Financials Australian Unity Office Fund

Equities

AOF

AU000000AOF3

Commercial REITs

Market Closed - Australian S.E. 11:40:13 18/06/2024 am IST 5-day change 1st Jan Change
1.4 AUD +2.19% Intraday chart for Australian Unity Office Fund +3.70% +34.62%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 478.7 340.3 429 360 214.5 230.1 - -
Enterprise Value (EV) 1 478.7 340.3 611.3 526.3 170.7 218.2 174.6 185.9
P/E ratio 10.7 x 25.7 x 18.4 x -7.44 x -48.3 x -5.9 x -106 x 12.8 x
Yield 5.37% - 5.75% 6.94% 7.66% 4.21% 1.99% 4.16%
Capitalization / Revenue - - 12.4 x 10.7 x 10.4 x 17.8 x 33 x 21.2 x
EV / Revenue - - 17.7 x 15.6 x 8.26 x 16.9 x 25 x 17.1 x
EV / EBITDA 9.05 x - 20.4 x 21.2 x 13.1 x 19.5 x 36.6 x 22 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book - - 0.96 x 0.97 x 0.68 x 0.95 x 1 x 0.96 x
Nbr of stocks (in thousands) 1,62,832 1,62,832 1,64,383 1,64,383 1,64,383 1,64,383 - -
Reference price 2 2.940 2.090 2.610 2.190 1.305 1.370 1.370 1.370
Announcement Date 25/08/19 23/08/20 24/08/21 28/08/22 27/08/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - - 34.5 33.77 20.66 12.9 6.98 10.86
EBITDA 1 52.9 - 29.9 24.85 13.05 11.2 4.765 8.445
EBIT 1 52.9 - 29.9 24.85 -0.443 11.2 4.765 8.445
Operating Margin - - 86.67% 73.6% -2.14% 86.82% 68.27% 77.76%
Earnings before Tax (EBT) 1 - - - - - 12.3 5.7 10.3
Net income 1 44.83 13.24 23.26 -48.36 -4.442 -38.16 -2.14 17.48
Net margin - - 67.41% -143.21% -21.5% -295.85% -30.66% 160.96%
EPS 2 0.2753 0.0813 0.1420 -0.2942 -0.0270 -0.2321 -0.0129 0.1066
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.1580 - 0.1500 0.1520 0.1000 0.0577 0.0273 0.0569
Announcement Date 25/08/19 23/08/20 24/08/21 28/08/22 27/08/23 - - -
1AUD in Million2AUD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 182 166 - - - -
Net Cash position 1 - - - - 43.9 11.9 55.5 44.3
Leverage (Debt/EBITDA) - - 6.094 x 6.693 x - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 10.1% - 5.24% 4.71% 2.64% 4.6% 2.4% 4.6%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - - 2.710 2.260 1.910 1.440 1.370 1.430
Cash Flow per Share 2 - - 0.2200 0.1800 0.1200 0.0600 0.0200 0.0500
Capex 1 10.1 - 8.92 12.4 6.03 23.4 12 16
Capex / Sales - - 25.86% 36.64% 29.2% 181.4% 171.92% 147.33%
Announcement Date 25/08/19 23/08/20 24/08/21 28/08/22 27/08/23 - - -
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
1.37 AUD
Average target price
1.5 AUD
Spread / Average Target
+9.49%
Consensus

Annual profits - Rate of surprise

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