company background image
ABG logo

Abacus Group ASX:ABG Stock Report

Last Price

AU$1.25

Market Cap

AU$1.1b

7D

2.9%

1Y

-51.7%

Updated

28 Mar, 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.

ABG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends6/6

Abacus Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Abacus Group
Historical stock prices
Current Share PriceAU$1.25
52 Week HighAU$2.80
52 Week LowAU$0.94
Beta1.13
1 Month Change14.68%
3 Month Change8.70%
1 Year Change-51.74%
3 Year Change-55.20%
5 Year Change-65.94%
Change since IPO-78.07%

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
7D2.9%0.8%1.5%
1Y-51.7%-11.0%11.6%

Return vs Industry: ABG underperformed the Australian Office REITs industry which returned -11% over the past year.

Return vs Market: ABG underperformed the Australian Market which returned 11.6% over the past year.

Price Volatility

Is ABG's price volatile compared to industry and market?
ABG volatility
ABG Average Weekly Movement3.3%
Office REITs Industry Average Movement3.4%
Market Average Movement8.7%
10% most volatile stocks in AU Market17.1%
10% least volatile stocks in AU Market3.2%

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

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

About the Company

FoundedEmployeesCEOWebsite
2001n/aSteven Sewellhttps://www.abacusproperty.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$1.09b
Earnings (TTM)-AU$324.30m
Revenue (TTM)AU$150.14m

7.4x

P/S Ratio

-3.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABG income statement (TTM)
RevenueAU$150.14m
Cost of RevenueAU$43.89m
Gross ProfitAU$106.26m
Other ExpensesAU$430.56m
Earnings-AU$324.30m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 30, 2024

Earnings per share (EPS)-0.36
Gross Margin70.77%
Net Profit Margin-215.99%
Debt/Equity Ratio53.5%

How did ABG perform over the long term?

See historical performance and comparison

Dividends

14.7%

Current Dividend Yield

89%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.