MLG Oz (ASX:MLG) Net Cash per Share: A$-1.08 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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ASX:MLG MLG Oz Ltd ASX:MLG
33 GF Score
Price A$0.79
GF Value A$0.74
Valuation Fairly Valued
! 5 Warning Signs
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What is MLG Oz Net Cash per Share?

MLG Oz ASX:MLG +1.29% 33 Net Cash per Share is A$-1.08 as of Dec. 2025. GuruFocus rates ASX:MLG with a GF Score™ of 33/100 and a GF Value™ of A$0.74 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,059 Metals & Mining companies, MLG Oz ranks worse than 94428.61% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). MLG Oz's Net Cash per Share for the quarter that ended in Dec. 2025 was A$-1.08.

The historical rank and industry rank for MLG Oz's Net Cash per Share or its related term are showing as below:

ASX:MLG's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7.4
* Ranked among companies with meaningful Price-to-Net-Cash only.

MLG Oz  (ASX:MLG) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


MLG Oz Net Cash per Share Related Terms


MLG Oz Net Cash per Share Historical Data

* Premium members only.

The historical data trend for MLG Oz's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MLG Oz Net Cash per Share Chart

MLG Oz Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Net Cash per Share
-0.68 -0.95 -0.88 -1.07 -1.11

MLG Oz Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.91 -1.07 -1.11 -1.11 -1.08

MLG Oz Net Cash per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, MLG Oz's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


MLG Oz Price-to-Net-Cash vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MLG Oz's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where MLG Oz's Price-to-Net-Cash falls into.


ASX:MLG
33GF Score
MLG Oz Ltd ASX:MLG
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MLG Oz Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

MLG Oz's Net Cash per Share for the fiscal year that ended in Jun. 2025 is calculated as

Net Cash per Share (A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.241-174.086-0)/147.919
=-1.11

MLG Oz's Net Cash per Share for the quarter that ended in Dec. 2025 is calculated as

Net Cash per Share (Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.726-176.693-0)/154.935
=-1.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of A$-1.08 mean?
MLG Oz (ASX:MLG) has a Net Cash per Share of A$-1.08 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on MLG Oz and its competitors. According to the industry distribution chart, MLG Oz ranks #999999 out of 1059 companies in the Metals & Mining industry.
Is MLG Oz's Net Cash per Share too high?
MLG Oz's current Net Cash per Share is A$-1.08. Based on the distribution chart, MLG Oz ranks #999999 out of 1059 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MLG Oz has a GF Score™ of 33/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MLG Oz's Net Cash per Share compare to competitors?
According to the Metals & Mining industry distribution chart, MLG Oz ranks #999999 out of 1059 companies for Net Cash per Share. This places MLG Oz in the lower half of its industry. The industry median Net Cash per Share is 7.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.40, based on 1,059 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on MLG Oz and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MLG Oz's current Net Cash per Share is A$-1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLG Oz stock overvalued right now?
Based on GuruFocus' analysis, MLG Oz (ASX:MLG) is currently considered Fairly Valued. The stock's GF Value™ is A$0.74, compared to a current price of A$0.79 — trading 6.1% above its estimated fair value. The current Net Cash per Share is A$-1.08. MLG Oz's overall GF Score™ is 33/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For MLG Oz (ASX:MLG), the current Net Cash per Share is A$-1.08 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MLG Oz (ASX:MLG) Overvalued in 2026?

Based on GuruFocus' analysis, MLG Oz stock appears to be overvalued. The current stock price of A$0.79 is trading 6.1% above its estimated GF Value™ of A$0.74. GuruFocus considers MLG Oz to be Fairly Valued.

Key valuation signals for ASX:MLG:

  • Net Cash per Share: A$-1.08
  • GF Value™: A$0.74 vs. price of A$0.79 (6.1% above fair value)
  • GF Score™: 33/100 with 5 warning signs

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


MLG Oz Business Description

Address 10 Yindi Way, Broadwood, Kalgoorlie, WA, AUS, 6430
MLG Oz Ltd is a Kalgoorlie-based integrated mining services and resource asset management company. It supports ore processing facilities across gold, iron ore, and base metals in Western Australia and the Northern Territory. The company offers comprehensive mine site and supply chain solutions throughout the project lifecycle under a single contractual framework, including civil and construction, crushing and screening, bulk haulage and site services, and supply of mining and construction materials. Its expertise covers gold, iron ore, nickel, and base metals sectors, with key activities in bulk haulage, civil mining, construction aggregates, and crushing and screening.
33GF Score

Get the complete analysis for ASX:MLG

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.79
Price
A$0.74
GF Value