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Scentre Group (AU:SCG)
ASX:SCG
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Scentre Group (SCG) AI Stock Analysis

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AU:SCG

Scentre Group

(Sydney:SCG)

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Outperform 70 (OpenAI - 4o)
Rating:70Outperform
Price Target:
AU$4.50
▲(7.66% Upside)
Scentre Group's overall stock score of 70 reflects strong financial performance with solid revenue growth and improved profitability. The technical analysis indicates a bullish trend, supported by positive momentum indicators. The valuation is reasonable with an attractive dividend yield, making it appealing for income investors. The absence of earnings call and corporate events data did not impact the score.

Scentre Group (SCG) vs. iShares MSCI Australia ETF (EWA)

Scentre Group Business Overview & Revenue Model

Company DescriptionScentre Group (ASX Code: SCG) is the owner and operator of Westfield in Australia and New Zealand with interests in 42 Westfield Living Centres, encompassing approximately 12,000 outlets.
How the Company Makes MoneyScentre Group generates revenue primarily through leasing retail space to a variety of tenants, including major national and international brands. The company's revenue model is largely driven by rental income from these leases, which may include fixed rents and percentage rents based on tenants' sales performance. Additionally, Scentre Group earns income through property management fees, development fees, and ancillary services offered to tenants. The company also benefits from strategic partnerships with retailers and brands, enhancing foot traffic and customer engagement in its centers. Other factors contributing to its earnings include its focus on property redevelopment and expansion, aimed at increasing the value and attractiveness of its retail assets.

Scentre Group Financial Statement Overview

Summary
Scentre Group shows strong revenue growth and improved profitability, with a substantial increase in net income. The balance sheet is stable with moderate leverage, and cash flows are steady but lack significant growth. The absence of EBIT in the latest period is a concern.
Income Statement
70
Positive
Scentre Group has demonstrated strong revenue growth, with a 5% increase from the previous year. The gross profit margin remains robust at approximately 69.8%, indicating efficient cost management. However, the absence of EBIT for the latest period is concerning, impacting profitability metrics. Despite this, net income has substantially increased, improving the net profit margin to 39.8% compared to the prior year's 7%.
Balance Sheet
65
Positive
The company's debt-to-equity ratio is around 0.92, which is reasonable but suggests moderate leverage. Return on Equity (ROE) is strong at 5.77%, reflecting effective profit generation from equity. The equity ratio stands at 50%, indicating a balanced capital structure. Overall, the balance sheet shows stability but with room for debt reduction.
Cash Flow
60
Neutral
Free cash flow growth is marginal at 5.66%, suggesting limited improvement. The operating cash flow to net income ratio is unavailable, which poses a challenge in assessing cash efficiency. However, the company maintains healthy free cash flow relative to net income, indicating good cash generation capabilities. Overall, cash flows are stable but lack significant growth momentum.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue2.67B2.64B2.51B2.46B2.28B2.16B
Gross Profit1.88B1.84B1.76B1.64B1.59B1.58B
EBITDA874.80M1.93B828.70M1.75B1.52B1.72B
Net Income1.43B1.05B174.90M300.60M887.90M-3.73B
Balance Sheet
Total Assets36.28B36.35B35.67B37.01B36.64B38.06B
Cash, Cash Equivalents and Short-Term Investments318.40M380.60M296.40M679.00M978.70M2.60B
Total Debt16.36B16.77B15.71B15.87B15.47B16.42B
Total Liabilities17.69B18.17B17.65B18.29B17.46B19.07B
Stockholders Equity18.41B18.19B17.84B18.53B19.00B18.83B
Cash Flow
Free Cash Flow849.90M659.40M624.10M1.09B844.40M645.50M
Operating Cash Flow1.02B1.07B1.07B1.12B868.20M666.90M
Investing Cash Flow-402.20M-460.00M-438.90M-481.30M-342.00M-356.60M
Financing Cash Flow-572.70M-526.20M-1.01B-941.30M55.30M-201.90M

Scentre Group Technical Analysis

Technical Analysis Sentiment
Positive
Last Price4.18
Price Trends
50DMA
4.10
Positive
100DMA
3.88
Positive
200DMA
3.66
Positive
Market Momentum
MACD
0.04
Negative
RSI
59.37
Neutral
STOCH
71.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SCG, the sentiment is Positive. The current price of 4.18 is above the 20-day moving average (MA) of 4.13, above the 50-day MA of 4.10, and above the 200-day MA of 3.66, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 59.37 is Neutral, neither overbought nor oversold. The STOCH value of 71.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SCG.

Scentre Group Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
$15.65B19.457.99%3.89%4.75%170.39%
$12.24B12.069.03%4.60%0.29%83.44%
$21.78B15.397.71%4.17%5.44%231.88%
$2.17B12.193.79%4.94%3.15%1.96%
AU$10.50B28.253.56%4.38%12.66%
AU$9.43B141.860.71%3.77%-18.48%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SCG
Scentre Group
4.18
0.83
24.78%
AU:VCX
Vicinity Centres
2.61
0.54
25.90%
AU:GPT
GPT Group
5.48
0.98
21.64%
AU:MGR
Mirvac Group
2.39
0.34
16.64%
AU:SGP
Stockland
6.47
1.53
31.00%

Scentre Group Corporate Events

Scentre Group Explores Strategic Opportunities at Westfield Chermside
Oct 22, 2025

Scentre Group has acknowledged a media report about a potential sale of a further interest in Westfield Chermside to a Dexus fund, as part of its ongoing capital management strategy. The company is exploring strategic opportunities, including forming joint ventures, and will keep the market informed of any new transactions, highlighting its commitment to transparency and strategic growth.

The most recent analyst rating on (AU:SCG) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.

Scentre Group Prices €500 Million in Senior Notes to Strengthen Financial Position
Oct 2, 2025

Scentre Group has successfully priced €500 million of 8-year senior notes under its Euro Medium Term Note Programme, with a fixed coupon of 3.45%. The proceeds will be used to repay existing debts, aligning with the Group’s strategy to diversify funding sources, extend debt maturity, and reduce the overall cost of capital. This marks the Group’s return to the EUR market, potentially strengthening its financial positioning and operational flexibility.

The most recent analyst rating on (AU:SCG) stock is a Buy with a A$4.60 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.

Scentre Group Appoints New Director Julie Ann Coates
Oct 1, 2025

Scentre Group has announced the appointment of Julie Ann Coates as a director, effective from October 1, 2025. The notice reveals that Coates currently holds no securities or interests in the company’s trusts or contracts, indicating a fresh start in her role. This appointment could signal strategic shifts or reinforce governance within Scentre Group, potentially impacting its operational strategies and stakeholder relations.

The most recent analyst rating on (AU:SCG) stock is a Buy with a A$4.60 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.

Scentre Group Appoints Julie Coates as Non-Executive Director
Sep 17, 2025

Scentre Group has announced the appointment of Julie Coates as a non-executive director of its board, effective October 1, 2025. Julie Coates brings a wealth of experience from her previous roles in retail, customer experience, and building materials, which are expected to enhance the board’s capabilities. Her past positions include CEO of CSR Limited and leadership roles at Goodman Fielder Limited and Woolworths Group. Coates is also currently a non-executive director at Wesfarmers Limited and a director at the Green Building Council of Australia. This strategic appointment is anticipated to bolster Scentre Group’s board expertise and influence its future direction positively.

The most recent analyst rating on (AU:SCG) stock is a Buy with a A$4.60 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.

Scentre Group Secures A$1.0 Billion in Senior Notes to Optimize Capital Strategy
Sep 11, 2025

Scentre Group has successfully priced a A$1.0 billion 10-year senior note issue in the Australian domestic market with a fixed rate coupon of 5.35%, swapped to a floating rate. The proceeds will be used to repay existing debt, aligning with the company’s strategy to extend debt maturity and reduce capital costs, which could strengthen its financial position and operational flexibility.

The most recent analyst rating on (AU:SCG) stock is a Buy with a A$4.60 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.

Scentre Group Director Increases Stake Through DRP
Aug 29, 2025

Scentre Group has announced a change in the director’s interest, specifically concerning Catherine Michelle Brenner. Brenner has acquired 2,301 ordinary stapled securities through the company’s Distribution Reinvestment Plan, increasing her total holdings to 104,656 securities. This acquisition reflects the company’s ongoing efforts to align director interests with shareholder value, potentially impacting stakeholder perceptions positively.

The most recent analyst rating on (AU:SCG) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.

Scentre Group Announces Quotation of New Securities on ASX
Aug 29, 2025

Scentre Group has announced the quotation of 7,753,403 fully paid ordinary units stapled securities on the Australian Securities Exchange (ASX) as of August 29, 2025. This move is part of a dividend or distribution plan, potentially impacting the company’s capital structure and providing liquidity to its stakeholders.

The most recent analyst rating on (AU:SCG) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.

Scentre Group Announces Distribution Details for H1 2025
Aug 26, 2025

Scentre Group announced the distribution details for the six months ending June 30, 2025, for Scentre Group Trust 1 and Trust 2. The distribution amount is set at 5.070 cents per unit, with a payment date of August 29, 2025. This announcement pertains to the non-resident withholding tax and is relevant for the purposes of the Tax Administration Act. The notice clarifies that the distribution does not include non-concessional MIT income or fund payments from a clean building managed investment trust, and it advises Australian resident securityholders to await the annual tax statement for full year distribution details.

The most recent analyst rating on (AU:SCG) stock is a Buy with a A$3.90 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.

Scentre Group Reports Strong Half-Year Profit Growth
Aug 26, 2025

Scentre Group is a leading Australian company specializing in property investment, management, and development, primarily focusing on shopping centers across Australia and New Zealand.

Scentre Group Reports Strong H1 2025 Results and Upgrades Distribution Guidance
Aug 26, 2025

Scentre Group reported a 3.2% increase in Funds From Operations to $587 million for the first half of 2025, with a statutory profit of $782 million. The company upgraded its full-year distribution guidance, reflecting strong operational performance and increased customer visitation. The Group’s strategic initiatives, including redevelopment projects and land holdings, position it for future growth, while its capital management strategy, including joint ventures, enhances its financial flexibility.

The most recent analyst rating on (AU:SCG) stock is a Buy with a A$3.90 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.

Scentre Group Announces Distribution Details for June 2025
Aug 26, 2025

Scentre Group has announced the actual distribution for the period ending 30 June 2025, including details on the AUD/NZD exchange rate and the equivalent distribution amount for securityholders receiving distributions in NZD. This update reflects the company’s commitment to transparency and provides stakeholders with essential financial details, potentially impacting investor decisions and market positioning.

The most recent analyst rating on (AU:SCG) stock is a Buy with a A$4.34 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.

Scentre Group Announces New Dividend Distribution
Aug 11, 2025

Scentre Group has announced a new distribution of AUD 0.08815 per fully paid ordinary/unit stapled security, with key dates including an ex-date of August 14, 2025, a record date of August 15, 2025, and a payment date of August 29, 2025. This announcement is part of the company’s financial reporting for the half-year ended June 30, 2025, and reflects its ongoing commitment to providing returns to its investors.

The most recent analyst rating on (AU:SCG) stock is a Hold with a A$3.74 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG 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 23, 2025