Mirvac Group
ASX:MGR

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Mirvac Group
ASX:MGR
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Price: 2.085 AUD 1.71%
Market Cap: 8.2B AUD

Relative Value

The Relative Value of one MGR stock under the Base Case scenario is 4.037 AUD. Compared to the current market price of 2.085 AUD, Mirvac Group is Undervalued by 48%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MGR Relative Value
Base Case
4.037 AUD
Undervaluation 48%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
76
vs Industry
52
Median 3Y
3.5
Median 5Y
3.8
Industry
3.8
Forward
3.3
vs History
9
vs Industry
29
Median 3Y
-10.6
Median 5Y
9.1
Industry
16.2
Forward
15.9
vs History
66
vs Industry
38
Median 3Y
15.7
Median 5Y
16.1
Industry
11.2
vs History
85
vs Industry
28
Median 3Y
10.4
Median 5Y
10.3
Industry
12.8
vs History
41
vs Industry
40
Median 3Y
0.9
Median 5Y
0.9
Industry
0.9
vs History
77
vs Industry
55
Median 3Y
5.2
Median 5Y
5.7
Industry
6.9
Forward
4.8
vs History
19
vs Industry
36
Median 3Y
14.1
Median 5Y
14.4
Industry
12.5
vs History
9
vs Industry
21
Median 3Y
24
Median 5Y
23.1
Industry
15.8
Forward
14.3
vs History
9
vs Industry
29
Median 3Y
24
Median 5Y
23.1
Industry
19.1
Forward
14.5
vs History
63
vs Industry
42
Median 3Y
23
Median 5Y
22.8
Industry
18.5
vs History
63
vs Industry
38
Median 3Y
23
Median 5Y
22.9
Industry
20.5
vs History
38
vs Industry
35
Median 3Y
0.8
Median 5Y
0.8
Industry
0.8

Multiples Across Competitors

MGR Competitors Multiples
Mirvac Group Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Mirvac Group
ASX:MGR
8.2B AUD 3.3 121 30 30
ZA
Growthpoint Properties Ltd
JSE:GRT
57.5B Zac 0 0 0 0
ZA
Redefine Properties Ltd
JSE:RDF
37.4B Zac 0 0 0 0
US
WP Carey Inc
NYSE:WPC
14.2B USD 8.5 39 16.5 26.2
ZA
Attacq Ltd
JSE:ATT
11.4B Zac 0 0 0 0
ZA
Fairvest Ltd
JSE:FTA
11.1B Zac 0 0 0 0
JP
KDX Realty Investment Corp
OTC:KDXRF
9.5B USD 18.7 43.2 38.9 49
AU
Stockland Corporation Ltd
ASX:SGP
14.1B AUD 4.5 17 23.3 23.3
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
8.3B Zac 0 0 0 0
AU
Charter Hall Group
ASX:CHC
12B AUD 17.4 53.1 26.6 26.6
ES
MERLIN Properties SOCIMI SA
MAD:MRL
6.8B EUR 13.2 10.7 26.6 26.9
P/S Multiple
Revenue Growth P/S to Growth
AU
Mirvac Group
ASX:MGR
Average P/S: 10.9
3.3
0%
N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-10%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
-9%
N/A
US
WP Carey Inc
NYSE:WPC
8.5
6%
1.4
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
18.7
-4%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
4.5
10%
0.4
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
-15%
N/A
AU
Charter Hall Group
ASX:CHC
17.4
14%
1.2
ES
MERLIN Properties SOCIMI SA
MAD:MRL
13.2
10%
1.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Mirvac Group
ASX:MGR
Average EV/EBITDA: 27
30
36%
0.8
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-1%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
1%
N/A
US
WP Carey Inc
NYSE:WPC
16.5
8%
2.1
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
38.9
-2%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
23.3
19%
1.2
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
0%
N/A
AU
Charter Hall Group
ASX:CHC
26.6
21%
1.3
ES
MERLIN Properties SOCIMI SA
MAD:MRL
26.6
10%
2.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Mirvac Group
ASX:MGR
Average EV/EBIT: 30.4
30
35%
0.9
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
5%
N/A
US
WP Carey Inc
NYSE:WPC
26.2
11%
2.4
ZA
A
Attacq Ltd
JSE:ATT
Not Available
4%
N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
49
N/A N/A
AU
Stockland Corporation Ltd
ASX:SGP
23.3
18%
1.3
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available N/A N/A
AU
Charter Hall Group
ASX:CHC
26.6
20%
1.3
ES
MERLIN Properties SOCIMI SA
MAD:MRL
26.9
20%
1.3