MACQUARIE TECHNOLOGY GROUP LIMITED (MAQ)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

MAQ - MACQUARIE TECHNOLOGY GROUP LIMITED

FNArena Sector : Telecommunication
Year End: June
GICS Industry Group : Telecommunication Services
Debt/EBITDA: 2.57
Index: ASX300 | ALL-ORDS | ALL-TECH

LAST PRICE CHANGE +/- CHANGE % VOLUME

$87.22

07 May
2024

1.720

OPEN

$87.20

2.01%

HIGH

$88.99

83,797

LOW

$85.00

TARGET
$100.00 14.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
5GG . 5GN . ABB . CNU . ESK . FSG . HTA . SLC . SPK . ST1 . TLS . TPG . TPG . TUA .
FNARENA'S MARKET CONSENSUS FORECASTS
MAQ: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx N/A 106.9 xxx
DPS (cps) xxx N/A 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 84.9 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

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: 27/09 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx39.3
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx309.3 M
Book Value Per Share xxxxxxxxxxxxxxx675.5
Net Operating Cash Flow xxxxxxxxxxxxxxx88.9 M
Net Profit Margin xxxxxxxxxxxxxxx2.73 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx6.00 %
Return on Invested Capital xxxxxxxxxxxxxxx2.31 %
Return on Assets xxxxxxxxxxxxxxx1.74 %
Return on Equity xxxxxxxxxxxxxxx6.00 %
Return on Total Capital xxxxxxxxxxxxxxx5.85 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx7.3 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 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx5 M
Long Term Debt xxxxxxxxxxxxxxx247 M
Total Debt xxxxxxxxxxxxxxx252 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx3 M
Price To Book Value xxxxxxxxxxxxxxx8.96

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx95.4 M
Capex % of Sales xxxxxxxxxxxxxxx30.84 %
Cost of Goods Sold xxxxxxxxxxxxxxx248 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx39 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

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

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

06/05/2024

1

Overweight

$100.00

14.65%

Following a review of the data centre industry in Australia, Morgan Stanley believes Macquarie Technology's assets are undervalued both financially and strategically. It's felt the company provides a differentiated way to play the structural tailwinds from AI.

While Macquarie Technology is not a pure play, and lacks the land bank of peer NextDC, the requirement for capital is less as the construction pipeline is relatively more measured, explain the analysts.

Outside of data centres, the remaining assets of Macquarie Technology have a positive structural outlook, highlights Morgan Stanley. The largest earnings (EBITDA) contribution (around 50%) comes from the cloud and government business.

The broker observes Macquarie Technology has not experienced the same share price rally as peers in the space and maintains an Overweight rating. Target $100. Industry view is Attractive.

FORECAST
Morgan Stanley forecasts a full year FY24 dividend of 0.00 cents and EPS of 106.90 cents.
Morgan Stanley forecasts a full year FY25 dividend of 0.00 cents and EPS of 119.10 cents.
Access Stockbroker Research History >

MAQ STOCK CHART

FNArena News on MAQ

1
Rudi’s View: Opportunity In Data Centres

10:00 AM - Rudi's View
2
Rudi’s View: A Market Narrative Delayed

Apr 24 2024 - Rudi's View
3
Australian Broker Call *Extra* Edition – Apr 22, 2024

Apr 22 2024 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Apr 18, 2024

Apr 18 2024 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Mar 18, 2024

Mar 18 2024 - Daily Market Reports

Latest Telecommunication News

1
Weekly Ratings, Targets, Forecast Changes – 15-03-24

Mar 18 2024 - Weekly Reports
2
Cloud And AI Trends Buoy Macquarie Technology

Jun 22 2023 - Small Caps
3
Treasure Chest: Tide Turns For Telstra?

Apr 27 2023 - Treasure Chest
4
Cybersecurity On The ASX

Apr 11 2023 - Small Caps
5
Mobile Momentum Drives Telstra

Feb 20 2023 - Australia
6
Super Strategic Acquisition from Superloop

Sep 29 2022 - Small Caps
7
Symbio Strategy Targets Asian Expansion

Sep 08 2022 - Small Caps
8
Finally, A New Growth Phase For Telstra?

Aug 17 2022 - Australia
9
Treasure Chest: Telstra Entering An Upgrade Cycle

Aug 02 2022 - Treasure Chest
10
Brokers Ecouraged By TPG Telecom’s Strategy Update

Jun 27 2022 - Australia