Reviewing Stockland (STKAF) and The Competition

Valuation & Earnings

This table compares Stockland and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Stockland	N/A	N/A	11.01
Stockland Competitors	$197.66 million	$18.17 million	8.43

Stockland’s peers have higher revenue and earnings than Stockland. Stockland is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Stockland and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Stockland	N/A	N/A	N/A
Stockland Competitors	-38.25%	-7.28%	-0.05%

Dividends

Stockland pays an annual dividend of $0.24 per share and has a dividend yield of 9.6%. Stockland pays out 105.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Diversified REITs” companies pay a dividend yield of 6.5% and pay out 208.3% of their earnings in the form of a dividend. Stockland is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.

Insider & Institutional Ownership

38.4% of Stockland shares are held by institutional investors. Comparatively, 39.2% of shares of all “Diversified REITs” companies are held by institutional investors. 11.9% of shares of all “Diversified REITs” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

Stockland beats its peers on 6 of the 9 factors compared.

Stockland Company Profile

We are a leading creator and curator of connected communities with people at the heart of the places we create. For more than 70 years, we have built a proud legacy, helping more Australians achieve the dream of home ownership, and enabling the future of work and retail. Today, we continue to build on our history as one of Australia's largest diversified property groups to elevate the social value of our places, and create a tangible sense of human connection, belonging and community for our customers. We own, fund, develop and manage one of Australia's largest portfolios of residential and land lease communities, retail town centres, and workplace and logistics assets. Our approach is distinctive, bringing a unique combination of development expertise, scale, deep customer insight, and diverse talent – with care in everything we do. We are committed to contributing to the economic prosperity of Australia and the wellbeing of our communities and our planet.