tiprankstipranks
Advertisement
Advertisement

Mirrabooka NTA Slips as Mid and Small-Cap Portfolio Holds Course

Story Highlights
  • Mirrabooka’s pre and post-tax NTA per share fell in March as its $619.8 million mid and small-cap portfolio remained heavily invested in top holdings.
  • The diversified portfolio across key sectors and low-cost, long-term strategy underpins Mirrabooka’s pitch for tax-effective income and mid-cap growth exposure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mirrabooka NTA Slips as Mid and Small-Cap Portfolio Holds Course

Claim 30% Off TipRanks

Mirrabooka Investments Ltd ( (AU:MIR) ) has issued an update.

Mirrabooka Investments reported a decline in its net tangible asset backing per share as at 31 March 2026, with pre-tax NTA falling to $2.72 from $3.06 a month earlier and after-tax NTA easing to $2.58 from $2.81. The company’s $619.8 million portfolio remains concentrated in mid and small-cap names such as Macquarie Technology Group, ALS, CAR Group and ARB Corporation, with the top 20 holdings accounting for 52.7% of invested assets.

The portfolio is diversified across industrials, information technology, financials and consumer sectors, with only a small allocation to cash, underscoring its long-term, fully invested strategy. Mirrabooka highlights its low-cost, bottom-up investment approach and consistent after-tax returns over time, positioning itself as a vehicle for investors seeking tax-effective income and exposure to Australian mid and small-cap growth opportunities.

The most recent analyst rating on (AU:MIR) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Mirrabooka Investments Ltd stock, see the AU:MIR Stock Forecast page.

More about Mirrabooka Investments Ltd

Mirrabooka Investments Ltd is an Australian listed investment company focused on small and medium-sized companies outside the S&P/ASX 50 Leaders Index. It manages a diversified portfolio of predominantly ASX-listed mid and small-cap equities, aiming to deliver medium to long-term capital growth and attractive fully franked dividends at low management cost.

Average Trading Volume: 149,230

Technical Sentiment Signal: Hold

Current Market Cap: A$579.8M

For a thorough assessment of MIR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1