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Metarock Group Limited (MYE) AI Stock Analysis
Metarock Group Limited
(ASX:MYE)
The score is supported primarily by a substantially improved balance sheet and stronger cash generation, but thin and volatile profitability limits financial strength. Mixed technical momentum and an elevated P/E ratio further reduce the overall rating.
Metarock Group Limited (MYE) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 202.30M
- Dividend Yield
- ―
- Average Volume (3M)
- 510.48K
- Price to Earnings (P/E)
- 105.6
- Beta (1Y)
- 0.96
- Revenue Growth
- 11.17%
- EPS Growth
- 34.78%
- Country
- Australia
- Employees
- 689
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Engineering & Construction
Metarock Group Limited Business Overview & Revenue Model
Company Description
Metarock Group Limited, headquartered in Mackay, Australia, offers a comprehensive range of mining, contracting, and training services. Established in 1996, the company primarily caters to underground longwall mining operations and supplies industria...
Metarock Group Limited Financial Statement Overview
Summary
Financial performance is improving overall: the balance sheet is materially stronger and cash flow has recovered, but profitability remains thin and historically volatile.
Income Statement
57NeutralBalance Sheet
74PositiveCash Flow
69Positive| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 237.70M | 237.70M | 213.82M | 294.39M | 514.21M | 452.70M |
| Gross Profit | 25.38M | 25.38M | 13.58M | 234.95M | 1.47M | 11.00K |
| EBITDA | 12.79M | 12.79M | 11.73M | 49.12M | -38.70M | 17.31M |
| Net Income | 1.91M | 1.91M | 1.71M | 39.64M | -74.01M | -12.56M |
Balance Sheet | ||||||
| Total Assets | 125.82M | 125.82M | 107.48M | 117.95M | 226.96M | 299.15M |
| Cash, Cash Equivalents and Short-Term Investments | 47.22M | 47.22M | 30.42M | 26.04M | 12.90M | 5.23M |
| Total Debt | 3.34M | 3.34M | 5.14M | 7.22M | 71.93M | 101.34M |
| Total Liabilities | 49.13M | 49.13M | 33.50M | 44.37M | 194.20M | 215.97M |
| Stockholders Equity | 76.69M | 76.69M | 73.97M | 73.58M | 32.76M | 83.19M |
Cash Flow | ||||||
| Free Cash Flow | 18.19M | 18.19M | 13.07M | 12.78M | -30.14M | -21.38M |
| Operating Cash Flow | 20.29M | 20.29M | 16.91M | 17.00M | -383.00K | 20.44M |
| Investing Cash Flow | -1.34M | -1.34M | -3.40M | 67.51M | -9.57M | -54.24M |
| Financing Cash Flow | -2.14M | -2.14M | -9.12M | -71.38M | 17.62M | 14.64M |
Metarock Group Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MYE, the sentiment is Positive. The current price of 0.66 is below the 20-day moving average (MA) of 0.69, below the 50-day MA of 0.69, and above the 200-day MA of 0.37, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 46.93 is Neutral, neither overbought nor oversold. The STOCH value of 78.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MYE.
Metarock Group Limited Peers Comparison
Overall Rating
AU:YAL74Outperform
AU:WHC69.6Neutral
AU:NHC62Neutral- AU:MYE62Neutral
AU:SMR57Neutral
AU:TER40Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:YAL | 74Outperform | AUD 8.08B | 27.46 | 3.26% | 3.14% | -1.15% | -69.35% |
| AU:WHC | 70Neutral | AUD 6.36B | 16.50 | 6.64% | 1.28% | -7.39% | -39.72% |
| AU:NHC | 62Neutral | AUD 5.01B | 30.55 | 6.17% | 7.58% | 0.19% | -63.33% |
| AU:MYE | 62Neutral | AUD 202.30M | 105.64 | 2.51% | ― | 11.17% | 34.78% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:SMR | 57Neutral | AUD 2.30B | -40.22 | -2.42% | 4.60% | -6.27% | -1593.02% |
| AU:TER | 40Underperform | AUD 61.97M | -0.92 | -37.07% | ― | -21.07% | -150.50% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:MYE | Metarock Group Limited | 0.66 | 0.53 | 415.75% | |
| AU:NHC | New Hope Corporation Limited | 5.94 | 2.05 | 52.70% | |
| AU:WHC | Whitehaven Coal Limited | 7.81 | 0.68 | 9.49% | |
| AU:YAL | Yancoal Australia Ltd. | 6.12 | 0.68 | 12.56% | |
| AU:SMR | Stanmore Resources Ltd | 2.55 | 0.50 | 24.63% | |
| AU:TER | TerraCom Limited | 0.03 | -0.05 | -58.54% |
Metarock Group Limited Corporate Events
Mastermyne Co-Founder and Non-Executive Director Andrew Watts to Retire from Board
Mastermyne Group Limited has announced that co-founder and Non-Executive Director Andrew Watts will retire from the board following the company’s Annual General Meeting on 16 November 2026, marking the end of a 30-year tenure in which he helped...
Mastermyne adds new shares to ASX register following securities conversion
Mastermyne Group Limited has applied for quotation of an additional 25,908 ordinary fully paid shares on the Australian Securities Exchange, to be issued on 20 October 2026. The modest increase in quoted securities expands the company’s share c...
Metarock Discloses New Director Appointment and Shareholding Details
Metarock Group Limited has announced the appointment of Gerhardus Redelinghuys as a director effective 1 September 2026, formalising his role on the company’s board. The filing also discloses his indirect holding of 908,596 fully paid ordinary...
Mastermyne adds veteran resources executive to board to support growth strategy
Mastermyne Group Limited has appointed experienced resources executive Gerhard Redelinghuys as an independent non-executive director, effective 1 September 2026. Redelinghuys brings more than three decades of experience across mining operations, proj...
Mastermyne lifts earnings and order book on coal contract momentum
Mastermyne, part of Metarock Group Limited, is Australia’s leading underground coal mining solutions partner, supplying mining services, labour solutions and strata consolidation products to major coal producers. The company’s exclusive d...
Mastermyne Returns to Growth With Strong FY26 Results and Expanding Contract Pipeline
Mastermyne reported a strong rebound in FY26, with revenue rising 13% to $237.7 million and underlying EBITDA up 47% to $20.3 million, both beating guidance, while underlying NPBT surged 148% to $15.7 million and net cash climbed 60% to $46.5 million...
Mastermyne Strengthens Market-Leading Role in Underground Coal Services
Mastermyne Group Limited has reinforced its position as a market-leading provider of underground coal mining solutions across Australia’s major coal basins. Through the Mastermyne and Wilson Mining brands, the company delivers mining services,...
Metarock (Mastermyne) Files Updated Corporate Governance Statement with ASX
Metarock Group Limited, operating under the Mastermyne Group Limited name in this filing, is an ASX-listed mining services contractor focused on underground coal and resources projects in Australia. It provides specialist mining and production suppor...
Metarock boosts underlying profit but withholds dividend to fund growth
Metarock Group Limited reported a strong uplift in underlying performance for the year to 30 June 2026, with revenue from continuing operations rising 13% to $237.7 million and underlying profit after tax from continuing operations surging 186% to $1...
Mastermyne Seeks ASX Quotation for Additional Ordinary Shares
Mastermyne Group Limited has applied for the quotation of 114,368 new ordinary fully paid shares on the Australian Securities Exchange, with the securities issued on 17 August 2026. The additional shares, arising from the exercise or conversion of ex...
Mastermyne wins up to $255m Dendrobium mining services contract
Mastermyne Group Limited has expanded its role at GM3’s Dendrobium underground metallurgical coal mine in New South Wales through a new mining services contract, reinforcing its presence in Australia’s east coast coal basins. The deal bui...
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: Oct 21, 2026