Mirvac GroupMRVGF 66 Net Margin % is 24.52% as of Dec. 2025, which is 43% below its 10-year median of 42.77. GuruFocus rates MRVGF with a GF Score™ of 66/100 and a GF Value™ of $1.67 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 928 REITs companies, Mirvac Group ranks worse than 73.49% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Mirvac Group's Net Income for the
six
months ended in Dec. 2025 was $212 Mil. Mirvac Group's Revenue for the
six
months ended in Dec. 2025 was $864 Mil. Therefore, Mirvac Group's net margin for the quarter that ended in Dec. 2025 was 24.52%.
The historical rank and industry rank for Mirvac Group's Net Margin % or its related term are showing as below:
MRVGF'
s Net Margin % Range Over the Past 10 Years
Min: -27.29 Med: 42.77 Max: 51.85
Current: 14.77
MRVGF's Net Margin % is ranked worse than 73.49% of 928
companies
in the REITs industry
Industry Median: 45.23
vs MRVGF: 14.77
Mirvac Group (OTCPK:MRVGF) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Mirvac Group Net Margin % Related Terms
Mirvac Group Net Margin % Historical Data
* Premium members only.
The historical data trend for Mirvac Group's Net Margin % 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 Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Mirvac Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Mirvac Group's Net Margin % 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 (MRVGF) has a Net Margin % of 24.52% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Mirvac Group and its competitors. This is 43% below median its historical median of 42.77. According to the industry distribution chart, Mirvac Group ranks #682 out of 928 companies in the REITs industry, placing it in the top 73.5%.
Is Mirvac Group's Net Margin % too high?
Mirvac Group's current Net Margin % of 24.52% is 43% below median its 10-year median of 42.77. The REITs industry median Net Margin % is 45.23. Mirvac Group's value of 24.52% is 45.8% below this industry median. Based on the distribution chart, Mirvac Group ranks #682 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, Mirvac Group has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mirvac Group's Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Mirvac Group ranks #682 out of 928 companies for Net Margin %. This places Mirvac Group in the lower half of its industry. The industry median Net Margin % is 45.23. Mirvac Group's value of 24.52% is 45.8% below this benchmark. While the company's 10-year median is 42.77 vs. the industry median of 45.23, Mirvac Group has consistently been below 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.23, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mirvac Group's current Net Margin % of 24.52% is 45.8% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Mirvac Group and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirvac Group's current Net Margin % is 24.52%, which is 43% below median its own 10-year median of 42.77. 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 (MRVGF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.67, compared to a current price of $1.11 — trading 33.7% below its estimated fair value. The current Net Margin % is 24.52%, which is 43% below median its 10-year median of 42.77 and 45.8% below the REITs industry median of 45.23. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Mirvac Group (MRVGF), the current Net Margin % is 24.52% 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 (MRVGF) Overvalued in 2026?
Based on GuruFocus' analysis, Mirvac Group stock appears to be undervalued.
The current stock price of $1.11 is trading 33.7% below its estimated GF Value™ of $1.67.
GuruFocus considers Mirvac Group to be Possible Value Trap.
Key valuation signals for MRVGF:
Net Margin %: 24.52% (43% below median its 10-year median of 42.77)
GF Value™: $1.67 vs. price of $1.11 (33.7% below fair value)
Industry Position: 45.8% below the REITs median (#682 of 928)
No single metric tells the full story. See the MRVGF 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.
66GF Score
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