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ABP.AU Abacus Property Group
AU AUD Real Estate
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Market facts
- Market cap
- 1B
- P/E ratio
- 3.64
- Analyst target
- 2.62
- Dividend yield
- 15.%
- Beta
- 0.91
Profile
Company facts
- Exchange
- AU
- Currency
- AUD
- Sector
- Real Estate
- Industry
- Residential & Commercial REITs
- ISIN
- AU000000ABP9
- Market cap
- 1B
- P/E ratio
- 3.64
- Analyst target
- 2.62
- Dividend yield
- 15.%
- Beta
- 0.91
About
About Abacus Property Group
Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Commercial property and Self Storage sectors. We invest capital in real estate opportunities to deliver superior long term returns and maximise securityholder value. Abacus is a strong asset backed, annuity style business model where capital is directed towards assets that provide potential for enhanced income growth and ultimately create value. Our people, market insight and repositioning capability together with strategic partnering are the key enablers of our strategy. Abacus is listed on the Australian Stock Exchange and is included in the S&P/ASX 200 Index and the FTSE EPRA NAREIT Global Real Estate Index Series. Abacus is comprised of Abacus Group Holdings Limited (the nominated parent entity), Abacus Group Projects Limited and Abacus Storage Operations Limited, Abacus Trust, Abacus Income Trust and Abacus Storage Property Trust. The shares and units in these entities are stapled together and trade as one security in ABP.
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Investor discussion
1 comment
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5 years, 6 months ago
Abacus Property Group is currently in a long term uptrend where the price is trading 9.8% above its 200 day moving average.
From a valuation standpoint, the stock is 31.1% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 8.0.
Abacus Property Group's total revenue sank by 17.0% to $120M since the same quarter in the previous year.
Its net income has increased by 85.0% to $152M since the same quarter in the previous year.
Finally, its free cash flow fell by 52.6% to $45M since the same quarter in the previous year.
Based on the above factors, Abacus Property Group gets an overall score of 3/5.