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Mirvac Group (ASX:MGR) EV-to-EBITDA : -35.37 (As of Apr. 28, 2024)


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What is Mirvac Group EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Mirvac Group's enterprise value is A$12,593 Mil. Mirvac Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-356 Mil. Therefore, Mirvac Group's EV-to-EBITDA for today is -35.37.

The historical rank and industry rank for Mirvac Group's EV-to-EBITDA or its related term are showing as below:

ASX:MGR' s EV-to-EBITDA Range Over the Past 10 Years
Min: -35.37   Med: 12.08   Max: 339.59
Current: -35.37

During the past 13 years, the highest EV-to-EBITDA of Mirvac Group was 339.59. The lowest was -35.37. And the median was 12.08.

ASX:MGR's EV-to-EBITDA is ranked worse than
100% of 603 companies
in the REITs industry
Industry Median: 15.25 vs ASX:MGR: -35.37

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-28), Mirvac Group's stock price is A$2.05. Mirvac Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.148. Therefore, Mirvac Group's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Mirvac Group EV-to-EBITDA Historical Data

The historical data trend for Mirvac Group's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mirvac Group EV-to-EBITDA Chart

Mirvac Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.48 16.30 13.85 9.98 325.19

Mirvac Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 9.98 - 325.19 -

Competitive Comparison of Mirvac Group's EV-to-EBITDA

For the REIT - Diversified subindustry, Mirvac Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mirvac Group's EV-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mirvac Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mirvac Group's EV-to-EBITDA falls into.



Mirvac Group EV-to-EBITDA Calculation

Mirvac Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=12593.013/-356
=-35.37

Mirvac Group's current Enterprise Value is A$12,593 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mirvac Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-356 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mirvac Group  (ASX:MGR) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Mirvac Group's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.05/-0.148
=At Loss

Mirvac Group's share price for today is A$2.05.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mirvac Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.148.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Mirvac Group EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Mirvac Group's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Mirvac Group (ASX:MGR) Business Description

Traded in Other Exchanges
Address
200 George Street, Level 28, Sydney, NSW, AUS, 2000
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 accounting for 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, however, we expect modest growth over time as Mirvac gains market share and 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.

Mirvac Group (ASX:MGR) Headlines

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