As of today (2024-04-28), Mirvac Group's share price is A$2.05.
Mirvac Group's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.04. Hence, Mirvac Group's Price-to-Free-Cash-Flow Ratio for today is 48.81.
The historical rank and industry rank for Mirvac Group's Price-to-Free-Cash-Flow or its related term are showing as below:
ASX:MGR'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 8.44 Med: 16.96 Max: 48.81
Current: 48.81
During the past 13 years, Mirvac Group's highest Price-to-Free-Cash-Flow Ratio was 48.81. The lowest was 8.44. And the median was 16.96.
ASX:MGR's Price-to-Free-Cash-Flow is ranked worse than 91.12% of 698
companies
in the REITs industry
Industry Median: 12.085
vs ASX:MGR: 48.81
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Mirvac Group was -40.00% per year.
During the past 13 years, Mirvac Group's highest 3-Year average Free Cash Flow per Share Growth Rate was 39.10% per year. The lowest was -55.10% per year. And the median was 10.50% per year.
Mirvac Group Price-to-Free-Cash-Flow Historical Data
The historical data trend for Mirvac Group's Price-to-Free-Cash-Flow 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.
Competitive Comparison of Mirvac Group's Price-to-Free-Cash-Flow
For the REIT - Diversified subindustry, Mirvac Group's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Mirvac Group's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Mirvac Group's Price-to-Free-Cash-Flow falls into.
Mirvac Group Price-to-Free-Cash-Flow Calculation
Mirvac Group's Price-to-Free-Cash-Flow ratio for today is calculated as
Mirvac Group's Share Price of today is A$2.05.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mirvac Group's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.04.
* 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.
It can also be calculated from the numbers for the whole company:
Mirvac Group (ASX:MGR) Price-to-Free-Cash-Flow Explanation
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Mirvac Group Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Mirvac Group's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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