ALE Property Group (LEP) - Research

$4.850
Prices as at 16:40, 22 Apr 2019

LEP Current Share Price+

Current Price $4.850
Open $4.900
High $4.960
Low $4.850
Last Close $4.850
Volume 51955
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

LEP General Information

ALE Property Group
LEP
http://www.alegroup.com.au
Specialized REITs
949
196
ALE Property Group
(LEP)
BUY
below
HOLD
up to
SELL
above
Current Price
$4.850 as at 16:40, 22 Apr 2019
Price at review
$4.850 on 21 Feb 19
Max Portfolio Weighting
Business Risk
Share Price Risk

LEP Related Research

LEP 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.

LEP Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 41.12 21.00 -2.30% 23.10 22.50 4.64% 0.0%
2019 F 42.09 21.50 14.80% 22.56 22.05 4.55% 0.0%
2018 A 36.68 18.72 -17.60% 26.20 20.80 4.24% 0.0%

LEP Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Charter Hall Education Trust (CQE) $1,054M 0.1199 0.0000 0.0000 19.6487 0.0000 0.0000 4.22% 0.00% 0.00%
Hotel Property Investments (HPI) $495M -0.0740 0.0617 0.0702 18.1867 17.1299 16.0057 5.78% 5.87% 5.97%
ALE Property (LEP) $959M -0.4860 0.6959 0.1133 46.1394 27.2071 24.4389 4.24% 4.38% 4.57%
National Storage REIT (NSR) $1,159M 0.0000 0.0000 0.0852 0.0000 17.8794 16.4751 5.54% 5.55% 5.78%
Rural Funds (RFF) $747M -0.1206 0.1886 0.1025 20.2166 17.0084 15.4270 4.42% 4.66% 4.84%

LEP Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.32 29.30 1.53 0.78
Market 0.93 16.70 1.52 1.50
Sector 0.85 15.90 1.07 1.22

LEP Directors

Name Position Start Date
Mr Andrew Frederick Osborne Wilkinson Managing Director 16 Nov 2004
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
Mr Michael Pesach Triguboff Non-Executive Director 15 Feb 2018
Mr Robert Wason Mactier Non-Executive Director, Non-Executive Chairman 28 Nov 2016

LEP Management

Name Position
D J Shipway Asset Manager
A J Slade Capital Manager
Michael Clarke Company Secretary

LEP Substantial Shareholders

Holding Name
65,960,122 (33.69%) Caledonia (Private) Investments Pty Limited & its Associates
17,076,936 (8.72%) WoolWorths Limited and Associates
10,935,829 (5.59%) Allan Gray Australia Pty Ltd

LEP Calendar of Events

Date Event
12 February 2020 Report (Interim)
07 August 2019 Report (Annual)
07 August 2019 Report (Prelim)

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