MA Financial Group Future Growth
Future criteria checks 4/6
MA Financial Group's revenue is forecast to decline at 27.3% per annum while its annual earnings are expected to grow at 27.4% per year. EPS is expected to grow by 44.3% per annum. Return on equity is forecast to be 20.5% in 3 years.
Key information
27.4%
Earnings growth rate
44.28%
EPS growth rate
| Capital Markets earnings growth | 8.4% |
| Revenue growth rate | -27.3% |
| Future return on equity | 20.48% |
| Analyst coverage | Good |
| Last updated | 20 May 2026 |
Recent future growth updates
Recent updates
Narrative Update • Apr 07
MAF: Future Returns Will Depend On Stable Margins And Premium P E Multiple
Analysts have made a small upward revision to their price target for MA Financial Group, now seeing fair value at A$11.01 per share. This outlook is supported by slightly less severe revenue contraction assumptions, a modestly lower future P/E of about 27x, and only a minor adjustment to profit margin forecasts.Narrative Update • Mar 23
MAF: Future Returns Will Rely On Stable Margins And Premium P E Multiple
Analysts have trimmed their price target on MA Financial Group from A$11.68 to A$10.96, citing slightly weaker assumptions for revenue growth and profit margins, along with a higher future P/E multiple in their updated models. Valuation Changes Fair Value: Trimmed from A$11.68 to A$10.96, reflecting slightly softer assumptions in the updated model.Narrative Update • Mar 08
MAF: Future Returns Will Depend On Stable Margins And Premium P E Multiple
Analysts have kept their fair value estimate for MA Financial Group steady at A$11.68, indicating that their recent review of revenue growth, profit margin assumptions and a future P/E of 24.68x did not warrant a change in the overall price target. Valuation Changes Fair Value: Kept unchanged at A$11.68, with no adjustment to the underlying valuation output.Narrative Update • Feb 22
MAF: Future Returns Will Depend On Margins And Higher P E Multiple
Analysts have slightly increased their price target for MA Financial Group to A$11.68 from A$11.61, citing updated views on revenue contraction, profit margins and future P/E expectations. Valuation Changes Fair Value: A$11.68, up slightly from A$11.61, reflecting a modest adjustment in the intrinsic value estimate.Narrative Update • Feb 08
MAF: Future Returns Will Rely On Margins And Higher P E Multiples
Analysts have lifted their fair value estimate for MA Financial Group from A$11.36 to around A$11.61, citing updated assumptions on discount rates, revenue trends, profit margins and future P/E expectations. Valuation Changes Fair Value: The fair value estimate has risen slightly from A$11.36 to about A$11.61.Narrative Update • Jan 23
MAF: Future Returns Will Depend On Margins Multiples And Redevelopment Execution
Analysts have nudged their price target for MA Financial Group slightly higher to A$11.36 from A$11.02, pointing to small adjustments in revenue expectations, profit margins and future P/E assumptions as the key drivers of the change. Valuation Changes Fair Value: nudged higher from A$11.02 to A$11.36 per share, reflecting a small upward adjustment in the modelled estimate.Narrative Update • Jan 07
MAF: Future Returns Will Depend On Hyperdome Redevelopment And Fundraising Execution
Analysts have kept their price target for MA Financial Group unchanged at A$11.02, citing consistent assumptions on the discount rate, revenue expectations, profit margins and forward P/E as the key reasons for maintaining their view. What's in the News MA Financial Group is launching the MA Hyperdome Town Centre Fund to acquire and overhaul the Logan Hyperdome complex south of Brisbane for A$678 million, including the main shopping centre, Hyperdome Home Centre, an office block, Loganholme Shopping Village and several development sites (Key Developments).Narrative Update • Dec 23
MAF: Future Returns Will Hinge On Hyperdome Fund Execution Amid Balanced Outlook
Analysts have modestly adjusted their price target on MA Financial Group to reflect a fair value of $11.02, citing stable discount rate assumptions, unchanged revenue growth expectations, and a consistent forward P/E multiple as key drivers of their updated outlook. What's in the News MA Financial Group is launching the MA Hyperdome Town Centre Fund to acquire and overhaul the Logan Hyperdome shopping centre and associated properties south of Brisbane for AUD 678 million (Key Developments).Narrative Update • Dec 09
MAF: Future Returns Will Depend On Hyperdome Redevelopment Amid Fair Valuation
Analysts have modestly revised their price target for MA Financial Group, nudging it from $11.01 to $11.02 per share, citing stable fair value estimates supported by unchanged assumptions for the discount rate, revenue growth, profit margins, and future valuation multiples. What's in the News MA Financial Group has launched the MA Hyperdome Town Centre Fund to acquire and overhaul the Logan Hyperdome complex south of Brisbane for AUD 678 million, one of the largest retail asset transactions this year (Key Developments).Narrative Update • Nov 25
MAF: Long-Term Value Will Unlock As Hyperdome Development Advances
Analysts have left their fair value price target for MA Financial Group unchanged at $11.02 per share. They cite stable forecasts and a lack of significant new information to alter their outlook.Analysis Article • Nov 20
Investors Appear Satisfied With MA Financial Group Limited's (ASX:MAF) Prospects
With a price-to-earnings (or "P/E") ratio of 44.9x MA Financial Group Limited ( ASX:MAF ) may be sending very bearish...Narrative Update • Nov 10
MAF: Earnings Will Rise As Hyperdome Acquisition Drives Redevelopment
Analysts have slightly raised their price target for MA Financial Group from $10.97 to $11.02, citing improved expectations for revenue growth alongside a modest adjustment to future profit margins. What's in the News MA Financial Group is set to acquire the Logan Hyperdome complex near Brisbane for AUD 678 million.Narrative Update • Oct 27
Retail Asset Acquisition And Revenue Outlook Will Drive Long-Term Performance
The analyst price target for MA Financial Group has increased from $10.37 to $10.97. Analysts cite slightly improved profit margins and a more favorable revenue outlook as key factors for the uplift.Narrative Update • Aug 23
Expansion Into US Private Credit Market Will Capitalize On Strong Demand
The substantial upward revision in the consensus price target for MA Financial Group reflects a sharp improvement in net profit margin despite a deterioration in revenue growth forecasts, with the fair value estimate rising from A$9.42 to A$10.37. What's in the News MA Financial Group is working with IPGeneration to raise a new fund to hold Top Ryde City mall, which Blackstone is selling for over $500 million.Analysis Article • Apr 09
The Price Is Right For MA Financial Group Limited (ASX:MAF) Even After Diving 28%
MA Financial Group Limited ( ASX:MAF ) shareholders won't be pleased to see that the share price has had a very rough...
New Narrative • Feb 09
Expansion Into Singapore And Partnerships Will Open New Opportunities
Transition to recurring revenue enhances revenue stability and net margins, supporting future earnings growth and increased profitability.Analysis Article • Jan 22
MA Financial Group Limited's (ASX:MAF) P/E Is On The Mark
With a price-to-earnings (or "P/E") ratio of 42.5x MA Financial Group Limited ( ASX:MAF ) may be sending very bearish...Analysis Article • Oct 09
Getting In Cheap On MA Financial Group Limited (ASX:MAF) Might Be Difficult
With a price-to-earnings (or "P/E") ratio of 38.2x MA Financial Group Limited ( ASX:MAF ) may be sending very bearish...Analysis Article • Feb 24
MA Financial Group (ASX:MAF) Is Paying Out A Dividend Of A$0.14
MA Financial Group Limited's ( ASX:MAF ) investors are due to receive a payment of A$0.14 per share on 20th of March...Analysis Article • Feb 22
Getting In Cheap On MA Financial Group Limited (ASX:MAF) Might Be Difficult
With a price-to-earnings (or "P/E") ratio of 25.5x MA Financial Group Limited ( ASX:MAF ) may be sending bearish...Analysis Article • Aug 29
Revenue Downgrade: Here's What Analysts Forecast For MA Financial Group Limited (ASX:MAF)
The latest analyst coverage could presage a bad day for MA Financial Group Limited ( ASX:MAF ), with the analysts...Analysis Article • Aug 28
MA Financial Group (ASX:MAF) Has Announced A Dividend Of A$0.06
MA Financial Group Limited ( ASX:MAF ) has announced that it will pay a dividend of A$0.06 per share on the 20th of...Analysis Article • Aug 28
MA Financial Group's (ASX:MAF) Dividend Will Be Increased To A$0.06
MA Financial Group Limited ( ASX:MAF ) has announced that it will be increasing its periodic dividend on the 21st of...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 588 | 114 | 145 | 185 | 6 |
| 12/31/2027 | 531 | 97 | 127 | 140 | 7 |
| 12/31/2026 | 470 | 83 | 102 | 169 | 7 |
| 12/31/2025 | 1,494 | 10 | 380 | 391 | N/A |
| 9/30/2025 | 1,365 | 23 | 376 | 386 | N/A |
| 6/30/2025 | 1,235 | 36 | 372 | 381 | N/A |
| 3/31/2025 | 1,163 | 39 | 181 | 189 | N/A |
| 12/31/2024 | 1,090 | 42 | -9 | -2 | N/A |
| 9/30/2024 | 1,030 | 33 | 13 | 18 | N/A |
| 6/30/2024 | 970 | 25 | 36 | 38 | N/A |
| 3/31/2024 | 921 | 27 | 26 | 29 | N/A |
| 12/31/2023 | 872 | 29 | 16 | 20 | N/A |
| 9/30/2023 | 817 | 35 | 75 | 84 | N/A |
| 6/30/2023 | 761 | 42 | 134 | 147 | N/A |
| 3/31/2023 | 760 | 43 | 167 | 180 | N/A |
| 12/31/2022 | 759 | 45 | 200 | 212 | N/A |
| 9/30/2022 | 620 | 42 | 77 | 87 | N/A |
| 6/30/2022 | 482 | 38 | -46 | -39 | N/A |
| 3/31/2022 | 355 | 35 | -46 | -42 | N/A |
| 12/31/2021 | 228 | 32 | -47 | -45 | N/A |
| 9/30/2021 | 206 | 32 | -19 | -18 | N/A |
| 6/30/2021 | 185 | 32 | 9 | 10 | N/A |
| 3/31/2021 | 169 | 29 | 19 | 19 | N/A |
| 12/31/2020 | 154 | 26 | 29 | 29 | N/A |
| 9/30/2020 | 155 | 26 | 45 | 46 | N/A |
| 6/30/2020 | 157 | 25 | 61 | 63 | N/A |
| 3/31/2020 | 151 | 24 | 43 | 46 | N/A |
| 12/31/2019 | 145 | 23 | 25 | 28 | N/A |
| 9/30/2019 | 145 | 25 | N/A | 19 | N/A |
| 6/30/2019 | 144 | 26 | N/A | 9 | N/A |
| 3/31/2019 | 144 | 28 | N/A | 21 | N/A |
| 12/31/2018 | 145 | 29 | N/A | 33 | N/A |
| 9/30/2018 | 137 | 31 | N/A | 41 | N/A |
| 6/30/2018 | 130 | 32 | N/A | 50 | N/A |
| 3/31/2018 | 121 | 31 | N/A | 39 | N/A |
| 12/31/2017 | 112 | 30 | N/A | 28 | N/A |
| 9/30/2017 | 99 | 22 | N/A | 16 | N/A |
| 6/30/2017 | 86 | 15 | N/A | 3 | N/A |
| 3/31/2017 | 78 | 12 | N/A | 11 | N/A |
| 12/31/2016 | 71 | 10 | N/A | 18 | N/A |
| 12/31/2015 | 48 | -6 | N/A | -1 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAF's forecast earnings growth (27.4% per year) is above the savings rate (3.6%).
Earnings vs Market: MAF's earnings (27.4% per year) are forecast to grow faster than the Australian market (12.1% per year).
High Growth Earnings: MAF's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MAF's revenue is expected to decline over the next 3 years (-27.3% per year).
High Growth Revenue: MAF's revenue is forecast to decline over the next 3 years (-27.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAF's Return on Equity is forecast to be high in 3 years time (20.5%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/16 08:31 |
| End of Day Share Price | 2026/06/16 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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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
MA Financial Group Limited is covered by 9 analysts. 7 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 |
|---|---|
| Cameron Halkett | Canaccord Genuity |
| Timothy Piper | Jarden Limited |
| Richard Coles | Morgans Financial Limited |