Mitchell Services Ltd (MSV) fair value: what the stock is really worth
We calculate from audited financials what Mitchell Services Ltd is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
Watch Mitchell Services Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for free
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 13, 2026.
How to read this chart
60‑month range A$0.2083 – A$0.5650 · fair‑value band A$0.0600 – A$0.1100 · the A$0.5650 price screens above the A$0.1100 fair value. Dashed = 300-day average. As of Sep 13, 2026.
Mitchell Services Limited, together with its subsidiaries, provides exploration, and mine site and geotechnical drilling services to the exploration, mining, and energy industries in Australia.
Show more
Mitchell Services Limited, together with its subsidiaries, provides exploration, and mine site and geotechnical drilling services to the exploration, mining, and energy industries in Australia. The company provides drilling services, such as greenfield exploration, project feasibility, mine site exploration and resource definition, development, and production, as well as decarbonisation solutions. It also offers surface drilling services, including diamond coring, directional, mud rotary, mine services, mineral performance drilling (MPD), geotechnical, water bores, and reverse circulation services. In addition, it provides underground drilling services comprising diamond coring, directional, underground in seam, mine services, and geotechnical. The company was formerly known as Drill Torque Limited and changed its name to Mitchell Services Limited in December 2013. Mitchell Services Limited was founded in 1969 and is headquartered in Seventeen Mile Rocks, Australia.
Stock analysis
Mitchell Services Ltd (MSV) currently trades at A$0.5650, while our model-based Fair Value estimate is A$0.1100, implying the stock looks roughly 413.6% overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of A$0.3800 per share, and 3 of the 15 models we run sit above the A$0.5650 price.
Bear case: the Earnings-Based group reads lowest at A$0.0400, and 12 of the 15 models stay below the price. Evidence for this calculation is low.
Scenario range: A$0.0600 (bear) to A$0.1100 (bull), the price of A$0.5650 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 59/100 (solid quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Mitchell Services Ltd reported revenue of A$197M in FY2025 versus A$191M in FY2021, a compound +0.7%/yr. Reported net income was A$537K in FY2025.
Key figures
Market cap A$120M (≈ $85.9M) · P/E ratio 14.1 · P/S ratio 0.04 · EPS (TTM) A$0.0400 · Dividend yield 7.1% · Net margin 0.3% · Return on equity 13.8% · Return on assets (EBIT) 7.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 45 out of 100 (low confidence).
What moves the price
The share trades about 1% below its 52-week high and 171% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 4% fair-value upside, at −81%, MSV screens richer than that median.
Fair Value models
Bear A$0.0600Fair Value A$0.1100Bull A$0.1100
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.5%
Revenue growth 14 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+18.4%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−41.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−48.1%
Dividend (yield on the price)7.1%
Profit margin 2019 to 2024 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.11% → 5%
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Other Industrial Metals & Mining · 475 stocks
Beats the industry median on 9/11 measures
Overall it ranks above its industry peers.
Valuation
Quality Score59 · Top 25%
Profitability
Return on equity (TTM)14% · Top 25%
Return on assets7% · Top 25%
Net margin (TTM)4% · Below median
Operating margin (TTM)10% · Above median
Growth and dividend
Revenue growth3% · Below median
Dividend yield (TTM)7.1% · Top 25%
Valuation Multiplesvs Other Industrial Metals & Mining median · lower = cheaper
P/E (TTM)14.1× · Cheaper than median
P/B1.25× · Cheaper than median
P/S (TTM)0.38× · Cheapest 25%
EV/EBITDA2.3× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)15· sector 38
PAST (return on equity)55· sector 0
HEALTH (low debt)100· sector 96
DIVIDEND (yield)100· sector 30
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Mitchell Services Ltd (MSV) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of A$0.1100 versus a price of A$0.5650, about −81% upside (overvalued).
What is the fair value of MSV?
Our model-based fair value for Mitchell Services Ltd is A$0.1100 (as of Sep 13, 2026), built from audited fundamentals. The current price: A$0.5650.
What is the quality score of MSV?
Mitchell Services Ltd has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Mitchell Services Ltd (MSV)?
Our model-based price target is the fair value of A$0.1100 (as of Sep 13, 2026) from 15 valuation models. Cautious scenario A$0.0600, optimistic scenario A$0.1100. It is a calculation from audited fundamentals, not an analyst target.
What is the Mitchell Services Ltd stock forecast for 2026?
Our models put fair value at A$0.1100, about −81% upside versus a price of A$0.5650 (overvalued). Cautious scenario A$0.0600, optimistic scenario A$0.1100. The calculation is refreshed regularly with new filings.
What is the revenue of Mitchell Services Ltd (MSV)?
Mitchell Services Ltd reported trailing-twelve-month revenue of about A$200M (latest available figure, as of Sep 13, 2026).
Does Mitchell Services Ltd pay a dividend?
Mitchell Services Ltd currently shows a dividend yield of about 7.08% relative to its recent price (as of Sep 13, 2026).
What is the intrinsic value of Mitchell Services Ltd (MSV)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Mitchell Services Ltd it is A$0.1100 per share (as of Sep 13, 2026), against a price of A$0.5650. It is the blended result of 15 valuation models (cash flow, earnings, asset, dividend).
Is Mitchell Services Ltd stock overvalued or undervalued in 2026?
As of Sep 13, 2026, MSV trades above its calculated fair value: price A$0.5650, fair value A$0.1100, a gap of about −81% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MSV?
No. The price is what the market pays today (A$0.5650); the fair value is what the company's own numbers justify (A$0.1100). For Mitchell Services Ltd the two are A$0.4550 per share apart. That gap is exactly why we show both numbers side by side.
How much is Mitchell Services Ltd worth?
The market values Mitchell Services Ltd at about A$120M (market capitalisation, as of Sep 13, 2026). Per share that is A$0.5650; our models calculate a fair value of A$0.1100 per share.
What do the bullish and bearish scenarios say about MSV?
Our models span a range for Mitchell Services Ltd: cautious scenario A$0.0600, base A$0.1100, optimistic A$0.1100 per share (as of Sep 13, 2026, price A$0.5650). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MSV?
Mitchell Services Ltd trades at a price-to-earnings ratio of 14.1 (as of Sep 13, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of A$0.1100 is built from several models across several years. Other multiples: P/B 1.3, P/S 0.4, EV/EBITDA 2.3.
How solid is the balance sheet of Mitchell Services Ltd (MSV)?
Balance-sheet figures for Mitchell Services Ltd (as of Sep 13, 2026): return on equity 13.8%. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is MSV from its 52-week high?
Mitchell Services Ltd trades at A$0.5650, about 1% below its 52-week high of A$0.5695 and 171% above the low of A$0.2083 (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.1100 is for.
Which stocks are comparable to Mitchell Services Ltd?
From the same area (Basic Materials) we also value BHP Group, Vale S.A, Saudi Arabian Mining Company, CMOC Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Mitchell Services Ltd stock attractive at the current price?
The data as of Sep 13, 2026: price A$0.5650, calculated fair value A$0.1100 (−81%), Quality Score 59/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MSV calculated?
We run Mitchell Services Ltd through 15 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of A$0.1100, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.8 % above its aggregate fair value. Mitchell Services Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What should I pay attention to with Mitchell Services Ltd right now?
The price sits above even our optimistic bull case (A$0.1100). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (A$0.0600 to A$0.1100) leaves room in how you read the outcome.
Key figures of Mitchell Services Ltd
How large is the market capitalisation of Mitchell Services Ltd (MSV)?
The market capitalisation of Mitchell Services Ltd is A$120M (≈ $85.9M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Mitchell Services Ltd (MSV)?
The price-to-sales ratio of Mitchell Services Ltd is 0.04 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Mitchell Services Ltd (MSV)?
Earnings per share at Mitchell Services Ltd are A$0.0400 (price ÷ EPS = P/E 14.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Mitchell Services Ltd (MSV)?
The dividend yield of Mitchell Services Ltd is 7.1% (payout 100%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Mitchell Services Ltd (MSV)?
The net margin of Mitchell Services Ltd is 0.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Mitchell Services Ltd (MSV)?
The return on equity (ROE) of Mitchell Services Ltd is 13.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Mitchell Services Ltd (MSV)?
On an EBIT basis the return on assets of Mitchell Services Ltd is 7.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Mitchell Services Ltd (MSV)?
The operating margin of Mitchell Services Ltd is 9.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Mitchell Services Ltd (MSV)?
Revenue at Mitchell Services Ltd is growing +3.0% versus a year earlier (3y avg −2.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Mitchell Services Ltd (MSV)?
Earnings per share at Mitchell Services Ltd are growing −81.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Mitchell Services Ltd (MSV) generate?
The free cash flow of Mitchell Services Ltd is −A$2.1M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Mitchell Services Ltd (MSV) carry?
The net debt of Mitchell Services Ltd is A$9.4M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Mitchell Services Ltd in the live analysis
One click puts Mitchell Services Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
