MONADELPHOUS GROUP LIMITED (MND)
Share Price Analysis and Chart

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MND

MND - MONADELPHOUS GROUP LIMITED

FNArena Sector : Mining Sector Contracting
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 0.37
Index: ASX200 | ASX300 | ALL-ORDS

Monadelphous is an Australian engineering company providing construction, maintenance and industrial services to the resource, energy and infrastructure sectors. Formed in 1989, it listed on the ASX in 1991.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$29.10

27 Aug
2026

0.250

OPEN

$29.00

0.87%

HIGH

$29.22

498,018

LOW

$28.60

TARGET
$32.32 11.1% 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 . MAD . MAH . MIN . MLG . MSV . MYE . NWH . ORI . PRN . RAN . RCR . SGH . SRG . SXE . TEA . VBC . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
MND: 1
Title FY25
Actual		 FY26
Actual		 FY27
Forecast		 FY28
Forecast
EPS (cps) xxx 127.6 132.3 xxx
DPS (cps) xxx 108.0 117.5 xxx
EPS Growth xxx 50.1% 3.7% xxx
DPS Growth xxx 50.0% 8.8% xxx
PE Ratio xxx N/A 21.9 xxx
Dividend Yield xxx N/A 4.1% xxx
Div Pay Ratio(%) xxx 84.7% 88.8% xxx

Dividend yield today if purchased 3 years ago: 7.36%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.73

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: 05/03 - ex-div 49.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx127.6
DPS All xxxxxxxxxxxxxxx108.0
Sales/Revenue xxxxxxxxxxxxxxx2,786.8 M
Book Value Per Share xxxxxxxxxxxxxxx568.5
Net Operating Cash Flow xxxxxxxxxxxxxxx245.1 M
Net Profit Margin xxxxxxxxxxxxxxx4.57 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx23.86 %
Return on Invested Capital xxxxxxxxxxxxxxx21.78 %
Return on Assets xxxxxxxxxxxxxxx11.38 %
Return on Equity xxxxxxxxxxxxxxx23.86 %
Return on Total Capital xxxxxxxxxxxxxxx24.50 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx122.9 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 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx25 M
Long Term Debt xxxxxxxxxxxxxxx47 M
Total Debt xxxxxxxxxxxxxxx72 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx294 M
Price To Book Value xxxxxxxxxxxxxxx5.45

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx38.5 M
Capex % of Sales xxxxxxxxxxxxxxx1.38 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,566 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx72 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx26 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

0.3

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxx

$xx.xx

xx.xx%

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Macquarie

26/08/2026

1

Upgrade to Outperform from Neutral

$32.70

12.37%

Monadelphous Group's profit came in slightly ahead of consensus. FY27 guidance is for a "consolidation year" after very strong FY26. Macquarie thinks there is modest growth possible given a strong level of recent wins and a higher-than-normal level of committed work.

Management notes a "robust pipeline of opportunities and a positive outlook across all key markets". A key differentiating factor this cycle versus prior, the broker notes, is the diversified nature of work-in-hand and pipeline.

The stock has de-rated in the last six months to a 16% premium to the ASX 200 versus a long-term average of 18%. Macquarie upgrades to Outperform from Neutral. Target falls to $32.70 from $33.00.

FORECAST
Macquarie forecasts a full year FY27 dividend of 118.00 cents and EPS of 136.00 cents.
Macquarie forecasts a full year FY28 dividend of 126.00 cents and EPS of 146.00 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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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

Jarden

27/08/2026

3

Neutral

$28.90

-0.69%

Jarden maintains its Neutral rating for Monadelphous Group with its target price decreased to $28.90 from $32.80 following an FY26 core net profit after tax increase of 50% year-on-year to $127m driven by a bring-forward of two years of maintenance and industrial work from iron ore and oil and gas customers.

Operational performance has nevertheless triggered a sharp share price fall viewed by the broker as the start of a de-rating period alongside slower growth expectations for FY27.

Core earnings per share revisions remain modest at -1% across FY27 and FY28.

The analyst highlights that while the company is well-run with an improving free cash flow profile and strong balance sheet, a better risk-reward balance is required before turning more constructive.
Access Extra Coverage Research History >

MND STOCK CHART

FNArena News on MND

1
Australian Broker Call *Extra* Edition – Aug 27, 2026

Aug 27 2026 - Daily Market Reports
2
FNArena Corporate Results Monitor – 26-08-2026

Aug 26 2026 - Australia
3
Rudi’s View: That’s The Way Markets Crumble

Aug 06 2026 - Rudi's View
4
Weekly Ratings, Targets, Forecast Changes – 03-07-26

Jul 06 2026 - Weekly Reports
5
Execution Capacity Key To Contractor Premiums

Mar 24 2026 - Australia

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