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Shopping Centres Australasia Property Group RE Ltd. (AU:RGN)
ASX:RGN
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Shopping Centres Australasia Property Group RE (RGN) AI Stock Analysis

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AU:RGN

Shopping Centres Australasia Property Group RE

(Sydney:RGN)

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Neutral 69 (OpenAI - 4o)
Rating:69Neutral
Price Target:
AU$2.50
▲(2.04% Upside)
The overall stock score of 68.9 reflects strong financial performance with robust revenue growth and operational efficiency. However, technical indicators suggest short-term bearish momentum, and negative free cash flow raises liquidity concerns. The stock's valuation is attractive with a low P/E ratio and high dividend yield, making it appealing for income-focused investors.

Shopping Centres Australasia Property Group RE (RGN) vs. iShares MSCI Australia ETF (EWA)

Shopping Centres Australasia Property Group RE Business Overview & Revenue Model

Company DescriptionSCA Property Group (SCP) includes two internally managed real estate investment trusts owning a portfolio of quality neighbourhood and sub-regional shopping centres located across Australia. The SCA Property Group invests in shopping centres predominantly anchored by non-discretionary retailers, with long term leases to tenants such as Woolworths Limited, Coles Group Limited and companies in the Wesfarmers Limited group. The SCA Property Group is a stapled entity comprising Shopping Centres Australasia Property Management Trust (ARSN 160 612 626) and Shopping Centres Australasia Property Retail Trust (ARSN 160 612 788).
How the Company Makes MoneyShopping Centres Australasia Property Group RE generates revenue primarily through leasing retail spaces to tenants, which includes both fixed rents and percentage rents based on tenants' sales performance. The company benefits from long-term lease agreements, providing stable cash flow. Additional revenue streams include property management fees and income from ancillary services such as advertising and promotional activities within its centers. The company's strategic partnerships with major retailers and its focus on community-oriented developments enhance its occupancy rates and tenant mix, contributing to its overall earnings.

Shopping Centres Australasia Property Group RE Financial Statement Overview

Summary
Shopping Centres Australasia Property Group RE shows strong revenue growth and operational efficiency, with high gross and EBIT margins. The balance sheet reflects moderate leverage and effective equity utilization, but rising debt levels warrant caution. Cash flow analysis reveals strong operating cash flow but concerning negative free cash flow, indicating potential liquidity challenges. Overall, the company is performing well but should address cash flow issues to maintain financial health.
Income Statement
78
Positive
The company exhibits strong revenue growth with a 47.3% increase in the latest year, indicating robust expansion. Gross profit and EBIT margins are high at 64.06% and 73.01%, respectively, showcasing operational efficiency. However, the net profit margin is significantly lower than previous years, suggesting potential cost pressures or non-operational expenses impacting profitability.
Balance Sheet
72
Positive
The debt-to-equity ratio of 0.55 reflects moderate leverage, which is manageable but should be monitored. Return on equity is strong at 14.17%, indicating effective use of equity to generate profits. The equity ratio is stable, suggesting a solid capital structure. However, the increase in total debt over the years could pose a risk if not managed carefully.
Cash Flow
65
Positive
Operating cash flow remains positive and covers net income, indicating good cash generation from operations. However, the free cash flow has turned negative, with a significant decline of 121.76%, which could impact future investments and debt servicing. The negative free cash flow to net income ratio highlights potential liquidity concerns.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue382.00M382.00M372.10M363.70M311.80M329.70M
Gross Profit244.70M244.70M231.80M235.70M194.40M229.60M
EBITDA103.20M278.90M241.40M240.60M175.10M146.20M
Net Income212.50M212.50M17.30M-123.60M487.10M462.90M
Balance Sheet
Total Assets4.59B4.59B4.55B4.62B4.70B4.21B
Cash, Cash Equivalents and Short-Term Investments8.50M8.50M19.40M31.90M8.70M11.60M
Total Debt1.57B1.57B1.58B1.52B1.38B1.34B
Total Liabilities1.73B1.73B1.74B1.69B1.56B1.48B
Stockholders Equity2.86B2.86B2.81B2.93B3.13B2.72B
Cash Flow
Free Cash Flow45.40M-16.30M182.80M176.80M179.40M145.00M
Operating Cash Flow154.40M154.40M182.80M176.80M179.40M145.00M
Investing Cash Flow10.60M10.60M-90.60M-207.20M-129.80M-324.90M
Financing Cash Flow-175.90M-175.90M-96.60M45.50M-52.50M187.70M

Shopping Centres Australasia Property Group RE Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.45
Price Trends
50DMA
2.42
Positive
100DMA
2.37
Positive
200DMA
2.26
Positive
Market Momentum
MACD
<0.01
Positive
RSI
55.37
Neutral
STOCH
46.45
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 2.45 is above the 20-day moving average (MA) of 2.43, above the 50-day MA of 2.42, and above the 200-day MA of 2.26, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 55.37 is Neutral, neither overbought nor oversold. The STOCH value of 46.45 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 (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
AU$2.81B11.198.25%6.18%2.70%205.08%
72
Outperform
AU$2.27B17.658.27%1.71%6.96%815.99%
69
Neutral
$2.80B13.187.29%5.59%0.03%1135.14%
68
Neutral
AU$2.76B10.249.58%4.84%16.53%36.39%
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
64
Neutral
€2.37B11.098.13%4.50%-9.69%1142.57%
64
Neutral
AU$409.14M10.397.93%7.10%-3.97%1057.09%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:RGN
Shopping Centres Australasia Property Group RE
2.45
0.42
20.75%
AU:CQR
Charter Hall Retail REIT
4.14
1.05
33.85%
AU:DXC
Dexus Convenience Retail REIT
2.92
0.13
4.66%
AU:BWP
BWP Trust
3.85
0.65
20.31%
AU:HDN
HomeCo Daily Needs REIT
1.38
0.21
17.95%
AU:INA
Ingenia Communities Group
5.60
0.86
18.14%

Shopping Centres Australasia Property Group RE Corporate Events

Region Group Announces Director Departure
Oct 22, 2025

Shopping Centres Australasia Property Group RE, operating under the name Region Group, has announced a change in its board of directors. Belinda Robson has ceased to be a director as of October 22, 2025. This change in directorship may impact the company’s governance and strategic direction, potentially affecting stakeholders and the company’s position in the retail property market.

The most recent analyst rating on (AU:RGN) stock is a Hold with a A$2.40 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 Appoints KPMG as New Auditor
Oct 21, 2025

Region Group has announced a change in its auditing firm, replacing Deloitte Touche Tohmatsu with KPMG Australia as the scheme and compliance plan auditor for its managed investment schemes. The decision, approved by security holders and the Australian Securities & Investments Commission, follows a review and tender process, marking the end of Deloitte’s auditing role since 2012.

The most recent analyst rating on (AU:RGN) stock is a Hold 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 Secures Strong Shareholder Support at 2025 AGM
Oct 21, 2025

Region Group announced the successful passage of all eight resolutions during its 2025 Annual General Meeting, indicating strong shareholder support. This outcome reflects positively on the company’s governance and strategic direction, potentially enhancing its market position and stakeholder confidence.

The most recent analyst rating on (AU:RGN) stock is a Hold 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 Reports Strong Financial Performance and Growth in Assets
Oct 21, 2025

Region Group announced its financial performance for the year ending 30 June 2025 at its Annual General Meeting. The company reported an increase in Funds from Operations to 15.5 cents per security and Adjusted Funds from Operations to 13.7 cents per security. Distributions to security holders totaled $159.1 million, representing a full payout of AFFO. The company’s Assets Under Management exceeded $5 billion, marking an 8.7% increase from the previous year, driven by strong leasing activity and effective expense management. The Net Tangible Asset per security rose to $2.47, reflecting positive revaluation growth.

The most recent analyst rating on (AU:RGN) stock is a Hold 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 Announces 2025 AGM Details
Sep 18, 2025

Region Group has announced its 2025 Annual General Meeting (AGM), which will be conducted as a hybrid event on October 21, 2025. The AGM notice, detailing how security holders can participate and vote, is available on the company’s website. This announcement is significant as it outlines the company’s commitment to transparency and stakeholder engagement, potentially impacting investor relations and market confidence.

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 Director Adjusts Securities Holdings
Sep 5, 2025

Region Group, operating under Region RE Limited and associated trusts, has announced a change in the director’s interest notice concerning Anthony Michael Grainger Mellowes. The notice details the sale of 112,679 stapled units by Mr. Mellowes to address personal tax liabilities and fund other investments, resulting in a decrease in his total securities from 1,615,335 to 1,502,656. This transaction may reflect personal financial management strategies and does not necessarily indicate a shift in the company’s strategic direction.

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 Director Adjusts Financial Stake Through Securities Sale
Sep 5, 2025

Region Group announced a change in the director’s interest, specifically involving Anthony Michael Grainger Mellowes, who disposed of 150,000 stapled units at a value of $2.4200 per security. This on-market sale was conducted to fund personal tax liabilities related to securities previously granted as remuneration, as well as other investments. The change reflects a reduction in Mr. Mellowes’ total securities held, impacting his financial stake in the company.

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 Director Adjusts Securities Holdings
Sep 4, 2025

Region Group, operating under Region RE Limited and associated trusts, has announced a change in the director’s interest notice. Director Anthony Michael Grainger Mellowes has disposed of 37,321 stapled units at a value of $2.4200 per security, reducing his total holdings to 1,765,335 units. This transaction was an on-market sale to fund personal tax liabilities and other investments, reflecting a strategic financial decision by the director.

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 Progress
Sep 4, 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 security code RGN. The latest notification reveals that the company bought back 207,583 securities on the previous day, contributing to a total of 2,158,930 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.

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.

Director Increases Stake in Shopping Centres Australasia Property Group RE
Aug 29, 2025

Shopping Centres Australasia Property Group RE, operating under Region Group, has announced a change in the director’s interest notice. Anthony Michael Grainger Mellowes, a director, has increased his holdings in the company by acquiring 310,722 stapled units through the Executive Incentive Plan, reflecting both long-term and short-term incentive rights. This change indicates a significant increase in his stake, which could signal confidence in the company’s future performance and potentially impact stakeholder perceptions positively.

The most recent analyst rating on (AU:RGN) stock is a Buy with a A$2.70 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 Securities Quotation Application
Aug 28, 2025

Region Group, operating under the ASX issuer code RGN, has announced an update to a previous securities quotation application. The update corrects the number of securities to be quoted, which are issued under an employee incentive scheme. This adjustment reflects the company’s ongoing efforts to maintain accurate and transparent communication with its stakeholders.

The most recent analyst rating on (AU:RGN) stock is a Buy with a A$2.70 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 Announces Quotation of New Securities
Aug 27, 2025

Region Group, operating in the real estate sector, has announced the issuance of 763,029 fully paid units of stapled securities, which will be quoted on the Australian Securities Exchange (ASX) starting August 28, 2025. This move is part of an employee incentive scheme and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the attractiveness of the company’s securities.

The most recent analyst rating on (AU:RGN) stock is a Buy with a A$2.70 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 Sets Date for Annual General Meeting and Director Nominations
Aug 21, 2025

Region Group has announced the date for its Annual General Meeting, which will be held on October 21, 2025. The company has also set a deadline for director nominations, which must be submitted by September 1, 2025. This announcement is part of the company’s compliance with ASX listing rules and is significant for stakeholders as it outlines the timeline for governance activities and potential leadership changes.

The most recent analyst rating on (AU:RGN) stock is a Buy with a A$2.70 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 Reports Strong FY25 Earnings and Strategic Growth
Aug 19, 2025

Shopping Centres Australasia Property Group RE Ltd., now known as Region Group, is a leading real estate investment trust (REIT) in Australia, specializing in convenience-based retail properties. The company owns and manages a substantial portfolio of retail centers, with a strong focus on non-discretionary retail categories, anchored by major grocery chains such as Woolworths and Coles.

Shopping Centres Australasia Property Group RE Unveils FY25 Results
Aug 18, 2025

Shopping Centres Australasia Property Group RE has released its FY25 results, highlighting its strategic focus on operational and financial performance, as well as value creation opportunities. The announcement outlines the company’s outlook and potential impacts on its operations and market positioning, providing insights into future growth and stakeholder implications.

The most recent analyst rating on (AU:RGN) stock is a Hold with a A$2.44 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 Reports Strong FY25 Financial Performance and Strategic Portfolio Developments
Aug 18, 2025

Region Group announced strong financial results for FY25, with a statutory net profit after tax of $212.5 million and an increase in assets under management to $5.2 billion. The company reported a distribution of 13.7 cents per security, maintaining a payout ratio of 88% of FFO and 100% of AFFO. Operationally, the company achieved a portfolio occupancy of 97.5% and completed significant leasing deals, while also advancing sustainability initiatives with solar PV installations. The acquisition of Kallo Town Centre and the disposal of non-core assets highlight Region Group’s strategy of curating its portfolio. Looking forward, the company aims to deliver resilient cashflows and growth in funds under management, with a focus on strategic acquisitions, leasing improvements, and capital management.

The most recent analyst rating on (AU:RGN) stock is a Hold with a A$2.44 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 Reports Over 1,100% Increase in Annual Net Profit
Aug 18, 2025

Region Group reported a significant increase in net profit for the year ending June 30, 2025, with a 1,128.3% rise compared to the previous year, attributed to strong performance in its retail property management operations. The company declared a total distribution of 13.70 cents per stapled security, with a final distribution of 7.00 cents to be paid in August 2025, reflecting its robust financial health and commitment to returning value to stakeholders.

The most recent analyst rating on (AU:RGN) stock is a Hold with a A$2.44 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.

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.Date of analysis: Oct 16, 2025