Midway Financials
| MWY Stock | 1.25 0.00 0.00% |
Operating Margin 0.0178 | PE Ratio 124.5 | Profit Margin 0.0031 | Return On Equity 0.0072 |
Midway | Select Account or Indicator |
Please note, the imprecision that can be found in Midway's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Midway. Check Midway's Beneish M Score to see the likelihood of Midway's management manipulating its earnings.
Midway Stock Summary
Midway competes with Microequities Asset, Australian Agricultural, Platinum Asset, Magellan Financial, and Cleanaway Waste. Midway is entity of Australia. It is traded as Stock on AU exchange.| Foreign Associate | UK |
Specialization | Basic Materials, Lumber & Wood Production |
| Instrument | Australia Stock View All |
| Exchange | Australian Securities Exchange |
| ISIN | AU000000MWY2 |
| Business Address | 10 The Esplanade, |
| Sector | Paper & Forest Products |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.midwaylimited.com.au |
| Phone | 61 3 5277 9255 |
You should never invest in Midway without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Midway Stock, because this is throwing your money away. Analyzing the key information contained in Midway's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Midway Key Financial Ratios
Midway's financial ratios allow both analysts and investors to convert raw data from Midway's financial statements into concise, actionable information that can be used to evaluate the performance of Midway over time and compare it to other companies across industries.| Revenue | 276.04 M | ||||
| Gross Profit | 53.22 M | ||||
| EBITDA | 13.6 M | ||||
| Net Income | 858 K | ||||
| Total Asset | 217.45 M |
Midway Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 260.6M | 262.9M | 268.7M | 194.8M | 217.4M | 247.2M | |
| Other Current Liab | 21.2M | 27.3M | 28.7M | 22.9M | 19.0M | 14.4M | |
| Other Liab | 50.2M | 49.4M | 43.6M | 10.0M | 11.5M | 11.0M | |
| Retained Earnings | (10.4M) | (15.8M) | (28.7M) | (31.5M) | (37.2M) | (35.3M) | |
| Accounts Payable | 8.6M | 9.6M | 9.8M | 8.7M | 2.8M | 2.7M | |
| Cash | 11.0M | 13.0M | 3.0M | 5.6M | 24.9M | 14.0M | |
| Long Term Debt | 33.0M | 32.0M | 25.9M | 4.3M | 3.9M | 3.7M | |
| Net Receivables | 4.0M | 18.6M | 10.8M | 27.6M | 45.6M | 47.9M | |
| Inventory | 30.7M | 18.1M | 23.5M | 36.7M | 29.7M | 18.2M | |
| Other Current Assets | 9.0M | 9.6M | 8.9M | 5.2M | 17.6M | 9.1M | |
| Total Liab | 130.5M | 130.7M | 143.9M | 67.8M | 71.0M | 105.3M | |
| Net Debt | 39.4M | 31.5M | 43.9M | 5.9M | 7.2M | 6.9M | |
| Total Current Assets | 54.8M | 59.3M | 46.1M | 75.1M | 117.8M | 63.1M | |
| Short Term Debt | 11.6M | 9.6M | 21.0M | 3.6M | 10.5M | 7.3M | |
| Net Tangible Assets | 126.3M | 129.1M | 121.5M | 123.3M | 141.8M | 127.9M | |
| Short Long Term Debt | 11.6M | 9.6M | 21.0M | 3.6M | 8.2M | 9.3M | |
| Long Term Debt Total | 38.9M | 34.9M | 25.9M | 7.9M | 7.2M | 6.8M | |
| Net Invested Capital | 178.8M | 175.5M | 170.4M | 136.8M | 152.8M | 172.1M | |
| Net Working Capital | 13.4M | 12.9M | (16.8M) | 37.5M | 85.5M | 89.7M |
Midway Key Income Statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 6.1M | 5.1M | 13.7M | 6.5M | 4.1M | 4.3M | |
| Total Revenue | 258.2M | 280.2M | 193.7M | 188.2M | 276.0M | 212.2M | |
| Operating Income | (8.6M) | 4.8M | (4.8M) | (5.6M) | 22.0M | 23.1M | |
| Cost Of Revenue | 248.9M | 263.3M | 189.0M | 178.5M | 205.7M | 168.0M | |
| Income Before Tax | (20.6M) | (3.6M) | (14.5M) | (6.6M) | 2.3M | 2.2M | |
| Income Tax Expense | (6.1M) | 127K | (4.4M) | (2.1M) | 1.3M | 1.8M | |
| Gross Profit | 9.3M | 16.9M | 4.7M | 9.7M | 70.4M | 46.9M | |
| Ebit | (14.5M) | 1.5M | (749K) | (5.6M) | 5.2M | 5.9M | |
| Ebitda | (1.4M) | 12.8M | 6.1M | 472K | 13.6M | 11.0M | |
| Net Income | (12.0M) | (5.4M) | (13.0M) | (2.8M) | 858K | 815.1K | |
| Minority Interest | 1.8M | 1.2M | (95K) | (424K) | (120K) | (114K) | |
| Tax Provision | (6.1M) | 127K | (6.0M) | (2.1M) | 1.3M | 1.7M | |
| Interest Income | 951K | 3.3M | 8K | 1.7M | 2.5M | 1.9M | |
| Net Interest Income | (5.5M) | (4.7M) | (13.9M) | (4.8M) | (1.6M) | (1.7M) |
Midway Key Cash Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Dividends Paid | 7.9M | 840K | 0.0 | (4.4M) | (3.9M) | (3.7M) | |
| Capital Expenditures | 3.2M | 3.4M | 10.5M | 10.2M | 6.8M | 5.8M | |
| Change To Inventory | (6.5M) | 13.6M | (5.1M) | (14.2M) | 8.3M | 8.7M | |
| Change In Cash | (4.5M) | 1.9M | (10.0M) | 2.6M | 19.3M | 20.2M | |
| Free Cash Flow | 7.9M | 18.8M | (13.8M) | (22.5M) | 12.4M | 13.0M | |
| Depreciation | 13.1M | 11.3M | 6.8M | 6.0M | 8.4M | 7.0M | |
| Other Non Cash Items | 10.0M | 16.4M | 18.1M | 17.8M | (803K) | (762.9K) | |
| Net Income | (12.0M) | (5.4M) | (9.2M) | (2.6M) | 858K | 815.1K | |
| End Period Cash Flow | 11.0M | 13.0M | 3.0M | 5.6M | 24.9M | 26.1M | |
| Investments | 2.5M | (5.2M) | 448K | 80.0M | 13.6M | 10.3M | |
| Net Borrowings | (4.6M) | (14.8M) | (13.5M) | (65.3M) | (58.8M) | (55.9M) | |
| Change To Netincome | 14.5M | 9.0M | 2.1M | (3.5M) | (4.1M) | (3.9M) |
Midway Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Midway's current stock value. Our valuation model uses many indicators to compare Midway value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Midway competition to find correlations between indicators driving Midway's intrinsic value. More Info.Midway is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 1.31 of Return On Asset per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Midway's earnings, one of the primary drivers of an investment's value.Midway Systematic Risk
Midway's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Midway volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Midway correlated with the market. If Beta is less than 0 Midway generally moves in the opposite direction as compared to the market. If Midway Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Midway is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Midway is generally in the same direction as the market. If Beta > 1 Midway moves generally in the same direction as, but more than the movement of the benchmark.
Midway Total Assets Over Time
Midway December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Midway help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Midway. We use our internally-developed statistical techniques to arrive at the intrinsic value of Midway based on widely used predictive technical indicators. In general, we focus on analyzing Midway Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Midway's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.89 | |||
| Information Ratio | 0.0632 | |||
| Maximum Drawdown | 61.84 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 5.49 |
Additional Tools for Midway Stock Analysis
When running Midway's price analysis, check to measure Midway's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Midway is operating at the current time. Most of Midway's value examination focuses on studying past and present price action to predict the probability of Midway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midway's price. Additionally, you may evaluate how the addition of Midway to your portfolios can decrease your overall portfolio volatility.