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1 Comment
Aventus Group is currently in a long term uptrend where the price is trading 13.2% above its 200 day moving average.
From a valuation standpoint, the stock is 16.5% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 9.7.
Aventus Group's total revenue rose by 0.1% to $87M since the same quarter in the previous year.
Its net income has increased by 43.8% to $103M since the same quarter in the previous year.
Finally, its free cash flow grew by 6550.0% to $20M since the same quarter in the previous year.
Based on the above factors, Aventus Group gets an overall score of 5/5.
ISIN | AU000000AVN2 |
---|---|
Sector | Real Estate |
Industry | Equity Real Estate Investment Trusts (REITs) |
Exchange | AU |
CurrencyCode | AUD |
Beta | 1.07 |
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Market Cap | 2B |
Target Price | 3.4 |
Dividend Yield | 5.5% |
PE Ratio | 3.3 |
Aventus Group is Australia's largest fully-integrated owner, manager and developer of large format retail centres in Australia with a portfolio of 20 centres valued at $2.2 billion. Aventus Group portfolio spans 536,000m2 in gross leasable area and features a diverse tenant base of 593 quality tenancies, with national tenants representing 87 per cent of the total portfolio. Our team of more than 70 professionals offer expertise in investment management, asset management and corporate services, delivering operational excellence and value at every stage of the investment cycle. Our single-sector focus has allowed Aventus to achieve sustainable income growth since the Fund was listed in October 2015, with consistently high occupancy, positive leasing spreads and low incentives across the portfolio.
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