MAXIPARTS LIMITED (MXI)
Share Price Analysis and Chart

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MXI - MAXIPARTS LIMITED

FNArena Sector : Automobiles & Components
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 2.96
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.83

29 Nov
2024

-0.040

OPEN

$1.83

-2.14%

HIGH

$1.87

23,800

LOW

$1.83

TARGET
$2.60 42.1% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AMA . AOV . APE . ARB . ASG . BAP . CAR . IFM . MTO . PWH . PWR . RPM . SFC . SNL . SUL . VMT .
FNARENA'S MARKET CONSENSUS FORECASTS
MXI: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 5.3 15.0 xxx
DPS (cps) xxx 5.1 6.0 xxx
EPS Growth xxx - 57.4% 100.0% xxx
DPS Growth xxx - 19.6% 16.7% xxx
PE Ratio xxx N/A 12.2 xxx
Dividend Yield xxx N/A 3.3% xxx
Div Pay Ratio(%) xxx 97.2% 40.0% xxx

Dividend yield today if purchased 3 years ago: 1.44%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.81

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 2.57c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx5.3
DPS All xxxxxxxxxxxxxxx5.1
Sales/Revenue xxxxxxxxxxxxxxx243.9 M
Book Value Per Share xxxxxxxxxxxxxxx181.4
Net Operating Cash Flow xxxxxxxxxxxxxxx10.6 M
Net Profit Margin xxxxxxxxxxxxxxx2.30 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx6.10 %
Return on Invested Capital xxxxxxxxxxxxxxx3.88 %
Return on Assets xxxxxxxxxxxxxxx2.90 %
Return on Equity xxxxxxxxxxxxxxx6.10 %
Return on Total Capital xxxxxxxxxxxxxxx9.13 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx7.0 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 xxxxxxxxxxxxxxx9 M
Long Term Debt xxxxxxxxxxxxxxx59 M
Total Debt xxxxxxxxxxxxxxx68 M
Goodwill - Gross xxxxxxxxxxxxxxx38 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx14 M
Price To Book Value xxxxxxxxxxxxxxx1.08

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx1.4 M
Capex % of Sales xxxxxxxxxxxxxxx0.57 %
Cost of Goods Sold xxxxxxxxxxxxxxx217 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx13 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

Ord Minnett

22/11/2024

1

Buy

$2.60

42.08%

Following MaxiPARTS's trading update, Ord Minnett retains its $2.60 target price, noting a slowdown in volumes on the East Coast, partially offset by continued strength in the West Coast market.

The near-term outlook appears mixed, concede the analysts, but management anticipates further improvements in financial metrics for FY25.

The broker expects medium-term growth rates to recover to mid-single digits, compared to the current low single-digit levels.

Ord Minnett maintains a Buy rating.

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 6.00 cents and EPS of 15.00 cents.
Ord Minnett forecasts a full year FY26 dividend of 7.00 cents and EPS of 17.00 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

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

Canaccord Genuity

02/09/2024

1

Buy

$2.50

36.61%

FY24 underlying profit (NPBT) of $10.3m for MaxiPARTS came in ahead of the guidance range of $9.6-10.1m in a year of acquisition-led expansion, highlights Canaccord Genuity.

The performance of recently acquired WA-based Independent Parts and Forch Australia in Brisbane met expectations, notes the broker.

Cash flow conversion rebounded strongly in the 2H, and the analyst expects the FY25 net debt position will improve to $5.1m from $15.9m in FY24.

Buy rating retained and the target lowered to $2.50 from $2.62.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 6.60 cents and EPS of 15.50 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 7.90 cents and EPS of 18.80 cents.
Access Extra Coverage Research History >

MXI STOCK CHART

FNArena News on MXI

1
Australian Broker Call *Extra* Edition – Sep 02, 2024

Sep 02 2024 - Daily Market Reports
2
FNArena Corporate Results Monitor – 26-08-2024

Aug 26 2024 - Australia
3
Rudi’s View: Winners Are Winning For Longer

Jun 05 2024 - Rudi's View
4
Weekly Ratings, Targets, Forecast Changes – 24-05-24

May 27 2024 - Weekly Reports
5
Australian Broker Call *Extra* Edition – May 21, 2024

May 21 2024 - Daily Market Reports

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