MACMAHON HOLDINGS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.28 AUD | -3.45% |
|
-1.75% | +51.35% |
| 25/06 | Decmil Shareholders to Vote on Macmahon Acquisition Scheme on July 31 | MT |
| 04/06 | Macmahon Enters Bond Facility Agreement with Decmil Group | MT |
Valuation
| Fiscal Period: Juni | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 396.5 | 534.2 | 399 | 283.5 | 325.5 | 609.5 | - | - |
| Enterprise Value (EV) 1 | 449.2 | 595.1 | 529.4 | 499 | 527.4 | 762.2 | 689.5 | 633.4 |
| P/E ratio | 8.73 x | 8.23 x | 5.23 x | 10.4 x | 5.66 x | 7.77 x | 6.71 x | 6.49 x |
| Yield | 2.7% | 2.35% | 3.42% | 4.81% | 4.84% | 3.24% | 3.71% | 3.91% |
| Capitalization / Revenue | 0.36 x | 0.39 x | 0.3 x | 0.17 x | 0.17 x | 0.32 x | 0.31 x | 0.31 x |
| EV / Revenue | 0.41 x | 0.43 x | 0.39 x | 0.29 x | 0.28 x | 0.4 x | 0.35 x | 0.32 x |
| EV / EBITDA | 2.48 x | 2.49 x | 2.12 x | 1.71 x | 1.71 x | 2.19 x | 1.93 x | 1.76 x |
| EV / FCF | 12.5 x | 5.3 x | 18.1 x | 7.64 x | 7.16 x | 8.92 x | 7.31 x | 8.1 x |
| FCF Yield | 7.98% | 18.9% | 5.52% | 13.1% | 14% | 11.2% | 13.7% | 12.3% |
| Price to Book | 0.93 x | 1.16 x | 0.79 x | 0.54 x | 0.54 x | 0.93 x | 0.84 x | 0.76 x |
| Nbr of stocks (in thousands) | 21,43,286 | 20,94,995 | 21,00,147 | 21,00,147 | 21,00,147 | 21,01,735 | - | - |
| Reference price 2 | 0.1850 | 0.2550 | 0.1900 | 0.1350 | 0.1550 | 0.2900 | 0.2900 | 0.2900 |
| Announcement Date | 30/08/19 | 25/08/20 | 24/08/21 | 22/08/22 | 21/08/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Juni | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,103 | 1,380 | 1,351 | 1,698 | 1,906 | 1,903 | 1,964 | 1,977 |
| EBITDA 1 | 181.4 | 238.7 | 249.9 | 291.4 | 308.7 | 348.3 | 357.9 | 360 |
| EBIT 1 | 75.1 | 91.6 | 95.2 | 100.8 | 116.6 | 137.6 | 148.1 | 151.4 |
| Operating Margin | 6.81% | 6.64% | 7.04% | 5.94% | 6.12% | 7.23% | 7.54% | 7.66% |
| Earnings before Tax (EBT) 1 | 53.83 | 72.49 | 81.93 | 46.14 | 82.41 | 110.6 | 128.6 | 133.8 |
| Net income 1 | 46.1 | 64.9 | 77.23 | 27.4 | 57.67 | 77.53 | 92 | 95.56 |
| Net margin | 4.18% | 4.7% | 5.71% | 1.61% | 3.03% | 4.07% | 4.68% | 4.83% |
| EPS 2 | 0.0212 | 0.0310 | 0.0363 | 0.0130 | 0.0274 | 0.0373 | 0.0432 | 0.0447 |
| Free Cash Flow 1 | 35.84 | 112.2 | 29.24 | 65.35 | 73.63 | 85.4 | 94.3 | 78.2 |
| FCF margin | 3.25% | 8.13% | 2.16% | 3.85% | 3.86% | 4.49% | 4.8% | 3.96% |
| FCF Conversion (EBITDA) | 19.76% | 47.02% | 11.7% | 22.43% | 23.85% | 24.52% | 26.35% | 21.72% |
| FCF Conversion (Net income) | 77.75% | 172.93% | 37.87% | 238.5% | 127.67% | 110.15% | 102.5% | 81.83% |
| Dividend per Share 2 | 0.005000 | 0.006000 | 0.006500 | 0.006500 | 0.007500 | 0.009390 | 0.0108 | 0.0113 |
| Announcement Date | 30/08/19 | 25/08/20 | 24/08/21 | 22/08/22 | 21/08/23 | - | - | - |
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 S2 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 686.7 | 693.7 | 652.5 | 699 | 809.7 | 888.3 | 987.2 | 918.9 | 965.9 |
| EBITDA 1 | 112.7 | - | 121 | 128.7 | - | 152.7 | 149.3 | 159.4 | 181.5 |
| EBIT | 42.8 | 47.6 | 46.48 | 48.7 | 37.8 | - | 53.7 | - | - |
| Operating Margin | 6.23% | 6.86% | 7.12% | 6.97% | 4.67% | - | 5.44% | - | - |
| Earnings before Tax (EBT) | 33.7 | 38.79 | 36.84 | 45.08 | 9.39 | - | 34.82 | - | - |
| Net income | 28.7 | 36.2 | 44.77 | 32.46 | 3.3 | - | 23.27 | - | - |
| Net margin | 4.18% | 5.22% | 6.86% | 4.64% | 0.41% | - | 2.36% | - | - |
| EPS 2 | 0.0137 | 0.0170 | 0.0208 | 0.0155 | - | - | 0.0110 | - | 0.0200 |
| Dividend per Share 2 | - | 0.003500 | 0.003000 | 0.003500 | - | 0.003500 | - | 0.004500 | 0.004500 |
| Announcement Date | 23/02/20 | 25/08/20 | 22/02/21 | 24/08/21 | 21/02/22 | 22/08/22 | 20/02/23 | 21/08/23 | - |
1AUD in Million2AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 52.7 | 60.9 | 130 | 216 | 202 | 153 | 80 | 23.9 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.2904 x | 0.2552 x | 0.5216 x | 0.7396 x | 0.6541 x | 0.4384 x | 0.2234 x | 0.0663 x |
| Free Cash Flow 1 | 35.8 | 112 | 29.2 | 65.3 | 73.6 | 85.4 | 94.3 | 78.2 |
| ROE (net income / shareholders' equity) | 13.2% | 14.6% | 14.5% | 11.5% | 11.6% | 12.3% | 12.7% | 12% |
| ROA (Net income/ Total Assets) | 7.3% | 7.9% | 7.3% | 5.1% | 4.8% | 8.15% | 8.76% | 8.84% |
| Assets 1 | 631.5 | 821.5 | 1,058 | 537.3 | 1,201 | 951.3 | 1,050 | 1,081 |
| Book Value Per Share 2 | 0.2000 | 0.2200 | 0.2400 | 0.2500 | 0.2900 | 0.3100 | 0.3400 | 0.3800 |
| Cash Flow per Share 2 | - | 0.0900 | 0.1100 | 0.1100 | 0.1200 | 0.1300 | 0.1400 | 0.1400 |
| Capex 1 | 56.7 | 81.5 | 210 | 163 | 193 | 211 | 216 | 221 |
| Capex / Sales | 5.14% | 5.9% | 15.56% | 9.57% | 10.14% | 11.11% | 11% | 11.16% |
| Announcement Date | 30/08/19 | 25/08/20 | 24/08/21 | 22/08/22 | 21/08/23 | - | - | - |
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
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
0.29
AUD
Average target price
0.2733
AUD
Spread / Average Target
-5.75%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +51.35% | 405M | |
| -0.40% | 2.09B | |
| +17.08% | 504M | |
| +47.14% | 466M | |
| -5.52% | 448M | |
| -30.00% | 432M | |
| +12.22% | 250M | |
| +12.20% | 166M | |
| +15.74% | 104M | |
| +25.60% | 70.26M |
- Stock Market
- Equities
- MAH Stock
- Financials Macmahon Holdings Limited
