SCENTRE GROUP (SCG)
Share Price Analysis and Chart

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SCG - SCENTRE GROUP

FNArena Sector : REITs
Year End: December
GICS Industry Group : Real Estate
Debt/EBITDA: N/A
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Scentre Group was formed in 2014 through the merger of Westfield Retail Trust and Westfield Group's Australian and New Zealand management business. The company owns, manages and develops Westfield shopping centres in Australia and New Zealand.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.12

14 May
2024

-0.030

OPEN

$3.14

-0.95%

HIGH

$3.15

7,790,901

LOW

$3.10

TARGET
$3.28 5.1% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ABG . AOF . ARF . ASK . BWP . CDP . CDP . CHC . CIP . CLW . COF . CQE . CQR . DXC . DXI . DXS . ECF . GDF . GDI . HCW . HDN . NPR . NSR . PLG . REP . RFF . RGN . TGP . URW . VCX . WOT . WPR .
FNARENA'S MARKET CONSENSUS FORECASTS
SCG: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx N/A 21.6 xxx
DPS (cps) xxx N/A 17.2 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 14.7 xxx
Dividend Yield xxx N/A 5.4% xxx
Div Pay Ratio(%) xxx N/A 79.3% xxx

Dividend yield today if purchased 3 years ago: 6.19%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.24

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 15/02 - ex-div 8.35c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx3.4
DPS All xxxxxxxxxxxxxxx16.6
Sales/Revenue xxxxxxxxxxxxxxx2,510.3 M
Book Value Per Share xxxxxxxxxxxxxxx344.1
Net Operating Cash Flow xxxxxxxxxxxxxxx1,034.8 M
Net Profit Margin xxxxxxxxxxxxxxx6.97 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx0.96 %
Return on Invested Capital xxxxxxxxxxxxxxx0.55 %
Return on Assets xxxxxxxxxxxxxxx0.48 %
Return on Equity xxxxxxxxxxxxxxx0.96 %
Return on Total Capital xxxxxxxxxxxxxxx4.69 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx149.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx1,845 M
Long Term Debt xxxxxxxxxxxxxxx13,866 M
Total Debt xxxxxxxxxxxxxxx15,711 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx296 M
Price To Book Value xxxxxxxxxxxxxxx0.87

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx29.5 M
Capex % of Sales xxxxxxxxxxxxxxx1.18 %
Cost of Goods Sold xxxxxxxxxxxxxxx755 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx152 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx32,117 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

26/02/2024

2

Accumulate

$3.50

12.18%

The 2023 results from Scentre Group were ahead of Ord Minnett's forecasts. While the risks include a possible recession, slowing retail and higher-for-longer interest rates, the broker notes this is balanced by strong population growth, looming tax cuts and the fact the company leases to a strong list of tenants.

The latter appears likely to carry the business through any rough patch and the broker also believes the business has numerous capital management levers it can use to restructure its balance sheet. Accumulate maintained. Target is $3.50.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 17.20 cents and EPS of 20.80 cents.
Ord Minnett forecasts a full year FY25 dividend of 17.50 cents and EPS of 21.80 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx xx xxxxxxx xxxx xxxxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

SCG STOCK CHART

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Latest REITs News

1
Australian Listed Real Estate Tables – 13-05-2024

May 13 2024 - Weekly Reports
2
Australian Listed Real Estate Tables – 06-05-2024

May 06 2024 - Weekly Reports
3
Australian Listed Real Estate Tables – 29-04-2024

Apr 29 2024 - Weekly Reports
4
Australian Listed Real Estate Tables – 22-04-2024

Apr 22 2024 - Weekly Reports
5
Australian Listed Real Estate Tables – 15-04-2024

Apr 15 2024 - Weekly Reports
6
Australian Listed Real Estate Tables – 08-04-2024

Apr 08 2024 - Weekly Reports
7
Australian Listed Real Estate Tables – 02-04-2024

Apr 02 2024 - Weekly Reports
8
Weekly Update On LICs & LITs – 26 March 2024

Mar 26 2024 - Weekly Reports
9
Australian Listed Real Estate Tables – 25-03-2024

Mar 25 2024 - Weekly Reports
10
Australian Listed Real Estate Tables – 19-03-2024

Mar 19 2024 - Weekly Reports