Stockland (SGP) - Research

$4.410 0.03 (0.68%)

SGP General Information +

ASX Code SGP
Website http://www.stockland.com.au
GICS Sub-Industry Diversified REITs
Market Cap ($M) 10,514
Current Price $4.410
Day High $4.520
Day Low $4.410
Last Close $4.440
Price Movement $0.03 ( 0.68% )
Prices as at 16:40, 20 Sep 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Stockland (SGP)
BUY
below
HOLD
up to
SELL
above
Current Price
$4.410 as at 16:40, 20 Sep 2019

Price at review
$4.410 on 12 Sep 19

Business Risk

Share Price Risk

SGP Related Research

SGP Company Overview

Business Description

Stockland Corporation Limited (SGP) is a diversified property group in Australia which develops, owns and manages retail centres, business parks, logistics centres, office buildings, residential communities and retirement living villages.

SGP Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2021 F 818.61 34.29 -7.10% 12.86 28.20 6.39% 0.0%
2020 F 880.78 36.89 -1.20% 11.95 27.90 6.33% 0.0%
2019 A 897.00 37.32 5.10% 10.55 27.60 7.01% 0.0%

SGP Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2019 A 2020 F 2021 F 2019 A 2020 F 2021 F 2019 A 2020 F 2021 F
Charter Hall (CHC) $5,342M -0.0415 0.2842 -0.2075 22.8942 17.8272 22.4946 2.94% 3.41% 3.78%
Growthpoint Properties Australia (GOZ) $3,356M -0.1630 -0.0420 0.0070 18.2543 19.0539 18.9213 5.29% 5.47% 5.58%
GPT Group (GPT) $11,960M 0.0173 -0.2781 0.0393 13.7145 18.9975 18.2792 4.15% 4.31% 4.51%
Mirvac Group (MGR) $12,195M -0.6801 0.2797 -0.0132 22.7606 17.7854 18.0233 3.74% 3.93% 4.04%
Stockland (SGP) $10,587M -0.3187 0.3206 -0.0286 16.7864 12.7111 13.0858 6.22% 6.28% 6.33%

SGP Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.60 15.60 1.07 1.17
Market 0.86 16.80 1.61 1.83
Sector 0.71 18.10 1.09 1.24

SGP Directors

Name Position Start Date
Mr Mark Steinert Chief Executive Officer, Managing Director 29 Jan 2013
Mr Stephen Eric Newton Non-Executive Director 20 Jun 2016
Ms Christine O'Reilly Non-Executive Director 23 Aug 2018
Mr Barry Hugh Roxborough Neil Non-Executive Director 23 Oct 2007
Ms Carol Judith Schwartz Non-Executive Director 1 Jul 2010
Ms Melinda Blanton Conrad Non-Executive Director 18 May 2018
Mr Andrew Cameron Stevens Non-Executive Director 1 Jul 2017
Mr Thomas (Tom) William Pockett Non-Executive Director, Non-Executive Chairman 1 Sep 2014

SGP Management

Name Position
Katherine Grace Company Secretary,General Counsel

SGP Substantial Shareholders

Holding Name
244,010,845 (10.14%) Vanguard Investments Australia Ltd
209,276,672 (8.60%) BlackRock Group
136,943,104 (5.63%) State Street Corporation and subsidiaries

SGP Calendar of Events

Date Event
19 August 2020 Report (Annual)
19 August 2020 Report (Prelim)
19 February 2020 Report (Interim)

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