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Metal Powder Works Limited (MPW) AI Stock Analysis
Metal Powder Works Limited
(ASX:MPW)
The score is held down primarily by deteriorating financial performance—sharp revenue decline, deepening losses (including negative gross profit), and persistent negative operating/free cash flow with worsening burn in 2026. Technicals add further pressure with the price below key moving averages and negative MACD. Valuation is not supportive because the negative P/E is driven by losses and there is no dividend yield provided.
Metal Powder Works Limited (MPW) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 210.10M
- Dividend Yield
- ―
- Average Volume (3M)
- 104.17K
- Price to Earnings (P/E)
- -13.1
- Beta (1Y)
- 2.77
- Revenue Growth
- -9.99%
- EPS Growth
- -245.74%
- Country
- Australia
- Employees
- 355
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial - Machinery
Metal Powder Works Limited Business Overview & Revenue Model
Company Description
Metal Powder Works Limited produces metal powders for additive manufacturing and other advanced applications. Its powder portfolio includes aluminum and copper alloys, zirconium, titanium, and specialty alloys, such as CP-Ti and Zircaloy. The company...
Metal Powder Works Limited Financial Statement Overview
Summary
Overall financials are weak: revenue has trended down and fell sharply in 2026 (~-40% YoY), profitability deteriorated to deep losses with negative gross profit, and both operating cash flow and free cash flow are consistently negative with worsening cash burn in 2026. The main offset is relatively low leverage and improved (positive) equity in 2025–2026, but losses and cash consumption dominate.
Income Statement
12Very NegativeBalance Sheet
46NeutralCash Flow
18Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.74M | 1.65M | 1.60M | 2.21M | 3.10M | 3.70M |
| Gross Profit | -866.11K | -2.45M | 334.84K | 823.97K | 1.59M | -3.27M |
| EBITDA | -8.43M | -10.56M | -5.56M | -702.20K | -5.33M | -5.90M |
| Net Income | -11.27M | -12.38M | -6.19M | -1.15M | -6.43M | -5.96M |
Balance Sheet | ||||||
| Total Assets | 20.65M | 16.03M | 10.33M | 3.48M | 5.48M | 6.84M |
| Cash, Cash Equivalents and Short-Term Investments | 15.31M | 10.52M | 6.31M | 188.69K | 1.56M | 3.77M |
| Total Debt | 338.78K | 233.80K | 1.07M | 3.56M | 3.51M | 437.32K |
| Total Liabilities | 1.30M | 1.99M | 2.10M | 4.49M | 6.72M | 2.19M |
| Stockholders Equity | 19.35M | 14.05M | 8.22M | -1.01M | -1.23M | 4.65M |
Cash Flow | ||||||
| Free Cash Flow | -8.78M | -10.26M | -3.07M | -2.02M | -4.79M | -4.84M |
| Operating Cash Flow | -5.90M | -7.29M | -2.54M | -1.98M | -4.53M | -4.68M |
| Investing Cash Flow | -2.65M | -2.97M | -301.04K | 109.33K | -266.02K | -154.53K |
| Financing Cash Flow | 28.42M | 14.09M | 8.96M | 1.35M | 1.88M | 3.50M |
Metal Powder Works Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MPW, the sentiment is Negative. The current price of 1.40 is below the 20-day moving average (MA) of 1.59, below the 50-day MA of 1.66, and below the 200-day MA of 2.11, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 33.42 is Neutral, neither overbought nor oversold. The STOCH value of 22.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MPW.
Metal Powder Works Limited Peers Comparison
Overall Rating
AU:BIS76Outperform
AU:CAA76Outperform
AU:BRI58Neutral
AU:OMH51Neutral- AU:MPW42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:BIS | 76Outperform | AUD 198.07M | 11.71 | 22.20% | 9.12% | -10.61% | -14.62% |
| AU:CAA | 76Outperform | AUD 204.58M | 5.84 | 14.63% | 2.25% | 10.28% | 14.73% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:BRI | 58Neutral | AUD 100.31M | 19.91 | 4.34% | 3.74% | 5.27% | ― |
| AU:OMH | 51Neutral | AUD 171.97M | 3.58 | 7.74% | ― | -13.27% | ― |
| AU:MPW | 42Neutral | AUD 210.19M | -13.07 | -67.53% | ― | -9.99% | -245.74% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:MPW | Metal Powder Works Limited | 1.40 | -1.50 | -51.72% | |
| AU:BIS | Bisalloy Steel Group Ltd | 4.10 | -0.57 | -12.17% | |
| AU:OMH | OM Holdings Ltd. | 0.23 | -0.02 | -10.00% | |
| AU:BRI | Big River Industries Ltd. | 1.06 | -0.32 | -23.27% | |
| AU:CAA | Capral Limited | 13.02 | 2.06 | 18.82% |
Metal Powder Works Limited Corporate Events
Metal Powder Works Sets AGM to Advance Governance and Capital Flexibility
Metal Powder Works Limited, listed on the ASX and headquartered operationally in Pittsburgh, U.S., specialises in producing high-quality metal powders for additive manufacturing and advanced industrial uses. The company’s patented DirectPowder...
Metal Powder Works Hits Commercial Inflection Point With Embassy Deal and Capacity Push
Metal Powder Works Limited reported that its September quarter marked a commercial inflection point, with powder sales for production use rising to more than 80% of revenue and a cash balance of A$6.9 million. Active customers and pipeline leads incr...
Metal Powder Works Appoints Joint Company Secretaries as It Advances Additive Manufacturing Powders
Metal Powder Works Limited, listed on the ASX as MPW, operates a manufacturing base in Pittsburgh in the U.S. and specialises in high-quality metal powders for additive manufacturing and other advanced applications. The company’s patented Direc...
Metal Powder Works Secures First Long-Term Copper Supply Deal With Embassy
Metal Powder Works Limited has signed its first long-term sales agreement with Embassy Powdered Metals Inc., converting an initial August order into a two-year contract to supply pure copper powder for copper infiltration in press-and-sinter applicat...
Metal Powder Works Issues 300,000 Unquoted Performance Rights Under Employee Scheme
Metal Powder Works Limited has issued 300,000 unquoted performance rights under its employee incentive scheme, effective from September 16, 2026. The rights are subject to transfer restrictions and will not be quoted on the ASX until those restrictio...
Metal Powder Works Files Updated ASX Corporate Governance Statement
Metal Powder Works Limited has lodged its corporate governance statement for the year ended 30 June 2026 with the ASX, making the document available via its investor website in line with listing rule requirements. The statement, current as of 31 Augu...
Metal Powder Works Doubles Loss as Revenue Grows and Asset Backing Strengthens
Metal Powder Works Limited reported a 40.0% increase in revenues from ordinary activities to $469,324 for the year ended 30 June 2026, reflecting ongoing growth in its metal powders business despite a relatively modest sales base. The company did not...
Metal Powder Works to Wind Down Legacy Welding Arm as FY26 Loss Rises on Non-Cash Charge
Metal Powder Works Limited has released its audited financial statements and Annual Report for the year ended 30 June 2026, detailing the impact of a strategic shift toward its core metal powder operations. In line with this focus, the company has re...
MPW Wins U.S. Army Qualification for 6061 Aluminium Powder in Cold Spray Repairs
Metal Powder Works has had its 6061 aluminium powder qualified by the U.S. Army Combat Capabilities Development Command for production cold spray repairs, following testing by the University of Dayton Research Institute that showed performance superi...
Metal Powder Works issues cleansing notice for recent ASX securities
Metal Powder Works Limited has issued a cleansing statement to the ASX confirming that recently issued securities were offered without a prospectus under the Corporations Act disclosure exemptions. The company stated it is compliant with its financia...
Metal Powder Works Seeks ASX Quotation for Additional Shares
Metal Powder Works Limited, listed on the ASX under the code MPW, is an Australian company whose ordinary fully paid shares are traded on the local securities market. The company operates within the broader industrial and manufacturing sphere, with i...
Metal Powder Works Fast-Tracks Capacity Expansion on Growing Market Demand
Metal Powder Works is accelerating its capacity expansion program, bringing forward its target of approximately 800 metric tonnes of installed annual capacity from 2028 to the first half of 2027 after successful commercial-scale validation of its Nex...
Metal Powder Works to Brief Investors on June Quarter Progress
Metal Powder Works Limited, a specialty materials producer of high-quality metal powders for additive manufacturing and advanced industrial uses, is expanding its presence in the global advanced manufacturing market. From its manufacturing base in Pi...
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: Sep 06, 2026