Abacus Property Group is a reit—diversified business based in Australia. Abacus Property shares (ABP) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Abacus Property has a trailing 12-month revenue of around $284.3 million.
How to buy shares in Abacus Property
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- 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.
- 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. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $N/A, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Abacus Property. Optimise your portfolio by tracking how your stock — and even 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 can affect your stock.
What's in this guide?
- Abacus Property key stats
- Compare share trading platforms
- Is Abacus Property stock a buy or sell?
- Abacus Property performance over time
- Are Abacus Property shares over-valued?
- Abacus Property's financials
- How volatile are Abacus Property shares?
- Does Abacus Property pay a dividend?
- Have Abacus Property shares ever split?
- Other common questions
Abacus Property share priceUse our graph to track the performance of ABP stocks over time.
Abacus Property shares at a glance
|52-week range||AUDA$1.955 - AUDA$4.08|
|50-day moving average||AUDA$2.7333|
|200-day moving average||AUDA$2.6342|
|Dividend yield||AUDA$0.18 (6.31%)|
|Earnings per share (TTM)||AUDA$0.132|
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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. This is not a recommendation, however. 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.
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 21x. In other words, Abacus Property shares trade at around 21x 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 $177.1 million.
The EBITDA is a measure of a Abacus Property's overall financial performance and is widely used to measure a its profitability.
Abacus Property financials
|Revenue TTM||$284.3 million|
|Operating margin TTM||61.56%|
|Gross profit TTM||$239.6 million|
|Return on assets TTM||3.55%|
|Return on equity TTM||4.08%|
|Market capitalisation||$2 billion|
TTM: trailing 12 months
Abacus Property share dividends
Dividend payout ratio: 140.36% of net profits
Recently Abacus Property has paid out, on average, around 140.36% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.31% 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 6.31% return on their shares, in the form of dividend payments. In Abacus Property's case, that would currently equate to about A$0.18 per share.
Abacus Property's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 28 June 2020 (the "ex-dividend date").
Have Abacus Property's shares ever split?
Abacus Property's shares were split on a 1:5 basis on 15 November 2010. So if you had owned 5 shares the day before before the split, the next day you'd have owned 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 $1.955 up to $4.08. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Abacus Property's is 0.8175. 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 Office 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. Located in a single corporate office in Sydney, Australia, Abacus is listed on the Australian Stock Exchange and is included in the S&P/ASX 200 index. 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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