Stockland (SGP) - Research

$4.360

SGP General Information +

ASX Code SGP
Website http://www.stockland.com.au
GICS Sub-Industry Diversified REITs
Market Cap ($M) 10,395
Current Price $4.360
Day High $4.385
Day Low $4.330
Last Close $4.360
Price Movement - ( No change )
Prices as at 16:40, 14 Jun 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
$4.360 as at 16:40, 14 Jun 2019

Price at review
$4.360 on 29 Apr 19

Max Portfolio Weighting

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 (%)
2020 F 864.16 35.70 -3.80% 12.21 27.90 6.40% 0.0%
2019 F 901.34 37.09 4.40% 11.76 27.60 6.33% 0.0%
2018 A 863.00 35.52 6.70% 12.05 26.50 6.19% 0.0%

SGP 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 (CHC) $5,249M -0.1708 -0.1448 0.3794 21.5611 25.2125 18.2777 2.82% 3.02% 3.88%
Growthpoint Properties Australia (GOZ) $3,159M 0.1620 -0.2086 0.0391 15.2441 19.2632 18.5391 5.10% 5.30% 5.37%
GPT Group (GPT) $11,046M 0.0173 -0.2571 0.0277 13.6699 18.4005 17.9052 4.16% 4.31% 4.46%
Mirvac Group (MGR) $12,477M 1.4331 -0.6090 0.0517 7.4918 19.1592 18.2182 3.45% 3.65% 3.85%
Stockland (SGP) $10,396M 0.0991 -0.0935 -0.0011 11.2313 12.3899 12.4040 6.08% 6.33% 6.40%

SGP Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.64 12.30 1.02 0.00
Market 0.89 17.00 1.51 1.64
Sector 0.78 17.30 1.11 1.40

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
Louise Mason Group Executive and CEO Commercial Property
Andrew Whitson Group Executive and CEO Residential
Stephen Bull Group Executive and CEO Retirement Living
Tiernan O'Rourke Group Executive and Chief Financial Officer
Darren Rehn Group Executive and Chief Investment Officer
Michael Rosmarin Group Executive and Chief Operating Officer
Robyn Elliott Group Executive and Chief Technology and Innovation Officer
Simon Shakesheff Group Executive and Strategy, Stakeholder Relations and Research

SGP Substantial Shareholders

Holding Name
219,630,399 (9.02%) 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 February 2020 Report (Interim)
22 August 2019 Report (Annual)
22 August 2019 Report (Prelim)

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