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Scentre Group STGPF

Morningstar Rating
$2.15 −0.05 (2.05%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

STGPF is trading at a 14% discount.
Price
$2.16
Fair Value
$5.68
Uncertainty
Medium
1-Star Price
$5.99
5-Star Price
$2.99
Economic Moat
Yvyy
Capital Allocation
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News

Trading Information

Previous Close Price
$2.20
Day Range
$2.152.15
52-Week Range
$1.522.20
Bid/Ask
$1.91 / $2.18
Market Cap
$11.17 Bil
Volume/Avg
15,108 / 7,394

Key Statistics

Price/Earnings (Normalized)
14.98
Price/Sales
6.72
Dividend Yield (Trailing)
5.01%
Dividend Yield (Forward)
5.01%
Total Yield
5.01%

Company Profile

Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning most of the top 10 Australian and top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. About a third of floor space is currently allocated to department stores, however we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. While almost every Scentre mall is anchored by at least one supermarket, these tenants accounts for less than 10% of gross lettable area, due to the large size of Scentre’s assets.
Sector
Real Estate
Industry
REIT - Retail
Stock Style Box
Large Value
Total Number of Employees
3,129

Competitors

Valuation

Metric
STGPF
SPG
CQR
Price/Earnings (Normalized)
14.9824.6031.49
Price/Book Value
0.9215.720.75
Price/Sales
6.728.309.17
Price/Cash Flow
15.7512.7912.85
Price/Earnings
STGPF
SPG
CQR

Financial Strength

Metric
STGPF
SPG
CQR
Quick Ratio
0.131.040.29
Current Ratio
0.281.042.59
Interest Coverage
0.244.16−2.73
Quick Ratio
STGPF
SPG
CQR

Profitability

Metric
STGPF
SPG
CQR
Return on Assets (Normalized)
0.48%6.78%3.95%
Return on Equity (Normalized)
0.96%76.35%5.86%
Return on Invested Capital (Normalized)
0.41%10.48%4.04%
Return on Assets
STGPF
SPG
CQR
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REIT - Retail Industry Comparables

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Capital Allocation
Economic Moat
Market Cap
SPG
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O
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KIM
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UNBLF
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UNIRF
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REG
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LKREF
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FRT
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MAC
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