CROMWELL PROPERTY GROUP |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.42 AUD | +1.20% |
|
+6.33% | 0.00% |
| Jun. 24 | Cromwell Property Group to Pay Quarterly Dividend Aug. 16 | MT |
| May. 23 | Cromwell Property Group Sells European Fund Management Platform for AU$457 Million | MT |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,583 | 2,352 | 2,290 | 1,977 | 1,401 | 1,087 | - | - |
| Enterprise Value (EV) 1 | 3,838 | 4,349 | 4,311 | 3,857 | 3,136 | 2,118 | 1,649 | 1,643 |
| P/E ratio | 15.4 x | 13 x | 7.45 x | 7.51 x | -3.16 x | - | - | - |
| Yield | 6.28% | 8.33% | 8% | 8.61% | 10.3% | 7.36% | 7.48% | 7.85% |
| Capitalization / Revenue | 8.21 x | 5.65 x | 6.1 x | 5.24 x | 3.81 x | 3.01 x | 4.56 x | 4.53 x |
| EV / Revenue | 12.2 x | 10.5 x | 11.5 x | 10.2 x | 8.53 x | 5.87 x | 6.92 x | 6.85 x |
| EV / EBITDA | 18.8 x | 13.3 x | 14.7 x | 12.5 x | 11.2 x | 11.1 x | 11.8 x | 11.5 x |
| EV / FCF | 35.7 x | 21.7 x | 22.8 x | 22.1 x | 21.2 x | 3.39 x | 16.6 x | 16.8 x |
| FCF Yield | 2.8% | 4.6% | 4.38% | 4.53% | 4.72% | 29.5% | 6.03% | 5.96% |
| Price to Book | 1.17 x | 0.91 x | 0.86 x | 0.73 x | 0.63 x | 0.59 x | 0.6 x | 0.58 x |
| Nbr of stocks (in thousands) | 2,236,643 | 2,612,872 | 2,617,471 | 2,618,867 | 2,618,867 | 2,618,867 | - | - |
| Reference price 2 | 1.155 | 0.9000 | 0.8750 | 0.7550 | 0.5350 | 0.4150 | 0.4150 | 0.4150 |
| Announcement Date | 8/28/19 | 8/26/20 | 8/25/21 | 8/24/22 | 8/30/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 314.6 | 416 | 375.5 | 377.6 | 367.8 | 360.6 | 238.4 | 239.8 |
| EBITDA 1 | 203.9 | 327.3 | 294.2 | 309.3 | 279.7 | 190 | 140 | 143 |
| EBIT 1 | 201.5 | 254.7 | 260 | 263.8 | 237.4 | 212.2 | 143.5 | 139.5 |
| Operating Margin | 64.05% | 61.23% | 69.24% | 69.86% | 64.55% | 58.83% | 60.2% | 58.15% |
| Earnings before Tax (EBT) 1 | 168.2 | 184.9 | 308.3 | 287.3 | -453.1 | 120 | 87 | 85 |
| Net income | 159.9 | 181.1 | 308.2 | 263.2 | -443.8 | - | - | - |
| Net margin | 50.83% | 43.53% | 82.08% | 69.7% | -120.66% | - | - | - |
| EPS | 0.0750 | 0.0694 | 0.1174 | 0.1005 | -0.1695 | - | - | - |
| Free Cash Flow 1 | 107.5 | 200.1 | 188.9 | 174.6 | 148 | 625.4 | 99.5 | 98 |
| FCF margin | 34.17% | 48.1% | 50.31% | 46.24% | 40.24% | 173.43% | 41.75% | 40.86% |
| FCF Conversion (EBITDA) | 52.72% | 61.14% | 64.21% | 56.45% | 52.91% | 329.18% | 71.07% | 68.53% |
| FCF Conversion (Net income) | 67.23% | 110.49% | 61.29% | 66.34% | - | - | - | - |
| Dividend per Share 2 | 0.0725 | 0.0750 | 0.0700 | 0.0650 | 0.0550 | 0.0305 | 0.0310 | 0.0326 |
| Announcement Date | 8/28/19 | 8/26/20 | 8/25/21 | 8/24/22 | 8/30/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 234 | - | - | 191 | - | - | - | 183.8 | - | - | - |
| EBITDA | 189.1 | - | - | 142.7 | - | - | - | 134.7 | - | - | - |
| EBIT | 172.6 | - | - | - | - | - | - | 148.9 | 143.2 | - | - |
| Operating Margin | 73.76% | - | - | - | - | - | - | 81.01% | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | -46.2 | - | - | 132.5 | 130.7 | -129.5 | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | 0.0504 | 0.0501 | -0.0494 | - | - | - | - |
| Dividend per Share 1 | 0.0380 | 0.0370 | 0.0375 | 0.0375 | 0.0330 | 0.0325 | 0.0275 | 0.0275 | 0.0158 | 0.0200 | 0.0200 |
| Announcement Date | 2/26/20 | 8/26/20 | - | 8/25/21 | 2/23/22 | 8/24/22 | 2/26/23 | 8/30/23 | 2/28/24 | - | - |
1AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,255 | 1,997 | 2,021 | 1,880 | 1,735 | 1,032 | 563 | 556 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.154 x | 6.102 x | 6.87 x | 6.077 x | 6.205 x | 5.43 x | 4.019 x | 3.891 x |
| Free Cash Flow 1 | 108 | 200 | 189 | 175 | 148 | 625 | 99.5 | 98 |
| ROE (net income / shareholders' equity) | 8.35% | 7.59% | 7.32% | 7.42% | 6.44% | 6.55% | 5.38% | 5.4% |
| ROA (Net income/ Total Assets) | 4.86% | 4.17% | 3.85% | 3.99% | 3.42% | 4.12% | 3.63% | 3.87% |
| Assets | 3,290 | 4,343 | 8,012 | 6,589 | -12,970 | - | - | - |
| Book Value Per Share 2 | 0.9900 | 0.9900 | 1.020 | 1.040 | 0.8400 | 0.7000 | 0.6900 | 0.7100 |
| Cash Flow per Share 2 | 0.0600 | 0.0800 | 0.0700 | 0.0700 | 0.0600 | 0.0500 | 0.0300 | 0.0300 |
| Capex 1 | 27.5 | 1.1 | 1.7 | 0.6 | 1.2 | 2 | 2 | 2 |
| Capex / Sales | 8.74% | 0.26% | 0.45% | 0.16% | 0.33% | 0.55% | 0.84% | 0.83% |
| Announcement Date | 8/28/19 | 8/26/20 | 8/25/21 | 8/24/22 | 8/30/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
0.415
AUD
Average target price
0.54
AUD
Spread / Average Target
+30.12%
| 1st Jan change | Capi. | |
|---|---|---|
| 0.00% | 737M | |
| -4.71% | 3.3B | |
| -7.04% | 2.53B | |
| +14.73% | 2.24B | |
| -27.61% | 1.5B | |
| +21.85% | 1.16B | |
| +4.11% | 842M | |
| -29.75% | 484M | |
| 0.00% | 468M | |
| -12.18% | 417M |
- Stock Market
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- CMW Stock
- Financials Cromwell Property Group
