MEGAPORT LIMITED (MP1)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

MP1 - MEGAPORT LIMITED

FNArena Sector : Cloud services
Year End: June
GICS Industry Group : Software & Services
Debt/EBITDA: 1.19
Index: ASX200 | ASX300 | ALL-ORDS | ALL-TECH

Megaport is an Australian technology company providing Elastic Interconnection services using Software Defined Networking to connect customers to cloud services and third party data centres worldwide. Megaport was founded in 2013 and listed in 2015.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$13.55

03 May
2024

0.240

OPEN

$13.50

1.80%

HIGH

$13.67

326,899

LOW

$13.45

TARGET
$15.158 11.9% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
3DP . AIM . BTH . DSE . DUB . DUG . ERD . FCL . FCT . GDC . LVT . MAQ . NXT . RCL . SDR . SOV . TNE . WTC . XPN .
FNARENA'S MARKET CONSENSUS FORECASTS
MP1: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx N/A 9.9 xxx
DPS (cps) xxx N/A 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 136.6 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: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

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 © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-6.2
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx153.1 M
Book Value Per Share xxxxxxxxxxxxxxx80.7
Net Operating Cash Flow xxxxxxxxxxxxxxx8.2 M
Net Profit Margin xxxxxxxxxxxxxxx-6.38 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-7.24 %
Return on Invested Capital xxxxxxxxxxxxxxx-6.67 %
Return on Assets xxxxxxxxxxxxxxx-4.63 %
Return on Equity xxxxxxxxxxxxxxx-7.24 %
Return on Total Capital xxxxxxxxxxxxxxx-12.30 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-9.4 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx11 M
Long Term Debt xxxxxxxxxxxxxxx9 M
Total Debt xxxxxxxxxxxxxxx20 M
Goodwill - Gross xxxxxxxxxxxxxxx22 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx48 M
Price To Book Value xxxxxxxxxxxxxxx8.95

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx32.8 M
Capex % of Sales xxxxxxxxxxxxxxx21.42 %
Cost of Goods Sold xxxxxxxxxxxxxxx147 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx26 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

30/04/2024

3

Hold

$13.50

-0.37%

Morgans has pushed out its sales ramp-up forecast for Megaport and trimmed earnings forecasts following the company's mixed 3Q trading update.

Apart from annual recurring revenue (ARR), most metrics tracked lower quarter-on-quarter and were below long-term averages, notes the broker. Ports added were the weakest on record and customer additions were slow. 

The analyst believes the share price acceleration over the last year mostly related to cost control and the next catalyst should come from an acceleration in the rate of sales.

While the broker remains convinced this acceleration will occur, the exact timing is hard to forecast.

Morgans retains its $13.50 target and Hold rating.

FORECAST
Morgans forecasts a full year FY24 dividend of 0.00 cents and EPS of 9.00 cents.
Morgans forecasts a full year FY25 dividend of 0.00 cents and EPS of 15.00 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

MP1 STOCK CHART

FNArena News on MP1

1
Rudi’s View: Selective Opportunities Among Discounted REITs

Mar 20 2024 - Rudi's View
2
Rudi’s View: Investing Is About The Future

Mar 06 2024 - Rudi's View
3
Australian Broker Call *Extra* Edition – Mar 01, 2024

Mar 01 2024 - Daily Market Reports
4
FNArena Corporate Results Monitor – 21-02-2024

Feb 21 2024 - Australia
5
Australian Broker Call *Extra* Edition – Feb 09, 2024

Feb 09 2024 - Daily Market Reports

Latest Cloud services News

1
Solid Support For WiseTech Global Shares

Apr 30 2024 - Technicals
2
NextDC And The AI Boom

Mar 06 2024 - Australia
3
Resistance No More For NextDC

Feb 20 2024 - Technicals
4
NextDC Invests For Megatrend Megademand

Sep 06 2023 - Australia
5
Research To Download: Pharma & Biotech, Pointerra, Rent.com.au, & More

Aug 09 2023 - FYI
6
Prospects Brighten Further For NextDC 

Apr 17 2023 - Australia
7
Adveritas, The Next Foreign Target?

Jan 19 2023 - Small Caps
8
Buy Signal For WiseTech

Nov 01 2022 - Technicals
9
Treasure Chest: NextDC

Nov 01 2022 - Treasure Chest
10
Supply Constraints FY23 Headwind for NextDC

Sep 06 2022 - Australia