Obermatt
See Similar Stocks →

MGX Resources

ASX:MGX · AU000000MGX7
Metals & MiningSmall

360

74
Medium confidence — indicative
EV / EBIT96
Price / Owner Earnings7
Owner Earnings Yield95
Dividend Yield1
Price/Sales19
Price/Book57
Return on Capital9
Cash Return on Capital75
Return on Equity18
EBIT Margin5
Gross Profitability13
Accruals94
Owner Earnings Margin85
Sales growth—
Profit growth—
Reinvestment83
Price momentum80
Debt load91
Refinancing1
Debt Payback100
Liquidity4
Analyst ratings15
Expectations trend50
Market mood1
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

MGX Resources clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryAustralia
IndustryMetals & Mining
SizeSmall
TypePublic Company
ExchangeASX
Founded1996
Employees178
Websitemgx.com.au
ISINAU000000MGX7
Last UpdateApr 2, 2026
Index & Theme
Mining TechnologyMiningPrecious Metals

Description

MGX Resources Limited (MGX Resources), together with its subsidiaries, engages in the mining, crushing, processing, shipment, sale, and export of hematite iron ore in Australia and China. Business Segments The company operates through distinct busi…

Analysis

Middle-of-the-road

MGX Resources Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 33.3×; owner earnings: the cash an owner could take out each year.

Growth is mixed; the safety picture is sturdy. The company scores 8/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
18
2023202420252026

All-time high

99

Jan 2023

All-time low

18

Mar 2026

Average rank

53

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
19
64
67
65
Price/Earnings
5
8
97
97
Price/Book
57
73
73
72
Dividend Yield
1
1
1
93
Value (overall)
19
25
27
93

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare MGX Resources with its peers
Champion Iron
ASX:CIA
65
CountryAustralia
IndustryMetals & Mining
SizeMedium
Full Stock Analysis →
Deterra Royalties
ASX:DRR
85
CountryAustralia
IndustryMetals & Mining
SizeSmall
Full Stock Analysis →
Fortescue
ASX:FMG
75
CountryAustralia
IndustryMetals & Mining
SizeLarge
Full Stock Analysis →
Vulcan Steel
ASX:VSL
45
CountryNew Zealand
IndustryMetals & Mining
SizeMedium
Full Stock Analysis →
Hanil Iron & Steel
KSC:002220
17
CountrySouth Korea
IndustryMetals & Mining
SizeSmall
Full Stock Analysis →
Dongkuk Steel Mill
KSC:460860
15
CountrySouth Korea
IndustryMetals & Mining
SizeMedium
Full Stock Analysis →

Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →