MADER GROUP LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 6.7 AUD | +0.15% |
|
+1.52% | -2.19% |
| Feb. 20 | Transcript : Mader Group Limited, H1 2024 Earnings Call, Feb 20, 2024 | |
| Feb. 19 | Mader Group Posts 34% Rise in H1 FY24 Revenue, Profit Jumps 38% | MT |
Valuation
| Fiscal Period: Juni | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 156 | 170 | 532 | 1,140 | 1,340 | - | - |
| Enterprise Value (EV) 1 | 174.5 | 193.9 | 558.7 | 1,183 | 1,386 | 1,372 | 1,347 |
| P/E ratio | - | 8.79 x | 19.6 x | 31.3 x | 26.8 x | 21.6 x | 18.5 x |
| Yield | 3.85% | 3.53% | 1.5% | 1.02% | 1.16% | 1.42% | 1.72% |
| Capitalization / Revenue | 0.57 x | 0.56 x | 1.32 x | 1.87 x | 1.73 x | 1.46 x | 1.3 x |
| EV / Revenue | 0.64 x | 0.64 x | 1.39 x | 1.94 x | 1.78 x | 1.49 x | 1.31 x |
| EV / EBITDA | 5.28 x | 5.58 x | 11 x | 15.7 x | 13.8 x | 11.2 x | 9.61 x |
| EV / FCF | 27.1 x | 39.4 x | -137 x | -183 x | 42.3 x | 31.7 x | 20.9 x |
| FCF Yield | 3.69% | 2.54% | -0.73% | -0.55% | 2.37% | 3.15% | 4.78% |
| Price to Book | 3.24 x | 2.8 x | - | 9.53 x | 8.59 x | 6.7 x | 5.28 x |
| Nbr of stocks (in thousands) | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | - | - |
| Reference price 2 | 0.7800 | 0.8500 | 2.660 | 5.700 | 6.700 | 6.700 | 6.700 |
| Announcement Date | 8/26/20 | 8/23/21 | 8/22/22 | 8/21/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Juni | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 228.6 | 273.5 | 304 | 402.1 | 608.8 | 776.7 | 920.8 | 1,029 |
| EBITDA 1 | - | 33.03 | 34.73 | 50.88 | 75.09 | 100.7 | 122.6 | 140.2 |
| EBIT 1 | - | 26.42 | 27.2 | 41.83 | 58.14 | 78.61 | 96.06 | 110.9 |
| Operating Margin | - | 9.66% | 8.95% | 10.4% | 9.55% | 10.12% | 10.43% | 10.78% |
| Earnings before Tax (EBT) 1 | - | - | 25.78 | 40.4 | 54.6 | 74.11 | 92.47 | 107.9 |
| Net income 1 | - | 17.5 | 19.34 | 27.94 | 38.51 | 51.18 | 64.11 | 74.91 |
| Net margin | - | 6.4% | 6.36% | 6.95% | 6.33% | 6.59% | 6.96% | 7.28% |
| EPS 2 | 0.0876 | - | 0.0967 | 0.1360 | 0.1821 | 0.2503 | 0.3108 | 0.3620 |
| Free Cash Flow 1 | - | 6.432 | 4.923 | -4.073 | -6.449 | 32.8 | 43.27 | 64.32 |
| FCF margin | - | 2.35% | 1.62% | -1.01% | -1.06% | 4.22% | 4.7% | 6.25% |
| FCF Conversion (EBITDA) | - | 19.48% | 14.18% | - | - | 32.56% | 35.3% | 45.87% |
| FCF Conversion (Net income) | - | 36.75% | 25.45% | - | - | 64.1% | 67.49% | 85.86% |
| Dividend per Share 2 | - | 0.0300 | 0.0300 | 0.0400 | 0.0580 | 0.0778 | 0.0952 | 0.1155 |
| Announcement Date | 10/30/19 | 8/26/20 | 8/23/21 | 8/22/22 | 8/21/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S2 | 2021 S1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 | 2026 S1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 141.2 | 94.1 | 185.2 | 108.4 | 108.4 | 216.9 | 280.3 | 155.6 | 172.8 | 328.4 | 374.4 | 414.8 | 460 | 532 |
| EBITDA 1 | - | 16.3 | - | 21.18 | - | 11.94 | 29.7 | 33.82 | 17.7 | 23.57 | 41.27 | 48.49 | 53.6 | 62 | 74 |
| EBIT | - | 13 | - | 17.11 | - | - | 24.72 | 26.57 | - | - | 31.57 | - | 43.1 | - | - |
| Operating Margin | - | 9.21% | - | 9.24% | - | - | 11.4% | 9.48% | - | - | 9.61% | - | 10.39% | - | - |
| Earnings before Tax (EBT) | 13.4 | 12.31 | - | 16.4 | - | - | 24 | 25.07 | - | - | 29.53 | 34.69 | - | 46 | 55 |
| Net income | - | 8.71 | - | 12.11 | - | - | 15.84 | 17.57 | - | - | 20.94 | 24.25 | 28 | 33 | 39 |
| Net margin | - | 6.17% | - | 6.54% | - | - | 7.3% | 6.27% | - | - | 6.37% | 6.48% | 6.75% | 7.17% | 7.33% |
| EPS | 0.0475 | - | - | - | - | - | 0.0755 | 0.0849 | - | - | 0.0972 | - | 0.1320 | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | 0.0400 | - | - |
| Announcement Date | 8/26/20 | 2/22/21 | 2/27/22 | 2/27/22 | 4/26/22 | 8/22/22 | 8/22/22 | 2/20/23 | 4/26/23 | 8/21/23 | 8/21/23 | 2/19/24 | - | - | - |
1AUD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 18.5 | 23.9 | 26.7 | 42.7 | 46.1 | 31.6 | 6.83 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.5589 x | 0.6882 x | 0.5247 x | 0.5686 x | 0.4576 x | 0.2575 x | 0.0487 x |
| Free Cash Flow 1 | - | 6.43 | 4.92 | -4.07 | -6.45 | 32.8 | 43.3 | 64.3 |
| ROE (net income / shareholders' equity) | - | 37.5% | 35.6% | 38.4% | 37.6% | 36.2% | 34.6% | 31.7% |
| ROA (Net income/ Total Assets) | - | - | - | 18.9% | 18% | 18.4% | 19.7% | 19.6% |
| Assets 1 | - | - | - | 147.8 | 213.9 | 278.1 | 324.9 | 382.2 |
| Book Value Per Share 2 | - | 0.2400 | 0.3000 | - | 0.6000 | 0.7800 | 1.000 | 1.270 |
| Cash Flow per Share 2 | - | - | - | - | - | 0.2900 | 0.3100 | 0.4200 |
| Capex 1 | - | 14 | 11.2 | 39.5 | 47.5 | 45 | 43.6 | 40.7 |
| Capex / Sales | - | 5.11% | 3.69% | 9.81% | 7.81% | 5.79% | 4.74% | 3.96% |
| Announcement Date | 10/30/19 | 8/26/20 | 8/23/21 | 8/22/22 | 8/21/23 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
6.7
AUD
Average target price
7.098
AUD
Spread / Average Target
+5.93%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -2.19% | 874M | |
| +7.31% | 1.42B | |
| +72.97% | 410M | |
| -43.59% | 264M | |
| +11.11% | 196M | |
| +5.73% | 184M | |
| -11.13% | 82.68M | |
| +28.35% | 61.13M | |
| +13.18% | 54.39M |
- Stock Market
- Equities
- MAD Stock
- Financials Mader Group Limited
