Maximus, Inc. provides business process services (BPS) to government health and human services programs worldwide. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Maximus's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MMS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MMS's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MMS exceeded the US IT industry which returned 36.7% over the past year.
Return vs Market: MMS underperformed the US Market which returned 44.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Maximus's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Maximus, Inc. (NYSE:MMS)
3 weeks ago | Simply Wall StIs Maximus, Inc. (NYSE:MMS) Potentially Undervalued?
1 month ago | Simply Wall StMaximus (NYSE:MMS) Has Re-Affirmed Its Dividend Of US$0.28
Is Maximus 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: MMS ($94.39) is trading below our estimate of fair value ($134.64)
Significantly Below Fair Value: MMS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MMS is good value based on its PE Ratio (21.4x) compared to the US IT industry average (36.3x).
PE vs Market: MMS is poor value based on its PE Ratio (21.4x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: MMS is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: MMS is good value based on its PB Ratio (4.2x) compared to the US IT industry average (4.9x).
How is Maximus 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: MMS's forecast earnings growth (8.4% per year) is above the savings rate (2%).
Earnings vs Market: MMS's earnings (8.4% per year) are forecast to grow slower than the US market (15.5% per year).
High Growth Earnings: MMS's earnings are forecast to grow, but not significantly.
Revenue vs Market: MMS's revenue (7% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: MMS's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MMS's Return on Equity is forecast to be high in 3 years time
How has Maximus performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MMS has high quality earnings.
Growing Profit Margin: MMS's current net profit margins (7.3%) are higher than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: MMS's earnings have grown by 6% per year over the past 5 years.
Accelerating Growth: MMS's earnings growth over the past year (30.3%) exceeds its 5-year average (6% per year).
Earnings vs Industry: MMS earnings growth over the past year (30.3%) exceeded the IT industry 16.3%.
Return on Equity
High ROE: MMS's Return on Equity (19.9%) is considered low.
How is Maximus's financial position?
Financial Position Analysis
Short Term Liabilities: MMS's short term assets ($932.1M) exceed its short term liabilities ($593.7M).
Long Term Liabilities: MMS's short term assets ($932.1M) exceed its long term liabilities ($477.8M).
Debt to Equity History and Analysis
Debt Level: MMS's debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: MMS's debt to equity ratio has reduced from 43% to 19.5% over the past 5 years.
Debt Coverage: MMS's debt is well covered by operating cash flow (155.3%).
Interest Coverage: MMS's interest payments on its debt are well covered by EBIT (182.5x coverage).
What is Maximus's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MMS's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: MMS's dividend (1.19%) is low compared to the top 25% of dividend payers in the US market (3.35%).
Stability and Growth of Payments
Stable Dividend: MMS's dividends per share have been stable in the past 10 years.
Growing Dividend: MMS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.4%), MMS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bruce Caswell (53 yo)
Mr. Bruce L. Caswell has been Chief Executive Officer and Director of MAXIMUS, Inc. since April 1, 2018. Mr. Caswell has been the President at MAXIMUS Inc. since October 1, 2014 and served as its General M...
CEO Compensation Analysis
Compensation vs Market: Bruce's total compensation ($USD6.14M) is about average for companies of similar size in the US market ($USD6.52M).
Compensation vs Earnings: Bruce's compensation has increased by more than 20% in the past year.
Experienced Management: MMS's management team is considered experienced (3.4 years average tenure).
Experienced Board: MMS's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MMS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Maximus, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Maximus, Inc.
- Ticker: MMS
- Exchange: NYSE
- Founded: 1975
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: US$5.802b
- Shares outstanding: 61.47m
- Website: https://www.maximus.com
Number of Employees
- Maximus, Inc.
- 1891 Metro Center Drive
- United States
Maximus, Inc. provides business process services (BPS) to government health and human services programs worldwide. It operates through three segments: U.S. Services, U.S. Federal Services, and Outside the ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/14 01:05|
|End of Day Share Price||2021/06/11 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.