Abacus Group Valuation

Is ABG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • PM vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ABG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ABG (A$1.08) is trading below our estimate of fair value (A$5.04)

Significantly Below Fair Value: ABG is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for ABG?

Other financial metrics that can be useful for relative valuation.

ABG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue13.4x
Enterprise Value/EBITDA30.4x
PEG Ration/a

Price to Sales Ratio vs Peers

How does ABG's PS Ratio compare to its peers?

The above table shows the PS ratio for ABG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.9x
CMW Cromwell Property Group
3x4.4%AU$1.1b
COF Centuria Office REIT
4.1x-2.1%AU$695.9m
GDI GDI Property Group
4.8x2.1%AU$327.2m
GDF Garda Property Group
7.8x-2.7%AU$252.5m
ABG Abacus Group
6.8x5.1%AU$960.7m

Price-To-Sales vs Peers: ABG is expensive based on its Price-To-Sales Ratio (6.8x) compared to the peer average (4.9x).


Price to Earnings Ratio vs Industry

How does ABG's PE Ratio compare vs other companies in the Global Office REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a65.4%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a65.4%
n/an/an/a
No more companies

Price-To-Sales vs Industry: ABG is expensive based on its Price-To-Sales Ratio (6.8x) compared to the Global Office REITs industry average (5.4x).


Price to Sales Ratio vs Fair Ratio

What is ABG's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ABG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.8x
Fair PS Ratio4.3x

PM vs Fair Ratio: ABG is expensive based on its Price-To-Sales Ratio (6.8x) compared to the estimated Fair Price-To-Sales Ratio (4.3x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ABG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$1.08
AU$1.57
+45.6%
32.8%AU$2.85AU$1.20n/a8
Feb ’25AU$1.08
AU$1.57
+45.6%
32.8%AU$2.85AU$1.20n/a8
Jan ’25AU$1.15
AU$1.62
+40.5%
32.9%AU$2.85AU$1.15n/a7
Dec ’24AU$1.04
AU$1.73
+67.0%
33.6%AU$2.85AU$1.15n/a8
Nov ’24AU$0.98
AU$1.73
+76.4%
33.6%AU$2.85AU$1.15n/a8
Oct ’24AU$1.05
AU$1.78
+70.2%
30.4%AU$2.85AU$1.35n/a8
Sep ’24AU$1.18
AU$1.98
+68.5%
30.5%AU$2.85AU$1.40n/a8
Aug ’24AU$1.37
AU$2.67
+95.6%
22.0%AU$3.40AU$1.45n/a9
Jul ’24AU$2.69
AU$3.06
+13.9%
8.1%AU$3.40AU$2.52n/a9
Jun ’24AU$2.59
AU$3.08
+18.9%
7.9%AU$3.40AU$2.52n/a10
May ’24AU$2.69
AU$3.15
+17.0%
5.4%AU$3.40AU$2.90n/a9
Apr ’24AU$2.60
AU$3.15
+21.0%
5.4%AU$3.40AU$2.90n/a9
Mar ’24AU$2.80
AU$3.12
+11.5%
5.7%AU$3.40AU$2.90n/a10
Feb ’24AU$2.86
AU$3.06
+7.0%
6.1%AU$3.30AU$2.66AU$1.0810
Jan ’24AU$2.63
AU$3.09
+17.3%
6.2%AU$3.30AU$2.64AU$1.159
Dec ’23AU$2.77
AU$3.09
+11.4%
6.2%AU$3.30AU$2.64AU$1.049
Nov ’23AU$2.81
AU$3.31
+17.6%
7.4%AU$3.70AU$2.90AU$0.989
Oct ’23AU$2.49
AU$3.31
+32.8%
7.4%AU$3.70AU$2.90AU$1.059
Sep ’23AU$2.67
AU$3.29
+23.4%
7.6%AU$3.70AU$2.90AU$1.189
Aug ’23AU$2.92
AU$3.35
+14.8%
6.8%AU$3.70AU$3.00AU$1.378
Jul ’23AU$2.63
AU$3.51
+33.5%
7.7%AU$4.05AU$3.20AU$2.698
Jun ’23AU$2.97
AU$3.60
+21.2%
9.2%AU$4.10AU$3.20AU$2.598
May ’23AU$3.29
AU$3.68
+11.7%
7.2%AU$4.10AU$3.30AU$2.698
Apr ’23AU$3.30
AU$3.67
+11.3%
7.3%AU$4.10AU$3.30AU$2.608
Mar ’23AU$3.48
AU$3.68
+5.6%
7.1%AU$4.10AU$3.30AU$2.808
Feb ’23AU$3.45
AU$3.61
+4.6%
7.8%AU$4.05AU$3.10AU$2.868

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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