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Added to YB: 2024-11-04

Pitch date: 2024-11-01

MAD.AX [bullish]

Mader Group Limited

+22.52%

current return

Author Info

Sohra Peak is a NY-based fund focused on undervalued small-caps with long-term potential. Follow the founder on Twitter.

Company Info

Mader Group Limited, a contracting company, provides specialist technical services in the mining, energy, and industrial sectors in Australia and internationally.

Market Cap

AUD 1.2B

Pitch Price

AUD 6.13

Price Target

N/A

Dividend

1.40%

EV/EBITDA

11.98

P/E

23.11

EV/Sales

1.46

Sector

Commercial Services and Supplies

Category

growth

Show full summary:
Sohra Peak Capital Portfolio Holding: Mader Group Limited

MAD.AX: Strong FY24 results, conservative FY25 guidance (+14% YoY net income) led to -27% share drop. Opportunity to accumulate. History of beating guidance (FY22: 32% vs 18%, FY23: 51% vs 26%). Expect outperformance in Australia (+10%) and North America (+25%). Est. AUD $0.29 EPS for FY25, 16-17x P/E. 15-20% FCF/share CAGR over 5 years.

Read full article (2 min)