MADER GROUP LIMITED (MAD)
Share Price Analysis and Chart

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MAD

MAD - MADER GROUP LIMITED

FNArena Sector : Mining Sector Contracting
Year End: June
GICS Industry Group : Commercial & Professional Services
Debt/EBITDA: 0.72
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$6.40

05 May
2025

-0.070

OPEN

$6.34

-1.08%

HIGH

$6.75

165,149

LOW

$6.40

TARGET
$6.70 4.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALQ . ANG . ARI . C79 . CDA . DNL . DOW . EHL . GNG . IMD . IPG . LBL . LYL . MAH . MIN . MLG . MND . MSV . MYE . NWH . ORI . PRN . RAN . RCR . RDG . RUL . SGH . SRG . SXE . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
MAD: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 25.2 28.5 xxx
DPS (cps) xxx 7.8 8.7 xxx
EPS Growth xxx 31.0% 13.1% xxx
DPS Growth xxx 34.5% 11.5% xxx
PE Ratio xxx N/A 22.8 xxx
Dividend Yield xxx N/A 1.3% xxx
Div Pay Ratio(%) xxx 30.9% 30.5% xxx

Dividend yield today if purchased 3 years ago: 2.79%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.20

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: 19/09 - ex-div 4c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx25.2
DPS All xxxxxxxxxxxxxxx7.8
Sales/Revenue xxxxxxxxxxxxxxx774.5 M
Book Value Per Share xxxxxxxxxxxxxxx80.2
Net Operating Cash Flow xxxxxxxxxxxxxxx68.7 M
Net Profit Margin xxxxxxxxxxxxxxx6.51 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx36.02 %
Return on Invested Capital xxxxxxxxxxxxxxx26.62 %
Return on Assets xxxxxxxxxxxxxxx17.07 %
Return on Equity xxxxxxxxxxxxxxx36.02 %
Return on Total Capital xxxxxxxxxxxxxxx34.93 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx13.7 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 xxxxxxxxxxxxxxx19 M
Long Term Debt xxxxxxxxxxxxxxx51 M
Total Debt xxxxxxxxxxxxxxx70 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx30 M
Price To Book Value xxxxxxxxxxxxxxx7.85

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx40.7 M
Capex % of Sales xxxxxxxxxxxxxxx5.25 %
Cost of Goods Sold xxxxxxxxxxxxxxx612 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx90 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 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

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

Bell Potter

24/04/2025

1

Upgrade to Buy from Hold

$6.70

4.69%

Bell Potter observes an increase in commodity production in the US following the elections and a rise in rail movements in North America, both important for Mader Group's business and outlook. Partly offsetting these trends was weather events in key Australian regions that impacted mining activity.

The broker is now more confident in the company's outlook for FY25, given 1H25 was weak, and believes it could also meet its aspirational FY26 revenue goal of at least $1.0bn.

Rating upgraded to Buy from Hold. Target lifted to $6.70 from $6.50.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 8.70 cents and EPS of 28.50 cents.
Bell Potter forecasts a full year FY26 dividend of 10.30 cents and EPS of 34.20 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

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

Moelis

04/03/2025

1

Buy

$6.83

6.72%

Moelis notes Mader Group's 1H25 result showed expanded margin and continued growth in Australia, but was partly offset by flat performance in North America. 

The company ended December with a $22m cash balance, and net debt improved to $23.2m from $31m in June.

The company reiterated FY25 guidance, which the broker believes is achievable from workflow momentum and higher expected utilisation of increased hiring.

The broker lifted FY25-27 EPS estimates mainly on interest expense reduction. Target price rises to $6.83 from $6.52, and Buy maintained.

FORECAST
Moelis forecasts a full year FY25 dividend of 8.00 cents and EPS of 29.00 cents.
Moelis forecasts a full year FY26 dividend of 8.00 cents and EPS of 34.00 cents.
Access Extra Coverage Research History >

MAD STOCK CHART

FNArena News on MAD

1
Weekly Ratings, Targets, Forecast Changes – 24-04-25

Apr 28 2025 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Mar 04, 2025

Mar 04 2025 - Daily Market Reports
3
FNArena Corporate Results Monitor – 26-02-2025

Feb 26 2025 - Australia
4
Rudi’s View: Final Best Buys & Conviction Ideas

Dec 23 2024 - Rudi's View
5
Rudi’s View: Banks, WiseTech, Redox & Integral Diagnostics

Dec 19 2024 - Rudi's View

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