Mirvac Group (MGR) AI Stock Analysis

• Market Cap: $9.07B
• Dividend Yield: 3.85%
• Average Volume (3M): 11.38M
• Price to Earnings (P/E): 133.7
• Beta (1Y): 1.05
• Revenue Growth: -18.48%
• EPS Growth: N/A
• Country: AU
• Employees: 1,684
• Sector: Real Estate
• Sector Strength: 52
• Industry: REIT - Office
• EPS (TTM): 0.06
• Shares Outstanding: 3,945,860,000
• 10 Day Avg. Volume: 9,660,893
• 30 Day Avg. Volume: 11,377,528
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.43
• Enterprise Value/Revenue: 5.31
• Enterprise Value/Gross Profit: 22.39
• Enterprise Value/Ebitda: 30.56
• 1Y Price Target: $2.41
• Price Target Upside: 3.02% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 65 Neutral
• Price Target: AU$2.50 ▲(6.84% Upside)

Mirvac Group's overall stock score is primarily influenced by its financial performance and technical analysis. The company faces significant challenges with declining revenue and profitability, which are partially offset by a stable balance sheet. Positive technical indicators suggest some bullish momentum, but the high P/E ratio raises concerns about overvaluation. Investors should be cautious of the high valuation and focus on the company's ability to improve profitability and cash flow.

Mirvac Group Business Overview & Revenue Model

Company Description

Mirvac Group (MGR) is a leading Australian property group with an integrated business model comprising real estate investment, development, and capital management. The company operates across various sectors, including residential, office, retail, and industrial, providing high-quality real estate solutions and creating value for its stakeholders through innovative property development and management.

How the Company Makes Money

Mirvac Group makes money through a diversified revenue model that includes property development, property management, and investment income. The company generates revenue from the sale of residential properties, including apartments and master-planned communities. Additionally, Mirvac earns rental income from its extensive portfolio of commercial properties, such as office buildings, retail centers, and industrial facilities. The company also benefits from property management fees and capital gains on property investments. Moreover, Mirvac engages in strategic partnerships and joint ventures to enhance its development capabilities and expand its market presence, contributing to its overall earnings.

Mirvac Group Financial Statement Overview

Summary

Mirvac Group faces challenges with declining revenue and profitability, impacting its income statement and cash flow. The balance sheet remains robust with moderate leverage, but profitability metrics need improvement. The company should focus on enhancing revenue growth and cash flow generation to strengthen its financial position.

Income Statement

Mirvac Group's income statement shows mixed results. The company experienced a significant revenue decline of 18.23% in the most recent year, impacting profitability. Gross profit margin decreased to 23.73%, and net profit margin was low at 2.78%. However, the company maintained positive EBIT and EBITDA margins, indicating operational efficiency despite revenue challenges.

Balance Sheet

The balance sheet reflects a stable financial position with a moderate debt-to-equity ratio of 0.50, suggesting manageable leverage. The equity ratio is healthy, indicating a strong asset base supported by equity. However, the return on equity has been negative in recent years, highlighting profitability challenges.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth by 32.35%, indicating potential cash generation issues. The operating cash flow to net income ratio is low at 0.30, suggesting limited cash conversion efficiency. However, the free cash flow to net income ratio is nearly 1, showing that the company is generating cash close to its net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.44B	2.44B	2.95B	1.80B	2.25B	1.92B
Gross Profit	580.00M	580.00M	833.00M	799.00M	854.00M	909.00M
EBITDA	425.00M	278.00M	716.00M	41.00M	648.00M	1.11B
Net Income	68.00M	68.00M	-805.00M	-165.00M	906.00M	901.00M
Balance Sheet
Total Assets	15.08B	15.08B	15.56B	17.15B	17.38B	16.15B
Cash, Cash Equivalents and Short-Term Investments	236.00M	236.00M	335.00M	122.00M	558.00M	117.00M
Total Debt	4.54B	4.54B	4.48B	4.54B	4.29B	3.99B
Total Liabilities	6.02B	6.02B	6.21B	6.59B	6.18B	5.49B
Stockholders Equity	9.05B	9.05B	9.35B	10.56B	11.13B	10.59B
Cash Flow
Free Cash Flow	548.00M	548.00M	540.00M	-62.00M	888.00M	630.00M
Operating Cash Flow	550.00M	550.00M	542.00M	-57.00M	896.00M	635.00M
Investing Cash Flow	-155.00M	-155.00M	126.00M	-315.00M	-436.00M	-492.00M
Financing Cash Flow	-494.00M	-494.00M	-455.00M	-64.00M	-19.00M	-350.00M

Mirvac Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.34
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MGR, the sentiment is Positive. The current price of 2.34 is below the 20-day moving average (MA) of 2.34, above the 50-day MA of 2.27, and above the 200-day MA of 2.12, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 52.71 is Neutral, neither overbought nor oversold. The STOCH value of 23.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MGR.

Mirvac Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.11B	15.89	3.79%	4.97%	4.78%	6.63%
MGR	65 Neutral	$9.07B	133.72	0.71%	3.85%	-18.48%	―
CTOUF	―	$7.22B	47.43	24.58%	1.34%	―	―
FKKEF	―	$814.80M	17.83	4.86%	―	―	―
GMGSF	―	$44.84B	38.20	7.99%	0.90%	―	―
GPTGF	―	$6.80B	27.94	3.56%	4.63%	―	―
STGPF	―	$13.83B	14.66	7.71%	4.55%	―	―

Mirvac Group Corporate Events

Mirvac Group Announces Cessation of Securities

Mirvac Group announced the cessation of 410,458 LTP performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, particularly those holding or expecting these securities.

The most recent analyst rating on (AU:MGR) stock is a Hold with a A$2.45 price target. To see the full list of analyst forecasts on Mirvac Group stock, see the AU:MGR Stock Forecast page.

Mirvac Group Announces 4.5 Cents Distribution from Property Trust

Mirvac Group has announced a distribution of 4.5 cents per stapled security from Mirvac Property Trust, with no dividend being paid from Mirvac Limited. The distribution relates to the six-month period ending June 30, 2025, with key dates including an ex-date of June 27, 2025, a record date of June 30, 2025, and a payment date of August 28, 2025. This announcement reflects Mirvac’s ongoing commitment to providing returns to its investors, potentially impacting its market positioning and stakeholder relations positively.

The most recent analyst rating on (AU:MGR) stock is a Hold with a A$2.35 price target. To see the full list of analyst forecasts on Mirvac Group stock, see the AU:MGR Stock Forecast page.

Mirvac Group Announces Cessation of Performance Rights

Mirvac Group announced the cessation of certain securities, specifically the lapse of 646,913 LTP performance rights and 144,645 STI performance rights, due to unmet conditions. This cessation may impact the company’s capital structure and could influence investor perceptions regarding the company’s performance and future prospects.