MAAS Group HoldingsASX:MGH -0.38%64 ROE % is 8.48% as of Dec. 2025, which is 30% below its 10-year median of 12.17. 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 1,743 Construction companies, MAAS Group Holdings ranks better than 58.58% on this metric.
The historical rank and industry rank for MAAS Group Holdings's ROE % or its related term are showing as below:
ASX:MGH'
s ROE % Range Over the Past 10 Years
Min: 9.01 Med: 12.17 Max: 17.33
Current: 9.01
During the past 6 years, MAAS Group Holdings's highest ROE % was 17.33%. The lowest was 9.01%. And the median was 12.17%.
ASX:MGH's ROE % is ranked better than 58.58% of 1743
companies
in the Construction industry
Industry Median: 6.69
vs ASX:MGH: 9.01
MAAS Group Holdings (ASX:MGH) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
MAAS Group Holdings ROE % Related Terms
MAAS Group Holdings ROE % Historical Data
* Premium members only.
The historical data trend for MAAS Group Holdings's ROE % 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.
For the Engineering & Construction subindustry, MAAS Group Holdings's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Construction Industry
For the Construction industry and Industrials sector, MAAS Group Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where MAAS Group Holdings's ROE % falls into.
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
MAAS Group Holdings (ASX:MGH) has a ROE % of 8.48% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on MAAS Group Holdings and its competitors. This is 30% below median its historical median of 12.17. Over the past decade, MAAS Group Holdings' ROE % has ranged from 9.01 to 17.33. According to the industry distribution chart, MAAS Group Holdings ranks #722 out of 1743 companies in the Construction industry, placing it in the top 41.4%.
Is MAAS Group Holdings' ROE % too high?
MAAS Group Holdings' current ROE % of 8.48% is 30% below median its 10-year median of 12.17. Over the past 10 years, this metric has ranged from a low of 9.01 to a high of 17.33. The Construction industry median ROE % is 6.69. MAAS Group Holdings' value of 8.48% is 26.8% above this industry median. Based on the distribution chart, MAAS Group Holdings ranks #722 out of 1743 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' ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, MAAS Group Holdings ranks #722 out of 1743 companies for ROE %. This puts MAAS Group Holdings in the upper half of its industry. The industry median ROE % is 6.69. MAAS Group Holdings' value of 8.48% is 26.8% above this benchmark. Historically, MAAS Group Holdings' own ROE % has ranged from 9.01 to 17.33 over the past decade. While the company's 10-year median is 12.17 vs. the industry median of 6.69, 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 ROE % for a Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MAAS Group Holdings's current ROE % of 8.48% is 26.8% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on MAAS Group Holdings and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAAS Group Holdings's current ROE % is 8.48%, which is 30% below median its own 10-year median of 12.17. 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$5.29 — trading 5.7% below its estimated fair value. The current ROE % is 8.48%, which is 30% below median its 10-year median of 12.17 and 26.8% above the Construction industry median of 6.69. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For MAAS Group Holdings (ASX:MGH), the current ROE % is 8.48% 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$5.29 is trading 5.7% below its estimated GF Value™ of A$5.61.
GuruFocus considers MAAS Group Holdings to be Fairly Valued.
Key valuation signals for ASX:MGH:
ROE %: 8.48% (30% below median its 10-year median of 12.17)
GF Value™: A$5.61 vs. price of A$5.29 (5.7% below fair value)
Industry Position: 26.8% above the Construction median (#722 of 1743)
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 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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