Insider & Institutional Ownership
48.6% of Mirvac Group shares are owned by institutional investors. Comparatively, 39.2% of shares of all “Diversified REITs” companies are owned by institutional investors. 11.9% of shares of all “Diversified REITs” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Dividends
Mirvac Group pays an annual dividend of $0.09 per share and has a dividend yield of 8.1%. Mirvac Group pays out 74.0% of its earnings in the form of a dividend. As a group, “Diversified REITs” companies pay a dividend yield of 6.5% and pay out -475.4% of their earnings in the form of a dividend.
Profitability
This table compares Mirvac Group and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Mirvac Group | N/A | N/A | N/A |
| Mirvac Group Competitors | -37.04% | -4.44% | 0.21% |
Earnings & Valuation
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Mirvac Group | N/A | N/A | 9.10 |
| Mirvac Group Competitors | $196.74 million | $18.17 million | 7.98 |
Mirvac Group’s rivals have higher revenue and earnings than Mirvac Group. Mirvac Group is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Summary
Mirvac Group beats its rivals on 5 of the 9 factors compared.
About Mirvac Group
Founded in 1972, Mirvac is an Australian Securities Exchange (ASX) top 50 company with an integrated asset creation and curation capability. For more than 50 years, we've dedicated ourselves to creating extraordinary urban places and experiences. We have over $35 billion of assets under management, together with a $12 billion commercial and mixed use development pipeline, and a $17 billion residential development pipeline, enabling us to deliver innovative and high-quality property for our customers, while driving long-term value for our securityholders.
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