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Mirvac GroupASX:MGR -1.38%68 EV-to-EBIT is 20.55 as of Jul. 30, 2026, which is 105% above its 10-year median of 10.04. GuruFocus rates ASX:MGR with a GF Score™ of 68/100 and a GF Value™ of A$2.30 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 655 REITs companies, Mirvac Group ranks worse than 54.2% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Mirvac Group's Enterprise Value for the quarter that ended in Dec. 2025 was A$11,939 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mirvac Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$536 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 EV-to-EBIT Related Terms
Mirvac Group EV-to-EBIT Historical Data
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The historical data trend for Mirvac Group's EV-to-EBIT 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.
For the REIT - Diversified subindustry, Mirvac Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs REITs Industry
For the REITs industry and Real Estate sector, Mirvac Group's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Mirvac Group's EV-to-EBIT falls into.
Mirvac Group's current Enterprise Value is A$11,014 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mirvac Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$536 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) has a EV-to-EBIT of 20.55 as of Jul. 30, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Mirvac Group and its competitors. This is 105% above median its historical median of 10.04. According to the industry distribution chart, Mirvac Group ranks #355 out of 655 companies in the REITs industry, placing it in the top 54.2%.
Is Mirvac Group's EV-to-EBIT too high?
Mirvac Group's current EV-to-EBIT of 20.55 is 105% above median its 10-year median of 10.04. The REITs industry median EV-to-EBIT is 18.25. Mirvac Group's value of 20.55 is 12.6% above this industry median. Based on the distribution chart, Mirvac Group ranks #355 out of 655 companies in the REITs industry, which is below the industry midpoint. Overall, Mirvac Group has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mirvac Group's EV-to-EBIT compare to VICI and WPC?
According to the REITs industry distribution chart, Mirvac Group ranks #355 out of 655 companies for EV-to-EBIT. This places Mirvac Group in the lower half of its industry. The industry median EV-to-EBIT is 18.25. Mirvac Group's value of 20.55 is 12.6% above this benchmark. While the company's 10-year median is 10.04 vs. the industry median of 18.25, 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 EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.25, based on 655 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mirvac Group's current EV-to-EBIT of 20.55 is 12.6% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Mirvac Group and its competitors. For the REITs industry, the median EV-to-EBIT is 18.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirvac Group's current EV-to-EBIT is 20.55, which is 105% above median its own 10-year median of 10.04. 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 22.2% below its estimated fair value. The current EV-to-EBIT is 20.55, which is 105% above median its 10-year median of 10.04 and 12.6% above the REITs industry median of 18.25. Mirvac Group's overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Mirvac Group (ASX:MGR), the current EV-to-EBIT is 20.55 as of Jul. 30, 2026. 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 22.2% below its estimated GF Value™ of A$2.30.
GuruFocus considers Mirvac Group to be Modestly Undervalued.
Key valuation signals for ASX:MGR:
EV-to-EBIT: 20.55 (105% above median its 10-year median of 10.04)
GF Value™: A$2.30 vs. price of A$1.79 (22.2% below fair value)
Industry Position: 12.6% above the REITs median (#355 of 655)
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.
68GF Score
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