Aventus Retail Property Fund (AVN) - Research

$2.350 0.02 (0.84%)

AVN General Information +

ASX Code AVN
Website http://www.aventusgroup.com.au
GICS Sub-Industry Retail REITs
Market Cap ($M) 1,263
Current Price $2.350
Day High $2.380
Day Low $2.340
Last Close $2.370
Price Movement $0.02 ( 0.84% )
Prices as at 13:05, 19 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

AVN Company Overview

Business Description

The Aventus Retail Property Fund (the Fund) (ARSN 608 000 764 was listed on the Australian Securities Exchange and invests in Australian retail property, focusing predominantly on Large Format Retail (LFR) centres in October 2015. On 1 October 2018, the units in the Fund were stapled to Aventus Holdings Limited shares to create the Aventus Group.

AVN Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 57.40 11.70 -29.70% 19.20 16.30 7.30% 0.0%
2017 A 67.20 16.60 0.00% 14.10 15.90 6.80% 0.0%
2016 A -30.90 -11.10 0.00% 0.00 10.10 4.90% 0.0%

AVN Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
Aventus Retail Property Fund (AVN) $1,258M -0.2972 0.0000 0.0000 20.0686 0.0000 0.0000 6.95% 0.00% 0.00%
BWP Trust (BWP) $2,415M 0.0286 0.0639 0.0209 20.8773 19.6242 19.2229 4.74% 4.82% 4.93%
Scentre (SCG) $19,886M 0.1349 0.0307 0.0329 15.1172 14.6667 14.1989 5.93% 6.04% 6.18%
Unibail-Rodamco-Westfield (URW) $3,535M 0.0000 3.8008 0.0570 56.9215 11.8546 11.2151 3.97% 7.66% 8.04%
Vicinity Centres (VCX) $9,467M -0.7191 0.0847 -0.0149 14.9761 13.8064 14.0145 6.49% 6.35% 6.23%

AVN Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.37 20.30 1.00 0.00
Market 0.63 14.80 1.17 0.97
Sector 0.77 17.20 1.12 1.39

AVN Directors

Name Position Start Date
Mr Nico van der Merwe Alternate Director 18 Aug 2016
Mr Darren Holland Chief Executive Officer, Executive Director 22 Jun 2015
Mr Bruce James Carter Non-Executive Chairman, Non-Executive Director 22 Jun 2015
Mr Brett Blundy Non-Executive Director 18 Aug 2016
Mr Kieran Pryke Non-Executive Director 30 Sep 2015
Ms Robyn Narelle Stubbs Non-Executive Director 30 Sep 2015

AVN Management

Name Position
Mary Weaver Company Secretary
Lawrence Wong Company Secretary

AVN Substantial Shareholders

Holding Name
142,643,925 (31.80%) Brett Blundy
28,783,234 (6.38%) Ray Itaoui

AVN Calendar of Events

Date Event
13 February 2020 Report (Interim)
28 October 2019 Report (Annual)
09 August 2019 Report (Prelim)

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