Stockland
Market Cap
AU$11.1b
Last Updated
2021/04/19 08:13 UTC
Data Sources
Company Financials +
Executive Summary
Stockland (ASX:SGP) was founded in 1952 and has grown to become one of Australia’s largest diversified property groups – owning, developing and managing a large portfolio of shopping centres, residential communities, workplace and logistic assets and retirement living villages. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has Stockland's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SGP is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SGP's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
0.9%
SGP
1.2%
AU REITs
1.0%
AU Market
1 Year Return
61.0%
SGP
28.1%
AU REITs
33.5%
AU Market
Return vs Industry: SGP exceeded the Australian REITs industry which returned 28.1% over the past year.
Return vs Market: SGP exceeded the Australian Market which returned 33.5% over the past year.
Shareholder returns
| SGP | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | 1.2% | 1.0% |
| 30 Day | 8.5% | 6.7% | 5.3% |
| 90 Day | 7.7% | 6.8% | 5.9% |
| 1 Year | 70.3%61.0% | 33.2%28.1% | 40.5%33.5% |
| 3 Year | 42.5%18.2% | 38.3%20.1% | 36.3%16.1% |
| 5 Year | 46.7%9.0% | 52.1%18.8% | 67.0%31.4% |
Long-Term Price Volatility Vs. Market
How volatile is Stockland's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 hours ago | Simply Wall St
If You Had Bought Stockland (ASX:SGP) Stock A Year Ago, You Could Pocket A 61% Gain Today1 month ago | Simply Wall St
How Much Of Stockland (ASX:SGP) Do Institutions Own?2 months ago | Simply Wall St
Have Insiders Been Buying Stockland (ASX:SGP) Shares This Year?Valuation
Is Stockland undervalued compared to its fair value and its price relative to the market?
36.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SGP (A$4.62) is trading below our estimate of fair value (A$7.29)
Significantly Below Fair Value: SGP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SGP is unprofitable, so we can't compare its PE Ratio to the AU REITs industry average.
PE vs Market: SGP 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 SGP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SGP's PB Ratio (1.2x) is in line with the AU REITs industry average.
Future Growth
How is Stockland forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
11.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SGP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: SGP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SGP's is expected to become profitable in the next 3 years.
Revenue vs Market: SGP's revenue (4.8% per year) is forecast to grow slower than the Australian market (5.1% per year).
High Growth Revenue: SGP's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SGP's Return on Equity is forecast to be low in 3 years time (8.3%).
Past Performance
How has Stockland performed over the past 5 years?
-33.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SGP is currently unprofitable.
Growing Profit Margin: SGP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SGP is unprofitable, and losses have increased over the past 5 years at a rate of 33.7% per year.
Accelerating Growth: Unable to compare SGP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SGP is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-1.2%).
Return on Equity
High ROE: SGP has a negative Return on Equity (-1.83%), as it is currently unprofitable.
Financial Health
How is Stockland's financial position?
Financial Position Analysis
Short Term Liabilities: SGP's short term assets (A$1.8B) do not cover its short term liabilities (A$4.1B).
Long Term Liabilities: SGP's short term assets (A$1.8B) do not cover its long term liabilities (A$5.1B).
Debt to Equity History and Analysis
Debt Level: SGP's debt to equity ratio (51.3%) is considered high.
Reducing Debt: SGP's debt to equity ratio has increased from 39.7% to 51.3% over the past 5 years.
Debt Coverage: SGP's debt is well covered by operating cash flow (24.9%).
Interest Coverage: SGP is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is Stockland current dividend yield, its reliability and sustainability?
5.70%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SGP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SGP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SGP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SGP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SGP is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SGP's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.7yrs
Average management tenure
CEO
Mark Steinert
8.25yrs
Tenure
AU$3,300,402
Compensation
Mr. Mark Andrew Steinert, BAppSc, G Dip App Fin & Inv (Sec Inst), F Fin, AAPI, has been Chief Executive Officer, Managing Director and Director of Stockland Trust Management Limited and Stockland since Jan...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD2.55M) is about average for companies of similar size in the Australian market ($USD2.56M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SGP's management team is seasoned and experienced (6.7 years average tenure).
Board Members
Experienced Board: SGP's board of directors are considered experienced (3.8 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
Stockland's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Stockland
- Ticker: SGP
- Exchange: ASX
- Founded: 1952
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: AU$11.148b
- Shares outstanding: 2.38b
- Website: https://www.stockland.com.au
Number of Employees
Location
- Stockland
- 133 Castlereagh Street
- Level 25
- Sydney
- New South Wales
- 2000
- Australia
Listings
Biography
Stockland (ASX:SGP) was founded in 1952 and has grown to become one of Australia’s largest diversified property groups – owning, developing and managing a large portfolio of shopping centres, residential c...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 08:13 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.