Abacus Property Group (ABG) AI Stock Analysis

• Market Cap: AU$1.12B
• Dividend Yield: 6.83%
• Average Volume (3M): 806.57K
• Price to Earnings (P/E): 41.5
• Beta (1Y): 0.88
• Revenue Growth: 4.69%
• EPS Growth: N/A
• Country: AU
• Employees: 51
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Diversified
• EPS (TTM): 0.05
• Shares Outstanding: 893,657,650
• 10 Day Avg. Volume: 739,947
• 30 Day Avg. Volume: 806,568
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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$1.30
• Price Target Upside: 4.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 57 Neutral
• Price Target: AU$1.50 ▲(20.00% Upside)

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.

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 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. Abacus is listed on the Australian Stock Exchange and is included in the S&P/ASX 200 Index and the FTSE EPRA NAREIT Global Real Estate Index Series. 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.

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

The financial performance of Abacus Property Group is under pressure with declining revenue, profitability, and high leverage. The income statement shows a significant decline in total revenue and negative profit margins. The balance sheet is strained by a high debt-to-equity ratio, and cash flow is declining, indicating 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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	152.62M	144.37M	147.07M	308.39M	242.44M
Gross Profit	108.12M	100.78M	105.19M	238.74M	180.74M
EBITDA	85.14M	-204.10M	-193.78M	89.24M	171.75M
Net Income	26.91M	-241.04M	25.50M	517.16M	369.41M
Balance Sheet
Total Assets	2.59B	2.63B	5.61B	5.41B	4.06B
Cash, Cash Equivalents and Short-Term Investments	23.95M	23.56M	71.90M	176.50M	57.99M
Total Debt	942.10M	939.33M	1.01B	1.71B	988.52M
Total Liabilities	1.03B	1.02B	2.24B	1.91B	1.16B
Stockholders Equity	1.56B	1.61B	3.36B	3.50B	2.90B
Cash Flow
Free Cash Flow	65.41M	75.95M	81.16M	154.52M	124.78M
Operating Cash Flow	65.42M	75.97M	89.46M	158.26M	131.60M
Investing Cash Flow	8.60M	46.00M	-295.51M	-823.50M	-511.66M
Financing Cash Flow	-73.63M	-202.20M	101.42M	783.92M	310.76M

Abacus Property Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 1.25 is above the 20-day moving average (MA) of 1.23, above the 50-day MA of 1.21, and above the 200-day MA of 1.14, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.61 is Neutral, neither overbought nor oversold. The STOCH value of 80.30 is Negative, 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
CHC	69 Neutral	10.82B	48.74	12.09%	2.09%	15.06%	47.66%
DXS	64 Neutral	7.85B	57.63	1.58%	5.07%	4.52%	0.00%
GOZ	59 Neutral	1.94B	-15.56	-5.34%	7.90%	-0.33%	58.26%
CLW	59 Neutral	3.23B	27.78	3.63%	5.49%	-9.63%	0.00%
GPT	58 Neutral	10.19B	27.64	-1.99%	4.51%	12.66%	0.00%
ABG	57 Neutral	AU$1.12B	41.53	1.70%	6.83%	4.69%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

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.