CHARTER HALL SOCIAL INFRASTRUCTURE REIT (CQE)
Share Price Analysis and Chart

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CQE - CHARTER HALL SOCIAL INFRASTRUCTURE REIT

FNArena Sector : Childcare
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 12.92
Index: ASX200 | ASX300 | ALL-ORDS

Charter Hall's Social Infrastructure fund is a real estate investment trust with assets including childcare centres, bus depots and police and justice services facilities. It listed in 2003.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.59

30 Jan
2025

-0.020

OPEN

$2.63

-0.77%

HIGH

$2.63

443,061

LOW

$2.58

TARGET
$3.20 23.6% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
GEM . MFD . NDO .
FNARENA'S MARKET CONSENSUS FORECASTS
CQE: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 5.3 N/A xxx
DPS (cps) xxx N/A N/A xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 4.04%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 6.15

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: 27/03 - ex-div 4c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-5.3
DPS All xxxxxxxxxxxxxxx16.0
Sales/Revenue xxxxxxxxxxxxxxx118.4 M
Book Value Per Share xxxxxxxxxxxxxxx381.8
Net Operating Cash Flow xxxxxxxxxxxxxxx56.2 M
Net Profit Margin xxxxxxxxxxxxxxx-16.55 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-1.35 %
Return on Invested Capital xxxxxxxxxxxxxxx-0.90 %
Return on Assets xxxxxxxxxxxxxxx-0.88 %
Return on Equity xxxxxxxxxxxxxxx-1.35 %
Return on Total Capital xxxxxxxxxxxxxxx2.56 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-

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 xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx724 M
Total Debt xxxxxxxxxxxxxxx725 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx12 M
Price To Book Value xxxxxxxxxxxxxxx0.62

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 xxxxxxxxxxxxxxx33 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx29 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1,977 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

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

24/01/2025

1

Buy

$3.20

23.55%

Ord Minnett has reviewed the property sector earnings forecasts, taking into account expectations commercial property is at the bottom of the cycle, while residential remains challenged.

The broker expects an uptick in retail rental growth on sales estimates of 2%-3% in 2025 with an increase in average daily office attendance to almost four days a week, and believes national office vacancy rates have topped out near 18%.

Regarding logistics, the broker points to a slowdown in demand and landlords' incentives offering discounts of between -15% to -20%. Vacancy rates are forecast to peak at 3%-4%, with book value write-downs of -5% for logistics.

Residential will continue to be challenged by high rates, the analyst notes, and affordability remains an issue.

Ord Minnett's top picks in the sector are Dexus, Scentre Group, Vicinity Centres, and Goodman Group, with a preference for Charter Hall Social, Growthpoint, and Arena in the smaller REIT cap space.

Charter Hall Social Infrastructure REIT is Buy rated with a higher target of $3.20 from $3.15.
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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

3

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

xxxxxxx xx xxx xxxx xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Canaccord Genuity

20/08/2024

1

Upgrade to Buy from Hold

$2.84

9.65%

Charter Hall Social Infrastructure REIT delivered FY24 results that were in line with expectations. The FY25 distribution guidance was -9% below Canaccord Genuity's forecasts.

This stemmed from a hedging reset, which the broker believes will increase the level of growth over the medium to longer term as it essentially brings forward debt costs.

The valuation is also becoming more attractive on a yield spread basis and, with the ongoing recycling of portfolio assets, in turn could support a narrowing of the discount to NTA. The broker upgrades to Buy from Hold and reduces the target to $2.84 from $2.95.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 15.00 cents and EPS of 15.40 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 16.00 cents and EPS of 16.30 cents.

Jarden

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Extra Coverage Research History >

CQE STOCK CHART

FNArena News on CQE

1
The Case For Charter Hall

Oct 07 2024 - Australia
2
In Case You Missed It – BC Extra Upgrades & Downgrades – 23-08-24

Aug 23 2024 - Weekly Reports
3
Australian Broker Call *Extra* Edition – Aug 20, 2024

Aug 20 2024 - Daily Market Reports
4
In Case You Missed It – BC Extra Upgrades & Downgrades – 21-06-24

Jun 21 2024 - Weekly Reports
5
Australian Broker Call *Extra* Edition – Jun 21, 2024

Jun 21 2024 - Daily Market Reports

Latest Childcare News

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Jun 26 2020 - Weekly Reports
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