Abacus Property Group (ABG) AI Stock Analysis

• Market Cap: AU$1.05B
• Dividend Yield: 7.33%
• Average Volume (3M): 985.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.89
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: 51
• Sector: Real Estate
• Sector Strength: 56
• Industry: REIT - Diversified
• EPS (TTM): >-0.01
• Shares Outstanding: 893,657,650
• 10 Day Avg. Volume: 739,649
• 30 Day Avg. Volume: 985,230
• PEG Ratio: -0.99
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 29.61
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$1.20
• Price Target Upside: 3.45% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 54 Neutral
• Price Target: AU$1.00 ▼(-13.79%Downside)

The overall stock score for Abacus Property Group reflects significant financial challenges, including declining revenue, profitability, and liquidity issues. While the technical analysis shows some stability, the negative P/E ratio and high dividend yield highlight valuation concerns. Investors should be cautious and consider the company's financial health and market conditions before making investment decisions.

Abacus Property Group Business Overview & Revenue Model

Company Description

Abacus Property Group (ABG) is a leading Australian property investment and management company. It operates primarily in the sectors of commercial, retail, and industrial property, offering a diverse range of real estate services including property development, acquisition, and management. ABG focuses on delivering strong returns to its investors through strategic property investments and active asset management.

How the Company Makes Money

Abacus Property Group makes money through a combination of property investments and management services. The company earns revenue by acquiring, developing, and managing a portfolio of commercial, retail, and industrial properties, which generate rental income. Additionally, ABG engages in property development projects that, upon completion, either contribute to the rental income or are sold for capital gains. The company's earnings are further supported by strategic partnerships with joint venture partners and institutional investors, enhancing its ability to access and manage high-value properties. Through its integrated approach to property investment and management, ABG seeks to optimize asset performance and deliver sustainable returns to its stakeholders.

Abacus Property Group Financial Statement Overview

Summary

Abacus Property Group faces financial challenges with declining revenue and profitability, coupled with high leverage. The income statement shows negative margins, and the balance sheet indicates substantial leverage. Although there is stability in equity, cash flow trends suggest potential liquidity concerns.

Income Statement

The company's income statement shows a significant decline in total revenue from the previous year, with negative EBIT and EBITDA margins, indicating operational challenges. Additionally, the net profit margin has turned negative, reflecting a substantial net loss. This financial performance suggests potential issues in revenue generation and cost management.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio, indicating substantial leverage, which can pose risks during periods of financial instability. However, the company maintains a stable equity ratio, suggesting an adequate level of equity relative to its total assets. Return on equity has deteriorated significantly due to the net loss.

Cash Flow

The cash flow statement highlights declining free cash flow and operating cash flow, with a negative free cash flow growth rate. The operating cash flow to net income ratio is positive, indicating cash generation from operations despite the recorded net loss. The cash flow situation requires careful monitoring to ensure liquidity.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	217.67M	144.37M	147.07M	308.39M	242.44M	284.30M
Gross Profit	175.16M	100.78M	105.19M	238.74M	180.74M	206.05M
EBITDA	138.78M	-204.10M	-193.78M	89.24M	171.75M	176.80M
Net Income	-103.19M	-241.04M	25.50M	517.16M	369.41M	84.73M
Balance Sheet
Total Assets	2.59B	2.63B	5.61B	5.41B	4.06B	3.34B
Cash, Cash Equivalents and Short-Term Investments	40.95M	23.56M	71.90M	176.50M	57.99M	127.31M
Total Debt	943.07M	939.33M	1.01B	1.71B	988.52M	1.01B
Total Liabilities	1.02B	1.02B	2.24B	1.91B	1.16B	1.14B
Stockholders Equity	1.56B	1.61B	3.36B	3.50B	2.90B	2.20B
Cash Flow
Free Cash Flow	93.04M	75.95M	81.16M	154.52M	124.78M	205.40M
Operating Cash Flow	46.10M	75.97M	89.46M	158.26M	131.60M	205.40M
Investing Cash Flow	20.32M	46.00M	-295.51M	-823.50M	-511.66M	-578.67M
Financing Cash Flow	-72.93M	-202.20M	101.42M	783.92M	310.76M	411.51M

Abacus Property Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ABG, the sentiment is Positive. The current price of 1.16 is above the 20-day moving average (MA) of 1.16, below the 50-day MA of 1.16, and above the 200-day MA of 1.12, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.84 is Neutral, neither overbought nor oversold. The STOCH value of 70.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:ABG.

Abacus Property Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CLW	71 Outperform	AU$2.88B	―	-5.75%	6.16%	-15.42%	65.86%
Sector *	64 Neutral	€2.48B	17.17	3.70%	5.66%	4.21%	24.14%
DXS	63 Neutral	AU$7.39B	―	-9.22%	5.24%	0.32%	28.89%
CHC	63 Neutral	$9.22B	323.82	1.03%	2.50%	-19.75%	―
GOZ	60 Neutral	AU$1.78B	―	-10.45%	7.71%	2.70%	-8.39%
GPT	58 Neutral	AU$9.65B	―	-1.94%	4.81%	8.59%	16.36%
ABG	54 Neutral	AU$1.05B	―	-6.24%	7.33%	―	―

Abacus Property Group Corporate Events

Abacus Property Group Announces New Dividend Distribution

Abacus Property Group has announced a new dividend distribution for its fully paid ordinary units stapled securities, with a distribution amount of AUD 0.0425 per unit. The distribution relates to a six-month period ending on June 30, 2025, and will be paid on August 29, 2025, impacting stakeholders by providing a return on their investment.

The most recent analyst rating on (AU:ABG) stock is a Hold with a A$1.25 price target. To see the full list of analyst forecasts on Abacus Property Group stock, see the AU:ABG Stock Forecast page.

Abacus Property Group’s Trusts Set for MIT Qualification and Proposal Assessment

Abacus Property Group has announced that its trusts, Abacus Trust and Abacus Income Trust, are likely to qualify as withholding managed investment trusts starting from July 2025. This change will affect the tax withholding on distributions to non-residents, with a new rate of 15% for countries with an Exchange of Information agreement with Australia, while distributions to Australian-based securityholders remain unaffected. Additionally, the company is evaluating an indicative proposal from Ki Corporation Limited and Public Storage, with an independent board committee formed to assess its merits, although no conclusions have been reached yet.