Abacus Group (ASX:ABG) 3-Year Revenue Growth Rate : -20.70% (As of Dec. 2023)

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What is Abacus Group 3-Year Revenue Growth Rate?

Abacus Group's Revenue per Share for the six months ended in Dec. 2023 was A$0.08.

During the past 12 months, Abacus Group's average Revenue per Share Growth Rate was -84.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was -20.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was -13.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was -4.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Abacus Group was 38.10% per year. The lowest was -30.70% per year. And the median was -2.05% per year.

Competitive Comparison of Abacus Group's 3-Year Revenue Growth Rate

For the REIT - Diversified subindustry, Abacus Group's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Abacus Group's 3-Year Revenue Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Abacus Group's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Abacus Group's 3-Year Revenue Growth Rate falls into.

Abacus Group 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Abacus Group (ASX:ABG) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Abacus Group 3-Year Revenue Growth Rate Related Terms

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Abacus Group (ASX:ABG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Abacus Group (ASX:ABG) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

EZO1:Germany

Address

77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000

Website

https://www.abacusproperty.com.au

Abacus Group is primarily focused on storage and office property, with minor interests in other subsectors such as retail property. Its storage business remains an active acquirer and developer of property. Management separated the storage business in mid-2023. We don't view the separation as creating value in itself, however, we view it as a potential catalyst that could prompt the market to recognize latent value in Abacus' assets. However, it will likely take time for the market to get familiar with the two Abacus vehicles and its new structure.