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A Look At Stockland’s (ASX:SGP) Exceptional Fundamentals

Brandie Wetzel

Stockland (ASX:SGP) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of SGP, it is a dependable dividend payer that has been a rockstar for income investors, currently trading at an attractive share price. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my broad commentary, take a look at the report on Stockland here.

Undervalued average dividend payer

SGP’s share price is trading at below its true value, meaning that the market sentiment for the stock is currently bearish. According to my intrinsic value of the stock, which is driven by analyst consensus forecast of SGP’s earnings, investors now have the opportunity to buy into the stock to reap capital gains. Also, relative to the rest of its peers with similar levels of earnings, SGP’s share price is trading below the group’s average. This further reaffirms that SGP is potentially undervalued.

ASX:SGP Intrinsic Value Export January 9th 19

SGP is considered one of the top dividend payers in the market, and its profitability ensures that dividends are well-covered by its net income.

ASX:SGP Historical Dividend Yield January 9th 19

Next Steps:

For Stockland, I’ve put together three essential aspects you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for SGP’s future growth? Take a look at our free research report of analyst consensus for SGP’s outlook.
  2. Historical Performance: What has SGP’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SGP? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.