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← CockpitCompetitor Analysis › MAQ.AX Macquarie Technology Group LimitedOpen in the cockpit ↗

Macquarie Technology Group LimitedMAQ.AXCompetitor analysis, valuation and peers

Australia · AUD·Communication Services›Specialty Telecommunications
Momentum laggard 17
Mkt cap
$890M
US dollars, full cap
Free float
49%
of shares outstanding
$/day
$2.27M
20-day average traded
Fwd P/E
58.2×
forward earnings
ROIC−WACC
-2.6 pp
WACC 8.8%
Hurdle
n/a
no reverse DCF
Next earnings
109 days
23 Feb 2027
Close · AUDA$49.86
1D-5.2%
1W-0.4%
1M-2.2%
3M-20.3%
6M-34.0%
YTD-25.0%
1Y-24.0%
ATR %5.0%
52w lowhigh36.7% off high

What Macquarie Technology does

Employees: 475

Macquarie Technology at a glance

Size Macquarie Technology (MAQ.AX) is an Australia Communication Services company (Specialty Telecommunications) with a market value of $890M, the 195th largest of 316 Australia companies the cockpit tracks. Shares closed at A$49.86 on 6 Nov 2026.

Performance Over six months the shares fell 34.0%, against -13.2% for the median peer and +4.1% for the Australia market (cap-weighted) — lowest of 20 in its peer set.

Growth Revenue grew 5.5% over the last twelve months (peer median +5.1%); the operating margin is 14.9% (peer median 6.8%).

Valuation It trades at 58.2× forward earnings against a peer median of 19.7× (2nd most expensive of 12).

Capital Return on invested capital runs 2.6 points below its cost of capital (8.8% WACC).

Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 87MAQ.AX 65
Six months, rebased to 100: Macquarie Technology against the median of its 19 peers (local-currency closes).

Macquarie Technology financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$390MA$390MA$370MA$363MA$345M
Revenue growth—+6%+2%+5%—
Gross profitA$116MA$116MA$110MA$103MA$89.9M
EBITDAA$116MA$116MA$114MA$109MA$103M
Net incomeA$32.1MA$32.1MA$34.9MA$33.0MA$17.7M
Free cash flow-A$142M-A$142M-A$31.5M-A$27.3MA$39.1M
Capital expenditureA$237MA$237MA$137MA$146MA$65.8M
Total debtn/aA$36.0MA$36.0MA$38.6MA$133M

Quarterly statements and history in the cockpit →

Macquarie Technology competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+50%+100%0%+50%+100%+150%CBF002467TTMLABBITRN6561301313TSAT093320CC3300612FNTNMAQ.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Macquarie Technology is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%25×50×75×CBFABBITRN65613013131883093320CC39418HTWSFNTNMAQ.AXRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Macquarie Technology is the large dot.

Macquarie Technology competitors and peer comparison

How Macquarie Technology compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Macquarie Technology against its 19 peers (data as of 6 Nov 2026)
MeasureMAQ.AXPeer medianRank in peer set
1-month return-2.2%+1.0%8th lowest of 20
6-month return-34.0%-13.2%lowest of 20
Distance from 52-week high-36.7%-27.1%5th lowest of 20
Revenue growth (TTM)+5.5%+5.1%10th highest of 20
Operating margin14.9%6.8%7th highest of 19
Forward P/E58.2×19.7×2nd most expensive of 12
ROIC minus cost of capital-2.6 pp+0.9 pp7th lowest of 19
EV / EBITDA11.4×9.4×5th most expensive of 12
Net debt / EBITDA0.3×1.1×3rd least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Macquarie Technology MAQ.AXAustralia$890M-34%+6%15%58.2×n/an/a
cyber_Folks CBF.WAPoland$899M+8%+27%n/a40.2×n/an/a
Net263 002467.SZChina$939M-33%+14%-29%n/an/an/a
Tata Teleservices (Maharashtra) TTML.NSIndia$824M-11%-1%44%n/a22.7%+2.1%
Aussie Broadband ABB.AXAustralia$968M-13%+9%7%14.7×13.1%+29.9%
Ituran Location and Control ITRNUnited States$987M-18%+16%22%12.9×-3.4%+7.9%
Chief Telecom 6561.TWOTaiwan$796M+2%-1%39%19.7×-0.7%+9.0%
Guangzhou Frontop Digital Creative Technology 301313.SZChina$1.02B+90%+1%-31%93.0×n/an/a
Guomai Technologies 002093.SZChina$1.08B-14%+3%24%n/a11.7%+6.5%
CITIC Telecom International 1883.HKHong Kong$1.14B-14%0%12%9.2×-10.5%+1.4%
Telesat TSAT.TOCanada$644M-18%-24%-8%n/an/an/a
KINX 093320.KSSouth Korea$623M+68%+7%19%32.8×7.8%+17.7%
Eastone Century Technology 300310.SZChina$575M-24%+3%0%n/an/an/a
StarHub CC3.SISingapore$1.41B+4%-8%5%48.0×7.2%+3.0%
Juneyao Grand Healthy Drinks 605388.SSChina$524M-15%+5%-19%n/an/an/a
Beijing Waluer Information Technology 301380.SZChina$440M-14%+7%7%n/a16.4%+16.4%
U-NEXT 9418.TJapan$2.04B+17%+20%6%17.6×0.4%+17.7%
Shunya International Martech (Beijing) 300612.SZChina$341M-17%-45%-24%n/an/an/a
Helios Towers HTWS.LUnited Kingdom$3.05B-8%+6%36%30.1×13.4%+15.0%
freenet FNTN.DEGermany$3.06B-7%+10%14%11.4×-11.3%-1.1%

Questions

Which companies are Macquarie Technology's closest peers?
The cockpit's peer set: cyber_Folks (CBF.WA), Net263 (002467.SZ), Tata Teleservices (Maharashtra) (TTML.NS), Aussie Broadband (ABB.AX), Ituran Location and Control (ITRN), Chief Telecom (6561.TWO), Guangzhou Frontop Digital Creative Technology (301313.SZ), Guomai Technologies (002093.SZ).
Is Macquarie Technology expensive compared with its peers?
On forward p/e it trades at 58.2× against a peer median of 19.7×, 2nd most expensive of 12 in its peer set.
How has Macquarie Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -34.0% against -13.2% for the median peer; over one year -24.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.