CROMWELL PROPERTY GROUP |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.4 AUD | -2.44% |
|
+1.27% | -4.76% |
| Mar. 22 | Cromwell Property Group Declares Dividend for March Quarter | MT |
| Feb. 29 | Cromwell Property Group Widens H1 FY24 Loss; Revenue Rises 1% | MT |
Valuation
| Fiscal Period: Juni | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,583 | 2,352 | 2,290 | 1,977 | 1,401 | 1,048 | - | - |
| Enterprise Value (EV) 1 | 3,838 | 4,349 | 4,311 | 3,857 | 3,136 | 2,774 | 2,740 | 2,705 |
| P/E ratio | 15.4 x | 13 x | 7.45 x | 7.51 x | -3.16 x | -5 x | 8 x | 7.55 x |
| Yield | 6.28% | 8.33% | 8% | 8.61% | 10.3% | 7.63% | 8.18% | 9.61% |
| Capitalization / Revenue | 8.21 x | 5.65 x | 6.1 x | 5.24 x | 3.81 x | 2.7 x | 2.79 x | 2.69 x |
| EV / Revenue | 12.2 x | 10.5 x | 11.5 x | 10.2 x | 8.53 x | 7.14 x | 7.3 x | 6.95 x |
| EV / EBITDA | 18.8 x | 13.3 x | 14.7 x | 12.5 x | 11.2 x | 12.3 x | 12.8 x | 12.1 x |
| EV / FCF | 35.7 x | 21.7 x | 22.8 x | 22.1 x | 21.2 x | 6.37 x | 17.7 x | 17.1 x |
| FCF Yield | 2.8% | 4.6% | 4.38% | 4.53% | 4.72% | 15.7% | 5.65% | 5.86% |
| Price to Book | 1.17 x | 0.91 x | 0.86 x | 0.73 x | 0.63 x | 0.57 x | 0.56 x | 0.53 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 | 0.4000 | 0.4000 | 0.4000 |
| 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: Juni | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 314.6 | 416 | 375.5 | 377.6 | 367.8 | 388.4 | 375.2 | 389 |
| EBITDA 1 | 203.9 | 327.3 | 294.2 | 309.3 | 279.7 | 225.6 | 214.4 | 223.5 |
| EBIT 1 | 201.5 | 254.7 | 260 | 263.8 | 237.4 | 225.6 | 214.3 | 223.3 |
| Operating Margin | 64.05% | 61.23% | 69.24% | 69.86% | 64.55% | 58.07% | 57.13% | 57.39% |
| Earnings before Tax (EBT) 1 | 168.2 | 184.9 | 308.3 | 287.3 | -453.1 | 156 | 150.8 | 156 |
| Net income 1 | 159.9 | 181.1 | 308.2 | 263.2 | -443.8 | -210.3 | 131.8 | 146.9 |
| Net margin | 50.83% | 43.53% | 82.08% | 69.7% | -120.66% | -54.15% | 35.13% | 37.76% |
| EPS 2 | 0.0750 | 0.0694 | 0.1174 | 0.1005 | -0.1695 | -0.0800 | 0.0500 | 0.0530 |
| Free Cash Flow 1 | 107.5 | 200.1 | 188.9 | 174.6 | 148 | 435.5 | 154.9 | 158.6 |
| FCF margin | 34.17% | 48.1% | 50.31% | 46.24% | 40.24% | 112.13% | 41.28% | 40.77% |
| FCF Conversion (EBITDA) | 52.72% | 61.14% | 64.21% | 56.45% | 52.91% | 193.01% | 72.26% | 70.97% |
| FCF Conversion (Net income) | 67.23% | 110.49% | 61.29% | 66.34% | - | - | 117.53% | 107.96% |
| Dividend per Share 2 | 0.0725 | 0.0750 | 0.0700 | 0.0650 | 0.0550 | 0.0305 | 0.0327 | 0.0384 |
| 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 | 1,726 | 1,692 | 1,658 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.154 x | 6.102 x | 6.87 x | 6.077 x | 6.205 x | 7.651 x | 7.894 x | 7.418 x |
| Free Cash Flow 1 | 108 | 200 | 189 | 175 | 148 | 436 | 155 | 159 |
| ROE (net income / shareholders' equity) | 8.35% | 7.59% | 7.32% | 7.42% | 6.44% | 6.89% | 6.69% | 6.89% |
| ROA (Net income/ Total Assets) | 4.86% | 4.17% | 3.85% | 3.99% | 3.42% | 4.26% | 4.25% | 4.44% |
| Assets 1 | 3,290 | 4,343 | 8,012 | 6,589 | -12,970 | -4,941 | 3,098 | 3,312 |
| Book Value Per Share 2 | 0.9900 | 0.9900 | 1.020 | 1.040 | 0.8400 | 0.7000 | 0.7200 | 0.7500 |
| Cash Flow per Share 2 | 0.0600 | 0.0800 | 0.0700 | 0.0700 | 0.0600 | 0.0500 | 0.0400 | 0.0500 |
| 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% | 0.51% | 0.53% | 0.51% |
| 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
0.4
AUD
Average target price
0.5533
AUD
Spread / Average Target
+38.33%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -4.76% | 683M | |
| -6.13% | 3.18B | |
| -10.13% | 2.36B | |
| -11.61% | 1.68B | |
| -22.58% | 1.57B | |
| +12.47% | 964M | |
| +5.46% | 970M | |
| -19.46% | 556M | |
| 0.00% | 458M | |
| -20.52% | 380M |
- Stock Market
- Equities
- CMW Stock
- Financials Cromwell Property Group
