Mirvac GroupASX:MGR +0.85%71 Current Ratio is 1.69 as of Dec. 2025, which is 40% above its 10-year median of 1.21. GuruFocus rates ASX:MGR with a GF Score™ of 71/100 and a GF Value™ of A$2.30 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 760 REITs companies, Mirvac Group ranks better than 66.97% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Mirvac Group's current ratio for the quarter that ended in Dec. 2025 was 1.69.
Mirvac Group has a current ratio of 1.69. It generally indicates good short-term financial strength.
The historical rank and industry rank for Mirvac Group's Current Ratio or its related term are showing as below:
ASX:MGR'
s Current Ratio Range Over the Past 10 Years
Min: 0.73 Med: 1.21 Max: 2.2
Current: 1.69
During the past 13 years, Mirvac Group's highest Current Ratio was 2.20. The lowest was 0.73. And the median was 1.21.
ASX:MGR's Current Ratio is ranked better than 66.97% of 760
companies
in the REITs industry
Industry Median: 0.98
vs ASX:MGR: 1.69
Mirvac Group (ASX:MGR) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Mirvac Group Current Ratio Related Terms
Mirvac Group Current Ratio Historical Data
* Premium members only.
The historical data trend for Mirvac Group's Current Ratio 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.
ASX:MGR vs VICI, WPC, BNL: Current Ratio Comparison
For the REIT - Diversified subindustry, Mirvac Group's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Mirvac Group's Current Ratio distribution charts can be found below:
* The bar in red indicates where Mirvac Group's Current Ratio falls into.
* 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) has a Current Ratio of 1.69 as of Dec. 2025. This is 40% above median its historical median of 1.21. Over the past decade, Mirvac Group's Current Ratio has ranged from 0.73 to 2.20. According to the industry distribution chart, Mirvac Group ranks #251 out of 760 companies in the REITs industry, placing it in the top 33%.
Is Mirvac Group's Current Ratio too high?
Mirvac Group's current Current Ratio of 1.69 is 40% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 2.20. The REITs industry median Current Ratio is 0.98. Mirvac Group's value of 1.69 is 72.4% above this industry median. Based on the distribution chart, Mirvac Group ranks #251 out of 760 companies in the REITs industry, which is above the industry midpoint. Overall, Mirvac Group has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mirvac Group's Current Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Mirvac Group ranks #251 out of 760 companies for Current Ratio. This puts Mirvac Group in the upper half of its industry. The industry median Current Ratio is 0.98. Mirvac Group's value of 1.69 is 72.4% above this benchmark. Historically, Mirvac Group's own Current Ratio has ranged from 0.73 to 2.20 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 0.98, Mirvac Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a REITs company?
The median Current Ratio among REITs companies is 0.98, based on 760 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mirvac Group's current Current Ratio of 1.69 is 72.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median Current Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirvac Group's current Current Ratio is 1.69, which is 40% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirvac Group stock overvalued right now?
Based on GuruFocus' analysis, Mirvac Group (ASX:MGR) is currently considered Modestly Undervalued. The stock's GF Value™ is A$2.30, compared to a current price of A$1.79 — trading 22.4% below its estimated fair value. The current Current Ratio is 1.69, which is 40% above median its 10-year median of 1.21 and 72.4% above the REITs industry median of 0.98. Mirvac Group's overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Mirvac Group (ASX:MGR), the current Current Ratio is 1.69 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mirvac Group (ASX:MGR) Overvalued in 2026?
Based on GuruFocus' analysis, Mirvac Group stock appears to be undervalued.
The current stock price of A$1.79 is trading 22.4% below its estimated GF Value™ of A$2.30.
GuruFocus considers Mirvac Group to be Modestly Undervalued.
Key valuation signals for ASX:MGR:
Current Ratio: 1.69 (40% above median its 10-year median of 1.21)
GF Value™: A$2.30 vs. price of A$1.79 (22.4% below fair value)
Industry Position: 72.4% above the REITs median (#251 of 760)
No single metric tells the full story. See the ASX:MGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mirvac started off as a residential property developer and over time expanded into property investment, funds management, and commercial property development. Investment is the major earnings driver, generating about two-thirds of group earnings. The investment portfolio, by book value, is made up of 50% office, 20% retail, 15% industrial and the rest is build-to-rent and land lease assets. Longer term, Mirvac aims to increase exposure to the industrial and living sectors and own fewer offices and retail centers. Development income is volatile and was around one-fourth of fiscal 2025 group earnings. Besides developing apartments and houses, which Mirvac is best known for, it is also involved in commercial and mixed-use precinct developments.
71GF Score
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