MGX Resources (ASX:MGX) Growth Rank: 1 (As of Sep. 15, 2026) — Near Median

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ASX:MGX MGX Resources Ltd ASX:MGX
38 GF Score
Price A$0.35
GF Value A$0.18
Valuation Significantly Overvalued
! 5 Warning Signs
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What is MGX Resources Growth Rank?

MGX Resources ASX:MGX 38 Growth Rank is 1 as of Sep. 15, 2026, which is at its 10-year median of 1.00. GuruFocus rates ASX:MGX with a GF Score™ of 38/100 and a GF Value™ of A$0.18 (Significantly Overvalued). The stock has 5 warning signs investors should review.

MGX Resources has the Growth Rank of 1.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability, rated on a scale from 1 to 10. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

A higher score reflects a greater ability to drive business growth, with companies considered to have strong and sustainable expansion potential. Conversely, a lower score indicates challenges in achieving consistent growth and scalability.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.

ASX:MGX vs NUE, STLD, RS: Growth Rank Comparison

For the Steel subindustry, MGX Resources's Growth Rank, along with its competitors' market caps and Growth Rank 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.

MGX Resources Growth Rank vs Steel Industry

For the Steel industry and Basic Materials sector, MGX Resources's Growth Rank distribution charts can be found below:

* The bar in red indicates where MGX Resources's Growth Rank falls into.


ASX:MGX
38GF Score
MGX Resources Ltd ASX:MGX
Growth Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Growth Rank →
What does a Growth Rank of 1 mean?
MGX Resources (ASX:MGX) has a Growth Rank of 1 as of Sep. 15, 2026. Growth Rank measures the growth of a company in terms of its revenue and profitability. View historical data on MGX Resources and its competitors. This is near median its historical median of 1.00. Over the past decade, MGX Resources' Growth Rank has ranged from 1.00 to 5.00.
Is MGX Resources' Growth Rank too high?
MGX Resources' current Growth Rank of 1 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 5.00. Overall, MGX Resources has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MGX Resources' Growth Rank compare to NUE and STLD?
MGX Resources' Growth Rank of 1 can be compared against companies in the Steel industry. Historically, MGX Resources' own Growth Rank has ranged from 1.00 to 5.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Growth Rank for a Steel company?
A good Growth Rank depends on the Steel industry context. However, Growth Rank 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 Growth Rank mean?
A high Growth Rank can signal that a stock is expensive relative to its fundamentals. Growth Rank measures the growth of a company in terms of its revenue and profitability. View historical data on MGX Resources and its competitors. MGX Resources's current Growth Rank is 1, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGX Resources stock overvalued right now?
Based on GuruFocus' analysis, MGX Resources (ASX:MGX) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.18, compared to a current price of A$0.35 — trading 91.7% above its estimated fair value. The current Growth Rank is 1, which is near median its 10-year median of 1.00. MGX Resources' overall GF Score™ is 38/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Growth Rank calculated?
Growth Rank is calculated from a company's financial statements. For MGX Resources (ASX:MGX), the current Growth Rank is 1 as of Sep. 15, 2026. 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 MGX Resources (ASX:MGX) Overvalued in 2026?

Based on GuruFocus' analysis, MGX Resources stock appears to be overvalued. The current stock price of A$0.35 is trading 91.7% above its estimated GF Value™ of A$0.18. GuruFocus considers MGX Resources to be Significantly Overvalued.

Key valuation signals for ASX:MGX:

  • Growth Rank: 1 (near median its 10-year median of 1.00)
  • GF Value™: A$0.18 vs. price of A$0.35 (91.7% above fair value)
  • GF Score™: 38/100 with 5 warning signs

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

MGX Resources Business Description

Other Exchanges MTGRF:USA
Address 2 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005
MGX Resources Ltd is an Australian mining company. The company's flagship production asset is the Koolan Island mine in WA's Kimberley region. The Company also holds precious and base metals exploration tenements in the Mid-West and Gascoyne regions of Western Australia. Its other projects include the Central Tanami Gold Project and the WA Exploration - Tallering Peak and Edmund Basin.
38GF Score

Get the complete analysis for ASX:MGX

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

A$0.35
Price
A$0.18
GF Value