Macmahon Holdings Limited provides mining and civil construction services to mining companies in Australia, Southeast Asia, and South Africa.
Macmahon Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.20|
|52 Week High||AU$0.17|
|52 Week Low||AU$0.28|
|1 Month Change||2.50%|
|3 Month Change||-6.82%|
|1 Year Change||-16.33%|
|3 Year Change||-12.77%|
|5 Year Change||118.09%|
|Change since IPO||-76.71%|
Recent News & Updates
Is Macmahon Holdings (ASX:MAH) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
|MAH||AU Metals and Mining||AU Market|
Return vs Industry: MAH underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: MAH underperformed the Australian Market which returned 21.1% over the past year.
Stable Share Price: MAH is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: MAH's weekly volatility (6%) has been stable over the past year.
About the Company
Macmahon Holdings Limited provides mining and civil construction services to mining companies in Australia, Southeast Asia, and South Africa. The company operates in three segments: Surface Mining, Underground Mining, and International Mining. Its surface mining services include mine planning and analysis, drill and blast, bulk and selective mining, crushing and screening, fixed plant maintenance, water management, and equipment operation and maintenance.
Macmahon Holdings Fundamentals Summary
|MAH fundamental statistics|
Is MAH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MAH income statement (TTM)|
|Cost of Revenue||AU$487.23m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.037|
|Net Profit Margin||5.70%|
How did MAH perform over the long term?See historical performance and comparison
3.2%Current Dividend Yield
Is Macmahon Holdings 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: MAH (A$0.21) is trading below our estimate of fair value (A$0.8)
Significantly Below Fair Value: MAH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MAH is good value based on its PE Ratio (5.6x) compared to the Australian Metals and Mining industry average (14.3x).
PE vs Market: MAH is good value based on its PE Ratio (5.6x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: MAH's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MAH is good value based on its PB Ratio (0.8x) compared to the AU Metals and Mining industry average (2.6x).
How is Macmahon Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAH's earnings are forecast to decline over the next 3 years (-0.6% per year).
Earnings vs Market: MAH's earnings are forecast to decline over the next 3 years (-0.6% per year).
High Growth Earnings: MAH's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MAH's revenue (4.8% per year) is forecast to grow slower than the Australian market (5.4% per year).
High Growth Revenue: MAH's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAH's Return on Equity is forecast to be low in 3 years time (10.2%).
How has Macmahon Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAH has high quality earnings.
Growing Profit Margin: MAH's current net profit margins (5.7%) are higher than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: MAH's earnings have grown significantly by 48.3% per year over the past 5 years.
Accelerating Growth: MAH's earnings growth over the past year (18.9%) is below its 5-year average (48.3% per year).
Earnings vs Industry: MAH earnings growth over the past year (18.9%) underperformed the Metals and Mining industry 35.3%.
Return on Equity
High ROE: MAH's Return on Equity (14.1%) is considered low.
How is Macmahon Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: MAH's short term assets (A$497.7M) exceed its short term liabilities (A$400.0M).
Long Term Liabilities: MAH's short term assets (A$497.7M) exceed its long term liabilities (A$207.6M).
Debt to Equity History and Analysis
Debt Level: MAH's debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: MAH had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MAH's debt is well covered by operating cash flow (244.6%).
Interest Coverage: MAH's interest payments on its debt are well covered by EBIT (5.8x coverage).
What is Macmahon Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAH's dividend (3.17%) is higher than the bottom 25% of dividend payers in the Australian market (2.29%).
High Dividend: MAH's dividend (3.17%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).
Stability and Growth of Payments
Stable Dividend: MAH's dividend payments have been volatile in the past 10 years.
Growing Dividend: MAH's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.7%), MAH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MAH's dividends in 3 years are forecast to be well covered by earnings (24.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mick Finnegan (46 yo)
Mr. Michael John Finnegan, also known as Mick, has been the Chief Executive Officer of MacMahon Holdings Ltd. since November 2016. He has been Managing Director and Director of Macmahon Holdings Limited si...
CEO Compensation Analysis
Compensation vs Market: Mick's total compensation ($USD1.15M) is above average for companies of similar size in the Australian market ($USD734.81K).
Compensation vs Earnings: Mick's compensation has been consistent with company performance over the past year.
Experienced Management: MAH's management team is considered experienced (3 years average tenure).
Experienced Board: MAH's board of directors are not considered experienced ( 2.2 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: MAH 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.
Macmahon Holdings Limited's employee growth, exchange listings and data sources
- Name: Macmahon Holdings Limited
- Ticker: MAH
- Exchange: ASX
- Founded: 1963
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$430.530m
- Shares outstanding: 2.10b
- Website: https://www.macmahon.com.au
Number of Employees
- Macmahon Holdings Limited
- 15 Hudswell Road
- Perth Airport
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:04|
|End of Day Share Price||2021/10/21 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.