$4.40

0.02 (0.46%)

4 Apr 2016
Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Locked Recommendation

Analysis

Overview

Current recommendation Preview
12 month range
Maximum portfolio weighting
Business risk Low
Share price risk Low

General Information

ALE Property Group
LEP
http://www.alegroup.com.au
Specialized REITs
857
196

Current Price Data+

Current Price $4.400
Open $4.390
High $4.480
Low $4.390
Last Close $4.380
Volume 16213
Price Movement $0.02 ( 0.46% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Stock Price

Current Broker Consensus Recommendation

Strong Sell
26 May 2016
2

Company Overview

Business Description

ALE Property Group (LEP) is a property investment and property fund management company which owns a property portfolio of 86 pubs across five mainland states of Australia. LEP comprises of Australian Leisure and Entertainment Property Trust and its controlled entities including ALE Direct Property Trust, ALE Finance Company PTY Limited and Australian Leisure and Entertainment Property Management Limited as the responsible entity of the trust.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2017 F 27.0 13.8 -4.1% 31.6 20.6 4.7% 0.0%
2016 F 28.2 14.4 9.0% 30.3 20.2 4.6% 0.0%
2015 A 25.8 13.2 41.4% 25.5 16.9 5.0% 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
Folkestone Education Trust (FET) $645M -0.5080 0.0000 0.0000 18.9366 0.0000 0.0000 4.92% 0.00% 0.00%
Hotel Property Investments (HPI) $428M -0.7250 0.5379 0.0207 23.8794 15.5273 15.2129 5.56% 6.23% 6.39%
Iron Mountain (INM) $2,457M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
ALE Property (LEP) $856M 0.4152 0.1205 -0.0122 33.1312 29.5670 29.9315 3.86% 4.60% 4.71%
National Storage REIT (NSR) $629M 0.0000 0.0000 0.0706 0.0000 21.2984 19.8936 4.39% 4.61% 4.89%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 2.39 29.90 1.93 5.78
Market 1.02 16.50 1.32 1.64
Sector 1.57 15.70 1.18 2.46

Directors

Name Position Start Date
Mr James T McNally Executive Director 26 Jun 2003
Mr Andrew Frederick Osborne Wilkinson Managing Director 16 Nov 2004
Mr Peter Hastings Warne Non-Executive Chairman, Non-Executive Director 8 Sep 2003
Ms Nancy Jane Milne Non-Executive Director 6 Feb 2015
Ms Phillipa (Pippa) Downes Non-Executive Director 26 Nov 2013
Mr Paul Say Non-Executive Director 24 Sep 2014

Management

Name Position
D J Shipway Asset Manager
A J Slade Capital Manager
Brendan Howell Company Secretary
M J Clarke Finance Manager

Substantial Shareholders

Holding Name
43,487,908 (22.22%) Caledonia (Private) Investments Pty Limited & its Associates
23,453,125 (11.98%) Allan Gray Australia Pty Ltd
17,076,936 (8.73%) WoolWorths Limited and Associates

Calendar of Events

Date Event
14 February 2017 Report (Interim)
03 August 2016 Report (Prelim)
03 August 2016 Report (Annual)
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