MAAS Group Holdings (ASX:MGH) Operating Margin %: 8.78% (As of Dec. 2025) — 21% Below Median


ASX:MGH MAAS Group Holdings Ltd ASX:MGH
64 GF Score
Price A$5.31
GF Value A$5.61
Valuation Fairly Valued
! 7 Warning Signs
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What is MAAS Group Holdings Operating Margin %?

MAAS Group Holdings ASX:MGH +0.76% 64 Operating Margin % is 8.78% as of Dec. 2025, which is 21% below its 10-year median of 11.16. GuruFocus rates ASX:MGH with a GF Score™ of 64/100 and a GF Value™ of A$5.61 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,767 Construction companies, MAAS Group Holdings ranks better than 70.97% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. MAAS Group Holdings's Operating Income for the six months ended in Dec. 2025 was A$56 Mil. MAAS Group Holdings's Revenue for the six months ended in Dec. 2025 was A$635 Mil. Therefore, MAAS Group Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was 8.78%.

The historical rank and industry rank for MAAS Group Holdings's Operating Margin % or its related term are showing as below:

ASX:MGH' s Operating Margin % Range Over the Past 10 Years
Min: 8.24   Med: 11.16   Max: 14.81
Current: 10.06


ASX:MGH's Operating Margin % is ranked better than
70.97% of 1767 companies
in the Construction industry
Industry Median: 5.89 vs ASX:MGH: 10.06

MAAS Group Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

MAAS Group Holdings's Operating Income for the six months ended in Dec. 2025 was A$56 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$121 Mil.


MAAS Group Holdings  (ASX:MGH) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


MAAS Group Holdings Operating Margin % Related Terms


MAAS Group Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for MAAS Group Holdings's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MAAS Group Holdings Operating Margin % Chart

MAAS Group Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Margin %
Get a 7-Day Free Trial 14.81 12.02 8.24 11.16 9.79

MAAS Group Holdings Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.25 12.16 7.71 11.51 8.78

ASX:MGH vs PWR, FIX, EME: Operating Margin % Comparison

For the Engineering & Construction subindustry, MAAS Group Holdings's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MAAS Group Holdings Operating Margin % vs Construction Industry

For the Construction industry and Industrials sector, MAAS Group Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where MAAS Group Holdings's Operating Margin % falls into.


ASX:MGH
64GF Score
MAAS Group Holdings Ltd ASX:MGH
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MAAS Group Holdings Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

MAAS Group Holdings's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as

Operating Margin %=Operating Income (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=100.84 / 1030.542
=9.79 %

MAAS Group Holdings's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=55.796 / 635.253
=8.78 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 8.78% mean?
MAAS Group Holdings (ASX:MGH) has a Operating Margin % of 8.78% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on MAAS Group Holdings and its competitors. This is 21% below median its historical median of 11.16. Over the past decade, MAAS Group Holdings' Operating Margin % has ranged from 8.24 to 14.81. According to the industry distribution chart, MAAS Group Holdings ranks #513 out of 1767 companies in the Construction industry, placing it in the top 29%.
Is MAAS Group Holdings' Operating Margin % too high?
MAAS Group Holdings' current Operating Margin % of 8.78% is 21% below median its 10-year median of 11.16. Over the past 10 years, this metric has ranged from a low of 8.24 to a high of 14.81. The Construction industry median Operating Margin % is 5.89. MAAS Group Holdings' value of 8.78% is 49.1% above this industry median. Based on the distribution chart, MAAS Group Holdings ranks #513 out of 1767 companies in the Construction industry, which is above the industry midpoint. Overall, MAAS Group Holdings has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MAAS Group Holdings' Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, MAAS Group Holdings ranks #513 out of 1767 companies for Operating Margin %. This puts MAAS Group Holdings in the upper half of its industry. The industry median Operating Margin % is 5.89. MAAS Group Holdings' value of 8.78% is 49.1% above this benchmark. Historically, MAAS Group Holdings' own Operating Margin % has ranged from 8.24 to 14.81 over the past decade. While the company's 10-year median is 11.16 vs. the industry median of 5.89, MAAS Group Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,767 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MAAS Group Holdings's current Operating Margin % of 8.78% is 49.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on MAAS Group Holdings and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAAS Group Holdings's current Operating Margin % is 8.78%, which is 21% below median its own 10-year median of 11.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAAS Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, MAAS Group Holdings (ASX:MGH) is currently considered Fairly Valued. The stock's GF Value™ is A$5.61, compared to a current price of A$5.31 — trading 5.3% below its estimated fair value. The current Operating Margin % is 8.78%, which is 21% below median its 10-year median of 11.16 and 49.1% above the Construction industry median of 5.89. MAAS Group Holdings' overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For MAAS Group Holdings (ASX:MGH), the current Operating Margin % is 8.78% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MAAS Group Holdings (ASX:MGH) Overvalued in 2026?

Based on GuruFocus' analysis, MAAS Group Holdings stock appears to be undervalued. The current stock price of A$5.31 is trading 5.3% below its estimated GF Value™ of A$5.61. GuruFocus considers MAAS Group Holdings to be Fairly Valued.

Key valuation signals for ASX:MGH:

  • Operating Margin %: 8.78% (21% below median its 10-year median of 11.16)
  • GF Value™: A$5.61 vs. price of A$5.31 (5.3% below fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 49.1% above the Construction median (#513 of 1767)

No single metric tells the full story. See the ASX:MGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MAAS Group Holdings Business Description

Address 20L Sheraton Road, Dubbo, NSW, AUS, 2830
MAAS Group Holdings Ltd is an industrial service and real estate business with exposure across the property, civil, infrastructure, renewable energy, and mining sectors. The company's operating segments include Construction Materials; Residential Real Estate; Civil, Construction and Hire; Commercial Real Estate; Manufacturing; and Others. It generates maximum revenue from the Construction Materials segment which provides various services like supply of quarry materials to construction projects, mobile crushing and screening for quarries, civil works and mining, geotechnical services, asphalt services, and quarry excavation services. Geographically, the company's customers are located across Australia, Vietnam, Indonesia, Mongolia, Papua New Guinea, and New Zealand.
64GF Score

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$5.31
Price
A$5.61
GF Value