CARINDALE PROPERTY TRUST (CDP)
Share Price Analysis and Chart

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CDP - CARINDALE PROPERTY TRUST

FNArena Sector : REITs
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 6.78
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.24

25 Jul
2024

-0.010

OPEN

$4.25

-0.24%

HIGH

$4.25

3,012

LOW

$4.24

OTHER COMPANIES IN THE SAME SECTOR
ABG . AOF . ARF . ASK . BWP . CHC . CIP . CLW . COF . CQE . CQR . DXC . DXI . DXS . ECF . GDF . GDI . HCW . HDN . NSR . PLG . REP . RFF . RGN . SCG . TGP . URW . VCX . WOT . WPR .
FNARENA'S MARKET CONSENSUS FORECASTS

- No Record -

Last ex-div: 29/06 - ex-div 12.5c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx10.8
DPS All xxxxxxxxxxxxxxx26.3
Sales/Revenue xxxxxxxxxxxxxxx54.9 M
Book Value Per Share xxxxxxxxxxxxxxx697.9
Net Operating Cash Flow xxxxxxxxxxxxxxx27.8 M
Net Profit Margin xxxxxxxxxxxxxxx14.62 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx1.52 %
Return on Invested Capital xxxxxxxxxxxxxxx1.04 %
Return on Assets xxxxxxxxxxxxxxx1.01 %
Return on Equity xxxxxxxxxxxxxxx1.52 %
Return on Total Capital xxxxxxxxxxxxxxx4.58 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx22.4 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx241 M
Total Debt xxxxxxxxxxxxxxx241 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx3 M
Price To Book Value xxxxxxxxxxxxxxx0.58

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx0.0 M
Capex % of Sales xxxxxxxxxxxxxxx0.00 %
Cost of Goods Sold xxxxxxxxxxxxxxx15 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx4 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx784 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

0.0

No. Of Recommendations

0
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
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

08/03/2024

1

Buy

$6.22

46.70%

Carindale Property Trust delivered a first half result that was slightly stronger than Moelis expected.

Gearing decreased marginally to 30.5% and a payout ratio of 75% will mean gearing goes below 30% even as the company funds its -$10m capital expenditure contribution to upgrade the food court.

The broker considers the result demonstrates the quality and resilience of the asset, and the stock is a stand-out investment given its deep discount to net tangible assets. Gearing is expected to continue trending lower. Buy rating retained. Target is $6.22.

FORECAST
Moelis forecasts a full year FY24 dividend of 27.10 cents and EPS of 34.00 cents.
Moelis forecasts a full year FY25 dividend of 27.90 cents and EPS of 33.50 cents.
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CDP STOCK CHART

FNArena News on CDP

1
Australian Broker Call *Extra* Edition – Mar 08, 2024

Mar 08 2024 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Aug 31, 2023

Aug 31 2023 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Jun 29, 2023

Jun 29 2023 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Mar 06, 2023

Mar 06 2023 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Sep 01, 2022

Sep 01 2022 - Daily Market Reports

Latest REITs News

1
Australian Listed Real Estate Tables – 22-07-2024

Jul 22 2024 - Weekly Reports
2
Pros & Cons Of Discounted A-REITs

Jul 16 2024 - Feature Stories
3
Australian Listed Real Estate Tables – 15-07-2024

Jul 15 2024 - Weekly Reports
4
Australian Listed Real Estate Tables – 08-07-2024

Jul 08 2024 - Weekly Reports
5
Australian Listed Real Estate Tables – 01-07-2024

Jul 01 2024 - Weekly Reports
6
Australian Listed Real Estate Tables – 24-06-2024

Jun 24 2024 - Weekly Reports
7
Australian Listed Real Estate Tables – 17-06-2024

Jun 17 2024 - Weekly Reports
8
Australian Listed Real Estate Tables – 03-06-2024

Jun 03 2024 - Weekly Reports
9
Australian Listed Real Estate Tables – 27-05-2024

May 27 2024 - Weekly Reports
10
Australian Listed Real Estate Tables – 20-05-2024

May 20 2024 - Weekly Reports