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Mirvac Group is currently in a long term uptrend where the price is trading 16.4% above its 200 day moving average.
From a valuation standpoint, the stock is 53.5% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 5.4.
Mirvac Group's total revenue sank by 20.4% to $998M since the same quarter in the previous year.
Its net income has dropped by 35.4% to $396M since the same quarter in the previous year.
Finally, its free cash flow grew by 25.4% to $439M since the same quarter in the previous year.
Based on the above factors, Mirvac Group gets an overall score of 3/5.
Industry | REIT-Diversified |
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Sector | Real Estate |
ISIN | AU000000MGR9 |
CurrencyCode | AUD |
Exchange | AU |
Dividend Yield | 5.0% |
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PE Ratio | 15.56 |
Beta | 1.01 |
Target Price | 2.37 |
Market Cap | 9B |
Mirvac is an Australian property group with a clearly defined purpose to reimagine urban life. By creating beautiful homes, inspiring workplace precincts and thriving shopping centres, we aim to make a positive contribution to our cities and communities. Mirvac was founded in 1972, which means we've been shaping Australia's urban landscape for almost fifty years. Of course, we've evolved a lot over that time " growing from a small joint venture to become a thriving ASX-listed property group that leads the way in innovation, sustainability and placemaking. Renowned for the quality of our products, we've created some of Australia's most iconic places and precincts, from thriving masterplanned communities, to landmark offices including our own headquarters at EY Centre, 200 George Street, Sydney. At the heart of every project there exists a deep commitment to our customers and communities.
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