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ASX:MGR
ASX:MGRREITs

Assessing Mirvac Group (ASX:MGR) Valuation as Earnings Growth Projections Brighten Outlook After Weak Financial Performance

Mirvac Group (ASX:MGR) has recently come under focus as financial results show its return on equity lags far behind sector averages, with net income shrinking over several years. However, projections now point to potential growth ahead. See our latest analysis for Mirvac Group. Mirvac’s share price has steadily gained momentum in 2024, rising over 21% year-to-date to A$2.29, as forward-looking optimism appears to outweigh concerns about its weaker recent fundamentals. Long-term investors have...
TSX:FTG
TSX:FTGElectronic

Firan Technology Group (TSX:FTG) Margin Expansion Reinforces Bullish Narratives on Growth and Valuation Discount

Firan Technology Group (TSX:FTG) reported net profit margins of 7.5%, exceeding last year’s 6.5%, while delivering annual earnings growth of 36.2% for the most recent year. Over the last five years, earnings have surged at a remarkable 50.9% rate per annum. Future forecasts point to continued earnings growth of 23.2% per year and revenue growth of 10.1% per year, both outpacing the broader Canadian market. Alongside these robust growth rates, FTG’s valuation multiples and current trading...
ASX:TUA
ASX:TUATelecom

Tuas (ASX:TUA) Valuation in Focus After AUD 50 Million Equity Raise

Tuas (ASX:TUA) has just wrapped up a follow-on equity offering, bringing in around AUD 50 million by issuing over 9 million new ordinary shares at AUD 5.51 each. Investors are watching closely as this capital injection is likely to shape Tuas’s next steps and how the market perceives its growth strategy. See our latest analysis for Tuas. Tuas shares have cooled off in the last month with a 15.5% drop, but when you zoom out, the momentum is still impressive. The past year’s total return stands...