Aveo Group invests in, develops, and manages retirement villages in Australia.
No risks detected for AOG from our risk checks.
Reasonable growth potential and overvalued.
Share Price & News
How has Aveo Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AOG has not had significant price volatility in the past 3 months.
7 Day Return
AU Real Estate
1 Year Return
AU Real Estate
Return vs Industry: AOG underperformed the Australian Real Estate industry which returned 44.4% over the past year.
Return vs Market: AOG exceeded the Australian Market which returned 19.4% over the past year.
Price Volatility Vs. Market
How volatile is Aveo Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall StOne Thing To Remember About The Aveo Group (ASX:AOG) Share Price
8 months ago | Simply Wall StIs Aveo Group's (ASX:AOG) 4.2% Dividend Worth Your Time?
9 months ago | Simply Wall StIs Aveo Group's (ASX:AOG) CEO Pay Justified?
Is Aveo Group undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: AOG (A$2.14) is trading above our estimate of fair value (A$0.83)
Significantly Below Fair Value: AOG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AOG is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.
PE vs Market: AOG is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AOG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AOG is good value based on its PB Ratio (0.6x) compared to the AU Real Estate industry average (1x).
How is Aveo Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AOG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: AOG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AOG's is expected to become profitable in the next 3 years.
Revenue vs Market: AOG's revenue (16.2% per year) is forecast to grow faster than the Australian market (3.8% per year).
High Growth Revenue: AOG's revenue (16.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AOG's Return on Equity is forecast to be low in 3 years time (3.3%).
How has Aveo Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AOG is currently unprofitable.
Growing Profit Margin: AOG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AOG is unprofitable, but has reduced losses over the past 5 years at a rate of 13.6% per year.
Accelerating Growth: Unable to compare AOG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AOG is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-2.4%).
Return on Equity
High ROE: AOG has a negative Return on Equity (-10.76%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Aveo Group's financial position?
Financial Position Analysis
Short Term Liabilities: AOG's short term assets (A$312.5M) do not cover its short term liabilities (A$383.8M).
Long Term Liabilities: AOG's short term assets (A$312.5M) do not cover its long term liabilities (A$4.1B).
Debt to Equity History and Analysis
Debt Level: AOG's debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: AOG's debt to equity ratio has increased from 25.5% to 38.4% over the past 5 years.
Inventory Level: AOG has a low level of unsold assets or inventory.
Debt Coverage by Assets: AOG's debt is not covered by short term assets (assets are 0.4x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AOG has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: AOG has been profitable on average in the past, therefore cash runway is not a concern.
What is Aveo Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: AOG's dividend (2.1%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.34%).
High Dividend: AOG's dividend (2.1%) is low compared to the top 25% of dividend payers in the Australian market (5.47%).
Stability and Growth of Payments
Stable Dividend: AOG's dividend payments have been volatile in the past 10 years.
Growing Dividend: AOG's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: AOG is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: AOG's dividends in 3 years are forecast to be covered by earnings (58% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Aveo Group has no CEO, or we have no data on them.
|Chief Financial Officer||9.7yrs||AU$1.35m||0.15% A$1.9m|
|Head of Sales and Marketing||0.9yrs||no data||no data|
|Head of Development||1.4yrs||no data||no data|
|Head of Community of Southern Region||1.4yrs||no data||no data|
|Head of Community of Northern Region||1.3yrs||no data||no data|
|Head of Care||1.3yrs||no data||no data|
|Company Secretary||1.5yrs||no data||no data|
Experienced Management: AOG's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Aveo Group's company bio, employee growth, exchange listings and data sources
- Name: Aveo Group
- Ticker: AOG
- Exchange: ASX
- Founded: 1987
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: AU$1.238b
- Shares outstanding: 578.65m
- Website: https://www.aveo.com.au
- Aveo Group
- 99 Macquarie Street
- Level 5
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AOG||ASX (Australian Securities Exchange)||Yes||Stapled Securities||AU||AUD||Dec 1993|
|AOG||CHIA (Chi-X Australia)||Yes||Stapled Securities||AU||AUD||Dec 1993|
Aveo Group invests in, develops, and manages retirement villages in Australia. The company operates in four segments: Retirement Established Business, Retirement Development, Retirement Care and Support, and Non-Retirement. It is also involved in the development and resale of land and residential and retail properties; investment and management of income producing retail, commercial, and industrial properties; and funds and asset management activities. The company operates approximately 94 retirement and aged care communities; and 13,000 residents. The company was formerly known as FKP Property Group and changed its name to Aveo Group in November 2013. Aveo Group was incorporated in 1987 and is based in Sydney, Australia. As of November 29, 2019, Aveo Group operates as a subsidiary of Brookfield Financial Properties L.P..
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/12/03 10:35|
|End of Day Share Price||2019/11/13 00:00|
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.