360 Capital Group Limited (TGP) AI Stock Analysis

• Market Cap: AU$121.87M
• Dividend Yield: 6.31%
• Average Volume (3M): 85.23K
• Price to Earnings (P/E): 14.2
• Beta (1Y): 0.19
• Revenue Growth: 86.84%
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 76
• Industry: Asset Management Services
• EPS (TTM): 0.04
• Shares Outstanding: 210,837,230
• 10 Day Avg. Volume: 17,219
• 30 Day Avg. Volume: 85,226
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

360 Capital Group Limited has a strong balance sheet and improving cash flow, but faces challenges with revenue consistency. The technical analysis suggests some short-term weakness but overall positive longer-term trends. Valuation metrics are favorable, offering a moderate P/E ratio and a high dividend yield. The lack of earnings call and corporate events data does not affect the score significantly.

360 Capital Group Limited Business Overview & Revenue Model

Company Description

360 Capital Group Limited (TGP) is an Australian-based investment and funds management company. It primarily operates in the real estate and investment sectors, focusing on property investment, management, and funds management services. The company engages in managing listed and unlisted real estate investment trusts (REITs) and other investment vehicles, aiming to deliver strong returns to its investors through its strategic investment approach.

How the Company Makes Money

360 Capital Group Limited makes money through a diversified revenue model centered around property investment and funds management. Key revenue streams include management fees from managing a range of listed and unlisted funds, including real estate investment trusts (REITs), and performance fees when these funds meet or exceed certain benchmarks. The company also derives income from direct property investments, which generate rental income and capital appreciation, and from co-investments in the funds they manage. Additionally, 360 Capital leverages strategic partnerships and joint ventures to enhance its investment capabilities and expand its asset base, contributing to its earnings potential.

360 Capital Group Limited Financial Statement Overview

Summary

360 Capital Group Limited demonstrates a mixed financial performance. The income statement shows volatility in revenue and profit margins, though recent recovery in profitability metrics is noted. The balance sheet is strong with a low debt-to-equity ratio and substantial cash reserves, which reduces financial risk. Cash flow performance is improving, with positive free cash flow growth, but historical volatility remains a concern.

Income Statement

The company has shown significant volatility in revenue and profitability over the years. Recent figures show a decrease in total revenue from 2023 to 2024, but a return to positive EBIT and net income, indicating some recovery from the previous year's losses. Gross profit margins are relatively strong, with the latest year showing a particularly high EBIT margin due to reduced revenue. However, the revenue growth rate and net profit margin have been inconsistent.

Balance Sheet

The balance sheet reflects a strong equity position, with a low debt-to-equity ratio and a high equity ratio. The company has maintained substantial cash reserves, which provides stability. Despite fluctuations in total assets and equity year-over-year, the company's leverage remains low, reducing financial risk.

Cash Flow

Cash flow performance is mixed, with operating cash flow showing improvement. Free cash flow growth is positive in the last year, suggesting better cash management and capital discipline. However, historical cash flow volatility indicates potential risk in consistent cash generation.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
7.36M	13.45M	15.91M	25.12M	7.96M
	Gross Profit
6.22M	10.00M	12.92M	15.81M	7.08M
	EBIT
779.00K	-11.61M	20.97M	3.12M	3.13M
	EBITDA
12.76M	-10.64M	21.95M	3.87M	3.15M
	Net Income Common Stockholders
320.00K	-20.76M	31.67M	5.29M	1.34M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
117.74M	136.60M	172.90M	54.26M	151.13M
	Total Assets
328.70M	185.56M	243.90M	369.75M	268.22M
	Total Debt
74.97M	2.18M	2.70M	24.23M	0.00
	Net Debt
-38.75M	-36.63M	-77.63M	-30.04M	-149.52M
	Total Liabilities
84.08M	8.20M	16.15M	51.32M	4.91M
	Stockholders Equity
166.24M	174.18M	217.70M	198.38M	195.28M
Cash Flow		Free Cash Flow
10.22M	1.76M	-10.95M	-19.38M	-2.97M
	Operating Cash Flow
10.25M	1.87M	-4.03M	4.65M	1.48M
	Investing Cash Flow
96.37M	-15.38M	70.29M	-151.91M	-88.24M
	Financing Cash Flow
-33.88M	-28.01M	-13.98M	48.02M	59.05M

360 Capital Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TGP, the sentiment is Positive. The current price of 0.62 is above the 20-day moving average (MA) of 0.60, above the 50-day MA of 0.61, and above the 200-day MA of 0.60, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 51.50 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:TGP.

360 Capital Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VCX	74 Outperform	AU$10.81B	13.22	7.73%	6.04%	1.97%	156.14%
TGP	69 Neutral	AU$121.87M	14.19	5.74%	6.31%	86.84%	―
SCG	64 Neutral	$18.83B	17.89	5.94%	4.87%	5.05%	500.30%
Sector *	60 Neutral	$2.79B	11.37	0.20%	8519.74%	6.07%	-14.95%
CHC	54 Neutral	$8.31B	286.62	1.03%	2.71%	-19.75%	―
GOZ	54 Neutral	AU$1.79B	―	-10.45%	8.76%	2.70%	-8.39%
DXS	52 Neutral	$8.08B	―	-9.22%	5.51%	0.32%	28.89%

360 Capital Group Limited Corporate Events

360 Capital Group Adjusts Substantial Holdings in Mortgage REIT

360 Capital Group Limited has announced a change in the interests of its substantial holder in the 360 Capital Mortgage REIT, with a slight decrease in voting power from 15.12% to 13.84%. This change is due to market acquisitions by 360 Capital FM Limited and TT Investments Pty Limited, reflecting strategic adjustments in their investment holdings. The announcement highlights the company’s ongoing management of its investment portfolio and potential implications for stakeholders, as the company continues to navigate the real estate investment landscape.

360 Capital Group Announces Off-Market Buy-Back

360 Capital Group Limited has announced an off-market buy-back of up to 32.6 million securities at $0.65 per security, as part of its capital management initiatives. The buy-back is voluntary and only available to security holders in Australia and New Zealand, aiming to provide them with an opportunity to exit all or part of their investment. This move is expected to impact the company’s financial performance and market positioning, depending on factors such as security holder demand and market conditions.

360 Capital Group Initiates Equal Access Scheme Buy-Back

360 Capital Group has announced a new equal access scheme buy-back for its fully paid ordinary units stapled securities, under the ASX code TGP. This buy-back initiative is likely aimed at optimizing capital structure and potentially enhancing shareholder value, reflecting the company’s strategic focus on efficient capital management.

360 Capital Group’s Off-Market Buy-Back Faces Uncertainty

360 Capital Group announced an update on its proposed off-market buy-back of up to 44.6 million securities at a fixed price of $0.65 per security, which represents a 10.2% premium over the last closing price. The buy-back is contingent upon obtaining necessary waivers from ASIC, which have not yet been secured. The company will continue to pursue these waivers, but there is no certainty the buy-back will proceed, as independent directors will need to assess the efficiency of this capital use against other investment opportunities.

360 Capital Group Increases Stake in REIT

360 Capital Group Limited, through its entities 360 Capital Active REIT and 360 Capital Passive REIT, has increased its voting power in the company from 42.80% to 44.47%. This change in substantial holding indicates a strategic move by the company to consolidate its influence and control within the REIT sector, potentially impacting its market positioning and stakeholder relations.

360 Capital Group Releases Interim Financial Report for H2 2024

360 Capital Group Limited has released its interim financial report for the half-year ending December 31, 2024. The report outlines the financial performance and position of the 360 Capital Investment Trust, highlighting key figures in profit, loss, and equity changes. This financial update is crucial for stakeholders as it provides insights into the company’s fiscal health and operational efficiency, impacting investor confidence and market positioning.

360 Capital Group Reports Turnaround with Half-Year Profit

360 Capital Group reported a significant turnaround with a statutory profit of $3.7 million for the half-year ending December 2024, marking a 167.7% improvement from the previous year’s loss. The company is positioning itself for growth in both its real estate credit and equity sectors, with strategic capital raises and new investment management agreements set to enhance its market standing. As interest rates are expected to fall in 2025, the group anticipates stabilization in commercial real estate values, potentially boosting its equity funds. The Group remains well-capitalized, maintaining a strong cash position with no debt, and continues to explore growth opportunities through acquisitions and new investment strategies.

360 Capital Group Posts Profitable Half-Year with Revenue Surge

360 Capital Group announced its financial results for the half-year ending December 31, 2024, showcasing a significant turnaround with a profit attributable to securityholders of $3.651 million, compared to a loss in the previous corresponding period. The revenue increased by 66.2%, indicating strong performance, though operating profit saw a minor decline. Dividends remained consistent with the previous year at 2.0 cents per security. The net tangible asset per security improved to $0.78 from $0.73, reflecting enhanced asset value.