Insider and Institutional Ownership
48.6% of Mirvac Group shares are held by institutional investors. Comparatively, 39.1% of shares of all “Diversified REITs” companies are held by institutional investors. 12.0% of shares of all “Diversified REITs” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Earnings and Valuation
This table compares Mirvac Group and its competitors gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Mirvac Group | N/A | N/A | 9.10 |
| Mirvac Group Competitors | $197.94 million | $18.17 million | 6.77 |
Mirvac Group’s competitors have higher revenue and earnings than Mirvac Group. Mirvac Group is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| Mirvac Group | N/A | N/A | N/A |
| Mirvac Group Competitors | -35.62% | -4.71% | 0.49% |
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 -458.9% of their earnings in the form of a dividend.
Summary
Mirvac Group beats its competitors 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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