Added to YB: 2024-12-09
Pitch date: 2024-12-06
MGH.AX [bullish]
MAAS Group Holdings Limited
+27.8%
current return
Author Info
Company Info
MAAS Group Holdings Limited, together with subsidiaries, engages in the provision of construction materials to the civil infrastructure, renewable energy, building and construction, and mining sectors.
Market Cap
AUD 1.8B
Pitch Price
AUD 4.83
Price Target
N/A
Dividend
1.41%
EV/EBITDA
12.50
P/E
22.94
EV/Sales
2.05
Sector
Construction and Engineering
Category
growth
MGH.AX: A Compelling Play in Construction Materials and Equipment Hire
MGH.AX: Construction materials co. w/ quarries, equipment hire & civil construction. 30x P/E but well-run. Effective acquisition strategy doubled EPS since 2020. Recent capital raise for quarry assets at 7x EBITDA pre-synergies. CEO owns 40%, great track record. Limited stock coverage. Not cheap, but promising setup.
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