CEDAR WOODS PROPERTIES LIMITED (CWP)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

CWP

CWP - CEDAR WOODS PROPERTIES LIMITED

FNArena Sector : Infra & Property Developers
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 3.93
Index: ALL-ORDS

Cedar Wood Properties is an Australian developer of residential communities and commercial developments. Established in 1987, the company listed on the ASX in 1994.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.50

20 Feb
2025

-0.030

OPEN

$5.56

-0.54%

HIGH

$5.62

109,556

LOW

$5.39

TARGET
$6.967 26.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
CMW . FRI . FWD . GMG . GOZ . GPT . HPI . LIC . LLC . MGR . PPC . SFC . SGP . SIO . UOS .
FNARENA'S MARKET CONSENSUS FORECASTS
CWP: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 49.2 54.6 xxx
DPS (cps) xxx 25.0 27.3 xxx
EPS Growth xxx 27.7% 11.0% xxx
DPS Growth xxx 25.0% 9.3% xxx
PE Ratio xxx N/A 10.1 xxx
Dividend Yield xxx N/A 5.0% xxx
Div Pay Ratio(%) xxx 50.9% 50.1% xxx

Dividend yield today if purchased 3 years ago: 5.10%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.55

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 25/09 - ex-div 17c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx49.2
DPS All xxxxxxxxxxxxxxx25.0
Sales/Revenue xxxxxxxxxxxxxxx387.8 M
Book Value Per Share xxxxxxxxxxxxxxx559.1
Net Operating Cash Flow xxxxxxxxxxxxxxx31.2 M
Net Profit Margin xxxxxxxxxxxxxxx10.44 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx9.08 %
Return on Invested Capital xxxxxxxxxxxxxxx6.50 %
Return on Assets xxxxxxxxxxxxxxx5.30 %
Return on Equity xxxxxxxxxxxxxxx9.08 %
Return on Total Capital xxxxxxxxxxxxxxx7.07 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx17.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx55 M
Long Term Debt xxxxxxxxxxxxxxx144 M
Total Debt xxxxxxxxxxxxxxx199 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx22 M
Price To Book Value xxxxxxxxxxxxxxx0.85

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx1.7 M
Capex % of Sales xxxxxxxxxxxxxxx0.44 %
Cost of Goods Sold xxxxxxxxxxxxxxx291 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx49 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

20/02/2025

1

Buy

$7.20

30.91%

Cedar Woods Properties remains a key pick for Bell Potter following its 1H results, with the $7.20 target and Buy rating maintained despite the need for a large 2H skew. The broker remains confident in the full-year outlook due to record 2H pre sales..

First-half EPS of 18.2c missed the broker’s estimate by -40%, though management slightly raised FY25 guidance, now expecting at least 10% NPAT growth, compared to Bell Potter’s 11.5% forecast.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 27.00 cents and EPS of 54.80 cents.
Bell Potter forecasts a full year FY26 dividend of 31.00 cents and EPS of 62.60 cents.

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Moelis

20/02/2025

1

Buy

$6.26

13.82%

Cedar Woods Properties 1H25 net profit missed Moelis' forecast, but the broker had included $6.8m profit contribution from land sale in William's Landing and Eglington. The company recognised William's Landing sale but not Eglington yet.

The company guided to a minimum of 10% operating net profit growth in FY25, which the broker reckons is a "soft upgrade" versus prior guidance of 10% growth and demonstrates increased confidence in the settlement pipeline.

Target price rises to $6.26 from $6.03, and Buy rating maintained.

FORECAST
Moelis forecasts a full year FY25 dividend of 30.00 cents and EPS of 55.70 cents.
Moelis forecasts a full year FY26 dividend of 32.00 cents and EPS of 61.60 cents.
Access Extra Coverage Research History >

CWP STOCK CHART

FNArena News on CWP

1
FNArena Corporate Results Monitor – 22-02-2025

2:00 PM - Australia
2
Rudi’s View: Best Ideas & Conviction Calls

Feb 20 2025 - Rudi's View
3
FNArena Corporate Results Monitor – 20-02-2025

Feb 20 2025 - Australia
4
Rudi’s View: AGL Energy, Bega Cheese, BRG, Harvey Norman, Imdex & Superloop

Feb 06 2025 - Rudi's View
5
Rudi’s View: Cochlear, Guzman y Gomez, SiteMinder, Wesfarmers & Xero

Jan 30 2025 - Rudi's View

Latest Infra & Property Developers News

1
Treasure Chest: Stockland

Jan 15 2025 - Treasure Chest
2
GPT Group On The Up

Jul 16 2024 - Technicals
3
Treasure Chest: Stockland

Jun 26 2024 - Treasure Chest
4
ESG Focus: Do Data Centres Threaten ESG Targets?

Jun 24 2024 - ESG Focus
5
Goodman Group’s Upward Momentum Continues

Jun 11 2024 - Technicals
6
Lendlease: Bringing It Back Home

May 30 2024 - Australia
7
Goodman Group Powers On

May 09 2024 - Australia
8
Goodman Group: Overbought

Aug 22 2023 - Technicals
9
Goodman Group: Breaking Out

May 02 2023 - Technicals
10
Goodman Group: Short Term Rally

Jul 19 2022 - Technicals