Ingenia Communities Group (INA) AI Stock Analysis

• Market Cap: AU$2.32B
• Dividend Yield: 1.98%
• Average Volume (3M): 629.47K
• Price to Earnings (P/E): 39.3
• Beta (1Y): 1.24
• Revenue Growth: 22.09%
• EPS Growth: -19.31%
• Country: AU
• Employees: 1,300
• Sector: Real Estate
• Sector Strength: 56
• Industry: REIT - Residential
• EPS (TTM): 0.14
• Shares Outstanding: 407,583,250
• 10 Day Avg. Volume: 554,297
• 30 Day Avg. Volume: 629,473
• PEG Ratio: 0.11
• Price to Book (P/B): 1.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 18.42
• 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$5.83
• Price Target Upside: 1.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 61 Neutral
• Price Target: ―

Ingenia Communities Group's strengths in revenue growth and operational efficiency are tempered by concerns over declining profitability and high leverage. The stock's technical indicators show no clear trend, and its high P/E ratio presents valuation challenges. Investors should consider the balance of growth prospects against financial risks before investing.

Ingenia Communities Group Business Overview & Revenue Model

Company Description

Ingenia Communities Group (INA) is a leading Australian property group focused on developing, operating, and managing a diverse portfolio of lifestyle and holiday communities. The company specializes in providing affordable housing solutions for seniors through its residential communities, as well as offering holiday accommodation options in key tourist destinations across Australia. Ingenia's core offerings include lifestyle communities, which provide independent living options for retirees, and holiday parks that cater to short-term stays and tourism.

How the Company Makes Money

Ingenia Communities Group generates revenue primarily through the sale and leasing of residential properties within its lifestyle communities. These communities offer homes to retirees, who either purchase or lease properties, providing a stable and recurring income stream for the company. Additionally, Ingenia earns revenue from its holiday parks by offering various short-term accommodation options such as cabins, caravans, and camping sites to tourists. The company also benefits from ancillary services provided within these communities, such as management fees and utility charges. Ingenia's business model is further supported by strategic partnerships and acquisitions that enhance its portfolio and expand its market presence.

Ingenia Communities Group Financial Statement Overview

Summary

Ingenia Communities Group exhibits strong revenue growth and operational efficiency. However, the declining net profit margins and increased leverage indicate potential financial risks. The balance sheet's high debt level needs careful management, and while cash flow from operations is robust, free cash flow is under pressure.

Income Statement

Ingenia Communities Group has demonstrated consistent revenue growth, evidenced by a 17.8% increase from 2023 to 2024. However, net profit margins have declined significantly, from 16.2% in 2023 to 3.0% in 2024, indicating potential profitability issues. The gross profit margin remains robust at 61.5%, showing operational efficiency. Despite a strong EBIT margin of 22.2%, the decreasing EBITDA margin from 27.6% to 16.6% highlights rising operating costs or other financial pressures.

Balance Sheet

The company's balance sheet reflects a high debt-to-equity ratio of 0.50, indicating leverage that may pose financial risks if not managed. The equity ratio of 61.0% suggests a sound capital structure, with equity comprising a significant portion of assets. Return on equity has decreased to 0.9% in 2024, reflecting lower profitability on shareholder investments, which could concern investors.

Cash Flow

The cash flow statement indicates stable operating cash flow, though there is a modest decline in free cash flow from 2023 to 2024. The operating cash flow to net income ratio is strong at 5.86, highlighting solid cash generation despite lower net income. However, the free cash flow to net income ratio has decreased, implying reduced cash availability for reinvestment or debt servicing.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
522.12M	466.33M	395.95M	338.18M	295.59M	244.29M
	Gross Profit
314.11M	287.05M	254.10M	212.57M	175.95M	140.35M
	EBIT
123.43M	103.69M	105.03M	77.31M	90.93M	68.25M
	EBITDA
152.72M	77.48M	109.44M	81.39M	94.79M	71.49M
	Net Income Common Stockholders
59.08M	14.02M	64.37M	100.59M	72.78M	31.45M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
15.01M	14.46M	45.72M	14.49M	18.80M	10.75M
	Total Assets
2.64B	2.48B	2.38B	2.18B	1.37B	1.10B
	Total Debt
835.63M	754.15M	661.67M	495.60M	274.33M	85.40M
	Net Debt
820.62M	739.70M	615.95M	481.12M	255.54M	74.65M
	Total Liabilities
1.06B	965.17M	841.34M	668.46M	377.24M	157.81M
	Stockholders Equity
1.57B	1.51B	1.54B	1.51B	993.03M	943.02M
Cash Flow		Free Cash Flow
127.02M	77.58M	78.09M	112.18M	132.95M	64.44M
	Operating Cash Flow
133.73M	82.19M	82.50M	114.90M	137.65M	67.19M
	Investing Cash Flow
-227.09M	-148.14M	-168.05M	-731.71M	-275.63M	-187.11M
	Financing Cash Flow
97.10M	34.69M	116.79M	612.50M	146.03M	110.49M

Ingenia Communities Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.77
• 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:INA, the sentiment is Positive. The current price of 5.77 is above the 20-day moving average (MA) of 5.65, above the 50-day MA of 5.51, and above the 200-day MA of 5.18, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 61.04 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:INA.

Ingenia Communities Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VCX	74 Outperform	$10.72B	13.11	7.73%	5.33%	1.97%	156.14%
CQR	73 Outperform	€2.24B	13.36	6.37%	6.91%	-7.70%	―
SCG	64 Neutral	$18.88B	17.94	5.94%	4.81%	5.05%	500.30%
INA	61 Neutral	AU$2.32B	39.31	3.77%	1.98%	22.09%	-19.31%
SGP	61 Neutral	$13.20B	29.29	4.54%	4.58%	18.41%	86.24%
Sector *	60 Neutral	$2.82B	10.38	0.33%	8508.19%	5.98%	-17.49%
GPT	54 Neutral	$8.96B	―	-1.94%	5.27%	8.59%	16.36%

Ingenia Communities Group Corporate Events

Ingenia Communities Group Updates Office Location

Ingenia Communities Group has announced a change in its Registered Office and Principal Place of Business to Level 10, 20 Bond Street, Sydney NSW 2000. This move is part of the company’s ongoing efforts to streamline operations and enhance its market presence, potentially impacting its operational efficiency and stakeholder engagement.

Ingenia Communities Updates Registry Address

Ingenia Communities Group has announced a change in the address of its registry, MUFG Corporate Markets (AU) Limited, which has moved to a new location in Sydney. This change is a procedural update and does not affect the company’s operations or its stakeholders, as contact numbers and postal addresses remain unchanged.

Ingenia Communities Group Releases HY25 Property Portfolio

Ingenia Communities Group has released its HY25 Property Portfolio, highlighting its continued focus on the seniors market in Australia. The announcement underscores the company’s strategic positioning in the affordable rental and holiday accommodation sector, which is crucial for its stakeholders as it continues to expand its presence across the country.

Ingenia Communities Group Releases HY25 Results, Strengthening Market Position

Ingenia Communities Group has released its HY25 Results Presentation, highlighting its ongoing commitment to providing affordable accommodation solutions for seniors in Australia. This announcement underscores the company’s strategic focus on expanding its market presence and enhancing its service offerings, which is likely to have positive implications for its stakeholders and further solidify its position in the industry.

Ingenia Communities Reports Strong First Half FY25 Results with Upgraded Guidance

Ingenia Communities Group reported a strong performance for the first half of FY25, with a significant increase in revenue and profit metrics. The company achieved a 21% rise in revenue to $256.9 million and a 48% increase in EBIT to $86.2 million. The statutory profit soared by 106% to $87.6 million, driven by accelerated development activities and an increase in home settlements. The company settled 258 new homes, a 47% increase from the previous year, and maintained high occupancy rates across its residential and holiday communities. Ingenia’s strategic focus on development growth and operational efficiency has led to an upgraded guidance, reflecting improved financial returns and a robust pipeline of development sites.