MCE.AX
Price:
$0.25
Market Cap:
$55.92M
Matrix Composites & Engineering Ltd, together with its subsidiaries, designs, engineers, manufactures, and sells composite and material technology solutions to the oil and gas, civil and infrastructure, resources, defense, and transportation industries in Australia and internationally. It offers autonomous underwater vehicles/unmanned underwater vehicles buoyancy, distributed buoyancy module systems, drill riser buoyancy systems, matrix longitudinal groove system (LGS) riser buoyancy system, and Matrix LGS surf systems, as well as Matrix MarineShield, a wraparound corrosion protection system for the preservation of pipelines, risers, piles, and other critical field infrastructure. The compan...[Read more]
Industry
Engineering & Construction
IPO Date
2009-11-15
Stock Exchange
ASX
Ticker
MCE.AX
According to Matrix Composites & Engineering Ltd’s latest financial reports and current stock price. The company's current ROE is -7.26%. This represents a change of 38.45% compared to the average of -0.02% of the last 4 quarters.
The mean historical ROE of Matrix Composites & Engineering Ltd over the last ten years is 105.34%. The current -7.26% ROE has changed -106.89% with respect to the historical average. Over the past ten years (40 quarters), MCE.AX's ROE was at its highest in in the June 2021 quarter at 731.83%. The ROE was at its lowest in in the June 2020 quarter at -208.74%.
Average
105.34%
Median
-4.57%
Minimum
-281.76%
Maximum
975.68%
Discovering the peaks and valleys of Matrix Composites & Engineering Ltd ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 2.92%
Maximum Annual ROE = 975.68%
Minimum Annual Increase = -446.28%
Minimum Annual ROE = -281.76%
| Year | ROE | Change |
|---|---|---|
| 2025 | -7.56% | -164.34% |
| 2024 | 11.76% | -63.76% |
| 2023 | 32.44% | -91.14% |
| 2022 | 366.26% | -62.46% |
| 2021 | 975.68% | -446.28% |
| 2020 | -281.76% | 2.92% |
| 2019 | -9.33% | -39.73% |
| 2018 | -15.48% | -8.97% |
| 2017 | -17.01% | 973.68% |
| 2016 | -1.58% | -160.08% |
The current ROE of Matrix Composites & Engineering Ltd (MCE.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
12.21%
5-year avg
275.71%
10-year avg
105.34%
Matrix Composites & Engineering Ltd’s ROE is less than Boom Logistics Limited (17.82%), greater than Dynamic Group Holdings Limited (-41.23%), less than LaserBond Limited (9.63%), less than Veris Limited (5.85%), greater than Aquirian Limited (-28.87%), less than Verbrec Limited (16.80%), greater than Coventry Group Ltd (-23.46%), less than Wiseway Group Limited (12.39%), less than HiTech Group Australia Limited (57.19%), less than EVZ Limited (3.60%),
| Company | ROE | Market cap |
|---|---|---|
| 17.82% | $67.97M | |
| -41.23% | $40.09M | |
| 9.63% | $72.20M | |
| 5.85% | $37.87M | |
| -28.87% | $40.53M | |
| 16.80% | $47.89M | |
| -23.46% | $67.89M | |
| 12.39% | $43.73M | |
| 57.19% | $67.68M | |
| 3.60% | $26.69M |
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How does the current ROE for Matrix Composites & Engineering Ltd (MCE.AX) compare to its historical average?