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How to buy Shopping Centres Australasia Property Group shares | A$2.23

Own Shopping Centres Australasia Property Group shares in just a few minutes.

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Shopping Centres Australasia Property Group is a reit—retail business based in Australia. Shopping Centres Australasia Property Group shares (SCP) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $2.23 – a decrease of 0.89% over the previous week. Shopping Centres Australasia Property Group has a trailing 12-month revenue of around $292.4 million.

How to buy shares in Shopping Centres Australasia Property 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 Shopping Centres Australasia Property Group. Find the share by name or ticker symbol: SCP. 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 Shopping Centres Australasia Property 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 Shopping Centres Australasia Property 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 Shopping Centres Australasia Property Group's share price?

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

Its last market close was $2.23, which is 28.75% down on its pre-crash value of $3.13 and 12.91% up on the lowest point reached during the March crash when the shares fell as low as $1.975.

If you had bought $1,000 worth of Shopping Centres Australasia Property Group shares at the start of February 2020, those shares would have been worth $723.78 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 $779.72.

Shopping Centres Australasia Property Group share price

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

Shopping Centres Australasia Property Group shares at a glance

Information last updated 2020-10-20.
Latest market closeAUDA$2.23
52-week rangeAUDA$1.975 - AUDA$3.185
50-day moving average AUDA$2.2236
200-day moving average AUDA$2.2285
Target priceAUDA$2.38
PE ratio 25.618
Dividend yield AUDA$0.12 (5.63%)
Earnings per share (TTM) AUDA$0.089

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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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
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AUD 8 or 0.1%
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ASX shares, Global shares, Forex, CFDs, Margin trading
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Superhero share trading
AUD 5
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ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
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$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
SelfWealth Share Trading (Basic account)
AUD 9.5
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Trade ASX-listed shares for a flat fee of $9.50, regardless of the trade size.
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ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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Is it a good time to buy Shopping Centres Australasia Property 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.

Shopping Centres Australasia Property Group price performance over time

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

1 week (2020-10-20) 0.90%
1 month (2020-09-28) -0.89%
3 months (2020-07-27) -0.89%
6 months (2020-04-27) 0.45%
1 year (2019-10-25) -19.20%
2 years (2018-10-26) -13.90%
3 years (2017-10-27) -3.88%
5 years (2015-10-27) 10.95%

Is Shopping Centres Australasia Property Group under- or over-valued?

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

Shopping Centres Australasia Property Group's P/E ratio

Shopping Centres Australasia Property 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 26x. In other words, Shopping Centres Australasia Property Group shares trade at around 26x 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.

Shopping Centres Australasia Property Group financials

Revenue TTM $292.4 million
Operating margin TTM 57.63%
Gross profit TTM $143.9 million
Return on assets TTM 3.03%
Return on equity TTM 3.82%
Profit margin 29.24%
Book value 2.216
Market capitalisation $2.4 billion

TTM: trailing 12 months

Shopping Centres Australasia Property Group share dividends

Dividend payout ratio: 125% of net profits

Recently Shopping Centres Australasia Property Group has paid out, on average, around 125% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.63% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Shopping Centres Australasia Property Group shareholders could enjoy a 5.63% return on their shares, in the form of dividend payments. In Shopping Centres Australasia Property Group's case, that would currently equate to about A$0.12 per share.

Shopping Centres Australasia Property Group'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").

Shopping Centres Australasia Property Group share price volatility

Over the last 12 months, Shopping Centres Australasia Property Group's shares have ranged in value from as little as $1.975 up to $3.185. 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 Shopping Centres Australasia Property Group's is 0.2512. This would suggest that Shopping Centres Australasia Property Group's shares are less volatile than average (for this exchange).

Shopping Centres Australasia Property Group overview

SCA Property Group (SCP) includes two internally managed real estate investment trusts owning a portfolio of quality neighbourhood and sub-regional shopping centres located across Australia. The SCA Property Group invests in shopping centres predominantly anchored by non-discretionary retailers, with long term leases to tenants such as Woolworths Limited, Coles Group Limited and companies in the Wesfarmers Limited group. The SCA Property Group is a stapled entity comprising Shopping Centres Australasia Property Management Trust (ARSN 160 612 626) and Shopping Centres Australasia Property Retail Trust (ARSN 160 612 788).

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