Magontec (ASX:MGL) Short Percentage of Float

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:MGL Magontec Ltd ASX:MGL
41 GF Score
Price A$0.21
GF Value A$0.27
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Magontec Short Percentage of Float?

Short Percentage of Float is the percentage of shares shorted compared to the float.

Due to the license agreement change with our data vendor, Short Interest related data on GuruFocus will no longer be updated. Existing data will remain as-is, while new data will not be available, except for certain Australian and Canadian stocks.

Magontec Short Percentage of Float Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Magontec's Short Percentage of Float, along with its competitors' market caps and Short Percentage of Float data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Magontec Short Percentage of Float vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Magontec's Short Percentage of Float distribution charts can be found below:

* The bar in red indicates where Magontec's Short Percentage of Float falls into.


ASX:MGL
41GF Score
Magontec Ltd ASX:MGL
Short Percentage of Float is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Magontec (ASX:MGL) Overvalued in 2026?

Based on GuruFocus' analysis, Magontec stock appears to be undervalued. The current stock price of A$0.21 is trading 22.2% below its estimated GF Value™ of A$0.27. GuruFocus considers Magontec to be Modestly Undervalued.

Key valuation signals for ASX:MGL:

  • Short Percentage of Float:
  • GF Value™: A$0.27 vs. price of A$0.21 (22.2% below fair value)
  • GF Score™: 41/100 with 2 warning signs

No single metric tells the full story. See the ASX:MGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Magontec Business Description

Address 139 Macquarie Street, Level 2, Suite 1, Sydney, NSW, AUS, 2000
Magontec Ltd is engaged in the manufacturing and sale of generic and specialist magnesium alloys as well as magnesium and titanium cathodic corrosion protection products. It also researches and develops new proprietary magnesium alloys and technologies. The group's products and services are Primary Mg Alloy, Magnesium Alloy Recycling, and Cathodic Corrosion Protection. It has three segments: Admin, EUR, and PRC. The majority of the group's revenue is generated from the EUR segment, which represents its operations in Europe.
41GF Score

Get the complete analysis for ASX:MGL

Short Percentage of Float is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.21
Price
A$0.27
GF Value