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Monadelphous Group LimitedASX:MND Stock Report

Market Cap AU$3.0b
Share Price
AU$30.05
AU$19.59
53.4% overvalued intrinsic discount
1Y75.2%
7D2.5%
1D
Portfolio Value
View

Monadelphous Group Limited

ASX:MND Stock Report

Market Cap: AU$3.0b

Monadelphous Group (MND) Stock Overview

An engineering group, provides construction, maintenance, and industrial services to resources, energy, and infrastructure sectors in Australia, China, Mongolia, Papua New Guinea, China, Vietnam, the Philippines, and internationally. More details

MND fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance5/6
Financial Health5/6
Dividends4/6

MND Community Fair Values

Create Narrative

See what 14 others think this stock is worth. Follow their fair value or set your own to get alerts.

Monadelphous Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Monadelphous Group
Historical stock prices
Current Share PriceAU$30.05
52 Week HighAU$36.88
52 Week LowAU$16.89
Beta0.53
1 Month Change3.98%
3 Month Change-7.34%
1 Year Change75.22%
3 Year Change140.40%
5 Year Change204.15%
Change since IPO33,288.89%

Recent News & Updates

Narrative Update May 18

MND: Rich P/E And March 2026 Dividend Will Likely Restrain Future Returns

Analysts have kept their fair value estimate for Monadelphous Group steady at A$19.59, with modest tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions contributing to a refreshed price target narrative. What's in the News Monadelphous Group declared an ordinary fully franked dividend of A$0.49 per security for the six months ended 31 December 2025, signalling a cash return to shareholders tied to this reporting period (Key Developments).
Narrative Update May 04

MND: Rich P/E And March Dividend Will Likely Restrain Future Returns

Analysts have kept their A$19.59 price target for Monadelphous Group broadly unchanged, citing only minor adjustments in discount rate, revenue growth, profit margin and future P/E assumptions as reasons for maintaining this view. What's in the News Monadelphous Group declared an ordinary fully franked dividend of A$0.49 per security for the six months ended 31 December 2025, signaling a cash return to shareholders for that period (Key Developments).
Narrative Update Apr 20

MND: Upcoming Franked Dividend Will Support A$37 Fair Value Confidence

Analysts now hold Monadelphous Group's fair value steady at A$37.00. Small adjustments to discount rate, revenue growth, profit margin and future P/E assumptions underpin this unchanged price target view.
Narrative Update Apr 05

MND: Rich P/E And Dividend Outlook Will Likely Restrain Future Returns

Analysts have raised the Monadelphous Group price target from A$17.40 to approximately A$19.59, reflecting updated assumptions around revenue growth, profit margins and the stock's future P/E. What's in the News Announced an ordinary fully franked dividend of A$0.49 per security for the six months ended December 31, 2025, which gives investors clearer visibility on upcoming income timing (company announcement).
Narrative Update Mar 21

MND: Higher Fair Value And Upcoming Dividend Will Likely Support Upside

Analysts have raised their price target on Monadelphous Group from A$25.63 to A$30.96, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News Monadelphous Group declared an ordinary fully franked dividend of A$0.49 per security for the six months ended December 31, 2025, giving investors a clear view of cash returns over that period (Key Developments).

Recent updates

Narrative Update May 18

MND: Rich P/E And March 2026 Dividend Will Likely Restrain Future Returns

Analysts have kept their fair value estimate for Monadelphous Group steady at A$19.59, with modest tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions contributing to a refreshed price target narrative. What's in the News Monadelphous Group declared an ordinary fully franked dividend of A$0.49 per security for the six months ended 31 December 2025, signalling a cash return to shareholders tied to this reporting period (Key Developments).
Narrative Update May 04

MND: Rich P/E And March Dividend Will Likely Restrain Future Returns

Analysts have kept their A$19.59 price target for Monadelphous Group broadly unchanged, citing only minor adjustments in discount rate, revenue growth, profit margin and future P/E assumptions as reasons for maintaining this view. What's in the News Monadelphous Group declared an ordinary fully franked dividend of A$0.49 per security for the six months ended 31 December 2025, signaling a cash return to shareholders for that period (Key Developments).
Narrative Update Apr 20

MND: Upcoming Franked Dividend Will Support A$37 Fair Value Confidence

Analysts now hold Monadelphous Group's fair value steady at A$37.00. Small adjustments to discount rate, revenue growth, profit margin and future P/E assumptions underpin this unchanged price target view.
Narrative Update Apr 05

MND: Rich P/E And Dividend Outlook Will Likely Restrain Future Returns

Analysts have raised the Monadelphous Group price target from A$17.40 to approximately A$19.59, reflecting updated assumptions around revenue growth, profit margins and the stock's future P/E. What's in the News Announced an ordinary fully franked dividend of A$0.49 per security for the six months ended December 31, 2025, which gives investors clearer visibility on upcoming income timing (company announcement).
Narrative Update Mar 21

MND: Higher Fair Value And Upcoming Dividend Will Likely Support Upside

Analysts have raised their price target on Monadelphous Group from A$25.63 to A$30.96, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News Monadelphous Group declared an ordinary fully franked dividend of A$0.49 per security for the six months ended December 31, 2025, giving investors a clear view of cash returns over that period (Key Developments).
Narrative Update Mar 07

MND: Higher Dividend Visibility Will Support A$37 Fair Value Outlook

Analysts have lifted their price target on Monadelphous Group from A$24.40 to A$37.00. This change reflects updated assumptions for revenue growth, profit margins and a higher future P/E multiple.
Narrative Update Feb 21

MND: Acquisition Push Will Likely Sustain Downside Risk Despite Higher Fair Value

Analysts have lifted their price target for Monadelphous Group to A$25.63 from A$24.05, citing updated assumptions for revenue growth, profit margin, discount rate and future P/E that collectively support a higher assessed fair value. What's in the News Monadelphous Group plans to look for acquisitions, supported by what it describes as a strong balance sheet, as outlined at the 2025 Annual General Meeting.
Narrative Update Feb 07

MND: Acquisition Push And Rich P/E Will Likely Cap Future Returns

Analysts have trimmed their price target on Monadelphous Group from A$24.24 to A$22.89, reflecting updated assumptions around a higher discount rate, slightly firmer profit margins and adjustments to expected revenue growth. What's in the News Monadelphous Group plans to look for acquisitions, backed by what management describes as a strong balance sheet, as outlined at the 2025 Annual General Meeting (Key Developments).
Narrative Update Jan 24

MND: Acquisition-Led Expansion Will Likely Sustain Downside Risk Despite Higher Fair Value Estimate

Analysts have lifted their price target on Monadelphous Group to A$24.05 from A$23.39, citing updated assumptions around revenue growth, discount rates, profit margins and future P/E as the key drivers of their revised view. What's in the News At the 2025 Annual General Meeting, Managing Director Zoran Bebic said Monadelphous Group will look for acquisitions, supported by what he described as a strong balance sheet.
Narrative Update Jan 09

MND: Acquisition Push For Resilience Will Likely Sustain Downside Risk

Analysts have kept their fair value estimate for Monadelphous Group steady at A$23.39 per share, with only very small tweaks to assumptions such as the discount rate, revenue growth, profit margin and future P/E informing the updated price target narrative. What's in the News Monadelphous Group plans to look for acquisitions, with management indicating an intention to pursue targeted acquisition opportunities to support long term growth (Key Developments).
Narrative Update Dec 24

MND: Acquisition Ambitions Will Likely Struggle To Justify Elevated Share Price

Analysts have modestly raised their price target for Monadelphous Group from $15.95 to $17.40. This change reflects expectations of stronger revenue growth and a slightly higher future earnings multiple, partly offset by a marginally lower profit margin outlook and a higher assumed discount rate.
Analysis Article Dec 15

With EPS Growth And More, Monadelphous Group (ASX:MND) 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 Dec 10

MND: Acquisition-Led Expansion Will Likely Leave Shares Vulnerable To Downside

Analysts have raised their price target for Monadelphous Group slightly to A$23.39, citing a marginally higher discount rate and future P/E assumptions, while keeping revenue growth and profit margin forecasts broadly unchanged. What's in the News Monadelphous Group signalled it will actively pursue acquisitions to support long term growth, leveraging its strong balance sheet to fund deals.
Narrative Update Nov 25

MND: Higher Discount Rate And Marginal Profits Will Limit Upside

Analysts have increased their price target for Monadelphous Group from $21.82 to $23.39. They cite improved revenue growth expectations as the primary driver behind the upward adjustment.
Narrative Update Nov 11

MND: Rising Discount Rate and High P/E Will Challenge Future Returns

Analysts have raised their price target for Monadelphous Group from $20.41 to $21.82. This reflects improved expectations for revenue growth and profit margins.
Analysis Article Nov 10

Monadelphous Group (ASX:MND) Might Have The Makings Of A Multi-Bagger

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Oct 02

Monadelphous Group (ASX:MND) Has A Rock Solid Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Narrative Update Sep 26

Decarbonisation And Battery Storage Will Shape Future Markets

The upward revision of Monadelphous Group’s consensus price target reflects improved analyst expectations, underpinned by slight increases in both future P/E and revenue growth forecasts, with fair value rising from A$19.43 to A$20.41. What's in the News Monadelphous Group announced an ordinary fully paid dividend of AUD 0.39 for the six months ending June 30, 2025.
Analysis Article Sep 10

Estimating The Fair Value Of Monadelphous Group Limited (ASX:MND)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Monadelphous Group fair value estimate is AU$21.35 With...
Narrative Update Aug 25

New $17 Billion Contracts And Renewable Focus Will Drive Future Opportunities

The uplift in Monadelphous Group’s Consensus Analyst Price Target primarily reflects improved revenue growth forecasts and a higher expected future P/E multiple, raising fair value from A$16.94 to A$19.43. What's in the News Monadelphous Group Limited announced an ordinary fully paid dividend of AUD 0.39 for the six months ending June 30, 2025.
Narrative Update Aug 10

New $17 Billion Contracts And Renewable Focus Will Drive Future Opportunities

Despite a notable downward revision in revenue growth forecasts and a higher discount rate, the consensus analyst price target for Monadelphous Group has increased from A$16.11 to A$16.94. Valuation Changes Summary of Valuation Changes for Monadelphous Group The Consensus Analyst Price Target has risen from A$16.11 to A$16.94.
Analysis Article Aug 05

Is Monadelphous Group Limited (ASX:MND) Potentially Undervalued?

While Monadelphous Group Limited ( ASX:MND ) might not have the largest market cap around , it led the ASX gainers with...
Analysis Article Jul 17

Here's What To Make Of Monadelphous Group's (ASX:MND) Decelerating Rates Of Return

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Apr 07

Investors Met With Slowing Returns on Capital At Monadelphous Group (ASX:MND)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article Mar 21

Are Investors Undervaluing Monadelphous Group Limited (ASX:MND) By 26%?

Key Insights The projected fair value for Monadelphous Group is AU$21.20 based on 2 Stage Free Cash Flow to Equity...
User avatar
New Narrative Mar 11

New $17 Billion Contracts And Renewable Focus Will Drive Future Opportunities

Securing new contracts across diverse sectors and major energy players boosts future revenue and signals strong market demand.
Analysis Article Mar 07

These 4 Measures Indicate That Monadelphous Group (ASX:MND) Is Using Debt Safely

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 19

Should You Think About Buying Monadelphous Group Limited (ASX:MND) Now?

While Monadelphous Group Limited ( ASX:MND ) might not have the largest market cap around , it led the ASX gainers with...
Analysis Article Dec 06

Monadelphous Group (ASX:MND) Has Some Way To Go To Become A Multi-Bagger

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Sep 07

Monadelphous Group Limited's (ASX:MND) Share Price Not Quite Adding Up

There wouldn't be many who think Monadelphous Group Limited's ( ASX:MND ) price-to-earnings (or "P/E") ratio of 18.8x...
Analysis Article Aug 22

Monadelphous Group's (ASX:MND) Upcoming Dividend Will Be Larger Than Last Year's

The board of Monadelphous Group Limited ( ASX:MND ) has announced that it will be paying its dividend of A$0.33 on the...
Analysis Article Aug 21

The Returns At Monadelphous Group (ASX:MND) Aren't Growing

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article May 27

Monadelphous Group Limited's (ASX:MND) Popularity With Investors Is Under Threat From Overpricing

Monadelphous Group Limited's ( ASX:MND ) price-to-earnings (or "P/E") ratio of 25.1x might make it look like a sell...
Analysis Article Feb 21

Monadelphous Group Limited Just Missed Earnings - But Analysts Have Updated Their Models

Monadelphous Group Limited ( ASX:MND ) came out with its half-yearly results last week, and we wanted to see how the...
Analysis Article Jan 25

Is It Too Late To Consider Buying Monadelphous Group Limited (ASX:MND)?

Monadelphous Group Limited ( ASX:MND ), is not the largest company out there, but it saw significant share price...
Analysis Article Aug 28

Monadelphous Group (ASX:MND) Is Due To Pay A Dividend Of A$0.25

Monadelphous Group Limited ( ASX:MND ) will pay a dividend of A$0.25 on the 29th of September. This payment means that...
Analysis Article Jul 14

Is Monadelphous Group Limited (ASX:MND) Potentially Undervalued?

While Monadelphous Group Limited ( ASX:MND ) might not be the most widely known stock at the moment, it saw significant...
Analysis Article Jun 01

Monadelphous Group (ASX:MND) Is Reinvesting At Lower Rates Of Return

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Analysis Article Feb 21

Is Monadelphous Group (ASX:MND) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Oct 07

Are Investors Undervaluing Monadelphous Group Limited (ASX:MND) By 26%?

Today we will run through one way of estimating the intrinsic value of Monadelphous Group Limited ( ASX:MND ) by...

Shareholder Returns

MNDAU ConstructionAU Market
7D2.5%-1.0%0.08%
1Y75.2%43.7%3.1%

Return vs Industry: MND exceeded the Australian Construction industry which returned 43.7% over the past year.

Return vs Market: MND exceeded the Australian Market which returned 3.1% over the past year.

Price Volatility

Is MND's price volatile compared to industry and market?
MND volatility
MND Average Weekly Movement4.7%
Construction Industry Average Movement6.6%
Market Average Movement10.4%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market4.3%

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

Volatility Over Time: MND's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19728,389Zoran Bebicwww.monadelphous.com.au

Monadelphous Group Limited, an engineering group, provides construction, maintenance, and industrial services to resources, energy, and infrastructure sectors in Australia, China, Mongolia, Papua New Guinea, China, Vietnam, the Philippines, and internationally. It operates through two segments, Engineering Construction, and Maintenance and Industrial Services. The company offers fabrication, modularization, offsite pre-assembly, procurement, and installation of structural steel, tankage, mechanical and process equipment, piping, demolition, and remediation works; multi-disciplined construction services; plant commissioning; electrical and instrumentation services; engineering, procurement, and construction services; process and non-process maintenance services; and front-end scoping, shutdown planning, management, and execution services.

Monadelphous Group Limited Fundamentals Summary

How do Monadelphous Group's earnings and revenue compare to its market cap?
MND fundamental statistics
Market capAU$3.01b
Earnings (TTM)AU$106.09m
Revenue (TTM)AU$2.58b
28.4x
P/E Ratio
1.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MND income statement (TTM)
RevenueAU$2.58b
Cost of RevenueAU$2.38b
Gross ProfitAU$195.99m
Other ExpensesAU$89.90m
EarningsAU$106.09m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 25, 2026

Earnings per share (EPS)1.06
Gross Margin7.60%
Net Profit Margin4.12%
Debt/Equity Ratio0.8%

How did MND perform over the long term?

See historical performance and comparison

Dividends

3.3%
Current Dividend Yield
82%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 15:22
End of Day Share Price 2026/05/25 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

Monadelphous Group Limited is covered by 28 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Megan Kirby-LewisBarrenjoey Markets Pty Limited
Joseph HouseBell Potter
Shaurya VisenBofA Global Research