Maas Group Holdings Ltd (MGH) - Net Assets

Latest as of December 2025: AU$922.67 Million AUD ≈ $652.85 Million USD

Based on the latest financial reports, Maas Group Holdings Ltd (MGH) has net assets worth AU$922.67 Million AUD (≈ $652.85 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.99 Billion ≈ $1.41 Billion USD) and total liabilities (AU$1.07 Billion ≈ $755.29 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore balance sheet size of Maas Group Holdings Ltd for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$922.67 Million
% of Total Assets 46.36%
Annual Growth Rate 63.77%
5-Year Change 250.35%
10-Year Change N/A
Growth Volatility 66.48

Maas Group Holdings Ltd - Net Assets Trend (2017–2024)

This chart illustrates how Maas Group Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Check MGH goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Maas Group Holdings Ltd (2017–2024)

The table below shows the annual net assets of Maas Group Holdings Ltd from 2017 to 2024. For live valuation and market cap data, see how much is Maas Group Holdings Ltd worth.

Year Net Assets Change
2024-12-31 AU$891.30 Million
≈ $630.65 Million		 +30.37%
2023-12-31 AU$683.68 Million
≈ $483.75 Million		 +8.64%
2022-12-31 AU$629.29 Million
≈ $445.26 Million		 +38.02%
2021-12-31 AU$455.95 Million
≈ $322.61 Million		 +79.23%
2020-12-31 AU$254.40 Million
≈ $180.00 Million		 +19.21%
2019-12-31 AU$213.40 Million
≈ $150.99 Million		 +175.43%
2018-12-31 AU$77.48 Million
≈ $54.82 Million		 +174.77%
2017-12-31 AU$28.20 Million
≈ $19.95 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Maas Group Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 874.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings AU$274.89 Million 31.37%
Common Stock AU$707.21 Million 80.71%
Other Comprehensive Income AU$-107.16 Million -12.23%
Other Components AU$1.25 Million 0.14%
Total Equity AU$876.19 Million 100.00%

Maas Group Holdings Ltd Competitors by Market Cap

The table below lists competitors of Maas Group Holdings Ltd ranked by their market capitalization.

Company Market Cap
Bellevue Gold Ltd
AU:BGL
 $1.37 Billion
Hunan Kaimeite Gases Co Ltd
SHE:002549
 $1.37 Billion
PCBL LIMITED
NSE:PCBL
 $1.37 Billion
Crombie Real Estate Investment Trust
TO:CRR-UN
 $1.37 Billion
Alrov Properties & Lodgings Ltd
TA:ALRPR
 $1.37 Billion
InterRent Real Estate Investment Trust
TO:IIP-UN
 $1.37 Billion
Tibet Tianlu Co Ltd
SHG:600326
 $1.37 Billion
Olaplex Holdings Inc
NASDAQ:OLPX
 $1.37 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Maas Group Holdings Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 678,628,000 to 876,186,000, a change of 197,558,000 (29.1%).
  • Net income of 71,963,000 contributed positively to equity growth.
  • Dividend payments of 24,984,000 reduced retained earnings.
  • Share repurchases of 10,093,000 reduced equity.
  • New share issuances of 150,000,000 increased equity.
  • Other comprehensive income decreased equity by 724,000.
  • Other factors increased equity by 11,396,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$71.96 Million +8.21%
Dividends Paid AU$24.98 Million -2.85%
Share Repurchases AU$10.09 Million -1.15%
Share Issuances AU$150.00 Million +17.12%
Other Comprehensive Income AU$-724.00K -0.08%
Other Changes AU$11.40 Million +1.3%
Total Change AU$- 29.11%

Book Value vs Market Value Analysis

This analysis compares Maas Group Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.14x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 50.35x to 2.14x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 AU$0.11 AU$5.36 x
2018-12-31 AU$0.28 AU$5.36 x
2019-12-31 AU$0.81 AU$5.36 x
2020-12-31 AU$1.05 AU$5.36 x
2021-12-31 AU$1.57 AU$5.36 x
2022-12-31 AU$1.95 AU$5.36 x
2023-12-31 AU$2.04 AU$5.36 x
2024-12-31 AU$2.50 AU$5.36 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Maas Group Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 8.21%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.98%
  • • Asset Turnover: 0.52x
  • • Equity Multiplier: 2.27x
  • Recent ROE (8.21%) is below the historical average (14.80%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 39.89% 26.59% 0.42x 3.58x AU$8.43 Million
2018 12.25% 25.08% 0.15x 3.24x AU$1.69 Million
2019 9.70% 11.07% 0.48x 1.81x AU$-646.43K
2020 13.59% 12.66% 0.56x 1.92x AU$9.13 Million
2021 13.50% 12.07% 0.54x 2.08x AU$15.97 Million
2022 10.51% 8.35% 0.55x 2.30x AU$3.22 Million
2023 10.75% 8.15% 0.56x 2.34x AU$5.10 Million
2024 8.21% 6.98% 0.52x 2.27x AU$-15.66 Million

Industry Comparison

This section compares Maas Group Holdings Ltd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $285,941,913
  • Average return on equity (ROE) among peers: 52.13%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Maas Group Holdings Ltd (MGH) AU$922.67 Million 39.89% 1.16x $1.37 Billion
Acrow Ltd (ACF) $102.88 Million 22.80% 1.12x $191.79 Million
BSA Ltd (BSA) $53.31 Million 15.04% 1.06x $15.45 Million
Civmec Ltd (CVL) $261.88 Million 6.68% 1.28x $618.42 Million
Dynamic Group Holdings Ltd (DDB) $426.96K 357.47% 11.27x $28.36 Million
Downer Edi Ltd (DOW) $2.09 Billion 8.65% 1.01x $3.72 Billion
Duratec Ltd (DUR) $74.33 Million 30.71% 2.38x $396.38 Million
EVZ Ltd (EVZ) $38.14 Million 5.29% 0.73x $52.44 Million
Fleetwood Ltd (FWD) $141.75 Million 25.12% 0.39x $152.76 Million
Genusplus Group Ltd (GNP) $24.79 Million 24.25% 0.99x $1.15 Billion
Johns LYNG Group Ltd (JLG) $73.41 Million 25.28% 2.38x $806.21 Million

About Maas Group Holdings Ltd

AU:MGH Australia Engineering & Construction
Market Cap
$1.37 Billion
AU$1.94 Billion AUD
Market Cap Rank
#7533 Global
#180 in Australia
Share Price
AU$5.36
Change (1 day)
+8.06%
52-Week Range
AU$4.02 - AU$5.81
All Time High
AU$5.81
Categories
Companies in Australia Engineering & Construction
About

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. It operates through Construction Materials, Civil Construction and Hire, Residential Real Estate, Commercial Real Estate, and Manufacturing segments. The Construction Materials segment supplies qua… Read more