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Stockland (SGP) Fair Value & Analysis

Real Estate · AU · Market cap A$9.3B

S Stockland SGP · AU
PriceA$4.22
Fair ValueA$3.70
Upside-12.3%
Quality95/100
Evidence: High Range A$3.12 – A$4.15

Fair value as of: Jun 26, 2026

From 24 valuation models · updated 3 days ago

Share price −0.5% over the past month.

Price vs Fair Value (12 months)

A$6.85 A$3.85 Fair Value A$3.70 Jun 2025 Jun 2026

12‑month range A$3.85 – A$6.85 · fair‑value band A$3.12 – A$4.15 · the A$4.22 price screens above the A$3.70 fair value. As of Jun 26, 2026.

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Analysis

Stockland (SGP) currently trades at A$4.22, while our model-based Fair Value estimate is A$3.70 — implying the stock looks roughly 12.3% overvalued today. We read business quality at 95/100 (high quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Stockland generated revenue of A$3.5B at a net margin of 24.8%. Revenue grew 30.6% year over year. It earns a return on equity of 8.6%. Net debt stands at A$4.5B. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$3.5B
Revenue growth (YoY) +30.6%
Net margin 24.8%
Return on equity 8.6%
Free cash flow A$325M FY2025
P/E ratio 10.6
More key figures
Operating margin 21.6%
EPS (TTM) A$0.3600
Dividend yield 6.9%
EPS growth (YoY) +17.6%
Net debt A$4.5B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Stockland is 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. Stockland was incor…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Stockland reported revenue of A$3.1B in FY2025 versus A$2.7B in FY2021, a compound +3.5%/yr. Reported net income was A$826M in FY2025, compounding −7.0%/yr from FY2021.

Revenue +3.5%/yr
FY21 A$2.7B
FY22 A$2.8B
FY23 A$2.8B
FY24 A$3.0B
FY25 A$3.1B
Net income −7.0%/yr
FY21 A$1.1B
FY22 A$1.4B
FY23 A$440M
FY24 A$305M
FY25 A$826M

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6 more REIT - Diversified stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Graphene Manufacturing Group GMG A$31.10 A$10.84 -65%
Goodman Group GMGSF $21.70 $4.84 -78%
VICI Properties Inc VICI $26.72 $41.74 +56%
W. P. Carey Inc WPC $76.71 $50.40 -34%
Charter Hall Group CTOUF $15.42 $10.45 -32%
FNCDY FNCDY $17.03 $23.23 +36%

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Frequently asked questions

Is Stockland (SGP) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$3.70 versus a price of A$4.22 — about −12% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SGP?
Our 21-model fair value for Stockland is A$3.70 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$4.22.
What is the quality score of SGP?
Stockland has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Stockland (SGP)?
Stockland reported trailing-twelve-month revenue of about A$3.5B (latest available figure, as of Jun 26, 2026).
What is the net profit margin of SGP?
The net profit margin of Stockland is about 24.8%, meaning it keeps roughly 24.8% of revenue as net income. Based on the latest reported figures.
Does Stockland pay a dividend?
Stockland currently shows a dividend yield of about 6.91% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.