Scentre Group

DB:59S Stock Report

Market Cap: €10.7b

Scentre Group Valuation

Is 59S undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 59S when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 59S (€2.03) is trading above our estimate of fair value (€1.8)

Significantly Below Fair Value: 59S is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 59S?

Key metric: As 59S is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 59S. This is calculated by dividing 59S's market cap by their current earnings.
What is 59S's PE Ratio?
PE Ratio41.4x
EarningsAU$429.40m
Market CapAU$17.77b

Price to Earnings Ratio vs Peers

How does 59S's PE Ratio compare to its peers?

The above table shows the PE ratio for 59S vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average44.5x
HABA Hamborner REIT
62.4x9.5%€510.8m
DKG Deutsche Konsum REIT-AG
64.9x52.7%€127.6m
C38U CapitaLand Integrated Commercial Trust
16.6x2.8%S$13.9b
REG Regency Centers
34.3x4.1%US$13.4b
59S Scentre Group
41.4x21.7%€17.8b

Price-To-Earnings vs Peers: 59S is good value based on its Price-To-Earnings Ratio (41.4x) compared to the peer average (44.5x).

Price to Earnings Ratio vs Industry

How does 59S's PE Ratio compare vs other companies in the European Retail REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
59S 41.4xIndustry Avg. 22.5xNo. of Companies5PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 59S is expensive based on its Price-To-Earnings Ratio (41.4x) compared to the European Retail REITs industry average (22.5x).

Price to Earnings Ratio vs Fair Ratio

What is 59S's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

59S PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio41.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 59S's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 59S forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€2.03
€2.29
+13.2%
7.3%€2.71€2.13n/a10
Dec ’25€2.26
€2.32
+3.0%
6.7%€2.69€2.16n/a10
Nov ’25€2.09
€2.33
+11.7%
6.8%€2.70€2.17n/a10
Oct ’25€2.24
€2.28
+2.0%
3.8%€2.42€2.17n/a10
Sep ’25€2.10
€2.13
+1.7%
7.5%€2.31€1.79n/a12
Aug ’25€2.10
€2.05
-2.5%
8.6%€2.29€1.77n/a12
Jul ’25€1.95
€2.10
+7.7%
8.3%€2.35€1.82n/a12
Jun ’25€1.90
€2.05
+7.8%
9.3%€2.33€1.70n/a13
May ’25€1.92
€2.00
+4.3%
9.1%€2.30€1.68n/a14
Apr ’25€2.03
€1.97
-3.1%
8.2%€2.18€1.68n/a14
Mar ’25€1.88
€1.96
+4.1%
7.9%€2.14€1.67n/a14
Feb ’25€1.82
€1.86
+2.4%
8.9%€2.12€1.64n/a13
Jan ’25€1.83
€1.79
-2.1%
11.6%€2.06€1.41n/a13
Dec ’24€1.60
€1.79
+11.7%
11.6%€2.06€1.41€2.2613
Nov ’24€1.47
€1.83
+24.5%
8.6%€2.04€1.53€2.0913
Oct ’24€1.50
€1.87
+24.7%
9.2%€2.12€1.54€2.2412
Sep ’24€1.61
€1.84
+14.5%
8.9%€2.09€1.52€2.1013
Aug ’24€1.70
€1.86
+9.5%
9.2%€2.13€1.50€2.1013
Jul ’24€1.61
€1.95
+21.2%
8.2%€2.24€1.64€1.9513
Jun ’24€1.62
€1.93
+18.6%
7.5%€2.19€1.60€1.9013
May ’24€1.69
€1.91
+13.1%
7.5%€2.17€1.58€1.9213
Apr ’24€1.66
€2.03
+22.2%
7.3%€2.30€1.68€2.0314
Mar ’24€1.85
€2.03
+9.4%
7.3%€2.30€1.68€1.8814
Feb ’24€1.97
€2.03
+3.3%
9.9%€2.41€1.64€1.8214
Jan ’24€1.81
€2.01
+10.6%
9.3%€2.40€1.63€1.8315
Dec ’23€1.92
€2.01
+4.3%
9.3%€2.40€1.63€1.6015

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 10:27
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Scentre Group is covered by 23 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited
Nicholas McGarrigleBarrenjoey Markets Pty Limited