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Matrix Composites & Engineering Stock

Matrix Composites & Engineering P/E 2024

Matrix Composites & Engineering P/E

22.91

Ticker

MCE.AX

ISIN

AU000000MCE6

WKN

A0YEFF

As of Sep 18, 2024, Matrix Composites & Engineering's P/E ratio was 22.91, a 271.92% change from the 6.16 P/E ratio recorded in the previous year.

The Matrix Composites & Engineering P/E history

Matrix Composites & Engineering Aktienanalyse

What does Matrix Composites & Engineering do?

Matrix Composites & Engineering Ltd is an Australian company specializing in advanced manufacturing technologies and advanced technology solutions for the oil and gas, defense, and aviation sectors. It was founded in 1980 and has since established itself as a leading provider of composite materials and other technologies. Matrix started as a small company manufacturing composite materials for sailboats and yachts and eventually expanded its activities to the defense and oil and gas sectors. Today, Matrix is an internationally recognized company offering a wide range of products and services and has received numerous awards and certifications. Its business model is based on a strong research and development department and an efficient production process. The company works closely with its customers to develop tailor-made solutions for different industries, securing extensive contracts and guaranteeing high delivery quality. Matrix is divided into several divisions tailored to the different requirements of customers. The largest division is Matrix Composites, which specializes in composite materials for large industrial applications. The company produces innovative composite materials for offshore oil and gas platforms, ship and boat hulls, the aerospace industry, military applications such as armor, and the protection of deep-sea divers. It is known for its focus on high-quality materials with long lifespans that can withstand extreme conditions. Matrix also offers advanced engineering services to customers through its Matrix Engineering division. The company works closely with customers to develop targeted solutions for complex challenges in offshore platforms, automotive manufacturing, and industrial plants. In addition to its focus on composite materials, Matrix also has a separate business for nuclear materials. The Matrix Nuclear division specializes in the development and manufacture of nuclear materials for both civilian and military applications. These nuclear materials have the highest quality and guarantee the highest safety standards in highly hazardous areas such as the nuclear industry. Another business area of Matrix is the development of intelligent sensors used as components for manufacturing parts. Matrix's sensors help collect real-time data from critical components of industrial machines and equipment, enabling the detection and prevention of risks and making industrial maintenance more effective and cost-efficient. In summary, Matrix Composites & Engineering Ltd is an innovative company with expertise in the development and manufacturing of composite materials, nuclear materials, intelligent sensors, and engineering services. The company stands out for its focus on customer needs and continuous investment in research and development. Matrix Composites & Engineering ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Matrix Composites & Engineering's P/E Ratio

The Price to Earnings (P/E) Ratio of Matrix Composites & Engineering is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Matrix Composites & Engineering's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Matrix Composites & Engineering is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Matrix Composites & Engineering’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Matrix Composites & Engineering stock

What is the price-to-earnings ratio of Matrix Composites & Engineering?

The price-earnings ratio of Matrix Composites & Engineering is currently 22.91.

How has the price-earnings ratio of Matrix Composites & Engineering changed compared to last year?

The price-to-earnings ratio of Matrix Composites & Engineering has increased by 271.92% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Matrix Composites & Engineering high compared to other companies?

Yes, the price-to-earnings ratio of Matrix Composites & Engineering is high compared to other companies.

How does an increase in the price-earnings ratio of Matrix Composites & Engineering affect the company?

An increase in the price-earnings ratio of Matrix Composites & Engineering would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Matrix Composites & Engineering affect the company?

A decrease in the price-earnings ratio of Matrix Composites & Engineering would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Matrix Composites & Engineering?

Some factors that influence the price-earnings ratio of Matrix Composites & Engineering are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Matrix Composites & Engineering pay?

Over the past 12 months, Matrix Composites & Engineering paid a dividend of 0.04 AUD . This corresponds to a dividend yield of about 12.79 %. For the coming 12 months, Matrix Composites & Engineering is expected to pay a dividend of 0 AUD.

What is the dividend yield of Matrix Composites & Engineering?

The current dividend yield of Matrix Composites & Engineering is 12.79 %.

When does Matrix Composites & Engineering pay dividends?

Matrix Composites & Engineering pays a quarterly dividend. This is distributed in the months of November, May, April, October.

How secure is the dividend of Matrix Composites & Engineering?

Matrix Composites & Engineering paid dividends every year for the past 2 years.

What is the dividend of Matrix Composites & Engineering?

For the upcoming 12 months, dividends amounting to 0 AUD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Matrix Composites & Engineering located?

Matrix Composites & Engineering is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Matrix Composites & Engineering kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Matrix Composites & Engineering from 9/30/2015 amounting to 0.014 AUD, you needed to have the stock in your portfolio before the ex-date on 9/14/2015.

When did Matrix Composites & Engineering pay the last dividend?

The last dividend was paid out on 9/30/2015.

What was the dividend of Matrix Composites & Engineering in the year 2023?

In the year 2023, Matrix Composites & Engineering distributed 0 AUD as dividends.

In which currency does Matrix Composites & Engineering pay out the dividend?

The dividends of Matrix Composites & Engineering are distributed in AUD.

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Andere Kennzahlen von Matrix Composites & Engineering

Our stock analysis for Matrix Composites & Engineering Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Matrix Composites & Engineering Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.