Maximus, Inc. (MMS)

NYSE: MMS · IEX Real-Time Price · USD
83.90
+0.41 (0.49%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

Maximus has a market cap or net worth of $5.12 billion. The enterprise value is $6.50 billion.

Market Cap 5.12B
Enterprise Value 6.50B

Important Dates

The last earnings date was Thursday, February 2, 2023, before market open.

Earnings Date Feb 2, 2023
Ex-Dividend Date Feb 14, 2024

Share Statistics

Maximus has 61.03 million shares outstanding. The number of shares has increased by 0.55% in one year.

Shares Outstanding 61.03M
Shares Change (YoY) +0.55%
Shares Change (QoQ) -0.26%
Owned by Insiders (%) 1.02%
Owned by Institutions (%) 99.94%
Float 60.34M

Valuation Ratios

The trailing PE ratio is 27.78 and the forward PE ratio is 18.84. Maximus's PEG ratio is 2.07.

PE Ratio 27.78
Forward PE 18.84
PS Ratio 1.03
Forward PS 0.97
PB Ratio 2.98
P/FCF Ratio 13.71
PEG Ratio 2.07
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.77, with an EV/FCF ratio of 17.40.

EV / Earnings 34.94
EV / Sales 1.30
EV / EBITDA 13.77
EV / EBIT 19.90
EV / FCF 17.40

Financial Position

The company has a current ratio of 1.69, with a Debt / Equity ratio of 0.86.

Current Ratio 1.69
Quick Ratio 1.47
Debt / Equity 0.86
Debt / EBITDA 3.14
Debt / FCF 3.96
Interest Coverage 3.88

Financial Efficiency

Return on equity (ROE) is 11.20% and return on invested capital (ROIC) is 7.86%.

Return on Equity (ROE) 11.20%
Return on Assets (ROA) 4.70%
Return on Capital (ROIC) 7.86%
Revenue Per Employee $125,821
Profits Per Employee $4,696
Employee Count 39,600
Asset Turnover 1.26
Inventory Turnover n/a

Taxes

In the past 12 months, Maximus has paid $56.43 million in taxes.

Income Tax 56.43M
Effective Tax Rate 23.28%

Stock Price Statistics

The stock price has increased by +8.61% in the last 52 weeks. The beta is 0.73, so Maximus's price volatility has been lower than the market average.

Beta (1Y) 0.73
52-Week Price Change +8.61%
50-Day Moving Average 82.90
200-Day Moving Average 81.36
Relative Strength Index (RSI) 52.92
Average Volume (30 Days) 359,668

Short Selling Information

The latest short interest is 736,242, so 1.21% of the outstanding shares have been sold short.

Short Interest 736,242
Short Previous Month 589,631
Short % of Shares Out 1.21%
Short % of Float 1.22%
Short Ratio (days to cover) 2.53

Income Statement

In the last 12 months, Maximus had revenue of $4.98 billion and earned $185.95 million in profits. Earnings per share was $3.02.

Revenue 4.98B
Gross Profit 1.08B
Operating Income 327.53M
Pretax Income 242.37M
Net Income 185.95M
EBITDA 471.69M
EBIT 326.41M
Earnings Per Share (EPS) $3.02
Full Income Statement

Balance Sheet

The company has $104.19 million in cash and $1.48 billion in debt, giving a net cash position of -$1.38 billion or -$22.54 per share.

Cash & Cash Equivalents 104.19M
Total Debt 1.48B
Net Cash -1.38B
Net Cash Per Share -$22.54
Equity / Book Value 1.72B
Book Value Per Share 28.15
Working Capital 451.25M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $470.61 million and capital expenditures -$97.25 million, giving a free cash flow of $373.36 million.

Operating Cash Flow 470.61M
Capital Expenditures -97.25M
Free Cash Flow 373.36M
FCF Per Share $6.09
Full Cash Flow Statement

Margins

Gross margin is 21.75%, with operating and profit margins of 6.57% and 3.73%.

Gross Margin 21.75%
Operating Margin 6.57%
Pretax Margin 4.86%
Profit Margin 3.73%
EBITDA Margin 9.47%
EBIT Margin 6.55%
FCF Margin 7.49%

Dividends & Yields

This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 1.43%.

Dividend Per Share $1.20
Dividend Yield 1.43%
Dividend Growth (YoY) 3.57%
Years of Dividend Growth 1
Payout Ratio 39.74%
Buyback Yield -0.55%
Shareholder Yield 0.88%
Earnings Yield 3.63%
FCF Yield 7.29%
Dividend Details

Analyst Forecast

The average price target for Maximus is $102.00, which is 21.57% higher than the current price. The consensus rating is "Buy".

Price Target $102.00
Price Target Difference 21.57%
Analyst Consensus Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on July 1, 2013. It was a forward split with a ratio of 2:1.

Last Split Date Jul 1, 2013
Split Type Forward
Split Ratio 2:1

Scores

Maximus has an Altman Z-Score of 3.39 and a Piotroski F-Score of 8.

Altman Z-Score 3.39
Piotroski F-Score 8