Mirvac is a reit - diversified business based in Australia. Mirvac shares (MGR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Mirvac has a trailing 12-month revenue of around $3 billion. If you're looking to buy shares, check out the steps below.
To buy shares listed in Australia such as Mirvac, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose or you can see our list of the best share trading platforms in Australia. Then follow these steps.
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| 52-week range | $1.7209 - $2.3155 |
|---|---|
| 50-day moving average | $1.9888 |
| 200-day moving average | $2.0806 |
| Target price | $2.16 |
| PE ratio | N/A |
| Dividend yield | $0.105 (5.88%) |
| Earnings per share (TTM) | $-0.2 |
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.
Historical closes compared with the last close of A$2.07
| 1 week (2024-08-28) | 3.50% |
|---|---|
| 1 month (2024-08-05) | 1.97% |
| 3 months (2024-06-05) | 2.48% |
| 6 months (2024-03-05) | -3.72% |
| 1 year (2023-09-05) | -14.46% |
|---|---|
| 2 years (2022-09-05) | 0.49% |
| 3 years (2021-09-03) | -33.44% |
| 5 years (2019-09-05) | -34.08% |
Valuing Mirvac stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Mirvac's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Mirvac's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $664 million (£0.0 million).
The EBITDA is a measure of a Mirvac's overall financial performance and is widely used to measure stock profitability.
| Revenue TTM | $3 billion |
|---|---|
| Operating margin TTM | 19.9% |
| Gross profit TTM | $1 billion |
| Return on assets TTM | 2.32% |
| Return on equity TTM | -8.09% |
| Profit margin | -26.52% |
| Book value | 2.37 |
| Market capitalisation | $8 billion |
TTM: trailing 12 months
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Mirvac.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 15.14
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Mirvac's overall score of 15.14 (as at 12/31/2018) is excellent – landing it in it in the 9th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Mirvac is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 6.88/100
Mirvac's environmental score of 6.88 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Mirvac is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 7.06/100
Mirvac's social score of 7.06 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Mirvac is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 11.2/100
Mirvac's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Mirvac is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Mirvac scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Mirvac has, for the most part, managed to keep its nose clean.
Mirvac Group was last rated for ESG on: 2019-01-01.
| Total ESG score | 15.14 |
|---|---|
| Total ESG percentile | 8.92 |
| Environmental score | 6.88 |
| Environmental score percentile | 8 |
| Social score | 7.06 |
| Social score percentile | 8 |
| Governance score | 11.2 |
| Governance score percentile | 8 |
| Level of controversy | 2 |
Dividend payout ratio: 72.54% of net profits
Recently Mirvac has paid out, on average, around 72.54% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.88% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Mirvac shareholders could enjoy a 5.88% return on their shares, in the form of dividend payments. In Mirvac's case, that would currently equate to about A$0.105 per share.
Mirvac'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 26 June 2024 (the "ex-dividend date").
Mirvac's shares were split on a 110:100 basis on 8 June 2009. So if you had owned 100 shares the day before the split, the next day you would own 110 shares. This wouldn't directly have changed the overall worth of your Mirvac shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for Mirvac shares which in turn could have impacted Mirvac's share price.
Over the last 12 months, Mirvac's shares have ranged in value from as little as $1.7209 up to $2.3155. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Mirvac's is 1.168. This would suggest that Mirvac's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).
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.
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