Abacus Property Group Share Price and Company Fundamentals



Price
$3.58
Change
-0.030 (-0.831%)
52 week
2.59 - 3.67

Last traded: Today at 2:28 AM

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.

Key Metrics

PE ratio

7.19

PB ratio

1.01

Dividend yield

4.71%

Beta

0.85

Market cap

$20.83B

Enterprise value

$3.89B

Company profile

Primary activitiesAbacus Property Group is a leading diversified property group that specialises in investing in core plus property opportunities across commercial property markets in Australia and New Zealand. Abacus' strategy is to invest our capital into core plus pro
Industry / SectorREIT—Diversified / Real Estate
Websitehttp://www.abacusproperty.com.au
Mailing addressAustralia Square Level 34 264-278 George Street Sydney NSW 2000 Australia
Phone / Fax61 2 9253 8600 / 61 2 9253 8616
Share registryBOARDROOM PTY LIMITED

Dividends

More: Abacus Property Group Dividend history, yield and payout ratio

Dividend yield

4.71%

Dividend amount

$0.17

Payout ratio

34.11%

5Y Avg. yield

5.46%

Abacus Property Group paid $0.17 dividend and the ex-dividend date was 23 Aug 2021.The dividend payout ratio is 34.11%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ABP dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

ABP's forward dividend amount is $0.17 and the forward dividend yield is 4.71%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Sep 2021, following are the company executives and directors listed on Abacus Property Group.

NameTitleAgeTotal Pay
Mr. Steven Craig Sewell B.Sc., BScMD & Director542.22M
Mr. Robert Baulderstone B.A., BA, C.A., CA, FCISCFO & Company Sec.906.52k
Cynthia RouseHead of Investor Relations & Corp. Communications
Ms. Lisa-Anne CareyHead of Legal
Mr. Gavin LechemExec. Gen. Mang. of Corp. Devel.
Mr. Peter StrainDirector of Property Investment
Mr. Cameron LairdDirector of Property Devel.s
Mr. Philip PetersonDirector of Self-Storage
Mr. Neil SummerfieldGen. Mang. of Corp. Devel.

Profitability and management effectiveness

Profit margin

127.86%

Operating margin

58.65%

Return on assets

2.86%

Return on equity

14.47%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Abacus Property Group is 20.83B and its enterprise value is 3.89B. The enterprise value to revenue ratio of ABP is 13.48.

The ABP's stocks Beta value is 0.85 making it 15% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Abacus Property Group (ABP)

Abacus Property Group (ASX:ABP) Frequently Asked Questions

1. What is Abacus Property Group's Stock Symbol?

Abacus Property Group trades on ASX under the ticker symbol "ABP".

2. What is Abacus Property Group's stock price today?

One share of ABP stock can currently be purchased for approximately $3.58.

3. How can I contact Abacus Property Group?

Abacus Property Group's mailing address is Australia Square Level 34 264-278 George Street Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 9253 8600.

4. What is Abacus Property Group's official website?

The official website of Abacus Property Group is http://www.abacusproperty.com.au.

5. Which share registry manages Abacus Property Group's stock?

Abacus Property Group's stock is managed by BOARDROOM PTY LIMITED.