Monadelphous Group Limited (MND) AI Stock Analysis

• Market Cap: AU$1.74B
• Dividend Yield: 3.76%
• Average Volume (3M): 214.48K
• Price to Earnings (P/E): 23.0
• Beta (1Y): 0.99
• Revenue Growth: 11.00%
• EPS Growth: 34.97%
• Country: AU
• Employees: 7,289
• Sector: Industrials
• Sector Strength: 87
• Industry: Engineering & Construction
• EPS (TTM): 0.43
• Shares Outstanding: 98,834,114
• 10 Day Avg. Volume: 259,740
• 30 Day Avg. Volume: 214,482
• PEG Ratio: 11.45
• Price to Book (P/B): 2.55
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 15.01
• 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$17.13
• Price Target Upside: -2.49% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 76 Outperform
• Price Target: AU$19.50 ▲(10.98%Upside)

Monadelphous Group Limited's strong financial performance, characterized by robust revenue growth and profitability, is the primary driver of the score. Positive technical indicators further enhance the stock's attractiveness. Valuation metrics suggest the stock is fairly priced with a solid dividend yield, appealing to income investors.

Monadelphous Group Limited Business Overview & Revenue Model

Company Description

Monadelphous Group Limited (MND) is a leading Australian engineering group that provides construction, maintenance, and industrial services to the resources, energy, and infrastructure sectors. The company specializes in multi-disciplinary services, including mechanical and electrical services, fabrication, and water infrastructure solutions.

How the Company Makes Money

Monadelphous Group Limited generates revenue primarily through its Engineering Construction and Maintenance & Industrial Services divisions. The Engineering Construction division focuses on large-scale construction projects, delivering multidisciplinary services ranging from civil to structural engineering. The Maintenance & Industrial Services division provides ongoing maintenance and support services, ensuring the operational efficiency of clients' facilities. Key revenue streams include contracts from major resource and energy companies, particularly in mining and oil & gas sectors. The company benefits from long-term service contracts and strong relationships with industry leaders, contributing to stable and recurring revenues.

Monadelphous Group Limited Financial Statement Overview

Summary

Monadelphous Group Limited exhibits strong financial health with robust revenue growth and improved profitability margins. The balance sheet is solid with low leverage and high equity, while cash flow generation is strong, supporting future investments and operations. The company is well-positioned to manage risks and capitalize on growth opportunities in the construction sector.

Income Statement

Monadelphous Group Limited has demonstrated strong revenue growth, especially in the most recent fiscal year. The gross profit margin has remained stable with a slight improvement, while net profit margin has improved, indicating better cost management and profitability. The EBIT and EBITDA margins have also shown positive trends, reflecting operational efficiency.

Balance Sheet

The company's balance sheet is robust with a healthy equity ratio and low debt-to-equity ratio, indicating financial stability and low leverage. Return on Equity (ROE) has improved, reflecting strong profitability relative to shareholder investments.

Cash Flow

Operating cash flow has significantly improved, supporting the company's ability to fund operations and investments. Free cash flow growth is strong, enhancing financial flexibility. The operating cash flow to net income ratio is favorable, suggesting good cash conversion efficiency.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	2.03B	2.01B	1.72B	1.81B	1.75B	1.49B
Gross Profit	153.91M	135.77M	118.66M	122.51M	112.17M	101.07M
EBITDA	140.61M	132.82M	108.59M	109.31M	104.60M	79.49M
Net Income	74.64M	62.20M	53.54M	52.22M	47.06M	36.48M
Balance Sheet
Total Assets	876.80M	887.36M	768.17M	791.36M	777.07M	714.16M
Cash, Cash Equivalents and Short-Term Investments	272.49M	225.86M	178.32M	183.33M	175.71M	208.29M
Total Debt	84.47M	94.24M	88.73M	109.48M	97.59M	91.89M
Total Liabilities	390.31M	421.77M	330.20M	379.18M	381.49M	329.72M
Stockholders Equity	486.48M	465.59M	437.98M	412.18M	395.57M	384.43M
Cash Flow
Free Cash Flow	79.95M	98.86M	74.25M	55.02M	18.54M	106.49M
Operating Cash Flow	133.46M	187.74M	93.29M	64.87M	26.73M	119.08M
Investing Cash Flow	-45.11M	-87.82M	-32.26M	-3.18M	-2.98M	-8.27M
Financing Cash Flow	-82.03M	-49.98M	-66.68M	-54.59M	-54.33M	-66.90M

Monadelphous Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.57
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MND, the sentiment is Positive. The current price of 17.57 is above the 20-day moving average (MA) of 17.43, above the 50-day MA of 16.82, and above the 200-day MA of 14.51, indicating a bullish trend. The MACD of 0.16 indicates Positive momentum. The RSI at 58.50 is Neutral, neither overbought nor oversold. The STOCH value of 65.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MND.

Monadelphous Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GNG	80 Outperform	AU$518.80M	13.33	58.99%	6.45%	25.12%	31.13%
NWH	77 Outperform	€1.35B	11.68	18.01%	4.75%	13.68%	24.51%
MND	76 Outperform	AU$1.74B	23.04	15.97%	3.76%	11.00%	34.97%
SSM	72 Outperform	AU$1.20B	22.70	10.90%	2.56%	6.66%	124.87%
SRG	69 Neutral	AU$1.03B	24.50	11.36%	2.93%	25.40%	41.18%
MGH	68 Neutral	AU$1.52B	19.68	9.50%	1.67%	-1.30%	-7.78%
Sector *	65 Neutral	$10.56B	15.49	5.57%	1.96%	2.71%	-26.28%

Monadelphous Group Limited Corporate Events

State Street Increases Stake in Monadelphous Group Limited

Monadelphous Group Limited has announced a significant change in its substantial holdings, with State Street Corporation and its subsidiaries now holding a notable interest in the company. This development highlights the influence of State Street as a substantial holder, potentially impacting Monadelphous Group’s strategic decisions and stakeholder relations.

The most recent analyst rating on (AU:MND) stock is a Buy with a A$15.93 price target. To see the full list of analyst forecasts on Monadelphous Group Limited stock, see the AU:MND Stock Forecast page.

State Street Corporation Ceases Substantial Holding in Monadelphous Group

Monadelphous Group Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of May 22, 2025. This change in substantial holding may impact the company’s shareholder structure and could influence its market perception and stakeholder relationships.

The most recent analyst rating on (AU:MND) stock is a Buy with a A$15.93 price target. To see the full list of analyst forecasts on Monadelphous Group Limited stock, see the AU:MND Stock Forecast page.

State Street Corporation Acquires Significant Stake in Monadelphous Group

Monadelphous Group Limited has announced a substantial holding update, indicating that State Street Corporation and its subsidiaries, including State Street Global Advisors, have acquired a significant voting power in the company. This development highlights a notable shift in the ownership structure, potentially impacting the company’s governance and strategic decisions, as State Street now holds a 5.13% voting power, positioning it as a key stakeholder.

The most recent analyst rating on (AU:MND) stock is a Buy with a A$15.93 price target. To see the full list of analyst forecasts on Monadelphous Group Limited stock, see the AU:MND Stock Forecast page.

State Street Becomes Substantial Holder in Monadelphous Group

Monadelphous Group Limited has announced that State Street Corporation and its subsidiaries have become substantial holders in the company, with a voting power of 5.12%. This development indicates a significant investment and interest in Monadelphous by a major financial entity, which could impact the company’s market position and stakeholder interests.

The most recent analyst rating on (AU:MND) stock is a Buy with a A$15.93 price target. To see the full list of analyst forecasts on Monadelphous Group Limited stock, see the AU:MND Stock Forecast page.

State Street Corporation Ceases Substantial Holding in Monadelphous Group

Monadelphous Group Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of May 16, 2025. This change in substantial holding could potentially impact the company’s shareholder structure and influence in the market, as State Street Corporation is a significant player in the financial services industry.

The most recent analyst rating on (AU:MND) stock is a Buy with a A$15.93 price target. To see the full list of analyst forecasts on Monadelphous Group Limited stock, see the AU:MND Stock Forecast page.

Monadelphous Secures $180 Million in New Contracts Across Key Sectors

Monadelphous Group Limited announced the award of new contracts valued at approximately $180 million in the resources, energy, and infrastructure sectors. These contracts include a 5-year agreement for marine structural integrity works at Rio Tinto’s Cape Lambert Hub, an upgrade project at Fortescue’s Thomas Marshalling Yard, and multidisciplinary services for Woodside Energy’s Scarborough Gas Field project. Additionally, Monadelphous’ civil business, Melchor, secured a construction contract with Mid West Ports for the Geraldton Port Maximisation Project. These contracts are expected to enhance Monadelphous’ market positioning and operational capabilities in key sectors.

The most recent analyst rating on (AU:MND) stock is a Buy with a A$15.93 price target. To see the full list of analyst forecasts on Monadelphous Group Limited stock, see the AU:MND Stock Forecast page.

Monadelphous Acquires High Energy Service to Boost Energy Transition Efforts

Monadelphous Group Limited has announced its agreement to acquire High Energy Service, a Perth-based high voltage services business, for $21.5 million. This acquisition aligns with Monadelphous’ strategic goals to enhance its capabilities in supporting Australia’s energy transition, particularly in the electricity generation and infrastructure sectors. The transaction is expected to be completed by July 2025, potentially strengthening Monadelphous’ position in the market and expanding its service offerings to major resources companies, especially within the iron ore sector.

Monadelphous Group Limited Announces Cessation of Performance Rights

Monadelphous Group Limited announced the cessation of 23,317 performance rights due to unmet conditions, impacting its issued capital. This development may influence the company’s operational strategies and stakeholder expectations as it reflects on the company’s ability to meet performance targets.

Monadelphous Director Increases Shareholding

Monadelphous Group Limited has announced a change in the director’s interest, with Helen Jane Gillies acquiring 223 ordinary shares through a Dividend Reinvestment Plan, increasing her indirect holding to 10,476 shares. This change reflects the company’s ongoing commitment to shareholder engagement and may influence investor perceptions of the company’s financial health and governance practices.

Monadelphous Director Increases Shareholding via Dividend Reinvestment

Monadelphous Group Limited announced a change in the director’s interest, with Susan Lee Murphy acquiring 302 ordinary shares through a Dividend Reinvestment Plan, increasing her total holdings to 14,137 shares. This acquisition reflects the company’s ongoing commitment to aligning its leadership’s interests with shareholder value, potentially strengthening investor confidence and reinforcing its market stability.

Monadelphous Group Limited Announces Quotation of New Securities

Monadelphous Group Limited announced the quotation of 92,375 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of March 28, 2025. This move is part of a dividend or distribution plan, potentially enhancing the company’s liquidity and market presence, benefiting stakeholders by increasing the available shares for trading.