AMA Group Limited

ASX:AMA Stock Report

Market Cap: AU$228.7m

AMA Group Future Growth

Future criteria checks 3/6

AMA Group is forecast to grow earnings and revenue by 83.8% and 3.8% per annum respectively. EPS is expected to grow by 84% per annum. Return on equity is forecast to be 8.7% in 3 years.

Key information

83.8%

Earnings growth rate

84.02%

EPS growth rate

Commercial Services earnings growth12.7%
Revenue growth rate3.8%
Future return on equity8.68%
Analyst coverage

Low

Last updated18 Jun 2026

Recent future growth updates

Recent updates

Narrative Update Jun 16

AMA: Share Buyback And Margin Outlook Will Support Future Upside

Analysts have trimmed their fair value estimate for AMA Group from A$1.11 to A$1.00, reflecting updated assumptions around a slightly lower discount rate, more moderate revenue growth, a small uplift in profit margin, and a lower future P/E multiple. What's in the News AMA Group's board authorized a buyback plan on May 8, 2026, according to a key developments update.
Narrative Update Jun 01

AMA: Share Buyback And Margin Outlook Will Support Future Repricing

Analysts have kept AMA Group's fair value estimate steady at A$0.80, with only modest tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions driving the latest price target update. What's in the News Board of Directors authorizes a share buyback plan for AMA Group Limited on May 8, 2026.
Narrative Update May 04

AMA: Higher Margin Outlook Will Support Future Bullish Repricing

The analyst price target for AMA Group has been reset from A$1.13 to A$0.80. Analysts point to updated assumptions around revenue growth, profit margins, the discount rate and a lower future P/E multiple as the key drivers of this change.
Narrative Update Apr 20

AMA: Higher Discount Rate And Margins Will Support Future Undervaluation

Analysts have trimmed their price target for AMA Group to A$1.11 from A$1.16. This reflects slightly softer assumptions for revenue growth and profit margins, along with a marginally higher discount rate, partly offset by a modest adjustment to the future P/E multiple.
Narrative Update Apr 05

AMA: Higher Margin Outlook And Lower P/E Will Support Future Upside

Analysts now maintain the AMA Group price target at A$1.25. The unchanged fair value reflects slightly revised assumptions around the discount rate, revenue growth, profit margin, and future P/E, which together suggest a more finely balanced risk and return profile for investors.
Narrative Update Mar 22

AMA: Higher Margins And Growth Assumptions Will Support Future Undervaluation

Analysts have trimmed AMA Group's price target from A$1.24 to A$1.16, reflecting updated views on discount rates, revenue growth, profit margins and future P/E assumptions. Valuation Changes Fair Value: Trimmed from A$1.24 to A$1.16, a reduction of about 6.5% in the modeled estimate.
Narrative Update Mar 07

AMA: Higher Margin Outlook And Lower P/E Will Support Future Upside

Analysts have trimmed AMA Group's price target from A$1.30 to A$1.25, reflecting updated views on fair value, discount rate, revenue growth, profit margins and future P/E assumptions. Valuation Changes Fair Value: trimmed slightly from A$1.30 to A$1.25 per share.
Narrative Update Feb 21

AMA: Higher Margins And Revised Metrics Will Support Stronger Future Earnings Profile

Analysts have trimmed their price target on AMA Group to A$1.30 from A$1.50, reflecting updated assumptions around a slightly higher discount rate, modestly adjusted revenue growth and profit margin expectations, and a lower future P/E multiple. Valuation Changes Fair Value: reduced from A$1.50 to A$1.30 per share.
Narrative Update Feb 07

AMA: Stable Assumptions Will Continue To Support Bullish Undervaluation

Analysts have held their price target on AMA Group steady at A$1.24 per share, reflecting only minor tweaks to assumptions such as the discount rate, revenue growth, profit margin and future P/E that effectively leave their overall valuation view unchanged. Valuation Changes Fair Value: Modelled fair value per share remains effectively unchanged at A$1.24.
Narrative Update Jan 23

AMA: Slightly Higher Assumptions Will Still Support Bullish Undervaluation

Narrative Update on AMA Group Analysts have trimmed their price target on AMA Group from A$1.30 to about A$1.24. This reflects slightly higher discount rate assumptions, modestly adjusted revenue growth and profit margin expectations, and a small reduction in the assumed future P/E multiple.
Narrative Update Jan 09

AMA: Higher Margins And Revenue Assumptions Will Support Bullish Repricing

Analysts have lifted their price target for AMA Group to A$1.13 from A$0.11, reflecting updated assumptions around slightly higher revenue growth, margins, and a lower future P/E multiple. Valuation Changes Fair Value: updated from A$0.11 to A$1.13 per share, reflecting the revised model assumptions.
Narrative Update Dec 25

AMA: Stock Split Will Support Stronger Future Earnings Profile

Analysts have raised their price target for AMA Group significantly, from A0.15 to A1.50, citing a slightly higher discount rate alongside improved expectations for revenue growth, profit margins, and a modestly lower future P/E multiple. What's in the News AMA Group has announced a 1-for-10 stock split or significant stock dividend, scheduled for November 5, 2025 (Key Developments) Valuation Changes The fair value estimate has risen significantly, increasing from A$0.15 to A$1.50 per share.
Narrative Update Dec 11

AMA: Upcoming Stock Split Will Support Bullish Outlook And Share Liquidity

Analysts have trimmed their price target on AMA Group slightly to $1.30, reflecting marginally higher discount rate assumptions while leaving revenue growth, profit margin and valuation multiples effectively unchanged. What's in the News Announced a 1-for-10 stock split or significant stock dividend effective November 5, 2025, aimed at improving share liquidity and accessibility for investors (Key Developments) Valuation Changes Fair Value: Unchanged at A$1.30 per share, indicating no material revision to the intrinsic valuation.
Narrative Update Nov 27

AMA: Upcoming 1-for-10 Stock Split Will Build on Growing Market Confidence

Analysts have revised AMA Group's price target upward, reflecting increased confidence in revenue growth and reduced discount rates. Profit margin and fair value estimates remain stable.
Narrative Update Nov 05

AMA: Substantial Stock Split Will Drive Positive Rerating Momentum Ahead

Analysts have significantly raised their price target for AMA Group from $0.13 to $1.30. They cite adjustments to key valuation metrics and updated expectations for profit margins and discount rates as reasons for the increase.
Narrative Update Aug 25

Project Wallaby And TechRight Programs Will Transform Operations

The consensus analyst price target for AMA Group has increased to A$0.124, despite a deteriorating net profit margin and a significantly higher future P/E ratio reflecting richer valuation expectations. Valuation Changes Summary of Valuation Changes for AMA Group The Consensus Analyst Price Target has risen from A$0.115 to A$0.124.
Analysis Article Jun 24

Is AMA Group (ASX:AMA) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
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New Narrative May 10

Project Wallaby And TechRight Programs Will Transform Operations

Strategic expansions and operational improvements across units aim to boost revenue, efficiency, and net margins, enhancing overall financial performance.
Analysis Article May 01

AMA Group Limited (ASX:AMA) Stock Rockets 27% But Many Are Still Ignoring The Company

AMA Group Limited ( ASX:AMA ) shares have continued their recent momentum with a 27% gain in the last month alone...
Analysis Article Mar 12

Market Cool On AMA Group Limited's (ASX:AMA) Revenues

AMA Group Limited's ( ASX:AMA ) price-to-sales (or "P/S") ratio of 0.2x may look like a pretty appealing investment...
Analysis Article Sep 04

The Market Lifts AMA Group Limited (ASX:AMA) Shares 35% But It Can Do More

The AMA Group Limited ( ASX:AMA ) share price has done very well over the last month, posting an excellent gain of 35...
Analysis Article Jul 12

Even With A 29% Surge, Cautious Investors Are Not Rewarding AMA Group Limited's (ASX:AMA) Performance Completely

AMA Group Limited ( ASX:AMA ) shareholders would be excited to see that the share price has had a great month, posting...
Analysis Article Jun 18

Does AMA Group (ASX:AMA) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Apr 26

Sentiment Still Eluding AMA Group Limited (ASX:AMA)

With a price-to-sales (or "P/S") ratio of 0.1x AMA Group Limited ( ASX:AMA ) may be sending bullish signals at the...
Analysis Article Feb 24

Here's Why AMA Group (ASX:AMA) Has A Meaningful Debt Burden

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jun 22

Is AMA Group (ASX:AMA) Using Debt In A Risky Way?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 24

AMA Group (ASX:AMA) Has Debt But No Earnings; Should You Worry?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Earnings and Revenue Growth Forecasts

ASX:AMA - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/20281,14325511113
6/30/20271,10516491053
6/30/20261,056722793
12/31/20251,043-44279N/A
9/30/20251,028-64477N/A
6/30/20251,014-74576N/A
3/31/20251,006-64267N/A
12/31/2024977-53858N/A
9/30/2024955-63250N/A
6/30/2024933-82643N/A
12/31/2023855-1221730N/A
9/30/2023843-1311224N/A
6/30/2023830-141718N/A
3/31/2023861-134-27N/A
12/31/2022853-124-14-7N/A
9/30/2022849-134-25-17N/A
6/30/2022845-144-36-28N/A
12/31/2021903-147-23-14N/A
9/30/2021911-128819N/A
6/30/2021920-1093952N/A
12/31/2020896-6886102N/A
9/30/2020861-6897112N/A
6/30/2020825-69109122N/A
12/31/201967327386N/A
9/30/201964012N/A62N/A
6/30/201960722N/A37N/A
12/31/201857918N/A27N/A
9/30/201854516N/A26N/A
6/30/201851015N/A24N/A
12/31/201743116N/A22N/A
9/30/201740717N/A17N/A
6/30/201738217N/A13N/A
3/31/201736015N/AN/AN/A
12/31/201633712N/A34N/A
9/30/201630110N/A36N/A
6/30/20162647N/A37N/A
3/31/20162118N/AN/AN/A
12/31/20151578N/A9N/A
9/30/20151259N/A8N/A
6/30/2015939N/A8N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.6%).

Earnings vs Market: AMA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AMA is expected to become profitable in the next 3 years.

Revenue vs Market: AMA's revenue (3.8% per year) is forecast to grow slower than the Australian market (6.2% per year).

High Growth Revenue: AMA's revenue (3.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMA's Return on Equity is forecast to be low in 3 years time (8.7%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/22 15:45
End of Day Share Price 2026/06/22 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

AMA Group Limited is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chris SavageBell Potter
Warren JeffriesCanaccord Genuity
Aaron YeohGoldman Sachs