Mitchell Services (MSV.AX) Stock Price

Mitchell Services Price

ASX·CLOSED
0.50AUD+0.0050 (+1.01 %)
Market closed

Revenue has compounded at 15.8% per year over the past 15 years to 196.65 M AUD. Earnings per share have grown at 15.4% per year over the last 13 years. Mitchell Services's net margin stands at 0.3%, up from -3.1% several years earlier. Mitchell Services currently offers a dividend yield of about 4.00%. The payout ratio is around 82% of earnings. Analysts set a median price target of 0.51 AUD, implying 2.0% above the current price. Of 7 analysts, 0 rate the stock a buy — an overall Sell consensus. The stock trades about 82% above its 52-week low.

Mitchell Services stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Mitchell Services over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Mitchell Services stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Mitchell Services's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Mitchell Services Stock Price History
DateMitchell Services Price
9/3/20260.50 AUD
9/2/20260.50 AUD
9/1/20260.50 AUD
8/31/20260.49 AUD
8/28/20260.52 AUD
8/27/20260.51 AUD
8/26/20260.51 AUD
8/25/20260.52 AUD
8/24/20260.56 AUD
8/21/20260.53 AUD
8/20/20260.55 AUD
8/19/20260.55 AUD
8/18/20260.51 AUD
8/17/20260.53 AUD
8/14/20260.55 AUD
8/13/20260.55 AUD
8/12/20260.55 AUD
8/11/20260.52 AUD
8/10/20260.52 AUD
8/7/20260.51 AUD
8/6/20260.51 AUD
8/5/20260.51 AUD
8/4/20260.51 AUD
8/3/20260.52 AUD
7/31/20260.49 AUD
7/30/20260.50 AUD
7/29/20260.51 AUD
7/28/20260.50 AUD
7/27/20260.55 AUD
7/24/20260.54 AUD
Access this data via the Eulerpool API

Mitchell Services Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
213.38 M AUD
111,900.00 AUD
15,600.00 AUD
Jan 1, 2023
243.14 M AUD
9.27 M AUD
7.61 M AUD
Jan 1, 2024
236.83 M AUD
11.30 M AUD
9.17 M AUD
Jan 1, 2025
196.65 M AUD
537,400.00 AUD
536,900.00 AUD
Jan 1, 2026 (e)
207.44 M AUD
20.14 M AUD
15.26 M AUD
Jan 1, 2027 (e)
222.80 M AUD
17.59 M AUD
12.97 M AUD
Jan 1, 2028 (e)
222.50 M AUD
17.85 M AUD
13.18 M AUD
Jan 1, 2029 (e)
231.40 M AUD
17.85 M AUD
13.18 M AUD

Mitchell Services Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 5, 2026, 12:49 AM
 
REVENUEM AUD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM AUD
EBITM AUD
EBIT MARGIN%
NET INCOMEM AUD
NET INCOME GROWTH%
DIV.AUD
DIV. GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
14.0025.0032.0040.0072.00120.00175.00191.00213.00243.00236.00196.00207.00222.00222.00231.00
-46.1578.5728.0025.0080.0066.6745.839.1411.5214.08-2.88-16.955.617.254.05
21.4320.0028.1330.0030.5637.5038.2939.2733.8035.3936.0236.2236.2236.2236.2236.22
3.005.009.0012.0022.0045.0067.0075.0072.0086.0085.0071.0074.9880.4280.4283.68
-5.00-7.00-4.00-3.00-2.0013.008.00-6.009.0011.0020.0017.0017.0017.00
-35.71-28.00-12.50-7.50-2.7810.834.57-3.143.704.669.667.667.667.36
-4.00-16.00-6.00-4.00-2.0017.007.00-5.007.009.0015.0012.0013.0013.00
300.00300.00-62.50-33.33-50.00-950.00-58.82-171.4328.57-20.008.33
0.030.040.040.020.040.04
33.33-50.00100.00
385.4078.85145.64152.47166.84178.13193.68202.64221.43221.69216.08212.64212.64212.64212.64212.64
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Mitchell Services generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Mitchell Services retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Mitchell Services's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Mitchell Services has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Mitchell Services's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Mitchell Services stock margins

The Mitchell Services margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Mitchell Services. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Mitchell Services.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
39.47 %
-3.18 %
-3.08 %
Jan 1, 2022
33.80 %
0.05 %
0.01 %
Jan 1, 2023
35.75 %
3.81 %
3.13 %
Jan 1, 2024
36.05 %
4.77 %
3.87 %
Jan 1, 2025
36.49 %
0.27 %
0.27 %
Jan 1, 2026 (e)
36.49 %
9.71 %
7.36 %
Jan 1, 2027 (e)
36.49 %
7.89 %
5.82 %
Jan 1, 2028 (e)
36.49 %
8.02 %
5.93 %

Mitchell Services Stock Revenue, EBIT, Earnings per Share

The Mitchell Services earnings per share therefore indicates how much revenue Mitchell Services has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
0.94 AUD
-0.03 AUD
-0.03 AUD
Jan 1, 2022
0.96 AUD
0.00 AUD
0.00 AUD
Jan 1, 2023
1.10 AUD
0.04 AUD
0.03 AUD
Jan 1, 2024
1.10 AUD
0.05 AUD
0.04 AUD
Jan 1, 2025
0.92 AUD
0.00 AUD
0.00 AUD
Jan 1, 2026 (e)
0.98 AUD
0.09 AUD
0.07 AUD
Jan 1, 2027 (e)
1.05 AUD
0.08 AUD
0.06 AUD
Jan 1, 2028 (e)
1.05 AUD
0.08 AUD
0.06 AUD

Mitchell Services business model & stock analysis

Mitchell Services Ltd is a company based in Australia specializing in drilling and exploration. The company was founded in 1969 by Doug Mitchell and has quickly become one of the industry leaders. They offer a wide range of services, including drilling and exploration, maintenance of drilling equipment, and the production and sale of drilling products. The company is known for its expertise and ability to meet the specific needs of its clients. They have completed projects both within Australia and internationally, demonstrating their ability to solve complex problems. Overall, Mitchell Services Ltd is a leading company in the drilling and exploration industry, known for its high-quality services and products.

Mitchell Services Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Mitchell Services historical P/E ratio, EBIT multiple, and P/S ratio

Mitchell Services annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Mitchell Services shares outstanding

The number of shares of Mitchell Services was 212.64 M in 2025. This indicates how many shares Mitchell Services is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
202.64 M Stocks
Jan 1, 2022
221.43 M Stocks
Jan 1, 2023
221.69 M Stocks
Jan 1, 2024
216.08 M Stocks
Jan 1, 2025
212.64 M Stocks
Jan 1, 2026 (e)
212.64 M Stocks
Jan 1, 2027 (e)
212.64 M Stocks
Jan 1, 2028 (e)
212.64 M Stocks

Mitchell Services stock splits

In Mitchell Services's history, there have been no stock splits.

Mitchell Services Dividend History

7 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.06AUDYTD
Feb 26, 20260.06AUD 185.7%1/1
20250.02AUD 50.0%
20240.04AUD 57.9%
20230.03AUD 63.9%
20200.02AUD 8.0%
20190.01AUD 80.0%
20120.07AUD

Mitchell Services dividend history and estimates

In 2025, Mitchell Services paid a dividend amounting to 0.02 AUD. Dividend means that Mitchell Services distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2019 (e)
0.01 AUD
0.00 AUD
0.00 AUD
Jan 1, 2020 (e)
0.02 AUD
0.00 AUD
0.00 AUD
Jan 1, 2023 (e)
0.00 AUD
0.03 AUD
0.00 AUD
Jan 1, 2024
0.04 AUD
0.00 AUD
0.00 AUD
Jan 1, 2025 (e)
0.02 AUD
0.02 AUD
0.00 AUD
Jan 1, 2026 (e)
0.06 AUD
-0.04 AUD
0.00 AUD
Jan 1, 2027 (e)
0.00 AUD
0.04 AUD
0.00 AUD
Jan 1, 2028 (e)
0.00 AUD
0.04 AUD
0.00 AUD

Mitchell Services dividend payout ratio

In 2025, Mitchell Services had a payout ratio of 82.40%. The payout ratio indicates the percentage of the company's profits that Mitchell Services distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
69.83 %
Jan 1, 2022
79.26 %
Jan 1, 2023
73.84 %
Jan 1, 2024
94.12 %
Jan 1, 2025
82.40 %
Jan 1, 2026 (e)
27.86 %
Jan 1, 2027 (e)
65.57 %
Jan 1, 2028 (e)
64.52 %

Current Mitchell Services forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
0.00 % (0)
Hold
42.86 % (3)
Sell
57.14 % (4)
12M Price Target
0.51
Last Price
0.50
Currency
AUD
12M Return Potential
0.99 %
LTM Return
0 %

Mitchell Services shareholder structure

% Name
6.75041%
Tumbridge (Scott David)
Tumbridge (Scott David)
0.89639%
DFA Australia Ltd.
DFA Australia Ltd.
0.05493%
Andbank Wealth Management, SGIIC, S.A.U.
Andbank Wealth Management, SGIIC, S.A.U.

Mitchell Services Beneficial Ownership Filings (SEC 13D/G)

Free Float
63.3%
Float Shares
-
Shares Outstanding
-

Mitchell Services Executives and Management Board

8 members · 0 % women

AE

Mr. Andrew Elf

Chief Executive Officer

691,104.00 AUD

Management

GS

Mr. Gregory Switala

Chief Financial Officer, Company Secretary

489,934.00 AUD

Board of Directors

NM

Mr. Nathan Mitchell

Executive Chairman of the Board · since 2013

220,000.00 AUD
ST

Mr. Scott Tumbridge

Non-Executive Director · since 2019

198,000.00 AUD
PH

Mr. Peter Hudson

Non-Executive Independent Director

93,500.00 AUD
NO

Mr. Neal O'Connor

Non-Executive Independent Director

93,500.00 AUD
RD

Mr. Robert Douglas

Non-Executive Independent Director

88,000.00 AUD
PM

Mr. Peter Miller

Non-Executive Director · since 2011

77,000.00 AUD

Mitchell Services Supply Chain

Mitchell Services Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
3 companies
#NameTrend
1
Boart Longyear Group CDI
Supplier·Metals & Mining·CA
0.27
0.66
0.21
0.39
-0.60
2
Atlas Copco A
Supplier·SE
0.56
0.65
0.45
0.47
0.57
-0.50
3
Washington H Soul Pattins
Supplier·Customer·Oil, Gas & Consumable Fuels·AU
0.50
0.89
0.61
0.56
0.80
-0.31

Frequently asked questions about Mitchell Services

Mitchell Services Ltd is an Australian-based company with a business model focused on providing exploration and production drilling services to the mining and energy sectors. With a strong track record of delivering safe and efficient drilling solutions, Mitchell Services Ltd offers a comprehensive range of drilling services, including diamond drilling, geotechnical drilling, and underground drilling. By leveraging their expertise and advanced drilling technologies, Mitchell Services Ltd strives to meet the specific needs of their clients, ensuring precise and timely execution of projects. Through their dedication to delivering high-quality services, Mitchell Services Ltd continues to establish itself as a leading player in the drilling industry.

Mitchell Services Ltd is primarily active in the mining industry.

The main competitors of Mitchell Services Ltd in the market are Boart Longyear Limited, Ausdrill Limited, and Thiess Pty Limited.

Mitchell Services Ltd is an Australian-based company with a rich history and strong background in providing drilling services to the mining industry. Established in 1969, Mitchell Services has grown to become a leading provider of drilling solutions, catering to various sectors including coal, gold, and mineral exploration. With its extensive fleet of modern drilling rigs and highly skilled workforce, the company has successfully undertaken numerous projects across Australia. Mitchell Services is known for its commitment to safety, innovation, and delivering high-quality drilling services to its clients. With a focus on continuous improvement, the company has established a strong reputation in the industry.

Mitchell Services Ltd has achieved several significant milestones throughout its history. Firstly, the company successfully established itself as a leading provider of drilling services in Australia. It has expanded its operations across multiple states and territories, catering to a diverse range of clients in various industries. Additionally, Mitchell Services Ltd has consistently delivered outstanding drilling results, showcasing its expertise and technical capabilities. Furthermore, the company has forged key partnerships and collaborations with prominent industry players, strengthening its market position and enhancing business opportunities. Overall, Mitchell Services Ltd has demonstrated remarkable growth and innovation, solidifying its reputation as a reliable and respected drilling services provider in the market.

Mitchell Services Ltd primarily operates in Australia, specifically focusing on providing drilling services to the mining and energy sectors. They have a strong presence in key resource-rich regions such as Queensland, New South Wales, and Western Australia. With their extensive fleet of drilling rigs and experienced personnel, Mitchell Services Ltd has established a reputation for delivering high-quality drilling solutions to clients in these areas.

Mitchell Services Ltd is committed to upholding strong values and a clear corporate philosophy. The company places a high emphasis on safety, delivering quality services, and maintaining long-term relationships with clients. Mitchell Services Ltd strives for excellence through continuous improvement, innovation, and operational efficiency. The company values integrity, transparency, and accountability in all aspects of its operations. With a customer-centric approach, Mitchell Services Ltd prioritizes client satisfaction and aims to provide reliable and cost-effective solutions. By fostering a positive work culture and investing in its employees, the company aims to achieve sustainable growth and success for all stakeholders.

Analysts currently set an average price target of 0.51 AUD for the Mitchell Services stock (median: 0.51 AUD), implying +1.0 % versus the latest price. The consensus is based on 7 analyst ratings.

7 analysts currently rate the Mitchell Services stock: 0 recommend buying, 3 holding and 4 selling. For 2026, analysts expect Mitchell Services to generate revenue of 207.44 M AUD and earnings per share of 0.07 AUD.

Converted at the current exchange rate, the Mitchell Services share trades at 0.31 EUR (0.50 AUD).

The Mitchell Services share (MSV.AX) is listed on 1 stock exchanges, including: ASX (MSV.AX).

Mitchell Services Ltd is a company specialized in providing drilling and mining services and has been operating in Australia since 1969. The company offers solutions for the needs of the coal, gas, and metal industries. Its business model is based on three main divisions: drilling services, mining and infrastructure services, and maintenance services. Mitchell Services Ltd offers a wide range of products and services tailored to the specific needs of its customers, including drilling services such as blast drilling, diamond drilling, reverse circulation drilling, geotechnical drilling, seismic drilling, and geothermal drilling. It also provides mining services such as mine planning, project development, surface mining operation, and mine commissioning. The company offers maintenance services for drilling equipment and related machinery, including maintenance, repair, inspection, and equipment calibration. Additionally, Mitchell Services Ltd provides business development services to help customers identify and implement new business opportunities, as well as environmental management services to minimize the environmental impact of projects. Overall, Mitchell Services Ltd aims to provide high-quality drilling, mining, and maintenance services, and tailor-made solutions to meet its customers' specific needs using modern technology and advanced drilling equipment. It has established itself as a leading company in the drilling and mining industry and constantly strives to offer the best possible solutions to its customers.

The expected revenue of Mitchell Services is 207.44 M AUD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Mitchell Services is 15.26 M AUD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Mitchell Services is currently 6.97. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Mitchell Services stock.

The price-to-sales ratio (P/S) of Mitchell Services is currently 0.51. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Mitchell Services stock.

The Eulerpool Quality Score for Mitchell Services is 3/10.

The ISIN of Mitchell Services is AU000000MSV6. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Mitchell Services is A1XA1T. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Mitchell Services is MSV.AX. The ticker symbol is used to trade Mitchell Services shares on the stock exchange.

Over the past 12 months, Mitchell Services paid a dividend of 0.02 AUD . This corresponds to a dividend yield of about 4.00 %. For the coming 12 months, Mitchell Services is expected to pay a dividend of 0.04 AUD.

The current dividend yield of Mitchell Services is 4.00 %.

Mitchell Services pays a dividend, distributed in the months of , , , .

Mitchell Services paid dividends every year for the past 0 years.

For the upcoming 12 months, dividends amounting to 0.04 AUD are expected. This corresponds to a dividend yield of 8.00 %.

Mitchell Services is assigned to the 'Commodities' sector.

To receive the latest dividend of Mitchell Services from amounting to 0.06 AUD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Mitchell Services distributed 0.05 AUD as dividends.

The dividends of Mitchell Services are distributed in AUD.