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Abacus Group ASX:ABG Stock Report

Last Price

AU$1.16

Market Cap

AU$1.0b

7D

1.8%

1Y

0%

Updated

20 Dec, 2024

Data

Company Financials +

ABG Stock Overview

Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Commercial property and Self Storage sectors. More details

ABG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Abacus Group Competitors

Price History & Performance

Summary of share price highs, lows and changes for Abacus Group
Historical stock prices
Current Share PriceAU$1.16
52 Week HighAU$1.36
52 Week LowAU$1.03
Beta1.18
1 Month Change-1.69%
3 Month Change-14.71%
1 Year Change0%
3 Year Change-69.87%
5 Year Change-68.65%
Change since IPO-79.65%

Recent News & Updates

Recent updates

Could The Abacus Property Group (ASX:ABP) Ownership Structure Tell Us Something Useful?

Feb 27
Could The Abacus Property Group (ASX:ABP) Ownership Structure Tell Us Something Useful?

Abacus Property Group (ASX:ABP) Share Prices Have Dropped 28% In The Last Year

Jan 31
Abacus Property Group (ASX:ABP) Share Prices Have Dropped 28% In The Last Year

Insider Buying: The Abacus Property Group (ASX:ABP) Chairman Just Bought 21% More Shares

Jan 05
Insider Buying: The Abacus Property Group (ASX:ABP) Chairman Just Bought 21% More Shares

How Much Is Abacus Property Group's (ASX:ABP) CEO Getting Paid?

Dec 17
How Much Is Abacus Property Group's (ASX:ABP) CEO Getting Paid?

Have Insiders Been Buying Abacus Property Group (ASX:ABP) Shares This Year?

Nov 26
Have Insiders Been Buying Abacus Property Group (ASX:ABP) Shares This Year?

Shareholder Returns

ABGAU Office REITsAU Market
7D1.8%-0.1%-2.0%
1Y0%-11.5%7.8%

Return vs Industry: ABG exceeded the Australian Office REITs industry which returned -11.5% over the past year.

Return vs Market: ABG underperformed the Australian Market which returned 7.8% over the past year.

Price Volatility

Is ABG's price volatile compared to industry and market?
ABG volatility
ABG Average Weekly Movement3.2%
Office REITs Industry Average Movement3.2%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.1%

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

Volatility Over Time: ABG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001n/aSteven Sewellwww.abacusgroup.com.au

Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Commercial property and Self Storage sectors. We invest capital in real estate opportunities to deliver superior long term returns and maximise securityholder value. Abacus is a strong asset backed, annuity style business model where capital is directed towards assets that provide potential for enhanced income growth and ultimately create value.

Abacus Group Fundamentals Summary

How do Abacus Group's earnings and revenue compare to its market cap?
ABG fundamental statistics
Market capAU$1.03b
Earnings (TTM)-AU$241.99m
Revenue (TTM)AU$192.35m

5.4x

P/S Ratio

-4.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABG income statement (TTM)
RevenueAU$192.35m
Cost of RevenueAU$43.59m
Gross ProfitAU$148.76m
Other ExpensesAU$390.75m
Earnings-AU$241.99m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 23, 2025

Earnings per share (EPS)-0.27
Gross Margin77.34%
Net Profit Margin-125.81%
Debt/Equity Ratio58.4%

How did ABG perform over the long term?

See historical performance and comparison

Dividends

7.3%

Current Dividend Yield

85%

Payout Ratio

Does ABG pay a reliable dividends?

See ABG dividend history and benchmarks
When do you need to buy ABG by to receive an upcoming dividend?
Abacus Group dividend dates
Ex Dividend DateDec 30 2024
Dividend Pay DateFeb 28 2025
Days until Ex dividend9 days
Days until Dividend pay date69 days

Does ABG pay a reliable dividends?

See ABG dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 15:14
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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

Abacus Group is covered by 17 analysts. 7 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 WrightAPP Securities Pty Ltd.
Russell WrightBarclay Pearce Capital Pty Limited
Steven TjiaBarrenjoey Markets Pty Limited