Mindax Ltd (AU:MDX) — Market Cap & Net Worth
Market Cap & Net Worth: Mindax Ltd (MDX)
Mindax Ltd (AU:MDX) has a market capitalization of $42.54 Million (AU$60.12 Million) as of September 24, 2026. Listed on the AU stock exchange, this Australia-based company holds position #22594 globally and #815 in its home market, demonstrating a -5.41% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Mindax Ltd's stock price AU$0.04 by its total outstanding shares 2363218532 (2.36 Billion). Also see Mindax Ltd asset portfolio for a full breakdown of the balance sheet.
Mindax Ltd Market Cap History: 2015 to 2026
Mindax Ltd's market capitalization history from 2015 to 2026. Data shows growth from $4.51 Million to $58.52 Million (20.64% CAGR). Also see MDX cash flow metrics for how efficiently the company converts equity into cash flow.
Mindax Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Mindax Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check MDX stock price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
1271.82x
Mindax Ltd's market cap is 1271.82 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $7.52 Million | $198.00 | -$995.00K | 38002.90x | N/A |
| 2017 | $6.69 Million | $5.00 | -$570.72K | 1337702.13x | N/A |
| 2018 | $21.74 Million | $10.01K | -$596.17K | 2171.16x | N/A |
| 2019 | $5.02 Million | $69.00 | -$755.19K | 72701.20x | N/A |
| 2020 | $5.02 Million | $9.00 | -$586.11K | 557375.89x | N/A |
| 2022 | $98.66 Million | $59.96K | $13.42 Million | 1645.30x | 7.35x |
| 2023 | $100.33 Million | $2.00 | -$5.57 Million | 50163829.98x | N/A |
| 2024 | $66.89 Million | $2.99K | -$2.28 Million | 22339.71x | N/A |
| 2025 | $66.89 Million | $52.59K | -$2.85 Million | 1271.82x | N/A |
Competitor Companies of MDX by Market Capitalization
Companies near Mindax Ltd in the global market cap rankings as of September 24, 2026. Review MDX goodwill-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Mindax Ltd by market ranking:
- Newmont Goldcorp Corp (NYSE:NEM): Ranked #179 globally with a market cap of $133.62 Billion USD.
- Newmont Corporation (AU:NEM): Ranked #189 globally with a market cap of $129.80 Billion USD ( AU$183.45 Billion AUD).
- Agnico Eagle Mines Limited (TO:AEM): Ranked #239 globally with a market cap of $105.02 Billion USD ( CA$145.17 Billion CAD).
- Zijin Mining Group Co Ltd Class A (SHG:601899): Ranked #279 globally with a market cap of $94.69 Billion USD ( CN¥647.07 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #179 | Newmont Goldcorp Corp | NYSE:NEM | $133.62 Billion | $127.26 |
| #189 | Newmont Corporation | AU:NEM | $129.80 Billion | AU$171.84 |
| #239 | Agnico Eagle Mines Limited | TO:AEM | $105.02 Billion | CA$286.70 |
| #279 | Zijin Mining Group Co Ltd Class A | SHG:601899 | $94.69 Billion | CN¥31.41 |
Mindax Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Mindax Ltd's market cap moved from $4.51 Million to $ 58.52 Million, with a yearly change of 20.64%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | AU$58.52 Million | -12.50% |
| 2025 | AU$66.89 Million | 0.00% |
| 2024 | AU$66.89 Million | -33.33% |
| 2023 | AU$100.33 Million | +1.69% |
| 2022 | AU$98.66 Million | +51.28% |
| 2021 | AU$65.21 Million | +1200.00% |
| 2020 | AU$5.02 Million | 0.00% |
| 2019 | AU$5.02 Million | -76.92% |
| 2018 | AU$21.74 Million | +225.00% |
| 2017 | AU$6.69 Million | -11.11% |
| 2016 | AU$7.52 Million | +66.67% |
| 2015 | AU$4.51 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 23rd, 2026 the market cap of Mindax Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $42.54 Million USD |
| MoneyControl | $42.54 Million USD |
| MarketWatch | $42.54 Million USD |
| marketcap.company | $42.54 Million USD |
| Reuters | $42.54 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Mindax Ltd
Mindax Limited engages in the exploration and development of mineral properties in Australia. The company operates in two segments, Gold and Iron Ore. Its flagship property is the 65% owned Mt Forrest Iron project, including seven mining leases covering an area of approximately 53 square kilometers situated in the Yilgarn province of Western Australia's Mid-West region. The company was incorporat… Read more