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Mirvac Group ASX:MGR Stock Report

Last Price

AU$2.09

Market Cap

AU$8.2b

7D

-3.2%

1Y

-10.3%

Updated

25 Apr, 2024

Data

Company Financials +

MGR Stock Overview

Founded in 1972, Mirvac is an Australian Securities Exchange (ASX) top 50 company with an integrated asset creation and curation capability.

MGR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends2/6

Mirvac Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mirvac Group
Historical stock prices
Current Share PriceAU$2.09
52 Week HighAU$2.47
52 Week LowAU$1.82
Beta1.08
1 Month Change-10.30%
3 Month Change0%
1 Year Change-10.30%
3 Year Change-20.83%
5 Year Change-25.89%
Change since IPO-33.65%

Recent News & Updates

Recent updates

What Type Of Returns Would Mirvac Group's(ASX:MGR) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Feb 28
What Type Of Returns Would Mirvac Group's(ASX:MGR) Shareholders Have Earned If They Purchased Their SharesYear Ago?

How Much Is Mirvac Group's (ASX:MGR) CEO Getting Paid?

Jan 31
How Much Is Mirvac Group's (ASX:MGR) CEO Getting Paid?

How Many Mirvac Group (ASX:MGR) Shares Do Institutions Own?

Jan 03
How Many Mirvac Group (ASX:MGR) Shares Do Institutions Own?

Mirvac Group's (ASX:MGR) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?

Dec 07
Mirvac Group's (ASX:MGR) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?

Shareholder Returns

MGRAU REITsAU Market
7D-3.2%0.1%0.9%
1Y-10.3%-5.8%5.7%

Return vs Industry: MGR underperformed the Australian REITs industry which returned -5.8% over the past year.

Return vs Market: MGR underperformed the Australian Market which returned 5.7% over the past year.

Price Volatility

Is MGR's price volatile compared to industry and market?
MGR volatility
MGR Average Weekly Movement3.6%
REITs Industry Average Movement3.7%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market3.5%

Stable Share Price: MGR has not had significant price volatility in the past 3 months.

Volatility Over Time: MGR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19721,738Campbell Hananwww.mirvac.com

Founded in 1972, Mirvac is an Australian Securities Exchange (ASX) top 50 company with an integrated asset creation and curation capability. For more than 50 years, we’ve dedicated ourselves to creating extraordinary urban places and experiences. We have over $35 billion of assets under management, together with a $12 billion commercial and mixed use development pipeline, and a $17 billion residential development pipeline, enabling us to deliver innovative and high-quality property for our customers, while driving long-term value for our securityholders.

Mirvac Group Fundamentals Summary

How do Mirvac Group's earnings and revenue compare to its market cap?
MGR fundamental statistics
Market capAU$8.25b
Earnings (TTM)-AU$581.00m
Revenue (TTM)AU$2.36b

3.5x

P/S Ratio

-14.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGR income statement (TTM)
RevenueAU$2.36b
Cost of RevenueAU$1.59b
Gross ProfitAU$776.00m
Other ExpensesAU$1.36b
Earnings-AU$581.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 08, 2024

Earnings per share (EPS)-0.15
Gross Margin32.85%
Net Profit Margin-24.60%
Debt/Equity Ratio47.3%

How did MGR perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

245%

Payout Ratio
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