Abacus Property Group Logo

Abacus Property Group

ABP.AX

(3.0)
Stock Price

1,20 AUD

9.76% ROA

0.74% ROE

1.96x PER

Market Cap.

1.072.389.631,00 AUD

48.82% DER

7.83% Yield

17.33% NPM

Abacus Property Group Stock Analysis

Abacus Property Group Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Abacus Property Group Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (16.15%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 PBV

The stock's low PBV ratio (0.29x) suggests it's undervalued, making it an attractive opportunity for investors.

3 DER

The stock has a low debt to equity ratio (49%), which means it has a small amount of debt compared to the ownership it holds

4 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

6 ROA

The stock's ROA (9.76%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

7 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

10 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (1) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Abacus Property Group Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Abacus Property Group Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Sell
4 Stoch RSI Buy

Abacus Property Group Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Abacus Property Group Revenue
Year Revenue Growth
2002 0
2003 30.900.000 100%
2004 118.690.000 73.97%
2005 70.539.000 -68.26%
2006 62.817.000 -12.29%
2007 73.185.000 14.17%
2008 76.436.000 4.25%
2009 78.927.000 3.16%
2010 71.238.000 -10.79%
2011 152.276.000 53.22%
2012 200.610.000 24.09%
2013 251.790.000 20.33%
2014 107.336.000 -134.58%
2015 196.350.000 45.33%
2016 195.595.000 -0.39%
2017 201.494.000 2.93%
2018 259.512.000 22.36%
2019 227.833.000 -13.9%
2020 215.444.000 -5.75%
2021 215.444.000 0%
2022 308.388.000 30.14%
2023 147.075.000 -109.68%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Abacus Property Group Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Abacus Property Group General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 0
2003 3.204.000 100%
2004 4.721.000 32.13%
2005 6.011.000 21.46%
2006 9.107.000 34%
2007 12.026.000 24.27%
2008 15.616.000 22.99%
2009 19.500.000 19.92%
2010 20.982.000 7.06%
2011 22.027.000 4.74%
2012 12.116.000 -81.8%
2013 14.752.000 17.87%
2014 12.885.000 -14.49%
2015 15.931.000 19.12%
2016 14.488.000 -9.96%
2017 17.877.000 18.96%
2018 19.106.000 6.43%
2019 29.239.000 34.66%
2020 25.889.000 -12.94%
2021 25.889.000 0%
2022 70.042.000 63.04%
2023 35.115.000 -99.46%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Abacus Property Group EBITDA
Year EBITDA Growth
2002 0
2003 49.482.000 100%
2004 45.091.000 -9.74%
2005 51.440.000 12.34%
2006 111.782.000 53.98%
2007 151.842.000 26.38%
2008 109.916.000 -38.14%
2009 -57.310.000 291.79%
2010 60.109.000 195.34%
2011 71.092.000 15.45%
2012 94.850.000 25.05%
2013 137.562.000 31.05%
2014 181.919.000 24.38%
2015 198.949.000 8.56%
2016 271.734.000 26.79%
2017 326.962.000 16.89%
2018 308.523.000 -5.98%
2019 246.191.000 -25.32%
2020 133.139.000 -84.91%
2021 127.782.000 -4.19%
2022 595.402.000 78.54%
2023 -217.467.000 373.79%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Abacus Property Group Gross Profit
Year Gross Profit Growth
2002 0
2003 30.569.000 100%
2004 114.529.000 73.31%
2005 64.988.000 -76.23%
2006 54.355.000 -19.56%
2007 58.254.000 6.69%
2008 64.086.000 9.1%
2009 67.521.000 5.09%
2010 59.561.000 -13.36%
2011 75.651.000 21.27%
2012 166.077.000 54.45%
2013 233.984.000 29.02%
2014 87.178.000 -168.4%
2015 176.760.000 50.68%
2016 177.781.000 0.57%
2017 158.017.000 -12.51%
2018 212.746.000 25.73%
2019 167.294.000 -27.17%
2020 149.527.000 -11.88%
2021 149.527.000 0%
2022 238.741.000 37.37%
2023 105.195.000 -126.95%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Abacus Property Group Net Profit
Year Net Profit Growth
2002 0
2003 33.808.000 100%
2004 34.725.000 2.64%
2005 -678.000 5221.68%
2006 101.236.000 100.67%
2007 118.811.000 14.79%
2008 71.460.000 -66.26%
2009 -102.412.000 169.78%
2010 25.436.000 502.63%
2011 17.350.000 -46.61%
2012 8.470.000 -104.84%
2013 61.052.000 86.13%
2014 108.273.000 43.61%
2015 133.498.000 18.9%
2016 185.886.000 28.18%
2017 285.097.000 34.8%
2018 243.709.000 -16.98%
2019 202.723.000 -20.22%
2020 84.727.000 -139.27%
2021 84.727.000 0%
2022 517.165.000 83.62%
2023 25.495.000 -1928.5%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Abacus Property Group Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 1 0%
2004 1 0%
2005 0 0%
2006 1 100%
2007 1 0%
2008 1 0%
2009 -1 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 1 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Abacus Property Group Free Cashflow
Year Free Cashflow Growth
2003 0
2004 0 0%
2005 -27.000 100%
2006 -9.516.000 99.72%
2007 -2.302.000 -313.38%
2008 -21.653.000 89.37%
2009 -150.000 -14335.33%
2010 -87.180.000 99.83%
2011 -1.104.000 -7796.74%
2012 -1.230.000 10.24%
2013 -7.822.000 84.28%
2014 -6.764.000 -15.64%
2015 -3.640.000 -85.82%
2016 -3.555.000 -2.39%
2017 -1.100.000 -223.18%
2018 -2.105.000 47.74%
2019 102.011.000 102.06%
2020 197.602.000 48.38%
2021 -1.948.500 10241.24%
2022 562.000 446.71%
2023 144.746.000 99.61%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Abacus Property Group Operating Cashflow
Year Operating Cashflow Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 109.092.000 100%
2020 205.396.000 46.89%
2021 0 0%
2022 4.307.000 100%
2023 153.050.000 97.19%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Abacus Property Group Capital Expenditure
Year Capital Expenditure Growth
2003 0
2004 0 0%
2005 27.000 100%
2006 9.516.000 99.72%
2007 2.302.000 -313.38%
2008 21.653.000 89.37%
2009 150.000 -14335.33%
2010 87.180.000 99.83%
2011 1.104.000 -7796.74%
2012 1.230.000 10.24%
2013 7.822.000 84.28%
2014 6.764.000 -15.64%
2015 3.640.000 -85.82%
2016 3.555.000 -2.39%
2017 1.100.000 -223.18%
2018 2.105.000 47.74%
2019 7.081.000 70.27%
2020 7.794.000 9.15%
2021 1.948.500 -300%
2022 3.745.000 47.97%
2023 8.304.000 54.9%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Abacus Property Group Equity
Year Equity Growth
2002 281.410.000
2003 290.581.000 3.16%
2004 302.744.000 4.02%
2005 403.805.000 25.03%
2006 673.111.000 40.01%
2007 803.205.000 16.2%
2008 924.999.000 13.17%
2009 989.727.000 6.54%
2010 1.102.869.000 10.26%
2011 1.093.318.000 -0.87%
2012 1.107.892.000 1.32%
2013 1.127.820.000 1.77%
2014 1.290.190.000 12.58%
2015 1.438.128.000 10.29%
2016 1.559.277.000 7.77%
2017 1.814.621.000 14.07%
2018 1.916.702.000 5.33%
2019 1.965.404.000 2.48%
2020 2.206.714.000 10.94%
2021 2.901.879.000 23.96%
2022 3.501.109.000 17.12%
2023 3.361.689.000 -4.15%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Abacus Property Group Assets
Year Assets Growth
2002 426.486.000
2003 414.195.000 -2.97%
2004 416.059.000 0.45%
2005 593.520.000 29.9%
2006 1.163.280.000 48.98%
2007 1.270.254.000 8.42%
2008 1.647.193.000 22.88%
2009 1.445.793.000 -13.93%
2010 1.505.301.000 3.95%
2011 1.601.622.000 6.01%
2012 2.106.817.000 23.98%
2013 2.127.800.000 0.99%
2014 2.079.336.000 -2.33%
2015 2.137.247.000 2.71%
2016 2.450.290.000 12.78%
2017 2.436.670.000 -0.56%
2018 2.795.617.000 12.84%
2019 2.827.661.000 1.13%
2020 3.342.036.000 15.39%
2021 4.059.057.000 17.66%
2022 5.407.059.000 24.93%
2023 5.606.174.000 3.55%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Abacus Property Group Liabilities
Year Liabilities Growth
2002 145.076.000
2003 123.614.000 -17.36%
2004 113.315.000 -9.09%
2005 189.715.000 40.27%
2006 490.169.000 61.3%
2007 467.049.000 -4.95%
2008 722.194.000 35.33%
2009 456.066.000 -58.35%
2010 402.432.000 -13.33%
2011 508.304.000 20.83%
2012 998.925.000 49.11%
2013 999.980.000 0.11%
2014 789.146.000 -26.72%
2015 699.119.000 -12.88%
2016 891.013.000 21.54%
2017 622.049.000 -43.24%
2018 878.915.000 29.23%
2019 862.257.000 -1.93%
2020 1.135.322.000 24.05%
2021 1.157.178.000 1.89%
2022 1.905.950.000 39.29%
2023 2.244.485.000 15.08%

Abacus Property Group Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.36
Net Income per Share
0.61
Price to Earning Ratio
1.96x
Price To Sales Ratio
3.48x
POCF Ratio
235.78
PFCF Ratio
1908.17
Price to Book Ratio
0.29
EV to Sales
8.45
EV Over EBITDA
4.38
EV to Operating CashFlow
604.86
EV to FreeCashFlow
4635.45
Earnings Yield
0.51
FreeCashFlow Yield
0
Market Cap
1,07 Bil.
Enterprise Value
2,61 Bil.
Graham Number
7.54
Graham NetNet
-1.99

Income Statement Metrics

Net Income per Share
0.61
Income Quality
0.01
ROE
0.16
Return On Assets
0
Return On Capital Employed
-0.05
Net Income per EBT
-0.11
EBT Per Ebit
1.07
Ebit per Revenue
-1.48
Effective Tax Rate
-0.02

Margins

Sales, General, & Administrative to Revenue
0.23
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.72
Operating Profit Margin
-1.48
Pretax Profit Margin
-1.58
Net Profit Margin
0.17

Dividends

Dividend Yield
0.08
Dividend Yield %
7.83
Payout Ratio
0.2
Dividend Per Share
0.09

Operating Metrics

Operating Cashflow per Share
0.01
Free CashFlow per Share
0
Capex to Operating CashFlow
-0.87
Capex to Revenue
-0.01
Capex to Depreciation
-0.87
Return on Invested Capital
0.11
Return on Tangible Assets
0.1
Days Sales Outstanding
51.45
Days Payables Outstanding
665.73
Days of Inventory on Hand
109.37
Receivables Turnover
7.09
Payables Turnover
0.55
Inventory Turnover
3.34
Capex per Share
-0

Balance Sheet

Cash per Share
0,21
Book Value per Share
4,14
Tangible Book Value per Share
4.01
Shareholders Equity per Share
4.14
Interest Debt per Share
2.07
Debt to Equity
0.49
Debt to Assets
0.32
Net Debt to EBITDA
2.57
Current Ratio
1.8
Tangible Asset Value
3,40 Bil.
Net Current Asset Value
-1,66 Bil.
Invested Capital
0.49
Working Capital
0,11 Bil.
Intangibles to Total Assets
0.02
Average Receivables
0,04 Bil.
Average Payables
0,12 Bil.
Average Inventory
91220000
Debt to Market Cap
1.59

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Abacus Property Group Dividends
Year Dividends Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Abacus Property Group Profile

About Abacus Property Group

Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Office 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. Located in a single corporate office in Sydney, Australia, Abacus is listed on the Australian Stock Exchange and is included in the S&P/ASX 200 index. 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.

CEO
Mr. Steven Craig Sewell B.Sc.,
Employee
738
Address
Australia Square
Sydney, 2000

Abacus Property Group Executives & BODs

Abacus Property Group Executives & BODs
# Name Age
1 Mr. Cameron Laird
Director of Property Devel.s
70
2 Mr. Evan Goodridge
Chief Financial Officer
70
3 Mr. Steven Craig Sewell B.Sc., BSc
MD & Director
70
4 Ms. Belinda Cleminson
Company Sec.
70
5 Mr. Philip Peterson
Director of Self-Storage
70
6 Mr. Neil Summerfield
Gen. Mang. of Corporation Devel.
70
7 Mr. Robert Baulderstone B.A., BA, C.A., CA, FCIS
Executive Officer
70
8 Mr. Peter Strain
Director of Property Investment
70
9 Ms. Paula Bauchinger
Executive Gen. Mang. of People & Culture
70
10 Michael Tate
Chief Executive Officer of Storage King
70
11 Mr. Gavin Lechem
Chief Investment Officer & Gen. Counsel
70
12 Cynthia Rouse
GM of Investor Relations & Corporation Communications
70
13 Ms. Nikki Lawson
Group Gen. Mang. of Strategy & Self Storage
70

Abacus Property Group Competitors

Charter Hall Group Logo
Charter Hall Group

CHC.AX

(3.0)
Dexus Logo
Dexus

DXS.AX

(2.5)