Maximus Inc (MMS) Fair Value & Analysis
Industrials · US · Market cap $3.0B · ISIN US5779331041
What is Maximus Inc really worth?
Maximus Inc
MMS · US
A solid business, trading 54% below our fair value of $127.52.
Strengths
Risks
For context
Fair value as of: Aug 27, 2026
From 26 valuation models · updated 8 days ago
Share price −7.7% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The rarer combination: high quality (71/100) AND below fair value. That earns a closer look rather than a quick verdict.
- The price is below even our cautious bear case ($70.88). The market is more pessimistic than our downside scenario.
- A fairly wide model range ($70.88 to $162.99) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.
How to read this chart
60‑month range $52.60 – $97.94 · fair‑value band $70.88 – $162.99 · the $58.43 price screens below the $127.52 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 27, 2026.
Analysis
Maximus Inc (MMS) currently trades at $58.43, while our model-based Fair Value estimate is $127.52, implying the stock looks roughly 54.2% undervalued today. The Quality Score stands at 71/100 (solid quality), in the Industrials sector. Bull case: the DCF Models group reads highest at a median of $131.48 per share, and 22 of the 26 models we run sit above the $58.43 price. Bear case: the Dividend Discount group reads lowest at $19.78, and 4 of the 26 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, Maximus Inc generated revenue of $5.3B at a net margin of 7.0%. Revenue declined 4.1% year over year. It earns a return on equity of 22.2%. Net debt stands at $1.2B. Fundamentals as of Aug 27, 2026
Our scenario range runs from $70.88 (bear case) to $162.99 (bull case); at $58.43, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 41% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at −24% fair-value upside, at 118%, MMS screens cheaper than that median.
Fair Value models
This estimate rests on fiscal year 2025 figures, and about 11 months have passed since. In that time the company retained roughly $4.96 per share, which is 3.9 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.
All 26 models by family
Widest divergence: DCF Models ($131.48) versus Dividend Discount ($19.78). Highest evidence: FCF DCF (77).
Notify me when MMS reaches fair value
Put MMS on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 67 · Market factors (momentum, volatility) 32
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
Maximus, Inc. operates as a provider of government services worldwide. The company operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S.
Full company description
Maximus, Inc. operates as a provider of government services worldwide. The company operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Federal Services segment offers business process services, eligibility and enrollment, outreach, and other services for federal health and human services programs; clinical services; and technology solutions, such as application development and modernization services, enterprise business solutions, advanced analytics and emerging technologies, cybersecurity services, data management, and infrastructure and engineering solutions. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; subsidized telephone services; and person-centered independent assessment services. This segment also provides employment services, such as eligibility support, case management, job-readiness preparation, job search and employer outreach, job retention and career advancement, and educational and training services; technology solutions; and system implementation project management services. The Outside the U.S. segment offers BPS and technology solutions for international governments, including health and disability assessments, program administration for employment services, wellbeing solutions and other job seeker-related services, digitally-enabled customer services, and technologies for modernization. Maximus, Inc. was founded in 1975 and is headquartered in McLean, Virginia.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Maximus Inc reported revenue of $5.4B in FY2025 versus $4.3B in FY2021, a compound +6.3%/yr. Reported net income was $319M in FY2025, compounding +2.3%/yr from FY2021.
of which total revenue +10.8 % · buybacks/dilution +1.3 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
Watch MMS: get an alert when its fair value changes →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Is Maximus Stock Worth Buying as Low Valuation Meets Contract Risk?
- Can Maximus Weather the VA Contract Hit and Rebuild Earnings Momentum?
Peer Group
Specialty Business Services · 248 stocks
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.
Valuation Multiples vs Specialty Business Services median · lower = cheaper
Strength profile in five axes (Snowflake)
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Insider activity: 46/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Specialty Business Services stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Cintas Corporation CTAS | $204.15 | $95.19 | −53% |
| RELX PLC RELX | $34.55 | $32.24 | −7% |
| Thomson Reuters Corporation TRI | C$142.85 | C$70.40 | −51% |
| Copart, Inc CPRT | $32.76 | $28.59 | −13% |
| Global Payments Inc GPN | $91.05 | $68.98 | −24% |
| RB Global, Inc RBA | C$119.68 | C$68.30 | −43% |
| Brambles Limited BXB | A$19.47 | A$17.27 | −11% |
| UL Solutions Inc ULS | $74.43 | $33.62 | −55% |
| Wolters Kluwer N.V WKL | €68.88 | €101.27 | +47% |
| Aramark ARMK | $59.08 | $13.18 | −78% |
Compare Maximus Inc with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Maximus Inc (MMS) overvalued or undervalued?
What is the fair value of MMS?
What is the quality score of MMS?
What is the revenue of Maximus Inc (MMS)?
What is the net profit margin of MMS?
Does Maximus Inc pay a dividend?
Watch Maximus Inc in the live analysis
One click puts Maximus Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.