Scentre Group (SCG) - Research

$3.880
Prices as at 16:40, 18 Apr 2019

SCG Current Share Price+

Current Price $3.880
Open $3.920
High $3.920
Low $3.875
Last Close $3.880
Volume 10365070
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

SCG General Information

Scentre Group
SCG
http://www.scentregroup.com
Retail REITs
20,629
5,317
Scentre Group
(SCG)
BUY
below
HOLD
up to
SELL
above
Current Price
$3.880 as at 16:40, 18 Apr 2019
Price at review
$3.880 on 22 Feb 19
Max Portfolio Weighting
Business Risk
Share Price Risk

SCG Related Research

SCG Company Overview

Business Description

Scentre Group (SCG) is involved in ownership, development, design, construction, asset management, leasing and marketing activities with respect to its Australian and New Zealand portfolio of retail properties. The Company was created in June 2014 through the merger of Westfield Retail Trust and Westfield Group's Australian and New Zealand management business

SCG Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 1,420.57 26.70 3.00% 14.53 23.05 5.94% 0.0%
2019 F 1,378.51 25.91 3.00% 14.97 22.60 5.82% 0.0%
2018 A 1,339.50 25.16 3.90% 16.18 22.16 5.45% 0.0%

SCG 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
BWP Trust (BWP) $2,325M 0.0286 0.0639 0.0209 20.0999 18.8935 18.5072 4.92% 5.01% 5.12%
Scentre (SCG) $20,789M 0.1349 0.0319 0.0286 15.8044 15.3153 14.8896 5.67% 5.78% 5.89%
Shopping Centres Australasia Property (SCP) $2,360M -0.0872 0.2052 0.0270 18.8889 15.6730 15.2603 5.45% 5.76% 5.91%
Unibail-Rodamco-Westfield (URW) $3,988M 0.0000 3.7863 0.0522 63.1198 13.1852 12.5308 3.58% 6.88% 7.19%
Vicinity Centres (VCX) $9,575M -0.7191 0.0000 0.0000 15.0358 0.0000 0.0000 6.47% 0.00% 0.00%

SCG Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.60 15.50 0.87 5.13
Market 0.67 14.50 1.21 1.11
Sector 0.85 15.90 1.07 1.22

SCG Directors

Name Position Start Date
Mr Peter Kenneth Allen Chief Executive Officer, Executive Director 12 Aug 2010
Mr Michael (Mike) Francis Ihlein Non-Executive Director 21 Dec 2010
Ms Sarah (Carolyn) Hailes Kay Non-Executive Director 24 Feb 2016
Mr Andrew William Harmos Non-Executive Director 21 Dec 2010
Mr Steven John Leigh Non-Executive Director 4 Apr 2019
Ms Aliza Knox Non-Executive Director 7 May 2015
Ms Margaret (Margie) Leone Seale Non-Executive Director 24 Feb 2016
Mr Brian Martin Schwartz Non-Executive Director, Non-Executive Chairman 6 Feb 2009

SCG Management

Name Position
Mark Bloom Chief Financial Officer
Greg Miles Chief Operating Officer
Maureen Therese McGrath Company Secretary
Paul Giugni Company Secretary

SCG Substantial Shareholders

Holding Name
493,780,757 (9.29%) The Vanguard Group Inc.
450,144,001 (8.47%) BlackRock Group
344,111,816 (6.47%) State Street Corporation and subsidiaries
294,417,792 (5.54%) National Nominees Ltd as Custodian for Unisuper Ltd

SCG Calendar of Events

Date Event
13 March 2020 Report (Annual)
19 February 2020 Report (Prelim)
19 February 2020 Report (Annual)
20 August 2019 Report (Interim)

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