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INA

Ingenia Communities GroupASX:INA Stock Report

Last Price

AU$5.77

Market Cap

AU$2.4b

7D

-3.5%

1Y

18.5%

Updated

20 Jan, 2022

Data

Company Financials +
INA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance5/6
Financial Health3/6
Dividends2/6

INA Stock Overview

Ingenia Communities (Ingenia) is a leading Australian property group that owns, operates and develops a growing portfolio of lifestyle and holiday communities across key urban and coastal markets.

Price History & Performance

Summary of all time highs, changes and price drops for Ingenia Communities Group
Historical stock prices
Current Share PriceAU$5.77
52 Week HighAU$7.08
52 Week LowAU$4.77
Beta0.63
1 Month Change-5.72%
3 Month Change-13.62%
1 Year Change18.48%
3 Year Change95.59%
5 Year Change123.64%
Change since IPO-2.86%

Recent News & Updates

Jan 10
If You Like EPS Growth Then Check Out Ingenia Communities Group (ASX:INA) Before It's Too Late

If You Like EPS Growth Then Check Out Ingenia Communities Group (ASX:INA) Before It's Too Late

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Oct 06
Should You Be Adding Ingenia Communities Group (ASX:INA) To Your Watchlist Today?

Should You Be Adding Ingenia Communities Group (ASX:INA) To Your Watchlist Today?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

INAAU REITsAU Market
7D-3.5%-1.4%-1.7%
1Y18.5%18.3%7.7%

Return vs Industry: INA matched the Australian REITs industry which returned 18.3% over the past year.

Return vs Market: INA exceeded the Australian Market which returned 7.7% over the past year.

Price Volatility

Is INA's price volatile compared to industry and market?
INA volatility
INA Average Weekly Movement3.7%
REITs Industry Average Movement3.2%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.3%
10% least volatile stocks in AU Market3.6%

Stable Share Price: INA is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: INA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aSimon Owenhttps://www.ingeniacommunities.com.au

Ingenia Communities (Ingenia) is a leading Australian property group that owns, operates and develops a growing portfolio of lifestyle and holiday communities across key urban and coastal markets. We are committed to creating communities where our residents and visitors can truly belong. Ingenia is an S&P/ASX 200 entity with a market capitalisation of over $1.2 billion and listed on the Australian Securities Exchange under the stock market trading code ‘INA’.

Ingenia Communities Group Fundamentals Summary

How do Ingenia Communities Group's earnings and revenue compare to its market cap?
INA fundamental statistics
Market CapAU$2.42b
Earnings (TTM)AU$72.78m
Revenue (TTM)AU$296.42m

32.2x

P/E Ratio

7.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INA income statement (TTM)
RevenueAU$296.42m
Cost of RevenueAU$115.77m
Gross ProfitAU$180.65m
ExpensesAU$107.86m
EarningsAU$72.78m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Feb 22, 2022

Earnings per share (EPS)0.18
Gross Margin60.94%
Net Profit Margin24.55%
Debt/Equity Ratio24.9%

How did INA perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

22%

Payout Ratio

Valuation

Is Ingenia Communities Group undervalued compared to its fair value and its price relative to the market?

32.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: INA (A$5.77) is trading above our estimate of fair value (A$5.12)

Significantly Below Fair Value: INA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: INA is poor value based on its PE Ratio (32.2x) compared to the Australian REITs industry average (9.8x).

PE vs Market: INA is poor value based on its PE Ratio (32.2x) compared to the Australian market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: INA is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: INA is overvalued based on its PB Ratio (2.4x) compared to the AU REITs industry average (1.2x).


Future Growth

How is Ingenia Communities Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

27.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: INA's forecast earnings growth (27% per year) is above the savings rate (1.9%).

Earnings vs Market: INA's earnings (27% per year) are forecast to grow faster than the Australian market (11.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: INA's revenue (11.6% per year) is forecast to grow faster than the Australian market (4.9% per year).

High Growth Revenue: INA's revenue (11.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: INA's Return on Equity is forecast to be low in 3 years time (8%).


Past Performance

How has Ingenia Communities Group performed over the past 5 years?

16.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INA has high quality earnings.

Growing Profit Margin: INA's current net profit margins (24.6%) are higher than last year (12.9%).


Past Earnings Growth Analysis

Earnings Trend: INA's earnings have grown by 16.3% per year over the past 5 years.

Accelerating Growth: INA's earnings growth over the past year (131.4%) exceeds its 5-year average (16.3% per year).

Earnings vs Industry: INA earnings growth over the past year (131.4%) exceeded the REITs industry 106.4%.


Return on Equity

High ROE: INA's Return on Equity (7.3%) is considered low.


Financial Health

How is Ingenia Communities Group's financial position?


Financial Position Analysis

Short Term Liabilities: INA's short term assets (A$48.3M) do not cover its short term liabilities (A$69.9M).

Long Term Liabilities: INA's short term assets (A$48.3M) do not cover its long term liabilities (A$291.5M).


Debt to Equity History and Analysis

Debt Level: INA's net debt to equity ratio (23%) is considered satisfactory.

Reducing Debt: INA's debt to equity ratio has increased from 23.3% to 24.9% over the past 5 years.

Debt Coverage: INA's debt is well covered by operating cash flow (55.7%).

Interest Coverage: INA's interest payments on its debt are well covered by EBIT (19.2x coverage).


Balance Sheet


Dividend

What is Ingenia Communities Group current dividend yield, its reliability and sustainability?

1.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: INA's dividend (1.82%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.21%).

High Dividend: INA's dividend (1.82%) is low compared to the top 25% of dividend payers in the Australian market (5.47%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, INA has been paying a dividend for less than 10 years.

Growing Dividend: INA's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.3%), INA's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: INA's dividends in 3 years are forecast to be well covered by earnings (45.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average management tenure


CEO

Simon Owen

12.17yrs

Tenure

AU$1,458,190

Compensation

Mr. Simon Richard Owen has been Chief Executive Officer at Ingenia Communities Holdings Limited since November 2009 and serves as its Managing Director and Executive Director. Mr. Owen joined Ingenia Commu...


CEO Compensation Analysis

Compensation vs Market: Simon's total compensation ($USD1.05M) is about average for companies of similar size in the Australian market ($USD1.38M).

Compensation vs Earnings: Simon's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: INA's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: INA's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: INA insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.4%.


Top Shareholders

Company Information

Ingenia Communities Group's employee growth, exchange listings and data sources


Key Information

  • Name: Ingenia Communities Group
  • Ticker: INA
  • Exchange: ASX
  • Founded: 2007
  • Industry: Residential REITs
  • Sector: Real Estate
  • Implied Market Cap: AU$2.422b
  • Shares outstanding: 406.42m
  • Website: https://www.ingeniacommunities.com.au

Location

  • Ingenia Communities Group
  • 115 Pitt Street
  • Level 9
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 07:03
End of Day Share Price2022/01/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.