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Magontec Limited (AU:MGL)
ASX:MGL
Australian Market
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Magontec Limited (MGL) AI Stock Analysis

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AU:MGL

Magontec Limited

(Sydney:MGL)

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Neutral 42 (OpenAI - Gpt-5.6Sol)
Rating:42Neutral
Price Target:
AU$0.23
▲(0.00% Upside)
Action:Reiterated
Date:08/22/26
The score is primarily held down by weak financial performance, driven by ongoing losses and deteriorating operating/free cash flow despite the 2025 revenue rebound, alongside higher debt in 2025. Technicals add caution with the price below key moving averages, only partly offset by oversold-type momentum readings. Valuation provides limited support because the negative P/E reflects loss-making operations and no dividend yield is available.
Positive Factors
2025 Revenue Rebound
The sharp 2025 revenue recovery demonstrates that demand can return after cyclical weakness, supporting the company’s relevance to industrial customers. If maintained, stronger sales provide a larger base from which management can improve utilization, margins, and operating leverage.
Negative Factors
Persistent Unprofitable Operations
The revenue rebound has not translated into durable profitability, indicating weak margin resilience and limited operating leverage. Continued negative EBIT, EBITDA, and net income reduce internal funding capacity and leave the business exposed if industrial demand weakens before margins recover.
Read all positive and negative factors
Positive Factors
Negative Factors
2025 Revenue Rebound
The sharp 2025 revenue recovery demonstrates that demand can return after cyclical weakness, supporting the company’s relevance to industrial customers. If maintained, stronger sales provide a larger base from which management can improve utilization, margins, and operating leverage.
Read all positive factors

Magontec Limited (MGL) vs. iShares MSCI Australia ETF (EWA)

Magontec Limited Business Overview & Revenue Model

Company Description
Magontec Limited, through its subsidiaries, focuses on the worldwide research, development, manufacturing, and sale of both common and specialized metal alloys, with operations spanning Asia, the Americas, Europe, and other international regions. ...
How the Company Makes Money
Magontec Limited makes money primarily by selling magnesium-based materials (e.g., magnesium alloys and related products) to industrial customers. Revenue is generated from (1) product sales tied to customer demand for lightweight metal components...

Magontec Limited Financial Statement Overview

Summary
Financial performance is weak overall: profitability has not recovered despite a strong 2025 revenue rebound (+43%), with negative EBIT/EBITDA and net losses continuing in 2024–2025. Cash flow is the key pressure point, as operating cash flow and free cash flow turned negative in 2024 and worsened further in 2025. The balance sheet is serviceable but risk has risen with sharply higher debt in 2025 alongside ongoing losses.
Income Statement
34
Negative
Balance Sheet
58
Neutral
Cash Flow
29
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue74.35M64.12M57.09M102.36M158.60M115.15M
Gross Profit5.24M1.24M9.55M9.38M38.59M19.23M
EBITDA-677.00K-4.71M-3.21M5.47M27.26M10.08M
Net Income-335.00K-5.40M-9.52M466.00K16.52M5.01M
Balance Sheet
Total Assets72.48M72.73M70.59M85.17M96.32M82.51M
Cash, Cash Equivalents and Short-Term Investments6.71M7.15M7.75M13.14M11.26M4.64M
Total Debt7.77M9.02M2.26M4.42M9.55M12.02M
Total Liabilities27.28M26.01M20.59M28.52M40.20M46.24M
Stockholders Equity45.20M46.72M50.00M56.65M56.13M36.27M
Cash Flow
Free Cash Flow-1.86M-6.12M-2.92M7.43M8.84M4.94M
Operating Cash Flow474.00K-3.52M-996.00K11.40M10.75M5.82M
Investing Cash Flow-2.21M-2.46M-1.94M-4.00M-1.78M-844.00K
Financing Cash Flow2.24M5.59M-2.85M-5.54M-2.35M-5.66M

Magontec Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.23
Price Trends
50DMA
0.21
Positive
100DMA
0.22
Positive
200DMA
0.22
Positive
Market Momentum
MACD
<0.01
Negative
RSI
63.14
Neutral
STOCH
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MGL, the sentiment is Positive. The current price of 0.23 is above the 20-day moving average (MA) of 0.22, above the 50-day MA of 0.21, and above the 200-day MA of 0.22, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 63.14 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MGL.

Magontec Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
49
Neutral
AU$18.08M-10.80-5.53%-7.41%
47
Neutral
AU$13.86M-0.43-152.86%203.53%10.13%
46
Neutral
AU$19.52M-13.19-26.29%76.73%
42
Neutral
AU$13.90M-39.34-0.73%3.48%24.21%94.92%
41
Neutral
AU$14.20M-3.21-20.54%-7.64%28.93%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MGL
Magontec Limited
0.24
0.04
20.00%
AU:VR8
Vanadium Resources Ltd.
0.03
-0.01
-32.50%
AU:WAK
WA Kaolin Ltd.
0.01
-0.03
-75.00%
AU:IND
Industrial Minerals Limited
0.12
-0.06
-33.33%
AU:CCM
FYI Resources Limited
0.03
>-0.01
-21.05%
AU:IG6
International Graphite Limited
0.05
>-0.01
-8.16%

Magontec Limited Corporate Events

Magontec Reshapes China Footprint and Shareholder Base in 2026 Half-Year Report
Aug 28, 2026
Magontec Limited has released its consolidated financial statements for the six months to 30 June 2026, formally approved by the board on 27 August 2026, and detailed the structure of its global operations across multiple wholly owned subsidiaries...
Magontec swings to profit as margins and cash flow strengthen in first half 2026
Aug 28, 2026
Magontec Limited reported a strong turnaround for the half year to 30 June 2026, with gross profit rising 63% to $8.5 million and gross margin improving to 21.7%. The anodes segment remained the main earnings driver, while the metals segment retur...
Magontec Lifts Half-Year Revenue and Returns to Profit but Holds Dividend
Aug 28, 2026
Magontec Limited reported a strong first half to 30 June 2026, with revenue from ordinary activities rising 33% year on year to $39.3 million and profit after tax attributable to members improving to $1.1 million, after a previously insignificant ...
Magontec Discloses Shareholdings as Director Zhong Jun Li Steps Down
Jul 27, 2026
Magontec Limited has announced that director Mr. Zhong Jun Li ceased to be a member of the board on 22 July 2026, triggering an ASX Final Director&#8217;s Interest Notice under listing rule 3.19A.3. The notice records that Li directly holds 28,232...
Magontec issues over 1 million unquoted performance rights under incentive scheme
Jul 1, 2026
Magontec Limited has notified the Australian Securities Exchange of the issue of 1,055,884 unquoted performance rights under its employee incentive scheme. The new securities, which will not be quoted on the ASX, were issued on 1 July 2026 as part...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 22, 2026