37LOW

MAH

MACMAHON FPO [MAH]
Macmahon Holdings Limited provides surface mining, underground mining and mining support, and civil infrastructure services to mining companies in Australia and Southeast Asia. It operates in four segments: Surface Mining, Underground Mining, International Mining, and Civil Infrastructure. The company offers surface mining services, such as bulk and selective mining, mine planning and analysis, drill and blast, crushing and screening, fixed plant maintenance, water management, equipment operation and maintenance, technology, safety solutions; and underground mining services, including mine development and production, raise and production drilling, cable bolting, shotcreting, remote shaft lining, paste fill, shaft sinking and fit out; and engineering services, including shaft lining and maintenance, ore pass liners, winder refurbishment, conveying, crushing, materials handling, emergency egress systems, pump stations and rising mains, and site workshops and infrastructure. It provides mining support services comprising topsoil and overburden stripping, bulk earthworks, road design and construction, mine infrastructure and services, and train loading facilities; tailings storage facilities, camps and remote village accommodation, bridgeworks, rail and airport infrastructure, balance of plant works for renewable energy projects, including solar, wind, and battery installations; water infrastructure, such as dams, creek diversions, flood levies, and drainage structures; and revegetation, non-process infrastructure, and rehabilitation monitoring and maintenance. In addition, the company offers advisory operational improvement services, which includes operator coaching and industry skills training, cultural change programs, and mental health program. The company was incorporated in 1963 and is headquartered in Perth, Australia.
Basic Materials · ASX Small Cap
$0.7200 -2.7%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical67
Catalyst63
Sentiment50
Fundamental100
Momentum84
Risk Gate50
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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Volume surging at 2.5x normal while price falls — heavy selling pressure
  • On a tear — up 14.3% over the last 5 days
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Trading above the 200-day average — the long-term trend is on your side
  • Cash positive / operating cashflow positive
  • Low P/S ratio (0.6x)
  • Moderate revenue growth (+11%)
  • Piotroski F-Score strong (9/9, low-confidence approx)
  • EPS estimates revised upward (+10pts)
  • Post-earnings drift: positive surprise (SUE +10)
  • Near 52-week high (90% of range)
  • Director on-market buying (1 transactions)
  • CANSLIM C: Strong EPS growth (61% QoQ)
  • CANSLIM A: Strong annual earnings CAGR (39%)
  • CANSLIM N: Near 52-week high (breakout territory)
  • CANSLIM S: Tight float (50%)
  • CANSLIM I: Institutional ownership (16%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 158% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 2.6 means strong gains without wild swings
  • Earnings are trending the right way — 2 consecutive improvements
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.64%/day)
  • Beneish M-Score -1.70 > -1.78: likely earnings manipulation
  • RBA hiking (-3pts)

Risk Signals

  • Stochastic is stretched into overbought — could need a breather
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Macmahon Engaged for Restart of Mining at Wonawinta
NONE Initial Director's Interest Notice - Tom Quinn
NONE S&P DJI Announces March 2026 Quarterly Rebalance
MEDIUM Macmahon Progresses Engagement for Mining at Mount Carlton
LOW Investor Presentation - Euroz Hartleys Rottnest Conference
Announcement tone +3pts

Recent ASX Announcements

2026-03-24 Macmahon Engaged for Restart of Mining at Wonawinta
2026-03-22 Macmahon Progresses Engagement for Mining at Mount Carlton
2026-03-17 Investor Presentation - Euroz Hartleys Rottnest Conference
2026-03-16 Initial Director's Interest Notice - Tom Quinn
2026-03-06 S&P DJI Announces March 2026 Quarterly Rebalance PRICE SENSITIVE

Key Metrics

$1.6B
Market Cap
10.2M
Avg Volume
2.5x
Vol Ratio
$0.23 — $0.80
52-Week Range
0.8%
Short Interest
N/A
Cash Runway
13.3%
ROE
3.6%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSpassEPS Growth: 61%
AAnnual EarningspassCAGR: 39%
NNew Highs / CatalystspassNear 52w High
SSupply & DemandpassFloat: 50%
LLeader vs LaggardpassRS: 2
IInstitutional SponsorshippassInst: 16%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #514 of 558 · Sector avg: 46

View all Basic Materials signals →
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