MGL.AX
Price:
$0.21
Market Cap:
$11.96M
Magontec Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of generic and specialist alloys in Asia, the Americas, Europe, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and control systems for use in water storage vessels. It also recycles magnesium alloys. The company was formerly known as Advanced Magnesium Limited and changed its name to Magontec Limited in November 2011. Magontec Limited was founded in 1953 and is headquartered in Po...[Read more]
Industry
Industrial Materials
IPO Date
1988-04-29
Stock Exchange
ASX
Ticker
MGL.AX
According to Magontec Limited’s latest financial reports and current stock price. The company's current ROE is -16.78%. This represents a change of 120.29% compared to the average of -7.62% of the last 4 quarters.
The mean historical ROE of Magontec Limited over the last ten years is 1.73%. The current -16.78% ROE has changed -1067.04% with respect to the historical average. Over the past ten years (40 quarters), MGL.AX's ROE was at its highest in in the June 2022 quarter at 26.62%. The ROE was at its lowest in in the June 2009 quarter at -125.65%.
Average
1.73%
Median
0.48%
Minimum
-19.04%
Maximum
29.42%
Discovering the peaks and valleys of Magontec Limited 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 = 1.31%
Maximum Annual ROE = 29.42%
Minimum Annual Increase = -2413.96%
Minimum Annual ROE = -19.04%
| Year | ROE | Change |
|---|---|---|
| 2024 | -19.04% | -2413.96% |
| 2023 | 0.82% | -97.20% |
| 2022 | 29.42% | 113.12% |
| 2021 | 13.81% | -656.33% |
| 2020 | -2.48% | -43.78% |
| 2019 | -4.41% | -295.04% |
| 2018 | 2.26% | -145.31% |
| 2017 | -4.99% | -373.14% |
| 2016 | 1.83% | 1.31% |
| 2015 | 0.13% | -102.63% |
The current ROE of Magontec Limited (MGL.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
3.74%
5-year avg
4.51%
10-year avg
1.73%
Magontec Limited’s ROE is greater than OD6 Metals Limited (-34.59%), less than Reward Minerals Ltd (99.38%), greater than Buxton Resources Limited (-147.07%), greater than Enova Mining Limited (-18.00%), greater than Strike Resources Limited (-62.84%), greater than Ragnar Metals Limited (-2.79%), greater than Industrial Minerals Ltd (-13.41%), greater than Stavely Minerals Limited (-60.19%), greater than EMU NL (-568.13%), greater than Pantera Lithium Limited (-31.33%),
| Company | ROE | Market cap |
|---|---|---|
| -34.59% | $12.84M | |
| 99.38% | $10.97M | |
| -147.07% | $10.64M | |
| -18.00% | $11.05M | |
| -62.84% | $11.92M | |
| -2.79% | $11.85M | |
| -13.41% | $10.84M | |
| -60.19% | $9.59M | |
| -568.13% | $11.12M | |
| -31.33% | $10.42M |
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