Mitchell Services Ltd

MSV · AU · Basic Materials / Other Industrial Metals & Mining

0.64AUD-0.03 (-3.76%)

Price History

Full chart

Market Stats

Previous Close0.665

Open0.66

Day Range0.635 – 0.67

52-Week Range0.2583 – 0.585

Volume1.23M

Market Cap116.85M

P/E (TTM)7.86

Forward P/E0.00

EPS0.07

Dividend Yield7.27%

Beta0.50

50-Day Avg0.5267

200-Day Avg0.4769

About

Mitchell Services Limited, together with its subsidiaries, provides exploration, and mine site and geotechnical drilling services to the exploration, mining, and energy industries in Australia. The company provides drilling services, such as greenfield exploration, project feasibility, mine site exploration and resource definition, development, and production, as well as decarbonisation solutions. It also offers surface drilling services, including diamond coring, directional, mud rotary, mine services, mineral performance drilling (MPD), geotechnical, and reverse circulation services. In addition, it provides underground drilling services comprising diamond coring, directional, underground in seam, mine services, and geotechnical. The company was formerly known as Drill Torque Limited and changed its name to Mitchell Services Limited in December 2013. Mitchell Services Limited was founded in 1969 and is headquartered in Seventeen Mile Rocks, Australia.

Company Details

SectorBasic Materials
IndustryOther Industrial Metals & Mining
CEOMr. Andrew Michael Elf B.Com., CPA, FCPA, GAICD, M.B.A.
Employees577
Headquarters112 Bluestone Circuit, Seventeen Mile Rocks, QLD, Australia, 4073, Australia
Websitehttps://www.mitchellservices.com.au

Leadership

Mr. Nathan Andrew MitchellExecutive Chairman
Mr. Andrew Michael Elf B.Com., CPA, FCPA, GAICD, M.B.A.Chief Executive Officer
Mr. Peter Richard MillerFounder & Non-Executive Director
Mr. Gregory Michael Switala B.Com., BCom (Hons), C.A.Company Secretary & CFO
Mr. Nicholas Shaw M.B.A.General Manager of Operations
Mr. Nigel White B.Com., FCIS, L.L.B.General Counsel
Mr. Josh Bryant B.Sc.General Manager of People, Risk & Sustainability

Financials

Income Statement

Currency: AUD	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30
Total Revenue	22.35M	25.29M	36.40M	25.90M	15.02M	25.17M	32.97M	40.30M	72.70M	120.21M	175.49M	191.38M	213.37M	243.14M	236.83M	196.84M	207.44M
Growth (%)	-	+13.13%	+43.96%	-28.84%	-42.04%	+67.66%	+30.97%	+22.24%	+80.39%	+65.34%	+46.00%	+9.05%	+11.49%	+13.96%	-2.60%	-16.88%	+5.38%
Cost of Revenue	8.90M	10.14M	-353.00K	189.00K	11.26M	19.73M	23.49M	27.61M	50.65M	74.62M	140.76M	159.27M	185.47M	199.08M	27.06M	124.88M	157.91M
Gross Profit	-	-	36.76M	25.71M	3.75M	5.45M	9.48M	12.69M	22.05M	45.58M	34.73M	32.11M	27.89M	44.06M	85.59M	71.96M	49.53M
Gross Margin	-	-	100.97%	99.27%	24.98%	21.65%	28.75%	31.49%	30.34%	37.92%	19.79%	16.78%	13.07%	18.12%	36.14%	36.56%	23.88%
Operating Expense	-	-	35.34M	24.40M	9.05M	12.49M	14.24M	15.86M	24.21M	31.95M	26.17M	35.31M	30.21M	36.29M	74.07M	39.97M	30.68M
Operating Income	1.31M	1.59M	1.41M	1.32M	-5.30M	-7.04M	-4.76M	-3.17M	-2.15M	13.63M	8.56M	-3.19M	-2.32M	7.77M	11.52M	31.99M	18.85M
Operating Margin	5.86%	6.28%	3.88%	5.09%	-35.31%	-27.96%	-14.45%	-7.87%	-2.96%	11.34%	4.88%	-1.67%	-1.09%	3.20%	4.86%	16.25%	9.09%
EBITDA	-	-	3.61M	2.11M	-3.07M	-9.22M	522.40K	2.24M	6.25M	23.84M	34.95M	25.87M	32.01M	41.17M	40.54M	23.97M	40.12M
EBITDA Margin	-	-	9.91%	8.13%	-20.45%	-36.62%	1.58%	5.55%	8.60%	19.84%	19.92%	13.52%	15.00%	16.93%	17.12%	12.18%	19.34%
Net Income	-	-	68.42K	-1.91M	-4.61M	-17.00M	-6.05M	-4.41M	-2.34M	17.37M	7.20M	-5.90M	15.56K	7.61M	9.17M	536.87K	15.21M
Net Income Margin	-	-	0.19%	-7.38%	-30.68%	-67.53%	-18.35%	-10.93%	-3.22%	14.45%	4.10%	-3.08%	0.01%	3.13%	3.87%	0.27%	7.33%
Interest Expense	0	0	888.00K	858.00K	617.10K	526.58K	1.25M	1.21M	1.69M	1.07M	2.14M	2.78M	1.91M	2.36M	1.52M	1.26M	877.91K
Interest Expense % of Total Revenue	0.00%	0.00%	2.44%	3.31%	4.11%	2.09%	3.80%	3.00%	2.32%	0.89%	1.22%	1.45%	0.90%	0.97%	0.64%	0.64%	0.42%

Balance Sheet

Currency: AUD	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30
Total Assets	17.33M	20.36M	27.69M	21.61M	26.30M	47.39M	38.64M	40.04M	58.29M	70.20M	142.04M	126.75M	143.29M	134.60M	127.41M	111.27M	129.04M
Total Liabilities	17.38M	18.96M	14.90M	10.74M	13.49M	32.13M	20.67M	25.39M	37.26M	32.60M	84.58M	75.14M	81.54M	67.50M	61.78M	50.24M	60.71M
Total Equity	-	1.40M	12.79M	10.88M	12.81M	15.25M	17.97M	14.64M	21.03M	37.59M	57.46M	51.61M	61.75M	67.10M	65.63M	61.04M	68.33M
Cash	318.00K	765.00K	745.00K	528.00K	125.00K	515.68K	468.97K	816.51K	1.86M	1.60M	11.91M	4.24M	3.74M	11.11M	16.03M	1.35M	12.14M
Total Debt	-	-	1.20M	8.73M	9.40M	7.08M	14.74M	15.93M	19.95M	10.61M	48.96M	39.59M	47.28M	32.28M	19.66M	10.77M	11.42M
Net Debt	-	-	453.00K	8.21M	9.27M	6.56M	14.27M	15.12M	18.08M	9.01M	37.06M	35.36M	43.54M	21.18M	3.63M	9.42M	-720.96K

Cash Flow

Currency: AUD	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30
Operating Cash Flow	2.65M	1.88M	2.57M	2.31M	-2.21M	-4.72M	-65.72K	4.31M	-1.27M	18.23M	31.15M	30.06M	22.22M	35.63M	43.12M	17.92M	37.38M
Investing Cash Flow	-	-	-9.39M	-621.00K	88.54K	-11.44M	-12.56M	-1.92M	-7.57M	-8.13M	-26.61M	-24.48M	-19.43M	-8.06M	-10.26M	-18.02M	-13.96M
Financing Cash Flow	-	-	5.80M	-2.56M	1.32M	17.67M	13.11M	-1.97M	10.43M	-10.37M	5.77M	-13.25M	-3.28M	-20.20M	-27.93M	-14.60M	-12.62M
Capital Expenditure	1.22M	2.38M	9.54M	902.00K	922.36K	11.99M	18.81M	1.94M	5.66M	8.33M	17.62M	26.14M	19.74M	11.52M	13.83M	19.97M	18.85M
Free Cash Flow	-	-	-6.97M	1.41M	-3.13M	-16.71M	-18.88M	2.37M	-6.94M	9.90M	13.53M	3.91M	2.48M	24.11M	29.28M	-2.05M	18.54M
Dividends Paid	-	-	625.00K	-	590.22K	16.39M	4.02M	2.10M	2.88M	1.73M	1.73M	2.19M	4.83M	-	8.76M	4.28M	8.48M
FCF to OCF	-	-	-271.25%	60.90%	141.82%	354.30%	28723.99%	54.96%	544.23%	54.30%	43.44%	13.02%	11.14%	67.67%	67.92%	-11.45%	49.58%
Dividend Paid to FCF	-	-	-8.97%	-	-18.87%	-98.07%	-21.28%	88.56%	-41.53%	17.53%	12.82%	55.98%	194.93%	-	29.90%	-208.30%	45.74%

Earnings

Report Date	Feb 29, 2016	Aug 30, 2016	Feb 27, 2017	Aug 31, 2017	Feb 27, 2018	Aug 27, 2018	Feb 25, 2019	May 29, 2019	Aug 25, 2019	Oct 22, 2019	Jan 28, 2020	Apr 14, 2020	Jul 15, 2020	Oct 18, 2020	Feb 25, 2021	Apr 28, 2021	Aug 24, 2021	Oct 19, 2021	Feb 23, 2022	Apr 26, 2022	Aug 24, 2022	Oct 19, 2022	Feb 23, 2023	Apr 26, 2023	Aug 24, 2023	Oct 19, 2023	Feb 21, 2024	Apr 22, 2024	Aug 21, 2024	Oct 21, 2024	Feb 19, 2025	Apr 23, 2025	Aug 20, 2025	Oct 13, 2025
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS Actual	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.03	0.00	0.02	0.00	0.01	0.00	-0.02	0.00	-0.01	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	After-hours	-	After-hours	-	Pre-market	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap116.85M

Enterprise Value89.51M

Trailing P/E7.86

Forward P/E0.00

Price / Sales0.56

Price / Book1.68

EPS0.07

Book Value0.327

Revenue (TTM)209.67M

Gross Profit (TTM)85.22M

EBITDA41.63M

Profit Margin7.25%

Operating Margin10.19%

Return on Equity23.51%

Return on Assets11.23%

Shares Outstanding212.45M

Shares Float148.73M

Beta0.50

Dividend Yield7.27%

Dividend Rate0.04

Payout Ratio0.00%

Dividends

20262×

0.02Aug 31, 20260.04Feb 26, 2026

20242×

0.02Aug 28, 20240.02Feb 28, 2024

20231×

0.01Aug 29, 2023

20201×

0.01Jun 29, 2020

20191×

0.01Jun 27, 2019

20121×

0.02Mar 30, 2012

Stock Splits

Aug 18, 2021297:292
Feb 7, 20201:10
Sep 19, 2017369:362
Jun 12, 2015143:125
Aug 26, 201457:46
Oct 11, 201354:37