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

• Market Cap: $2.74B
• Dividend Yield: 5.73%
• Average Volume (3M): 2.19M
• Price to Earnings (P/E): 20.4
• Beta (1Y): 0.85
• Revenue Growth: -10.24%
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 48
• Industry: REIT - Retail
• EPS (TTM): 0.07
• Shares Outstanding: 1,160,691,800
• 10 Day Avg. Volume: 2,359,322
• 30 Day Avg. Volume: 2,190,175
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.46
• Enterprise Value/Revenue: 10.51
• Enterprise Value/Gross Profit: 16.97
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $2.40
• Price Target Upside: 0.48% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 9

• Rating: 70 Neutral
• Price Target: AU$2.50 ▲(4.60% Upside)

The overall stock score reflects strong financial performance, particularly in operational margins and cash flow generation, which supports long-term sustainability. However, the stock's technical indicators suggest moderate bearish sentiment, offsetting some of its financial strengths. The valuation is attractive with a high dividend yield, but the lack of recent earnings call analysis limits additional insights.

Shopping Centres Australasia Property Group RE Business Overview & Revenue Model

Company Description

SCA 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 Money

Shopping Centres Australasia Property Group RE generates revenue primarily through leasing space in its shopping centers to retailers. The rental income from these leases is the core revenue stream, often structured with long-term agreements that provide stable and predictable cash flows. The company also benefits from annual rent escalations, which are typically built into lease agreements. Additionally, ancillary income can be derived from car parking facilities, advertising, and other service charges within their properties. Significant partnerships with major retail chains and supermarkets enhance occupancy rates and attract foot traffic, ensuring steady demand for retail space.

Shopping Centres Australasia Property Group RE Financial Statement Overview

Summary

The company exhibits stable revenue growth and strong operational margins, supported by consistent cash flow generation. However, net income variability presents challenges, impacting profitability metrics. The balance sheet is solid with manageable debt levels.

Income Statement

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

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

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	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	380.20M	372.10M	363.70M	311.80M	329.70M	284.30M
Gross Profit	235.40M	231.80M	235.70M	194.40M	229.60M	175.70M
EBITDA	0.00	241.40M	240.60M	175.10M	146.20M	211.80M
Net Income	134.10M	17.30M	-123.60M	487.10M	462.90M	85.50M
Balance Sheet
Total Assets	4.59B	4.55B	4.62B	4.70B	4.21B	3.59B
Cash, Cash Equivalents and Short-Term Investments	37.00M	19.40M	31.90M	8.70M	11.60M	183.80M
Total Debt	1.64B	1.58B	1.52B	1.38B	1.34B	1.09B
Total Liabilities	1.77B	1.74B	1.69B	1.56B	1.48B	1.22B
Stockholders Equity	2.82B	2.81B	2.93B	3.13B	2.72B	2.37B
Cash Flow
Free Cash Flow	74.90M	182.80M	176.80M	179.40M	145.00M	147.30M
Operating Cash Flow	189.00M	182.80M	176.80M	179.40M	145.00M	147.30M
Investing Cash Flow	-76.60M	-90.60M	-207.20M	-129.80M	-324.90M	-260.90M
Financing Cash Flow	-93.00M	-96.60M	45.50M	-52.50M	187.70M	113.20M

Shopping Centres Australasia Property Group RE Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.39
• 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:RGN, the sentiment is Positive. The current price of 2.39 is above the 20-day moving average (MA) of 2.31, above the 50-day MA of 2.29, and above the 200-day MA of 2.14, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 64.78 is Neutral, neither overbought nor oversold. The STOCH value of 76.67 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RGN	70 Neutral	$2.74B	20.45	4.80%	5.73%	-10.24%	―
Sector *	65 Neutral	£935.40M	14.21	6.19%	6.63%	15.71%	68.63%
MQV	―	€1.32B	12.60	6.37%	―	―	―
BWP	80 Outperform	AU$2.61B	9.67	9.58%	5.21%	16.53%	36.39%
HDN	67 Neutral	AU$2.69B	12.81	8.25%	6.56%	-1.08%	―
INA	65 Neutral	AU$2.33B	39.45	3.77%	1.98%	22.09%	-19.31%
DXC	63 Neutral	AU$424.29M	10.78	7.93%	6.70%	-3.97%	1057.09%

Shopping Centres Australasia Property Group RE Corporate Events

Region Group Updates on Securities Buy-Back Progress

Region Group has announced an update regarding its ongoing buy-back of fully paid units stapled securities, with a total of 490,000 securities bought back on the previous day, adding to the cumulative total of 1,668,930 securities. This buy-back initiative is part of Region Group’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach to managing its financial resources.

The most recent analyst rating on (AU:RGN) stock is a Sell with a A$2.25 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 Daily Buy-Back Update

Region Group has announced a daily buy-back notification for its fully paid units stapled securities, indicating an ongoing effort to manage its capital structure. The company reported buying back a total of 1,120,477 securities before the previous day and an additional 548,453 securities on the previous day, reflecting its commitment to enhancing shareholder value.

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 Announces Upcoming Distribution

Region Group, trading under the ASX code RGN, has announced a distribution of AUD 0.07000000 per fully paid unit stapled security. The distribution relates to a six-month period ending on June 30, 2025, with the ex-date set for June 27, 2025, and payment scheduled for August 29, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its 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.

Region Group Announces Final FY25 Distribution and Upcoming Results

Region Group announced a final distribution of 7.0 cents per stapled security for the period from January to June 2025, totaling 13.7 cents for the fiscal year. The distribution will be applicable to all securities on record as of June 30, 2025, with payments expected by August 29, 2025. The Distribution Reinvestment Plan is suspended for this period, and the full-year results are anticipated on August 19, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors, potentially impacting its market positioning and investor relations.

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 $54.4 Million Increase in Property Valuations

Region Group, a property investment company, announced an increase in the value of its investment properties by $54.4 million, reaching a total of $4,374.1 million as of June 30, 2025. This growth is attributed to a combination of like-for-like valuation increases, acquisitions, and capital expenditure, offset by disposals. The company’s pro forma gearing remains within the target range, and the Net Tangible Assets have seen a slight increase, indicating stable financial health and positive market positioning.

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 Announces Cessation of Securities via Buy-Back

Region Group, operating under the ASX issuer code RGN, has announced the cessation of 1,120,477 fully paid units of stapled securities due to an on-market buy-back, effective May 19, 2025. This strategic move is likely aimed at optimizing the company’s capital structure, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.

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

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

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.