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

Enter the company code or Name for stock analysis:

MGH

MGH - MAAS GROUP HOLDINGS LIMITED

FNArena Sector : Building Products & Services
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 4.86
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.37

17 Sep
2025

0.000

OPEN

$4.50

0.000

HIGH

$4.56

481,062

LOW

$4.34

TARGET
$5.275 20.7% 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 FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 20.8 29.9 xxx
DPS (cps) xxx 7.0 8.2 xxx
EPS Growth xxx - 6.6% 43.4% xxx
DPS Growth xxx 7.7% 17.1% xxx
PE Ratio xxx N/A 14.7 xxx
Dividend Yield xxx N/A 1.9% xxx
Div Pay Ratio(%) xxx 33.6% 27.5% xxx

Dividend yield today if purchased 3 years ago: 1.91%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.60

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 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx20.8
DPS All xxxxxxxxxxxxxxx7.0
Sales/Revenue xxxxxxxxxxxxxxx1,030.5 M
Book Value Per Share xxxxxxxxxxxxxxx242.6
Net Operating Cash Flow xxxxxxxxxxxxxxx67.8 M
Net Profit Margin xxxxxxxxxxxxxxx6.98 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx9.26 %
Return on Invested Capital xxxxxxxxxxxxxxx5.10 %
Return on Assets xxxxxxxxxxxxxxx4.02 %
Return on Equity xxxxxxxxxxxxxxx9.26 %
Return on Total Capital xxxxxxxxxxxxxxx6.72 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx10.6 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx83 M
Long Term Debt xxxxxxxxxxxxxxx718 M
Total Debt xxxxxxxxxxxxxxx801 M
Goodwill - Gross xxxxxxxxxxxxxxx194 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx103 M
Price To Book Value xxxxxxxxxxxxxxx1.75

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx35.6 M
Capex % of Sales xxxxxxxxxxxxxxx3.46 %
Cost of Goods Sold xxxxxxxxxxxxxxx791 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx139 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx286 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

xxxxxxxxxx

$xx.xx

xx.xx%

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

Morgans

22/08/2025

1

Buy

$5.45

24.71%

Despite a weak contribution from Civil Construction & Hire, where earnings (EBITDA) fell -35% on the prior year, Maas Group achieved in-line FY25 results, meeting Morgans and consensus expectations.

Residential lots are anticipated to grow over FY26, with the company targeting 250 lots, while Civil Construction & Hire is expected to return to FY24 levels, with recent acquisitions adding an estimated $24–$26m to earnings.

Morgans lifts its earnings (EBITDA) forecasts by 7% for FY26 and 3% for FY27.

No change in Buy rating, with exposure to infrastructure expected to underpin job creation and housing demand. Target lifts 12% to $5.45.

FORECAST
Morgans forecasts a full year FY26 dividend of 7.50 cents and EPS of 30.00 cents.
Morgans forecasts a full year FY27 dividend of 8.00 cents and EPS of 39.00 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

18.76%

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 FY26 dividend of 7.70 cents and EPS of 31.10 cents.
Access Extra Coverage Research History >

MGH STOCK CHART

FNArena News on MGH

1
Rudi’s View: August Results; Standouts, Turnarounds, Failures & Misfits

Sep 10 2025 - Rudi's View
2
Australian Broker Call *Extra* Edition – Aug 27, 2025

Aug 27 2025 - Daily Market Reports
3
FNArena Corporate Results Monitor – 22-08-2025

Aug 22 2025 - Australia
4
Rudi’s View: BlueScope Steel, IGO, GrainCorp, Pilbara Minerals, Santos & More

Aug 14 2025 - Rudi's View
5
Rudi’s View: AI Updates, Hot Favourites & First August Results

Aug 07 2025 - Rudi's View

Latest Building Products & Services News

1
Stockland Firing On All Cylinders

Sep 02 2025 - Australia
2
America Not The Main Game For Brickworks

Mar 12 2025 - Small Caps
3
Acrow’s Contact Win & Record Pipeline

Dec 11 2024 - Small Caps
4
Cyclically Challenged Brickworks Prioritises Cash

Oct 01 2024 - Australia
5
Bottom’s In For James Hardie

Jun 18 2024 - Technicals
6
Boral Beats, Outlook Cautious

Feb 12 2024 - Australia
7
Brickworks Underestimated & Cheap, Brokers Say

Oct 04 2023 - Australia
8
Analysts In Love With James Hardie, Yet Again

Aug 23 2023 - Australia
9
Johns Lyng And The Weather Factor

Jun 26 2023 - Small Caps
10
Treasure Chest: Boral To Prove Sceptics Wrong?

Apr 04 2023 - Treasure Chest