Mirvac Group
ASX:MGR

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Mirvac Group Logo
Mirvac Group
ASX:MGR
Watchlist
Price: 2.28 AUD -0.87% Market Closed
Market Cap: 9B AUD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one MGR stock under the Base Case scenario is 4.09 AUD. Compared to the current market price of 2.28 AUD, Mirvac Group is Undervalued by 44%.

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
4.09 AUD
Undervaluation 44%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

3.1
P/S
P/S
Price to Sales
3.1
vs History
80
vs Industry
52
Median 3Y
3.5
Median 5Y
3.8
Industry
3.6
Forward
3.4
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
29
Median 3Y
-10.6
Median 5Y
8.7
Industry
16.5
Forward
18.8
More Details
11.1
P/OCF
P/OCF
Price to OCF
11.1
vs History
68
vs Industry
38
Median 3Y
13.8
Median 5Y
16.1
Industry
10.9
More Details
11.9
P/FCFE
P/FCFE
Price to FCFE
11.9
vs History
23
vs Industry
28
Median 3Y
10.4
Median 5Y
10.4
Industry
12.8
More Details
1
P/B
P/B
Price to Book Value
1
vs History
9
vs Industry
40
Median 3Y
0.8
Median 5Y
0.8
Industry
0.8
More Details
4.5
EV/S
EV/S
Enterprise Value to Sales
4.5
vs History
80
vs Industry
55
Median 3Y
5.3
Median 5Y
5.7
Industry
6.4
Forward
5
More Details
14.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
14.8
vs History
28
vs Industry
36
Median 3Y
13.8
Median 5Y
14.1
Industry
11.8
More Details
23.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
23.7
vs History
31
vs Industry
21
Median 3Y
22.5
Median 5Y
22.2
Industry
15.8
Forward
16.3
More Details
23.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
23.7
vs History
31
vs Industry
29
Median 3Y
22.5
Median 5Y
22.2
Industry
18.9
Forward
16.6
More Details
16
EV/OCF
EV/OCF
Enterprise Value to OCF
16
vs History
68
vs Industry
42
Median 3Y
20.8
Median 5Y
22.7
Industry
18.4
More Details
16.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
16.1
vs History
68
vs Industry
38
Median 3Y
20.9
Median 5Y
22.9
Industry
20.2
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
15
vs Industry
35
Median 3Y
0.8
Median 5Y
0.8
Industry
0.7
More Details

Multiples Across Competitors

MGR Competitors Multiples
Mirvac Group Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Mirvac Group
ASX:MGR
9B AUD 3.1 -14.9 23.7 23.7
ZA
Growthpoint Properties Ltd
JSE:GRT
45.2B Zac 0 0 0 0
ZA
Redefine Properties Ltd
JSE:RDF
30.5B Zac 0 0 0 0
US
WP Carey Inc
NYSE:WPC
13.5B USD 8.5 31.8 16.4 27
ZA
Attacq Ltd
JSE:ATT
10.3B Zac 0 0 0 0
JP
KDX Realty Investment Corp
OTC:KDXRF
9.6B USD 17.7 28 36.6 45.5
AU
Stockland Corporation Ltd
ASX:SGP
12.9B AUD 4.2 28.8 25.3 25.3
FR
Gecina SA
PAR:GFC
6.8B EUR 9.7 21.8 22.7 23.2
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
7.2B Zac 0 0 0 0
ZA
Fairvest Ltd
JSE:FTA
7B Zac 0 0 0 0
US
STORE Capital Corp
LSE:0LA6
6.8B USD 7.7 21.4 14.6 23.3
P/S Multiple
Revenue Growth P/S to Growth
AU
Mirvac Group
ASX:MGR
Average P/S: 8.5
3.1
-1%
N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-14%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
-14%
N/A
US
WP Carey Inc
NYSE:WPC
8.5
3%
2.8
ZA
A
Attacq Ltd
JSE:ATT
Not Available
-13%
N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
17.7
0%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
4.2
10%
0.4
FR
Gecina SA
PAR:GFC
9.7
3%
3.2
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
-20%
N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
US
S
STORE Capital Corp
LSE:0LA6
7.7
8%
1
P/E Multiple
Earnings Growth PEG
AU
Mirvac Group
ASX:MGR
Average P/E: 26.4
Negative Multiple: -14.9 		N/A N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-65%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
2%
N/A
US
WP Carey Inc
NYSE:WPC
31.8
12%
2.6
ZA
A
Attacq Ltd
JSE:ATT
Not Available
-4%
N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
28
-13%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
28.8
44%
0.7
FR
Gecina SA
PAR:GFC
21.8
19%
1.1
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
9%
N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
US
S
STORE Capital Corp
LSE:0LA6
21.4
10%
2.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Mirvac Group
ASX:MGR
Average EV/EBITDA: 23.2
23.7
13%
1.8
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
0%
N/A
US
WP Carey Inc
NYSE:WPC
16.4
8%
2.1
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
36.6
-1%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
25.3
17%
1.5
FR
Gecina SA
PAR:GFC
22.7
4%
5.7
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
-1%
N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
US
S
STORE Capital Corp
LSE:0LA6
14.6
15%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Mirvac Group
ASX:MGR
Average EV/EBIT: 28
23.7
13%
1.8
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
27
11%
2.5
ZA
A
Attacq Ltd
JSE:ATT
Not Available
4%
N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
45.5
N/A N/A
AU
Stockland Corporation Ltd
ASX:SGP
25.3
17%
1.5
FR
Gecina SA
PAR:GFC
23.2
13%
1.8
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available N/A N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
US
S
STORE Capital Corp
LSE:0LA6
23.3
15%
1.6

See Also

Summary
MGR intrinsic value, competitors valuation, and company profile.
DCF Valuation
MGR stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MGR stock valuation using valuation multiples.
Wall Street Estimates
MGR price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MGR stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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