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Abacus Property is a residential & commercial reits business based in Australia. Abacus Property shares (ABP) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Abacus Property has a trailing 12-month revenue of around $333.6 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Abacus Property
To buy shares listed in Australia such as Abacus Property, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
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Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
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Search for Abacus Property. Find the share by name or ticker symbol: ABP. Research its history to confirm it's a solid investment against your financial goals.
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Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Abacus Property reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
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Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
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Check on your investment. Congratulations, you own a part of Abacus Property. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
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Abacus Property stock price (ASX:ABP)
Use our graph to track the performance of ABP stocks over time.Abacus Property shares at a glance
Information last updated 2023-10-10.
| 52-week range | $1.015 - $2.73 |
|---|---|
| 50-day moving average | $2.0247 |
| 200-day moving average | $2.5276 |
| Target price | $2.62 |
| PE ratio | 3.6364 |
| Dividend yield | $0.182 (15.17%) |
| Earnings per share (TTM) | $0.33 |
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Abacus Property stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Abacus Property price performance over time
Historical closes compared with the last close of A$1.06
| 1 year (2023-04-26) | -60.15% |
|---|---|
| 2 years (2022-04-26) | -67.68% |
| 3 years (2021-04-26) | -63.95% |
| 5 years (2019-04-26) | -71.94% |
Is Abacus Property under- or over-valued?
Valuing Abacus Property stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Abacus Property's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Abacus Property's P/E ratio
Abacus Property's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Abacus Property shares trade at around 4x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Abacus Property's EBITDA
Abacus Property's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $172.7 million (£0.0 million).
The EBITDA is a measure of a Abacus Property's overall financial performance and is widely used to measure stock profitability.
Abacus Property financials
| Revenue TTM | $333.6 million |
|---|---|
| Operating margin TTM | 50.45% |
| Gross profit TTM | $239.6 million |
| Return on assets TTM | 1.97% |
| Return on equity TTM | 8.57% |
| Profit margin | 85.98% |
| Book value | 3.93 |
| Market capitalisation | $1.1 billion |
TTM: trailing 12 months
Abacus Property share dividends
Dividend payout ratio: 2.04% of net profits
Recently Abacus Property has paid out, on average, around 2.04% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 13.77% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Abacus Property shareholders could enjoy a 13.77% return on their shares, in the form of dividend payments. In Abacus Property's case, that would currently equate to about A$0.182 per share.
While Abacus Property's payout ratio might seem low, this can signify that Abacus Property is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 29 June 2023 (the "ex-dividend date").
Have Abacus Property's shares ever split?
Abacus Property's shares were split on a 1:5 basis on 14 November 2010. So if you had owned 5 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Abacus Property shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Abacus Property shares which in turn could have impacted Abacus Property's share price.
Abacus Property share price volatility
Over the last 12 months, Abacus Property's shares have ranged in value from as little as $1.015 up to $2.73. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Abacus Property's is 0.9072. This would suggest that Abacus Property's shares are less volatile than average (for this exchange).
Abacus Property overview
Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Commercial property and Self Storage sectors. We invest capital in real estate opportunities to deliver superior long term returns and maximise securityholder value. Abacus is a strong asset backed, annuity style business model where capital is directed towards assets that provide potential for enhanced income growth and ultimately create value. Our people, market insight and repositioning capability together with strategic partnering are the key enablers of our strategy. Abacus is listed on the Australian Stock Exchange and is included in the S&P/ASX 200 Index and the FTSE EPRA NAREIT Global Real Estate Index Series. Abacus is comprised of Abacus Group Holdings Limited (the nominated parent entity), Abacus Group Projects Limited and Abacus Storage Operations Limited, Abacus Trust, Abacus Income Trust and Abacus Storage Property Trust. The shares and units in these entities are stapled together and trade as one security in ABP.
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Abacus Property in the news
How Much Of Abacus Property Group (ASX:ABP) Do Institutions Own?
Abacus Property Group's (ASX:ABP) recent AU$133m market cap decline means a loss of AU$27k for insiders who bought this year
What Kind Of Shareholders Own Abacus Property Group (ASX:ABP)?
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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