Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
MSV.AX
STRONG BUYREMOVEMitchell Services Limited · Basic Materials · Australia · $80M · Avg Vol: $90K/d
While Mitchell Services benefits from increased drilling activity driven by the commodity cycle, it is a highly capital-intensive, cyclical micro-cap contract driller that lacks a durable economic moat or pricing power, failing the Terry Smith quality filter.
COMPANY DESCRIPTION
Mitchell Services Limited is a leading provider of drilling services to the global exploration, mining, and energy industries, primarily operating in Australia. The company maintains a competitive edge through its diverse, modern fleet of rigs capable of performing greenfield, brownfield, and coal seam gas drilling. Its long-term contracts with tier-one mining majors provide highly visible, recurring revenue streams.
FINANCIAL SUMMARY
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | — | 153M | 175M | 170M | 141M | -2.7% |
| EPS | — | 0.00 | 0.02 | 0.03 | 0.00 | 192.4% |
| Shares | — | 225M | 219M | 214M | 212M | -6.0% |
| Debt | 6M | 32M | 22M | 14M | 8M | 8.6% |
| Equity | — | 44M | 48M | 47M | 44M | -0.4% |
| Op CF | — | — | — | — | — | — |
| Inv CF | — | -14M | -6M | -7M | -13M | — |
| Fin CF | — | -2M | -15M | -20M | -10M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of MSV.AX are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| MSV.AX | Mitchell Services Limited(you) | $80M | 100 | STRONG BUY |
| MLG.AX | MLG Oz Limited | $77M | 92 | STRONG BUY |
| RHI.AX | Red Hill Minerals Limited | $214M | 91 | STRONG BUY |
| NMG.AX | New Murchison Gold Limited | $335M | 96 | STRONG BUY |
| AMI.AX | Aurelia Metals Limited | $365M | 93 | STRONG BUY |
| AIS.AX | Aeris Resources Limited | $344M | 86 | STRONG BUY |
| MMI.AX | Metro Mining Limited | $333M | 84 | STRONG BUY |
| TKM.AX | Trek Metals Limited | $89M | 54 | HOLD |
| MLX.AX | Metals X Limited | $1.0B | 97 | STRONG BUY |
| CXU.AX | Cauldron Energy Limited | $75M | 47 | HOLD |
Peer medians: ROE -8.6% · P/E 14.1x · Gross margin 33.5%