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: 7.9
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

$2.53

05 Jun
2023

0.020

OPEN

$2.55

0.80%

HIGH

$2.55

954,110

LOW

$2.53

TARGET
$2.692 6.4% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ABP . AOF . ARF . 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 FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx 44.0 16.4 xxx
DPS (cps) xxx 15.2 15.2 xxx
EPS Growth xxx 2.3% - 62.7% xxx
DPS Growth xxx 22.6% - 0.2% xxx
PE Ratio xxx N/A 15.4 xxx
Dividend Yield xxx N/A 6.0% xxx
Div Pay Ratio(%) xxx 34.6% 92.6% xxx

Dividend yield today if purchased 3 years ago: 6.58%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 6.06

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
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx44.0
DPS All xxxxxxxxxxxxxxx15.2
Sales/Revenue xxxxxxxxxxxxxxx311.8 M
Book Value Per Share xxxxxxxxxxxxxxx280.7
Net Operating Cash Flow xxxxxxxxxxxxxxx179.4 M
Net Profit Margin xxxxxxxxxxxxxxx156.22 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx16.63 %
Return on Invested Capital xxxxxxxxxxxxxxx11.35 %
Return on Assets xxxxxxxxxxxxxxx10.94 %
Return on Equity xxxxxxxxxxxxxxx16.63 %
Return on Total Capital xxxxxxxxxxxxxxx4.08 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx27.1 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 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx-
Long Term Debt xxxxxxxxxxxxxxx1,384 M
Total Debt xxxxxxxxxxxxxxx1,384 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx9 M
Price To Book Value xxxxxxxxxxxxxxx0.98

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx-
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx117 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx19 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx4,598 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

Morgan Stanley

xx/xx/xxxx

3

xxxxxxxxx xx xxxxx-xxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

06/03/2023

3

Upgrade to Neutral from Underperform

$2.52

-0.40%

Highlighting that Region Group has underperformed the ASX200 A-REIT index by -6% since releasing its first half result, Macquarie notes it remains cautious on the company's earnings trajectory, particularly heading into FY24. 

The broker does remain positive on the company's defensive topline, with Region Group's tenant base performing strongly in the first half and leasing spreads improving to 4.4% from 3.3% partially as a result of the company delaying lease negotiations during covid-impacted periods. 

The rating is upgraded to Neutral from Underperform and the target price of $2.52 is retained.

FORECAST
Macquarie forecasts a full year FY23 dividend of 15.20 cents and EPS of 14.70 cents.
Macquarie forecasts a full year FY24 dividend of 14.50 cents and EPS of 14.20 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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Access Stockbroker Research History >

RGN STOCK CHART

FNArena News on RGN

1
May In Review: Banks and Resources Weigh

Jun 05 2023 - Australia
2
Weekly Ratings, Targets, Forecast Changes – 19-05-23

May 22 2023 - Weekly Reports
3
April In Review: Rate Rise Pause Buoys Equities

May 04 2023 - Australia
4
ESG Focus: Tough Season But Winners Grin

Mar 24 2023 - ESG Focus
5
Australian Broker Call *Extra* Edition – Mar 16, 2023

Mar 16 2023 - Daily Market Reports

Latest REITs News

1
Australian Listed Real Estate Tables – 05-06-2023

Jun 05 2023 - Weekly Reports
2
Australian Listed Real Estate Tables – 29-05-2023

May 29 2023 - Weekly Reports
3
Australian Listed Real Estate Tables – 22-05-2023

May 22 2023 - Weekly Reports
4
Australian Listed Real Estate Tables – 15-05-2023

May 15 2023 - Weekly Reports
5
Australian Listed Real Estate Tables – 08-05-2023

May 08 2023 - Weekly Reports
6
Australian Listed Real Estate Tables – 01-05-2023

May 01 2023 - Weekly Reports
7
Australian Listed Real Estate Tables – 17-04-2023

Apr 17 2023 - Weekly Reports
8
Australian Listed Real Estate Tables – 03-04-2023

Apr 03 2023 - Weekly Reports
9
Australian Listed Real Estate Tables – 27-03-2023

Mar 27 2023 - Weekly Reports
10
Australian Listed Real Estate Tables – 20-03-2023

Mar 20 2023 - Weekly Reports