Ale Property Group Share Price and Company Fundamentals



Price
$4.7
Change
-0.010 (-0.212%)
52 week
4.25 - 5.51

Last traded: Today at 6:10 AM

ALE Property Group (ASX:LEP) is the owner of Australia's largest portfolio of freehold pub properties. Established in November 2003, ALE owns a portfolio of around 86 pub properties across the five mainland states of Australia. All of the properties are leased to Australian Leisure and Hospitality Group Limited (ALH) for an average initial term of around a further 9 years. ALH is owned by a joint venture (ALH Group); 75% is controlled by Woolworths Limited, Australia's leading retailer and the remaining 25% by one of Australia's leading hoteliers, the Bruce Mathieson Group (BMG). ALH Group, through its ownership of MGW, BMG and Taverner is Australia's leading pub operator. Woolworths is Australia's leading liquor retailer. Its operations include Dan Murphys and BWS.

Key Metrics

PE ratio

13.66

PB ratio

1.45

Dividend yield

4.50%

Beta

0.63

Market cap

$1.88B

Enterprise value

$1.53B

Company profile

Primary activitiesOwner and landlord of strategic property leased to quality tenants.
Industry / SectorREIT—Hotel & Motel / Real Estate
Websitehttp://www.alegroup.com.au
Mailing address264-278 George Street Suite 28.02 Level 28 Sydney NSW 2000 Australia
Phone / Fax61 2 8231 8588 /
Share registryLINK MARKET SERVICES LIMITED

Dividends

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

Dividend yield

4.50%

Dividend amount

$0.21

Payout ratio

61.84%

5Y Avg. yield

4.32%

Ale Property Group paid $0.21 dividend and the ex-dividend date was 29 June 2021.The dividend payout ratio is 61.84%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.LEP 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.

LEP's forward dividend amount is $0.21 and the forward dividend yield is 4.39%. 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 Jul 2021, following are the company executives and directors listed on Ale Property Group.

NameTitleAgeTotal Pay
Mr. Michael John Clarke BCom, MMan, CA, ACISCFO & Company Sec.328.94k
Mr. Andrew J. SladeCapital Mang.289.05k
Mr. Guy Farrands B.E., M.A.I.C.D., BEc, Grad Dip Man, FAPI, MAICDCEO, MD & Director57
Ms. Margaret SullivanCompliance Mang.

Profitability and management effectiveness

Profit margin

108.91%

Operating margin

84.88%

Return on assets

2.67%

Return on equity

10.85%

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 Ale Property Group is 1.88B and its enterprise value is 1.53B. The enterprise value to revenue ratio of LEP is 24.59.

The LEP's stocks Beta value is 0.63 making it 37% 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 Ale Property Group (LEP)

Ale Property Group (ASX:LEP) Frequently Asked Questions

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

Ale Property Group trades on ASX under the ticker symbol "LEP".

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

One share of LEP stock can currently be purchased for approximately $4.7.

3. How can I contact Ale Property Group?

Ale Property Group's mailing address is 264-278 George Street Suite 28.02 Level 28 Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 8231 8588.

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

The official website of Ale Property Group is http://www.alegroup.com.au.

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

Ale Property Group's stock is managed by LINK MARKET SERVICES LIMITED.