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How to buy Mirrabooka Investments (MIR) shares

Learn how to easily invest in Mirrabooka Investments shares.

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Mirrabooka Investments is an asset management business based in Australia. Mirrabooka Investments shares (MIR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Mirrabooka Investments has a trailing 12-month revenue of around $10.9 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Mirrabooka Investments

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Mirrabooka Investments . Find the share by name or ticker symbol: MIR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Mirrabooka Investments reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check on your investment. Congratulations, you own a part of Mirrabooka Investments . Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

Mirrabooka Investments stock price (ASX:MIR)

Use our graph to track the performance of MIR stocks over time.

Mirrabooka Investments shares at a glance

Information last updated 2022-06-21.
52-week range$2.56 - $4.1637
50-day moving average $3.1632
200-day moving average $3.6336
Target price$2.59
PE ratio 63.5714
Dividend yield $0.1 (3.8%)
Earnings per share (TTM) $0.042

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
1 - 10 of 10
Name Product Standard brokerage fee Inactivity fee Markets
ThinkMarkets Share Trading
$8
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ASX shares
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IG Share Trading
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Exclusive: Finder customers who apply for a share trading account in June will be able to trade Aussie shares from $2.50 commission until the end of August. T&Cs apply.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
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Exclusive
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Get started with $0 brokerage on ASX and US stocks for the first 3 months upon completion of your first qualifying deposit. Also receive a free Apple share if you deposit $3,000 or more.
SelfWealth (Basic account)
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CMC Markets Invest
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$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 35,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
Bendigo Invest Direct
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Gain access to 12 markets from one account with Bendigo.
Invest in Australian shares and access major international markets through a trusted local brand. Plus, fine tune your investment knowledge with Bendigo’s advanced research and analysis tools.
GO Markets Share Trading
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Zero Brokerage on your next 50 trades!
Simply transfer an existing HIN before 30 June and pay no fees on your next 50 transactions. Alternatively, transfer your existing shares and receive 5 transactions at zero cost for each shareholding transferred, once again up to 50 free trades. T & Cs apply
Saxo Capital Markets (Classic account)
$5
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Access 22,000+ stocks on 50+ exchanges worldwide
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Bell Direct Share Trading
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Enjoy $0 brokerage on US stocks and buying ETFs as well as a flat $5 fee to trade Australian shares.
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Is it a good time to buy Mirrabooka Investments stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Mirrabooka Investments price performance over time

Historical closes compared with the last close of A$2.69

1 week (2022-06-17) 3.46%
1 month (2022-05-24) -15.14%
3 months (2022-03-24) -19.94%
6 months (2021-12-24) -32.24%
1 year (2021-06-24) inf%
2 years (2020-06-24) inf%
3 years (2019-06-24) inf%
5 years (2017-06-23) inf%

Is Mirrabooka Investments under- or over-valued?

Valuing Mirrabooka Investments stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Mirrabooka Investments 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Mirrabooka Investments 's P/E ratio

Mirrabooka Investments 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 64x. In other words, Mirrabooka Investments shares trade at around 64x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Mirrabooka Investments financials

Revenue TTM $10.9 million
Operating margin TTM 73.99%
Gross profit TTM $9.9 million
Return on assets TTM 0.85%
Return on equity TTM 1.46%
Profit margin 66.56%
Book value 3.17
Market capitalisation $507.7 million

TTM: trailing 12 months

Mirrabooka Investments share dividends

Dividend payout ratio: 137.5% of net profits

Recently Mirrabooka Investments has paid out, on average, around 137.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.8% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Mirrabooka Investments shareholders could enjoy a 3.8% return on their shares, in the form of dividend payments. In Mirrabooka Investments 's case, that would currently equate to about A$0.1 per share.

Mirrabooka Investments 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 24 January 2022 (the "ex-dividend date").

Have Mirrabooka Investments 's shares ever split?

Mirrabooka Investments 's shares were split on 22 November 2021. This wouldn't directly have changed the overall worth of your Mirrabooka Investments shares – just the quantity. However, indirectly, the new 100% lower share price could have impacted the market appetite for Mirrabooka Investments shares which in turn could have impacted Mirrabooka Investments 's share price.

Mirrabooka Investments share price volatility

Over the last 12 months, Mirrabooka Investments 's shares have ranged in value from as little as $2.56 up to $4.1637. A popular way to gauge a stock's volatility is its "beta".

MIR.AU volatility(beta: 0.64)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Mirrabooka Investments 's is 0.6395. This would suggest that Mirrabooka Investments 's shares are less volatile than average (for this exchange).

Mirrabooka Investments overview

Mirrabooka Investments Limited is a publicly owned investment manager. It invests in the public equity markets of Australia and New Zealand. The firm primarily invests in value stocks of small-cap and mid-cap companies, targeting companies which fall outside the top 50 listed companies, by market capitalization, on the Australian Stock Exchange. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolios. The firm obtains external research to complement its in-house research. It typically invests in companies from industrials, healthcare, bank and materials sectors. Mirrabooka Investments Limited was founded in April 1999 and is based in Melbourne, Australia.

Mirrabooka Investments in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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