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8ME (Matrix Composites & Engineering Ltd) Stock Analysis
Buy, Hold or Sell?

Let's analyze Matrix Composites & Engineering Ltd together

I guess you are interested in Matrix Composites & Engineering Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Matrix Composites & Engineering Ltd’s Financial Insights
  • 📈 Technical Analysis (TA) – Matrix Composites & Engineering Ltd’s Price Targets

I'm going to help you getting a better view of Matrix Composites & Engineering Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Matrix Composites & Engineering Ltd (30 sec.)










1.2. What can you expect buying and holding a share of Matrix Composites & Engineering Ltd? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
20.0%

What is your share worth?

Current worth
€0.08
Expected worth in 1 year
€0.12
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
€0.04
Return On Investment
36.5%

For what price can you sell your share?

Current Price per Share
€0.12
Expected price per share
€0.057 - €0.163
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Matrix Composites & Engineering Ltd (5 min.)




Live pricePrice per Share (EOD)
€0.12
Intrinsic Value Per Share
€0.16 - €0.43
Total Value Per Share
€0.24 - €0.50

2.2. Growth of Matrix Composites & Engineering Ltd (5 min.)




Is Matrix Composites & Engineering Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$20.3m$17.5m$2.7m13.7%

How much money is Matrix Composites & Engineering Ltd making?

Current yearPrevious yearGrowGrow %
Making money$2.3m$5.6m-$3.3m-138.1%
Net Profit Margin4.3%18.4%--

How much money comes from the company's main activities?

2.3. Financial Health of Matrix Composites & Engineering Ltd (5 min.)




2.4. Comparing to competitors in the Engineering & Construction industry (5 min.)




  Industry Rankings (Engineering & Construction)  


Richest
#489 / 587

Most Revenue
#393 / 587

Most Profit
#298 / 587

Most Efficient
#182 / 587
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Matrix Composites & Engineering Ltd?

Welcome investor! Matrix Composites & Engineering Ltd's management wants to use your money to grow the business. In return you get a share of Matrix Composites & Engineering Ltd.

First you should know what it really means to hold a share of Matrix Composites & Engineering Ltd. And how you can make/lose money.

Speculation

The Price per Share of Matrix Composites & Engineering Ltd is €0.117. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Matrix Composites & Engineering Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Matrix Composites & Engineering Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €0.08. Based on the TTM, the Book Value Change Per Share is €0.01 per quarter. Based on the YOY, the Book Value Change Per Share is €0.07 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Matrix Composites & Engineering Ltd.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.019.1%0.019.1%0.0321.7%0.016.3%-0.05-44.2%-0.04-32.6%
Usd Book Value Change Per Share0.0110.6%0.0110.6%0.0870.3%0.0328.3%-0.04-31.1%-0.03-26.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.7%
Usd Total Gains Per Share0.0110.6%0.0110.6%0.0870.3%0.0328.3%-0.04-31.1%-0.03-25.8%
Usd Price Per Share0.21-0.21-0.16-0.15-0.12-0.21-
Price to Earnings Ratio19.67-19.67-6.15-6.55-3.67--1.72-
Price-to-Total Gains Ratio16.87-16.87-1.90-12.57-7.30-2.44-
Price to Book Ratio2.31-2.31-1.99--6.10--5.19--2.15-
Price-to-Total Gains Ratio16.87-16.87-1.90-12.57-7.30-2.44-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.1365858
Number of shares7321
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.01-0.04
Usd Total Gains Per Share0.01-0.04
Gains per Quarter (7321 shares)91.18-266.23
Gains per Year (7321 shares)364.70-1,064.93
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
103653550-1065-1075
207297200-2130-2140
30109410850-3195-3205
40145914500-4260-4270
50182418150-5325-5335
60218821800-6390-6400
70255325450-7454-7465
80291829100-8519-8530
90328232750-9584-9595
100364736400-10649-10660

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%3.07.00.030.0%4.07.00.036.4%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%4.06.00.040.0%5.06.00.045.5%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%2.00.08.020.0%3.00.08.027.3%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%4.06.00.040.0%5.06.00.045.5%
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3.2. Key Performance Indicators

The key performance indicators of Matrix Composites & Engineering Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0110.0110%0.070-85%0.028-62%-0.031+392%-0.027+349%
Book Value Per Share--0.0780.0780%0.067+16%0.047+65%0.041+88%0.166-53%
Current Ratio--2.6302.6300%3.086-15%3.067-14%3.625-27%3.444-24%
Debt To Asset Ratio--0.6740.6740%0.665+1%0.793-15%0.798-16%0.460+47%
Debt To Equity Ratio--2.0682.0680%1.985+4%1.351+53%1.039+99%0.592+249%
Dividend Per Share----0%-0%-0%-0%0.001-100%
Enterprise Value--4254376.6404254376.6400%146735.472+2799%522514.501+714%-1914991.888+145%22711371.602-81%
Eps--0.0090.0090%0.022-58%0.006+45%-0.044+584%-0.033+457%
Ev To Sales Ratio--0.0890.0890%0.006+1509%-0.027+131%-0.220+348%1.037-91%
Free Cash Flow Per Share--0.0160.0160%-0.029+282%-0.009+157%-0.013+180%-0.009+154%
Free Cash Flow To Equity Per Share--0.0080.0080%0.031-73%0.013-38%-0.003+139%0.000+104%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.426----------
Intrinsic Value_10Y_min--0.161----------
Intrinsic Value_1Y_max--0.002----------
Intrinsic Value_1Y_min---0.006----------
Intrinsic Value_3Y_max--0.037----------
Intrinsic Value_3Y_min--0.002----------
Intrinsic Value_5Y_max--0.110----------
Intrinsic Value_5Y_min--0.030----------
Market Cap26185887.936-54%40285981.44040285981.4400%29990675.072+34%28946223.701+39%23276344.832+73%40198695.147+0%
Net Profit Margin--0.0430.0430%0.184-77%0.020+115%-0.775+1908%-0.548+1377%
Operating Margin----0%-0.0660%-0.0910%-0.2500%-0.2830%
Operating Ratio--0.7940.7940%0.882-10%0.872-9%0.978-19%1.231-36%
Pb Ratio1.503-54%2.3122.3120%1.995+16%-6.100+364%-5.193+325%-2.153+193%
Pe Ratio12.784-54%19.66819.6680%6.149+220%6.548+200%3.670+436%-1.723+109%
Price Per Share0.117-54%0.1800.1800%0.134+34%0.129+39%0.104+73%0.180+0%
Price To Free Cash Flow Ratio7.300-54%11.23111.2310%-4.602+141%0.472+2281%-1.160+110%-2.955+126%
Price To Total Gains Ratio10.967-54%16.87316.8730%1.902+787%12.565+34%7.297+131%2.443+591%
Quick Ratio--0.8480.8480%1.262-33%0.904-6%0.794+7%0.806+5%
Return On Assets--0.0380.0380%0.109-65%0.001+3461%-0.361+1041%-0.218+669%
Return On Equity--0.1180.1180%0.324-64%0.147-20%-0.358+405%-0.220+287%
Total Gains Per Share--0.0110.0110%0.070-85%0.028-62%-0.031+392%-0.026+342%
Usd Book Value--20341042.60020341042.6000%17553699.990+16%12346506.764+65%10821710.118+88%43353212.019-53%
Usd Book Value Change Per Share--0.0120.0120%0.082-85%0.033-62%-0.036+392%-0.031+349%
Usd Book Value Per Share--0.0910.0910%0.078+16%0.055+65%0.048+88%0.194-53%
Usd Dividend Per Share----0%-0%-0%-0%0.001-100%
Usd Enterprise Value--4966559.2904966559.2900%171298.990+2799%609983.429+714%-2235561.530+145%26513255.209-81%
Usd Eps--0.0110.0110%0.025-58%0.007+45%-0.052+584%-0.038+457%
Usd Free Cash Flow--4187572.3684187572.3680%-7607149.867+282%-2376127.594+157%-3336547.481+180%-1793632.212+143%
Usd Free Cash Flow Per Share--0.0190.0190%-0.034+282%-0.011+157%-0.015+180%-0.010+154%
Usd Free Cash Flow To Equity Per Share--0.0100.0100%0.036-73%0.016-38%-0.004+139%0.000+104%
Usd Market Cap30569405.576-54%47029854.73347029854.7330%35011114.079+34%33791821.549+39%27172804.957+73%46927956.714+0%
Usd Price Per Share0.137-54%0.2100.2100%0.156+34%0.151+39%0.121+73%0.210+0%
Usd Profit--2391212.0372391212.0370%5694049.068-58%1650981.286+45%-11129695.080+565%-8324788.539+448%
Usd Revenue--55771774.32255771774.3220%30958522.485+80%35167956.364+59%27010595.997+106%35191994.975+58%
Usd Total Gains Per Share--0.0120.0120%0.082-85%0.033-62%-0.036+392%-0.030+342%
 EOD+4 -4MRQTTM+0 -0YOY+15 -203Y+21 -145Y+29 -610Y+22 -15

3.3 Fundamental Score

Let's check the fundamental score of Matrix Composites & Engineering Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1512.784
Price to Book Ratio (EOD)Between0-11.503
Net Profit Margin (MRQ)Greater than00.043
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.848
Current Ratio (MRQ)Greater than12.630
Debt to Asset Ratio (MRQ)Less than10.674
Debt to Equity Ratio (MRQ)Less than12.068
Return on Equity (MRQ)Greater than0.150.118
Return on Assets (MRQ)Greater than0.050.038
Total4/10 (40.0%)

3.4 Technical Score

Let's check the technical score of Matrix Composites & Engineering Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.365
Ma 20Greater thanMa 500.098
Ma 50Greater thanMa 1000.097
Ma 100Greater thanMa 2000.096
OpenGreater thanClose0.117
Total3/5 (60.0%)

4. In-depth Analysis

4.1 About Matrix Composites & Engineering Ltd

Matrix Composites & Engineering Ltd engages in the design, engineering, and manufacturing of engineered polymer products for the energy, mining and resource, and defence industries. It offers autonomous underwater vehicles/unmanned underwater vehicles buoyancy, distributed buoyancy module systems, drill riser buoyancy systems, matrix longitudinal groove system (LGS) riser buoyancy system, and Matrix LGS surf systems, as well as Matrix MarineShield, a wraparound corrosion protection system for the preservation of pipelines, risers, piles, and other critical field infrastructure. The company also provides well construction and completion products, such as matrix conductor centralizers for fixed platform wells; matrix riser sealing mandrel to enhance the safety of completion and workover operations on board floating drilling units and workover vessels; and Max-R low friction centralizers for well and drilling completions. In addition, it offers VIV suppression equipment for rigid pipelines and coatings application training. Further, the company distributes coatings, which include Humiclean, a cleaning agent; Humidur Char, a passive fire protection product; Humidur FP, a solvent free epoxy coating; Humidur WF22 anti corrosion coating; and Humidur TC, a solvent-free epoxy siloxane hybrid top coating. Additionally, it provides Matrix Fibrenetic, a rapid installation and lightweight carbon fiber repair system to remediate corroded structures; Matrix Rotolining, an internal lining system; Kinetica dropped object protection cells for protecting critical equipment and work site areas from dropped objects; Kinetic syntactic foam; and provision of inspection, maintenance, and repair services. Matrix Composites & Engineering Ltd was incorporated in 1990 and is headquartered in Henderson, Australia.

Fundamental data was last updated by Penke on 2025-07-06 03:45:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Matrix Composites & Engineering Ltd earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Matrix Composites & Engineering Ltd to the Engineering & Construction industry mean.
  • A Net Profit Margin of 4.3% means that €0.04 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Matrix Composites & Engineering Ltd:

  • The MRQ is 4.3%. The company is making a profit. +1
  • The TTM is 4.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.3%TTM4.3%0.0%
TTM4.3%YOY18.4%-14.1%
TTM4.3%5Y-77.5%+81.8%
5Y-77.5%10Y-54.8%-22.7%
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ4.3%2.3%+2.0%
TTM4.3%2.2%+2.1%
YOY18.4%2.5%+15.9%
3Y2.0%2.2%-0.2%
5Y-77.5%2.2%-79.7%
10Y-54.8%2.7%-57.5%
4.3.1.2. Return on Assets

Shows how efficient Matrix Composites & Engineering Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Matrix Composites & Engineering Ltd to the Engineering & Construction industry mean.
  • 3.8% Return on Assets means that Matrix Composites & Engineering Ltd generated €0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Matrix Composites & Engineering Ltd:

  • The MRQ is 3.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.8%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.8%TTM3.8%0.0%
TTM3.8%YOY10.9%-7.0%
TTM3.8%5Y-36.1%+39.9%
5Y-36.1%10Y-21.8%-14.3%
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ3.8%0.7%+3.1%
TTM3.8%0.8%+3.0%
YOY10.9%0.8%+10.1%
3Y0.1%0.7%-0.6%
5Y-36.1%0.7%-36.8%
10Y-21.8%0.9%-22.7%
4.3.1.3. Return on Equity

Shows how efficient Matrix Composites & Engineering Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Matrix Composites & Engineering Ltd to the Engineering & Construction industry mean.
  • 11.8% Return on Equity means Matrix Composites & Engineering Ltd generated €0.12 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Matrix Composites & Engineering Ltd:

  • The MRQ is 11.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ11.8%TTM11.8%0.0%
TTM11.8%YOY32.4%-20.7%
TTM11.8%5Y-35.8%+47.6%
5Y-35.8%10Y-22.0%-13.8%
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ11.8%2.0%+9.8%
TTM11.8%2.4%+9.4%
YOY32.4%2.4%+30.0%
3Y14.7%2.2%+12.5%
5Y-35.8%2.0%-37.8%
10Y-22.0%2.4%-24.4%
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4.3.2. Operating Efficiency of Matrix Composites & Engineering Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Matrix Composites & Engineering Ltd is operating .

  • Measures how much profit Matrix Composites & Engineering Ltd makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Matrix Composites & Engineering Ltd to the Engineering & Construction industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Matrix Composites & Engineering Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-6.6%+6.6%
TTM-5Y-25.0%+25.0%
5Y-25.0%10Y-28.3%+3.3%
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.0%-6.0%
TTM-4.3%-4.3%
YOY-6.6%2.8%-9.4%
3Y-9.1%2.2%-11.3%
5Y-25.0%3.0%-28.0%
10Y-28.3%3.6%-31.9%
4.3.2.2. Operating Ratio

Measures how efficient Matrix Composites & Engineering Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Engineering & Construction industry mean).
  • An Operation Ratio of 0.79 means that the operating costs are €0.79 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Matrix Composites & Engineering Ltd:

  • The MRQ is 0.794. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.794. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.794TTM0.7940.000
TTM0.794YOY0.882-0.088
TTM0.7945Y0.978-0.185
5Y0.97810Y1.231-0.253
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7941.717-0.923
TTM0.7941.640-0.846
YOY0.8821.323-0.441
3Y0.8721.443-0.571
5Y0.9781.350-0.372
10Y1.2311.200+0.031
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4.4.3. Liquidity of Matrix Composites & Engineering Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Matrix Composites & Engineering Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Engineering & Construction industry mean).
  • A Current Ratio of 2.63 means the company has €2.63 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Matrix Composites & Engineering Ltd:

  • The MRQ is 2.630. The company is able to pay all its short-term debts. +1
  • The TTM is 2.630. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.630TTM2.6300.000
TTM2.630YOY3.086-0.456
TTM2.6305Y3.625-0.996
5Y3.62510Y3.444+0.181
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6301.313+1.317
TTM2.6301.304+1.326
YOY3.0861.322+1.764
3Y3.0671.324+1.743
5Y3.6251.347+2.278
10Y3.4441.355+2.089
4.4.3.2. Quick Ratio

Measures if Matrix Composites & Engineering Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Matrix Composites & Engineering Ltd to the Engineering & Construction industry mean.
  • A Quick Ratio of 0.85 means the company can pay off €0.85 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Matrix Composites & Engineering Ltd:

  • The MRQ is 0.848. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.848. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.848TTM0.8480.000
TTM0.848YOY1.262-0.413
TTM0.8485Y0.794+0.054
5Y0.79410Y0.806-0.012
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8480.560+0.288
TTM0.8480.596+0.252
YOY1.2620.767+0.495
3Y0.9040.767+0.137
5Y0.7940.872-0.078
10Y0.8060.933-0.127
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4.5.4. Solvency of Matrix Composites & Engineering Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Matrix Composites & Engineering Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Matrix Composites & Engineering Ltd to Engineering & Construction industry mean.
  • A Debt to Asset Ratio of 0.67 means that Matrix Composites & Engineering Ltd assets are financed with 67.4% credit (debt) and the remaining percentage (100% - 67.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Matrix Composites & Engineering Ltd:

  • The MRQ is 0.674. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.674. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.674TTM0.6740.000
TTM0.674YOY0.665+0.009
TTM0.6745Y0.798-0.124
5Y0.79810Y0.460+0.338
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6740.619+0.055
TTM0.6740.622+0.052
YOY0.6650.622+0.043
3Y0.7930.622+0.171
5Y0.7980.621+0.177
10Y0.4600.612-0.152
4.5.4.2. Debt to Equity Ratio

Measures if Matrix Composites & Engineering Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Matrix Composites & Engineering Ltd to the Engineering & Construction industry mean.
  • A Debt to Equity ratio of 206.8% means that company has €2.07 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Matrix Composites & Engineering Ltd:

  • The MRQ is 2.068. The company is just not able to pay all its debts with equity.
  • The TTM is 2.068. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.068TTM2.0680.000
TTM2.068YOY1.985+0.083
TTM2.0685Y1.039+1.028
5Y1.03910Y0.592+0.447
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0681.617+0.451
TTM2.0681.688+0.380
YOY1.9851.651+0.334
3Y1.3511.695-0.344
5Y1.0391.694-0.655
10Y0.5921.729-1.137
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Matrix Composites & Engineering Ltd generates.

  • Above 15 is considered overpriced but always compare Matrix Composites & Engineering Ltd to the Engineering & Construction industry mean.
  • A PE ratio of 19.67 means the investor is paying €19.67 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Matrix Composites & Engineering Ltd:

  • The EOD is 12.784. Based on the earnings, the company is underpriced. +1
  • The MRQ is 19.668. Based on the earnings, the company is fair priced.
  • The TTM is 19.668. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD12.784MRQ19.668-6.884
MRQ19.668TTM19.6680.000
TTM19.668YOY6.149+13.519
TTM19.6685Y3.670+15.998
5Y3.67010Y-1.723+5.392
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
EOD12.78410.159+2.625
MRQ19.6689.161+10.507
TTM19.6688.295+11.373
YOY6.1498.909-2.760
3Y6.5489.365-2.817
5Y3.67011.149-7.479
10Y-1.72314.394-16.117
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Matrix Composites & Engineering Ltd:

  • The EOD is 7.300. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 11.231. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 11.231. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.300MRQ11.231-3.931
MRQ11.231TTM11.2310.000
TTM11.231YOY-4.602+15.833
TTM11.2315Y-1.160+12.390
5Y-1.16010Y-2.955+1.795
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
EOD7.300-0.423+7.723
MRQ11.231-0.494+11.725
TTM11.2310.807+10.424
YOY-4.6020.578-5.180
3Y0.4720.867-0.395
5Y-1.1600.730-1.890
10Y-2.9550.304-3.259
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Matrix Composites & Engineering Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Engineering & Construction industry mean).
  • A PB ratio of 2.31 means the investor is paying €2.31 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Matrix Composites & Engineering Ltd:

  • The EOD is 1.503. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.312. Based on the equity, the company is underpriced. +1
  • The TTM is 2.312. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.503MRQ2.312-0.809
MRQ2.312TTM2.3120.000
TTM2.312YOY1.995+0.318
TTM2.3125Y-5.193+7.505
5Y-5.19310Y-2.153-3.040
Compared to industry (Engineering & Construction)
PeriodCompanyIndustry (mean)+/- 
EOD1.5031.299+0.204
MRQ2.3121.156+1.156
TTM2.3121.160+1.152
YOY1.9951.229+0.766
3Y-6.1001.228-7.328
5Y-5.1931.303-6.496
10Y-2.1531.593-3.746
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2020-06-302021-06-302022-06-302023-06-302024-06-30
Operating Income  -6,3281,187-5,1411,835-3,306-226-3,5314,7241,192



6.2. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets95,151
Total Liabilities64,136
Total Stockholder Equity31,015
 As reported
Total Liabilities 64,136
Total Stockholder Equity+ 31,015
Total Assets = 95,151

Assets

Total Assets95,151
Total Current Assets59,767
Long-term Assets35,384
Total Current Assets
Cash And Cash Equivalents 23,320
Net Receivables 19,283
Inventory 8,701
Total Current Assets  (as reported)59,767
Total Current Assets  (calculated)51,304
+/- 8,463
Long-term Assets
Property Plant Equipment 34,062
Intangible Assets 990
Long-term Assets Other 332
Long-term Assets  (as reported)35,384
Long-term Assets  (calculated)35,384
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities22,726
Long-term Liabilities41,410
Total Stockholder Equity31,015
Total Current Liabilities
Accounts payable 6,189
Other Current Liabilities 10,317
Total Current Liabilities  (as reported)22,726
Total Current Liabilities  (calculated)16,506
+/- 6,220
Long-term Liabilities
Long term Debt 8,916
Capital Lease Obligations Min Short Term Debt30,477
Long-term Liabilities  (as reported)41,410
Long-term Liabilities  (calculated)39,393
+/- 2,017
Total Stockholder Equity
Total Stockholder Equity (as reported)31,015
Total Stockholder Equity (calculated)0
+/- 31,015
Other
Capital Stock139,992
Common Stock Shares Outstanding 219,551
Net Invested Capital 39,931
Net Working Capital 37,041
Property Plant and Equipment Gross 161,813



6.3. Balance Sheets Structured

Currency in AUD. All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-30
> Total Assets 
192,043
180,214
146,641
121,263
109,239
108,240
61,949
36,497
33,220
79,887
95,151
95,15179,88733,22036,49761,949108,240109,239121,263146,641180,214192,043
   > Total Current Assets 
72,667
71,122
45,270
32,171
24,305
27,845
28,184
19,363
17,962
48,364
59,767
59,76748,36417,96219,36328,18427,84524,30532,17145,27071,12272,667
       Cash And Cash Equivalents 
19,546
14,468
8,403
16,603
10,595
9,374
14,681
7,164
7,591
12,547
23,320
23,32012,5477,5917,16414,6819,37410,59516,6038,40314,46819,546
       Short-term Investments 
0
0
0
0
0
0
0
0
0
7,471
0
07,471000000000
       Net Receivables 
29,822
34,482
8,825
6,404
5,406
8,274
2,687
4,746
3,096
12,302
19,283
19,28312,3023,0964,7462,6878,2745,4066,4048,82534,48229,822
       Inventory 
18,758
20,726
10,632
8,743
7,816
9,764
7,597
6,563
6,516
5,879
8,701
8,7015,8796,5166,5637,5979,7647,8168,74310,63220,72618,758
       Other Current Assets 
3,985
502
0
0
489
433
541
0
0
77
0
07700541433489005023,985
   > Long-term Assets 
0
0
101,371
89,092
84,934
80,395
33,765
17,134
15,258
31,523
35,384
35,38431,52315,25817,13433,76580,39584,93489,092101,37100
       Property Plant Equipment 
99,852
91,321
81,743
73,727
69,819
65,168
33,765
17,134
14,653
29,463
34,062
34,06229,46314,65317,13433,76565,16869,81973,72781,74391,32199,852
       Goodwill 
6,415
6,415
6,415
0
0
0
0
0
0
0
0
000000006,4156,4156,415
       Intangible Assets 
0
0
2,589
2,810
2,559
2,672
0
0
605
944
990
990944605002,6722,5592,8102,58900
       Long-term Assets Other 
0
0
0
0
84,934
80,395
0
0
0
1,116
332
3321,11600080,39584,9340000
> Total Liabilities 
55,231
42,400
13,204
6,449
9,842
15,176
33,061
39,359
34,524
53,122
64,136
64,13653,12234,52439,35933,06115,1769,8426,44913,20442,40055,231
   > Total Current Liabilities 
51,534
33,179
10,503
6,035
9,326
14,452
4,548
7,093
5,155
15,671
22,726
22,72615,6715,1557,0934,54814,4529,3266,03510,50333,17951,534
       Short-term Debt 
13,354
4,203
2,931
1,525
3,819
7,263
0
0
0
0
0
000007,2633,8191,5252,9314,20313,354
       Short Long Term Debt 
13,354
4,203
2,931
1,525
3,819
7,263
0
0
0
0
0
000007,2633,8191,5252,9314,20313,354
       Accounts payable 
16,214
8,841
3,750
1,657
2,293
4,911
1,542
1,224
1,064
2,076
6,189
6,1892,0761,0641,2241,5424,9112,2931,6573,7508,84116,214
       Other Current Liabilities 
19,762
18,969
1,879
2,327
2,687
1,646
2,012
3,927
1,697
11,088
10,317
10,31711,0881,6973,9272,0121,6462,6872,3271,87918,96919,762
   > Long-term Liabilities 
0
0
2,701
414
516
723
28,513
32,266
29,369
37,451
41,410
41,41037,45129,36932,26628,5137235164142,70100
       Capital Lease Obligations 
0
0
0
0
0
0
28,191
27,716
27,260
26,634
30,477
30,47726,63427,26027,71628,191000000
       Long-term Liabilities Other 
0
0
386
0
0
0
0
0
0
0
0
0000000038600
       Deferred Long Term Liability 
2,056
2,284
2,589
2,810
2,559
2,672
0
0
605
944
0
0944605002,6722,5592,8102,5892,2842,056
> Total Stockholder Equity
136,822
137,824
133,447
114,814
99,397
93,065
28,888
-2,862
-1,304
26,765
31,015
31,01526,765-1,304-2,86228,88893,06599,397114,814133,447137,824136,822
   Common Stock
111,785
111,785
111,556
111,284
111,284
114,170
114,170
114,170
120,713
139,851
0
0139,851120,713114,170114,170114,170111,284111,284111,556111,785111,785
   Retained Earnings 
23,847
25,590
22,809
3,281
-12,109
-20,793
-90,073
-117,997
-122,773
-114,091
-108,579
-108,579-114,091-122,773-117,997-90,073-20,793-12,1093,28122,80925,59023,847
   Capital Surplus 00000000000
   Treasury Stock00000000000
   Other Stockholders Equity 
917
377
-684
249
222
-312
-11
965
756
1,005
0
01,005756965-11-312222249-684377917



6.4. Balance Sheets

Currency in AUD. All numbers in thousands.




6.5. Cash Flows

Currency in AUD. All numbers in thousands.




6.6. Income Statements

Currency in AUD. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in AUD. All numbers in thousands.

Gross Profit (+$)
totalRevenue85,038
Cost of Revenue-67,507
Gross Profit17,53117,531
 
Operating Income (+$)
Gross Profit17,531
Operating Expense--
Operating Income2,12217,531
 
Operating Expense (+$)
Research Development573
Selling General Administrative7,627
Selling And Marketing Expenses-
Operating Expense-8,200
 
Net Interest Income (+$)
Interest Income888
Interest Expense-1,571
Other Finance Cost-2,236
Net Interest Income-2,919
 
Pretax Income (+$)
Operating Income2,122
Net Interest Income-2,919
Other Non-Operating Income Expenses-
Income Before Tax (EBT)3,6462,162
EBIT - interestExpense = -1,571
3,646
5,217
Interest Expense1,571
Earnings Before Interest and Taxes (EBIT)-5,217
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax3,646
Tax Provision-0
Net Income From Continuing Ops3,6463,646
Net Income3,646
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-402,919
 

Technical Analysis of Matrix Composites & Engineering Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Matrix Composites & Engineering Ltd. The general trend of Matrix Composites & Engineering Ltd is BULLISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Matrix Composites & Engineering Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (14.3%) Bearish trend (-14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Matrix Composites & Engineering Ltd Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Matrix Composites & Engineering Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.131 < 0.141 < 0.163.

The bearish price targets are: 0.073 > 0.057.

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Matrix Composites & Engineering Ltd Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Matrix Composites & Engineering Ltd. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Matrix Composites & Engineering Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Matrix Composites & Engineering Ltd. The current macd is 0.00818435.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Matrix Composites & Engineering Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Matrix Composites & Engineering Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Matrix Composites & Engineering Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Matrix Composites & Engineering Ltd Daily Moving Average Convergence/Divergence (MACD) ChartMatrix Composites & Engineering Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Matrix Composites & Engineering Ltd. The current adx is 23.45.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Matrix Composites & Engineering Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Matrix Composites & Engineering Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Matrix Composites & Engineering Ltd. The current sar is 0.09497976.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Matrix Composites & Engineering Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Matrix Composites & Engineering Ltd. The current rsi is 56.37. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Matrix Composites & Engineering Ltd Daily Relative Strength Index (RSI) ChartMatrix Composites & Engineering Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Matrix Composites & Engineering Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Matrix Composites & Engineering Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Matrix Composites & Engineering Ltd Daily Stochastic Oscillator ChartMatrix Composites & Engineering Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Matrix Composites & Engineering Ltd. The current cci is 65.73.

Matrix Composites & Engineering Ltd Daily Commodity Channel Index (CCI) ChartMatrix Composites & Engineering Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Matrix Composites & Engineering Ltd. The current cmo is 13.47.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Matrix Composites & Engineering Ltd Daily Chande Momentum Oscillator (CMO) ChartMatrix Composites & Engineering Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Matrix Composites & Engineering Ltd. The current willr is -27.45098039.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Matrix Composites & Engineering Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Matrix Composites & Engineering Ltd Daily Williams %R ChartMatrix Composites & Engineering Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Matrix Composites & Engineering Ltd.

Matrix Composites & Engineering Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Matrix Composites & Engineering Ltd. The current atr is 0.00847494.

Matrix Composites & Engineering Ltd Daily Average True Range (ATR) ChartMatrix Composites & Engineering Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Matrix Composites & Engineering Ltd. The current obv is -232.

Matrix Composites & Engineering Ltd Daily On-Balance Volume (OBV) ChartMatrix Composites & Engineering Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Matrix Composites & Engineering Ltd. The current mfi is 79.27.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Matrix Composites & Engineering Ltd Daily Money Flow Index (MFI) ChartMatrix Composites & Engineering Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Matrix Composites & Engineering Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-20 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-25 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-26 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-28 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-03 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-04 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-05 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-06 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-10 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-17 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-18 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-19 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-03-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-21 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-24 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-25 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-26 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-31 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-02 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-04 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-17 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-22 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-23 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-25 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-02 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-05 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-07 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-09 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-12 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-13 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-14 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-16 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-05-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-05-20 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-21 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-23 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-29 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-30 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-03 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-05 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-09 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-10 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-13 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-16 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-18 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-23 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-25 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-30 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-07-01 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-02 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-07-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Matrix Composites & Engineering Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Matrix Composites & Engineering Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.365
Ma 20Greater thanMa 500.098
Ma 50Greater thanMa 1000.097
Ma 100Greater thanMa 2000.096
OpenGreater thanClose0.117
Total3/5 (60.0%)
Penke
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