PINX: MRVGF
- Last Close 1.3
- Sector Real Estate
- Industry REIT - Diversified
- Investment Style Mid Value
- Day Range 1.30 – 1.30
- Year Range 1.01 – 1.68
- Market Cap 5.1296 Bil
- Volume / Avg 793.0 / 9,592.3
- Price / Sales 4.52
- Price / Book 0.71
- Forward Div Yield 5.39%
- Trailing Div Yield 7.92%
Morningstar‘s Stock Analysis MRVGF
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
Company Profile MRVGF
Mirvac is one of Australia’s largest residential developers, particularly apartments. Residential development earnings are volatile, generating about a fifth of EBIT in fiscal 2022, despite 88% of the group’s invested capital being allocated to passive property ownership. Over our 10-year discrete forecast period we don't expect residential development to exceed the lofty peaks seen in 2017, when Mirvac settled 3,400 residential lots, however, we expect modest growth over time as Mirvac gains market share. About 80% of Mirvac’s earnings come from a predictable commercial property portfolio, more than half of which is office and another fourth in retail, a small industrial portfolio, and a small but growing build-to-rent residential portfolio.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of MRVGF’s competitive advantage.
Mirvac Group
PINX: MRVGF
| Dexus
XASX: DXS
| GPT Group
XASX: GPT
| Stockland Corp Ltd
XASX: SGP
| |
Price
| 1.30 | 8.21 | 4.19 | 4.26 |
Currency
| USD | AUD | AUD | AUD |
Change
| −$0.20 (13.04%) | +$0.11 (1.36%) | −$0.08 (1.87%) | −$0.10 (2.29%) |
Market Cap
| 5.13 Bil | 8.83 Bil | 8.03 Bil | 10.17 Bil |
Industry
| REIT - Diversified | REIT - Office | REIT - Diversified | REIT - Diversified |
Sector
|
Real Estate
|
Real Estate
|
Real Estate
|
Real Estate
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Mirvac Group Stock
Yes. MRVGF has a forward dividend yield of 3.63%.
See
MRVGF’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
MRVGF’s market cap is 5.13 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
MRVGF’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
MRVGF’s price/sales is 4.26.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
MRVGF’s price/forward earnings is 13.22.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
MRVGF’s price/book is 0.68.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See MRVGF’s valuation ratios compared to the Market Index.
MRVGF’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare MRVGF’s historical performance against its industry peers and the overall market.