MAAS GROUP HOLDINGS LIMITED (MGH)
Share Price Analysis and Chart

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MGH - MAAS GROUP HOLDINGS LIMITED

FNArena Sector : Building Products & Services
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 4.57
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.60

06 Dec
2023

0.100

OPEN

$3.45

2.86%

HIGH

$3.60

120,463

LOW

$3.44

TARGET
$3.775 4.9% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ABC . ACF . BKW . BLD . BRI . CSR . FBR . FBU . JHX . JLG . RWC . SFC . SRG . WGN .
FNARENA'S MARKET CONSENSUS FORECASTS
MGH: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 20.7 27.7 xxx
DPS (cps) xxx 6.0 7.6 xxx
EPS Growth xxx - 3.5% 34.1% xxx
DPS Growth xxx 9.1% 26.7% xxx
PE Ratio xxx N/A 12.9 xxx
Dividend Yield xxx N/A 2.1% xxx
Div Pay Ratio(%) xxx 29.0% 27.4% xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.68

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 13/09 - ex-div 3c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 20192020202120222023
EPS Basic xxxxxxxxxxxx20.7
DPS All xxxxxxxxxxxx6.0
Sales/Revenue xxxxxxxxxxxx789.3 M
Book Value Per Share xxxxxxxxxxxx192.0
Net Operating Cash Flow xxxxxxxxxxxx2.6 M
Net Profit Margin xxxxxxxxxxxx8.29 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20192020202120222023
Return on Capital Employed xxxxxxxxxxxx12.09 %
Return on Invested Capital xxxxxxxxxxxx7.09 %
Return on Assets xxxxxxxxxxxx5.48 %
Return on Equity xxxxxxxxxxxx12.09 %
Return on Total Capital xxxxxxxxxxxx7.75 %
Free Cash Flow ex dividends xxxxxxxxxxxx-98.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 20192020202120222023
Short-Term Debt xxxxxxxxxxxx52 M
Long Term Debt xxxxxxxxxxxx493 M
Total Debt xxxxxxxxxxxx545 M
Goodwill - Gross xxxxxxxxxxxx107 M
Cash & Equivalents - Generic xxxxxxxxxxxx69 M
Price To Book Value xxxxxxxxxxxx1.38

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20192020202120222023
Capex xxxxxxxxxxxx82.3 M
Capex % of Sales xxxxxxxxxxxx10.42 %
Cost of Goods Sold xxxxxxxxxxxx597 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxx116 M
Research & Development xxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxx236 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Macquarie

18/08/2023

1

Outperform

$3.50

-2.78%

Maas Group's FY23 earnings beat Macquarie by 4%, while profit fell -2% short on higher interest and D&A expense. Cash generation was a material improvement on FY22 and should continue to improve, the broker suggests.

Revenues from residential land sales fell to 41% of total from 60% a year ago. Maas is currently finding it easier to sell built product and will pause build-to-rent in FY24 to focus on delivering the existing pipeline and sourcing a capital partner.

Construction Materials should start seeing solid demand in FY24 and beyond from renewable energy zones, while Resi settlements are expected to be consistent with FY23, Macquarie notes.

Outperform and $3.50 target retained.

FORECAST
Macquarie forecasts a full year FY24 dividend of 8.70 cents and EPS of 29.00 cents.
Macquarie forecasts a full year FY25 dividend of 11.20 cents and EPS of 37.30 cents.
Access Stockbroker Research History >

MGH STOCK CHART

FNArena News on MGH

1
Australian Broker Call *Extra* Edition – Nov 06, 2023

Nov 06 2023 - Daily Market Reports
2
In Brief: Banks, Technology & Insurance

Oct 06 2023 - Weekly Reports
3
ESG Focus: Reporting Season A Cracker For ESG

Sep 14 2023 - ESG Focus
4
Rudi’s Views: August 2023 – Winners & Losers

Sep 13 2023 - Rudi's View
5
Australian Broker Call *Extra* Edition – Aug 22, 2023

Aug 22 2023 - Daily Market Reports

Latest Building Products & Services News

1
Brickworks Underestimated & Cheap, Brokers Say

Oct 04 2023 - Australia
2
Analysts In Love With James Hardie, Yet Again

Aug 23 2023 - Australia
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Jun 26 2023 - Small Caps
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Apr 04 2023 - Treasure Chest
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Feb 09 2023 - Australia
7
Eye On (Small Cap) Building & Materials Stocks

Feb 01 2023 - Small Caps
8
Cost Blow-Out Rattles Fletcher Building

Dec 21 2022 - Australia
9
Divided Opinions on Reliance Worldwide

Dec 21 2022 - Australia
10
Maas Moves In On Melbourne Market

Dec 12 2022 - Small Caps