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Scentre Group ASX:SCG Stock Report

Last Price

AU$3.55

Market Cap

AU$18.4b

7D

1.7%

1Y

19.1%

Updated

09 Jan, 2025

Data

Company Financials +

Scentre Group

ASX:SCG Stock Report

Market Cap: AU$18.4b

SCG Stock Overview

Owns and operates a leading portfolio of 42 Westfield destinations with 37 located in Australia and five in New Zealand encompassing more than 12,000 outlets. More details

SCG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance2/6
Financial Health1/6
Dividends2/6

Rewards

Earnings are forecast to grow 16.74% per year

Became profitable this year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 4.85% is not well covered by free cash flows

Large one-off items impacting financial results

Significant insider selling over the past 3 months


My Notes

Capture your thoughts, links and company narrative

Scentre Group Competitors

Vicinity Centres

ASX:VCX

AU$9.7b

Region Group

ASX:RGN

AU$2.4b

BWP Trust

ASX:BWP

AU$2.4b

HomeCo Daily Needs REIT

ASX:HDN

AU$2.4b

Price History & Performance

Summary of share price highs, lows and changes for Scentre Group
Historical stock prices
Current Share PriceAU$3.55
52 Week HighAU$3.88
52 Week LowAU$2.83
Beta1.59
1 Month Change0%
3 Month Change-1.11%
1 Year Change19.13%
3 Year Change13.06%
5 Year Change-12.13%
Change since IPO15.26%

Recent News & Updates

Recent updates

Shareholder Returns

SCGAU Retail REITsAU Market
7D1.7%2.5%2.1%
1Y19.1%7.9%10.3%

Return vs Industry: SCG exceeded the Australian Retail REITs industry which returned 7.9% over the past year.

Return vs Market: SCG exceeded the Australian Market which returned 10.3% over the past year.

Price Volatility

Is SCG's price volatile compared to industry and market?
SCG volatility
SCG Average Weekly Movement2.3%
Retail REITs Industry Average Movement2.3%
Market Average Movement7.9%
10% most volatile stocks in AU Market16.3%
10% least volatile stocks in AU Market3.0%

Stable Share Price: SCG has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: SCG's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20142,964Elliott Chaim Rusanowwww.scentregroup.com

Scentre Group owns and operates a leading portfolio of 42 Westfield destinations with 37 located in Australia and five in New Zealand encompassing more than 12,000 outlets. Our Westfield destinations are strategically located in the heart of the local communities we serve. Our centres are considered community hubs that connect people with services and experiences that enrich their daily lives.

Scentre Group Fundamentals Summary

How do Scentre Group's earnings and revenue compare to its market cap?
SCG fundamental statistics
Market capAU$18.44b
Earnings (TTM)AU$429.40m
Revenue (TTM)AU$2.54b

43.0x

P/E Ratio

7.3x

P/S Ratio

Is SCG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SCG income statement (TTM)
RevenueAU$2.54b
Cost of RevenueAU$756.00m
Gross ProfitAU$1.78b
Other ExpensesAU$1.35b
EarningsAU$429.40m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.083
Gross Margin70.20%
Net Profit Margin16.93%
Debt/Equity Ratio88.5%

How did SCG perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

77%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 19:00
End of Day Share Price 2025/01/09 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Scentre Group is covered by 23 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited
Nicholas McGarrigleBarrenjoey Markets Pty Limited