Undervalued Australian High-Yielders

Woodside Energy Group

Market Cap: AU$48.2b

Engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe.

Santos

Market Cap: AU$22.7b

Explores, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea.

GPT Group

Market Cap: AU$10.1b

GPT is one of Australia’s leading property groups, with assets under management of $34.1 billion across a portfolio of high quality retail, office and logistics assets.

Mirvac Group

Market Cap: AU$7.9b

An Australian Securities Exchange (ASX) listed company, with an integrated asset creation and curation capability.

TPG Telecom

Market Cap: AU$7.6b

Provides telecommunications services to consumer, business, enterprise, and government and wholesale customers in Australia.

DEXUS

Market Cap: AU$7.2b

Dexus is a leading Australasian fully integrated real asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $50.1 billion.

Bendigo and Adelaide Bank

Market Cap: AU$6.2b

Engages in the provision of banking and other financial services to retail customers and small to medium sized businesses in Australia.

Bank of Queensland

Market Cap: AU$4.5b

Engages in the provision of financial services in Australia.

Treasury Wine Estates

Market Cap: AU$4.3b

Operates as a wine company in Australia, the United States, the United Kingdom, and internationally.

Lendlease Group

Market Cap: AU$3.3b

Operates as an integrated real estate and investment company in Australia, Asia, Europe, and the Americas.

Beach Energy

Market Cap: AU$2.8b

Operates as an oil and gas exploration and production company.

Charter Hall Long WALE REIT

Market Cap: AU$2.8b

An Australian Real Estate Investment Trust (REIT) listed on the ASX and investing in high quality Australasian real estate assets that are predominantly leased to corporate and government tenants on long term leases.

BWP Trust

Market Cap: AU$2.7b

Established and listed on the Australian Securities Exchange (‘ASX’) in 1998, BWP Trust (‘BWP’ or ‘the Trust’) is a real estate investment trust investing in and managing commercial properties throughout Australia.

HomeCo Daily Needs REIT

Market Cap: AU$2.7b

An Australian Real Estate Investment Trust listed on the ASX with a mandate to invest in convenience-based assets across the target sub-sectors of Neighbourhood Retail, Large Format Retail and Health & Services.

Region Group

Market Cap: AU$2.7b

An internally managed real estate investment trust (REIT) with 87 convenience-based retail properties, valued at $4,374 million.

Orora

Market Cap: AU$2.5b

Designs, manufactures, and supplies packaging products and services in Australia, New Zealand, the United States, and internationally.

Charter Hall Retail REIT

Market Cap: AU$2.3b

Charter Hall Retail REIT is the leading owner of property for convenience retailers.

Centuria Industrial REIT

Market Cap: AU$2.0b

CIP is Australia’s largest domestic pure play industrial REIT and is included in the S&P/ASX 200 Index.

Growthpoint Properties Australia

Market Cap: AU$1.7b

Our vision is to create sustainable value in everything we do, by being the forward-thinking, trusted partner of choice.

GrainCorp

Market Cap: AU$1.6b

Operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, Asia, the Middle East and North Africa, and internationally.

DigiCo Infrastructure REIT

Market Cap: AU$1.4b

DigiCo Infrastructure REIT (DGT) is a diversified owner, operator and developer of data centres, with a global portfolio and broad investment mandate across Stabilised, Value-add and Development opportunities.

BKI Investment

Market Cap: AU$1.4b

A publicly owned investment manager.