CARINDALE PROPERTY TRUST |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.35 AUD | +0.23% |
|
+0.23% | +8.75% |
| Feb. 20 | Carindale Property Trust Falls to Loss in H1 FY24; Revenue Increases vs Year Ago | MT |
| Feb. 20 | Carindale Property Trust Reports Earnings Results for the Half Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 479.5 | 259 | 312.2 | 328.4 | 308.9 | 344.8 | - | - |
| Enterprise Value (EV) 1 | 733.7 | 535.7 | 585.3 | 577.6 | 546.1 | 573 | 562.6 | 561 |
| P/E ratio | 25.2 x | -2.4 x | 7.92 x | 4.86 x | 37.8 x | 15.1 x | 9.42 x | 9.1 x |
| Yield | 5.28% | 4.89% | 5.16% | 5.53% | 6.28% | 6.23% | 6.51% | 6.92% |
| Capitalization / Revenue | 12.3 x | 6.93 x | 8.89 x | 6.23 x | 7.83 x | 8.42 x | 8.04 x | 7.76 x |
| EV / Revenue | 18.9 x | 14.3 x | 16.7 x | 11 x | 13.8 x | 14 x | 13.1 x | 12.6 x |
| EV / EBITDA | 22 x | 16.4 x | 21.6 x | 16.8 x | 15.4 x | 15.9 x | 15 x | 14.4 x |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 0.85 x | 0.58 x | 0.67 x | 0.62 x | 0.58 x | 0.63 x | 0.6 x | 0.56 x |
| Nbr of stocks (in thousands) | 70,000 | 70,000 | 70,000 | 72,650 | 75,720 | 79,262 | - | - |
| Reference price 2 | 6.850 | 3.700 | 4.460 | 4.520 | 4.080 | 4.350 | 4.350 | 4.350 |
| Announcement Date | 8/21/19 | 8/24/20 | 8/18/21 | 8/22/22 | 8/21/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 38.84 | 37.39 | 35.13 | 52.72 | 39.47 | 40.93 | 42.88 | 44.46 |
| EBITDA 1 | 33.37 | 32.58 | 27.04 | 34.37 | 35.42 | 36.03 | 37.47 | 38.87 |
| EBIT 1 | 33.37 | 32.58 | 27.04 | 34.37 | 35.42 | 36.03 | 37.47 | 38.87 |
| Operating Margin | 85.94% | 87.14% | 76.95% | 65.2% | 89.75% | 88.04% | 87.37% | 87.43% |
| Earnings before Tax (EBT) | 19.05 | -107.7 | - | 66.52 | - | - | - | - |
| Net income 1 | 19.05 | -107.7 | 39.42 | 66.52 | 8.024 | 19.5 | 46.2 | 47.7 |
| Net margin | 49.05% | -288.07% | 112.19% | 126.17% | 20.33% | 47.64% | 107.73% | 107.29% |
| EPS 2 | 0.2721 | -1.539 | 0.5631 | 0.9299 | 0.1078 | 0.2884 | 0.4620 | 0.4779 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.3620 | 0.1810 | 0.2300 | 0.2500 | 0.2562 | 0.2710 | 0.2832 | 0.3010 |
| Announcement Date | 8/21/19 | 8/24/20 | 8/18/21 | 8/22/22 | 8/21/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 18.95 | 18.44 | 17.24 | 18.31 | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | 10.26 | -118 | - | - | 14.06 | 52.46 | - | - | -3.14 | - | - | - |
| Net margin | 54.15% | -639.73% | - | - | - | - | - | - | - | - | - | - |
| EPS 1 | 0.1466 | -1.685 | - | - | 0.1984 | 0.7315 | - | - | -0.0408 | 0.1670 | 0.1690 | 0.1710 |
| Dividend per Share 1 | 0.1810 | - | 0.1150 | 0.1150 | - | 0.1250 | 0.1250 | 0.1312 | 0.1355 | 0.1400 | 0.1400 | - |
| Announcement Date | 2/17/20 | 8/24/20 | 2/23/21 | 8/18/21 | 2/14/22 | 8/22/22 | - | 8/21/23 | 2/20/24 | - | - | - |
1AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 254 | 277 | 273 | 249 | 237 | 228 | 218 | 216 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 7.616 x | 8.495 x | 10.1 x | 7.25 x | 6.696 x | 6.334 x | 5.812 x | 5.562 x |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 3.36% | -21.4% | 8.67% | 5.2% | 5% | 4.91% | 4.77% | 4.7% |
| ROA (Net income/ Total Assets) | 2.27% | -13.4% | 5.25% | 3.32% | 3.32% | 3.26% | 3.37% | 3.36% |
| Assets 1 | 838 | 801.2 | 750.6 | 2,004 | 241.4 | 597.6 | 1,370 | 1,420 |
| Book Value Per Share 2 | 8.050 | 6.330 | 6.660 | 7.250 | 6.980 | 6.910 | 7.300 | 7.720 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 11.7 | - | 7.46 | 3.98 | 10.4 | 9.2 | 3.4 | 3.5 |
| Capex / Sales | 30.03% | - | 21.24% | 7.54% | 26.3% | 22.48% | 7.93% | 7.87% |
| Announcement Date | 8/21/19 | 8/24/20 | 8/18/21 | 8/22/22 | 8/21/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
4.35
AUD
Average target price
5.91
AUD
Spread / Average Target
+35.86%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +8.75% | 225M | |
| -0.20% | 46.38B | |
| -13.75% | 12.39B | |
| -22.69% | 11.06B | |
| -13.01% | 10.74B | |
| -5.43% | 7.45B | |
| -6.66% | 6.54B | |
| -8.23% | 5.8B | |
| -7.60% | 5.6B | |
| -7.00% | 4.67B |
- Stock Market
- Equities
- CDP Stock
- Financials Carindale Property Trust
