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Matrix Composites & Engineering Ltd (MCE.AX)

AUD0.40 +0.00 (+0.00%)
AU ASX Industrials Engineering & Construction
Address 150 Quill Way 6166
Henderson, WA, AU
CEO Aaron Paul Begley
IPO 2009-11-15
ISIN AU000000MCE6

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Description

Matrix Composites & Engineering Ltd (MCE.AX), an Australian company headquartered in Henderson and established in 1990, specializes in the global design, engineering, manufacturing, and distribution of sophisticated composite and material technology solutions. Its diverse clientele spans the oil and gas, civil and infrastructure, resources, defense, and transportation sectors worldwide. The company offers a comprehensive range of products, including various buoyancy systems for the oil and gas industry, such as those for autonomous and unmanned underwater vehicles, distributed buoyancy modules, and drill riser buoyancy systems like the Matrix Longitudinal Groove System (LGS) riser and surf systems. MCE also provides Matrix MarineShield, a proprietary wraparound corrosion protection solution vital for the preservation of pipelines, risers, piles, and other critical field infrastructure. Furthermore, Matrix manufactures specialized well construction and completion equipment. This encompasses Matrix conductor centralizers for fixed platform wells, the Matrix riser sealing mandrel designed to enhance safety during completion and workover operations on floating drilling units, and Max R low friction centralizers for efficient well and drilling completions. The firm additionally supplies vortex-induced vibration (VIV) suppression equipment for rigid pipelines. Beyond its core manufacturing, MCE distributes a suite of high-performance coatings, including Humiclean, an environmentally friendly, biodegradable, non-toxic, and non-VOC cleaning agent; Humidur Char, a passive fire protection product; Humidur FP, a solvent-free epoxy coating; and Humidur TC, a solvent-free epoxy siloxane hybrid top coating. Expanding its service offerings, Matrix provides Matrix Fibrenetic, a lightweight and rapid-installation carbon fiber repair system for structural remediation; Matrix Rotolining, an internal lining system; Kinetica dropped object protection cells to safeguard critical equipment and work areas; and Kinetic syntactic foam. The company also offers essential inspection, maintenance, and repair services.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
AUD0.40 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
-0.23
Float Shares
224.19M
Free Float %
99.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +0.00% +0.00% +59.18% +69.57% +50.00% +62.50% +16.42% +178.73% -8.14% -70.00%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.40
Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.19
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
0 / 10
No MOAT
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Engineering & Construction: +6.7%
    -12.1% Q4'25: +0.6% (vs Q4'23)
  • EPS growth Engineering & Construction: +20.8%
    -169.4% Q4'25: -138.6% (vs Q4'23)
  • FCF margin FCF growth · Engineering & Construction: +51.6%
    +2.2% Q4'25: +2.0% (vs Q4'23)
  • EBIT margin Engineering & Construction: +7.0%
    -1.3% Q4'25: -26.9% (vs Q4'23)
  • ROIC Engineering & Construction: +6.4%
    -2.1% Q4'25: -40.0% (vs Q4'23)
  • Share dilution Engineering & Construction: +0.0%
    -12.3% Q4'25: +2.5% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Engineering & Construction: -0.38×
    10.10× Q4'25: -4.29× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.23) × ERP
WACC = 70% × Ke + 30% × Kd (11.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 0.40
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Jun 2010
actual
Jun 2011
actual
Jun 2012
actual
Jun 2013
actual
Jun 2014
actual
Jun 2015
actual
Jun 2016
actual
Jun 2017
actual
Jun 2018
actual
Jun 2019
actual
Jun 2020
actual
Jun 2021
actual
Jun 2022
actual
Jun 2023
actual
Jun 2024
actual
Jun 2025
actual
Jun 2026
1 Rev. Ana.
1 EPS Ana.
Jun 2027
1 Rev. Ana.
1 EPS Ana.
Jun 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
102.62M
est: 106.11M (-3.3%)
187.27M
est: 201.53M (-7.1%)
144.81M
est: 147.28M (-1.7%)
145.49M
est: 140.24M (+3.7%)
158.58M
est: 153.46M (+3.3%)
144.07M
est: 144.10M (0.0%)
95.73M
est: 95.45M (+0.3%)
33.14M
est: 32.00M (+3.6%)
19.54M
est: 19.50M (+0.2%)
38.19M
est: 37.80M (+1.0%)
27.44M
est: 27.50M (-0.2%)
17.62M
est: 25.00M (-29.5%)
28.63M
est: 41.47M (-31.0%)
47.20M
est: 48.00M (-1.7%)
85.04M
est: 85.00M (+0.0%)
74.77M
est: 79.37M (-5.8%)
84.30M
84.30M – 84.30M
+6.2% YoY
93.30M
93.30M – 93.30M
+10.7% YoY
120.00M
120.00M – 120.00M
+28.6% YoY
EBITDA
28.06M
est: -10.69M (+362.4%)
48.13M
est: 46.72M (+3.0%)
-12.85M
est: 34.27M (-137.5%)
7.67M
est: -24.38M (+131.5%)
19.48M
est: -4.49M (+534.2%)
20.71M
est: 4.63M (+347.1%)
6.47M
est: 3.85M (+67.9%)
-15.57M
est: -3.23M (-382.7%)
-6.98M
est: -1.97M (-255.0%)
-950.7K
est: -24.08M (+96.1%)
-44.96M
est: -2.77M (-1,522.2%)
-21.18M
est: -59.34M (+64.3%)
-42.0K
est: -61.53M (+99.9%)
14.64M
est: -4.84M (+402.5%)
11.77M
est: -8.57M (+237.4%)
3.67M
est: -8.00M (+145.9%)
-8.50M
-8.50M – -8.50M
-6.2% YoY
-9.40M
-9.40M – -9.40M
-10.7% YoY
-12.09M
-12.09M – -12.09M
-28.6% YoY
EBIT
25.26M
est: -16.65M (+251.8%)
47.88M
est: 46.72M (+2.5%)
-23.24M
est: 34.27M (-167.8%)
-2.59M
est: -24.47M (+89.4%)
7.57M
est: -4.60M (+264.6%)
8.06M
est: 4.63M (+74.1%)
-4.14M
est: -14.97M (+72.3%)
-25.16M
est: -5.02M (-401.1%)
-15.25M
est: -3.06M (-398.4%)
-9.16M
est: -24.08M (+62.0%)
-51.65M
est: -4.31M (-1,097.3%)
-25.74M
est: -59.51M (+56.7%)
-2.94M
est: -61.71M (+95.2%)
11.51M
est: -64.08M (+118.0%)
7.45M
est: -13.33M (+155.9%)
-991.0K
est: -12.45M (+92.0%)
-13.22M
-13.22M – -13.22M
-6.2% YoY
-14.64M
-14.64M – -14.64M
-10.7% YoY
-18.83M
-18.83M – -18.83M
-28.6% YoY
Net Income
18.16M
est: 60.51M (-70.0%)
33.60M
est: 34.57M (-2.8%)
-14.45M
est: 24.56M (-158.8%)
-2.95M
est: -13.71M (+78.5%)
3.02M
est: -3.17M (+195.1%)
3.63M
est: 2.96M (+22.9%)
-2.11M
est: 321.6K (-757.3%)
-19.53M
est: -22.29M (+12.4%)
-15.39M
est: -14.20M (-8.4%)
-8.68M
est: -24.11M (+64.0%)
-67.87M
est: -6.22M (-991.8%)
-27.92M
est: -73.69M (+62.1%)
-4.78M
est: -76.40M (+93.7%)
8.68M
est: -7.33M (+218.4%)
3.65M
est: 1.33M (+173.6%)
-2.22M
est: -1.26M (-76.4%)
-4.00M
-4.00M – -4.00M
-217.9% YoY
4.44M
4.44M – 4.44M
+211.1% YoY
8.89M
8.89M – 8.89M
+100.0% YoY
SGA
6.47M
est: 18.10M (-64.3%)
7.55M
est: 12.35M (-38.9%)
10.66M
est: 5.48M (+94.5%)
13.10M
est: 10.19M (+28.6%)
13.69M
est: 14.34M (-4.5%)
12.34M
est: 13.50M (-8.6%)
10.46M
est: 16.28M (-35.8%)
7.67M
est: 5.46M (+40.5%)
7.28M
est: 3.33M (+118.7%)
6.44M
est: 11.40M (-43.5%)
5.49M
est: 4.69M (+17.1%)
5.35M
est: 4.27M (+25.4%)
6.14M
est: 6.51M (-5.7%)
6.48M
est: 8.19M (-20.9%)
7.63M
est: 14.50M (-47.4%)
8.10M
est: 13.54M (-40.2%)
14.38M
14.38M – 14.38M
+6.2% YoY
15.92M
15.92M – 15.92M
+10.7% YoY
20.47M
20.47M – 20.47M
+28.6% YoY
EPS
0.30
est: 0.27 (+10.1%)
0.44
est: 0.53 (-16.5%)
-0.18
est: -0.15 (-21.4%)
-0.03
est: -0.02 (-57.0%)
0.03
est: 0.03 (+5.3%)
0.04
est: 0.04 (-13.3%)
-0.02
est: 0.00 (-1,653.9%)
-0.21
est: -0.10 (-109.3%)
-0.16
est: -0.08 (-96.2%)
-0.09
est: -0.06 (-54.5%)
-0.64
est: -0.03 (-2,187.1%)
-0.26
est: -0.03 (-936.3%)
-0.03
est: -0.02 (-31.0%)
0.05
est: -0.03 (+257.6%)
0.02
est: 0.01 (+176.7%)
-0.01
est: -0.01 (-76.5%)
-0.02
-0.02 – -0.02
-217.6% YoY
0.02
0.02 – 0.02
+211.1% YoY
0.04
0.04 – 0.04
+100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-26 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-25 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-19 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-18 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-14 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-13 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-05-01 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-30 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
59.13M
OE per share TTM
0.22
Owner's Yield
67.68%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
71.3%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-2.6K
Shares Outstanding
224.69M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Aaron Paul Begley MD, Chief Executive Officer & Director 592.7K male
Brendan William Cocks Chief Financial Officer, Company Secretary & Executive Director 470.8K male
Peter Pezet General Manager of Technology Group 249.3K male
Ian Phillips General Manager of Commercial & Operations 213.3K male
John Louden ACIS General Counsel & Joint Company Secretary male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits