SCG 0.31% $3.20 scentre group

Quick question

  1. 81 Posts.
    lightbulb Created with Sketch. 14
    After looking at the balance sheet FY2019, the net assets were about $23.5 billion.
    With that being said, the current market cap is about $12 billion

    Am I missing something or is this stock clearly undervalued?
 
watchlist Created with Sketch. Add SCG (ASX) to my watchlist
(20min delay)
Last
$3.20
Change
0.010(0.31%)
Mkt cap ! $16.62B
Open High Low Value Volume
$3.20 $3.21 $3.17 $20.26M 6.342M

Buyers (Bids)

No. Vol. Price($)
2 51698 $3.19
 

Sellers (Offers)

Price($) Vol. No.
$3.21 248319 12
View Market Depth
Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
SCG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.