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SDG

Sunland GroupASX:SDG Stock Report

Market Cap

AU$327.8m

7D

0%

1Y

29.5%

Updated

20 Oct, 2021

Data

Company Financials +
SDG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

SDG Overview

Sunland Group Limited develops and constructs residential properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Sunland Group
Historical stock prices
Current Share PriceAU$2.50
52 Week HighAU$1.92
52 Week LowAU$2.93
Beta0.70
1 Month Change1.21%
3 Month Change0.40%
1 Year Change29.53%
3 Year Change60.26%
5 Year Change61.81%
Change since IPO354.55%

Recent News & Updates

Mar 30
These 4 Measures Indicate That Sunland Group (ASX:SDG) Is Using Debt Reasonably Well

These 4 Measures Indicate That Sunland Group (ASX:SDG) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Mar 15
Should You Buy Sunland Group Limited (ASX:SDG) For Its Dividend?

Should You Buy Sunland Group Limited (ASX:SDG) For Its Dividend?

Is Sunland Group Limited ( ASX:SDG ) a good dividend stock? How can we tell? Dividend paying companies with growing...

Shareholder Returns

SDGAU Real EstateAU Market
7D0%0.8%1.7%
1Y29.5%3.6%20.2%

Return vs Industry: SDG exceeded the Australian Real Estate industry which returned 3.6% over the past year.

Return vs Market: SDG exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is SDG's price volatile compared to industry and market?
SDG volatility
SDG Beta0.70
Industry Beta0.86
Market Beta1

Stable Share Price: SDG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SDG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983n/aSahba Abedianhttps://www.sunlandgroup.com.au

Sunland Group Limited develops and constructs residential properties in Australia. The company operates through Residential Housing and Urban Development, and Multi-Storey Development segments. The Residential Housing and Urban Development segment is involved in the land subdivision and medium density integrated housing developments, as well as provides project services.

Sunland Group Fundamentals Summary

How do Sunland Group's earnings and revenue compare to its market cap?
SDG fundamental statistics
Market CapAU$327.82m
Earnings (TTM)AU$24.95m
Revenue (TTM)AU$276.14m

13.4x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SDG income statement (TTM)
RevenueAU$276.14m
Cost of RevenueAU$232.42m
Gross ProfitAU$43.72m
ExpensesAU$18.77m
EarningsAU$24.95m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.19
Gross Margin15.83%
Net Profit Margin9.03%
Debt/Equity Ratio54.2%

How did SDG perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

66%

Payout Ratio

Valuation

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

26.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SDG (A$2.5) is trading below our estimate of fair value (A$3.4)

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


Price To Earnings Ratio

PE vs Industry: SDG is good value based on its PE Ratio (13.4x) compared to the Australian Real Estate industry average (17.6x).

PE vs Market: SDG is good value based on its PE Ratio (13.4x) compared to the Australian market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SDG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SDG's PB Ratio (1.1x) is in line with the AU Real Estate industry average.


Future Growth

How is Sunland Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

22.8%

Forecasted Real Estate industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if SDG's forecast earnings growth is above the savings rate (1.9%).

Earnings vs Market: Insufficient data to determine if SDG's earnings are forecast to grow faster than the Australian market

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

Revenue vs Market: Insufficient data to determine if SDG's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if SDG's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SDG's Return on Equity is forecast to be low in 3 years time (19.5%).


Past Performance

How has Sunland Group performed over the past 5 years?

-25.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SDG has high quality earnings.

Growing Profit Margin: SDG's current net profit margins (9%) are higher than last year (1.5%).


Past Earnings Growth Analysis

Earnings Trend: SDG's earnings have declined by 25.5% per year over the past 5 years.

Accelerating Growth: SDG's earnings growth over the past year (925.4%) exceeds its 5-year average (-25.5% per year).

Earnings vs Industry: SDG earnings growth over the past year (925.4%) exceeded the Real Estate industry 84%.


Return on Equity

High ROE: SDG's Return on Equity (8%) is considered low.


Financial Health

How is Sunland Group's financial position?


Financial Position Analysis

Short Term Liabilities: SDG's short term assets (A$442.8M) exceed its short term liabilities (A$120.0M).

Long Term Liabilities: SDG's short term assets (A$442.8M) exceed its long term liabilities (A$90.7M).


Debt to Equity History and Analysis

Debt Level: SDG's debt to equity ratio (54.2%) is considered high.

Reducing Debt: SDG's debt to equity ratio has reduced from 56.7% to 54.2% over the past 5 years.

Debt Coverage: SDG's debt is well covered by operating cash flow (41.9%).

Interest Coverage: SDG earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

4.80%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SDG's dividend (4.8%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: SDG's dividend (4.8%) is low compared to the top 25% of dividend payers in the Australian market (5.33%).


Stability and Growth of Payments

Stable Dividend: SDG has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SDG's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (65.9%), SDG's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SDG's dividends in 3 years are forecast to be well covered by earnings (40% payout ratio).


Next Steps

Management

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

8.3yrs

Average board tenure


CEO

Sahba Abedian (45 yo)

15.75yrs

Tenure

AU$805,459

Compensation

Mr. Sahba Abedian, LLB (Bond University) serves as the Managing Director since 2006 and Director since January 2001 at Sunland Group Ltd. He is a qualified Lawyer and was admitted into the Supreme Court of...


CEO Compensation Analysis

Compensation vs Market: Sahba's total compensation ($USD602.21K) is about average for companies of similar size in the Australian market ($USD547.68K).

Compensation vs Earnings: Sahba's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: SDG's board of directors are considered experienced (8.3 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sunland Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sunland Group Limited
  • Ticker: SDG
  • Exchange: ASX
  • Founded: 1983
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: AU$327.821m
  • Shares outstanding: 133.26m
  • Website: https://www.sunlandgroup.com.au

Location

  • Sunland Group Limited
  • 140A Alice Street
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:05
End of Day Share Price2021/10/20 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.