Mirvac Group - Stock

Mirvac Group ROE 2024

Mirvac Group ROE

-0.02

Ticker

MGR.AX

ISIN

AU000000MGR9

WKN

924371

In 2024, Mirvac Group's return on equity (ROE) was -0.02, a -119.19% increase from the 0.08 ROE in the previous year.

Mirvac Group Aktienanalyse

What does Mirvac Group do?

The Mirvac Group is an Australian company operating in the real estate industry. It was founded in 1972 and has become a significant player in the Australian real estate sector. The company's business model is based on the development and management of real estate projects in various sectors including residential, office, retail, and hotel. It also provides rental and property management services. The Mirvac Group is considered a leader in mixed-use real estate projects. It has three divisions: developments, rentals, and capital. The company specializes in the development of residential and commercial properties, as well as the management of rental properties. It also focuses on portfolio management and fundraising from investors. The Mirvac Group's products include various real estate projects and property management services, such as the development of apartments, townhouses, and single-family homes in the residential sector, and office buildings and retail spaces in the commercial sector. The company also operates hotels and has been involved in sustainability projects. One example of a successful project by the Mirvac Group is the mixed-use residential and shopping center "Broadway" in Sydney, which gained international attention. The company differentiates itself from other real estate companies through its commitment to sustainability, aiming to achieve net-zero carbon emissions by 2030. It works towards reducing energy consumption, using renewable energy, sustainable property management, and promoting sustainable behaviors among tenants. The Mirvac Group is a significant player in the Australian real estate industry, with strong growth in recent years. It is a leading developer of mixed-use real estate projects and will continue to play an important role in the future due to its commitment to sustainability and ability to provide innovative solutions for its customers. Mirvac Group is an Australian real estate company founded in 1972. It is primarily engaged in the development and management of various real estate projects, including residential, office, retail, and hotel properties. The company also offers rental and property management services. Mirvac Group is considered a market leader in mixed-use real estate projects and operates in three divisions: developments, rentals, and capital. It specializes in planning, developing, and implementing residential and commercial projects, managing rental properties, and managing the company's portfolio and raising capital from investors. The company's products include residential apartments, townhouses, and single-family homes, as well as office buildings, retail spaces, and hotels. It also focuses on sustainability and aims to achieve net-zero carbon emissions by 2030 through energy reduction, renewable energy use, sustainable property management, and promoting sustainable behaviors. Mirvac Group has experienced significant growth and is recognized as a leading player in the Australian real estate industry. It has successfully completed projects such as the mixed-use residential and shopping center "Broadway" in Sydney, which consists of 600 apartments and 50 retail spaces. Mirvac Group's commitment to sustainability and its ability to deliver innovative solutions make it a key player in the industry's future. Mirvac Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Mirvac Group's Return on Equity (ROE)

Mirvac Group's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Mirvac Group's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Mirvac Group's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Mirvac Group’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Mirvac Group Stock

What is the ROE (Return on Equity) of Mirvac Group this year?

The ROE of Mirvac Group this year is -0.02 undefined.

How has the Return on Equity (ROE) of Mirvac Group developed compared to the previous year?

The ROE of Mirvac Group has increased by -119.19% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Mirvac Group?

A high ROE indicates that Mirvac Group generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Mirvac Group?

A low ROE can indicate that Mirvac Group is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Mirvac Group affect the company?

A change in ROE (Return on Equity) of Mirvac Group can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Mirvac Group?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Mirvac Group?

Some factors that can influence Mirvac Group's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Mirvac Group pay?

Over the past 12 months, Mirvac Group paid a dividend of 0.1 AUD . This corresponds to a dividend yield of about 5.1 %. For the coming 12 months, Mirvac Group is expected to pay a dividend of 0.1 AUD.

What is the dividend yield of Mirvac Group?

The current dividend yield of Mirvac Group is 5.1 %.

When does Mirvac Group pay dividends?

Mirvac Group pays a quarterly dividend. This is distributed in the months of July, January, July, January.

How secure is the dividend of Mirvac Group?

Mirvac Group paid dividends every year for the past 24 years.

What is the dividend of Mirvac Group?

For the upcoming 12 months, dividends amounting to 0.1 AUD are expected. This corresponds to a dividend yield of 5.32 %.

In which sector is Mirvac Group located?

Mirvac Group is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Mirvac Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Mirvac Group from 2/29/2024 amounting to 0.045 AUD, you needed to have the stock in your portfolio before the ex-date on 12/28/2023.

When did Mirvac Group pay the last dividend?

The last dividend was paid out on 2/29/2024.

What was the dividend of Mirvac Group in the year 2023?

In the year 2023, Mirvac Group distributed 0.103 AUD as dividends.

In which currency does Mirvac Group pay out the dividend?

The dividends of Mirvac Group are distributed in AUD.

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Andere Kennzahlen von Mirvac Group

Our stock analysis for Mirvac Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Mirvac Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.