Mader Group Ltd (MAD) AI Stock Analysis

• Market Cap: AU$1.21B
• Dividend Yield: 1.34%
• Average Volume (3M): 76.46K
• Price to Earnings (P/E): 23.0
• Beta (1Y): 1.13
• Revenue Growth: 15.46%
• EPS Growth: 15.14%
• Country: AU
• Employees: 3,200
• Sector: Industrials
• Sector Strength: 92
• Industry: Specialty Business Services
• EPS (TTM): 0.13
• Shares Outstanding: 201,875,000
• 10 Day Avg. Volume: 61,081
• 30 Day Avg. Volume: 76,456
• PEG Ratio: N/A
• Price to Book (P/B): 7.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 42.73
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$6.70
• Price Target Upside: 12.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 73 Outperform
• Price Target: AU$6.50 ▲(8.70%Upside)

Mader Group Ltd shows strong financial performance with significant revenue growth and robust cash flow management. Despite the moderate bearish technical indicators, the stock's fair valuation supports its investment potential. The absence of recent earnings call insights and corporate events limits additional context, but the company remains well-positioned in its industry.

Mader Group Ltd Business Overview & Revenue Model

Company Description

Mader Group Limited, a contracting company, provides specialized technical services in the mining, energy, and industrial sectors in Australia and internationally. It offers rail services, digger and drill support team, fabrication and line boring, non-processing and processing infrastructure, power generation and marine, field support, professional support roles, maintenance projects, electrical services, component exchange, rapid response teams, rostered support, HME shutdown teams, specialized tool hire, clean team, trade upgrade program, training national workforces, and maintenance centre services. The company also provides in-field technical support, major overhauls and repairs, preventative equipment maintenance, training of maintenance teams, and ancillary services. Mader Group Limited was founded in 2005 and is headquartered in Perth, Australia.

How the Company Makes Money

Mader Group Ltd generates revenue primarily through the provision of maintenance and support services to the mining and resources sectors. The company's key revenue streams include field service operations, where technicians are deployed to client sites to perform maintenance and repair tasks on heavy mobile equipment. Additionally, Mader Group offers shutdown services, which involve comprehensive maintenance activities during scheduled downtime, maximizing equipment availability and performance. The company also operates workshops where equipment is serviced and maintained. Strategic partnerships with major mining operators and a reputation for delivering high-quality services contribute significantly to Mader Group's earnings.

Mader Group Ltd Financial Statement Overview

Summary

Mader Group Ltd exhibits a solid financial performance with strong revenue growth, profitability, and cash flow management. The income statement shows robust growth with a significant revenue increase, healthy margins, and efficient operations. The balance sheet is stable, with a manageable debt-to-equity ratio and strong ROE, though there is room for improvement in equity proportion. Cash flow performance is strong, demonstrating effective cash conversion.

Income Statement

Mader Group Ltd shows robust growth with a significant revenue increase of 27.2% from 2023 to 2024. The gross profit margin stands at 20.9%, and the net profit margin is at 6.5%, reflecting solid profitability. EBIT and EBITDA margins are healthy at 9.3% and 12.8%, respectively, indicating efficient operations.

Balance Sheet

The company maintains a stable financial position with a debt-to-equity ratio of 0.43, suggesting manageable leverage. ROE is impressive at 31.4%, highlighting strong returns on equity. The equity ratio of 47.4% indicates a balanced capital structure, though there is room for improvement in equity proportion.

Cash Flow

Cash flow performance is strong, with a remarkable free cash flow growth of 535% from 2023 to 2024, driven by robust operating cash flows. The operating cash flow to net income ratio is 1.36, and the free cash flow to net income ratio is 0.56, demonstrating effective cash conversion.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
811.54M	774.47M	608.79M	402.08M	304.30M	273.55M
	Gross Profit
155.10M	161.99M	135.85M	78.58M	58.38M	54.74M
	EBIT
74.62M	72.33M	55.70M	34.93M	26.56M	27.44M
	EBITDA
100.61M	99.23M	75.09M	50.35M	34.73M	33.25M
	Net Income Common Stockholders
52.18M	50.42M	38.51M	27.95M	19.34M	17.50M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
21.78M	30.12M	13.01M	6.65M	3.21M	6.46M
	Total Assets
339.82M	337.94M	252.70M	175.08M	122.51M	100.75M
	Total Debt
52.83M	69.71M	64.40M	41.56M	30.84M	27.50M
	Net Debt
31.04M	39.59M	51.39M	34.91M	27.63M	21.05M
	Total Liabilities
148.13M	177.62M	133.05M	90.10M	61.84M	52.63M
	Stockholders Equity
191.68M	160.33M	119.64M	84.98M	60.67M	48.12M
Cash Flow		Free Cash Flow
30.33M	28.06M	-6.45M	-4.07M	4.92M	6.43M
	Operating Cash Flow
70.78M	68.72M	41.09M	35.39M	16.16M	20.40M
	Investing Cash Flow
-40.45M	-40.66M	-47.29M	-31.01M	-14.77M	-12.86M
	Financing Cash Flow
-32.25M	-10.63M	12.31M	-1.39M	-4.31M	-4.13M

Mader Group Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.98
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MAD, the sentiment is Negative. The current price of 5.98 is below the 20-day moving average (MA) of 6.10, below the 50-day MA of 6.08, and above the 200-day MA of 5.86, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 43.01 is Neutral, neither overbought nor oversold. The STOCH value of 13.64 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MAD.

Mader Group Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAD	73 Outperform	AU$1.21B	22.99	31.70%	1.34%	15.46%	15.14%
Sector *	62 Neutral	$759.40M	8.20	4.79%	3.79%	1.56%	-35.62%
DNE		€2.34B	50.60	3.35%	3.96%	―	―
MALRF		$3.00B	43.31	-33.95%	4.54%	―	―
3NR		€742.24M	10.59	18.01%	5.98%	―	―
ASL		AU$181.00M	―	-75.74%	―	―	―
SND	66 Neutral	AU$93.70M	9.56	18.42%	5.48%	12.06%	-8.98%

Mader Group Ltd Corporate Events

Mader Group Ltd Director Increases Stake in Company

Mader Group Ltd has announced a change in the director’s interest in securities, specifically involving Luke Mader. The company disclosed that Mr. Mader, through an entity he controls, acquired 20,095 fully paid ordinary shares via an on-market trade, bringing his indirect holdings to a total of 1,493,595 shares. This acquisition reflects a strategic move to consolidate Mr. Mader’s stake in the company, potentially signaling confidence in the company’s future performance and stability.

Mader Group Ltd Showcases Strategic Growth at Euroz Hartley’s Rottnest Conference

Mader Group Ltd, with its expansive global presence and diverse industry focus, continues to build a unique business model. The company’s participation in the Euroz Hartley’s Rottnest Conference highlights its strategic initiatives and commitment to enhancing its market position, which could have significant implications for its stakeholders and industry standing.