Aventus Group is Australia’s largest fully-integrated owner, manager and developer of large format retail centres in Australia with a portfolio of 20 centres valued at $2.2 billion. More Details
Mediocre balance sheet second-rate dividend payer.
Share Price & News
How has Aventus Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AVN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AVN exceeded the Australian REITs industry which returned -16.3% over the past year.
Return vs Market: AVN underperformed the Australian Market which returned -7% over the past year.
Price Volatility Vs. Market
How volatile is Aventus Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWhat Type Of Shareholders Own The Most Number of Aventus Group (ASX:AVN) Shares?
3 months ago | Simply Wall StAventus Group's (ASX:AVN) Shareholders Are Down 11% On Their Shares
4 months ago | Simply Wall StHas Aventus Group's (ASX:AVN) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Is Aventus Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AVN (A$2.38) is trading below our estimate of fair value (A$3.42)
Significantly Below Fair Value: AVN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AVN is poor value based on its PE Ratio (23.2x) compared to the AU REITs industry average (16.4x).
PE vs Market: AVN is poor value based on its PE Ratio (23.2x) compared to the Australian market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: AVN is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: AVN's PB Ratio (1x) is in line with the AU REITs industry average.
How is Aventus Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AVN's forecast earnings growth (10.9% per year) is above the savings rate (2.3%).
Earnings vs Market: AVN's earnings (10.9% per year) are forecast to grow slower than the Australian market (18.3% per year).
High Growth Earnings: AVN's earnings are forecast to grow, but not significantly.
Revenue vs Market: AVN's revenue is expected to decline over the next 3 years (-3.3% per year).
High Growth Revenue: AVN's revenue is forecast to decline over the next 3 years (-3.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AVN's Return on Equity is forecast to be low in 3 years time (7.9%).
How has Aventus Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVN has a large one-off loss of A$37.3M impacting its June 30 2020 financial results.
Growing Profit Margin: AVN's current net profit margins (33.4%) are lower than last year (66%).
Past Earnings Growth Analysis
Earnings Trend: AVN's earnings have grown by 16.9% per year over the past 5 years.
Accelerating Growth: AVN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AVN had negative earnings growth (-48.7%) over the past year, making it difficult to compare to the REITs industry average (6.8%).
Return on Equity
High ROE: AVN's Return on Equity (4.2%) is considered low.
How is Aventus Group's financial position?
Financial Position Analysis
Short Term Liabilities: AVN's short term assets (A$52.1M) exceed its short term liabilities (A$43.4M).
Long Term Liabilities: AVN's short term assets (A$52.1M) do not cover its long term liabilities (A$752.5M).
Debt to Equity History and Analysis
Debt Level: AVN's debt to equity ratio (56.1%) is considered high.
Reducing Debt: AVN's debt to equity ratio has reduced from 117.6% to 56.1% over the past 5 years.
Debt Coverage: AVN's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: AVN's interest payments on its debt are well covered by EBIT (4.6x coverage).
What is Aventus Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AVN's dividend (5%) is higher than the bottom 25% of dividend payers in the Australian market (2.09%).
High Dividend: AVN's dividend (5%) is low compared to the top 25% of dividend payers in the Australian market (5.45%).
Stability and Growth of Payments
Stable Dividend: AVN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AVN's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.2%), AVN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AVN's dividends in 3 years are forecast to be covered by earnings (88.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Darren Holland is Chief Executive Officer, Managing Director and Executive Director of Aventus Group and is its Founder.Mr. Holland serves as the Chief Executive Officer of Property at BB Retail Capita ...
CEO Compensation Analysis
Compensation vs Market: Darren's total compensation ($USD649.08K) is about average for companies of similar size in the Australian market ($USD924.67K).
Compensation vs Earnings: Darren's compensation has been consistent with company performance over the past year.
|CEO, MD & Executive Director||no data||AU$912.67k||1.36% |
|CFO & Company Secretary||no data||AU$732.65k||0.086% |
|Legal Counsel & Company Secretary||no data||no data||no data|
|Head of People & Culture||3yrs||no data||no data|
|Head of Leasing||1.75yrs||no data||no data|
|Head of Acquisitions||4.75yrs||no data||no data|
|Head of Asset Management||0.75yr||no data||no data|
Experienced Management: AVN's management team is considered experienced (2.4 years average tenure).
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.
Aventus Group's company bio, employee growth, exchange listings and data sources
- Name: Aventus Group
- Ticker: AVN
- Exchange: ASX
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: AU$1.328b
- Shares outstanding: 557.96m
- Website: https://www.aventusgroup.com.au
Number of Employees
- Aventus Group
- Governor Macquarie Tower
- Level 33
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AVN||CHIA (Chi-X Australia)||Yes||Stapled Securities||AU||AUD||Oct 2015|
|AVN||ASX (Australian Securities Exchange)||Yes||Stapled Securities||AU||AUD||Oct 2015|
Aventus Group is Australia’s largest fully-integrated owner, manager and developer of large format retail centres in Australia with a portfolio of 20 centres valued at $2.2 billion. Aventus Group portfolio ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/24 10:42|
|End of Day Share Price||2020/10/23 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.