$3.16

0.01 (0.32%)

Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Locked Recommendation

Analysis

Overview

Current recommendation
Business risk 0
Share price risk 0

General Information

Abacus Property Group
ABP
http://www.abacusproperty.com.au
Diversified Real Estate Investment Trusts
1,759
557

Current Price Data+

Current Price $3.160
Open $3.160
High $3.195
Low $3.160
Last Close $3.170
Volume 451062
Price Movement $0.01 ( 0.32% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Stock Price

Current Broker Consensus Recommendation

Hold
29 Apr 2016
2

Company Overview

Business Description

Abacus Property Group (ABP) is a diversified property group that specialises in investing in core plus property opportunities across Australia's commercial property markets. It invests in office, retail and industrial properties, self-storage facilities, participation in property ventures and developments and property funds management.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2017 F 159.7 28.7 22.6% 11.0 18.0 5.7% 0.0%
2016 F 129.9 23.4 -4.3% 13.5 17.0 5.4% 0.0%
2015 A 128.3 24.5 17.4% 11.6 17.0 6.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2015 A 2016 F 2017 F 2015 A 2016 F 2017 F 2015 A 2016 F 2017 F
Abacus (ABP) $1,764M 0.1986 -0.2426 0.3806 10.8785 14.3634 10.4037 5.36% 5.36% 7.08%
Charter Hall (CHC) $1,977M 0.3349 -0.1004 0.0585 14.5681 16.1934 15.2986 5.05% 5.54% 5.75%
GPT Group (GPT) $9,044M 0.1699 0.0061 0.0352 17.1088 17.0047 16.4272 4.47% 4.66% 4.84%
Mirvac Group (MGR) $6,922M 0.0477 0.0496 0.0643 15.2156 14.4961 13.6198 5.03% 5.28% 5.56%
Stockland (SGP) $10,453M 0.0836 0.0672 0.0416 16.8661 15.8047 15.1736 5.49% 5.61% 5.72%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.39 13.60 1.24 6.04
Market 1.02 16.20 1.30 1.51
Sector 1.55 15.20 1.17 2.55

Directors

Name Position Start Date
Dr Frank Michael Wolf Managing Director 4 Dec 1997
Mr John Michael Thame Non-Executive Chairman 11 Sep 2002
Mr Malcolm Geoffrey Irving Non-Executive Director 12 Sep 2002
Mr William (Bill) John Bartlett Non-Executive Director 14 Feb 2007
Ms Myra Salkinder Non-Executive Director 12 Apr 2011
Mr Peter Spira Non-Executive Director 28 May 2015

Management

Name Position
R Baulderstone Chief Financial Officer
Ellis Varejes Company Secretary,Chief Operating Officer
P Strain Director Property
C Laird Director Property Ventures
J L Estrange Director Property Ventures
C Aarons Head of Strategy

Substantial Shareholders

Holding Name
252,981,605 (45.68%) Calculator Australia Pty Ltd

Calendar of Events

Date Event
16 February 2017 Report (Interim)
14 October 2016 Report (Annual)
19 August 2016 Report (Annual)
19 August 2016 Report (Prelim)
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