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MLG Oz Ltd
(Sydney:MLG)
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Rating:67Neutral
Price Target:
AU$0.77
▲(2.00% Upside)
Action:Reiterated
Date:08/21/26
The score is driven primarily by improving financial performance with strong revenue growth, offset by thin margins, rising leverage, and uneven cash-flow trends. Technicals are supportive with positive momentum but show signs of being extended. Valuation is a clear positive, with a low P/E and a modest dividend yield.
Positive Factors
Strong Revenue Growth
Sustained revenue expansion indicates that MLG is winning or retaining enough resource-sector work to enlarge its operating base. Continued growth can improve equipment utilisation, spread fixed costs across more activity, and support earnings growth if contract economics remain disciplined.
Negative Factors
Thin Profit Margins
Low margins leave limited protection if operating costs rise or contract execution weakens. The earlier near-breakeven result also shows that profitability has not been consistently robust, so modest adverse changes in activity or cost control could materially affect earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
Sustained revenue expansion indicates that MLG is winning or retaining enough resource-sector work to enlarge its operating base. Continued growth can improve equipment utilisation, spread fixed costs across more activity, and support earnings growth if contract economics remain disciplined.
Read all positive factors
MLG Oz Ltd (MLG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$113.04M
Dividend Yield3.62%
Average Volume (3M)132.28K
Price to Earnings (P/E)7.8
Beta (1Y)1.07
Revenue Growth3.89%
EPS Growth13.76%
CountryAU
Employees947
SectorBasic Materials
Sector Strength58
IndustryEngineering & Construction
Share Statistics
EPS (TTM)0.09
Shares Outstanding160,337,160
10 Day Avg. Volume64,149
30 Day Avg. Volume132,279
Financial Highlights & Ratios
PEG Ratio0.29
Price to Book (P/B)0.74
Price to Sales (P/S)0.21
P/FCF Ratio3.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.20Price Target Upside60.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.13
Revenue Forecast (FY)AU$591.37M
MLG Oz Ltd Business Overview & Revenue Model
Company Description
Operating across Western Australia and the Northern Territory, MLG Oz Limited is a key provider of comprehensive services to mine sites. The company delivers a wide array of mine site and bulk haulage solutions, covering crusher feed, road and veh...
How the Company Makes Money
MLG makes money by contracting with resource companies (primarily mining operators) to deliver a range of site-based and logistics services required to develop and operate mines. Key revenue streams include: (1) Mining services contracts for haula...
MLG Oz Ltd Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
62
Positive
Cash Flow
55
Neutral
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 561.44M | 548.30M | 474.85M | 375.21M | 286.84M |
| Gross Profit | 217.57M | 186.72M | 148.54M | 132.66M | 285.82M |
| EBITDA | 73.69M | 66.10M | 55.29M | 28.07M | 30.04M |
| Net Income | 14.46M | 12.13M | 10.96M | 809.66K | 4.81M |
Balance Sheet | |||||
| Total Assets | 341.95M | 319.26M | 293.41M | 246.15M | 254.64M |
| Cash, Cash Equivalents and Short-Term Investments | 9.79M | 9.24M | 5.86M | 143.73K | 209.79K |
| Total Debt | 96.27M | 75.64M | 67.74M | 60.89M | 68.53M |
| Total Liabilities | 182.37M | 174.09M | 162.58M | 128.04M | 138.30M |
| Stockholders Equity | 159.59M | 145.18M | 130.83M | 118.12M | 116.34M |
Cash Flow | |||||
| Free Cash Flow | 36.12M | 33.90M | 37.80M | 14.44M | 21.56M |
| Operating Cash Flow | 51.91M | 57.84M | 57.60M | 32.71M | 33.67M |
| Investing Cash Flow | -15.31M | -23.09M | -18.73M | 354.53K | -10.95M |
| Financing Cash Flow | -36.05M | -31.38M | -27.26M | -38.55M | -32.66M |
MLG Oz Ltd Technical Analysis
Negative
0.75
Price Trends
0.80
Negative
0.76
Negative
0.80
Negative
Market Momentum
-0.02
Positive
33.25
Neutral
13.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MLG, the sentiment is Negative. The current price of 0.75 is below the 20-day moving average (MA) of 0.76, below the 50-day MA of 0.80, and below the 200-day MA of 0.80, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 33.25 is Neutral, neither overbought nor oversold. The STOCH value of 13.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MLG.
MLG Oz Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | AU$113.04M | 7.82 | 9.24% | 3.62% | 3.89% | 13.76% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | AU$245.58M | -34.04 | -4.08% | ― | ― | -76.87% | |
48 Neutral | AU$104.91M | -66.67 | -3.40% | ― | -100.00% | -700.00% | |
46 Neutral | AU$116.41M | -30.00 | -20.92% | ― | ― | -150.00% | |
44 Neutral | AU$72.77M | -4.47 | -94.93% | ― | ― | -1766.67% | |
43 Neutral | AU$162.27M | -31.93 | -7.53% | ― | ― | -20.20% |
* Basic Materials Sector Average
AU:MLG
MLG Oz Ltd
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Global Lithium Resources Ltd.
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107.14%
MLG Oz Ltd Corporate Events
MLG Oz moves 2026 AGM and shareholder communications fully online
Oct 27, 2026
MLG Oz Limited has invited shareholders to its 2026 Annual General Meeting, which will be held as a virtual event via live webcast on 26 November 2026 at 10:00am AWST, allowing investors to watch proceedings, ask questions and cast votes online. T...
MLG Oz Files 2026 Corporate Governance Statement with ASX
Oct 22, 2026
MLG Oz Limited has released its Corporate Governance Statement for the financial year ended 30 June 2026, confirming board approval and lodging the required Appendix 4G with the ASX. The statement, available on the company’s website, details...
MLG Oz Releases 2026 Annual Report Detailing Operations and Governance
Oct 22, 2026
MLG Oz Ltd has released its annual report for the year ended 30 June 2026, outlining chair and CEO commentary, sustainability initiatives, and detailed financial statements. The report highlights the company’s performance across its civil an...
MLG Oz sets date and director nomination deadline for 2026 AGM
Sep 17, 2026
MLG Oz Ltd has scheduled its 2026 Annual General Meeting for 26 November 2026 at 10:00am AWST, to be conducted via live webcast, with access details to be released closer to the date. The company has also set a deadline of 24 September 2026 for re...
MLG Oz Wins $48m Extension at Ora Banda’s Davyhurst Gold Mine
Sep 10, 2026
MLG Oz Limited has secured a new three-year contract, with an optional fourth year, to extend its services at Ora Banda Mining’s Davyhurst Gold Project in Western Australia, expected to generate about $16 million in annual revenue. The agree...
MLG Oz Delivers Double-Digit Profit Growth in FY2026
Aug 19, 2026
MLG Oz Ltd reported a strong financial performance for the year ended 30 June 2026, with pro-forma revenue rising 3.9% to $561.4 million and statutory revenue of $567.0 million. EBITDA increased 14.2% to $75.5 million, lifting the margin to 13.4%,...
MLG Oz lifts profits and margins in FY2026 as fleet investment pays off
Aug 19, 2026
MLG Oz has reported a strong financial performance for the year to 30 June 2026, with statutory revenue rising 3.4% to $567.0 million and statutory NPAT up 19.2% to $14.5 million. Pro forma NPAT climbed 34.7% to $16.3 million and EBITDA reached $7...
MLG Oz Announces Full-Year Dividend for FY2026
Aug 19, 2026
MLG Oz Limited has declared a full-year dividend of A$0.013 per ordinary fully paid share for the 12 months ended 30 June 2026, signalling a return of capital to shareholders from its latest financial period. The distribution will trade ex-dividen...
MLG Oz Delivers Higher Profit on Modest Revenue Growth in 2026
Aug 19, 2026
MLG Oz Ltd has reported revenue from ordinary activities of $567.0 million for the year ended 30 June 2026, a 3.4% increase on the prior year. Profit from ordinary activities after tax attributable to shareholders rose 19.2% to $14.5 million, indi...
MLG Oz in joint venture to deliver mining and civil services on Marlinyu Ghoorlie country
Aug 2, 2026
MLG Oz has formed an incorporated joint venture with Marlinyu Ghoorlie Enterprises to deliver mining and civil services on Marlinyu Ghoorlie country in Western Australia. The new entity, owned equally and governed by a joint board with MLG as mana...
MLG Oz Sets Date for Interactive End-of-Year Results Webinar
Jul 29, 2026
MLG Oz Ltd has scheduled an end-of-year financial results briefing webinar for shareholders, investors and media on 20 August 2026, with its chief executive and chief financial officer presenting the update. The digital event, which will allow par...
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.