Stockland (SGP) AI Stock Analysis

• Market Cap: AU$13.32B
• Dividend Yield: 2.88%
• Average Volume (3M): 5.85M
• Price to Earnings (P/E): 29.6
• Beta (1Y): 1.12
• Revenue Growth: 18.41%
• EPS Growth: 86.24%
• Country: AU
• Employees: 1,600
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Diversified
• EPS (TTM): 0.10
• Shares Outstanding: 2,399,818,000
• 10 Day Avg. Volume: 6,295,516
• 30 Day Avg. Volume: 5,851,368
• PEG Ratio: -0.47
• Price to Book (P/B): 1.03
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 29.47
• 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$5.89
• Price Target Upside: 6.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 63 Neutral
• Price Target: AU$6.00 ▲(7.91%Upside)

The overall stock score is primarily influenced by stable operational efficiency and positive technical indicators. However, the high valuation and challenges in profitability and cash flow generation weigh down the score. The absence of recent earnings call data and notable corporate events also limits additional insights.

Stockland Business Overview & Revenue Model

Company Description

Stockland (ASX:SGP) was founded in 1952 and has grown to become one of Australia's largest diversified property groups owning, developing and managing a large portfolio of shopping centres, residential communities, workplace and logistic assets and retirement living villages. Stockland is consistently rated as one of the most sustainable real estate companies in the world by the Dow Jones Sustainability World Index (DJSI). Stockland is also an Employer of Choice for Gender Equality, as recognised by the Workplace Gender Equality Agency.

How the Company Makes Money

Stockland makes money through a diversified revenue model that includes income from residential development, commercial property leasing, retail property management, and retirement living services. Key revenue streams include the sale of residential properties and land, rental income from commercial and retail properties, and management fees from retirement living facilities. Additionally, Stockland forms strategic partnerships with other developers and investors to co-develop properties, thereby enhancing its financial capabilities and expanding its portfolio. Factors contributing to its earnings include market demand for residential and commercial properties, strategic location of assets, and effective asset management practices. The company's commitment to sustainability also positions it favorably in the market, attracting eco-conscious tenants and buyers.

Stockland Financial Statement Overview

Summary

Stockland demonstrates stable operational efficiency and a strong balance sheet. However, the company faces challenges in profitability and cash flow generation, with a decreasing net profit margin and free cash flow.

Income Statement

The gross profit margin has shown stability over the years, with a recent margin of 39.6% in 2024. The net profit margin decreased to 10.2% from 15.2% in 2023, indicating reduced profitability. Revenue growth was modest at 3.4% from 2023 to 2024. EBIT and EBITDA margins remained healthy at 23.3% and 23.4% respectively, showing operational efficiency despite a decrease from prior years.

Balance Sheet

Stockland maintains a solid equity base with a stable equity ratio of 58%. The debt-to-equity ratio is at a manageable level of 0.48, indicating moderate leverage. Return on equity decreased to 3.1% in 2024, reflecting a dip in profitability. The balance sheet shows strong stability, with room for improvement in returns.

Cash Flow

Free cash flow decreased significantly from 2023 to 2024. The operating cash flow to net income ratio is low at 0.37, suggesting potential challenges in cash generation relative to net income. However, the free cash flow to net income ratio is relatively stronger at 0.36, indicating some cash flow stability.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	3.04B	2.99B	2.81B	2.81B	2.73B	2.81B
Gross Profit	650.00M	1.18B	862.00M	760.00M	1.07B	1.17B
EBITDA	653.50M	701.00M	614.00M	755.00M	723.00M	801.00M
Net Income	448.00M	305.00M	440.00M	1.38B	1.10B	-21.00M
Balance Sheet
Total Assets	17.64B	17.06B	16.64B	20.41B	19.30B	19.16B
Cash, Cash Equivalents and Short-Term Investments	506.00M	807.00M	306.00M	399.00M	1.29B	458.00M
Total Debt	5.58B	4.77B	3.95B	4.51B	4.79B	5.07B
Total Liabilities	7.70B	7.17B	6.46B	10.05B	9.72B	10.07B
Stockholders Equity	9.94B	9.89B	10.18B	10.36B	9.58B	9.08B
Cash Flow
Free Cash Flow	282.00M	110.00M	309.00M	896.00M	1.03B	997.00M
Operating Cash Flow	289.00M	114.00M	332.00M	918.00M	1.05B	1.12B
Investing Cash Flow	120.00M	101.00M	763.00M	-976.00M	95.00M	-137.00M
Financing Cash Flow	-596.00M	233.00M	-1.22B	-705.00M	-423.00M	-676.00M

Stockland Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.56
• 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:SGP, the sentiment is Positive. The current price of 5.56 is above the 20-day moving average (MA) of 5.42, above the 50-day MA of 5.37, and above the 200-day MA of 5.03, 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 47.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SGP.

Stockland Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CLW	71 Outperform	AU$2.98B	―	-5.75%	5.97%	-15.42%	65.86%
GMG	69 Neutral	$69.45B	70.77	5.14%	0.86%	9.68%	273.05%
CHC	63 Neutral	AU$9.02B	311.26	1.03%	2.45%	-19.75%	―
SGP	63 Neutral	AU$13.32B	29.56	4.54%	2.88%	18.41%	86.24%
GPT	58 Neutral	AU$9.58B	―	-1.94%	4.80%	8.59%	16.36%
Sector *	53 Neutral	$1.20B	3.25	-0.13%	7.08%	-1.64%	-127.49%
DXS	53 Neutral	$7.51B	―	-9.22%	5.44%	0.32%	28.89%

Stockland Corporate Events

Stockland Announces New Dividend Distribution

Stockland has announced a new dividend distribution of AUD 0.172 per fully paid ordinary/unit stapled security, with the ex-date set for June 27, 2025, and the payment date on August 29, 2025. This announcement reflects Stockland’s ongoing commitment to delivering value to its shareholders and underscores its stable financial performance, potentially enhancing its attractiveness to investors.

The most recent analyst rating on (AU:SGP) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Stockland stock, see the AU:SGP Stock Forecast page.

Stockland Announces 2H25 Distribution and Reinvestment Plan

Stockland announced an estimated distribution of 17.2 cents per Ordinary Stapled Security for the six months ending June 30, 2025, aligning with its full-year guidance of 25.2 cents. The distribution will be paid on August 29, 2025, with the full-year financial results to be released on August 20, 2025. The company also confirmed the operation of its Distribution Reinvestment Plan (DRP) for this period, offering a 1.0 percent discount on securities acquired through the plan, with securityholders needing to elect participation by July 31, 2025.

The most recent analyst rating on (AU:SGP) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Stockland stock, see the AU:SGP Stock Forecast page.

Stockland Updates Security Trading Policy to Enhance Compliance

Stockland has updated its Security Trading Policy to align with Australian law and industry standards, emphasizing the importance of timing in securities transactions to avoid insider trading. This policy applies to all employees and associates, with strict adherence required to prevent civil or criminal liabilities, thereby reinforcing Stockland’s commitment to ethical conduct and aligning employee interests with those of securityholders.

The most recent analyst rating on (AU:SGP) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Stockland stock, see the AU:SGP Stock Forecast page.

Stockland Announces Change of Registry Address for Computershare Investor Services

Stockland has announced a change in the registry address for Computershare Investor Services Pty Limited, effective from June 10, 2025. The new location is at Level 4, 44 Martin Place, Sydney, NSW 2000. This change requires all documentation lodgements by member organizations, security holders, and other parties to be made at the new address. This update is part of Stockland’s ongoing efforts to streamline operations and maintain effective stakeholder engagement.

The most recent analyst rating on (AU:SGP) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Stockland stock, see the AU:SGP Stock Forecast page.

State Street Alters Substantial Holding in Stockland

State Street Global Advisors, a prominent investment management firm, has reported a change in its substantial holding in Stockland Corporation Ltd. The announcement details various changes in voting power and relevant interests held by State Street and its subsidiaries, indicating a shift in their investment strategy. This change could impact Stockland’s shareholder dynamics and influence its market positioning.

The most recent analyst rating on (AU:SGP) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Stockland stock, see the AU:SGP Stock Forecast page.

Stockland Announces CFO Transition with New Appointment

Stockland has announced that its Chief Financial Officer, Ms. Alison Harrop, will step down in early August 2025, with Mr. Josh McHutchison set to take over the role. Mr. McHutchison brings over 30 years of experience in the property and finance sectors, having held significant roles at Sydney Airport, Lendlease, and Macquarie Infrastructure. This leadership change is expected to facilitate a smooth transition and potentially strengthen Stockland’s financial management and strategic positioning.

Stockland Announces Cessation of Performance Rights

Stockland has announced the cessation of 22,690 performance rights due to unmet conditions, effective March 31, 2025. This development may impact the company’s capital structure and could have implications for stakeholders, signaling potential adjustments in Stockland’s operational strategies or performance metrics.

Stockland Issues Performance Rights to Boost Employee Incentives

Stockland has announced the issuance of 136,668 performance rights as part of an employee incentive scheme, which are not intended to be quoted on the ASX. This move reflects Stockland’s ongoing efforts to incentivize and retain talent, potentially impacting its operational efficiency and competitive positioning in the real estate market.

Stockland to Lead Major Urban Renewal Project in Waterloo

Stockland, in partnership with Link Wentworth, City West Housing, and Birribee Housing, has finalized agreements for the Waterloo Renewal Project with Homes NSW. This significant urban renewal initiative will create a sustainable mixed tenure community of over 3000 apartments, with half dedicated to social and affordable housing. The project, set to begin in 2027 pending approvals, underscores Stockland’s commitment to developing vibrant, inclusive communities and enhancing its position in the property development sector.