MAAS Group Holdings Limited (ASX:MGH) just released its latest half-year report and things are not looking great. Results look to have been somewhat negative - revenue fell 6.2% short of analyst estimates at AU$474m, and statutory earnings of AU$0.093 per share missed forecasts by 5.2%. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on MAAS Group Holdings after the latest results.

See our latest analysis for MAAS Group Holdings

Taking into account the latest results, the current consensus from MAAS Group Holdings' six analysts is for revenues of AU$1.01b in 2025. This would reflect a decent 10% increase on its revenue over the past 12 months. Per-share earnings are expected to jump 26% to AU$0.25. Yet prior to the latest earnings, the analysts had been anticipated revenues of AU$1.08b and earnings per share (EPS) of AU$0.28 in 2025. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a substantial drop in earnings per share estimates.

The consensus price target fell 10% to AU$5.02, with the weaker earnings outlook clearly leading valuation estimates. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic MAAS Group Holdings analyst has a price target of AU$6.01 per share, while the most pessimistic values it at AU$4.75. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We can infer from the latest estimates that forecasts expect a continuation of MAAS Group Holdings'historical trends, as the 22% annualised revenue growth to the end of 2025 is roughly in line with the 27% annual growth over the past three years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 6.4% annually. So although MAAS Group Holdings is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for MAAS Group Holdings. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

With that in mind, we wouldn't be too quick to come to a conclusion on MAAS Group Holdings. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for MAAS Group Holdings going out to 2027, and you can see them free on our platform here..

You should always think about risks though. Case in point, we've spotted 2 warning signs for MAAS Group Holdings you should be aware of, and 1 of them makes us a bit uncomfortable.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.