Abacus Property Group (AU:ABG)
ASX:ABG
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Abacus Property Group
(Sydney:ABG)
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Select Model
Rating:57Neutral
Price Target:
AU$1.00
▼(-1.96% Downside)
Action:ReiteratedDate:09/03/25
The overall stock score of 57 reflects a company facing financial challenges, particularly in revenue and cash flow growth, which are significant concerns. Technical indicators suggest some short-term bullish momentum, while the valuation is mixed with a high P/E ratio but an attractive dividend yield. The lack of earnings call and corporate events data limits further insights.
Positive Factors
Recurring rental income model
Abacus’s core business derives from contracted rental income and property management, providing durable, predictable cash flows tied to leases and recoveries. This business model supports steady income generation and underwriting of distributions, while development and repositioning provide optionality to lift future yields.
Negative Factors
Free cash flow contraction
Nearly 30% drop in free cash flow growth is a material structural weakness: it reduces internal funding for developments, limits buffer for distributions, and heightens reliance on capital markets or asset recycling. Persisting FCF weakness increases refinancing and liquidity risk in tighter credit conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring rental income model
Abacus’s core business derives from contracted rental income and property management, providing durable, predictable cash flows tied to leases and recoveries. This business model supports steady income generation and underwriting of distributions, while development and repositioning provide optionality to lift future yields.
Read all positive factors
Abacus Property Group (ABG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$911.53M
Dividend Yield7.11%
Average Volume (3M)929.25K
Price to Earnings (P/E)5.7
Beta (1Y)0.73
Revenue Growth4.69%
EPS GrowthN/A
CountryAU
Employees51
SectorReal Estate
Sector Strength53
IndustryREIT - Diversified
Share Statistics
EPS (TTM)0.05
Shares Outstanding893,657,650
10 Day Avg. Volume1,046,793
30 Day Avg. Volume929,245
Financial Highlights & Ratios
PEG Ratio-0.33
Price to Book (P/B)0.64
Price to Sales (P/S)6.56
P/FCF Ratio15.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.28Price Target Upside25.25% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)0.09
Revenue Forecast (FY)AU$165.08M
Abacus Property Group Business Overview & Revenue Model
Company Description
Abacus Property Group is a diversified Australian REIT with an investment portfolio concentrated in the Commercial property and Self Storage sectors. We invest capital in real estate opportunities to deliver superior long term returns and maximise...
How the Company Makes Money
ABG primarily makes money through (1) rental and property-related income from its owned and controlled real estate assets, and (2) value creation and monetisation of assets through sales and redevelopment/repositioning.
1) Recurring rental income...
Abacus Property Group Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
60
Neutral
Cash Flow
50
Neutral
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 127.31M | 152.62M | 144.37M | 147.07M | 308.39M | 242.44M |
| Gross Profit | 78.63M | 108.12M | 100.78M | 105.19M | 238.74M | 180.74M |
| EBITDA | 39.82M | 85.14M | -192.74M | -193.78M | 89.24M | 171.75M |
| Net Income | 80.23M | 26.91M | -241.04M | 25.50M | 517.16M | 369.41M |
Balance Sheet | ||||||
| Total Assets | 2.62B | 2.59B | 2.63B | 5.61B | 5.41B | 4.06B |
| Cash, Cash Equivalents and Short-Term Investments | 23.83M | 23.95M | 23.56M | 71.90M | 176.50M | 57.99M |
| Total Debt | 955.44M | 942.10M | 939.33M | 1.01B | 1.71B | 988.52M |
| Total Liabilities | 1.05B | 1.03B | 1.02B | 2.24B | 1.91B | 1.16B |
| Stockholders Equity | 1.57B | 1.56B | 1.61B | 3.36B | 3.50B | 2.90B |
Cash Flow | ||||||
| Free Cash Flow | 41.88M | 65.41M | 75.95M | 81.16M | 154.52M | 124.78M |
| Operating Cash Flow | 83.87M | 65.42M | 75.97M | 89.46M | 158.26M | 131.60M |
| Investing Cash Flow | -36.52M | 8.60M | 46.00M | -295.51M | -823.50M | -511.66M |
| Financing Cash Flow | -64.46M | -73.63M | -202.20M | 101.42M | 783.92M | 310.76M |
Abacus Property Group Technical Analysis
Negative
1.02
Price Trends
1.10
Negative
1.13
Negative
1.14
Negative
Market Momentum
-0.02
Negative
35.53
Neutral
18.52
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ABG, the sentiment is Negative. The current price of 1.02 is below the 20-day moving average (MA) of 1.04, below the 50-day MA of 1.10, and below the 200-day MA of 1.14, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 35.53 is Neutral, neither overbought nor oversold. The STOCH value of 18.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ABG.
Abacus Property Group Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | AU$9.00B | 10.60 | 19.38% | 1.97% | 15.06% | 47.66% | |
69 Neutral | AU$8.75B | 10.58 | 7.84% | 4.41% | 12.66% | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
57 Neutral | AU$911.53M | 5.68 | 1.70% | 7.11% | 4.69% | ― | |
56 Neutral | AU$6.49B | 5.34 | 4.78% | 5.32% | 4.52% | ― | |
54 Neutral | AU$2.47B | 4.72 | 6.69% | 6.14% | -9.63% | ― | |
53 Neutral | AU$1.62B | 7.35 | 1.57% | 8.12% | -0.33% | 58.26% |
* Real Estate Sector Average
AU:ABG
Abacus Property Group
1.02
-0.02
-2.11%
AU:CHC
Charter Hall Group
19.03
2.82
17.40%
AU:DXS
Dexus
6.03
-0.75
-11.09%
AU:GPT
GPT Group
4.57
0.34
8.06%
AU:GOZ
Growthpoint Properties Australia
2.15
0.03
1.22%
AU:CLW
Charter Hall Long WALE REIT
3.45
-0.15
-4.17%
Abacus Property Group Corporate Events
Abacus Group updates director Steven Sewell’s equity incentive holdings
Mar 16, 2026
Abacus Group has disclosed a change in the interests of director Steven Sewell, detailing adjustments to his holdings of stapled securities and equity-based incentives. The filing shows Sewell’s direct interests now include more long-term in...
Abacus Group Issues New Unquoted Equity Under Staff Incentive Schemes
Mar 16, 2026
Abacus Group has issued a total of 585,612 unquoted equity securities under its employee incentive schemes, comprising 538,417 long-term incentive rights and 47,195 short-term incentive deferral rights. The securities, which are not intended to be...
Abacus Group Details Tax Components of Half-Year 4.25-Cent Distribution
Feb 27, 2026
Abacus Group has declared a total distribution of 4.25 cents per stapled security for the six months to 31 December 2025, to be paid on 27 February 2026, sourced from Abacus Group Holdings Limited and Abacus Trust. The holding company will pay a f...
Abacus Property Group Outlines HY26 Results and Outlook
Feb 23, 2026
Abacus Property Group has released its HY26 results presentation outlining performance for the half year and providing an update on key assets in Sydney’s CBD. The company’s leadership, including Managing Director Steven Sewell, Chief ...
Abacus Group Delivers Resilient Half-Year Profit as Cost Cuts Bolster Earnings
Feb 23, 2026
Abacus Group reported a resilient half-year result to 31 December 2025, with statutory net profit rising to $47.6 million as the company tightened corporate overheads and improved operating efficiency. Funds from operations were broadly flat, net ...
Abacus Property Group lifts profit while holding distributions steady
Feb 23, 2026
Abacus Property Group reported interim results for the half year to 31 December 2025 showing a modest decline in total revenue and other income of 1.6% to $82.5 million, while net profit after tax attributable to members surged to $47.6 million fr...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.