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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Mirvac Group's current 3-Year Share Buyback Ratio was 0.00%.
The historical rank and industry rank for Mirvac Group's 3-Year Share Buyback Ratio or its related term are showing as below:
During the past 13 years, Mirvac Group's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was -42.50%. And the median was -3.25%.
ASX:MGR's 3-Year Share Buyback Ratio is not ranked *
in the REITs industry.
Industry Median: -2.9 * Ranked among companies with meaningful 3-Year Share Buyback Ratio only.
Mirvac Group (ASX:MGR) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Mirvac Group 3-Year Share Buyback Ratio Related Terms
ASX:MGR vs VICI, WPC, BNL: 3-Year Share Buyback Ratio Comparison
For the REIT - Diversified subindustry, Mirvac Group's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback 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 3-Year Share Buyback Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Mirvac Group's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Mirvac Group's 3-Year Share Buyback Ratio falls into.
Mirvac Group 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 0.00 mean?
Mirvac Group (ASX:MGR) has a 3-Year Share Buyback Ratio of 0.00 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Mirvac Group and its competitors. According to the industry distribution chart, Mirvac Group ranks #999999 out of 601 companies in the REITs industry.
Is Mirvac Group's 3-Year Share Buyback Ratio too high?
Mirvac Group's current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, Mirvac Group ranks #999999 out of 601 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Mirvac Group has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mirvac Group's 3-Year Share Buyback Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Mirvac Group ranks #999999 out of 601 companies for 3-Year Share Buyback Ratio. This places Mirvac Group in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a REITs company?
A good 3-Year Share Buyback Ratio depends on the REITs industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Mirvac Group and its competitors. Mirvac Group's current 3-Year Share Buyback Ratio is 0.00. 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$2.15, compared to a current price of A$1.90 — trading 11.6% below its estimated fair value. The current 3-Year Share Buyback Ratio is 0.00. Mirvac Group's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Mirvac Group (ASX:MGR), the current 3-Year Share Buyback Ratio is 0.00 as of Jun. 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$1.90 is trading 11.6% below its estimated GF Value™ of A$2.15.
GuruFocus considers Mirvac Group to be Modestly Undervalued.
Key valuation signals for ASX:MGR:
3-Year Share Buyback Ratio: 0.00
GF Value™: A$2.15 vs. price of A$1.90 (11.6% below fair value)
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.
76GF Score
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3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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