Mirvac Group (ASX:MGR) Dividend-Payout-to-FFO: 0.53 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:MGR Mirvac Group ASX:MGR
66 GF Score
Price A$1.74
GF Value A$2.30
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Mirvac Group Dividend-Payout-to-FFO?

Mirvac Group ASX:MGR -1.98% 66 Dividend-Payout-to-FFO is 0.53 as of Dec. 2025. GuruFocus rates ASX:MGR with a GF Score™ of 66/100 and a GF Value™ of A$2.30 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Dividend-Payout-to-FFO is calculated as Dividends per Share divided by its FFO per Share.

Mirvac Group's Dividends per Share for the six months that ended in Dec. 2025 was A$0.05 Mil. Mirvac Group's FFO per Share for the six months that ended in Dec. 2025 was A$0.09 Mil. Therefore, Mirvac Group's dividend payout to FFO for the six months ended in Dec. 2025 was 0.53.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Mirvac Group Dividend-Payout-to-FFO Related Terms


Mirvac Group Dividend-Payout-to-FFO Historical Data

* Premium members only.

The historical data trend for Mirvac Group's Dividend-Payout-to-FFO 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.

Mirvac Group Dividend-Payout-to-FFO Chart

Mirvac Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Dividend-Payout-to-FFO
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.41 -4.38 -0.57 2.57

Mirvac Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend-Payout-to-FFO 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 -1.07 -0.42 5.00 1.73 0.53

ASX:MGR vs VICI, WPC, BNL: Dividend-Payout-to-FFO Comparison

For the REIT - Diversified subindustry, Mirvac Group's Dividend-Payout-to-FFO, along with its competitors' market caps and Dividend-Payout-to-FFO 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 Dividend-Payout-to-FFO vs REITs Industry

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

* The bar in red indicates where Mirvac Group's Dividend-Payout-to-FFO falls into.


ASX:MGR
66GF Score
Mirvac Group ASX:MGR
Dividend-Payout-to-FFO is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mirvac Group Dividend-Payout-to-FFO Calculation

Dividend-Payout-to-FFO is calculated as Dividends per Share divided by its FFO per Share.

Mirvac Group's Dividend-Payout-to-FFO for the fiscal year that ended in Jun. 2025 is calculated as

Dividend-Payout-to-FFO=Dividends per Share (A: Jun. 2025 )/FFO per Share (A: Jun. 2025 )
=0.09/0.035
=2.57

Mirvac Group's Dividend-Payout-to-FFO for the quarter that ended in Dec. 2025 is calculated as

Dividend-Payout-to-FFO=Dividends per Share (Q: Dec. 2025 )/FFO per Share (Q: Dec. 2025 )
=0.047/0.089
=0.53

* 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.

Frequently Asked Questions Learn more about Dividend-Payout-to-FFO →
What does a Dividend-Payout-to-FFO of 0.53 mean?
Mirvac Group (ASX:MGR) has a Dividend-Payout-to-FFO of 0.53 as of Dec. 2025. Dividend Payout to FFO is the percent of a REIT's funds from operations paid out as dividends. View historical data on Mirvac Group and its competitors.
Is Mirvac Group's Dividend-Payout-to-FFO too high?
Mirvac Group's current Dividend-Payout-to-FFO is 0.53. Overall, Mirvac Group has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mirvac Group's Dividend-Payout-to-FFO compare to VICI and WPC?
Mirvac Group's Dividend-Payout-to-FFO of 0.53 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend-Payout-to-FFO for a REITs company?
A good Dividend-Payout-to-FFO depends on the REITs industry context. However, Dividend-Payout-to-FFO should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend-Payout-to-FFO mean?
A high Dividend-Payout-to-FFO can signal that a stock is expensive relative to its fundamentals. Dividend Payout to FFO is the percent of a REIT's funds from operations paid out as dividends. View historical data on Mirvac Group and its competitors. Mirvac Group's current Dividend-Payout-to-FFO is 0.53. 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$1.74 — trading 24.6% below its estimated fair value. The current Dividend-Payout-to-FFO is 0.53. Mirvac Group's overall GF Score™ is 66/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend-Payout-to-FFO calculated?
Dividend-Payout-to-FFO is calculated from a company's financial statements. For Mirvac Group (ASX:MGR), the current Dividend-Payout-to-FFO is 0.53 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$1.74 is trading 24.6% below its estimated GF Value™ of A$2.30. GuruFocus considers Mirvac Group to be Modestly Undervalued.

Key valuation signals for ASX:MGR:

  • Dividend-Payout-to-FFO: 0.53
  • GF Value™: A$2.30 vs. price of A$1.74 (24.6% below fair value)
  • GF Score™: 66/100 with 9 warning signs

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 Group Business Description

Industry Real EstateREITs
Other Exchanges MRVGF:USA
Address 200 George Street, Level 28, Sydney, NSW, AUS, 2000
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.
66GF Score

Get the complete analysis for ASX:MGR

Dividend-Payout-to-FFO is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.74
Price
A$2.30
GF Value