Abacus Property Group (ABG) AI Stock Analysis

• Market Cap: AU$1.09B
• Dividend Yield: 7.11%
• Average Volume (3M): 929.25K
• Price to Earnings (P/E): 41.7
• Beta (1Y): 0.85
• 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: 1,046,793
• 30 Day Avg. Volume: 929,245
• PEG Ratio: -0.33
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 6.56
• P/FCF Ratio: 15.30
• 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$1.27
• Price Target Upside: 5.83% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: AU$1.50 ▲(25.00% 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.

Positive Factors

Strong Profit Margins

A strong gross profit margin indicates effective cost management and pricing power, which can support long-term profitability despite revenue challenges.

Stable Balance Sheet

A moderate debt-to-equity ratio suggests prudent financial management, providing stability and flexibility for future investments and growth.

High Dividend Yield

An attractive dividend yield can appeal to income-focused investors, offering a steady income stream and potentially enhancing shareholder value over time.

Negative Factors

Declining Revenue Growth

A significant decline in revenue growth suggests challenges in market expansion and sales momentum, potentially impacting long-term financial performance.

Decreasing Free Cash Flow

A decline in free cash flow growth raises concerns about liquidity and the company's ability to fund operations and investments without additional financing.

Reduced Return on Equity

A declining return on equity suggests reduced efficiency in generating profits from shareholders' investments, which could affect investor confidence and capital allocation.

Abacus Property Group Business Overview & Revenue Model

Company Description

Abacus Property Group (ABG) is a leading real estate investment and property management firm specializing in the acquisition, development, and management of residential and commercial properties. Operating primarily in urban markets, ABG focuses on delivering high-quality living and working spaces while maximizing returns for investors. The company is involved in various sectors, including residential developments, commercial office spaces, and mixed-use properties, offering a diverse portfolio of services that include property management, leasing, and investment advisory.

How the Company Makes Money

Abacus Property Group generates revenue through multiple channels, primarily from property management fees, leasing commissions, and profits from real estate development projects. The company earns management fees by overseeing the operations of its properties, ensuring effective maintenance, tenant relations, and occupancy rates. Additionally, ABG profits from leasing its properties to both residential and commercial tenants, receiving rental income on a recurring basis. The company may also engage in joint ventures or partnerships with other real estate developers and investors, allowing for shared investment opportunities and risk mitigation, which further contributes to its revenue streams. Overall, ABG's ability to adapt to market conditions and leverage its expertise in property management enhances its financial performance.

Abacus Property Group Financial Statement Overview

Summary

Abacus Property Group faces challenges with declining revenue and cash flow growth, impacting overall financial health. While profitability margins remain relatively strong, the significant drop in revenue growth and free cash flow growth are areas of concern. The balance sheet remains stable with moderate leverage, but the declining return on equity indicates potential inefficiencies.

Income Statement

The income statement reveals significant volatility in revenue and profit margins. The company experienced a sharp decline in revenue growth rate by 29.88% in the latest year, indicating challenges in maintaining sales momentum. Gross profit margin remains strong at 70.84%, but net profit margin has decreased to 17.63%, reflecting reduced profitability. EBIT and EBITDA margins are relatively healthy, but the negative revenue growth is a concern.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.60, indicating a balanced approach to leveraging. However, the equity ratio is not explicitly provided, which limits a full assessment of asset financing. The company has maintained a stable stockholders' equity, but the declining return on equity suggests reduced efficiency in generating profits from equity.

Cash Flow

Cash flow analysis indicates a decline in free cash flow growth by 29.69%, which is concerning for future liquidity. The operating cash flow to net income ratio is close to 1, suggesting that operating cash flows are closely aligned with reported net income. However, the decrease in free cash flow growth highlights potential challenges in sustaining cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	152.62M	152.62M	144.37M	147.07M	308.39M	242.44M
Gross Profit	108.12M	108.12M	100.78M	105.19M	238.74M	180.74M
EBITDA	41.27M	85.14M	-192.74M	-193.78M	89.24M	171.75M
Net Income	26.91M	26.91M	-241.04M	25.50M	517.16M	369.41M
Balance Sheet
Total Assets	2.59B	2.59B	2.63B	5.61B	5.41B	4.06B
Cash, Cash Equivalents and Short-Term Investments	23.95M	23.95M	23.56M	71.90M	176.50M	57.99M
Total Debt	942.10M	942.10M	939.33M	1.01B	1.71B	988.52M
Total Liabilities	1.03B	1.03B	1.02B	2.24B	1.91B	1.16B
Stockholders Equity	1.56B	1.56B	1.61B	3.36B	3.50B	2.90B
Cash Flow
Free Cash Flow	39.98M	65.41M	75.95M	81.16M	154.52M	124.78M
Operating Cash Flow	65.42M	65.42M	75.97M	89.46M	158.26M	131.60M
Investing Cash Flow	8.60M	8.60M	46.00M	-295.51M	-823.50M	-511.66M
Financing Cash Flow	-73.63M	-73.63M	-202.20M	101.42M	783.92M	310.76M

Abacus Property Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ABG, the sentiment is Neutral. The current price of 1.2 is above the 20-day moving average (MA) of 1.20, above the 50-day MA of 1.20, and above the 200-day MA of 1.17, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.52 is Neutral, neither overbought nor oversold. The STOCH value of 19.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	66 Neutral	$11.59B	51.34	24.58%	1.97%	15.06%	47.66%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GPT	60 Neutral	$10.36B	27.43	3.56%	4.39%	12.66%	―
DXS	59 Neutral	$7.54B	54.60	1.32%	5.28%	4.52%	―
ABG	57 Neutral	AU$1.09B	41.69	1.70%	7.11%	4.69%	―
GOZ	53 Neutral	AU$1.92B	-15.44	-5.04%	8.19%	-0.33%	58.26%
CLW	52 Neutral	AU$2.99B	25.42	3.57%	6.14%	-9.63%	―

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.