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McGrath Ltd
Buy, Hold or Sell?

Let's analyse Mcgrath together

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

I'm going to help you getting a better view of McGrath 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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Mcgrath (30 sec.)










What can you expect buying and holding a share of Mcgrath? (30 sec.)

How much money do you get?

How much money do you get?
A$0.04
When do you have the money?
1 year
How often do you get paid?
63.9%

What is your share worth?

Current worth
A$0.34
Expected worth in 1 year
A$0.37
How sure are you?
61.1%

+ What do you gain per year?

Total Gains per Share
A$0.10
Return On Investment
16.4%

For what price can you sell your share?

Current Price per Share
A$0.59
Expected price per share
A$0.46 - A$
How sure are you?
50%

1. Valuation of Mcgrath (5 min.)




Live pricePrice per Share (EOD)

A$0.59

Intrinsic Value Per Share

A$1.98 - A$2.34

Total Value Per Share

A$2.32 - A$2.68

2. Growth of Mcgrath (5 min.)




Is Mcgrath growing?

Current yearPrevious yearGrowGrow %
How rich?$35m$34.6m$1.8m5.1%

How much money is Mcgrath making?

Current yearPrevious yearGrowGrow %
Making money$3m$1.6m$1.4m46.8%
Net Profit Margin13.4%4.4%--

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

3. Financial Health of Mcgrath (5 min.)




4. Comparing to competitors in the Real Estate Services industry (5 min.)




  Industry Rankings (Real Estate Services)  


Richest
#373 / 460

Most Revenue
#262 / 460

Most Profit
#171 / 460

Most Efficient
#147 / 460

What can you expect buying and holding a share of Mcgrath? (5 min.)

Welcome investor! Mcgrath's management wants to use your money to grow the business. In return you get a share of Mcgrath.

What can you expect buying and holding a share of Mcgrath?

First you should know what it really means to hold a share of Mcgrath. And how you can make/lose money.

Speculation

The Price per Share of Mcgrath is A$0.59. 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 Mcgrath.
  • 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 Mcgrath, 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 A$0.34. Based on the TTM, the Book Value Change Per Share is A$0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 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 A$0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Mcgrath.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.035.2%0.023.2%0.011.3%0.011.4%-0.01-1.0%
Usd Book Value Change Per Share0.011.7%0.011.0%0.000.4%0.000.7%0.011.0%
Usd Dividend Per Share0.023.9%0.011.7%0.011.3%0.000.7%0.000.6%
Usd Total Gains Per Share0.035.5%0.022.7%0.011.7%0.011.3%0.011.7%
Usd Price Per Share0.27-0.25-0.27-0.25-0.31-
Price to Earnings Ratio2.23-4.15-10.40-2.62-6.25-
Price-to-Total Gains Ratio8.32-2.31-27.74-36.15-39.40-
Price to Book Ratio1.23-1.10-1.31-1.54-1.39-
Price-to-Total Gains Ratio8.32-2.31-27.74-36.15-39.40-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.384857
Number of shares2598
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.00
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.020.01
Gains per Quarter (2598 shares)41.1020.34
Gains per Year (2598 shares)164.4081.38
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
110163154404171
22031263188083152
3304189482120124233
4405253646160166314
5506316810200207395
6608379974240248476
77094421138280290557
88105051302320331638
99115681466360372719
1010136311630400414800

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 Share3.00.00.0100.0%11.00.00.0100.0%15.04.00.078.9%26.010.00.072.2%26.010.00.072.2%
Book Value Change Per Share2.01.00.066.7%6.03.02.054.5%8.06.05.042.1%12.011.013.033.3%12.011.013.033.3%
Dividend per Share3.00.00.0100.0%11.00.00.0100.0%13.00.06.068.4%23.00.013.063.9%23.00.013.063.9%
Total Gains per Share2.01.00.066.7%9.02.00.081.8%12.05.02.063.2%22.010.04.061.1%22.010.04.061.1%

Fundamentals of Mcgrath

About McGrath Ltd

McGrath Limited operates as an integrated residential real estate services company in Australia. The company operates through Company Owned Sales, Company Owned Property Management, Franchise Services, and Other Services and Investments segments. The Company Owned Sales segment sells residential property on behalf of property vendors through its offices and agents. Its Company Owned Property Management segment manages residential properties on behalf of owner clients. The Franchise Services segment manages franchise offices for property sales and property management activities. Its Other Services and Investments segment provides auction, training, and mortgage broking services, as well as other network services. The company operates through its own and franchise offices. McGrath Limited was founded in 1988 and is based in Pyrmont, Australia.

Fundamental data was last updated by Penke on 2024-03-19 17:50:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is 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 operating less efficient.
The company is less 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 very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of McGrath Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Mcgrath earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Mcgrath to the Real Estate Services industry mean.
  • A Net Profit Margin of 18.3% means that $0.18 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of McGrath Ltd:

  • The MRQ is 18.3%. The company is making a huge profit. +2
  • The TTM is 13.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ18.3%TTM13.4%+4.9%
TTM13.4%YOY4.4%+9.0%
TTM13.4%5Y3.4%+10.0%
5Y3.4%10Y-4.3%+7.7%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ18.3%5.3%+13.0%
TTM13.4%3.4%+10.0%
YOY4.4%12.2%-7.8%
5Y3.4%9.9%-6.5%
10Y-4.3%12.4%-16.7%
1.1.2. Return on Assets

Shows how efficient Mcgrath is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Mcgrath to the Real Estate Services industry mean.
  • 8.7% Return on Assets means that Mcgrath generated $0.09 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of McGrath Ltd:

  • The MRQ is 8.7%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ8.7%TTM5.6%+3.1%
TTM5.6%YOY2.7%+2.8%
TTM5.6%5Y2.6%+3.0%
5Y2.6%10Y-0.8%+3.3%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ8.7%0.4%+8.3%
TTM5.6%0.4%+5.2%
YOY2.7%1.1%+1.6%
5Y2.6%1.0%+1.6%
10Y-0.8%1.2%-2.0%
1.1.3. Return on Equity

Shows how efficient Mcgrath is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Mcgrath to the Real Estate Services industry mean.
  • 13.9% Return on Equity means Mcgrath generated $0.14 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of McGrath Ltd:

  • The MRQ is 13.9%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.9%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ13.9%TTM8.9%+5.0%
TTM8.9%YOY5.0%+3.8%
TTM8.9%5Y5.3%+3.5%
5Y5.3%10Y0.5%+4.8%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ13.9%1.0%+12.9%
TTM8.9%0.8%+8.1%
YOY5.0%2.2%+2.8%
5Y5.3%2.0%+3.3%
10Y0.5%2.7%-2.2%

1.2. Operating Efficiency of McGrath Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Mcgrath is operating .

  • Measures how much profit Mcgrath 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 Mcgrath to the Real Estate Services industry mean.
  • An Operating Margin of 9.2% means the company generated $0.09  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of McGrath Ltd:

  • The MRQ is 9.2%. The company is operating less efficient.
  • The TTM is 6.3%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ9.2%TTM6.3%+2.9%
TTM6.3%YOY5.7%+0.7%
TTM6.3%5Y2.0%+4.3%
5Y2.0%10Y-4.3%+6.3%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ9.2%16.8%-7.6%
TTM6.3%10.8%-4.5%
YOY5.7%17.8%-12.1%
5Y2.0%17.4%-15.4%
10Y-4.3%16.1%-20.4%
1.2.2. Operating Ratio

Measures how efficient Mcgrath is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Real Estate Services industry mean).
  • An Operation Ratio of 0.91 means that the operating costs are $0.91 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of McGrath Ltd:

  • The MRQ is 0.908. The company is less efficient in keeping operating costs low.
  • The TTM is 0.914. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.908TTM0.914-0.006
TTM0.914YOY0.686+0.228
TTM0.9145Y0.606+0.308
5Y0.60610Y0.553+0.053
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9081.065-0.157
TTM0.9141.092-0.178
YOY0.6861.062-0.376
5Y0.6061.074-0.468
10Y0.5531.005-0.452

1.3. Liquidity of McGrath Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Mcgrath is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Real Estate Services industry mean).
  • A Current Ratio of 2.39 means the company has $2.39 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of McGrath Ltd:

  • The MRQ is 2.393. The company is able to pay all its short-term debts. +1
  • The TTM is 2.464. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.393TTM2.464-0.071
TTM2.464YOY1.872+0.592
TTM2.4645Y1.864+0.600
5Y1.86410Y1.580+0.284
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3931.574+0.819
TTM2.4641.563+0.901
YOY1.8721.591+0.281
5Y1.8641.791+0.073
10Y1.5801.738-0.158
1.3.2. Quick Ratio

Measures if Mcgrath is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Mcgrath to the Real Estate Services industry mean.
  • A Quick Ratio of 2.13 means the company can pay off $2.13 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of McGrath Ltd:

  • The MRQ is 2.129. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.777. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.129TTM1.777+0.352
TTM1.777YOY1.741+0.036
TTM1.7775Y1.393+0.384
5Y1.39310Y1.198+0.195
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1290.499+1.630
TTM1.7770.543+1.234
YOY1.7410.895+0.846
5Y1.3930.990+0.403
10Y1.1980.938+0.260

1.4. Solvency of McGrath Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Mcgrath assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Mcgrath to Real Estate Services industry mean.
  • A Debt to Asset Ratio of 0.37 means that Mcgrath assets are financed with 37.3% credit (debt) and the remaining percentage (100% - 37.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of McGrath Ltd:

  • The MRQ is 0.373. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.327. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.373TTM0.327+0.046
TTM0.327YOY0.406-0.080
TTM0.3275Y0.481-0.154
5Y0.48110Y0.397+0.084
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3730.514-0.141
TTM0.3270.523-0.196
YOY0.4060.512-0.106
5Y0.4810.527-0.046
10Y0.3970.525-0.128
1.4.2. Debt to Equity Ratio

Measures if Mcgrath is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Mcgrath to the Real Estate Services industry mean.
  • A Debt to Equity ratio of 59.5% means that company has $0.59 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of McGrath Ltd:

  • The MRQ is 0.595. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.519. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.595TTM0.519+0.076
TTM0.519YOY0.739-0.220
TTM0.5195Y1.034-0.515
5Y1.03410Y0.791+0.243
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5951.038-0.443
TTM0.5191.059-0.540
YOY0.7391.042-0.303
5Y1.0341.159-0.125
10Y0.7911.268-0.477

2. Market Valuation of McGrath Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Mcgrath generates.

  • Above 15 is considered overpriced but always compare Mcgrath to the Real Estate Services industry mean.
  • A PE ratio of 2.23 means the investor is paying $2.23 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of McGrath Ltd:

  • The EOD is 3.165. Based on the earnings, the company is cheap. +2
  • The MRQ is 2.226. Based on the earnings, the company is cheap. +2
  • The TTM is 4.155. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.165MRQ2.226+0.939
MRQ2.226TTM4.155-1.928
TTM4.155YOY10.401-6.246
TTM4.1555Y2.619+1.536
5Y2.61910Y6.248-3.629
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
EOD3.1654.304-1.139
MRQ2.2265.443-3.217
TTM4.1556.308-2.153
YOY10.4017.876+2.525
5Y2.6198.986-6.367
10Y6.2489.990-3.742
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of McGrath Ltd:

  • The EOD is 10.414. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 7.325. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 7.093. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD10.414MRQ7.325+3.089
MRQ7.325TTM7.093+0.232
TTM7.093YOY-5.464+12.557
TTM7.0935Y-0.578+7.671
5Y-0.57810Y-15.045+14.467
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
EOD10.4145.315+5.099
MRQ7.3255.800+1.525
TTM7.0934.240+2.853
YOY-5.4646.169-11.633
5Y-0.5784.451-5.029
10Y-15.0454.838-19.883
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Mcgrath is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Real Estate Services industry mean).
  • A PB ratio of 1.23 means the investor is paying $1.23 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of McGrath Ltd:

  • The EOD is 1.755. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.235. Based on the equity, the company is underpriced. +1
  • The TTM is 1.102. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.755MRQ1.235+0.521
MRQ1.235TTM1.102+0.133
TTM1.102YOY1.311-0.209
TTM1.1025Y1.543-0.441
5Y1.54310Y1.393+0.150
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
EOD1.7550.731+1.024
MRQ1.2350.844+0.391
TTM1.1020.841+0.261
YOY1.3111.027+0.284
5Y1.5431.066+0.477
10Y1.3931.184+0.209
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of McGrath Ltd.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of McGrath Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0150.009+61%0.003+336%0.006+146%0.009+61%
Book Value Per Share--0.3360.346-3%0.322+4%0.256+31%0.325+3%
Current Ratio--2.3932.464-3%1.872+28%1.864+28%1.580+51%
Debt To Asset Ratio--0.3730.327+14%0.406-8%0.481-22%0.397-6%
Debt To Equity Ratio--0.5950.519+15%0.739-20%1.034-42%0.791-25%
Dividend Per Share--0.0350.015+133%0.012+194%0.006+491%0.006+511%
Eps--0.0470.029+61%0.011+310%0.013+272%-0.009+120%
Free Cash Flow Per Share--0.0140.013+6%0.015-7%0.013+11%0.009+63%
Free Cash Flow To Equity Per Share---0.036-0.013-62%-0.012-66%0.005-828%0.007-606%
Gross Profit Margin--0.8780.869+1%0.748+17%0.572+53%0.716+23%
Intrinsic Value_10Y_max--2.344--------
Intrinsic Value_10Y_min--1.981--------
Intrinsic Value_1Y_max--0.118--------
Intrinsic Value_1Y_min--0.116--------
Intrinsic Value_3Y_max--0.444--------
Intrinsic Value_3Y_min--0.422--------
Intrinsic Value_5Y_max--0.878--------
Intrinsic Value_5Y_min--0.807--------
Market Cap93915020.000+29%66426643.00061371869.940+8%68602345.634-3%64634759.029+3%77950426.710-15%
Net Profit Margin--0.1830.134+37%0.044+318%0.034+446%-0.043+124%
Operating Margin--0.0920.063+45%0.057+62%0.020+356%-0.043+147%
Operating Ratio--0.9080.914-1%0.686+32%0.606+50%0.553+64%
Pb Ratio1.755+30%1.2351.102+12%1.311-6%1.543-20%1.393-11%
Pe Ratio3.165+30%2.2264.155-46%10.401-79%2.619-15%6.248-64%
Price Per Share0.590+30%0.4150.380+9%0.414+0%0.387+7%0.479-13%
Price To Free Cash Flow Ratio10.414+30%7.3257.093+3%-5.464+175%-0.578+108%-15.045+305%
Price To Total Gains Ratio11.830+30%8.3212.311+260%27.736-70%36.150-77%39.397-79%
Quick Ratio--2.1291.777+20%1.741+22%1.393+53%1.198+78%
Return On Assets--0.0870.056+56%0.027+218%0.026+238%-0.008+109%
Return On Equity--0.1390.089+57%0.050+177%0.053+160%0.005+2705%
Total Gains Per Share--0.0500.024+106%0.015+226%0.012+315%0.015+232%
Usd Book Value--35091130.80036482921.567-4%34618213.300+1%27817573.821+26%34414586.983+2%
Usd Book Value Change Per Share--0.0100.006+61%0.002+336%0.004+146%0.006+61%
Usd Book Value Per Share--0.2190.226-3%0.210+4%0.167+31%0.212+3%
Usd Dividend Per Share--0.0230.010+133%0.008+194%0.004+491%0.004+511%
Usd Eps--0.0300.019+61%0.007+310%0.008+272%-0.006+120%
Usd Free Cash Flow--1478764.1001409837.733+5%1670784.913-11%1367976.095+8%798224.946+85%
Usd Free Cash Flow Per Share--0.0090.009+6%0.010-7%0.008+11%0.006+63%
Usd Free Cash Flow To Equity Per Share---0.023-0.009-62%-0.008-66%0.003-828%0.005-606%
Usd Market Cap61260767.546+29%43330099.22940032870.762+8%44749310.057-3%42161253.315+3%50847063.343-15%
Usd Price Per Share0.385+30%0.2710.248+9%0.270+0%0.253+7%0.313-13%
Usd Profit--4865505.7003050698.383+59%1623493.163+200%1760592.032+176%-5281.818+100%
Usd Revenue--26559046.80021981748.983+21%19175255.413+39%19151854.150+39%18338834.678+45%
Usd Total Gains Per Share--0.0330.016+106%0.010+226%0.008+315%0.010+232%
 EOD+4 -4MRQTTM+25 -11YOY+25 -115Y+30 -610Y+28 -8

4.2. Fundamental Score

Let's check the fundamental score of McGrath Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-153.165
Price to Book Ratio (EOD)Between0-11.755
Net Profit Margin (MRQ)Greater than00.183
Operating Margin (MRQ)Greater than00.092
Quick Ratio (MRQ)Greater than12.129
Current Ratio (MRQ)Greater than12.393
Debt to Asset Ratio (MRQ)Less than10.373
Debt to Equity Ratio (MRQ)Less than10.595
Return on Equity (MRQ)Greater than0.150.139
Return on Assets (MRQ)Greater than0.050.087
Total8/10 (80.0%)

4.3. Technical Score

Let's check the technical score of McGrath Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5073.607
Ma 20Greater thanMa 500.502
Ma 50Greater thanMa 1000.476
Ma 100Greater thanMa 2000.439
OpenGreater thanClose0.595
Total5/5 (100.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-12-31
Other Stockholders Equity  -48,9300-48,930-2,018-50,9480-50,94851,875927



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in AUD. All numbers in thousands.

Summary
Total Assets85,763
Total Liabilities31,967
Total Stockholder Equity53,751
 As reported
Total Liabilities 31,967
Total Stockholder Equity+ 53,751
Total Assets = 85,763

Assets

Total Assets85,763
Total Current Assets47,497
Long-term Assets28,543
Total Current Assets
Cash And Cash Equivalents 26,346
Net Receivables 15,909
Total Current Assets  (as reported)47,497
Total Current Assets  (calculated)42,255
+/- 5,242
Long-term Assets
Property Plant Equipment 14,560
Intangible Assets 6,023
Long-term Assets Other 6,594
Long-term Assets  (as reported)28,543
Long-term Assets  (calculated)27,177
+/- 1,366

Liabilities & Shareholders' Equity

Total Current Liabilities19,852
Long-term Liabilities19,209
Total Stockholder Equity53,751
Total Current Liabilities
Short-term Debt 3,089
Accounts payable 14,507
Other Current Liabilities 5,345
Total Current Liabilities  (as reported)19,852
Total Current Liabilities  (calculated)22,941
+/- 3,089
Long-term Liabilities
Long-term Liabilities  (as reported)19,209
Long-term Liabilities  (calculated)0
+/- 19,209
Total Stockholder Equity
Common Stock104,450
Retained Earnings -80,572
Accumulated Other Comprehensive Income 29,873
Total Stockholder Equity (as reported)53,751
Total Stockholder Equity (calculated)53,751
+/-0
Other
Cash and Short Term Investments 26,346
Common Stock Shares Outstanding 160,064
Current Deferred Revenue-3,089
Liabilities and Stockholders Equity 85,763
Net Debt -13,588
Net Working Capital 27,645
Short Long Term Debt Total 12,758



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-12-312023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-09-302014-06-30
> Total Assets 
37,160
0
38,081
38,081
130,366
130,366
134,016
134,016
127,817
127,817
127,573
127,573
92,869
92,869
61,627
61,627
55,594
55,594
49,585
49,585
74,461
74,461
0
79,792
0
85,796
0
101,599
0
102,958
92,990
92,990
86,486
86,486
81,844
81,844
85,763
85,76381,84481,84486,48686,48692,99092,990102,9580101,599085,796079,792074,46174,46149,58549,58555,59455,59461,62761,62792,86992,869127,573127,573127,817127,817134,016134,016130,366130,36638,08138,081037,160
   > Total Current Assets 
0
0
0
0
0
0
0
44,234
0
0
39,181
39,181
32,216
32,216
40,541
40,541
39,860
39,860
32,310
32,310
30,812
30,812
37,196
37,196
44,148
44,148
58,338
58,338
63,701
63,701
51,531
51,531
45,307
45,307
49,831
49,831
47,497
47,49749,83149,83145,30745,30751,53151,53163,70163,70158,33858,33844,14844,14837,19637,19630,81230,81232,31032,31039,86039,86040,54140,54132,21632,21639,18139,1810044,2340000000
       Cash And Cash Equivalents 
3,870
0
2,836
2,836
14,031
14,031
12,493
12,493
5,258
5,258
7,999
7,999
3,410
3,410
10,928
10,928
16,490
13,313
10,289
10,289
8,087
8,087
0
17,273
0
24,633
0
35,775
0
41,322
34,741
34,741
25,133
25,133
27,054
27,054
26,346
26,34627,05427,05425,13325,13334,74134,74141,322035,775024,633017,27308,0878,08710,28910,28913,31316,49010,92810,9283,4103,4107,9997,9995,2585,25812,49312,49314,03114,0312,8362,83603,870
       Net Receivables 
0
0
0
0
0
0
0
28,305
0
0
28,400
28,298
24,953
24,953
26,729
23,594
20,206
20,206
19,209
19,209
20,248
20,248
15,465
15,465
16,979
16,979
20,130
20,130
20,120
20,120
13,904
17,505
13,439
16,469
0
16,504
15,909
15,90916,504016,46913,43917,50513,90420,12020,12020,13020,13016,97916,97915,46515,46520,24820,24819,20919,20920,20620,20623,59426,72924,95324,95328,29828,4000028,3050000000
       Other Current Assets 
0
0
0
0
0
0
0
3,363
0
0
521
2,585
3,853
3,853
247
5,794
3,164
3,164
304
304
2,477
2,477
1,474
304
2,536
2,536
141
141
2,259
2,259
121
-52,363
6,735
-41,602
0
-43,660
-42,255
-42,255-43,6600-41,6026,735-52,3631212,2592,2591411412,5362,5363041,4742,4772,4773043043,1643,1645,7942473,8533,8532,585521003,3630000000
   > Long-term Assets 
0
0
0
0
0
0
0
89,782
0
0
0
88,392
0
0
0
21,086
0
0
0
17,275
0
0
0
42,596
0
0
0
43,261
0
0
41,459
31,358
31,373
31,373
24,113
24,113
28,543
28,54324,11324,11331,37331,37331,35841,4590043,26100042,59600017,27500021,08600088,39200089,7820000000
       Property Plant Equipment 
0
0
0
0
0
0
0
7,711
0
0
9,035
9,035
6,569
6,569
1,503
1,503
1,181
1,181
1,961
1,961
26,936
26,936
24,895
24,895
23,138
23,138
23,470
23,470
19,212
19,212
16,207
16,207
12,218
12,218
9,461
9,461
14,560
14,5609,4619,46112,21812,21816,20716,20719,21219,21223,47023,47023,13823,13824,89524,89526,93626,9361,9611,9611,1811,1811,5031,5036,5696,5699,0359,035007,7110000000
       Goodwill 
0
0
300
300
54,186
54,186
53,289
53,289
53,328
53,328
53,328
53,328
31,528
31,528
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000031,52831,52853,32853,32853,32853,32853,28953,28954,18654,18630030000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,703
0
0
0
8,299
0
0
0
14,788
0
014,7880008,2990001,703000000000000000000000000000
       Intangible Assets 
6,824
0
8,941
8,941
79,632
79,632
78,915
25,626
76,534
76,534
74,806
21,478
49,916
49,916
16,156
16,156
12,253
12,253
12,341
12,341
15,263
15,263
0
15,853
0
16,164
0
14,221
0
15,059
13,352
13,352
10,756
10,756
6,640
6,640
6,023
6,0236,6406,64010,75610,75613,35213,35215,059014,221016,164015,853015,26315,26312,34112,34112,25312,25316,15616,15649,91649,91621,47874,80676,53476,53425,62678,91579,63279,6328,9418,94106,824
       Long-term Assets Other 
0
0
0
0
0
0
0
3,156
0
0
0
4,551
0
0
0
3,427
0
0
0
1,999
0
0
0
1,292
0
0
0
3,867
0
0
3,601
2,769
-31,373
6,735
-24,113
7,295
6,594
6,5947,295-24,1136,735-31,3732,7693,601003,8670001,2920001,9990003,4270004,5510003,1560000000
> Total Liabilities 
24,405
0
23,777
23,777
43,146
43,146
37,714
37,714
33,390
33,390
28,882
28,882
18,423
18,423
19,234
19,234
18,849
18,849
18,737
18,737
46,073
46,073
0
49,623
0
47,616
0
53,699
0
52,127
43,397
43,397
23,440
36,434
19,937
29,758
31,967
31,96729,75819,93736,43423,44043,39743,39752,127053,699047,616049,623046,07346,07318,73718,73718,84918,84919,23419,23418,42318,42328,88228,88233,39033,39037,71437,71443,14643,14623,77723,777024,405
   > Total Current Liabilities 
0
0
0
0
0
0
0
24,116
0
0
21,797
21,797
13,349
13,349
13,140
13,140
15,855
15,855
15,709
15,709
21,733
21,733
27,187
27,187
26,497
26,497
31,364
31,364
33,537
33,537
28,467
28,467
23,440
23,440
19,937
19,937
19,852
19,85219,93719,93723,44023,44028,46728,46733,53733,53731,36431,36426,49726,49727,18727,18721,73321,73315,70915,70915,85515,85513,14013,14013,34913,34921,79721,7970024,1160000000
       Short-term Debt 
0
0
0
0
0
0
0
6,099
0
0
6,125
6,125
0
0
0
0
0
0
0
0
0
0
0
4,448
0
0
0
4,759
0
0
4,269
4,269
0
3,765
0
3,781
3,089
3,0893,78103,76504,2694,269004,7590004,448000000000006,1256,125006,0990000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
6,125
6,125
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000006,1256,1250000000000
       Accounts payable 
1,244
0
573
573
19,819
19,819
5,172
5,172
15,064
15,064
1,228
1,228
12,288
12,288
650
650
13,005
13,005
2,567
2,567
15,231
15,231
3,330
3,330
19,368
19,368
3,212
3,212
24,304
24,304
4,216
4,216
15,228
15,228
3,499
3,499
14,507
14,5073,4993,49915,22815,2284,2164,21624,30424,3043,2123,21219,36819,3683,3303,33015,23115,2312,5672,56713,00513,00565065012,28812,2881,2281,22815,06415,0645,1725,17219,81919,81957357301,244
       Other Current Liabilities 
0
0
0
0
0
0
0
12,846
0
0
2,209
14,444
0
0
1,632
12,490
1,494
1,494
3,791
13,142
2,094
2,094
6,531
1,123
2,695
2,695
4,893
23,393
4,486
4,486
19,982
24,251
8,212
8,212
16,438
16,438
5,345
5,34516,43816,4388,2128,21224,25119,9824,4864,48623,3934,8932,6952,6951,1236,5312,0942,09413,1423,7911,4941,49412,4901,6320014,4442,2090012,8460000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
13,598
0
0
0
7,085
0
0
0
6,094
0
0
0
3,028
0
0
0
22,436
0
0
0
22,335
0
0
14,930
14,930
0
23,891
0
9,821
19,209
19,2099,821023,891014,93014,9300022,33500022,4360003,0280006,0940007,08500013,5980000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22,355
0
19,727
0
18,685
0
18,861
0
14,660
0
11,593
0
8,778
0
6,368
0
06,36808,778011,593014,660018,861018,685019,727022,355000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
-6,099
0
0
-6,125
-6,125
0
0
0
0
0
0
0
0
0
0
0
19,727
0
0
0
18,861
0
0
-4,269
11,593
0
-3,765
0
6,368
-3,089
-3,0896,3680-3,765011,593-4,2690018,86100019,72700000000000-6,125-6,12500-6,0990000000
> Total Stockholder Equity
12,755
12,755
14,304
14,304
87,220
87,220
96,302
96,302
94,427
94,427
98,691
98,691
74,446
74,446
42,393
42,393
36,745
36,745
30,848
30,848
28,388
28,388
0
30,169
0
38,180
0
47,900
0
50,831
49,593
49,593
48,930
50,052
50,948
52,086
53,751
53,75152,08650,94850,05248,93049,59349,59350,831047,900038,180030,169028,38828,38830,84830,84836,74536,74542,39342,39374,44674,44698,69198,69194,42794,42796,30296,30287,22087,22014,30414,30412,75512,755
   Common Stock
5,083
0
6,333
6,333
91,115
91,115
92,132
92,132
92,132
92,132
95,194
95,194
97,939
97,939
103,549
103,549
108,416
108,416
108,416
108,416
108,416
108,416
108,416
108,416
108,286
108,286
108,030
108,030
105,814
105,814
103,943
103,943
105,264
105,264
104,518
104,518
104,450
104,450104,518104,518105,264105,264103,943103,943105,814105,814108,030108,030108,286108,286108,416108,416108,416108,416108,416108,416108,416108,416103,549103,54997,93997,93995,19495,19492,13292,13292,13292,13291,11591,1156,3336,33305,083
   Retained Earnings Total Equity0000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
74
0
0
0
672
0
0
0
670
0
0
0
819
0
0
0
938
0
0
0
19,636
0
0
25,493
25,493
0
25,423
0
28,203
29,873
29,87328,203025,423025,49325,4930019,636000938000819000670000672000740000000
   Capital Surplus 0000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
672
672
736
736
670
670
745
745
819
819
858
858
938
938
938
938
1,429
1,429
1,414
1,414
1,398
1,398
-48,930
-48,930
-50,948
-50,948
927
927-50,948-50,948-48,930-48,9301,3981,3981,4141,4141,4291,4299389389389388588588198197457456706707367366726720000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue83,448
Cost of Revenue-40,484
Gross Profit42,96442,964
 
Operating Income (+$)
Gross Profit42,964
Operating Expense-39,292
Operating Income3,6723,672
 
Operating Expense (+$)
Research Development0
Selling General Administrative7,900
Selling And Marketing Expenses1,322
Operating Expense39,2929,222
 
Net Interest Income (+$)
Interest Income356
Interest Expense-923
Other Finance Cost-211
Net Interest Income-356
 
Pretax Income (+$)
Operating Income3,672
Net Interest Income-356
Other Non-Operating Income Expenses0
Income Before Tax (EBT)7,188156
EBIT - interestExpense = 2,749
7,800
7,120
Interest Expense923
Earnings Before Interest and Taxes (EBIT)3,6728,111
Earnings Before Interest and Taxes (EBITDA)11,364
 
After tax Income (+$)
Income Before Tax7,188
Tax Provision-1,603
Net Income From Continuing Ops6,1975,585
Net Income6,197
Net Income Applicable To Common Shares6,197
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses79,776
Total Other Income/Expenses Net3,516356
 

Technical Analysis of Mcgrath
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 Mcgrath. The general trend of Mcgrath is BULLISH with 100.0% 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 Mcgrath'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 (100.0%) Bearish trend (-100.0%)
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. 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 McGrath 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: .

The bearish price targets are: 0.56 > 0.46 > 0.46.

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McGrath Ltd Daily Support & Resistance Chart

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 McGrath Ltd. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-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 higher 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 higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above 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

McGrath 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 McGrath Ltd. The current macd is 0.0244852.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-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 Mcgrath price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Mcgrath. 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 Mcgrath 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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
McGrath Ltd Daily Moving Average Convergence/Divergence (MACD) ChartMcGrath 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 McGrath Ltd. The current adx is 26.21.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Mcgrath shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
McGrath 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 McGrath Ltd. The current sar is 0.47034208.

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
McGrath Ltd Daily Parabolic SAR Chart

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 McGrath Ltd. The current rsi is 73.61. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -1/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
McGrath Ltd Daily Relative Strength Index (RSI) ChartMcGrath 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 McGrath Ltd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
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 > 80: The STOCH %K is above 80 and overbought. +2
  • 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 Mcgrath price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
McGrath Ltd Daily Stochastic Oscillator ChartMcGrath 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 McGrath Ltd. The current cci is 170.67.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
McGrath Ltd Daily Commodity Channel Index (CCI) ChartMcGrath 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 McGrath Ltd. The current cmo is 58.41.

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
McGrath Ltd Daily Chande Momentum Oscillator (CMO) ChartMcGrath 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 McGrath Ltd. The current willr is -3.7037037.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
McGrath Ltd Daily Williams %R ChartMcGrath Ltd Daily Williams %R Chart

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 McGrath Ltd.

McGrath 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 McGrath Ltd. The current atr is 0.01940972.

McGrath Ltd Daily Average True Range (ATR) ChartMcGrath Ltd Daily Average True Range (ATR) Chart

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 McGrath Ltd. The current obv is -8,404,095.

McGrath Ltd Daily On-Balance Volume (OBV) ChartMcGrath 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 McGrath Ltd. The current mfi is 99.30.

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

  • MFI > 50: +1
  • MFI > 80: +1
McGrath Ltd Daily Money Flow Index (MFI) ChartMcGrath Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for McGrath 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
2023-11-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
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).
2023-11-14ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21RSI 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).
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23RSI 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).
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01MACD 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-05ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-11STOCH 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).
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-18SAR 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
2023-12-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-02STOCH 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).
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal 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).
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11DMI 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16DMI 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
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).
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-18STOCH 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).
2024-01-19MACD 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.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24MACD 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-05MACD 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-08MACD 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.
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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-16ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-20STOCH 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).
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line 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 CLOSE80 crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

McGrath Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of McGrath Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5073.607
Ma 20Greater thanMa 500.502
Ma 50Greater thanMa 1000.476
Ma 100Greater thanMa 2000.439
OpenGreater thanClose0.595
Total5/5 (100.0%)
Penke

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