Financials Macquarie Technology Group Limited

Equities

MAQ

AU000000MAQ4

IT Services & Consulting

Market Closed - Australian S.E. 02:10:44 2024-04-26 am EDT 5-day change 1st Jan Change
80 AUD -1.54% Intraday chart for Macquarie Technology Group Limited -2.44% +16.70%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 423.3 937.8 1,138 1,306 1,663 1,984 - -
Enterprise Value (EV) 1 406.2 1,024 1,326 1,429 1,605 1,979 2,077 2,225
P/E ratio 25.8 x 70.2 x 90.3 x 155 x 83.7 x 64.6 x 61.4 x 67 x
Yield - - - - - - - -
Capitalization / Revenue 1.72 x 3.52 x 3.99 x 4.22 x 4.82 x 5.37 x 4.98 x 4.63 x
EV / Revenue 1.65 x 3.85 x 4.65 x 4.62 x 4.65 x 5.35 x 5.22 x 5.2 x
EV / EBITDA 7.8 x 15.7 x 18 x 16.2 x 15.6 x 18 x 17.3 x 17 x
EV / FCF - -112 x -14.1 x 552 x 37.2 x 71.7 x -25.8 x -9.36 x
FCF Yield - -0.89% -7.07% 0.18% 2.69% 1.39% -3.87% -10.7%
Price to Book - 7.78 x - 8.96 x 5.21 x 5.36 x 4.69 x 4.36 x
Nbr of stocks (in thousands) 21,271 21,313 21,497 21,565 24,344 24,800 - -
Reference price 2 19.90 44.00 52.93 60.54 68.32 80.00 80.00 80.00
Announcement Date 8/27/19 8/26/20 8/24/21 8/25/22 8/23/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 246.6 266.2 285.1 309.3 345.1 369.6 398.1 428.2
EBITDA 1 52.08 65.23 73.8 88.4 103.1 110.1 120.3 130.9
EBIT 1 23.48 23.85 20.9 21.73 38.15 51.9 58.56 60.71
Operating Margin 9.52% 8.96% 7.33% 7.02% 11.06% 14.04% 14.71% 14.18%
Earnings before Tax (EBT) 1 23.36 19.44 17.5 13.25 25.47 42.17 48.83 45.47
Net income 1 16.48 13.54 12.5 8.456 17.69 29.52 31.35 28.7
Net margin 6.68% 5.09% 4.38% 2.73% 5.13% 7.99% 7.87% 6.7%
EPS 2 0.7700 0.6270 0.5860 0.3910 0.8160 1.239 1.304 1.194
Free Cash Flow 1 - -9.119 -93.76 2.586 43.1 27.6 -80.4 -237.8
FCF margin - -3.43% -32.89% 0.84% 12.49% 7.47% -20.19% -55.53%
FCF Conversion (EBITDA) - - - 2.93% 41.8% 25.06% - -
FCF Conversion (Net income) - - - 30.58% 243.63% 93.48% - -
Dividend per Share 2 - - - - - - - -
Announcement Date 8/27/19 8/26/20 8/24/21 8/25/22 8/23/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 1 - 134.3 143.6 141.5 149.3 160 172.5 172.5 181.3 185.6 190.3 198.1
EBITDA - - 36.42 37.4 40.54 47.86 51.5 51.6 53 - - -
EBIT 1 - - - 8.322 - - 18.54 19.61 23.7 28.28 28.44 32.93
Operating Margin - - - 5.88% - - 10.75% 11.37% 13.07% 15.24% 14.95% 16.62%
Earnings before Tax (EBT) - - - 7.682 - - - - - - - -
Net income 6.679 - 7.04 5.46 3.669 4.787 8.537 - - - - -
Net margin - - 4.9% 3.86% 2.46% 2.99% 4.95% - - - - -
EPS 0.3100 - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - -
Announcement Date 2/26/20 8/26/20 2/24/21 8/24/21 2/21/22 8/25/22 2/21/23 8/23/23 2/28/24 - - -
1AUD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 85.9 189 123 - - 93 241
Net Cash position 1 17.1 - - - 58.5 5.33 - -
Leverage (Debt/EBITDA) - 1.317 x 2.555 x 1.392 x - - 0.773 x 1.843 x
Free Cash Flow 1 - -9.12 -93.8 2.59 43.1 27.6 -80.4 -238
ROE (net income / shareholders' equity) 16.5% 11.8% 9.7% 6% 7.61% 8.24% 7.87% 7.26%
ROA (Net income/ Total Assets) 10.8% 5.58% 3.36% 1.89% 3.49% 4.85% 5.2% 3.9%
Assets 1 152.5 242.8 371.9 447.4 507 608.7 602.9 735.9
Book Value Per Share 2 - 5.650 - 6.760 13.10 14.90 17.10 18.30
Cash Flow per Share 2 - 2.130 2.100 4.530 5.030 5.450 4.260 4.580
Capex 1 45.8 65.9 139 95.4 65.8 60.9 157 259
Capex / Sales 18.58% 24.76% 48.78% 30.84% 19.07% 16.49% 39.37% 60.52%
Announcement Date 8/27/19 8/26/20 8/24/21 8/25/22 8/23/23 - - -
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
80 AUD
Average target price
90.07 AUD
Spread / Average Target
+12.59%
Consensus

Quarterly revenue - Rate of surprise

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