Mader Group
Market Cap
AU$182.0m
Last Updated
2021/01/15 07:09 UTC
Data Sources
Company Financials +
Executive Summary
Mader Group Limited, a contracting company, provides specialized contract labor for maintenance and support of mobile and fixed plant equipment in the resources sector in Australia and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with proven track record.
Share Price & News
How has Mader Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MAD is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MAD's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-5.2%
MAD
1.2%
AU Commercial Services
0.1%
AU Market
1 Year Return
-15.7%
MAD
-15.2%
AU Commercial Services
-1.6%
AU Market
Return vs Industry: MAD matched the Australian Commercial Services industry which returned -15.2% over the past year.
Return vs Market: MAD underperformed the Australian Market which returned -1.6% over the past year.
Shareholder returns
| MAD | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.2% | 1.2% | 0.1% |
| 30 Day | -4.2% | 0.6% | 2.3% |
| 90 Day | 0.6% | 3.6% | 9.8% |
| 1 Year | -13.0%-15.7% | -12.4%-15.2% | 1.7%-1.6% |
| 3 Year | n/a | 4.8%0.03% | 25.7%10.1% |
| 5 Year | n/a | 32.6%19.5% | 70.7%37.2% |
Long-Term Price Volatility Vs. Market
How volatile is Mader Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Reflecting on Mader Group's (ASX:MAD) Share Price Returns Over The Last Year3 weeks ago | Simply Wall St
Here's Why Mader Group (ASX:MAD) Can Manage Its Debt Responsibly1 month ago | Simply Wall St
Does Mader Group Limited (ASX:MAD) Have A Place In Your Dividend Portfolio?Valuation
Is Mader Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MAD (A$0.91) is trading below our estimate of fair value (A$2.89)
Significantly Below Fair Value: MAD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MAD is good value based on its PE Ratio (10.4x) compared to the AU Commercial Services industry average (26.1x).
PE vs Market: MAD is good value based on its PE Ratio (10.4x) compared to the Australian market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: MAD is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: MAD is overvalued based on its PB Ratio (3.8x) compared to the AU Commercial Services industry average (2.6x).
Next Steps
Future Growth
How is Mader Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
15.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAD's forecast earnings growth (15.9% per year) is above the savings rate (2%).
Earnings vs Market: MAD's earnings (15.9% per year) are forecast to grow slower than the Australian market (17.9% per year).
High Growth Earnings: MAD's earnings are forecast to grow, but not significantly.
Revenue vs Market: MAD's revenue (13% per year) is forecast to grow faster than the Australian market (5% per year).
High Growth Revenue: MAD's revenue (13% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAD's Return on Equity is forecast to be high in 3 years time (28.7%)
Next Steps
Past Performance
How has Mader Group performed over the past 5 years?
27.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAD has high quality earnings.
Growing Profit Margin: MAD's current net profit margins (6.4%) are lower than last year (6.5%).
Past Earnings Growth Analysis
Earnings Trend: MAD's earnings have grown significantly by 27.3% per year over the past 5 years.
Accelerating Growth: MAD's earnings growth over the past year (17.5%) is below its 5-year average (27.3% per year).
Earnings vs Industry: MAD earnings growth over the past year (17.5%) exceeded the Commercial Services industry 2.6%.
Return on Equity
High ROE: MAD's Return on Equity (36.4%) is considered high.
Next Steps
Financial Health
How is Mader Group's financial position?
Financial Position Analysis
Short Term Liabilities: MAD's short term assets (A$63.2M) exceed its short term liabilities (A$37.7M).
Long Term Liabilities: MAD's short term assets (A$63.2M) exceed its long term liabilities (A$14.9M).
Debt to Equity History and Analysis
Debt Level: MAD's debt to equity ratio (51.8%) is considered high.
Reducing Debt: MAD's debt to equity ratio has increased from 0.3% to 51.8% over the past 5 years.
Debt Coverage: MAD's debt is well covered by operating cash flow (81.9%).
Interest Coverage: MAD's interest payments on its debt are well covered by EBIT (17.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Mader Group current dividend yield, its reliability and sustainability?
3.30%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAD's dividend (3.3%) is higher than the bottom 25% of dividend payers in the Australian market (2.09%).
High Dividend: MAD's dividend (3.3%) is low compared to the top 25% of dividend payers in the Australian market (5.04%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether MAD's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MAD's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.3%), MAD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MAD's dividends in 3 years are forecast to be well covered by earnings (36.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Pat Conway
2.17yrs
Tenure
AU$477,544
Compensation
Mr. Patrick Conway, also known as Pat, BBUS, CPA, GACG, serves as the Chief Executive Officer and Executive Director at Mader Group Limited since November 08, 2018. Mr. Conway has been with MADER GROUP LIM...
CEO Compensation Analysis
Compensation vs Market: Pat's total compensation ($USD371.75K) is about average for companies of similar size in the Australian market ($USD295.31K).
Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.17yrs | AU$477.54k | 0.057% A$ 103.6k | |
| Chief Operating Officer | 2.42yrs | AU$541.52k | 0.083% A$ 151.7k | |
| Executive Director | no data | AU$166.07k | 56.65% A$ 103.1m | |
| Chief Financial Officer | 0.33yr | no data | no data | |
| Company Secretary | no data | no data | no data |
2.2yrs
Average Tenure
Experienced Management: MAD's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.17yrs | AU$477.54k | 0.057% A$ 103.6k | |
| Executive Director | no data | AU$166.07k | 56.65% A$ 103.1m | |
| Non-Executive Director | no data | AU$65.70k | 19.9% A$ 36.2m | |
| Independent Non-Executive Chairman | 2yrs | AU$120.45k | 0.033% A$ 60.7k | |
| Independent Non-Executive Director | 2yrs | AU$60.00k | 0.033% A$ 60.7k |
2.0yrs
Average Tenure
Experienced Board: MAD's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Mader Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mader Group Limited
- Ticker: MAD
- Exchange: ASX
- Founded: 2005
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: AU$182.000m
- Shares outstanding: 200.00m
- Website: https://www.madergroup.com.au
Number of Employees
Location
- Mader Group Limited
- Hkew Alpha Building
- Suite A1
- Perth
- Western Australia
- 6105
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MAD | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Oct 2019 |
Biography
Mader Group Limited, a contracting company, provides specialized contract labor for maintenance and support of mobile and fixed plant equipment in the resources sector in Australia and internationally. It ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 07:09 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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 here.