tiprankstipranks
Trending News
More News >
Shopping Centres Australasia Property Group RE Ltd. (AU:RGN)
ASX:RGN

Shopping Centres Australasia Property Group RE (RGN) AI Stock Analysis

Compare
9 Followers

Top Page

AU

Shopping Centres Australasia Property Group RE

(Sydney:RGN)

75Outperform
The stock of Shopping Centres Australasia Property Group RE Ltd. is solid, supported by stable financial performance and attractive valuation metrics, particularly a high dividend yield. However, net income fluctuations pose a risk to profitability, and limited technical indicators provide a neutral outlook.

Shopping Centres Australasia Property Group RE (RGN) vs. S&P 500 (SPY)

Shopping Centres Australasia Property Group RE Business Overview & Revenue Model

Company DescriptionShopping Centres Australasia Property Group RE Ltd. (RGN) is a real estate investment trust (REIT) that specializes in owning and managing a diverse portfolio of shopping centers across Australia and New Zealand. The company focuses on providing retail spaces predominantly anchored by supermarkets and other essential-service retailers, ensuring a stable and resilient tenant base. Its core services include property management, leasing, and development of retail spaces tailored to meet the needs of both retailers and consumers.
How the Company Makes MoneyShopping Centres Australasia Property Group RE Ltd. (RGN) primarily generates revenue through rental income from its portfolio of shopping centers. The company leases retail spaces to a variety of tenants, including supermarkets, specialty stores, and service providers, under long-term rental agreements. This rental income forms the bulk of the company's revenue. Additionally, RGN may earn income through strategic property developments and enhancements, which can increase the value of its properties and attract higher rental rates. Any partnerships with major retailers or strategic acquisitions can also contribute to revenue growth, ensuring a steady and diversified income stream.

Shopping Centres Australasia Property Group RE Financial Statement Overview

Summary
Shopping Centres Australasia Property Group RE Ltd. demonstrates overall financial stability with strong operational margins and consistent cash flow generation. While revenue growth is positive, net income fluctuations present a challenge, impacting profitability metrics. The balance sheet remains solid with manageable debt levels, supporting long-term sustainability.
Income Statement
75
Positive
The company exhibits stable revenue growth over the years, with a recent increase from 2023 to 2024. The gross profit margin is commendable, but net profit margin shows variability, affected by a significant loss in 2023. EBIT and EBITDA margins remained strong, indicating operational efficiency.
Balance Sheet
70
Positive
The balance sheet shows a healthy equity ratio and improving debt-to-equity ratio, reflecting a stable financial position. However, the return on equity has been inconsistent, with a notable dip in 2023 due to net income fluctuations.
Cash Flow
80
Positive
Consistent positive operating and free cash flows indicate robust cash generation capabilities. The free cash flow to net income ratio is high, reflecting efficient cash utilization despite variability in net income.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
380.20M372.10M363.70M311.80M329.70M284.30M
Gross Profit
235.40M231.80M235.70M194.40M229.60M175.70M
EBIT
217.60M215.40M216.90M175.10M146.20M211.80M
EBITDA
0.00241.40M240.60M175.10M146.20M211.80M
Net Income Common Stockholders
134.10M17.30M-123.60M487.10M462.90M85.50M
Balance SheetCash, Cash Equivalents and Short-Term Investments
37.00M19.40M31.90M8.70M11.60M183.80M
Total Assets
4.59B4.55B4.62B4.70B4.21B3.59B
Total Debt
1.64B1.58B1.52B1.38B1.34B1.09B
Net Debt
1.61B1.56B1.50B1.37B1.33B907.90M
Total Liabilities
1.77B1.74B1.69B1.56B1.48B1.22B
Stockholders Equity
2.82B2.81B2.93B3.13B2.72B2.37B
Cash FlowFree Cash Flow
74.90M182.80M176.80M179.40M145.00M147.30M
Operating Cash Flow
189.00M182.80M176.80M179.40M145.00M147.30M
Investing Cash Flow
-76.60M-90.60M-207.20M-129.80M-324.90M-260.90M
Financing Cash Flow
-93.00M-96.60M45.50M-52.50M187.70M113.20M

Shopping Centres Australasia Property Group RE Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.33
Price Trends
50DMA
2.19
Positive
100DMA
2.16
Positive
200DMA
2.16
Positive
Market Momentum
MACD
0.04
Positive
RSI
58.43
Neutral
STOCH
24.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RGN, the sentiment is Positive. The current price of 2.33 is above the 20-day moving average (MA) of 2.32, above the 50-day MA of 2.19, and above the 200-day MA of 2.16, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 58.43 is Neutral, neither overbought nor oversold. The STOCH value of 24.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:RGN.

Shopping Centres Australasia Property Group RE Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AURGN
75
Outperform
$2.73B20.364.80%5.24%-10.24%
AUVCX
74
Outperform
$10.72B13.057.73%6.04%1.97%156.14%
AUSCG
64
Neutral
$18.94B17.995.94%4.87%5.05%500.30%
60
Neutral
$2.82B10.290.31%8508.26%5.91%-17.42%
AUDXS
58
Neutral
$7.78B-9.22%5.73%0.32%28.89%
AUGPT
54
Neutral
$8.96B-1.94%5.46%8.59%16.36%
AUCHC
54
Neutral
AU$8.50B298.531.03%3.01%-19.75%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:RGN
Shopping Centres Australasia Property Group RE
2.33
0.29
14.44%
AU:GPT
GPT Group
4.68
0.57
13.92%
AU:DXS
Dexus
7.09
0.37
5.54%
AU:CHC
Charter Hall Group
17.98
5.67
46.01%
AU:SCG
Scentre Group
3.63
0.57
18.74%
AU:VCX
Vicinity Centres
2.35
0.49
26.55%

Shopping Centres Australasia Property Group RE Corporate Events

Region Group Updates on Market Buy-Back Program
May 15, 2025

Region Group has announced an update on its ongoing on-market buy-back program, detailing the acquisition of 11,746 securities on the previous day, bringing the total to 1,108,731 securities bought back to date. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value, impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:RGN) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Shopping Centres Australasia Property Group RE stock, see the AU:RGN Stock Forecast page.

Region Group Updates on Market Buy-Back Program
May 15, 2025

Region Group has announced an update regarding its ongoing on-market buy-back program, focusing on fully paid units stapled securities. The company reported that a total of 1,096,640 securities had been bought back before the previous day, with an additional 12,091 securities purchased on the previous day. This buy-back initiative is part of Region Group’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:RGN) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Shopping Centres Australasia Property Group RE stock, see the AU:RGN Stock Forecast page.

Region Group Updates on Buy-Back Program
May 1, 2025

Region Group has announced an update regarding its ongoing on-market buy-back program for its fully paid units stapled securities, identified by the ASX code RGN. The company reported a total of 1,027,106 securities bought back before the previous day, with an additional 69,534 securities purchased on the prior day. This buy-back initiative is part of Region Group’s strategic financial management, potentially impacting its market positioning by reducing the number of outstanding shares, which can enhance shareholder value.

Region Group Updates on Securities Buy-Back Program
Apr 30, 2025

Region Group has announced an update regarding its ongoing on-market buy-back program for its fully paid units stapled securities. As of April 30, 2025, the company reported the buy-back of 266,488 securities on the previous day, adding to a total of 760,618 securities bought back prior to that day. This buy-back initiative is part of Region Group’s strategy to optimize capital management and potentially enhance shareholder value.

Region Group Updates on On-Market Buy-Back Activity
Apr 29, 2025

Region Group, trading under the ASX code RGN, has announced an update regarding their ongoing on-market buy-back of fully paid units stapled securities. The company reported that it bought back 142,850 securities on the previous day, adding to a total of 617,768 securities repurchased before that day. This buy-back activity reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.

Region Group Updates on Market Buy-Back Progress
Apr 28, 2025

Region Group, operating under the ASX code RGN, has announced an update regarding its ongoing on-market buy-back program. The company reported that it bought back 142,452 fully paid units stapled securities on the previous day, adding to a total of 475,316 securities repurchased before that day. This buy-back initiative is part of Region Group’s strategy to manage its capital structure and potentially enhance shareholder value.

Region Group Announces Daily Buy-Back of Securities
Apr 24, 2025

Region Group, operating under the ASX code RGN, has announced a daily buy-back of its fully paid units stapled securities. The company reported buying back 475,316 securities on the previous day as part of its ongoing market buy-back strategy. This move is likely aimed at consolidating ownership and potentially enhancing shareholder value.

Region Group Releases Q3 FY25 Market Update
Apr 17, 2025

Region Group, listed on the ASX as RGN, has released a market update for the third quarter of fiscal year 2025, ending March 31, 2025. The announcement, authorized by the board, provides stakeholders with insights into the company’s recent performance and strategic direction, potentially impacting its market positioning and investor relations.

Region RE Limited Announces Registry Office Relocation
Apr 11, 2025

Region RE Limited announced a change in the address of its registry office, MUFG Corporate Markets (AU) Limited, effective from April 14, 2025. The move to Liberty Place in Sydney is part of the company’s operational updates, with no changes to telephone numbers or postal addresses, ensuring continuity for stakeholders.

Change in Substantial Holder Interests at Shopping Centres Australasia
Apr 8, 2025

Shopping Centres Australasia Property Group RE Ltd. has experienced a change in the interests of a substantial holder, as reported in a recent notice. The change involves various entities, including State Street Global Advisors and State Street Bank and Trust Company, which hold significant voting power in the company. This shift in voting power could influence the company’s decision-making processes and impact its strategic direction.

Region Group Initiates $100 Million Securities Buy-Back
Apr 3, 2025

Region Group has announced a $100 million on-market buy-back of its securities as part of its capital management strategy. This move is funded by the proceeds from a recent retail shopping center sale and aims to enhance shareholder returns, improve financial metrics, and support portfolio optimization.

Mitsubishi UFJ Financial Group Ceases Substantial Holding in Region Group
Mar 11, 2025

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Region Group, a company involved in property management and retail trusts. This change occurred following a series of transactions where Morgan Stanley, through its controlled entities, purchased a significant number of securities from Mitsubishi UFJ Financial Group, Inc., affecting the voting interests and potentially altering the stakeholder dynamics within the company.

First Sentier Investors Becomes Substantial Holder in Shopping Centres Australasia
Mar 5, 2025

Shopping Centres Australasia Property Group RE Ltd. has announced that First Sentier Investors Holdings Pty Limited, a subsidiary of Mitsubishi UFJ Financial Group, has become a substantial holder in the company. This development indicates a significant shift in the ownership structure, potentially impacting the company’s strategic decisions and market positioning, as First Sentier Investors now holds considerable voting power in the company.

Mitsubishi UFJ Financial Group Ceases to be a Substantial Holder in Shopping Centres Australasia
Feb 28, 2025

Shopping Centres Australasia Property Group RE Ltd. has announced that Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in the company. This change in substantial holding is due to a series of purchases and sales of securities by an entity controlled by Morgan Stanley, which affected the voting securities of the company.

Director’s Interest Update at Shopping Centres Australasia
Feb 28, 2025

Shopping Centres Australasia Property Group RE Ltd. announced a change in the director’s interest notice, specifically involving Antoinette Milis. The notice details that Ms. Milis, through an indirect interest held by BT Portfolio Services Ltd as custodian for A Milis SMSF Pty Limited, acquired 20,000 stapled units at $2.055 per unit, increasing her total holdings to 67,837 units. This transaction was an on-market purchase and did not occur during a closed period, indicating compliance with trading regulations.

Mitsubishi UFJ Financial Group Expands Stake in Region Group
Feb 26, 2025

Mitsubishi UFJ Financial Group, Inc. has increased its substantial holding in Region Group, a company involved in property management and retail trust operations. The announcement highlights Mitsubishi UFJ’s voting power exceeding 20% in Morgan Stanley and 100% in First Sentier Investors Holdings Pty Limited, indicating a significant influence over these entities. This development may impact the company’s strategic decisions and stakeholder interests, reflecting Mitsubishi UFJ’s growing influence in the financial sector.

MUFG Becomes Substantial Holder in Shopping Centres Australasia
Feb 25, 2025

Shopping Centres Australasia Property Group RE Ltd. has announced that Mitsubishi UFJ Financial Group Inc. (MUFG), through its subsidiary First Sentier Investors Holdings Pty Limited, has become a substantial holder in the company. This development signifies a notable shift in the company’s shareholder structure, potentially impacting its strategic direction and market operations. The acquisition of substantial voting power by MUFG could influence future company decisions and stakeholder interests.

Mitsubishi UFJ Financial Group Ceases Substantial Holding in Region Group
Feb 25, 2025

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in the Region Group, which includes Region Re Ltd, Region Management Trust, and Region Retail Trust. The change in substantial holding was due to a series of transactions involving the purchase and sale of securities by an entity controlled by Morgan Stanley. This announcement indicates a shift in the ownership structure of the Region Group, potentially affecting its market positioning and stakeholder interests.

First Sentier Investors Ceases Substantial Holding in Shopping Centres Australasia
Feb 21, 2025

Shopping Centres Australasia Property Group RE Ltd. has announced that First Sentier Investors Holdings Pty Limited and its related bodies corporate or associates have ceased to be a substantial holder in the company as of February 19, 2025. This change in substantial holding may affect the voting interests and influence within the company, potentially impacting its strategic decisions and stakeholder relationships.

Mitsubishi UFJ Expands Stake in Region Group
Feb 20, 2025

Mitsubishi UFJ Financial Group, Inc. has increased its stake in Region Group, reflecting its significant interest in the real estate sector. The substantial holder notification indicates that Mitsubishi UFJ now holds over 5% of the voting power in Region Group, which may influence the company’s governance and strategic decisions.

Director Rhonda Jane Lloyd Increases Stake in Shopping Centres Australasia
Feb 20, 2025

Shopping Centres Australasia Property Group RE Ltd. has announced a change in the director’s interest notice. Director Rhonda Jane Lloyd has increased her indirect interest in the company by acquiring an additional 20,000 stapled units through on-market purchases, raising her total holdings to 30,000 units. This change reflects a significant increase in Ms. Lloyd’s stake, potentially indicating confidence in the company’s performance and prospects.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.