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

Enter the company code or Name for stock analysis:

CWP - CEDAR WOODS PROPERTIES LIMITED

FNArena Sector : Infra & Property Developers

Year End: June

GICS Industry Group : Real Estate

Debt/EBITDA: 2.67

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
$8.77 03 Nov 2025	-0.260 OPEN $9.00	-2.88% HIGH $9.02	318,986 LOW $8.75

LAST PRICE

CHANGE +/-

CHANGE %

VOLUME

$8.77

03 Nov
2025

-0.260

OPEN

$9.00

-2.88%

HIGH

$9.02

318,986

LOW

$8.75

TARGET

$9.525

8.6% upside

Franking for last dividend paid out: 100%

OTHER COMPANIES IN THE SAME SECTOR
CMW . FRI . FWD . GLF . GMG . GOZ . GPT . LIC . LLC . MGR . PPC . SFC . SGP . SIO . UOS .

FNARENA'S MARKET CONSENSUS FORECASTS

Title	FY24 Actual	FY25 Actual	FY26 Forecast	FY27 Forecast
EPS (cps)	xxx	58.4	67.5	xxx
DPS (cps)	xxx	29.0	34.5	xxx
EPS Growth	xxx	18.7%	15.6%	xxx
DPS Growth	xxx	16.0%	19.0%	xxx
PE Ratio	xxx	N/A	13.0	xxx
Dividend Yield	xxx	N/A	3.9%	xxx
Div Pay Ratio(%)	xxx	49.7%	51.1%	xxx

Dividend yield today if purchased 3 years ago: 7.32%

DIVIDEND YIELD CALCULATOR

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	2020	2021	2022	2023	2024	2025
EPS Basic	xxx	xxx	xxx	xxx	xxx	58.4
DPS All	xxx	xxx	xxx	xxx	xxx	29.0
Sales/Revenue	xxx	xxx	xxx	xxx	xxx	468.6 M
Book Value Per Share	xxx	xxx	xxx	xxx	xxx	592.9
Net Operating Cash Flow	xxx	xxx	xxx	xxx	xxx	34.6 M
Net Profit Margin	xxx	xxx	xxx	xxx	xxx	10.27 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title	2020	2021	2022	2023	2024	2025
Return on Capital Employed	xxx	xxx	xxx	xxx	xxx	10.13 %
Return on Invested Capital	xxx	xxx	xxx	xxx	xxx	7.83 %
Return on Assets	xxx	xxx	xxx	xxx	xxx	6.01 %
Return on Equity	xxx	xxx	xxx	xxx	xxx	10.13 %
Return on Total Capital	xxx	xxx	xxx	xxx	xxx	12.28 %
Free Cash Flow ex dividends	xxx	xxx	xxx	xxx	xxx	11.6 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	2020	2021	2022	2023	2024	2025
Short-Term Debt	xxx	xxx	xxx	xxx	xxx	97 M
Long Term Debt	xxx	xxx	xxx	xxx	xxx	135 M
Total Debt	xxx	xxx	xxx	xxx	xxx	232 M
Goodwill - Gross	xxx	xxx	xxx	xxx	xxx	-
Cash & Equivalents - Generic	xxx	xxx	xxx	xxx	xxx	9 M
Price To Book Value	xxx	xxx	xxx	xxx	xxx	1.20

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title	2020	2021	2022	2023	2024	2025
Capex	xxx	xxx	xxx	xxx	xxx	0.7 M
Capex % of Sales	xxx	xxx	xxx	xxx	xxx	0.15 %
Cost of Goods Sold	xxx	xxx	xxx	xxx	xxx	334 M
Selling, General & Admin. Exp & Other	xxx	xxx	xxx	xxx	xxx	50 M
Research & Development	xxx	xxx	xxx	xxx	xxx	-
Investments - Total	xxx	xxx	xxx	xxx	xxx	7 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
EXTRA COVERAGE

EXPERT VIEWS

Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

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	30/10/2025	1	Buy	$9.70	10.60%	Cedar Woods Properties delivered a strong first quarter update, assesses Bell Potter, upgrading FY26 profit growth guidance to 15% from 10%, supported by robust market conditions and accelerating project momentum. The broker highlights record pre-sales of $763m, providing multi-year earnings visibility, with around $410m expected to settle in FY26 and $353m across FY27-FY28. The analysts attribute the upgraded profit guidance to higher sales velocity and price growth, noting management’s conservative track record suggests further upside potential. Bell Potter lifts its target price to $9.70 from $8.75 and retains a Buy rating. FORECAST Bell Potter forecasts a full year FY26 dividend of 34.00 cents and EPS of 68.30 cents. Bell Potter forecasts a full year FY27 dividend of 38.00 cents and EPS of 75.80 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Shaw and Partners

xx/xx/xxxx

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

30/10/2025

Buy

$9.70

10.60%

Cedar Woods Properties delivered a strong first quarter update, assesses Bell Potter, upgrading FY26 profit growth guidance to 15% from 10%, supported by robust market conditions and accelerating project momentum.

The broker highlights record pre-sales of $763m, providing multi-year earnings visibility, with around $410m expected to settle in FY26 and $353m across FY27-FY28.

The analysts attribute the upgraded profit guidance to higher sales velocity and price growth, noting management’s conservative track record suggests further upside potential.

Bell Potter lifts its target price to $9.70 from $8.75 and retains a Buy rating.

FORECAST
Bell Potter forecasts a full year FY26 dividend of 34.00 cents and EPS of 68.30 cents.
Bell Potter forecasts a full year FY27 dividend of 38.00 cents and EPS of 75.80 cents.

Access Stockbroker Research History >

EXTRA COVERAGE

Display All Commentary

No. Of Recommendations

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	03/09/2025	1	Buy	$8.36	-4.68%	FY25 EPS for Cedar Woods Properties of 58.4c came in ahead of Moelis’ 56.9c estimate. Presales reached a record $660m, highlights the analyst, underpinning FY26 guidance for profit growth of at least 10%. Margins expanded to 28% from 25% in FY24, supported by strong price growth across key markets, explains the broker. Moelis notes 1,125 lot settlements in FY25, with a 6% increase expected in FY26. Queensland and WA are driving growth, explains the broker, South Australia remains steady, and Victoria is expected to recover on affordability and population growth. The broker upgrades its medium-term EPS forecasts, highlighting capacity to harvest a low-cost landbank into supply-constrained markets. It's noted inventory covers three years of sales with additional stock beyond that period, ensuring strong visibility. Moelis raises its target price to $8.36 from $7.63 and maintains a Buy rating. FORECAST Moelis forecasts a full year FY26 dividend of 32.50 cents and EPS of 64.90 cents. Moelis forecasts a full year FY27 dividend of 36.50 cents and EPS of 73.40 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Moelis

03/09/2025

Buy

$8.36

-4.68%

FY25 EPS for Cedar Woods Properties of 58.4c came in ahead of Moelis’ 56.9c estimate. Presales reached a record $660m, highlights the analyst, underpinning FY26 guidance for profit growth of at least 10%.

Margins expanded to 28% from 25% in FY24, supported by strong price growth across key markets, explains the broker.

Moelis notes 1,125 lot settlements in FY25, with a 6% increase expected in FY26. Queensland and WA are driving growth, explains the broker, South Australia remains steady, and Victoria is expected to recover on affordability and population growth.

The broker upgrades its medium-term EPS forecasts, highlighting capacity to harvest a low-cost landbank into supply-constrained markets. It's noted inventory covers three years of sales with additional stock beyond that period, ensuring strong visibility.

Moelis raises its target price to $8.36 from $7.63 and maintains a Buy rating.

FORECAST
Moelis forecasts a full year FY26 dividend of 32.50 cents and EPS of 64.90 cents.
Moelis forecasts a full year FY27 dividend of 36.50 cents and EPS of 73.40 cents.

Access Extra Coverage Research History >

CWP STOCK CHART

FNArena News on CWP

1	Rudi’s View: Small Caps, Quality, Gold, Balance & Maximum Diversification Oct 16 2025 - Rudi's View

2	Australian Broker Call Extra Edition – Sep 03, 2025 Sep 03 2025 - Daily Market Reports

3	FNArena Corporate Results Monitor – 27-08-2025 Aug 27 2025 - Australia

4	Rudi’s View: BlueScope Steel, IGO, GrainCorp, Pilbara Minerals, Santos & More Aug 14 2025 - Rudi's View

5	Rudi’s View: AI Updates, Hot Favourites & First August Results Aug 07 2025 - Rudi's View

Latest Infra & Property Developers News

1	August 2025 Results – The Wrap Sep 12 2025 - Feature Stories

2	GemLife: A Gemstone For Australia’s Downsizers Sep 11 2025 - Small Caps

3	Relax, Goodman’s Playing The Long Game Aug 25 2025 - Australia

4	Goodman Group Revels In Data Centres Hot Seat Jun 03 2025 - Australia

5	Treasure Chest: Goodman Group’s Data Centres Apr 02 2025 - Treasure Chest

6	Treasure Chest: Stockland Jan 15 2025 - Treasure Chest

7	GPT Group On The Up Jul 16 2024 - Technicals

8	Treasure Chest: Stockland Jun 26 2024 - Treasure Chest

9	ESG Focus: Do Data Centres Threaten ESG Targets? Jun 24 2024 - ESG Focus

10	Goodman Group’s Upward Momentum Continues Jun 11 2024 - Technicals

Dividend Yield Today On Last Actual Payout :	3.21
Estimated Dividend Growth (Average Of Past Three Years)	%
Amount Invested	$
Tell Me The Dividend After This Many Years

	Yield	Yield on investment
This Year
Year 1
Year 2
Year 3
Year 4
Year

Get 2 Weeks free trial

Sign Up

Member Login

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