A$6.75 ($4.70)

-0.20 (-2.81%)

Weekly Expected Move ±8.8%

A$6 A$6 A$7 A$7 A$8

ASX · Industrials · Engineering & Construction · Tech Score Strong Buy · Power 65 · A$2.5B mcap · 147M float · 1.22% daily turnover

Overview Chart Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ETF Exposure

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

Oct 02, 2026

DCF

ROE

ROA

D/E

P/E

P/B

The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. MGH.AX receives an overall rating of B. Strongest factors: ROE (4/5), ROA (5/5). Areas of concern: DCF (1/5), D/E (1/5).

Rating Change History

Date	From	To
2026-08-31	C+	B
2026-08-27	D+	C+
2026-08-26	B-	D+
2026-07-17	C+	B-
2026-07-01	B-	C+
2026-04-01	C+	B-
2026-03-02	B-	C+
2026-02-25	C+	B-
2026-01-03	B	C+

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ — Grade A+

Profitability

—

Balance Sheet

Earnings Quality

Growth

Value

Momentum

Safety

Cash Flow

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score

1.71

Distress Zone

Piotroski F-Score

3/9

✓ ✓ ✓ ✗ ✗ ✗ ✗ ✗ ✗

Beneish M-Score

—

Ohlson O-Score

-6.68

Bankruptcy prob: 0.1%

Low Risk

Credit Rating

B+

Score: 34.3/100

Trend: Deteriorating

Earnings Quality

50/100

OCF/NI: 0.53x

Accruals: 4.4%

The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. MGH.AX scores 1.71, placing it in the Distress Zone (safe > 2.99, distress < 1.81). Historically, companies in this range face elevated bankruptcy risk. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. MGH.AX scores 3/9, suggesting weak financial fundamentals — the company fails the majority of these accounting tests. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. MGH.AX's implied 0.1% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. MGH.AX receives an estimated rating of B+ (score: 34.3/100), with a deteriorating trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). MGH.AX's score of 50/100 is moderate — some divergence between reported earnings and underlying cash flows.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E

18.41x

PEG

0.22x

P/S

3.91x

P/B

2.53x

P/FCF

75.73x

P/OCF

17.49x

EV/EBITDA

11.61x

EV/Revenue

1.84x

EV/EBIT

17.29x

EV/FCF

119.52x

Earnings Yield

10.74%

FCF Yield

1.32%

Shareholder Yield

2.94%

Graham Number

$5.84

Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 18.4x earnings, MGH.AX trades at a reasonable valuation. An earnings yield of 10.7% exceeds typical risk-free rates, suggesting equities are being compensated for risk. Graham's intrinsic value formula yields $5.84 per share, 17% below the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden

0.967

NI / EBT

Interest Burden

1.216

EBT / EBIT

EBIT Margin

0.106

EBIT / Rev

Asset Turnover

0.750

Rev / Assets

Equity Multiplier

2.693

Assets / Equity

ROE

25.2%

The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. MGH.AX's ROE of 25.2% is driven by Asset Turnover (0.750), indicating efficient use of assets to generate revenue. A tax burden ratio of 0.97 indicates minimal tax leakage — the company retains over 90% of pre-tax earnings.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate

15.00%

Fair P/E

38.50x

Intrinsic Value

$21.95

Price/Value

0.24x

Margin of Safety

75.81%

Premium

-75.81%

Assessment

Undervalued

Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with MGH.AX's realized 15.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. At an intrinsic value of $21.95, MGH.AX appears undervalued with a 76% margin of safety. The adjusted fair P/E of 38.5x compares to the current market P/E of 18.4x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1453 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price

$6.81

Median 1Y

$7.51

5th Pctile

$3.94

95th Pctile

$14.31

Ann. Volatility

39.7%

25th–75th percentile 5th–95th percentile Median path Historical

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability

Metric	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Q4'26	Current
ROE	5.2%	13.6%	12.3%	21.1%	26.5%	28.8%	27.8%	24.4%	20.6%	19.3%	19.0%	25.2%	25.21%
ROA	2.9%	7.1%	6.9%	10.2%	13.0%	13.1%	13.3%	10.9%	10.0%	8.4%	8.6%	9.4%	9.36%
ROIC	4.6%	8.0%	8.2%	10.4%	7.9%	8.9%	10.7%	13.2%	15.5%	13.4%	13.3%	6.6%	6.56%
ROCE	6.3%	13.6%	13.0%	18.8%	15.6%	17.1%	19.9%	26.3%	24.0%	21.1%	20.6%	9.7%	9.67%
Gross Margin	24.1%	31.4%	24.1%	25.5%	18.3%	29.3%	24.3%	55.4%	49.0%	24.9%	21.7%	5.8%	5.82%
Operating Margin	15.1%	16.0%	10.9%	13.7%	6.6%	12.0%	11.6%	23.9%	18.2%	11.1%	8.8%	1.5%	1.54%
Net Margin	9.2%	15.6%	7.5%	14.9%	6.7%	9.6%	7.2%	9.1%	6.6%	7.2%	6.0%	-17.7%	-17.73%
EBITDA Margin	21.3%	29.6%	19.0%	27.8%	18.0%	22.0%	19.6%	25.6%	15.3%	21.6%	14.4%	3.9%	3.92%
FCF Margin	11.7%	2.2%	-5.4%	-5.8%	-14.0%	-10.1%	-3.3%	-1.3%	2.2%	4.7%	2.2%	1.5%	1.54%
OCF Margin	19.2%	16.2%	9.3%	6.6%	-0.3%	0.8%	5.9%	6.9%	7.9%	9.3%	6.5%	6.6%	6.65%
ROE 3Y Avg	snapshot only												20.96%
ROA 3Y Avg	snapshot only												8.71%
ROIC 3Y Avg	snapshot only												6.18%
ROIC Economic	snapshot only												6.51%
Cash ROA	snapshot only												3.88%
Cash ROIC	snapshot only												5.29%
CROIC	snapshot only												1.22%
NOPAT Margin	snapshot only												8.23%
Pretax Margin	snapshot only												12.91%
R&D / Revenue	snapshot only												0.00%
SGA / Revenue	snapshot only												18.35%
SBC / Revenue	snapshot only												0.07%

Valuation

Metric	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Q4'26	Current
P/E Ratio	58.56	40.22	28.47	10.54	7.33	6.53	8.58	9.78	10.88	10.49	13.35	9.31	18.405
P/S Ratio	5.42	5.09	3.00	1.29	0.78	0.64	0.80	0.80	0.88	0.78	0.95	1.16	3.908
P/B Ratio	3.04	5.46	3.51	2.22	1.34	1.32	1.92	2.00	1.92	1.74	2.18	1.99	2.529
P/FCF	46.30	233.31	-55.85	-22.18	-5.61	-6.31	-23.93	-60.24	40.71	16.54	42.17	75.73	75.734
P/OCF	28.27	31.40	32.19	19.59	—	82.82	13.61	11.68	11.08	8.39	14.53	17.49	17.493
EV/EBITDA	28.73	21.68	14.56	6.62	5.13	4.60	5.11	5.23	5.62	5.59	6.76	11.61	11.606
EV/Revenue	6.13	5.59	3.34	1.65	1.18	1.00	1.10	1.12	1.15	1.14	1.27	1.84	1.836
EV/EBIT	38.57	27.90	19.89	8.68	6.92	6.21	6.87	5.43	6.00	6.12	7.61	17.29	17.295
EV/FCF	52.37	256.33	-62.37	-28.24	-8.41	-9.94	-33.07	-84.29	53.46	24.13	56.78	119.52	119.523
Earnings Yield	1.7%	2.5%	3.5%	9.5%	13.6%	15.3%	11.7%	10.2%	9.2%	9.5%	7.5%	10.7%	10.74%
FCF Yield	2.2%	0.4%	-1.8%	-4.5%	-17.8%	-15.8%	-4.2%	-1.7%	2.5%	6.0%	2.4%	1.3%	1.32%
PEG Ratio	snapshot only												0.217
Price/Tangible Book	snapshot only												2.274
EV/OCF	snapshot only												27.608
EV/Gross Profit	snapshot only												6.398
Acquirers Multiple	snapshot only												15.602
Shareholder Yield	snapshot only												2.94%
Graham Number	snapshot only												$5.84

Leverage & Solvency

Metric	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Q4'26	Current
Current Ratio	1.53	1.52	1.78	1.72	1.92	1.60	1.59	1.48	1.88	1.75	1.68	1.25	1.252
Quick Ratio	0.91	0.86	1.09	1.15	1.29	1.12	1.07	0.99	1.20	1.21	1.10	1.17	1.170
Debt/Equity	0.52	0.62	0.49	0.72	0.82	0.87	0.84	0.92	0.70	0.91	0.86	1.20	1.202
Net Debt/Equity	0.40	0.54	0.41	0.61	0.67	0.76	0.73	0.80	0.60	0.80	0.76	1.15	1.153
Debt/Assets	0.29	0.32	0.28	0.35	0.38	0.38	0.37	0.39	0.35	0.40	0.39	0.41	0.409
Debt/EBITDA	4.32	2.23	1.82	1.69	2.10	1.92	1.62	1.73	1.57	2.02	1.98	4.43	4.432
Net Debt/EBITDA	3.33	1.95	1.52	1.42	1.71	1.68	1.41	1.49	1.34	1.76	1.74	4.25	4.252
Interest Coverage	4.53	7.30	7.44	10.14	9.07	7.24	5.87	4.68	4.01	3.70	3.36	1.79	1.786
Equity Multiplier	1.78	1.92	1.78	2.08	2.15	2.30	2.27	2.34	2.00	2.27	2.18	2.94	2.938
Cash Ratio	snapshot only												0.046
Debt Service Coverage	snapshot only												2.662
Cash to Debt	snapshot only												0.041
FCF to Debt	snapshot only												0.022
Defensive Interval	snapshot only												187.8 days

Efficiency & Turnover

Metric	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Q4'26	Current
Asset Turnover	0.32	0.56	0.66	0.83	1.21	1.34	1.44	1.33	1.24	1.13	1.21	0.75	0.750
Inventory Turnover	1.91	3.45	4.82	6.59	9.82	12.14	12.88	10.68	8.79	9.62	9.81	11.26	11.256
Receivables Turnover	5.45	8.03	11.11	10.13	19.88	17.03	18.49	18.87	19.85	15.09	14.78	17.65	17.650
Payables Turnover	6.61	9.55	11.56	11.91	21.79	19.56	17.91	19.83	13.70	13.49	11.24	18.64	18.640
DSO	67	45	33	36	18	21	20	19	18	24	25	21	20.7 days
DIO	191	106	76	55	37	30	28	34	42	38	37	32	32.4 days
DPO	55	38	32	31	17	19	20	18	27	27	32	20	19.6 days
Cash Conversion Cycle	202	113	77	61	39	33	28	35	33	35	29	34	33.5 days
Fixed Asset Turnover	snapshot only												6.941
Operating Cycle	snapshot only												53.1 days
Cash Velocity	snapshot only												35.161
Capital Intensity	snapshot only												1.714

Growth (YoY)

Metric	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Q4'26	Current
Revenue	—	—	—	—	7.0%	3.8%	2.4%	1.2%	78.8%	49.2%	33.6%	-1.5%	-1.49%
Net Income	—	—	—	—	8.3%	2.7%	2.0%	44.0%	35.1%	14.1%	1.9%	50.3%	50.33%
EPS	—	—	—	—	6.8%	2.0%	1.5%	30.5%	25.8%	3.2%	-7.5%	35.1%	35.06%
FCF	—	—	—	—	-10.6%	-23.0%	-1.1%	50.8%	1.3%	1.7%	1.9%	2.1%	2.14%
EBITDA	—	—	—	—	7.6%	3.0%	2.2%	85.8%	59.9%	39.7%	16.7%	-27.3%	-27.27%
Op. Income	—	—	—	—	4.8%	2.3%	1.7%	1.2%	1.7%	1.2%	77.5%	-16.0%	-15.96%
OCF Growth	snapshot only												-4.44%
Asset Growth	snapshot only												79.71%
Equity Growth	snapshot only												43.25%
Debt Growth	snapshot only												86.56%
Shares Change	snapshot only												11.31%
Dividend Growth	snapshot only												-0.06%

Growth Quality

Metric	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Q4'26	Current
Revenue Stability	—	—	—	—	—	—	—	—	1.00	0.98	0.96	0.73	0.729
Earnings Stability	—	—	—	—	—	—	—	—	0.94	0.87	0.77	0.98	0.980
Margin Stability	—	—	—	—	—	—	—	—	0.69	0.78	0.79	0.89	0.893
Rev. Growth Consistency	0.00	0.00	0.00	0.00	0.50	0.50	0.50	0.50	1.00	1.00	1.00	0.00	0.000
Earn. Growth Consistency	0.00	0.00	0.00	0.00	0.50	0.50	0.50	0.50	1.00	1.00	1.00	1.00	1.000
FCF Positive Streak	0	0	0	0	0	0	0	0	0	0	0	0	0
Earnings Persistence	—	—	—	—	—	—	—	—	0.86	0.94	0.99	0.50	0.500
Earnings Smoothness	—	—	—	—	0.00	0.00	0.01	0.64	0.70	0.87	0.98	0.60	0.598
ROE Trend	—	—	—	—	—	—	—	—	0.06	-0.00	-0.01	0.01	0.007
Gross Margin Trend	—	—	—	—	—	—	—	—	0.16	0.11	0.10	-0.00	-0.005
FCF Margin Trend	—	—	—	—	—	—	—	—	0.03	0.09	0.07	0.05	0.051
Sustainable Growth Rate	5.2%	13.1%	11.3%	19.8%	22.8%	23.5%	22.0%	17.6%	14.8%	13.5%	13.1%	20.0%	19.98%
Internal Growth Rate	3.0%	7.3%	6.8%	10.5%	12.6%	12.0%	11.8%	8.5%	7.7%	6.3%	6.3%	8.0%	8.02%

Cash Flow Quality

Metric	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Q4'26	Current
OCF/Net Income	2.07	1.28	0.88	0.54	-0.03	0.08	0.63	0.84	0.98	1.25	0.92	0.53	0.532
FCF/OCF	0.61	0.13	-0.58	-0.88	44.34	-13.12	-0.57	-0.19	0.27	0.51	0.34	0.23	0.231
FCF/Net Income	snapshot only												0.123
OCF/EBITDA	snapshot only												0.420
CapEx/Revenue	7.5%	14.0%	14.7%	12.4%	13.7%	10.9%	9.2%	8.2%	5.8%	4.6%	4.3%	5.1%	5.11%
CapEx/Depreciation	snapshot only												0.983
Accruals Ratio	-0.03	-0.02	0.01	0.05	0.13	0.12	0.05	0.02	0.00	-0.02	0.01	0.04	0.044
Sloan Accruals	snapshot only												0.021
Cash Flow Adequacy	snapshot only												0.863
Earnings Quality Score	snapshot only												0.500

Dividends & Buybacks

Metric	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Q4'26	Current
Dividend Yield	0.0%	0.1%	0.3%	0.6%	1.9%	2.8%	2.4%	2.9%	2.6%	2.9%	2.3%	2.2%	1.03%
Dividend/Share	$0.00	$0.01	$0.01	$0.02	$0.05	$0.07	$0.09	$0.12	$0.12	$0.12	$0.13	$0.12	$0.07
Payout Ratio	0.0%	3.9%	8.1%	6.0%	14.0%	18.5%	21.0%	28.0%	28.0%	30.2%	31.3%	20.7%	20.73%
FCF Payout Ratio	0.0%	22.7%	—	—	—	—	—	—	1.0%	47.7%	98.9%	1.7%	1.69%
Total Payout Ratio	0.0%	3.9%	8.1%	6.0%	14.0%	20.2%	23.7%	28.2%	28.8%	33.8%	33.5%	27.4%	27.36%
Div. Increase Streak	—	0	0	0	0	1	1	1	1	1	1	1	1
Chowder Number	—	—	—	—	—	16.46	6.73	5.75	1.74	0.89	0.54	0.13	0.135
Buyback Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.3%	0.3%	0.0%	0.1%	0.3%	0.2%	0.7%	0.71%
Net Buyback Yield	-11.7%	-5.8%	-11.8%	-17.1%	-25.3%	-24.2%	-9.0%	-7.8%	0.0%	-1.2%	-1.0%	-0.7%	-0.71%
Total Shareholder Return	-11.7%	-5.7%	-11.6%	-16.5%	-23.4%	-21.4%	-6.6%	-5.0%	2.6%	1.7%	1.3%	1.5%	1.51%

DuPont Factors

Metric	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Q4'26	Current
Tax Burden (NI/EBT)	0.75	0.73	0.72	0.72	0.71	0.70	0.70	0.67	0.68	0.66	0.66	0.97	0.967
Interest Burden (EBT/EBIT)	0.78	0.86	0.87	0.90	0.89	0.86	0.83	0.59	0.62	0.60	0.65	1.22	1.216
EBIT Margin	0.16	0.20	0.17	0.19	0.17	0.16	0.16	0.21	0.19	0.19	0.17	0.11	0.106
Asset Turnover	0.32	0.56	0.66	0.83	1.21	1.34	1.44	1.33	1.24	1.13	1.21	0.75	0.750
Equity Multiplier	1.78	1.92	1.78	2.08	2.05	2.19	2.08	2.24	2.06	2.29	2.22	2.69	2.693

Per Share

Metric	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Q4'26	Current
EPS (Diluted TTM)	$0.04	$0.13	$0.17	$0.32	$0.35	$0.39	$0.44	$0.42	$0.43	$0.40	$0.41	$0.57	$0.57
Book Value/Share	$0.85	$0.95	$1.41	$1.53	$1.88	$1.92	$1.97	$2.07	$2.46	$2.43	$2.49	$2.66	$2.72
Tangible Book/Share	$0.69	$0.75	$1.05	$1.09	$1.43	$1.05	$1.44	$1.52	$1.88	$1.64	$1.73	$2.33	$2.33
Revenue/Share	$0.48	$1.02	$1.66	$2.63	$3.23	$3.98	$4.74	$5.16	$5.38	$5.37	$5.76	$4.57	$1.74
FCF/Share	$0.06	$0.02	$-0.09	$-0.15	$-0.45	$-0.40	$-0.16	$-0.07	$0.12	$0.25	$0.13	$0.07	$0.01
OCF/Share	$0.09	$0.17	$0.15	$0.17	$-0.01	$0.03	$0.28	$0.35	$0.43	$0.50	$0.37	$0.30	$0.10
Cash/Share	$0.10	$0.07	$0.11	$0.18	$0.29	$0.21	$0.21	$0.26	$0.25	$0.28	$0.26	$0.13	$0.16
EBITDA/Share	$0.10	$0.26	$0.38	$0.66	$0.74	$0.87	$1.02	$1.11	$1.10	$1.10	$1.08	$0.72	$0.72
Debt/Share	$0.44	$0.59	$0.69	$1.11	$1.55	$1.67	$1.65	$1.91	$1.73	$2.22	$2.14	$3.20	$3.20
Net Debt/Share	$0.34	$0.51	$0.58	$0.93	$1.27	$1.46	$1.44	$1.65	$1.48	$1.93	$1.88	$3.07	$3.07

Academic Models

Metric	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Q4'26	Current
Altman Z-Score	—	—	—	—	—	—	—	—	—	—	—	—	1.706
Altman Z-Prime	snapshot only												2.537
Piotroski F-Score	4	4	3	3	4	5	5	5	6	5	4	3	3
Beneish M-Score	—	—	—	—	0.23	0.51	-0.92	-2.56	-2.68	-2.42	-2.13	—	—
Ohlson O-Score	snapshot only												-6.683
ROIC (Greenblatt)	snapshot only												35.45%
Net-Net WC	snapshot only												$-1.61
EVA	snapshot only												$-72072886.49

Credit

Metric	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Q4'26	Current
Credit Rating	snapshot only												B+
Credit Score	61.07	75.94	78.93	68.67	57.50	59.93	63.05	56.42	65.66	59.97	66.63	34.29	34.292
Credit Grade	snapshot only												14
Credit Trend	snapshot only												-22.129
Implied Spread (bps)	snapshot only												650.000
Industry Credit Rank	snapshot only												26
Sector Credit Rank	snapshot only												20

MGH.AX ASX

Financial Rating

InsiderStreet Scorecard

Risk & Quality Signals

Valuation

DuPont Decomposition (5-Factor)

Graham-Dodd Adjusted Valuation

Profitability Trends

Leverage & Solvency Trends

Efficiency & Working Capital Trends

Growth Trends (YoY %)

Earnings Stability

Monte Carlo Price Simulation

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