Magontec (ASX:MGL) Unearned Income

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.
Reviewed by: Charlie Tian Charlie Tian
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
29 GF Score
Price A$0.19
GF Value A$0.28
Valuation Possible Value Trap
! 2 Warning Signs
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What is Magontec Unearned Income?

Unearned Income only applies to banks.

ASX:MGL
29GF Score
Magontec Ltd ASX:MGL
Unearned Income 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$0.19 is trading 32.1% below its estimated GF Value™ of A$0.28. GuruFocus considers Magontec to be Possible Value Trap.

Key valuation signals for ASX:MGL:

  • Unearned Income:
  • GF Value™: A$0.28 vs. price of A$0.19 (32.1% below fair value)
  • GF Score™: 29/100 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 an Australian-listed manufacturer of magnesium alloys and related products. The company produces generic and specialist magnesium alloys, primarily for die-casting and aluminium alloying applications, and operates magnesium recycling facilities that reprocess scrap into specification alloys. It also manufactures cathodic corrosion protection products, including magnesium and titanium anodes, used to protect pipelines, tanks, and marine and offshore infrastructure from corrosion. Magontec develops proprietary alloy technologies and sells to industrial customers in the automotive, aluminium, and corrosion-protection markets. Its operations are organised around European and Chinese businesses, with manufacturing in Germany and China, and it generates most revenue from its European segment. Revenue comes from alloy sales, recycling services, and corrosion-protection product sales.
29GF Score

Get the complete analysis for ASX:MGL

Unearned Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.19
Price
A$0.28
GF Value