Risk factor
Very high price volatility
Profitability factor
Very unfavourable price performance
About
Midway Limited engages in the production, processing, and export of woodfibre to producers of pulp, paper, and related products in Australia, China, Japan, and Southeast Asia. It operates through Woodfibre, Forestry Logistics, and Plantation Management segments. The company offers hardwood and softwood woodchips. It also provides support services to third parties engaged in growing woodfibre, including harvest, infield chipping, and haulage; and planation management services. In addition, the company markets third party woodfibre. Midway Limited was incorporated in 1980 and is based in North Shore, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITDA