MIR.AX Mirrabooka (ASX) A$3.15 pre-market after Jan 2026 earnings: dividend focus
MIR.AX stock is trading A$3.15 pre-market on 15 Jan 2026 after Mirrabooka Investments Limited released its January earnings update. Investors are watching dividend signals and valuation metrics after an EPS of A$0.04 and a P/E of 79.00. Volume sits at 68,124 versus an average of 93,421, so liquidity is moderate ahead of the open. This earnings spotlight unpacks the numbers, short-term technicals, and how model forecasts shape price targets for ASX-listed Mirrabooka.
Earnings snapshot: MIR.AX stock earnings and payout
Mirrabooka reported an EPS of A$0.04 and an interim dividend per share of A$0.11. The trailing P/E is 79.00, driven by low reported earnings versus equity backing. The payout ratio reads 271.65%, indicating dividends exceed reported earnings and raising questions about sustainability. One clear takeaway: dividend yield of 3.48% supports income-focused holders but requires reserves or realised gains to continue.
Balance sheet and valuation: MIR.AX stock fundamentals
Book value per share is A$3.35 and cash per share is A$0.45, giving tangible equity backing above the current price. Price-to-book is 0.94, below the sector average price-to-book, signalling a value tilt. Current ratio is 8.25, showing strong short-term liquidity. However, Mirrabooka’s price-to-sales of 56.28 and enterprise value of A$613,456,441.00 reflect the trust placed in asset values rather than operating sales.
Trading and technicals: MIR.AX stock price action pre-market
Pre-market price is A$3.15, day range A$3.13–A$3.15, 50-day average A$3.15, 200-day average A$3.25. Relative Strength Index sits at 51.61, signalling neutral momentum. Bollinger bands show a tight range (upper A$3.16, lower A$3.06) and average volume is 93,421, so short-term moves may be muted. Market cap is A$703,127,441.00 and shares outstanding are 222,508,684, which keeps stock beta and liquidity moderate for small‑mid cap investors.
Meyka AI grade and forecast: MIR.AX stock outlook
Meyka AI rates MIR.AX with a score of 64.55 out of 100 (Grade: B, Suggestion: HOLD). This grade factors in S&P 500 and sector comparisons, financial growth, key metrics and analyst signals. Meyka AI’s forecast model projects a monthly price of A$3.18 (implied upside 0.95%) and a yearly price of A$3.09 (implied downside 1.94%) versus the current A$3.15. Forecasts are model-based projections and not guarantees.
Price targets and sector context: MIR.AX stock price target range
Using valuation bands and Meyka scenarios we set model price targets: conservative A$2.80 (implied -11.11%), base A$3.30 (+4.76%), bullish A$3.80 (+20.63%). The Financial Services sector YTD performance is +1.50%, and Mirrabooka’s focus on small‑mid cap value names means returns may lag broad sector rallies but offer income via yield and potential upside from realised gains.
Risks and opportunities: MIR.AX stock investment checklist
Opportunity: Mirrabooka owns tangible assets and trades below book value, offering value exposure to small‑cap Australia and New Zealand equities. Risk: the high payout ratio (271.65%) and thin trading volume raise dividend and liquidity risks. Other risks include market sensitivity of realised gains and concentrated sector exposure to industrials and healthcare. Investors should weigh dividend yield against dividend sustainability and trading liquidity.
Final Thoughts
MIR.AX stock opens pre-market at A$3.15 after the Jan 2026 earnings release. Financial ratios show a mix: strong balance-sheet liquidity with book value A$3.35 and cash per share A$0.45, but an elevated P/E of 79.00 and a payout ratio of 271.65% that strains dividend credibility. Meyka AI’s forecast model projects A$3.18 for the next month (≈0.95% upside) and A$3.09 over 12 months (≈-1.94% downside) compared with today’s price. For income investors the 3.48% yield is attractive, yet dividend sustainability is the key watchpoint. Our model price targets offer a conservative floor at A$2.80 and a bullish case to A$3.80. These figures guide positioning but are projections, not guarantees. For live price and disclosures see Mirrabooka’s site and ASX listing. Meyka AI provided this analysis as an AI-powered market analysis platform.
FAQs
What drove the latest MIR.AX stock result?
MIR.AX stock moved after an EPS of A$0.04 and an announced dividend per share of A$0.11. The payout ratio of 271.65% was the main market focus, raising questions about dividend funding sources and sustainability.
How does MIR.AX stock compare on valuation?
MIR.AX stock trades at a P/E of 79.00 but a price-to-book of 0.94, showing expensive earnings multiples versus strong equity backing. Book value per share is A$3.35.
What is Meyka AI’s short-term forecast for MIR.AX stock?
Meyka AI’s forecast model projects A$3.18 for MIR.AX stock next month, an implied upside of 0.95% from A$3.15. Forecasts are model-based and not guarantees.
Should dividend investors buy MIR.AX stock now?
Dividend yield is 3.48%, but the payout ratio is 271.65%, which raises sustainability risk. Income investors should verify realised gains and reserve levels before increasing exposure.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
