MA Financial Group Ltd (MAF) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of MA Financial Group Ltd stock A$2.47, price A$5.00, that is 50.6% below the price, quality 42 out of 100. Rating: strongly overvalued. Calculated from audited financials with 12 of our 26 valuation models and 37 quality factors, updated daily.
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MA Financial Group Ltd
MAF · AUOur calculation puts a fair price 51% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range A$3.24 – A$11.16 · fair‑value band A$1.36 – A$3.47 · the A$5.00 price screens above the A$2.47 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
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Company profile
MA Financial Group Limited, together with its subsidiaries, provides various financial services in Australia. It operates through Asset Management, Lending & Technology, and Corporate Advisory & Equities segments.
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The company operates as an asset manager specializing in private credit, real estate, and private equity and venture capital; and manages traditional asset classes, including equities, bonds, and cash for wholesale, retail, and institutional investors.
It also offers lending platforms for the provision of loan funding, real estate mortgages, and financial technology comprising mortgage aggregation services.
In addition, the company provides financial advice for mergers and acquisitions and strategic advisory, equity and debt capital markets, capital structure advisory, and equities research and trading; and corporate advice, underwriting, and institutional stockbroking services, as well as specialised services in real estate, credit and restructuring, resources technology, and small to mid-cap industrial companies.
MA Financial Group Limited was founded in 2009 and is headquartered in Sydney, Australia.
Stock analysis
MA Financial Group Ltd (MAF) currently trades at A$5.00, while our model-based Fair Value estimate is A$2.47, 51% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of A$11.96 per share, and 4 of the 12 models we run sit above the A$5.00 price.
Bear case: the Asset-Based group reads lowest at A$0.7800, and 8 of the 12 models stay below the price. Data coverage for this calculation is high.
Scenario range: A$1.36 (bear) to A$3.47 (bull), the price of A$5.00 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 42/100 (below-average quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
MA Financial Group Ltd reported revenue of A$1.8B in FY2025 versus A$242M in FY2021, a compound +64.9%/yr. Reported net income was A$10.4M in FY2025, compounding −24.5%/yr from FY2021.
Key figures
Market cap A$943M (≈ $648M) Small · P/E ratio 45.5 · P/S ratio 0.58 · EPS (TTM) A$0.1100 · Dividend yield 4.4% · Net margin 1.2% · Return on equity 4.8% · Return on assets (EBIT) 8.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 55% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −16% fair-value upside, at −51%, MAF screens richer than that median.
Fair Value models
All 12 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
MAF screens overvalued: fair value 51% below the price. Compare with Blackstone Inc →
Compare MA Financial Group Ltd with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Asset Management · 588 stocks
Valuation Multiplesvs Asset Management median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- EBIT margin by industry
- P/S ratio by industry
- Piotroski F-Score screener with fair value
- Valuation of the Australia market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Asset Management stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Exor N.V EXO | €73.35 | €139.37 | +90% | vs MAF |
| Raymond James Financial, Inc RJF | $162.81 | $281.42 | +73% | vs MAF |
| Apollo Global Management, Inc APO | $116.75 | $197.52 | +69% | vs MAF |
| Ameriprise Financial, Inc AMP | $501.49 | $609.56 | +22% | vs MAF |
| State Street Corporation STT | $165.56 | $139.37 | −16% | vs MAF |
| Ares Management Corporation ARES | $133.98 | $99.35 | −26% | vs MAF |
| Northern Trust Corporation NTRS | $172.76 | $123.42 | −29% | vs MAF |
| Brookfield Asset Management Ltd BAM | $52.95 | $31.26 | −41% | vs MAF |
| Blackstone Inc BX | $119.50 | $52.29 | −56% | vs MAF |
| KKR & Co KKR | $96.48 | $27.32 | −72% | vs MAF |
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Key figures of MA Financial Group Ltd
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