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Stockland Corp Ltd STKAF

Morningstar Rating
$3.20 +0.25 (8.47%)
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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

STKAF is trading at a 612% premium.
Price
$3.19
Fair Value
$6.88
Uncertainty
Medium
1-Star Price
$5.18
5-Star Price
$6.55
Economic Moat
Vdz
Capital Allocation
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News

Trading Information

Previous Close Price
$2.95
Day Range
$3.053.20
52-Week Range
$2.143.30
Bid/Ask
$2.60 / $3.25
Market Cap
$7.64 Bil
Volume/Avg
345 / 12,243

Key Statistics

Price/Earnings (Normalized)
22.19
Price/Sales
4.51
Dividend Yield (Trailing)
5.02%
Dividend Yield (Forward)
6.78%
Total Yield
5.24%

Company Profile

Stockland is Australia’s largest housing developer, and this division generates about a third of the group’s funds-from-operations. Near two thirds comes from commercial property, about half of which is retail. It also has a growing land-lease business. The mix is evolving. Earnings from the residential development division are volatile though we expect volumes and margins to improve over the next five years, after a challenging 2023 where interest rate rises caused house price falls. In commercial property the group is trimming retail and adding office and industrial via acquisitions and developments. Stockland-stapled securities comprise one share in the corporation that largely operates developments and one unit in a trust that holds the property portfolio.
Sector
Real Estate
Industry
REIT - Diversified
Stock Style Box
Mid Value
Total Number of Employees
1,013

Competitors

Valuation

Metric
STKAF
GPT
MGR
Price/Earnings (Normalized)
22.19120.7734.75
Price/Book Value
1.110.790.80
Price/Sales
4.519.413.58
Price/Cash Flow
81.1814.4548.31
Price/Earnings
STKAF
GPT
MGR

Financial Strength

Metric
STKAF
GPT
MGR
Quick Ratio
0.600.200.36
Current Ratio
1.760.742.20
Interest Coverage
1.35−0.19−3.87
Quick Ratio
STKAF
GPT
MGR

Profitability

Metric
STKAF
GPT
MGR
Return on Assets (Normalized)
1.91%0.20%1.41%
Return on Equity (Normalized)
3.19%0.31%2.24%
Return on Invested Capital (Normalized)
1.43%1.05%1.05%
Return on Assets
STKAF
GPT
MGR
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REIT - Diversified Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
VICI Properties Inc Ordinary Shares
VICI
Cxy$32.2 Bil
W.P. Carey Inc
WPC
Nggy$13.3 Bil
Land Securities Group PLC ADR
LDSCY
Zgb$6.0 Bil
Land Securities Group PLC
LSGOF
Zhsq$6.0 Bil
UNITE Group PLC
UTGPF
Hhmk$5.9 Bil
Covivio SA ADR
FNCDY
Cfjd$5.6 Bil
Covivio SA
GSEFF
Bqm$5.6 Bil
GPT Group
GPTGF
Ycv$5.5 Bil
Empire State Realty Trust Inc Class A
ESRT
MhbgwmqcHhzf$1.8 Bil

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