CENTURIA INDUSTRIAL REIT (CIP)
Share Price Analysis and Chart

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CIP

CIP - CENTURIA INDUSTRIAL REIT

FNArena Sector : REITs
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 9.94
Index: ASX200 | ASX300 | ALL-ORDS

Centuria Industrial is an Australian Real Estate Investment Trust with a portfolio of large industrial properties across Australia. Established in 2002, it became a listed entity in 2012.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.93

20 Feb
2025

0.000

OPEN

$2.91

0.000

HIGH

$2.94

1,254,982

LOW

$2.90

TARGET
$3.487 19.0% upside
OTHER COMPANIES IN THE SAME SECTOR
ABG . AOF . ARF . ASK . BWP . CDP . CDP . CHC . CLW . COF . CQE . CQR . DGT . DXC . DXI . DXS . ECF . GDF . GDI . HCW . HDN . NSR . PLG . REP . RFF . RGN . SCG . TGP . URW . VCX . WOT . WPR .
FNARENA'S MARKET CONSENSUS FORECASTS
CIP: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 7.6 17.7 xxx
DPS (cps) xxx 16.0 16.2 xxx
EPS Growth xxx N/A 100.0% xxx
DPS Growth xxx 0.0% 1.5% xxx
PE Ratio xxx N/A 16.6 xxx
Dividend Yield xxx N/A 5.5% xxx
Div Pay Ratio(%) xxx 211.1% 91.8% xxx

Dividend yield today if purchased 3 years ago: 4.29%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.46

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: 30/12 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx7.6
DPS All xxxxxxxxxxxxxxx16.0
Sales/Revenue xxxxxxxxxxxxxxx224.8 M
Book Value Per Share xxxxxxxxxxxxxxx387.1
Net Operating Cash Flow xxxxxxxxxxxxxxx95.5 M
Net Profit Margin xxxxxxxxxxxxxxx21.42 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx1.94 %
Return on Invested Capital xxxxxxxxxxxxxxx1.27 %
Return on Assets xxxxxxxxxxxxxxx1.24 %
Return on Equity xxxxxxxxxxxxxxx1.94 %
Return on Total Capital xxxxxxxxxxxxxxx3.54 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-6.0 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 xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx1,335 M
Total Debt xxxxxxxxxxxxxxx1,335 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx17 M
Price To Book Value xxxxxxxxxxxxxxx0.78

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx0.0 M
Capex % of Sales xxxxxxxxxxxxxxx0.00 %
Cost of Goods Sold xxxxxxxxxxxxxxx74 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx17 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx3,715 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

0.4

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxx xx xxxxxxxxxx xxxx xxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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UBS

15/08/2024

1

Buy

$3.80

(01/10/2024)

29.69%

It is UBS's assessment Centuria Industrial REIT released FY24 results in line with forecasts but the outlook provided was softer than anticipated, albeit not dramatically so.

Guided FFO/DPU of 17.5c/16.3c proved -0.1c below consensus of 17.6c/16.4c, the broker reports.

H2 revealed a deceleration in key financial metrics, the broker notes. A cheap valuation and sound longer term fundamentals keep the Buy rating in place.

Target $3.55. Minor adjustments have been made to forecasts.

FORECAST
UBS forecasts a full year FY25 dividend of 16.00 cents and EPS of 18.00 cents.
UBS forecasts a full year FY26 dividend of 17.00 cents and EPS of 19.00 cents.

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

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

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Jarden

06/08/2024

2

Overweight

$3.65

24.57%

Centuria Industrial REIT's FY24 result appears to have met Jarden's forecasts and the broker suspects guidance could prove conservative given the company's strong progress on leasing and net operating income, which it expects will offset a 60-basis-point rise in the REIT's weighted average cost of debt.

Jarden raises forecasts to sit 1.1% above FY25 guidance and perceives the risk to be to the upside. FFOps rises 1% in FY25, 0.6% in FY26 and 0.1%. DPU forecasts fall -0.5% in FY25 and FY26.

Overweight rating and $3.65 target price retained.

FORECAST
Jarden forecasts a full year FY25 dividend of 16.30 cents and EPS of 17.70 cents.
Jarden forecasts a full year FY26 dividend of 16.40 cents and EPS of 17.80 cents.
Access Extra Coverage Research History >

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