REGION GROUP (RGN)
Share Price Analysis and Chart

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RGN - REGION GROUP

FNArena Sector : REITs
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 8.42
Index: ASX100 | ASX300 | ALL-ORDS

Region Group changed its name in late November 2022 from SCA Property Group, which was previously spun-off from Woolworths.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.06

22 Sep
2023

-0.010

OPEN

$2.04

-0.48%

HIGH

$2.08

3,076,574

LOW

$2.04

TARGET
$2.504 21.6% 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 . SCG . TGP . URW . VCX . WOT . WPR .
FNARENA'S MARKET CONSENSUS FORECASTS
RGN: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 10.9 15.7 xxx
DPS (cps) xxx 15.2 14.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx 0.0% - 8.0% xxx
PE Ratio xxx N/A 13.1 xxx
Dividend Yield xxx N/A 6.8% xxx
Div Pay Ratio(%) xxx N/A 89.0% xxx

Dividend yield today if purchased 3 years ago: 6.85%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 7.38

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: 29/06 - ex-div 7.7c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-10.9
DPS All xxxxxxxxxxxxxxx15.2
Sales/Revenue xxxxxxxxxxxxxxx352.4 M
Book Value Per Share xxxxxxxxxxxxxxx254.9
Net Operating Cash Flow xxxxxxxxxxxxxxx176.8 M
Net Profit Margin xxxxxxxxxxxxxxx-35.07 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-4.08 %
Return on Invested Capital xxxxxxxxxxxxxxx-2.82 %
Return on Assets xxxxxxxxxxxxxxx-2.65 %
Return on Equity xxxxxxxxxxxxxxx-4.08 %
Return on Total Capital xxxxxxxxxxxxxxx4.06 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx2.5 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 xxxxxxxxxxxxxxx225 M
Long Term Debt xxxxxxxxxxxxxxx1,310 M
Total Debt xxxxxxxxxxxxxxx1,535 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx24 M
Price To Book Value xxxxxxxxxxxxxxx0.89

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx-
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx125 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx45 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx4,504 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

0.2

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Macquarie

16/08/2023

3

Neutral

$2.28

10.68%

Region Group's FY23 funds from operations were broadly in line with Macquarie's forecast and guidance. FY24 guidance was -4% below the broker's prior forecast, given rising property expenses.

While the broker is cautious on the outlook for retail spend, it remains attracted to the tenant base of given significant exposures to the big two supermarkets (40%) and non-discretionary speciality tenants (36%).

A soft earnings outlook nonetheless limits total returns. Neutral retained, target falls to $2.28 from $2.30.

FORECAST
Macquarie forecasts a full year FY24 dividend of 13.80 cents and EPS of 15.80 cents.
Macquarie forecasts a full year FY25 dividend of 13.60 cents and EPS of 15.60 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
Access Stockbroker Research History >

RGN STOCK CHART

FNArena News on RGN

1
ESG Focus: Reporting Season A Cracker For ESG

Sep 14 2023 - ESG Focus
2
Australian Broker Call *Extra* Edition – Aug 21, 2023

Aug 21 2023 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Aug 17, 2023

Aug 17 2023 - Daily Market Reports
4
FNArena Corporate Results Monitor – 16-08-2023

Aug 16 2023 - Australia
5
Rudi’s View: Awaiting The August Verdict

Aug 02 2023 - Rudi's View

Latest REITs News

1
Australian Listed Real Estate Tables – 18-09-2023

Sep 18 2023 - Weekly Reports
2
Australian Listed Real Estate Tables – 11-09-2023

Sep 11 2023 - Weekly Reports
3
Australian Listed Real Estate Tables – 04-09-2023

Sep 04 2023 - Weekly Reports
4
Australian Listed Real Estate Tables – 28-08-2023

Aug 28 2023 - Weekly Reports
5
Australian Listed Real Estate Tables – 22-08-2023

Aug 22 2023 - Weekly Reports
6
Australian Listed Real Estate Tables – 14-08-2023

Aug 14 2023 - Weekly Reports
7
Australian Listed Real Estate Tables – 07-08-2023

Aug 07 2023 - Weekly Reports
8
Australian Listed Real Estate Tables – 31-07-2023

Jul 31 2023 - Weekly Reports
9
Australian Listed Real Estate Tables – 24-07-2023

Jul 24 2023 - Weekly Reports
10
Australian Listed Real Estate Tables – 17-07-2023

Jul 17 2023 - Weekly Reports