MAAS GROUP HOLDINGS LIMITED (MGH)
Share Price Analysis and Chart

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MGH

MGH - MAAS GROUP HOLDINGS LIMITED

FNArena Sector : Building Products & Services
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 3.92
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.13

19 Jun
2025

-0.070

OPEN

$4.15

-1.67%

HIGH

$4.17

398,271

LOW

$4.07

TARGET
$4.90 18.6% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ACF . BKW . BRI . FBR . FBU . JHX . JLG . RWC . SFC . SRG . WGN .
FNARENA'S MARKET CONSENSUS FORECASTS
MGH: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 22.3 23.3 xxx
DPS (cps) xxx 6.5 6.8 xxx
EPS Growth xxx 7.8% 4.6% xxx
DPS Growth xxx 8.3% 3.8% xxx
PE Ratio xxx N/A 17.7 xxx
Dividend Yield xxx N/A 1.6% xxx
Div Pay Ratio(%) xxx 29.2% 29.0% xxx

Dividend yield today if purchased 3 years ago: 1.72%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.58

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 17/09 - ex-div 3.50c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx22.3
DPS All xxxxxxxxxxxxxxx6.5
Sales/Revenue xxxxxxxxxxxxxxx895.1 M
Book Value Per Share xxxxxxxxxxxxxxx206.9
Net Operating Cash Flow xxxxxxxxxxxxxxx113.4 M
Net Profit Margin xxxxxxxxxxxxxxx8.15 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx11.18 %
Return on Invested Capital xxxxxxxxxxxxxxx6.21 %
Return on Assets xxxxxxxxxxxxxxx4.81 %
Return on Equity xxxxxxxxxxxxxxx11.18 %
Return on Total Capital xxxxxxxxxxxxxxx8.55 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx37.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx75 M
Long Term Debt xxxxxxxxxxxxxxx551 M
Total Debt xxxxxxxxxxxxxxx626 M
Goodwill - Gross xxxxxxxxxxxxxxx115 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx85 M
Price To Book Value xxxxxxxxxxxxxxx2.04

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx56.9 M
Capex % of Sales xxxxxxxxxxxxxxx6.36 %
Cost of Goods Sold xxxxxxxxxxxxxxx665 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx124 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx258 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxx xx xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Morgans

21/02/2025

1

Add

$4.85

17.43%

Maas Group downgraded FY25 guidance by -7% to -10% for 2H25 at the 1H25 results, as civil construction and hire (CC&H) experience a slowdown due to stalled energy transition projects, Morgans notes.

Construction materials continue to perform well and are growing due to acquisitions and higher quarry output.

The magnitude of the slowdown in CC&H was higher than anticipated, down -47% on the previous corresponding period.

Morgans lowers earnings (EBITDA) forecasts by -5.6% and -5.3% for FY25/FY26.

No change to Add rating. Target price slips to $4.85 from $5.30.

FORECAST
Morgans forecasts a full year FY25 dividend of 7.00 cents and EPS of 25.00 cents.
Morgans forecasts a full year FY26 dividend of 8.00 cents and EPS of 26.00 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Wilsons

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Moelis

24/02/2025

1

Buy

$5.19

25.67%

Maas Group's 1H25 result was mixed, notes Moelis, with construction materials EBITDA up 24% y/y on contribution from acquisitions and modest organic growth, while residential real estate EBITDA was down -20% y/y.

As per the commentary, Civil construction and hire (CCH) segment was impacted by project delays and lower utilisation. The broker lowered FY25-26 EPS estimates on lower revenue and margins from CCH business.

Near-term outlook would be supported by return of organic growth in cash generative industrial operating segment, while the residential segment would benefit from the start of an easing cycle, the broker notes.

Target price cut to $5.19 from $5.81. Buy retained.

FORECAST
Moelis forecasts a full year FY25 dividend of 7.70 cents and EPS of 24.80 cents.
Moelis forecasts a full year FY26 dividend of 7.70 cents and EPS of 31.10 cents.
Access Extra Coverage Research History >

MGH STOCK CHART

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