MAD Stock Overview
Mader Group Limited, a contracting company, provides specialized contract labor and support for the maintenance of heavy mobile equipment and fixed infrastructure in the resources sector in Australia and internationally.
No risks detected for MAD from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.08|
|52 Week High||AU$2.50|
|52 Week Low||AU$0.83|
|1 Month Change||9.47%|
|3 Month Change||79.31%|
|1 Year Change||105.94%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||82.46%|
Recent News & Updates
Is Mader Group (ASX:MAD) A Risky Investment?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Should You Investigate Mader Group Limited (ASX:MAD) At AU$1.62?
Mader Group Limited ( ASX:MAD ), might not be a large cap stock, but it led the ASX gainers with a relatively large...
|MAD||AU Commercial Services||AU Market|
Return vs Industry: MAD exceeded the Australian Commercial Services industry which returned -0.1% over the past year.
Return vs Market: MAD exceeded the Australian Market which returned 11.7% over the past year.
|MAD Average Weekly Movement||6.9%|
|Commercial Services Industry Average Movement||7.3%|
|Market Average Movement||8.4%|
|10% most volatile stocks in AU Market||15.7%|
|10% least volatile stocks in AU Market||3.7%|
Stable Share Price: MAD is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: MAD's weekly volatility (7%) has been stable over the past year.
About the Company
Mader Group Limited, a contracting company, provides specialized contract labor and support for the maintenance of heavy mobile equipment and fixed infrastructure in the resources sector in Australia and internationally. It offers auto and HV electricians, drill support team, clean team, rapid response teams, rostered support, shutdown teams, specialized tool hire, training and mentoring, and diggers support teams, as well as labor for component exchange, boilermaker and line boring, field support, fixed plant support, trade upgrade program, rail maintenance, and workshops. The company was founded in 2005 and is headquartered in Perth, Australia.
Mader Group Fundamentals Summary
|MAD fundamental statistics|
Is MAD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MAD income statement (TTM)|
|Cost of Revenue||AU$245.93m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.097|
|Net Profit Margin||6.36%|
How did MAD perform over the long term?See historical performance and comparison
1.4%Current Dividend Yield
Is Mader Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MAD (A$2.04) is trading below our estimate of fair value (A$3.19)
Significantly Below Fair Value: MAD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MAD is poor value based on its PE Ratio (21.1x) compared to the Global Commercial Services industry average (20.6x).
PE vs Market: MAD is poor value based on its PE Ratio (21.1x) compared to the Australian market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: MAD is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: MAD is overvalued based on its PB Ratio (6.7x) compared to the XX Commercial Services industry average (1.9x).
How is Mader Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAD's forecast earnings growth (17.3% per year) is above the savings rate (1.9%).
Earnings vs Market: MAD's earnings (17.3% per year) are forecast to grow faster than the Australian market (11.8% per year).
High Growth Earnings: MAD's earnings are forecast to grow, but not significantly.
Revenue vs Market: MAD's revenue (13.6% per year) is forecast to grow faster than the Australian market (5.2% per year).
High Growth Revenue: MAD's revenue (13.6% 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 (27%)
How has Mader Group performed over the past 5 years?
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 (6.4%).
Past Earnings Growth Analysis
Earnings Trend: MAD's earnings have grown significantly by 25.6% per year over the past 5 years.
Accelerating Growth: MAD's earnings growth over the past year (10.5%) is below its 5-year average (25.6% per year).
Earnings vs Industry: MAD earnings growth over the past year (10.5%) exceeded the Commercial Services industry 7.9%.
Return on Equity
High ROE: MAD's Return on Equity (31.9%) is considered high.
How is Mader Group's financial position?
Financial Position Analysis
Short Term Liabilities: MAD's short term assets (A$72.0M) exceed its short term liabilities (A$47.3M).
Long Term Liabilities: MAD's short term assets (A$72.0M) exceed its long term liabilities (A$14.5M).
Debt to Equity History and Analysis
Debt Level: MAD's net debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: MAD's debt to equity ratio has increased from 7.3% to 44.8% over the past 5 years.
Debt Coverage: MAD's debt is well covered by operating cash flow (59.5%).
Interest Coverage: MAD's interest payments on its debt are well covered by EBIT (23.5x coverage).
What is Mader Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAD's dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.3%).
High Dividend: MAD's dividend (1.47%) is low compared to the top 25% of dividend payers in the Australian market (5.59%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MAD has been paying a dividend for less than 10 years.
Growing Dividend: MAD has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31%), MAD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MAD's dividends in 3 years are forecast to be well covered by earnings (35.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Justin Nuich, MBA, GRAD DIP maintenance management, is the Chief Executive Officer at Mader Group Limited since January 28, 2021 and serves as its Executive Director since September 2021 and served as...
CEO Compensation Analysis
Compensation vs Market: Justin's total compensation ($USD484.77K) is about average for companies of similar size in the Australian market ($USD544.14K).
Compensation vs Earnings: Justin's compensation has increased by more than 20% in the past year.
Experienced Management: MAD's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: MAD's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mader Group Limited's employee growth, exchange listings and data sources
- Name: Mader Group Limited
- Ticker: MAD
- Exchange: ASX
- Founded: 2005
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: AU$408.000m
- Shares outstanding: 200.00m
- Website: https://www.madergroup.com.au
Number of Employees
- Mader Group Limited
- Hkew Alpha Building
- Suite A1
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/02 07:05|
|End of Day Share Price||2021/12/02 00:00|
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.