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Mirvac Group (MGR) Fair Value & Analysis

Real Estate · AU · Market cap A$6.6B

MG Mirvac Group MGR · AU
PriceA$1.77
Fair ValueA$0.5900
Upside-66.7%
Quality95/100
Evidence: High Range A$0.2200 – A$1.00

Fair value as of: Jun 26, 2026

From 22 valuation models · updated 3 days ago

Share price +1.8% over the past month.

Price vs Fair Value (12 months)

A$2.45 A$1.67 Fair Value A$0.5900 Jun 2025 Jun 2026

12‑month range A$1.67 – A$2.45 · fair‑value band A$0.2200 – A$1.00 · the A$1.77 price screens above the A$0.5900 fair value. As of Jun 26, 2026.

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Analysis

Mirvac Group (MGR) currently trades at A$1.77, while our model-based Fair Value estimate is A$0.5900 — implying the stock looks roughly 66.7% overvalued today. We read business quality at 95/100 (high quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Mirvac Group generated revenue of A$2.9B at a net margin of 13.2%. Revenue grew 21.7% year over year. It earns a return on equity of 4.2%. Net debt stands at A$4.3B. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$2.9B
Revenue growth (YoY) +21.7%
Net margin 13.2%
Return on equity 4.2%
Free cash flow A$548M FY2025
P/E ratio 16.7
More key figures
Operating margin 26.4%
EPS (TTM) A$0.1000
Dividend yield 5.6%
EPS growth (YoY) +31,987%
Net debt A$4.3B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Mirvac Group is an Australian Securities Exchange listed company, with an integrated asset creation and curation capability. 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. Its development activities span commercial and mixed-use and residential, with a development pipeline of approximately 29 billion dollars. The firm focus on delivering high-quality, innovative and sustainable real estate for our customers, while driving long-term value for their securityholders. Mirvac Group was founded in 1972 and incorporated in Australia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mirvac Group reported revenue of A$2.4B in FY2025 versus A$1.9B in FY2021, a compound +6.3%/yr. Reported net income was A$68.0M in FY2025, compounding −47.6%/yr from FY2021.

Revenue +6.3%/yr
FY21 A$1.9B
FY22 A$2.2B
FY23 A$1.8B
FY24 A$3.0B
FY25 A$2.4B
Net income −47.6%/yr
FY21 A$901M
FY22 A$906M
FY23 −A$165M
FY24 −A$805M
FY25 A$68.0M

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Frequently asked questions

Is Mirvac Group (MGR) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$0.5900 versus a price of A$1.77 — about −67% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MGR?
Our 21-model fair value for Mirvac Group is A$0.5900 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$1.77.
What is the quality score of MGR?
Mirvac Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mirvac Group (MGR)?
Mirvac Group reported trailing-twelve-month revenue of about A$2.9B (latest available figure, as of Jun 26, 2026).
What is the net profit margin of MGR?
The net profit margin of Mirvac Group is about 13.2%, meaning it keeps roughly 13.2% of revenue as net income. Based on the latest reported figures.
Does Mirvac Group pay a dividend?
Mirvac Group currently shows a dividend yield of about 5.59% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.