SCENTRE GROUP |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.1 AUD | -1.90% |
|
-1.59% | +3.68% |
| 04-04 | Scentre Group Provides Distributions Guidance for the Year 2024 | CI |
| 04-04 | Transcript : Scentre Group - Shareholder/Analyst Call |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 20,027 | 14,405 | 16,382 | 14,930 | 15,501 | 16,085 | - | - |
| Enterprise Value (EV) 1 | 34,282 | 30,316 | 31,059 | 29,716 | 30,292 | 31,208 | 31,296 | 31,017 |
| P/E ratio | 17.2 x | -3.87 x | 18.5 x | 49.8 x | 89 x | 14.4 x | 13.7 x | 12.8 x |
| Yield | 5.9% | 2.52% | 4.51% | 5.47% | 5.55% | 5.52% | 5.82% | 6.08% |
| Capitalization / Revenue | 7.07 x | 6.66 x | 7.18 x | 6.07 x | 6.17 x | 7.75 x | 7.28 x | 7.13 x |
| EV / Revenue | 12.1 x | 14 x | 13.6 x | 12.1 x | 12.1 x | 15 x | 14.2 x | 13.7 x |
| EV / EBITDA | 17.4 x | 17.6 x | 20.2 x | 17 x | - | 15.7 x | 15 x | 14.4 x |
| EV / FCF | 48.7 x | 78 x | 53 x | 46.2 x | 48.5 x | 33.1 x | 31.1 x | 34.2 x |
| FCF Yield | 2.05% | 1.28% | 1.89% | 2.16% | 2.06% | 3.02% | 3.22% | 2.92% |
| Price to Book | 0.87 x | 0.77 x | 0.86 x | 0.81 x | 0.87 x | 0.86 x | 0.82 x | 0.78 x |
| Nbr of stocks (in thousands) | 5,228,898 | 5,181,712 | 5,184,178 | 5,184,178 | 5,184,178 | 5,188,863 | - | - |
| Reference price 2 | 3.830 | 2.780 | 3.160 | 2.880 | 2.990 | 3.100 | 3.100 | 3.100 |
| Announcement Date | 20-02-17 | 21-02-23 | 22-02-22 | 23-02-21 | 24-02-20 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,834 | 2,162 | 2,281 | 2,458 | 2,510 | 2,075 | 2,211 | 2,257 |
| EBITDA 1 | 1,967 | 1,722 | 1,537 | 1,752 | - | 1,991 | 2,080 | 2,159 |
| EBIT 1 | 1,967 | 1,722 | 1,537 | 1,752 | 1,910 | 2,005 | 2,094 | 2,184 |
| Operating Margin | 69.41% | 79.62% | 67.38% | 71.29% | 76.07% | 96.64% | 94.73% | 96.75% |
| Earnings before Tax (EBT) 1 | 1,244 | -3,746 | 937.2 | 346.2 | 186 | 1,151 | 1,214 | 1,287 |
| Net income 1 | 1,180 | -3,732 | 887.9 | 300.6 | 174.9 | 1,105 | 1,165 | 1,238 |
| Net margin | 41.62% | -172.58% | 38.93% | 12.23% | 6.97% | 53.24% | 52.69% | 54.86% |
| EPS 2 | 0.2223 | -0.7192 | 0.1707 | 0.0578 | 0.0336 | 0.2146 | 0.2265 | 0.2427 |
| Free Cash Flow 1 | 704.5 | 388.6 | 586.2 | 643.2 | 624.1 | 943 | 1,007 | 906 |
| FCF margin | 24.86% | 17.97% | 25.7% | 26.17% | 24.86% | 45.45% | 45.57% | 40.14% |
| FCF Conversion (EBITDA) | 35.82% | 22.57% | 38.14% | 36.71% | - | 47.37% | 48.44% | 41.96% |
| FCF Conversion (Net income) | 59.73% | - | 66.02% | 213.97% | 356.83% | 85.37% | 86.48% | 73.16% |
| Dividend per Share 2 | 0.2260 | 0.0700 | 0.1425 | 0.1575 | 0.1660 | 0.1711 | 0.1805 | 0.1885 |
| Announcement Date | 20-02-17 | 21-02-23 | 22-02-22 | 23-02-21 | 24-02-20 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 1,426 | 1,094 | 1,068 | 1,081 | 1,199 | 1,176 | - | 1,250 | 1,260 | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | 869.5 | 852.1 | 815.9 | 720.9 | 864.9 | - | 951.5 | - | - | - | - |
| Operating Margin | - | 79.47% | 79.77% | 75.45% | 60.11% | 73.53% | - | 76.1% | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | - | - | - | - | - | - | - | - | - | 534 | 557 | 587 |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS 2 | - | - | - | - | - | - | - | - | - | 0.1000 | 0.1100 | 0.1100 |
| Dividend per Share 2 | 0.1130 | - | 0.0700 | 0.0700 | 0.0725 | 0.0750 | 0.0825 | 0.0825 | 0.0835 | 0.0900 | 0.0900 | 0.0900 |
| Announcement Date | 20-02-17 | 20-08-24 | 21-02-23 | 21-08-23 | 22-02-22 | 22-08-22 | 23-02-21 | 23-08-21 | 24-02-20 | - | - | - |
1AUD in Million2AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 14,256 | 15,910 | 14,677 | 14,785 | 14,791 | 15,123 | 15,210 | 14,932 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 7.247 x | 9.242 x | 9.55 x | 8.438 x | - | 7.597 x | 7.313 x | 6.915 x |
| Free Cash Flow 1 | 705 | 389 | 586 | 643 | 624 | 943 | 1,007 | 906 |
| ROE (net income / shareholders' equity) | 5.02% | 5.05% | 4.49% | 5.46% | 5.94% | 6.13% | 6.12% | 6.21% |
| ROA (Net income/ Total Assets) | 2.92% | 2.73% | 2.27% | 2.78% | 2.97% | 3.04% | 3.14% | 3.35% |
| Assets 1 | 40,379 | -136,496 | 39,080 | 10,794 | 5,886 | 36,336 | 37,101 | 36,966 |
| Book Value Per Share 2 | 4.410 | 3.630 | 3.660 | 3.570 | 3.440 | 3.610 | 3.800 | 4.000 |
| Cash Flow per Share 2 | - | 0.1300 | 0.1700 | 0.2200 | 0.2100 | 0.2100 | 0.2200 | 0.2400 |
| Capex 1 | 596 | 296 | 301 | 439 | 447 | 447 | 360 | 398 |
| Capex / Sales | 21.03% | 13.69% | 13.2% | 17.87% | 17.79% | 21.55% | 16.27% | 17.63% |
| Announcement Date | 20-02-17 | 21-02-23 | 22-02-22 | 23-02-21 | 24-02-20 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
3.1
AUD
Average target price
3.304
AUD
Spread / Average Target
+6.57%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +3.68% | 10.49B | |
| +37.76% | 6.62B | |
| +21.03% | 3.18B | |
| +12.20% | 2.89B | |
| +1.58% | 2.6B | |
| -15.55% | 2.73B | |
| -7.58% | 2.62B | |
| -19.21% | 2.31B | |
| -18.25% | 2.17B | |
| -3.65% | 2.01B |
- Stock Market
- Equities
- SCG Stock
- Financials Scentre Group
