EHL . GNG . IMD . IPG . IPL . LBL . LYL . MAD . MAH . MIN . MLG . MND . MYE . NWH . ORI . PRN . RAN . RCR . RDG . RUL . SGH . SRG . SXE . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
MSV: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 4.3 3.0 xxx
DPS (cps) xxx 4.0 4.0 xxx
EPS Growth xxx 24.5% - 29.7% xxx
DPS Growth xxx 92.3% 0.0% xxx
PE Ratio xxx N/A 11.3 xxx
Dividend Yield xxx N/A 11.8% xxx
Div Pay Ratio(%) xxx 93.7% 133.3% xxx

Dividend yield today if purchased 3 years ago: 9.76%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 11.76

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

Last ex-div: 28/02 - ex-div 2c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx4.3
DPS All xxxxxxxxxxxxxxx4.0
Sales/Revenue xxxxxxxxxxxxxxx236.8 M
Book Value Per Share xxxxxxxxxxxxxxx30.7
Net Operating Cash Flow xxxxxxxxxxxxxxx43.1 M
Net Profit Margin xxxxxxxxxxxxxxx3.87 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx13.82 %
Return on Invested Capital xxxxxxxxxxxxxxx12.04 %
Return on Assets xxxxxxxxxxxxxxx7.00 %
Return on Equity xxxxxxxxxxxxxxx13.82 %
Return on Total Capital xxxxxxxxxxxxxxx12.48 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx20.5 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx15 M
Long Term Debt xxxxxxxxxxxxxxx4 M
Total Debt xxxxxxxxxxxxxxx20 M
Goodwill - Gross xxxxxxxxxxxxxxx6 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx16 M
Price To Book Value xxxxxxxxxxxxxxx1.45

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx13.8 M
Capex % of Sales xxxxxxxxxxxxxxx5.84 %
Cost of Goods Sold xxxxxxxxxxxxxxx191 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx34 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 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

Morgans

28/08/2024

1

Speculative Buy

$0.55

61.76%

Mitchell Service' FY24 result was pre-reported so there were few surprises. Morgans trims its FY25 forecasts and valuation to reflect the current dip in rig utilisation.

The broker likes the growth optionality in the newly launched Loop coal mine decarbonisation business, although this looks longer-dated, while the balance sheet affords material optionality around growth versus ongoing shareholder returns, which look more likely.

FY25 is looking like a quieter period, reflecting some market softening, but Mitchell Services still looks far too cheap on all value measures, Morgans believes.

Target falls to 55c from 56c, Speculative Buy retained.

FORECAST
Morgans forecasts a full year FY25 dividend of 4.00 cents and EPS of 3.00 cents.
Morgans forecasts a full year FY26 dividend of 4.00 cents and EPS of 4.00 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

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
Access Extra Coverage Research History >

MSV STOCK CHART

FNArena News on MSV

1
In Brief: Light & Wonder, Codan, Mitchell Services & More

Sep 27 2024 - Weekly Reports
2
FNArena Corporate Results Monitor – 28-08-2024

Aug 28 2024 - Australia
3
FNArena Corporate Results Monitor – 23-02-2024

Feb 23 2024 - Australia
4
Rudi’s Views: August 2023 – Winners & Losers

Sep 13 2023 - Rudi's View
5
FNArena Corporate Results Monitor – 22-08-2023

Aug 22 2023 - Australia

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