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Mader Group LimitedASX:MAD Stock Report

Market Cap AU$1.5b
Share Price
AU$7.52
AU$9.15
17.8% undervalued intrinsic discount
1Y17.7%
7D-5.6%
Portfolio Value
View

Mader Group Limited

ASX:MAD Stock Report

Market Cap: AU$1.5b

Mader Group (MAD) Stock Overview

A contracting company, provides specialist technical services in the mining, energy, and industrial sectors in Australia, North America, and internationally. More details

MAD fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance5/6
Financial Health6/6
Dividends0/6

MAD Community Fair Values

Create Narrative

See what 40 others think this stock is worth. Follow their fair value or set your own to get alerts.

Mader Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mader Group
Historical stock prices
Current Share PriceAU$7.52
52 Week HighAU$9.63
52 Week LowAU$5.80
Beta0.31
1 Month Change-4.45%
3 Month Change-8.40%
1 Year Change17.68%
3 Year Change51.92%
5 Year Change691.58%
Change since IPO559.65%

Recent News & Updates

Recent updates

MAD: Higher Revenue Assumptions Will Support A More Optimistic Future Outlook

Analysts have raised their price target for Mader Group to A$10.40 from A$10.40, reflecting updated assumptions around revenue growth, profit margins and a slightly higher discount rate, while keeping the future P/E multiple broadly in line with prior estimates. Valuation Changes Fair Value: Kept steady at A$10.40, indicating no change in the central valuation estimate.

MAD: Future P/E And Margins Will Support A Fairly Valued Outlook

Analysts have modestly adjusted their price target for Mader Group to A$8.29, reflecting updated assumptions for revenue growth, profit margins and future P/E. These changes fine tune their outlook rather than signal a major shift in view.

MAD: Higher Revenue Assumptions Will Support A More Optimistic Future Outlook

Analysts have lifted their fair value estimate for Mader Group from A$9.00 to A$10.40, reflecting updated assumptions for revenue growth, profit margins, the discount rate and future P/E multiples. Valuation Changes Fair value estimate was raised from A$9.00 to A$10.40 per share.

MAD: Stable Margins And Earnings Assumptions Will Support Stronger Outlook

Analysts have adjusted their price target for Mader Group to A$9.15 from A$9.15, reflecting updated views on discount rate, revenue growth, profit margins and future P/E assumptions, while leaving their overall valuation conclusion effectively unchanged. Valuation Changes Fair Value: Fair value estimate is unchanged at A$9.15 per share.

With EPS Growth And More, Mader Group (ASX:MAD) Makes An Interesting Case

Dec 25
With EPS Growth And More, Mader Group (ASX:MAD) Makes An Interesting Case

MAD: Future Earnings Multiple Is Expected To Offset Modest Margin Compression

Analysts have raised their price target for Mader Group from approximately $6.15 to $8.29 per share, citing expectations of slightly faster revenue growth and a higher future earnings multiple, despite a modestly lower profit margin and marginally higher discount rate. Valuation Changes Fair Value: increased from approximately A$6.15 to A$8.29 per share.

MAD: Updated Earnings Assumptions And Stable Margins Will Support Stronger Outlook

Analysts have raised their price target for Mader Group from $8.86 to $9.15 per share, citing updated fair value estimates along with modest adjustments to the discount rate and future price-earnings assumptions. Valuation Changes Fair Value Estimate has increased slightly from A$8.86 to A$9.15 per share.

MAD: Revenue Outlook And Dividend Payment Will Drive Balanced Performance

Narrative Update on Mader Group: Analyst Price Target Revised Analysts have raised their fair value estimate for Mader Group from $8.25 to $8.86, citing modest improvements in revenue growth and profit margins, as well as an upward revision in the projected price-to-earnings ratio. What's in the News Mader Group Limited declared a fully franked ordinary dividend of AUD 0.048 per share for the six months ended June 30, 2025.

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

Nov 03
Mader Group Limited's (ASX:MAD) Popularity With Investors Is Under Threat From Overpricing

Is Mader Group (ASX:MAD) Using Too Much Debt?

Oct 21
Is Mader Group (ASX:MAD) Using Too Much Debt?

Why You Should Care About Mader Group's (ASX:MAD) Strong Returns On Capital

Oct 01
Why You Should Care About Mader Group's (ASX:MAD) Strong Returns On Capital

Expansion Into Energy And Transport Logistics Will Diversify Future Revenue Streams

The consensus analyst price target for Mader Group has been raised to A$8.25, primarily reflecting higher revenue growth forecasts and an increased future P/E multiple. Valuation Changes Summary of Valuation Changes for Mader Group The Consensus Analyst Price Target has significantly risen from A$7.33 to A$8.25.

Expansion Into Energy And Transport Logistics Will Diversify Future Revenue Streams

The notable increase in Mader Group’s consensus price target is primarily attributed to a higher future P/E multiple, reflecting improved growth or sentiment, resulting in an upward revision of fair value from A$6.56 to A$7.33. Valuation Changes Summary of Valuation Changes for Mader Group The Consensus Analyst Price Target has significantly risen from A$6.56 to A$7.33.

We Think Mader Group (ASX:MAD) Can Stay On Top Of Its Debt

May 15
We Think Mader Group (ASX:MAD) Can Stay On Top Of Its Debt
User avatar

Expanding Into Energy And Transport Logistics Will Strengthen Future Prospects

Geographic diversification and entry into new industry verticals provide a strong foundation for Mader Group's future revenue growth.

Do Mader Group's (ASX:MAD) Earnings Warrant Your Attention?

Nov 19
Do Mader Group's (ASX:MAD) Earnings Warrant Your Attention?

Earnings Not Telling The Story For Mader Group Limited (ASX:MAD) After Shares Rise 28%

Oct 30
Earnings Not Telling The Story For Mader Group Limited (ASX:MAD) After Shares Rise 28%

Mader Group (ASX:MAD) Has Announced That It Will Be Increasing Its Dividend To A$0.04

Sep 18
Mader Group (ASX:MAD) Has Announced That It Will Be Increasing Its Dividend To A$0.04

Mader Group (ASX:MAD) Is Paying Out A Larger Dividend Than Last Year

Sep 04
Mader Group (ASX:MAD) Is Paying Out A Larger Dividend Than Last Year

Earnings Release: Here's Why Analysts Cut Their Mader Group Limited (ASX:MAD) Price Target To AU$6.53

Aug 21
Earnings Release: Here's Why Analysts Cut Their Mader Group Limited (ASX:MAD) Price Target To AU$6.53

Here's Why We Think Mader Group (ASX:MAD) Is Well Worth Watching

Jun 19
Here's Why We Think Mader Group (ASX:MAD) Is Well Worth Watching

Mader Group Limited's (ASX:MAD) Popularity With Investors Is Clear

Apr 08
Mader Group Limited's (ASX:MAD) Popularity With Investors Is Clear

Is It Time To Consider Buying Mader Group Limited (ASX:MAD)?

Mar 10
Is It Time To Consider Buying Mader Group Limited (ASX:MAD)?

Mader Group's (ASX:MAD) Returns On Capital Not Reflecting Well On The Business

Jan 31
Mader Group's (ASX:MAD) Returns On Capital Not Reflecting Well On The Business

Investors Still Waiting For A Pull Back In Mader Group Limited (ASX:MAD)

Dec 19
Investors Still Waiting For A Pull Back In Mader Group Limited (ASX:MAD)

Does Mader Group (ASX:MAD) Deserve A Spot On Your Watchlist?

Nov 06
Does Mader Group (ASX:MAD) Deserve A Spot On Your Watchlist?

Here's What's Concerning About Mader Group's (ASX:MAD) Returns On Capital

Oct 23
Here's What's Concerning About Mader Group's (ASX:MAD) Returns On Capital

Mader Group Limited's (ASX:MAD) Intrinsic Value Is Potentially 86% Above Its Share Price

Oct 09
Mader Group Limited's (ASX:MAD) Intrinsic Value Is Potentially 86% Above Its Share Price

We Think Mader Group (ASX:MAD) Can Stay On Top Of Its Debt

Sep 21
We Think Mader Group (ASX:MAD) Can Stay On Top Of Its Debt

We Ran A Stock Scan For Earnings Growth And Mader Group (ASX:MAD) Passed With Ease

Jul 14
We Ran A Stock Scan For Earnings Growth And Mader Group (ASX:MAD) Passed With Ease

Calculating The Intrinsic Value Of Mader Group Limited (ASX:MAD)

Jun 30
Calculating The Intrinsic Value Of Mader Group Limited (ASX:MAD)

What Does Mader Group Limited's (ASX:MAD) Share Price Indicate?

May 30
What Does Mader Group Limited's (ASX:MAD) Share Price Indicate?

Is Mader Group (ASX:MAD) Using Too Much Debt?

Mar 20
Is Mader Group (ASX:MAD) Using Too Much Debt?

Here's Why We Think Mader Group (ASX:MAD) Might Deserve Your Attention Today

Feb 23
Here's Why We Think Mader Group (ASX:MAD) Might Deserve Your Attention Today

Mader Group Limited's (ASX:MAD) Intrinsic Value Is Potentially 41% Above Its Share Price

Jan 24
Mader Group Limited's (ASX:MAD) Intrinsic Value Is Potentially 41% Above Its Share Price

Shareholder Returns

MADAU Commercial ServicesAU Market
7D-5.6%-3.4%-1.7%
1Y17.7%5.9%6.8%

Return vs Industry: MAD exceeded the Australian Commercial Services industry which returned 5.9% over the past year.

Return vs Market: MAD exceeded the Australian Market which returned 6.8% over the past year.

Price Volatility

Is MAD's price volatile compared to industry and market?
MAD volatility
MAD Average Weekly Movement6.2%
Commercial Services Industry Average Movement7.7%
Market Average Movement10.7%
10% most volatile stocks in AU Market17.7%
10% least volatile stocks in AU Market4.6%

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

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

About the Company

FoundedEmployeesCEOWebsite
20053,900Justin Nuichwww.madergroup.com.au

Mader Group Limited, a contracting company, provides specialist technical services in the mining, energy, and industrial sectors in Australia, North America, and internationally. The company offers fabrication and line boring; electrical services; and maintenance and support services for mobile, fixed, and coal handling processing plants. It also provides Infrastructure solutions for defence, utilities, and construction maintenance services.

Mader Group Limited Fundamentals Summary

How do Mader Group's earnings and revenue compare to its market cap?
MAD fundamental statistics
Market capAU$1.52b
Earnings (TTM)AU$61.62m
Revenue (TTM)AU$945.90m
24.8x
P/E Ratio
1.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAD income statement (TTM)
RevenueAU$945.90m
Cost of RevenueAU$761.90m
Gross ProfitAU$184.01m
Other ExpensesAU$122.39m
EarningsAU$61.62m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin19.45%
Net Profit Margin6.51%
Debt/Equity Ratio8.9%

How did MAD perform over the long term?

See historical performance and comparison

Dividends

1.3%
Current Dividend Yield
31%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 15:23
End of Day Share Price 2026/04/30 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

Mader Group Limited is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aryan NoroziBarrenjoey Markets Pty Limited
Hamish MurrayBell Potter
Joseph HouseBell Potter