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MA Financial Group LimitedASX:MAF Stock Report

Market Cap AU$1.1b
Share Price
AU$6.39
AU$11.01
41.9% undervalued intrinsic discount
1Y-17.2%
7D4.6%
1D
Portfolio Value
View

MA Financial Group Limited

ASX:MAF Stock Report

Market Cap: AU$1.1b

MAF Community Fair Values

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See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

MA Financial Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for MA Financial Group
Historical stock prices
Current Share PriceAU$6.39
52 Week HighAU$11.64
52 Week LowAU$5.67
Beta1.57
1 Month Change-2.44%
3 Month Change-14.11%
1 Year Change-17.23%
3 Year Change21.95%
5 Year Change19.66%
Change since IPO102.86%

Recent News & 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.

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...
User avatar
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...

Shareholder Returns

MAFAU Capital MarketsAU Market
7D4.6%3.8%3.0%
1Y-17.2%1.6%3.5%

Return vs Industry: MAF underperformed the Australian Capital Markets industry which returned 1.6% over the past year.

Return vs Market: MAF underperformed the Australian Market which returned 3.5% over the past year.

Price Volatility

Is MAF's price volatile compared to industry and market?
MAF volatility
MAF Average Weekly Movement7.2%
Capital Markets Industry Average Movement5.3%
Market Average Movement10.2%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market4.1%

Stable Share Price: MAF has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: MAF's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009900Julian Bigginswww.mafinancial.com

MA Financial Group Limited, together with its subsidiaries, provides various financial services in Australia. It operates through Asset Management, Lending & Technology, and Corporate Advisory & Equities segments. The company operates as an asset manager specializing in private credit, real estate, and private equity and venture capital; and manages traditional asset classes, including equities, bonds, and cash for wholesale, retail, and institutional investors.

MA Financial Group Limited Fundamentals Summary

How do MA Financial Group's earnings and revenue compare to its market cap?
MAF fundamental statistics
Market capAU$1.11b
Earnings (TTM)AU$10.39m
Revenue (TTM)AU$1.49b
108.6x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAF income statement (TTM)
RevenueAU$1.49b
Cost of RevenueAU$976.76m
Gross ProfitAU$517.06m
Other ExpensesAU$506.67m
EarningsAU$10.39m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.059
Gross Margin34.61%
Net Profit Margin0.70%
Debt/Equity Ratio1,820.2%

How did MAF perform over the long term?

See historical performance and comparison

Dividends

3.1%
Current Dividend Yield
321%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 14:45
End of Day Share Price 2026/06/16 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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.

AnalystInstitution
Cameron HalkettCanaccord Genuity
Timothy PiperJarden Limited
Richard ColesMorgans Financial Limited