Shopping Centres Australasia Property Group (SCP) - Research

$2.560
Prices as at 16:40, 18 Apr 2019

SCP Current Share Price+

Current Price $2.560
Open $2.590
High $2.590
Low $2.550
Last Close $2.560
Volume 1948654
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

SCP General Information

Shopping Centres Australasia Property Group
SCP
http://www.scaproperty.com.au
Retail REITs
2,369
926
Shopping Centres Australasia Property Group
(SCP)
BUY
below
HOLD
up to
SELL
above
Current Price
$2.560 as at 16:40, 18 Apr 2019
Price at review
$2.560 on 11 Feb 19
Max Portfolio Weighting
Business Risk
Share Price Risk

SCP Related Research

SCP Company Overview

Business Description

Shopping Centres Australasia Property Group (SCP) is an internally managed real estate investment trust (a REIT) owning a portfolio of quality sub-regional and neighbourhood shopping centres and freestanding retail assets located on convenience retailing across Australia and New Zealand. SCP is a stapled entity comprising Shopping Centres Australasia Property Management Trust and Shopping Centres Australasia Property Retail Trust.

SCP Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 152.90 16.64 2.40% 15.38 15.00 5.86% 0.0%
2019 F 135.72 16.25 6.60% 15.75 14.70 5.74% 0.0%
2018 A 114.30 15.25 4.10% 15.11 13.90 6.03% 0.0%

SCP 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%

SCP Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.72 16.30 1.11 1.45
Market 0.93 16.70 1.52 1.50
Sector 0.85 15.90 1.07 1.22

SCP Directors

Name Position Start Date
Mr Mark James Fleming Chief Financial Officer, Executive Director 26 May 2015
Mr Anthony Mellowes Executive Director, Chief Executive Officer 2 Oct 2012
Mr Philip Marcus Clark Non-Executive Chairman, Non-Executive Director 19 Sep 2012
Dr Kirstin Irene Ferguson Non-Executive Director 1 Jan 2015
Mr Steven Crane Non-Executive Director 13 Dec 2018
Mr Philip John Redmond Non-Executive Director 26 Sep 2012
Ms Beth Laughton Non-Executive Director 13 Dec 2018
Mrs Belinda Robson Non-Executive Director 27 Sep 2012

SCP Management

Name Position
Mark Lamb Company Secretary,General Counsel

SCP Substantial Shareholders

Holding Name
67,490,361 (8.99%) The Vanguard Group Inc.
46,324,044 (6.18%) Investors Mutual Limited
45,232,852 (6.06%) BlackRock Group
44,423,959 (6.05%) Legg Mason Asset Management Limited
43,492,967 (5.81%) Mondrian Investment Partners Limited

SCP Calendar of Events

Date Event
04 February 2020 Report (Interim)
25 September 2019 Report (Annual)
06 August 2019 Report (Prelim)

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