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Macquarie Telecom Group Limited
(Sydney:MAQ)
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Rating:60Neutral
Price Target:
AU$46.00
▼(-24.03% Downside)
Action:Reiterated
Date:10/16/26
The score is primarily supported by improving fundamentals—especially the much stronger balance sheet from sharp debt reduction and solid profitability. This is tempered by the major cash-flow risk from sharply negative FY2026 free cash flow and weak technicals, with the stock in a pronounced downtrend despite oversold signals. Valuation is also a headwind given the elevated P/E and no provided dividend yield.
Positive Factors
Deleveraging
The sharp reduction in debt materially improves financial flexibility and lowers balance-sheet risk. A less leveraged structure should give Macquarie Telecom greater capacity to fund infrastructure, withstand operating volatility, and pursue growth without relying as heavily on refinancing or additional borrowing.
Negative Factors
Negative free cash flow
The sharp free-cash-flow deterioration shows that substantial investment or working-capital demands are currently absorbing internally generated funds. Even with positive operating cash flow, persistent volatility could constrain investment flexibility and weaken confidence in near-term cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Deleveraging
The sharp reduction in debt materially improves financial flexibility and lowers balance-sheet risk. A less leveraged structure should give Macquarie Telecom greater capacity to fund infrastructure, withstand operating volatility, and pursue growth without relying as heavily on refinancing or additional borrowing.
Read all positive factors
Macquarie Telecom Group Limited (MAQ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$1.26B
Dividend Yield3.36%
Average Volume (3M)50.50K
Price to Earnings (P/E)40.2
Beta (1Y)1.16
Revenue Growth5.50%
EPS Growth-7.85%
CountryAU
Employees449
SectorTechnology
Sector Strength88
IndustryTelecommunications Services
Share Statistics
EPS (TTM)1.24
Shares Outstanding25,773,731
10 Day Avg. Volume51,296
30 Day Avg. Volume50,499
Financial Highlights & Ratios
PEG Ratio-8.35
Price to Book (P/B)2.91
Price to Sales (P/S)4.63
P/FCF Ratio-12.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$79.03Price Target Upside30.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.83
Revenue Forecast (FY)AU$408.29M
Macquarie Telecom Group Limited Business Overview & Revenue Model
Company Description
Headquartered in Sydney, Australia, and established in 1992, Macquarie Technology Group Limited delivers an extensive array of digital services to corporate and governmental clients across the nation. This Australian firm specializes in telecommun...
How the Company Makes Money
Macquarie Telecom Group makes money primarily by selling recurring service contracts and usage-based services across telecommunications, cloud/managed services, and data centre infrastructure.
1) Telecommunications services (Macquarie Telecom): R...
Macquarie Telecom Group Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
86
Very Positive
Cash Flow
52
Neutral
| Breakdown | Jun 2026 | Jun 2025 | Jun 2023 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 389.98M | 369.65M | 345.06M | 309.31M | 265.52M |
| Gross Profit | 115.73M | 153.51M | 89.94M | 61.03M | 56.24M |
| EBITDA | 115.89M | 113.61M | 103.09M | 88.36M | 41.38M |
| Net Income | 32.12M | 34.85M | 17.69M | 8.46M | 13.54M |
Balance Sheet | |||||
| Total Assets | 906.33M | 729.79M | 541.49M | 520.70M | 350.22M |
| Cash, Cash Equivalents and Short-Term Investments | 4.91M | 62.36M | 58.51M | 2.95M | 37.89M |
| Total Debt | 36.01M | 128.88M | 132.86M | 251.83M | 123.78M |
| Total Liabilities | 286.31M | 242.79M | 222.51M | 375.02M | 228.08M |
| Stockholders Equity | 620.01M | 487.00M | 318.98M | 145.68M | 122.14M |
Cash Flow | |||||
| Free Cash Flow | -141.61M | -17.30M | 30.34M | -6.52M | -22.40M |
| Operating Cash Flow | 84.06M | 109.92M | 96.13M | 88.88M | 41.74M |
| Investing Cash Flow | -181.08M | -108.58M | -111.80M | -95.40M | -64.14M |
| Financing Cash Flow | 95.73M | -25.11M | 12.45M | -10.33M | 43.23M |
Macquarie Telecom Group Limited Technical Analysis
Neutral
60.55
Price Trends
52.57
Negative
59.63
Negative
63.95
Negative
Market Momentum
-1.87
Negative
48.59
Neutral
73.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MAQ, the sentiment is Neutral. The current price of 60.55 is above the 20-day moving average (MA) of 48.70, above the 50-day MA of 52.57, and below the 200-day MA of 63.95, indicating a neutral trend. The MACD of -1.87 indicates Negative momentum. The RSI at 48.59 is Neutral, neither overbought nor oversold. The STOCH value of 73.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:MAQ.
Macquarie Telecom Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | AU$1.27B | 36.29 | 5.50% | 1.44% | 9.12% | 7.51% | |
64 Neutral | AU$1.39B | 79.62 | 4.27% | 0.21% | 21.56% | 1694.74% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | AU$1.26B | 40.22 | 5.72% | 3.36% | 5.50% | -7.85% | |
59 Neutral | AU$53.81B | 24.51 | 17.30% | 4.32% | -0.81% | 5.46% | |
58 Neutral | AU$7.42B | 72.11 | 1.20% | 47.62% | -4.55% | ― | |
45 Neutral | AU$14.79M | -1.33 | -38.68% | 15.38% | 14.07% | -27.46% |
* Technology Sector Average
AU:MAQ
Macquarie Telecom Group Limited
49.02
-17.22
-26.00%
AU:5GN
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0.06
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0.03
0.75%
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4.86
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4.61%
AU:SLC
Superloop Ltd.
2.69
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-13.50%
AU:ABB
Aussie Broadband Ltd.
4.18
-1.65
-28.30%
Macquarie Telecom Group Limited Corporate Events
Viburnum Exits Substantial Holder Status in Macquarie Technology Group
Aug 31, 2026
Viburnum Funds Pty Ltd has disclosed that it has ceased to be a substantial shareholder in Macquarie Technology Group Limited as of 27 August 2026. The change follows a series of on-market trades in MAQ ordinary shares over 2025 and 2026, culminat...
Macquarie Technology Group Extends EBITDA Growth as Data Centre Investment Weighs on EPS
Aug 26, 2026
Macquarie Technology Group reported full-year 2026 revenue of $390.0 million, up 6% on the prior year, with EBITDA rising 2% to $115.9 million, marking twelve consecutive years of EBITDA growth. Despite an EBITDA CAGR of 4.0% over the last three y...
Macquarie Technology extends EBITDA growth streak as it accelerates sovereign data centre expansion
Aug 26, 2026
Macquarie Technology Group reported its twelfth consecutive year of EBITDA growth, with FY26 EBITDA rising 2.0% to $115.9 million and 95% of revenue derived from contracted recurring revenue, underscoring the resilience of its infrastructure-led m...
Macquarie Technology Group lifts revenue but profit slips as asset base strengthens
Aug 26, 2026
Macquarie Technology Group Limited reported a 5.5% increase in revenue from ordinary activities to $389.98 million for the year ended 30 June 2026, up from $369.65 million in 2025. Despite the top-line growth, profit from ordinary activities after...
Macquarie Technology Group Completes Land Deal for New Engineering and Technology Campus
Aug 6, 2026
Macquarie Technology Group Limited has completed the acquisition of a parcel of land in Macquarie Park for its planned Macquarie Engineering and Technology Campus. The new site is expected to underpin future infrastructure growth for its data cent...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.