Mirvac Group

ASX:MGR (Australia)   Stapled (Unit, Ordinary Share)
A$ 2.36 (+2.16%) Mar 28
Market Cap:
A$ 9.31B ($ 6.06B)
Enterprise V:
A$ 13.82B ($ 9.00B)
Volume:
14.24M
Avg Vol (2M):
12.94M
Also Trade In:

Business Description

Description
Mirvac is one of Australia's largest residential developers, particularly apartments. Residential development earnings are volatile, generating about a fifth of EBIT in fiscal 2023, despite requiring only about 15% of the group's invested capital. Over our 10-year discrete forecast period we don't expect residential development to exceed the lofty peaks seen in 2017, when Mirvac settled 3,400 residential lots. After an expected trough in 2025 we forecast modest growth as Mirvac constructs housing into an under-supplied market. About 80% of Mirvac's earnings come from a predictable commercial property portfolio, more than half of which is high-grade office and another fourth in retail, a small industrial portfolio, and a small but growing build-to-rent residential portfolio.
Name Current Vs Industry Vs History
Cash-To-Debt 0.05
Equity-to-Asset 0.62
Debt-to-Equity 0.47
Debt-to-EBITDA -13.29
Interest Coverage 2.52
Piotroski F-Score 3/9
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Altman Z-Score 1.26
Distress
Grey
Safe
Beneish M-Score -2.29
Manipulator
Not Manipulator
WACC vs ROIC
WACC
ROIC
Name Current Vs Industry Vs History
5-Day RSI 83.63
9-Day RSI 76.77
14-Day RSI 70.81
6-1 Month Momentum % 1.86
12-1 Month Momentum % 4.29

Liquidity Ratio

Name Current Vs Industry Vs History
Current Ratio 2.2
Quick Ratio 0.84
Cash Ratio 0.18
Days Inventory 351.64
Days Sales Outstanding 25.34
Days Payable 121.19

Financials (Next Earnings Date:2024-08-15 Est.)

ASX:MGR's 30-Y Financials
Income Statement Breakdown
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Historical Operating Revenue by Business Segment

Historical Operating Revenue by Geographic Region

5-Step DuPont Analysis as of
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Performance

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Mirvac Group Executives

Details

Valuation Chart

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Analyst Estimate

Key Statistics

Name Value
Revenue (TTM) (Mil A$) 2,281
EPS (TTM) (A$) -0.148
Beta 1.35
Volatility % 31.05
14-Day RSI 70.81
14-Day ATR (A$) 0.053162
20-Day SMA (A$) 2.196
12-1 Month Momentum % 4.29
52-Week Range (A$) 1.815 - 2.465
Shares Outstanding (Mil) 3,945.86

Piotroski F-Score Details

Year:
Component Result
Piotroski F-Score 3
Positive ROA
Positive CFROA
Higher ROA yoy
CFROA > ROA
Lower Leverage yoy
Higher Current Ratio yoy
Less Shares Outstanding yoy
Higher Gross Margin yoy
Higher Asset Turnover yoy

Mirvac Group Filings

Filing Date Document Date Form
No Filing Data

Mirvac Group Stock Events

Financials Calendars
Event Date Price(A$)
No Event Data

Mirvac Group Frequently Asked Questions

What is Mirvac Group(ASX:MGR)'s stock price today?
The current price of ASX:MGR is A$2.36. The 52 week high of ASX:MGR is A$2.47 and 52 week low is A$1.82.
When is next earnings date of Mirvac Group(ASX:MGR)?
The next earnings date of Mirvac Group(ASX:MGR) is 2024-08-15 Est..
Does Mirvac Group(ASX:MGR) pay dividends? If so, how much?
The  Dividend Yield %  of Mirvac Group(ASX:MGR) is 4.24% (As of Today), Highest Dividend Payout Ratio of Mirvac Group(ASX:MGR) was 0.7. The lowest was 0.33. And the median was 0.43. The  Forward Dividend Yield % of Mirvac Group(ASX:MGR) is 3.9%. For more information regarding to dividend, please check our Dividend Page.

Press Release

Subject Date
No Press Release