MAAS Group Holdings (ASX:MGH) ROA %: 3.81% (As of Dec. 2025) — 31% Below Median


ASX:MGH MAAS Group Holdings Ltd ASX:MGH
63 GF Score
Price A$5.20
GF Value A$5.61
Valuation Fairly Valued
! 7 Warning Signs
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What is MAAS Group Holdings ROA %?

MAAS Group Holdings ASX:MGH -1.70% 63 ROA % is 3.81% as of Dec. 2025, which is 31% below its 10-year median of 5.51. GuruFocus rates ASX:MGH with a GF Score™ of 63/100 and a GF Value™ of A$5.61 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,782 Construction companies, MAAS Group Holdings ranks better than 60.33% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. MAAS Group Holdings's annualized Net Income for the quarter that ended in Dec. 2025 was A$76 Mil. MAAS Group Holdings's average Total Assets over the quarter that ended in Dec. 2025 was A$1,991 Mil. Therefore, MAAS Group Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was 3.81%.

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

ASX:MGH' s ROA % Range Over the Past 10 Years
Min: 4.02   Med: 5.51   Max: 8.57
Current: 4.18

During the past 6 years, MAAS Group Holdings's highest ROA % was 8.57%. The lowest was 4.02%. And the median was 5.51%.

ASX:MGH's ROA % is ranked better than
60.33% of 1782 companies
in the Construction industry
Industry Median: 2.79 vs ASX:MGH: 4.18

MAAS Group Holdings  (ASX:MGH) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=75.856/1991.2975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(75.856 / 1270.506)*(1270.506 / 1991.2975)
=Net Margin %*Asset Turnover
=5.97 %*0.638
=3.81 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


MAAS Group Holdings ROA % Related Terms


MAAS Group Holdings ROA % Historical Data

* Premium members only.

The historical data trend for MAAS Group Holdings's ROA % 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 ROA % Chart

MAAS Group Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROA %
Get a 7-Day Free Trial 7.90 8.57 5.51 4.81 4.02

MAAS Group Holdings Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.62 5.09 3.86 4.45 3.81

ASX:MGH vs PWR, FIX, EME: ROA % Comparison

For the Engineering & Construction subindustry, MAAS Group Holdings's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Construction Industry

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

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


ASX:MGH
63GF Score
MAAS Group Holdings Ltd ASX:MGH
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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MAAS Group Holdings ROA % Calculation

MAAS Group Holdings's annualized ROA % for the fiscal year that ended in Jun. 2025 is calculated as:

ROA %=Net Income (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=71.963/( (1589.415+1992.479)/ 2 )
=71.963/1790.947
=4.02 %

MAAS Group Holdings's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=75.856/( (1992.479+1990.116)/ 2 )
=75.856/1991.2975
=3.81 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 3.81% mean?
MAAS Group Holdings (ASX:MGH) has a ROA % of 3.81% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on MAAS Group Holdings and its competitors. This is 31% below median its historical median of 5.51. Over the past decade, MAAS Group Holdings' ROA % has ranged from 4.02 to 8.57. According to the industry distribution chart, MAAS Group Holdings ranks #707 out of 1782 companies in the Construction industry, placing it in the top 39.7%.
Is MAAS Group Holdings' ROA % too high?
MAAS Group Holdings' current ROA % of 3.81% is 31% below median its 10-year median of 5.51. Over the past 10 years, this metric has ranged from a low of 4.02 to a high of 8.57. The Construction industry median ROA % is 2.79. MAAS Group Holdings' value of 3.81% is 36.6% above this industry median. Based on the distribution chart, MAAS Group Holdings ranks #707 out of 1782 companies in the Construction industry, which is above the industry midpoint. Overall, MAAS Group Holdings has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MAAS Group Holdings' ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, MAAS Group Holdings ranks #707 out of 1782 companies for ROA %. This puts MAAS Group Holdings in the upper half of its industry. The industry median ROA % is 2.79. MAAS Group Holdings' value of 3.81% is 36.6% above this benchmark. Historically, MAAS Group Holdings' own ROA % has ranged from 4.02 to 8.57 over the past decade. While the company's 10-year median is 5.51 vs. the industry median of 2.79, 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 ROA % for a Construction company?
The median ROA % among Construction companies is 2.79, based on 1,782 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MAAS Group Holdings's current ROA % of 3.81% is 36.6% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on MAAS Group Holdings and its competitors. For the Construction industry, the median ROA % is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAAS Group Holdings's current ROA % is 3.81%, which is 31% below median its own 10-year median of 5.51. 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$5.20 — trading 7.3% below its estimated fair value. The current ROA % is 3.81%, which is 31% below median its 10-year median of 5.51 and 36.6% above the Construction industry median of 2.79. MAAS Group Holdings' overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For MAAS Group Holdings (ASX:MGH), the current ROA % is 3.81% 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$5.20 is trading 7.3% below its estimated GF Value™ of A$5.61. GuruFocus considers MAAS Group Holdings to be Fairly Valued.

Key valuation signals for ASX:MGH:

  • ROA %: 3.81% (31% below median its 10-year median of 5.51)
  • GF Value™: A$5.61 vs. price of A$5.20 (7.3% below fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 36.6% above the Construction median (#707 of 1782)

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.
63GF Score

Get the complete analysis for ASX:MGH

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

A$5.20
Price
A$5.61
GF Value