Abacus Group Future Growth

Future criteria checks 3/6

Abacus Group is forecast to grow earnings and revenue by 53.6% and 1.2% per annum respectively. EPS is expected to grow by 52.9% per annum. Return on equity is forecast to be 4.5% in 3 years.

Key information

53.6%

Earnings growth rate

52.9%

EPS growth rate

Office REITs earnings growth	50.7%
Revenue growth rate	1.2%
Future return on equity	4.5%
Analyst coverage	Good
Last updated	23 Oct 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

CHIA:ABG - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	202	96	64	83	3
6/30/2026	197	91	63	80	3
6/30/2025	192	72	48	99	3
6/30/2024	192	-242	44	44	N/A
3/31/2024	171	-283	101	101	N/A
12/31/2023	150	-324	221	221	N/A
9/30/2023	146	-281	187	187	N/A
6/30/2023	141	-238	89	89	N/A
12/31/2022	-2	-254	31	31	N/A
9/30/2022	78	-67	95	95	N/A
6/30/2022	158	119	158	158	N/A
3/31/2022	380	525	152	152	N/A
12/31/2021	392	532	145	145	N/A
9/30/2021	340	451	138	138	N/A
6/30/2021	289	369	132	132	N/A
3/31/2021	275	262	143	143	N/A
12/31/2020	261	154	154	154	N/A
9/30/2020	273	120	179	179	N/A
6/30/2020	284	85	205	205	N/A
3/31/2020	298	121	188	188	N/A
12/31/2019	312	157	170	170	N/A
9/30/2019	307	179	140	140	N/A
6/30/2019	303	201	109	109	N/A
12/31/2018	355	249	161	161	N/A
9/30/2018	367	244	177	177	N/A
6/30/2018	379	240	194	194	N/A
3/31/2018	357	227	N/A	162	N/A
12/31/2017	319	211	N/A	129	N/A
9/30/2017	320	248	N/A	123	N/A
6/30/2017	321	285	N/A	116	N/A
3/31/2017	319	294	N/A	111	N/A
12/31/2016	316	302	N/A	105	N/A
9/30/2016	308	244	N/A	98	N/A
6/30/2016	301	186	N/A	92	N/A
3/31/2016	313	166	N/A	110	N/A
12/31/2015	326	147	N/A	129	N/A
9/30/2015	323	140	N/A	124	N/A
6/30/2015	321	133	N/A	119	N/A
3/31/2015	330	128	N/A	122	N/A
12/31/2014	339	123	N/A	125	N/A
9/30/2014	363	116	N/A	123	N/A
6/30/2014	388	108	N/A	121	N/A
3/31/2014	364	96	N/A	94	N/A
12/31/2013	341	85	N/A	68	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ABG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: ABG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ABG is expected to become profitable in the next 3 years.

Revenue vs Market: ABG's revenue (1.2% per year) is forecast to grow slower than the Australian market (5.7% per year).

High Growth Revenue: ABG's revenue (1.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ABG's Return on Equity is forecast to be low in 3 years time (4.5%).

Abacus Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Recent updates

Now 21% undervalued

Insufficient new directors

Sally Herman to Retire from Abacus Group Board, Effective September 30, 2024

HMC Capital Limited (ASX:HMC) acquired Market Central Lutwyche from Abacus Group (ASX:ABG) and ISPT Retail Australia Property Trust managed by ISPT Pty Ltd for approximately AUD 120 million.

Full year 2024 earnings released: AU$0.27 loss per share (vs AU$0.27 loss in FY 2023)

Dividend of AU$0.043 announced

Now 22% overvalued after recent price rise

Now 21% overvalued after recent price rise

Abacus Group, Annual General Meeting, Nov 20, 2024

First half 2024 earnings released: AU$0.16 loss per share (vs AU$0.095 profit in 1H 2023)

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 54%

Abacus Property Group Announces Executive Changes

Upcoming dividend of AU$0.094 per share at 7.1% yield

Abacus Property Group Announces Dividend for the Six Months Ending June 30, 2023, Payable on August 31, 2023

Non-Executive Director recently bought AU$50k worth of stock

First half 2023 earnings released: EPS: AU$0.095 (vs AU$0.38 in 1H 2022)

Now 21% undervalued

Upcoming dividend of AU$0.09 per share

Abacus Property Group Announces Dividend on ABP - FULLY PAID ORDINARY/UNITS STAPLED SECURITIES for the Six Months Ended Dec. 31, 2022 Payable on Feb. 28, 2022

Abacus Group Appoints Sally Herman as A Non-Executive Director, Effective 16 December 2022

Abacus Property Group Announces Retirement of Holly Kramer as Director

Abacus Property Group Announces Executive Changes

Abacus Property Group, Annual General Meeting, Nov 23, 2022

MD & Director recently bought AU$90k worth of stock

MD & Director recently bought AU$180k worth of stock

Abacus Property Group Provides Distribution Guidance for the Fiscal Year 2023

Full year 2022 earnings released: EPS: AU$0.61 (vs AU$0.50 in FY 2021)

Abacus Property Group Announces Dividend for the Six Months Ending June 30, 2022, Payable on August 31, 2022

Abacus Property Group Announces Executive Changes

Wing Tai Holdings Limited (SGX:W05) agreed to acquire remaining 50% stake in VACC House from Abacus Property Group (ASX:ABP) for AUD 49.4 million.

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Australian Unity Office Fund Reportedly Eyes Asset Sales

Upcoming dividend of AU$0.087 per share

Abacus Property Group (ASX:ABP) agreed to acquire 77 Castlereagh Street, Sydney NSW for AUD 250 million.

MD & Director recently bought AU$409k worth of stock

Full year 2021 earnings released: FFO AU$0.18 per share (vs AU$0.19 in FY 2020)

Abacus Property Group Announces Special Distribution, Payable on September 30, 2021

High number of new directors

Abacus Property Group (ASX:ABP) agreed to acquire Portfolio of Five Self Storage Assets in Sydney from Storage King Funds Management Limited for AUD 160 million.

Upcoming dividend of AU$0.085 per share

Abacus Property Group (ASX:ABP) acquired remaining 60% stake in Oasis Shopping Centre, Broadbeach, Queensland from KKR & Co. Inc. (NYSE:KKR) for approximately AUD 100 million.

First half 2021 earnings released: FFO AU$0.092 per share (vs AU$0.11 in 1H 2020)

Walker Corporation Pty Ltd. agreed to acquire 50% of 710 Collins Street, Melbourne from Abacus Property Group (ASX:ABP) for AUD 56 million.

Abacus & Walker Corporation Enter Development Joint Venture with Walker Corporation

New 90-day low: AU$2.77

Abacus Property Group to Report First Half, 2021 Results on Feb 18, 2021

New 90-day high: AU$3.02

Abacus Property Group (ASX:ABP) entered into an unconditional agreement to acquire remaining 75% stake in Storage King Pty Ltd. for AUD 50 million.

New 90-day high: AU$2.97

MD & Director recently bought AU$129k worth of stock

MD & Director recently bought AU$59k worth of stock

Full year earnings released - FFO AU$0.19 per share

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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