Mirvac Group - Stock

Mirvac Group ROA 2024

Mirvac Group ROA

-0.01

Ticker

MGR.AX

ISIN

AU000000MGR9

WKN

924371

In 2024, Mirvac Group's return on assets (ROA) was -0.01, a -118.56% increase from the 0.05 ROA 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.

ROA Details

Understanding Mirvac Group's Return on Assets (ROA)

Mirvac Group's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Mirvac Group's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Mirvac Group's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Mirvac Group’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Mirvac Group Stock

What is the Return on Assets (ROA) of Mirvac Group this year?

The Return on Assets (ROA) of Mirvac Group is -0.01 undefined this year.

What was the ROA of Mirvac Group compared to the previous year?

The ROA of Mirvac Group has increased by -118.56% compared to the previous year.

What consequences do high ROA have for investors of Mirvac Group?

A high ROA is advantageous for investors of Mirvac Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Mirvac Group?

A low ROA can be unfavorable for investors of Mirvac Group as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Mirvac Group affect the company?

An increase in ROA of Mirvac Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Mirvac Group impact the company?

A reduction in the ROA of Mirvac Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Mirvac Group?

Some factors that can influence the ROA of Mirvac Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Mirvac Group important for investors?

The ROA of Mirvac Group is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Mirvac Group take to improve ROA?

To improve ROA, Mirvac Group can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 5.09 %. 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 5.09 %.

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 5.31 %.

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.