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MSV.AX

STRONG BUYREMOVE

Mitchell Services Limited · Basic Materials · Australia · $80M · Avg Vol: $90K/d

100
StockRank
Q
70
V
78
M
68
P/E (TTM)
12.4x
ROE
13.7%
D/E
0.1x
Dividend %
8.4%
AI CONVICTION THESIS

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

Year20212022202320242025CAGR
Revenue153M175M170M141M-2.7%
EPS0.000.020.030.00192.4%
Shares225M219M214M212M-6.0%
Debt6M32M22M14M8M8.6%
Equity44M48M47M44M-0.4%
Op CF
Inv CF-14M-6M-7M-13M
Fin CF-2M-15M-20M-10M
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PRICE (1M)-2.0%
0.330.340.360.370.38May 5May 26Jun 16
SMA 50SMA 200
Close
$0.35
RSI (14)
48.5
52W High
$0.41
From 52W High
0.9%

SCORE BREAKDOWN

Quality
70
ROIC
2.7%45.9
ROE
13.7%81.5
GP/Assets
76.4%98.1
Op. Margin
9.9%66.1
FCF/Assets
15.4%93.7
Piotroski
81.4
Int. Cover
1.6x36.3
D/E Ratio
0.15x61.8
Current Ratio
1.40x29.2
Value
78
P/E (TTM)
12.4x75.7
EV/EBITDA
2.9x69.8
P/FCF
9.9x86.4
P/B
1.5x60.0
P/S
0.5x80.1
Div Yield
8.4%98.5
Momentum
68
52W High %
86%75.6
RS 6M
64%89.3
SMA 50/200
1.31x87.7
EPS Rev 4W
N/A
EPS Rev 12W
N/A
EPS Improve
+49%41.2
Q Growth
N/A

FUNDAMENTALS

Market Cap
$80M
P/E (Forward)
8.3x
Gross Margin
39.1%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of MSV.AX are excluded.

TickerCompanyMkt CapStockRankSignal
MSV.AXMitchell Services Limited(you)$80M100STRONG BUY
MLG.AXMLG Oz Limited$77M92STRONG BUY
RHI.AXRed Hill Minerals Limited$214M91STRONG BUY
NMG.AXNew Murchison Gold Limited$335M96STRONG BUY
AMI.AXAurelia Metals Limited$365M93STRONG BUY
AIS.AXAeris Resources Limited$344M86STRONG BUY
MMI.AXMetro Mining Limited$333M84STRONG BUY
TKM.AXTrek Metals Limited$89M54HOLD
MLX.AXMetals X Limited$1.0B97STRONG BUY
CXU.AXCauldron Energy Limited$75M47HOLD

Peer medians: ROE -8.6% · P/E 14.1x · Gross margin 33.5%

Mitchell Services Limited (MSV.AX) — Stock Score Summary

Mitchell Services Limited (MSV.AX) has a MoatMap StockRank of 100/100 based on Quality (70/100), Value (78/100), and Momentum (68/100) factor scores. The current signal is STRONG BUY. 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.

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.

Key Financial Metrics

Price$0.35
Market Cap$80M
P/E (TTM)12.38
P/E (Forward)8.32
Price/Book1.51
Return on Equity13.7%
Return on Invested Capital2.7%
Debt/Equity14.72
Gross Margin39.1%
Operating Margin9.9%
Revenue Growth3.0%
Dividend Yield8.4%
Free Cash Flow$8M

Mitchell Services Limited operates in the Other Industrial Metals & Mining industry, part of the Basic Materials sector (Australia).

Frequently Asked Questions

What is Mitchell Services Limited’s (MSV.AX) StockRank?
MoatMap’s StockRank for Mitchell Services Limited (MSV.AX) is 100/100, with a Strong Buy signal. It is a composite of Quality (70), Value (78), and Momentum (68) factor ranks across MoatMap’s 19,000+ stock universe.
Does Mitchell Services Limited have an economic moat?
Mitchell Services Limited (MSV.AX) has a Quality factor score of 70/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Mitchell Services Limited a buy, hold, or sell?
MoatMap’s current signal for Mitchell Services Limited (MSV.AX) is Strong Buy, based on a StockRank of 100/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Mitchell Services Limited in?
Mitchell Services Limited (MSV.AX) operates in the Basic Materials sector, specifically the Other Industrial Metals & Mining industry (Australia).