Maximus, Inc.
MMS 6Price and target zones价格与目标区间
What the company does公司做什么
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.
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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.
Products and services产品与服务 from the vendor summary — not yet written up来自供应商简介——尚未整理成文
- 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
- Technology solutions
Company facts公司资料
- Founded成立时间
- 1975
- Headquarters总部
- McLean, Virginia
- Employees员工人数
- 37,200
- Industry行业
- Specialty Business Services
- Country国家
- United States
Investment thesis投资逻辑 from the watchlist来自关注列表
⚪ ANALYZED 9/02, placed 9/10 — WATCH. Government BPO / health-services; DOGE/federal-cut overhang, book-to-bill recovering toward 1.0. FV $70-85, entry sub-58 (add <53). Trim 11x fwd.
Historical results历史业绩 past fiscal years — these values do not change过去财年——这些数值不会变动
Profit margins利润率 the share of revenue that stays as profit营收中留存为利润的比例
of every $1 of revenue每 $1 营收中的占比
- Return on equity净资产收益率
- 21%
- Revenue growth营收增长
- -5%
- Dividend yield股息率
- 2.51%
Competitive advantages竞争优势 from the thesis and the reports来自投资逻辑和报告
- Moat — Narrow (evergreen 4/10) - Real but shallow.
- But this is contract-level stickiness, not pricing power — 26% gross / 13% operating margins confirm a labor-cost pass-through, not a toll road.
- But two things hold conviction below a clear BUY: the narrow moat (evergreen 4) on a business that must perpetually re-win its revenue, and the 0.5x book-to-bill — a genuine forward-revenue warning that AI and DOGE could turn the high FCF yield into a melting-ice-cube yield.