McGrath Limited (MEA.AX)
McGrath Limited operates in the Real Estate - Services industry of the Real Estate sector, headquartered in Pyrmont, NSW, AU. The stock last traded at $0.60, up 0.84% on the session, giving a market capitalisation of $95.5M. Its beta of 1.48 implies it has historically moved more than the broad market.
McGrath Limited is an Australian enterprise providing a comprehensive suite of residential real estate solutions. Its business structure encompasses several key divisions: directly managed property sales, internal residential property management, franchise oversight services, and a segment dedicated to various other services and investments. The directly managed sales arm facilitates residential property transactions on behalf of sellers via its proprietary offices and agents. The in-house property management division supervises residential assets for property owners. The franchise services segment is responsible for administering and supporting franchised locations engaged in both property sales and management activities. Furthermore, the 'Other Services and Investments' division extends to offerings such as property auctions, real estate education, home loan brokerage, and supplementary network services. As of June 30, 2022, McGrath operated through a network of 29 company-owned branches and an additional 79 franchised offices. McGrath Limited was established in 1988 and its corporate headquarters are situated in Pyrmont, Australia.
McGrath Limited is most often compared with the following Real Estate names: