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Macmahon Holdings Limited engages in the process of surface mining, underground mining and mining support, and civil infrastructure services to mining companies in Australia and Southeast Asia. The company operates in four segments: Surface Mining, Underground Mining, International Mining, and Civil Infrastructure. It offers surface mining services, such as bulk and selective mining, mine planning and analysis, drill and blast, crushing and screening, fixed plant maintenance, water management, equipment operation and maintenance, technology, safety solutions; and underground mining services, including mine development and production, raise and production drilling, cable bolting, shotcreting, remote shaft lining, paste fill, shaft sinking and fit out; and engineering services, including shaft lining and maintenance, ore pass liners, winder refurbishment, conveying, crushing, materials handling, emergency egress systems, pump stations and rising mains, and site workshops and infrastructure. It provides mining support services comprising topsoil and overburden stripping, bulk earthworks, road design and construction, mine infrastructure and services, and train loading facilities; tailings storage facilities, camps and remote village accommodation, bridgeworks, rail and airport infrastructure, site infrastructure including workshops, buildings and site facilities, balance of plant works for renewable energy projects, including solar, wind, and battery installations; water infrastructure, such as dams, creek diversions, flood levies, and drainage structures; and revegetation, non-process infrastructure, and rehabilitation monitoring and maintenance. In addition, the company offers advisory and operational improvement solutions, which includes operator coaching and skills development, cultural change programs, and mental health program. The company was incorporated in 1963 and is headquartered in Perth, Australia.
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Macmahon Holdings is an Australian contract miner and civil engineering services provider delivering open-pit and underground mining, site services and project work to resource companies domestically and in selected overseas markets. Long-term growth drivers include demand for outsourced mining services tied to commodity cycles, contract awards and renewals, and modest geographical expansion; investors may view its specialist capabilities and multi-year contracts as sources of recurring revenue.
Principal risks comprise mining-sector cyclicality, client concentration and counterparty exposure, execution and fixed-price contract risk on complex projects, and operational and regulatory risks in international jurisdictions.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Income before tax | 145.79M | 109.25M | 74.89M | 82.41M | 46.15M |
| Net income | 101.14M | 73.94M | 53.23M | 57.67M | 27.40M |
| Selling general administrative | 1352.05M | 1319.15M | 1118.98M | 926.88M | 819.02M |
| Selling and marketing expenses | - | 30.56M | -12.66M | 27.71M | 21.13M |
| Gross profit | 567.37M | 1803.87M | 1553.22M | 1313.71M | 1181.45M |
| Reconciled depreciation | 209.55M | 221.94M | 211.79M | 197.15M | 197.87M |
| Ebit | 182.80M | 137.40M | 94.39M | 94.14M | 51.30M |
| Ebitda | 392.35M | 359.34M | 306.18M | 291.29M | 249.16M |
| Depreciation and amortization | 209.55M | 221.94M | 211.79M | 197.15M | 197.87M |
| Operating income | 182.80M | 152.81M | 99.24M | 105.98M | 84.83M |
| Other operating expenses | 2436.44M | 2274.64M | 1929.61M | 1802.18M | 1635.22M |
| Interest expense | 33.10M | 36.09M | 28.51M | 12.64M | 7.55M |
| Tax provision | 44.66M | 35.31M | 21.66M | 24.74M | 18.75M |
| Interest income | 2.49M | 2.38M | 1.74M | 21.26M | 16.45M |
| Net interest income | -30.61M | -33.71M | -26.77M | -24.31M | -19.05M |
| Income tax expense | 44.66M | 35.31M | 21.66M | 24.74M | 18.75M |
| Total revenue | 2619.24M | 2427.46M | 2031.26M | 1906.15M | 1698.05M |
| Total operating expenses | 384.57M | 1651.05M | 1451.56M | 1211.46M | 1097.67M |
| Cost of revenue | 2051.87M | 623.59M | 478.04M | 592.44M | 516.60M |
| Total other income expense net | -37.01M | -43.56M | -26.77M | 4.47M | -18.59M |
| Net income from continuing ops | 101.14M | 73.94M | 53.23M | 57.67M | 27.40M |
| Net income applicable to common shares | - | 73.94M | 53.23M | 57.67M | 27.40M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Total assets | 1759.47M | 1760.59M | 1451.35M | 1464.71M | 1338.28M |
| Intangible assets | 15.71M | 21.33M | 1.57M | 1.75M | 7.18M |
| Other current assets | 16.67M | - | 7.64M | 204.53M | 201.85M |
| Total liab | 1019.36M | 1068.25M | 817.84M | 855.87M | 778.78M |
| Total stockholder equity | 740.11M | 692.34M | 633.51M | 608.85M | 559.50M |
| Other current liab | 380.92M | - | 301.03M | 385.88M | 0.62M |
| Common stock | 563.12M | - | 563.12M | 563.12M | 563.12M |
| Capital stock | 563.12M | 563.12M | 563.12M | 563.12M | 563.12M |
| Retained earnings | 384.19M | 132.00M | 275.24M | 47.36M | 2.28M |
| Other liab | - | - | - | - | 6.10M |
| Good will | 40.31M | 40.31M | 8.81M | 8.81M | 8.81M |
| Other assets | - | - | 0.00M | 24.52M | 58.46M |
| Cash | 309.65M | 263.89M | 194.58M | 218.16M | 197.96M |
| Total current liabilities | 653.42M | 719.73M | 558.18M | 543.42M | 471.51M |
| Current deferred revenue | 3.56M | - | 14.51M | -121.86M | 247.46M |
| Net debt | 111.08M | 39.75M | 146.59M | 201.95M | 215.51M |
| Short term debt | 61.30M | - | 104.14M | 121.86M | 112.30M |
| Short long term debt | 22.06M | 18.43M | 43.43M | 37.62M | 30.99M |
| Short long term debt total | 420.74M | - | 341.17M | 420.11M | 413.47M |
| Other stockholder equity | - | - | - | -610.48M | -565.40M |
| Property plant equipment | - | - | - | 720.06M | 672.58M |
| Total current assets | 849.40M | 835.23M | 699.90M | 653.46M | 590.77M |
| Long term investments | 53.07M | 52.97M | 1.07M | 9.27M | 0.48M |
| Net tangible assets | - | - | - | - | 543.51M |
| Net receivables | 412.71M | 79.91M | 392.26M | 116.93M | 89.97M |
| Long term debt | 303.90M | 285.21M | 149.48M | 184.40M | 143.32M |
| Inventory | 110.36M | 104.17M | 105.43M | 92.25M | 89.95M |
| Accounts payable | 207.63M | 226.42M | 138.50M | 157.54M | 111.14M |
| Accumulated other comprehensive income | -207.20M | - | -204.84M | -1.63M | -5.90M |
| Non currrent assets other | 5.93M | - | -0.00M | 46.85M | 22.96M |
| Non current assets total | 910.07M | 925.37M | 751.45M | 811.26M | 747.50M |
| Capital lease obligations | 94.78M | 122.70M | 148.25M | 198.09M | 239.16M |
| Long term debt total | - | - | - | 298.25M | 301.17M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Investments | - | -228.99M | -142.41M | -193.14M | -170.52M |
| Change to liabilities | - | - | - | 0.00M | 65.16M |
| Total cashflows from investing activities | -141.35M | -228.99M | -142.41M | -193.14M | -170.52M |
| Net borrowings | 0.76M | 64.92M | -49.94M | - | -31.50M |
| Total cash from financing activities | -103.01M | -37.16M | -151.07M | -55.20M | -45.47M |
| Change to operating activities | - | - | - | - | 18.74M |
| Net income | 101.14M | 73.94M | 53.23M | 57.67M | 27.40M |
| Change in cash | 45.76M | 69.31M | -23.58M | 20.20M | 15.88M |
| Begin period cash flow | 263.89M | 194.58M | 218.16M | 197.96M | 182.08M |
| End period cash flow | 309.65M | 263.89M | 194.58M | 218.16M | 197.96M |
| Total cash from operating activities | 300.76M | 334.00M | 270.82M | 266.85M | 227.91M |
| Depreciation | 209.55M | - | 211.79M | 196.83M | 197.63M |
| Other cashflows from investing activities | - | 12.62M | 7.58M | 0.12M | -7.61M |
| Dividends paid | 40.72M | -24.55M | -19.22M | 13.81M | 13.65M |
| Change to inventory | -6.45M | 0.03M | -8.42M | -2.29M | -24.90M |
| Change to account receivables | 6.06M | -14.68M | -90.64M | -60.42M | -77.83M |
| Sale purchase of stock | - | -2.76M | 0.00M | -0.19M | -0.32M |
| Other cashflows from financing activities | -63.05M | -74.77M | -81.91M | -85.44M | -83.08M |
| Change to netincome | - | - | - | - | 21.47M |
| Capital expenditures | 145.17M | 178.54M | 150.03M | 193.26M | 162.91M |
| Change in working capital | -9.58M | 23.53M | -42.84M | -62.71M | -102.72M |
| Stock based compensation | - | - | 2.70M | 1.98M | 0.10M |
| Other non cash items | -0.34M | 310.47M | 48.65M | 12.36M | 2.88M |
| Free cash flow | 155.59M | 155.47M | 120.78M | 73.60M | 65.00M |
Sector: Basic Materials Industry: Other Industrial Metals & Mining
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MAH Macmahon Holdings Ltd |
-0.05 5.10% |
0.93 | 19.60 | 16.10 | 0.81 | 2.82 | 0.84 | 5.76 |
| BHP BHP Group Ltd |
-1.38 2.34% |
57.62 | 20.70 | 15.82 | 5.10 | 4.00 | 3.51 | 6.71 |
| RIO Rio Tinto Ltd |
-3.11 2.03% |
149.93 | 14.04 | 12.02 | 4.03 | 2.49 | 2.85 | 6.74 |
| GLC Glencore Plc |
-0.52 5.20% |
9.48 | 15.15 | 11.30 | 0.38 | 1.95 | 0.40 | 7.60 |
| FMG Fortescue Ltd |
-0.31 2.00% |
15.18 | 11.31 | 13.61 | 2.81 | 1.51 | 1.87 | 4.32 |
Macmahon Holdings Limited engages in the process of surface mining, underground mining and mining support, and civil infrastructure services to mining companies in Australia and Southeast Asia. The company operates in four segments: Surface Mining, Underground Mining, International Mining, and Civil Infrastructure. It offers surface mining services, such as bulk and selective mining, mine planning and analysis, drill and blast, crushing and screening, fixed plant maintenance, water management, equipment operation and maintenance, technology, safety solutions; and underground mining services, including mine development and production, raise and production drilling, cable bolting, shotcreting, remote shaft lining, paste fill, shaft sinking and fit out; and engineering services, including shaft lining and maintenance, ore pass liners, winder refurbishment, conveying, crushing, materials handling, emergency egress systems, pump stations and rising mains, and site workshops and infrastructure. It provides mining support services comprising topsoil and overburden stripping, bulk earthworks, road design and construction, mine infrastructure and services, and train loading facilities; tailings storage facilities, camps and remote village accommodation, bridgeworks, rail and airport infrastructure, site infrastructure including workshops, buildings and site facilities, balance of plant works for renewable energy projects, including solar, wind, and battery installations; water infrastructure, such as dams, creek diversions, flood levies, and drainage structures; and revegetation, non-process infrastructure, and rehabilitation monitoring and maintenance. In addition, the company offers advisory and operational improvement solutions, which includes operator coaching and skills development, cultural change programs, and mental health program. The company was incorporated in 1963 and is headquartered in Perth, Australia.
| Name | Title | Year Born |
|---|---|---|
| Mr. Michael John Finnegan | CEO, MD & Director | 1975 |
| Ms. Ursula Lummis | Chief Financial Officer | NA |
| Mr. Richard McLeod | Chief Operating Officer | NA |
| Mr. Peter Pollard | Exec. Officer | NA |
| Mr. Donald James | Chief Commercial Officer | NA |
| Chris Chong | Gen. Mang. of Investor Relations & Strategy | NA |
| Ms. Maha Chaar | Gen. Counsel | NA |
| Ms. Nicola Hamilton | Exec. Gen. Mang. of People | NA |
| Ms. Sophie Jane Raven LLB, M.A.I.C.D. | Company Sec. | NA |
| Mr. Michael John Finnegan | CEO, COO, MD & Director | 1975 |
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