MGR · ASX

Mirvac Group (ASX:MGR)

AU$1.92

 -0.01 (-0.506%)
ASX:Live
30/12/2024 04:10:27 PM
Hammer Bullish Hammer Bearish HALO Ords HALO Growth HALO 200 +6
Consensus Score
/10
Recommend
Target Price
Deviation
Unlock Full Consensus Insights

MGR Overview

MGR Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Very Weak

Halo Model

MQV

Strong

GARP

Neutral

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Neutral

Earnings

Weak

Growth

Earnings

Very Weak

Dividends

Very Strong

Quality

Capital Efficiency

Strong

Balance Sheet

Very Strong

About MGR

Telephone

Address

Description

Mirvac Group engages in real estate investment, development, third party capital management, and property asset management. It operates through the following segments: Investment, Funds, and Development. The Investment segment engages in directly owned assets, co-investment stakes in funds, and investments in joint ventures and associates alongside capital partners. The Funds segment includes both funds management and asset management operations. The Development segment deals with commercial and mixed-used and residential projects. The company was founded by Henry Pollack and Robert Hamilton in 1972 and is headquartered in Sydney, Australia.

MGR Price Chart

Key Stats

Market Cap

AU$7.81B

PE

15.00

EV/EBITDA

15.6

Dividends Overview

DIV Yield

4.9%

Franking

N/A

Ex Dividend Date (est.)

30-Dec-24

Market Data

52 weeks range

Low 1.8 - 2.39

Trade Value (12mth)

AU$7,187,311.00

1 week

-0.25%

1 month

-8.56%

YTD

-4.13%

1 year

-5.5%

All time high

5.60

Key Fundamentals

EPS 3 yr Growth

-189.20%

EBITDA Margin

23.70%

Operating Cashflow

$542m

Free Cash Flow Return

3.80%

ROIC

-5.70%

Interest Coverage

2.80

Quick Ratio

0.00

Other Data

Shares on Issue (Fully Dilluted)

3945m

HALO Sector

Next Company Report Date

06-Aug-25

Ex Dividend Date (est.)

30-Dec-24

Next Dividend Pay Date (est.)

27-Feb-25

Reporting Currency

AUD

Short Sell (% of issue)

3.09

MGR Announcements

Latest Announcements

Date Announcements

19 December 24

Change in substantial holding

×

Change in substantial holding

17 December 24

Dividend/Distribution - MGR

×

Dividend/Distribution - MGR

17 December 24

Appendix 3D Extension to Buy-back

×

Appendix 3D Extension to Buy-back

04 December 24

Notification regarding unquoted securities - MGR

×

Notification regarding unquoted securities - MGR

04 December 24

Appendix 3Y - Campbell Hanan

×

Appendix 3Y - Campbell Hanan

02 December 24

Notification regarding unquoted securities - MGR

×

Notification regarding unquoted securities - MGR

02 December 24

Appendix 3Y - Rob Sindel

×

Appendix 3Y - Rob Sindel

02 December 24

Appendix 3Y - James Cain

×

Appendix 3Y - James Cain

02 December 24

Appendix 3X - Rosemary Hartnett

×

Appendix 3X - Rosemary Hartnett

02 December 24

Notification of cessation of securities - MGR

×

Notification of cessation of securities - MGR

15 November 24

Mirvac Group 2024 AGM

×

Mirvac Group 2024 AGM

15 November 24

Results of Mirvac Group 2024 AGM

×

Results of Mirvac Group 2024 AGM

31 October 24

Notification of cessation of securities - MGR

×

Notification of cessation of securities - MGR

22 October 24

1Q25 Operational Update

×

1Q25 Operational Update

14 October 24

Mirvac 2024 Investor Day Living & Logistics

×

Mirvac 2024 Investor Day Living & Logistics

09 October 24

Board composition changes

×

Board composition changes

09 October 24

2024 Notice of Annual General & General Meetings

×

2024 Notice of Annual General & General Meetings

24 September 24

Change in substantial holding

×

Change in substantial holding

16 September 24

Appendix 3Y - Campbell Hanan

×

Appendix 3Y - Campbell Hanan

11 September 24

Notification regarding unquoted securities - MGR

×

Notification regarding unquoted securities - MGR

11 September 24

Notification regarding unquoted securities - MGR

×

Notification regarding unquoted securities - MGR

11 September 24

Appendix 3Y Robert Sindel

×

Appendix 3Y Robert Sindel

11 September 24

Appendix 3Y James Cain

×

Appendix 3Y James Cain

11 September 24

Appendix 3Y Campbell Hanan

×

Appendix 3Y Campbell Hanan

30 August 24

2024 AGM update

×

2024 AGM update

MGR Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.23 -0.04 -0.20 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.23 -0.04 -0.20 Lock Lock Lock
     Growth % Lock Lock Lock Lock 0.4 -118.2 -388.3 Lock Lock Lock
     PE X Lock Lock Lock Lock 14.6 16.1 15.0 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 16.7 16.8 15.6 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.15 0.14 0.14 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.12 -0.12 0.04 Lock Lock Lock
     Growth % Lock Lock Lock Lock 9.0 -9.9 1.5 Lock Lock Lock
     Yield % Lock Lock Lock Lock 6.3 -5.2 2.1 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.10 0.10 0.10 Lock Lock Lock
     Growth % Lock Lock Lock Lock 3.0 2.9 0.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 4.9 4.6 4.9 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 44 0 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 2.82 2.68 2.37 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 2.80 2.66 2.35 Lock Lock Lock
     Growth % Lock Lock Lock Lock 4.9 -5.2 -11.5 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 3,942 3,944 3,946 Lock Lock Lock
Basic m Lock Lock Lock Lock 3,941 3,944 3,945 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 2,301 1,892 3,025 Lock Lock Lock
     Growth % Lock Lock Lock Lock 27.6 -17.8 59.9 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 152 204 132 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 854 835 891 Lock Lock Lock
     Growth % Lock Lock Lock Lock 13.4 -2.2 6.7 Lock Lock Lock
     Margin % Lock Lock Lock Lock 37.1 44.1 29.5 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 63 56 71 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 648 536 716 Lock Lock Lock
     Growth % Lock Lock Lock Lock 12.1 -17.3 33.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 28.2 28.3 23.7 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 83 73 75 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 565 463 641 Lock Lock Lock
     Growth % Lock Lock Lock Lock 11.4 -18.1 38.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock 24.6 24.5 21.2 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 876 -220 -543 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 78 -17 25 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 906 -165 -805 Lock Lock Lock
     Growth % Lock Lock Lock Lock 0.6 -118.2 -387.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock 39.4 -8.7 -26.6 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 896 -57 542 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 8 5 2 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -436 -315 126 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -19 -64 -455 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 889 -60 541 Lock Lock Lock
     Growth % Lock Lock Lock Lock 40.7 -106.7 1,001.7 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.4 -0.0 0.2 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 30 83 58 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 558 122 335 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 17,377 17,150 15,746 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 4,002 4,282 4,290 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 3,733 4,418 4,145 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 6,185 6,593 6,395 Lock Lock Lock
Equity $m Lock Lock Lock Lock 11,126 10,557 9,351 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 15,128 14,839 13,641 Lock Lock Lock
     Growth % Lock Lock Lock Lock 3.8 -1.9 -8.1 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 5.2 -1.0 -5.1 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 8.1 -1.6 -8.6 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 3.8 3.0 4.4 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 6.1 -1.1 -5.7 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 6.0 -0.4 3.8 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock 5.4 3.1 2.8 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 5.8 8.2 5.8 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 33.6 41.8 44.3 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 11.9 9.5 9.0 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 2.3 1.0 1.5 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.1 0.1 0.2 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.1 0.1 0.2 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 38.1 -11.6 -18.0 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 5.0 -1.3 -3.4 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 8.9 0.0 0.0 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 5.2 -1.0 -5.1 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.6 1.6 1.7 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 8.1 -1.6 -8.6 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 55.6 351.2 151.4 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 4.5 -5.5 -13.0 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 158.2 367.1 244.0 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 30.8 38.6 40.7 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 188.9 405.7 284.7 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 188.9 405.7 284.7 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

30-Dec-24

DIV Yield

4.9%

Franking Level

N/A

DPSg

0.00%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

Upload your portfolio and gain access to 3-year dividend forecasts for each holding with HALO Global. Empower your decision-making and maximize returns with our advanced analytical tool. Try it today.

Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

3.09%

Value ($M)

234

Prior Change

N/A

7 Day Change

-0.10%

1 Month Change

-0.20%

3 Month Change

0.20%

Discover
Short-selling
Opportunities

Access data on short interest, stock performance, and potential short-selling candidates across various markets to make informed decisions and optimize your trading strategies.

MGR Shortsell

Frequently Asked Questions

The current share price of Mirvac Group (MGR:ASX) is AU$1.92.
The 52-week high share price for Mirvac Group (MGR:ASX) is AU$2.39.
The 52-week low share price for Mirvac Group (MGR:ASX)? is AU$1.80.
The current TTM dividend payout for Mirvac Group (MGR:ASX) is 4.90.
The last dividend payment of Mirvac Group (MGR:ASX) is AU$0.06.
Mirvac Group (MGR:ASX) has a franking level of 0.0%.
Mirvac Group (MGR:ASX) is classified in the Real Estate.
The current P/E ratio for Mirvac Group (MGR:ASX) is 15.00.