Carindale Property Trust Future Growth

Future criteria checks 3/6

Carindale Property Trust's revenue is forecast to decline at 9.2% per annum while its annual earnings are expected to grow at 59.3% per year. EPS is expected to grow by 37.2% per annum. Return on equity is forecast to be 4.8% in 3 years.

Key information

59.3%

Earnings growth rate

37.2%

EPS growth rate

Retail REITs earnings growth	17.0%
Revenue growth rate	-9.2%
Future return on equity	4.8%
Analyst coverage	Low
Last updated	26 Aug 2024

Recent future growth updates

Recent updates

Would Shareholders Who Purchased Carindale Property Trust's (ASX:CDP) Stock Five Years Be Happy With The Share price Today?

Mar 10

How Much Did Carindale Property Trust's(ASX:CDP) Shareholders Earn From Share Price Movements Over The Last Three Years?

Nov 25

Earnings and Revenue Growth Forecasts

ASX:CDP - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	46	N/A	N/A	30	1
6/30/2026	44	48	N/A	28	2
6/30/2025	43	46	N/A	27	1
6/30/2024	58	8	26	26	N/A
3/31/2024	57	3	26	26	N/A
12/31/2023	56	-1	26	26	N/A
9/30/2023	56	4	27	27	N/A
6/30/2023	55	8	28	28	N/A
3/31/2023	54	33	27	27	N/A
12/31/2022	54	58	26	26	N/A
9/30/2022	53	62	27	27	N/A
6/30/2022	53	67	28	28	N/A
3/31/2022	52	55	27	27	N/A
12/31/2021	51	43	26	26	N/A
9/30/2021	51	41	25	25	N/A
6/30/2021	50	39	24	24	N/A
3/31/2021	50	-34	21	21	N/A
12/31/2020	50	-108	18	18	N/A
9/30/2020	51	-108	17	17	N/A
6/30/2020	52	-108	16	16	N/A
3/31/2020	52	-44	21	21	N/A
12/31/2019	53	20	25	25	N/A
9/30/2019	53	20	25	25	N/A
6/30/2019	53	19	26	26	N/A
3/31/2019	54	20	27	27	N/A
12/31/2018	55	21	28	28	N/A
9/30/2018	55	24	28	28	N/A
6/30/2018	56	27	28	28	N/A
3/31/2018	56	28	N/A	28	N/A
12/31/2017	56	30	N/A	28	N/A
9/30/2017	56	37	N/A	28	N/A
6/30/2017	56	44	N/A	28	N/A
3/31/2017	56	54	N/A	28	N/A
12/31/2016	56	64	N/A	28	N/A
9/30/2016	56	56	N/A	28	N/A
6/30/2016	56	49	N/A	27	N/A
3/31/2016	56	47	N/A	23	N/A
12/31/2015	56	44	N/A	19	N/A
9/30/2015	56	50	N/A	22	N/A
6/30/2015	55	56	N/A	26	N/A
3/31/2015	55	68	N/A	31	N/A
12/31/2014	54	80	N/A	36	N/A
9/30/2014	54	76	N/A	36	N/A
6/30/2014	53	72	N/A	36	N/A
3/31/2014	53	54	N/A	36	N/A
12/31/2013	52	35	N/A	36	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CDP's forecast earnings growth (59.3% per year) is above the savings rate (2.6%).

Earnings vs Market: CDP's earnings (59.3% per year) are forecast to grow faster than the Australian market (12.4% per year).

High Growth Earnings: CDP's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CDP's revenue is expected to decline over the next 3 years (-9.2% per year).

High Growth Revenue: CDP's revenue is forecast to decline over the next 3 years (-9.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CDP's Return on Equity is forecast to be low in 3 years time (4.8%).

Carindale Property Trust Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 9.0% to AU$5.76

Consensus EPS estimates fall by 16%

Price target increased to AU$5.96

Price target increased to AU$5.96

Consensus forecasts updated

Price target increased to AU$5.39

Recent updates

Carindale Property Trust Appoints Craig Douglas Mitchell as Director, Effective 14 October 2024

Full year 2024 earnings: EPS misses analyst expectations

Carindale Property Trust Announces Final Distribution for the Six-Month Period to 30 June 2024, Payable on August 30, 2024

First half 2024 earnings released: FFO per share: AU$0.2 (vs AU$0.18 in 1H 2023)

Carindale Property Trust Announces Estimated Dividend for the Period of Six Months Ending December 31, 2023, Payable on February 29, 2024

Price target increased by 9.0% to AU$5.76

Now 21% undervalued after recent price drop

Now 23% undervalued after recent price drop

High number of new directors

Carindale Property Trust Announces Dividend for the Six Months Period Ended June 30, 2023, Payable on August 31, 2023

Full year 2023 earnings: EPS misses analyst expectations

Now 20% undervalued after recent price drop

Now 23% undervalued

Consensus EPS estimates fall by 16%

First half 2023 earnings released: FFO per share: AU$0.2 (vs AU$0.18 in 1H 2022)

Upcoming dividend of AU$0.13 per share

Carindale Property Trust to Report First Half, 2023 Results on Feb 22, 2023

Carindale Property Trust Announces Dividend for the Period of Six Months Ended December 31, 2022, Payable on February 28, 2023

High number of new directors

High number of new directors

Carindale Property Trust Appoints Stephen Barry McCann as Director

Carindale Property Trust Announces Dividend Payment for the Six Months Ended June 30, 2022, Payable on 31 August, 2022

Carindale Property Trust to Report Fiscal Year 2022 Results on Aug 23, 2022

Carindale Property Trust Announces Dividend for the Period Ending June 30, 2022, Payable on August 31, 2022

Price target increased to AU$5.96

High number of new directors

Price target increased to AU$5.96

Carindale Property Trust Appoints Catherine Michelle Brenner as Director

Consensus forecasts updated

First half 2022 earnings: EPS and revenues exceed analyst expectations

First half 2022 earnings: EPS and revenues exceed analyst expectations

Carindale Property Trust Provides Dividend Guidance for the Year Ending 30 June 2022

Upcoming dividend of AU$0.13 per share

Full year 2021 earnings released: FFO AU$0.34 per share (vs AU$0.29 in FY 2020)

Price target increased to AU$5.39

Would Shareholders Who Purchased Carindale Property Trust's (ASX:CDP) Stock Five Years Be Happy With The Share price Today?

First half 2021 earnings released: FFO AU$0.16 per share (vs AU$0.18 in 1H 2020)

Upcoming Dividend of AU$0.12 Per Share

New 90-day high: AU$4.25

How Much Did Carindale Property Trust's(ASX:CDP) Shareholders Earn From Share Price Movements Over The Last Three Years?

Price target raised to AU$4.60

Carindale Property Trust Provides No Earnings Guidance for the Year Ending 30 June 2021

Earnings released

Carindale Property Trust to Report Fiscal Year 2020 Results on Aug 25, 2020

New 90-day low - AU$3.01

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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