How to buy Mitchell Services shares | A$0.53

Mitchell Services Limited is an other industrial metals & mining business based in Australia. Mitchell Services shares (MSV) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.53 – an increase of 3.92% over the previous week. Mitchell Services has a trailing 12-month revenue of around $175.6 million.

How to buy shares in Mitchell Services

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Mitchell Services . Find the share by name or ticker symbol: MSV. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Mitchell Services reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.53, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Mitchell Services . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Mitchell Services 's share price?

Since the stock market crash in March caused by coronavirus, Mitchell Services 's share price has had significant negative movement.

Its last market close was $0.53, which is 18.46% down on its pre-crash value of $0.65 and 103.85% up on the lowest point reached during the March crash when the shares fell as low as $0.26.

If you had bought $1,000 worth of Mitchell Services shares at the start of February 2020, those shares would have been worth $483.87 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $854.84.

Mitchell Services share price

Use our graph to track the performance of MSV stocks over time.

Mitchell Services shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.53
52-week range	AUDA$0.26 - AUDA$0.67
50-day moving average	AUDA$0.5131
200-day moving average	AUDA$0.4921
Target price	AUDA$0.06
PE ratio	13.1579
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.038

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Mitchell Services stock?

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.

Technical Analysis of Mitchell Services Limited by TradingView

Mitchell Services price performance over time

Historical closes compared with the close of A$0.53 on 2020-10-22

1 week (2020-10-16)	3.92%
1 month (2020-09-25)	6.00%
3 months (2020-07-24)	-4.50%
6 months (2020-04-24)	43.24%

1 year (2019-10-24)	-7.02%
2 years (2018-10-24)	15.22%
3 years (2017-10-24)	26.19%
5 years (2015-10-23)	157.28%

Is Mitchell Services under- or over-valued?

Valuing Mitchell Services stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Mitchell Services 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Mitchell Services 's P/E ratio

Mitchell Services 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Mitchell Services shares trade at around 13x 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.

Mitchell Services 's EBITDA

Mitchell Services 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $30.4 million.

The EBITDA is a measure of a Mitchell Services 's overall financial performance and is widely used to measure a its profitability.

Mitchell Services financials

Revenue TTM	$175.6 million
Operating margin TTM	4.91%
Gross profit TTM	$67.5 million
Return on assets TTM	5.08%
Return on equity TTM	15.16%
Profit margin	4.1%
Book value	0.288
Market capitalisation	$103.5 million

TTM: trailing 12 months

Mitchell Services share dividends

Dividend payout ratio: 36.67% of net profits

Recently Mitchell Services has paid out, on average, around 36.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Mitchell Services shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Mitchell Services 's case, that would currently equate to about A$N/A per share.

While Mitchell Services 's payout ratio might seem fairly standard, it's worth remembering that Mitchell Services may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 28 June 2020 (the "ex-dividend date").

Have Mitchell Services 's shares ever split?

Mitchell Services 's shares were split on a 1:10 basis on 6 February 2020. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Mitchell Services shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Mitchell Services shares which in turn could have impacted Mitchell Services 's share price.

Mitchell Services share price volatility

Over the last 12 months, Mitchell Services 's shares have ranged in value from as little as $0.26 up to $0.67. 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 Mitchell Services 's is 1.4982. This would suggest that Mitchell Services 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Mitchell Services overview

Mitchell Services Limited, together with its subsidiaries, provides exploration and mine site drilling services to the exploration, mining, and energy industries, primarily in Australia. It offers coal exploration, mineral exploration, mine services, large diameter, coal seam gas, directional drilling services, coal mine gas drainage, and wireline services. The company was formerly known as Drill Torque Limited and changed its name to Mitchell Services Limited in December 2013. Mitchell Services Limited was founded in 1969 and is headquartered in Seventeen Mile Rocks, Australia.

Frequently asked questions

• What percentage of Mitchell Services is owned by insiders or institutions?

  Currently 47.898% of Mitchell Services shares are held by insiders and 1.537% by institutions.

• When does the fiscal year end for Mitchell Services ?

  Mitchell Services 's fiscal year ends in June.

• Where is Mitchell Services based?

  Mitchell Services 's address is: 112 Bluestone Circuit, Seventeen Mile Rocks, QLD, Australia, 4073

• What is Mitchell Services 's ISIN number?

  Mitchell Services 's international securities identification number is: AU000000MSV6