Mader Group Future Growth
Future criteria checks 4/6
Mader Group is forecast to grow earnings and revenue by 12.5% and 10.3% per annum respectively. EPS is expected to grow by 11.8% per annum. Return on equity is forecast to be 23% in 3 years.
Key information
12.5%
Earnings growth rate
11.80%
EPS growth rate
| Commercial Services earnings growth | 13.3% |
| Revenue growth rate | 10.3% |
| Future return on equity | 22.97% |
| Analyst coverage | Low |
| Last updated | 13 May 2026 |
Recent future growth updates
Recent updates
Analysis Article • Apr 30
With EPS Growth And More, Mader Group (ASX:MAD) Makes An Interesting Case
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update • Feb 18
MAD: Higher Revenue Assumptions Will Support A More Optimistic Future Outlook
Analysts have raised their price target for Mader Group to A$10.40 from A$10.40, reflecting updated assumptions around revenue growth, profit margins and a slightly higher discount rate, while keeping the future P/E multiple broadly in line with prior estimates. Valuation Changes Fair Value: Kept steady at A$10.40, indicating no change in the central valuation estimate.
Narrative Update • Feb 04
MAD: Future P/E And Margins Will Support A Fairly Valued Outlook
Analysts have modestly adjusted their price target for Mader Group to A$8.29, reflecting updated assumptions for revenue growth, profit margins and future P/E. These changes fine tune their outlook rather than signal a major shift in view.Narrative Update • Jan 21
MAD: Higher Revenue Assumptions Will Support A More Optimistic Future Outlook
Analysts have lifted their fair value estimate for Mader Group from A$9.00 to A$10.40, reflecting updated assumptions for revenue growth, profit margins, the discount rate and future P/E multiples. Valuation Changes Fair value estimate was raised from A$9.00 to A$10.40 per share.
Narrative Update • Jan 07
MAD: Stable Margins And Earnings Assumptions Will Support Stronger Outlook
Analysts have adjusted their price target for Mader Group to A$9.15 from A$9.15, reflecting updated views on discount rate, revenue growth, profit margins and future P/E assumptions, while leaving their overall valuation conclusion effectively unchanged. Valuation Changes Fair Value: Fair value estimate is unchanged at A$9.15 per share.Analysis Article • Dec 25
With EPS Growth And More, Mader Group (ASX:MAD) Makes An Interesting Case
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Narrative Update • Dec 16
MAD: Future Earnings Multiple Is Expected To Offset Modest Margin Compression
Analysts have raised their price target for Mader Group from approximately $6.15 to $8.29 per share, citing expectations of slightly faster revenue growth and a higher future earnings multiple, despite a modestly lower profit margin and marginally higher discount rate. Valuation Changes Fair Value: increased from approximately A$6.15 to A$8.29 per share.Narrative Update • Dec 02
MAD: Updated Earnings Assumptions And Stable Margins Will Support Stronger Outlook
Analysts have raised their price target for Mader Group from $8.86 to $9.15 per share, citing updated fair value estimates along with modest adjustments to the discount rate and future price-earnings assumptions. Valuation Changes Fair Value Estimate has increased slightly from A$8.86 to A$9.15 per share.Narrative Update • Nov 18
MAD: Revenue Outlook And Dividend Payment Will Drive Balanced Performance
Narrative Update on Mader Group: Analyst Price Target Revised Analysts have raised their fair value estimate for Mader Group from $8.25 to $8.86, citing modest improvements in revenue growth and profit margins, as well as an upward revision in the projected price-to-earnings ratio. What's in the News Mader Group Limited declared a fully franked ordinary dividend of AUD 0.048 per share for the six months ended June 30, 2025.Analysis Article • Nov 03
Mader Group Limited's (ASX:MAD) Popularity With Investors Is Under Threat From Overpricing
With a price-to-earnings (or "P/E") ratio of 30.8x Mader Group Limited ( ASX:MAD ) may be sending bearish signals at...Analysis Article • Oct 21
Is Mader Group (ASX:MAD) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Analysis Article • Oct 01
Why You Should Care About Mader Group's (ASX:MAD) Strong Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Narrative Update • Aug 27
Expansion Into Energy And Transport Logistics Will Diversify Future Revenue Streams
The consensus analyst price target for Mader Group has been raised to A$8.25, primarily reflecting higher revenue growth forecasts and an increased future P/E multiple. Valuation Changes Summary of Valuation Changes for Mader Group The Consensus Analyst Price Target has significantly risen from A$7.33 to A$8.25.Narrative Update • Aug 11
Expansion Into Energy And Transport Logistics Will Diversify Future Revenue Streams
The notable increase in Mader Group’s consensus price target is primarily attributed to a higher future P/E multiple, reflecting improved growth or sentiment, resulting in an upward revision of fair value from A$6.56 to A$7.33. Valuation Changes Summary of Valuation Changes for Mader Group The Consensus Analyst Price Target has significantly risen from A$6.56 to A$7.33.Analysis Article • May 15
We Think Mader Group (ASX:MAD) Can Stay On Top Of Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Narrative • Feb 06
Expanding Into Energy And Transport Logistics Will Strengthen Future Prospects
Geographic diversification and entry into new industry verticals provide a strong foundation for Mader Group's future revenue growth.Analysis Article • Nov 19
Do Mader Group's (ASX:MAD) Earnings Warrant Your Attention?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Oct 30
Earnings Not Telling The Story For Mader Group Limited (ASX:MAD) After Shares Rise 28%
Mader Group Limited ( ASX:MAD ) shareholders would be excited to see that the share price has had a great month...Analysis Article • Sep 18
Mader Group (ASX:MAD) Has Announced That It Will Be Increasing Its Dividend To A$0.04
Mader Group Limited ( ASX:MAD ) will increase its dividend from last year's comparable payment on the 4th of October to...Analysis Article • Sep 04
Mader Group (ASX:MAD) Is Paying Out A Larger Dividend Than Last Year
Mader Group Limited ( ASX:MAD ) will increase its dividend from last year's comparable payment on the 4th of October to...Analysis Article • Aug 21
Earnings Release: Here's Why Analysts Cut Their Mader Group Limited (ASX:MAD) Price Target To AU$6.53
It's been a sad week for Mader Group Limited ( ASX:MAD ), who've watched their investment drop 11% to AU$5.37 in the...Analysis Article • Jun 19
Here's Why We Think Mader Group (ASX:MAD) Is Well Worth Watching
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysis Article • Apr 08
Mader Group Limited's (ASX:MAD) Popularity With Investors Is Clear
Mader Group Limited's ( ASX:MAD ) price-to-earnings (or "P/E") ratio of 26.3x might make it look like a sell right now...Analysis Article • Mar 10
Is It Time To Consider Buying Mader Group Limited (ASX:MAD)?
Mader Group Limited ( ASX:MAD ), is not the largest company out there, but it received a lot of attention from a...Analysis Article • Jan 31
Mader Group's (ASX:MAD) Returns On Capital Not Reflecting Well On The Business
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • Dec 19
Investors Still Waiting For A Pull Back In Mader Group Limited (ASX:MAD)
When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") below 18x, you may consider...Analysis Article • Nov 06
Does Mader Group (ASX:MAD) Deserve A Spot On Your Watchlist?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Oct 23
Here's What's Concerning About Mader Group's (ASX:MAD) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Analysis Article • Oct 09
Mader Group Limited's (ASX:MAD) Intrinsic Value Is Potentially 86% Above Its Share Price
Key Insights Mader Group's estimated fair value is AU$11.34 based on 2 Stage Free Cash Flow to Equity Mader Group is...Analysis Article • Sep 21
We Think Mader Group (ASX:MAD) Can Stay On Top Of Its Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Jul 14
We Ran A Stock Scan For Earnings Growth And Mader Group (ASX:MAD) Passed With Ease
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Jun 30
Calculating The Intrinsic Value Of Mader Group Limited (ASX:MAD)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Mader Group fair value estimate is AU$5.95 Mader Group's...Analysis Article • May 30
What Does Mader Group Limited's (ASX:MAD) Share Price Indicate?
Mader Group Limited ( ASX:MAD ), is not the largest company out there, but it received a lot of attention from a...Analysis Article • Mar 20
Is Mader Group (ASX:MAD) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Feb 23
Here's Why We Think Mader Group (ASX:MAD) Might Deserve Your Attention Today
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Jan 24
Mader Group Limited's (ASX:MAD) Intrinsic Value Is Potentially 41% Above Its Share Price
Today we will run through one way of estimating the intrinsic value of Mader Group Limited ( ASX:MAD ) by taking the...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2028 | 1,234 | 85 | 65 | 104 | 5 |
| 6/30/2027 | 1,123 | 76 | 46 | 88 | 5 |
| 6/30/2026 | 1,007 | 66 | 39 | 72 | 5 |
| 12/31/2025 | 946 | 62 | 41 | 71 | N/A |
| 9/30/2025 | 909 | 59 | 42 | 74 | N/A |
| 6/30/2025 | 872 | 57 | 43 | 77 | N/A |
| 3/31/2025 | 842 | 55 | 36 | 74 | N/A |
| 12/31/2024 | 812 | 52 | 30 | 71 | N/A |
| 9/30/2024 | 793 | 51 | 29 | 70 | N/A |
| 6/30/2024 | 774 | 50 | 28 | 69 | N/A |
| 3/31/2024 | 739 | 48 | 28 | 70 | N/A |
| 12/31/2023 | 703 | 45 | 29 | 71 | N/A |
| 9/30/2023 | 656 | 42 | 11 | 56 | N/A |
| 6/30/2023 | 609 | 39 | -6 | 41 | N/A |
| 3/31/2023 | 553 | 36 | -17 | 29 | N/A |
| 12/31/2022 | 497 | 33 | -29 | 18 | N/A |
| 9/30/2022 | 450 | 31 | -16 | 27 | N/A |
| 6/30/2022 | 402 | 28 | -4 | 35 | N/A |
| 3/31/2022 | 375 | 25 | 0 | 32 | N/A |
| 12/31/2021 | 348 | 23 | 5 | 29 | N/A |
| 9/30/2021 | 326 | 21 | 5 | 23 | N/A |
| 6/30/2021 | 304 | 19 | 5 | 16 | N/A |
| 3/31/2021 | 293 | 19 | 10 | 21 | N/A |
| 12/31/2020 | 282 | 18 | 14 | 26 | N/A |
| 9/30/2020 | 278 | 18 | 10 | 23 | N/A |
| 6/30/2020 | 274 | 18 | 6 | 20 | N/A |
| 3/31/2020 | 262 | 16 | 5 | 20 | N/A |
| 12/31/2019 | 251 | 15 | 4 | 19 | N/A |
| 9/30/2019 | 240 | 15 | N/A | 14 | N/A |
| 6/30/2019 | 229 | 15 | N/A | 10 | N/A |
| 3/31/2019 | 234 | 15 | N/A | 5 | N/A |
| 12/31/2018 | 239 | 15 | N/A | 0 | N/A |
| 9/30/2018 | 184 | 11 | N/A | 2 | N/A |
| 6/30/2018 | 129 | 7 | N/A | 5 | N/A |
| 6/30/2017 | 79 | 3 | N/A | 0 | N/A |
| 6/30/2016 | N/A | 4 | N/A | N/A | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAD's forecast earnings growth (12.5% per year) is above the savings rate (3.6%).
Earnings vs Market: MAD's earnings (12.5% per year) are forecast to grow faster than the Australian market (12.1% per year).
High Growth Earnings: MAD's earnings are forecast to grow, but not significantly.
Revenue vs Market: MAD's revenue (10.3% per year) is forecast to grow faster than the Australian market (6.2% per year).
High Growth Revenue: MAD's revenue (10.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAD's Return on Equity is forecast to be high in 3 years time (23%)
Discover growth companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/06 18:31 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mader Group Limited is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aryan Norozi | Barrenjoey Markets Pty Limited |
| Hamish Murray | Bell Potter |
| Joseph House | Bell Potter |