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MG

Mirvac Group

MGR.AXReal EstateASX

REIT - Diversified

PriceMA150MA200
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Financials · Annual
Revenue
$2.44B
-17.2% YoY
Net Income
$68.0M
+108.4% YoY
EBITDA
$278.0M
+154.6% YoY
Free Cash Flow
$862.5M

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About Mirvac Group

Part of the real estate sector, Mirvac Group (MGR.AX) is listed under REIT - Diversified. Valued at $6.74B, MGR.AX is a mid-cap name in its sector. They own and manage assets across office, retail, industrial and the living sectors in their investment portfolio, with approximately 22 billion dollars of assets under management.

Key stats
Market Cap$6.74B
P/E (TTM)17.07
Fwd P/E12.83
EPS$0.10
Beta0.91
52W Change-27.3%
Dividend Yield5.48%
ROE4.2%
Analysis

On the balance sheet, MGR.AX has $126.0M in cash with $4.05B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $862.5M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 4.2%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.9% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $2.25B (2022) to $2.44B (2025).

Mirvac Group carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing MGR.AX.

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