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MAAS Group Holdings LimitedASX:MGH Stock Report

Market Cap AU$1.8b
Share Price
AU$5.51
AU$5.11
7.8% overvalued intrinsic discount
1Y29.6%
7D4.0%
1D
Portfolio Value
View

MAAS Group Holdings Limited

ASX:MGH Stock Report

Market Cap: AU$1.8b

MAAS Group Holdings (MGH) Stock Overview

Together with subsidiaries, engages in the provision of construction materials to the civil infrastructure, renewable energy, building and construction, and mining sectors. More details

MGH fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance1/6
Financial Health1/6
Dividends0/6

MGH Community Fair Values

Create Narrative

See what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.

MAAS Group Holdings Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for MAAS Group Holdings
Historical stock prices
Current Share PriceAU$5.51
52 Week HighAU$5.92
52 Week LowAU$3.65
Beta0.36
1 Month Change11.54%
3 Month Change13.37%
1 Year Change29.65%
3 Year Change94.70%
5 Year Change6.17%
Change since IPO103.32%

Recent News & Updates

Narrative Update Jun 02

MGH: Steady Fair Value Will Rely On Stable Margins And Assumptions

Analysts have kept their A$5.11 price target for MAAS Group Holdings broadly unchanged, with only small tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions driving a marginally adjusted valuation outlook. What's in the News No recent company specific news items for MAAS Group Holdings were identified in the provided sources.
Narrative Update May 19

MGH: Steady Fair Value And Refined Assumptions Will Guide Future Expectations

Analysts have kept their A$5.11 fair value estimate for MAAS Group Holdings steady while modestly adjusting assumptions such as the discount rate and future P/E. This feeds into an updated price target narrative without changing the headline figure.
Narrative Update Apr 23

MGH: Share Buyback Plan And Refined Assumptions Will Support Fair Pricing

Analysts have nudged their price target for MAAS Group Holdings slightly higher to A$5.11 from A$5.03, citing modest tweaks to fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News The board of MAAS Group Holdings authorized a share buyback plan on February 3, 2026, signaling approval for repurchases over a defined period (Key Developments).

Recent updates

Narrative Update Jun 02

MGH: Steady Fair Value Will Rely On Stable Margins And Assumptions

Analysts have kept their A$5.11 price target for MAAS Group Holdings broadly unchanged, with only small tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions driving a marginally adjusted valuation outlook. What's in the News No recent company specific news items for MAAS Group Holdings were identified in the provided sources.
Narrative Update May 19

MGH: Steady Fair Value And Refined Assumptions Will Guide Future Expectations

Analysts have kept their A$5.11 fair value estimate for MAAS Group Holdings steady while modestly adjusting assumptions such as the discount rate and future P/E. This feeds into an updated price target narrative without changing the headline figure.
Narrative Update Apr 23

MGH: Share Buyback Plan And Refined Assumptions Will Support Fair Pricing

Analysts have nudged their price target for MAAS Group Holdings slightly higher to A$5.11 from A$5.03, citing modest tweaks to fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News The board of MAAS Group Holdings authorized a share buyback plan on February 3, 2026, signaling approval for repurchases over a defined period (Key Developments).
Narrative Update Feb 26

MGH: Share Buyback And Updated Assumptions Will Support Fair Pricing

Analysts have reduced their price target for MAAS Group Holdings from A$5.28 to A$5.03, reflecting updated assumptions for revenue growth, profit margins, the discount rate and future P/E expectations in their models. What's in the News The Board of Directors of MAAS Group Holdings Limited approved a share buyback plan on February 3, 2026, signaling an intention to return capital to shareholders over time (Key Developments).
Narrative Update Jan 25

MGH: Stable Assumptions And Modest Risk Shift Will Support Fair Pricing

The latest analyst price target for MAAS Group Holdings has been held broadly steady around A$5.28, with analysts pointing to relatively unchanged assumptions for fair value, revenue growth, profit margins and future P/E multiples as the key drivers behind the minimal adjustment. Valuation Changes Fair Value: Held steady at A$5.28 per share, with no change in the underlying model output.
Narrative Update Jan 09

MGH: Lower Discount Rate Will Still Leave Shares Looking Overvalued

Analysts have raised their price target for MAAS Group Holdings to A$5.28 from A$5.21, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. Valuation Changes Fair Value: fair value per share has moved slightly higher, from A$5.21 to A$5.28.
Narrative Update Dec 21

MGH: Lower Discount Rate Will Support Steady Future Shareholder Returns

Analysts have nudged their price target for MAAS Group Holdings slightly higher to reflect a modest reduction in the assumed discount rate and a marginally lower future price to earnings multiple, which implies only a minimal change in the stock's assessed fair value near A$5.21. Valuation Changes Fair Value: unchanged at approximately A$5.21 per share, indicating no material revision to intrinsic value estimates.
Analysis Article Dec 19

Investor Optimism Abounds MAAS Group Holdings Limited (ASX:MGH) But Growth Is Lacking

With a price-to-earnings (or "P/E") ratio of 24.5x MAAS Group Holdings Limited ( ASX:MGH ) may be sending bearish...
Narrative Update Dec 07

MGH: Lower Risk Outlook Will Support Stronger Future Shareholder Returns

Analysts have nudged their price target on MAAS Group Holdings slightly higher to reflect modest improvements in the company’s discount rate and long term earnings assumptions, lifting their valuation by approximately A$0.00 per share. Valuation Changes Discount Rate edged down slightly from 9.16 percent to 9.12 percent, reflecting a modest reduction in perceived risk.
Analysis Article Nov 26

An Intrinsic Calculation For MAAS Group Holdings Limited (ASX:MGH) Suggests It's 37% Undervalued

Key Insights MAAS Group Holdings' estimated fair value is AU$6.99 based on 2 Stage Free Cash Flow to Equity Current...
Narrative Update Nov 23

MGH: Ongoing Share Buybacks Are Expected To Improve Future Shareholder Returns

Analysts have slightly increased their price target for MAAS Group Holdings to $5.21 per share, citing minor adjustments to the discount rate and future earnings assumptions. Valuation Changes The Fair Value Estimate remains unchanged at A$5.21 per share.
Narrative Update Nov 06

MGH: Ongoing Share Buybacks Are Expected To Improve Future Shareholder Returns

Analysts have raised their price target for MAAS Group Holdings from $5.10 to $5.21, citing improved revenue growth forecasts and an updated discount rate in their valuation models. What's in the News MAAS Group Holdings completed the repurchase of 191,846 shares between July 1, 2024 and January 3, 2025.
Narrative Update Oct 23

Analysts Lift MAAS Group Price Target Amid Stronger Revenue Growth and Buyback Activity

Analysts have raised their price target for MAAS Group Holdings from $4.90 to $5.10, citing improved revenue growth and margin expectations as key drivers for the upward revision. What's in the News Completed repurchase of 191,846 shares between July 2024 and January 2025.
Analysis Article Aug 27

MAAS Group Holdings' (ASX:MGH) Dividend Will Be A$0.035

The board of MAAS Group Holdings Limited ( ASX:MGH ) has announced that it will pay a dividend of A$0.035 per share on...
Analysis Article Aug 24

MAAS Group Holdings Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

It's been a good week for MAAS Group Holdings Limited ( ASX:MGH ) shareholders, because the company has just released...
Analysis Article Aug 09

Investors Still Waiting For A Pull Back In MAAS Group Holdings Limited (ASX:MGH)

ASX:MGH 1 Year Share Price vs Fair Value Explore MAAS Group Holdings's Fair Values from the Community and select yours...
Analysis Article Mar 20

Investors Still Waiting For A Pull Back In MAAS Group Holdings Limited (ASX:MGH)

When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") below 17x, you may consider...
User avatar
New Narrative Feb 20

Acquisitions And Market Expansion Will Strengthen Business From FY '25

Strategic acquisitions and new geographical expansion are poised to significantly increase revenue and enhance margins in construction materials and real estate.
Analysis Article Oct 03

Here's Why We Think MAAS Group Holdings (ASX:MGH) 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 Jun 21

Take Care Before Diving Into The Deep End On MAAS Group Holdings Limited (ASX:MGH)

It's not a stretch to say that MAAS Group Holdings Limited's ( ASX:MGH ) price-to-earnings (or "P/E") ratio of 17.1x...
Analysis Article May 14

Here's Why MAAS Group Holdings (ASX:MGH) Has A Meaningful Debt Burden

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Apr 17

An Intrinsic Calculation For MAAS Group Holdings Limited (ASX:MGH) Suggests It's 50% Undervalued

Key Insights The projected fair value for MAAS Group Holdings is AU$8.63 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Feb 21

Solid Earnings May Not Tell The Whole Story For MAAS Group Holdings (ASX:MGH)

MAAS Group Holdings Limited's ( ASX:MGH ) healthy profit numbers didn't contain any surprises for investors. We believe...
Analysis Article Jan 25

Investors Aren't Entirely Convinced By MAAS Group Holdings Limited's (ASX:MGH) Earnings

With a median price-to-earnings (or "P/E") ratio of close to 19x in Australia, you could be forgiven for feeling...
Analysis Article Sep 02

MAAS Group Holdings' (ASX:MGH) Dividend Will Be Reduced To A$0.03

MAAS Group Holdings Limited ( ASX:MGH ) has announced that on 29th of September, it will be paying a dividend ofA$0.03...
Analysis Article Aug 19

MAAS Group Holdings' (ASX:MGH) Dividend Is Being Reduced To A$0.03

MAAS Group Holdings Limited ( ASX:MGH ) has announced that on 29th of September, it will be paying a dividend ofA$0.03...
Analysis Article Jun 10

Is MAAS Group Holdings Limited (ASX:MGH) Trading At A 45% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, MAAS Group Holdings fair value estimate is AU$5.48 Current...
Analysis Article May 02

At AU$3.19, Is MAAS Group Holdings Limited (ASX:MGH) Worth Looking At Closely?

While MAAS Group Holdings Limited ( ASX:MGH ) might not be the most widely known stock at the moment, it saw a...
Analysis Article Feb 25

MAAS Group Holdings (ASX:MGH) Will Pay A Larger Dividend Than Last Year At A$0.03

MAAS Group Holdings Limited ( ASX:MGH ) has announced that it will be increasing its periodic dividend on the 6th of...
Analysis Article Oct 12

MAAS Group Holdings Limited (ASX:MGH) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

MAAS Group Holdings Limited ( ASX:MGH ) shareholders that were waiting for something to happen have been dealt a blow...
Analysis Article Aug 19

Analysts Have Made A Financial Statement On MAAS Group Holdings Limited's (ASX:MGH) Full-Year Report

It's been a good week for MAAS Group Holdings Limited ( ASX:MGH ) shareholders, because the company has just released...
Analysis Article Apr 06

Do MAAS Group Holdings's (ASX:MGH) Earnings Warrant Your Attention?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

MGHAU ConstructionAU Market
7D4.0%2.1%3.0%
1Y29.6%52.9%3.5%

Return vs Industry: MGH underperformed the Australian Construction industry which returned 52.9% over the past year.

Return vs Market: MGH exceeded the Australian Market which returned 3.5% over the past year.

Price Volatility

Is MGH's price volatile compared to industry and market?
MGH volatility
MGH Average Weekly Movement5.8%
Construction Industry Average Movement6.0%
Market Average Movement10.2%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market4.1%

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

Volatility Over Time: MGH's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20022,300Wes Maaswww.maasgroup.com.au

MAAS Group Holdings Limited, together with subsidiaries, engages in the provision of construction materials to the civil infrastructure, renewable energy, building and construction, and mining sectors. It operates through Construction Materials, Civil Construction and Hire, Residential Real Estate, Commercial Real Estate, and Manufacturing segments. The Construction Materials segment supplies quarry materials, aggregates, and pre-mix concrete; offers mobile crushing and screening services for quarries, civil works, and mining; provides geotechnical services, including geological engineering, drilling, and testing; transport and logistics services; asphalt services; and quarry excavation services.

MAAS Group Holdings Limited Fundamentals Summary

How do MAAS Group Holdings's earnings and revenue compare to its market cap?
MGH fundamental statistics
Market capAU$1.84b
Earnings (TTM)AU$78.57m
Revenue (TTM)AU$1.21b
25.2x
P/E Ratio
1.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGH income statement (TTM)
RevenueAU$1.21b
Cost of RevenueAU$634.53m
Gross ProfitAU$570.83m
Other ExpensesAU$492.27m
EarningsAU$78.57m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.22
Gross Margin47.36%
Net Profit Margin6.52%
Debt/Equity Ratio84.8%

How did MGH perform over the long term?

See historical performance and comparison

Dividends

1.3%
Current Dividend Yield
32%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 14:39
End of Day Share Price 2026/06/16 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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.

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

MAAS Group Holdings Limited is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James FerrierCanaccord Genuity
James FerrierCanaccord Genuity Historic (Wilsons Advisory and Stockbroking Ltd.
Richard AmlandCLSA