MA Financial Group Limited

CHIA:MAF Stock Report

Market Cap: AU$1.0b

MA Financial Group Valuation

Is MAF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MAF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MAF (A$6.28) is trading above our estimate of fair value (A$4.01)

Significantly Below Fair Value: MAF is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MAF?

Key metric: As MAF is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MAF. This is calculated by dividing MAF's market cap by their current earnings.
What is MAF's PE Ratio?
PE Ratio41.2x
EarningsAU$24.77m
Market CapAU$1.02b

Price to Earnings Ratio vs Peers

How does MAF's PE Ratio compare to its peers?

The above table shows the PE ratio for MAF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.3x
EQT EQT Holdings
40.6x22.7%AU$831.4m
PL8 Plato Income Maximiser
13.9xn/aAU$920.8m
MFF MFF Capital Investments
5.7xn/aAU$2.5b
CIN Carlton Investments
20.9xn/aAU$810.1m
MAF MA Financial Group
41.2x42.5%AU$1.0b

Price-To-Earnings vs Peers: MAF is expensive based on its Price-To-Earnings Ratio (41.2x) compared to the peer average (20.2x).

Price to Earnings Ratio vs Industry

How does MAF's PE Ratio compare vs other companies in the AU Capital Markets Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KBC Keybridge Capital
1.4xn/aUS$6.46m
OEQ Orion Equities
0.6xn/aUS$1.22m
QUE Queste Communications
0.8xn/aUS$861.00k
PEQA Pritchard Equity
2.7xn/aUS$861.02k
No more companies available in this PE range
MAF 41.2xIndustry Avg. 19.9xNo. of Companies7PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MAF is expensive based on its Price-To-Earnings Ratio (41.2x) compared to the Australian Capital Markets industry average (20x).

Price to Earnings Ratio vs Fair Ratio

What is MAF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MAF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio41.2x
Fair PE Ratio27.7x

Price-To-Earnings vs Fair Ratio: MAF is expensive based on its Price-To-Earnings Ratio (41.2x) compared to the estimated Fair Price-To-Earnings Ratio (27.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MAF forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$6.28
AU$7.38
+17.5%
5.7%AU$8.10AU$7.02n/a4
Nov ’25AU$6.28
AU$7.38
+17.5%
5.7%AU$8.10AU$7.02n/a4
Oct ’25AU$5.28
AU$6.62
+25.4%
14.8%AU$8.03AU$5.46n/a4
Sep ’25AU$5.26
AU$6.62
+25.9%
14.8%AU$8.03AU$5.46n/a4
Aug ’25AU$4.46
AU$6.38
+43.0%
14.0%AU$7.49AU$5.33n/a4
Jul ’25AU$4.45
AU$6.46
+45.3%
12.4%AU$7.49AU$5.67n/a4
Jun ’25AU$4.59
AU$6.46
+40.8%
12.4%AU$7.49AU$5.67n/a4
May ’25AU$4.56
AU$6.46
+41.8%
12.4%AU$7.49AU$5.67n/a4
Apr ’25AU$4.89
AU$6.53
+33.5%
11.2%AU$7.45AU$5.60n/a4
Mar ’25AU$4.90
AU$6.53
+33.3%
11.2%AU$7.45AU$5.60n/a4
Feb ’25AU$5.80
AU$6.62
+14.1%
9.5%AU$7.50AU$6.10n/a3
Jan ’25AU$5.52
AU$6.37
+15.5%
13.0%AU$7.50AU$5.52n/a3
Dec ’24AU$5.09
AU$6.37
+25.2%
13.0%AU$7.50AU$5.52n/a3
Nov ’24AU$4.33
AU$6.82
+57.4%
8.4%AU$7.60AU$6.25AU$6.283
Oct ’24AU$4.75
AU$7.10
+49.6%
7.0%AU$7.60AU$6.60AU$5.282
Sep ’24AU$4.81
AU$7.10
+47.6%
7.0%AU$7.60AU$6.60AU$5.262
Aug ’24AU$4.63
AU$7.05
+52.3%
6.4%AU$7.50AU$6.60AU$4.462
Jul ’24AU$5.07
AU$7.05
+39.1%
6.4%AU$7.50AU$6.60AU$4.452
Jun ’24AU$4.78
AU$7.05
+47.5%
6.4%AU$7.50AU$6.60AU$4.592
May ’24AU$4.70
AU$7.05
+50.0%
6.4%AU$7.50AU$6.60AU$4.562
Apr ’24AU$3.95
AU$6.32
+60.0%
17.3%AU$7.50AU$4.86AU$4.893
Mar ’24AU$4.39
AU$6.32
+44.1%
17.3%AU$7.50AU$4.86AU$4.903
Feb ’24AU$4.99
AU$6.45
+29.3%
19.9%AU$8.00AU$4.86AU$5.803
Jan ’24AU$4.49
AU$6.45
+43.7%
19.9%AU$8.00AU$4.86AU$5.523
Dec ’23AU$5.04
AU$6.43
+27.6%
24.4%AU$8.00AU$4.86AU$5.092
Nov ’23AU$4.56
AU$7.43
+62.9%
34.6%AU$10.00AU$4.86AU$4.332

Analyst Forecast: Target price is less than 20% higher than the current share price.

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