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Midway Limited is a lumber & wood production business based in Australia. Midway shares (MWY) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Midway has a trailing 12-month revenue of around $264.2 million..
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52-week range | $0.7 - $1.895 |
---|---|
50-day moving average | $0.8886 |
200-day moving average | $0.9453 |
Target price | $3.78 |
PE ratio | 5.8667 |
Dividend yield | $0.18 (19.35%) |
Earnings per share (TTM) | $0.148 |
Standard brokerage - Australian shares
Competitive broker fees on Australian and international shares
Important: Share trading carries risk of capital loss.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the close of A$0.845 on 2021-01-25
1 week (2021-01-18) | 3.05% |
---|---|
1 month (2020-12-24) | -7.14% |
3 months (2020-10-23) | -29.58% |
6 months (2020-07-24) | 6.96% |
1 year (2020-01-24) | -55.53% |
---|---|
2 years (2019-01-25) | -74.39% |
3 years (2018-01-25) | -65.79% |
5 years (2016-01-22) | N/A |
Valuing Midway stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Midway 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Midway 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Midway shares trade at around 6x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Midway 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $11.5 million.
The EBITDA is a measure of a Midway 's overall financial performance and is widely used to measure a its profitability.
Revenue TTM | $264.2 million |
---|---|
Gross profit TTM | $97.4 million |
Return on assets TTM | -0.38% |
Return on equity TTM | -8.6% |
Profit margin | -4.55% |
Book value | 1.469 |
Market capitalisation | $73.8 million |
TTM: trailing 12 months
We're not expecting Midway to pay a dividend over the next 12 months.
Over the last 12 months, Midway 's shares have ranged in value from as little as $0.7 up to $1.895. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Midway 's is 0.6422. This would suggest that Midway 's shares are less volatile than average (for this exchange).
Midway Limited, together with its subsidiaries, processes, sells, markets, and exports woodfibre to the pulp and paper industries in Australia, Japan, China, and South East Asia. It operates through Wood Processing, Forestry Logistics, and Plantation Management segments. The company offers hardwood and softwood woodchips, as well as biomass woodchips and sawdust. It also provides planation management services; and support services to third parties engaged in growing woodfibre, including harvest, infield chipping, and haulage. In addition, the company markets third party wood fiber. The company was founded in 1980 and is headquartered in North Geelong, Australia.
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