How to buy Scentre Group shares | A$2.23

Scentre Group is a reit—retail business based in Australia. Scentre Group shares (SCG) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $2.23 – an increase of 0.9% over the previous week. Scentre Group has a trailing 12-month revenue of around $2.4 billion.

How to buy shares in Scentre Group

1. 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.
2. 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.
3. Search for Scentre Group. Find the share by name or ticker symbol: SCG. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Scentre Group reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $2.23, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Scentre Group. 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.

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For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Scentre Group's share price?

Since the stock market crash in March caused by coronavirus, Scentre Group's share price has had significant negative movement.

Its last market close was $2.23, which is 40.53% down on its pre-crash value of $3.75 and 65.19% up on the lowest point reached during the March crash when the shares fell as low as $1.35.

If you had bought $1,000 worth of Scentre Group shares at the start of February 2020, those shares would have been worth $390.34 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $582.25.

Scentre Group share price

Use our graph to track the performance of SCG stocks over time.

Scentre Group shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$2.23
52-week range	AUDA$1.35 - AUDA$4.085
50-day moving average	AUDA$2.2364
200-day moving average	AUDA$2.1758
Target price	AUDA$4.4
PE ratio	9.4017
Dividend yield	AUDA$0.23 (9.78%)
Earnings per share (TTM)	AUDA$0.222

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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.

Is it a good time to buy Scentre Group 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.

Technical Analysis of Scentre Group by TradingView

Scentre Group price performance over time

Historical closes compared with the close of A$2.23 on 2020-10-22

1 week (2020-10-20)	0%
1 month (2020-09-25)	1.36%
3 months (2020-07-27)	4.21%
6 months (2020-04-27)	6.70%

1 year (2019-10-25)	-42.82%
2 years (2018-10-26)	-42.82%
3 years (2017-10-27)	-44.67%
5 years (2015-10-27)	-46.39%

Is Scentre Group under- or over-valued?

Valuing Scentre Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Scentre Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Scentre Group's P/E ratio

Scentre Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Scentre Group shares trade at around 9x 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.

Scentre Group financials

Revenue TTM	$2.4 billion
Operating margin TTM	66.81%
Gross profit TTM	$1.8 billion
Return on assets TTM	2.61%
Return on equity TTM	-14.9%
Profit margin	-131.82%
Book value	3.658
Market capitalisation	$11.6 billion

TTM: trailing 12 months

Scentre Group's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Scentre Group.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Scentre Group's total ESG risk score

Total ESG risk: 10.32

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Scentre Group's overall score of 10.32 (as at 09/30/2020) is excellent – landing it in it in the 4th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Scentre Group is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Scentre Group's environmental score

Environmental score: 2.72/100

Scentre Group's environmental score of 2.72 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Scentre Group is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Scentre Group's social score

Social score: 2.77/100

Scentre Group's social score of 2.77 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Scentre Group is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Scentre Group's governance score

Governance score: 5.34/100

Scentre Group's governance score puts it squarely in the 3rd percentile of companies rated in the same sector. That could suggest that Scentre Group is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Scentre Group's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Scentre Group scored a 1 out of 5 for controversy – the highest score possible, reflecting that Scentre Group has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Scentre Group was last rated for ESG on: 2020-10-01.

Total ESG score	10.32
Total ESG percentile	3.72
Environmental score	2.72
Environmental score percentile	3
Social score	2.77
Social score percentile	3
Governance score	5.34
Governance score percentile	3
Level of controversy	1

Scentre Group share dividends

We're not expecting Scentre Group to pay a dividend over the next 12 months.

Scentre Group share price volatility

Over the last 12 months, Scentre Group's shares have ranged in value from as little as $1.35 up to $4.085. 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 Scentre Group's is 1.3122. This would suggest that Scentre Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Scentre Group overview

Scentre Group (ASX Code: SCG) is the owner and operator of Westfield in Australia and New Zealand with interests in 42 Westfield Living Centres, encompassing approximately 12,000 outlets.

Frequently asked questions

• What percentage of Scentre Group is owned by insiders or institutions?

  Currently 0.349% of Scentre Group shares are held by insiders and 55.929% by institutions.

• When does the fiscal year end for Scentre Group?

  Scentre Group's fiscal year ends in December.

• Where is Scentre Group based?

  Scentre Group's address is: 85 Castlereagh Street, Sydney, NSW, Australia, 2000

• What is Scentre Group's ISIN number?

  Scentre Group's international securities identification number is: AU000000SCG8