company background image
CHC

Charter Hall GroupASX:CHC Stock Report

Last Price

AU$18.21

Market Cap

AU$8.6b

7D

-1.8%

1Y

36.5%

Updated

17 Jan, 2022

Data

Company Financials +
CHC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends4/6

CHC Stock Overview

With over 30 years’ experience in property investment and funds management, we’re one of Australia’s leading fully integrated property groups.

Charter Hall Group Competitors

Mirvac Group

ASX:MGR

AU$11.0b

GPT Group

ASX:GPT

AU$10.3b

Stockland

ASX:SGP

AU$10.1b

Charter Hall Long WALE REIT

ASX:CLW

AU$3.6b

Price History & Performance

Summary of all time highs, changes and price drops for Charter Hall Group
Historical stock prices
Current Share PriceAU$18.21
52 Week HighAU$22.18
52 Week LowAU$11.53
Beta0.95
1 Month Change-15.73%
3 Month Change6.80%
1 Year Change36.51%
3 Year Change137.73%
5 Year Change293.31%
Change since IPO242.29%

Recent News & Updates

Dec 14
Analysts Just Published A Bright New Outlook For Charter Hall Group's (ASX:CHC)

Analysts Just Published A Bright New Outlook For Charter Hall Group's (ASX:CHC)

Celebrations may be in order for Charter Hall Group ( ASX:CHC ) shareholders, with the analysts delivering a...

Shareholder Returns

CHCAU REITsAU Market
7D-1.8%-3.8%-0.5%
1Y36.5%19.5%10.4%

Return vs Industry: CHC exceeded the Australian REITs industry which returned 19.5% over the past year.

Return vs Market: CHC exceeded the Australian Market which returned 10.4% over the past year.

Price Volatility

Is CHC's price volatile compared to industry and market?
CHC volatility
CHC Average Weekly Movement4.6%
REITs Industry Average Movement3.2%
Market Average Movement8.4%
10% most volatile stocks in AU Market15.2%
10% least volatile stocks in AU Market3.6%

Stable Share Price: CHC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CHC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991471David Harrisonhttps://www.charterhall.com.au

With over 30 years’ experience in property investment and funds management, we’re one of Australia’s leading fully integrated property groups. We use our property expertise to access, deploy, manage and invest equity across our core sectors – office, retail, industrial & logistics and social infrastructure. Operating with prudence, we’ve carefully curated a $41.8 billion plus diverse portfolio of over 1100 high quality, long leased properties.

Charter Hall Group Fundamentals Summary

How do Charter Hall Group's earnings and revenue compare to its market cap?
CHC fundamental statistics
Market CapAU$8.61b
Earnings (TTM)AU$495.60m
Revenue (TTM)AU$1.01b

17.4x

P/E Ratio

8.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CHC income statement (TTM)
RevenueAU$1.01b
Cost of RevenueAU$386.00m
Gross ProfitAU$625.40m
ExpensesAU$129.80m
EarningsAU$495.60m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.05
Gross Margin61.83%
Net Profit Margin49.00%
Debt/Equity Ratio21.9%

How did CHC perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

76%

Payout Ratio

Valuation

Is Charter Hall Group undervalued compared to its fair value and its price relative to the market?

17.38x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CHC (A$18.21) is trading above our estimate of fair value (A$12.25)

Significantly Below Fair Value: CHC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CHC is poor value based on its PE Ratio (17.4x) compared to the Australian REITs industry average (9.8x).

PE vs Market: CHC is good value based on its PE Ratio (17.4x) compared to the Australian market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: CHC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CHC is overvalued based on its PB Ratio (3.6x) compared to the AU REITs industry average (1.2x).


Future Growth

How is Charter Hall Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

-3.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CHC's earnings are forecast to decline over the next 3 years (-3.3% per year).

Earnings vs Market: CHC's earnings are forecast to decline over the next 3 years (-3.3% per year).

High Growth Earnings: CHC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CHC's revenue is expected to decline over the next 3 years (-2.7% per year).

High Growth Revenue: CHC's revenue is forecast to decline over the next 3 years (-2.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CHC's Return on Equity is forecast to be low in 3 years time (14.2%).


Past Performance

How has Charter Hall Group performed over the past 5 years?

11.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CHC has high quality earnings.

Growing Profit Margin: CHC's current net profit margins (49%) are higher than last year (47.6%).


Past Earnings Growth Analysis

Earnings Trend: CHC's earnings have grown by 11.5% per year over the past 5 years.

Accelerating Growth: CHC's earnings growth over the past year (42.4%) exceeds its 5-year average (11.5% per year).

Earnings vs Industry: CHC earnings growth over the past year (42.4%) underperformed the REITs industry 106.4%.


Return on Equity

High ROE: CHC's Return on Equity (19.8%) is considered low.


Financial Health

How is Charter Hall Group's financial position?


Financial Position Analysis

Short Term Liabilities: CHC's short term assets (A$499.1M) exceed its short term liabilities (A$193.9M).

Long Term Liabilities: CHC's short term assets (A$499.1M) do not cover its long term liabilities (A$582.0M).


Debt to Equity History and Analysis

Debt Level: CHC's net debt to equity ratio (7.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if CHC's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CHC's debt is well covered by operating cash flow (41.1%).

Interest Coverage: CHC's interest payments on its debt are well covered by EBIT (57.6x coverage).


Balance Sheet


Dividend

What is Charter Hall Group current dividend yield, its reliability and sustainability?

2.16%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CHC's dividend (2.16%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.18%).

High Dividend: CHC's dividend (2.16%) is low compared to the top 25% of dividend payers in the Australian market (5.39%).


Stability and Growth of Payments

Stable Dividend: CHC's dividends per share have been stable in the past 10 years.

Growing Dividend: CHC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (75.9%), CHC's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CHC's dividends in 3 years are forecast to be well covered by earnings (48.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average management tenure


CEO

David Harrison (55 yo)

17.25yrs

Tenure

AU$5,428,460

Compensation

Mr. David William Harrison has been Group Chief Executive Officer and Managing Director at Charter Hall Group since February 16, 2016. He is responsible for all aspects of the Charter Hall business, with s...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD3.92M) is above average for companies of similar size in the Australian market ($USD2.36M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CHC's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: CHC's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Charter Hall Group's employee growth, exchange listings and data sources


Key Information

  • Name: Charter Hall Group
  • Ticker: CHC
  • Exchange: ASX
  • Founded: 1991
  • Industry: Diversified REITs
  • Sector: Real Estate
  • Implied Market Cap: AU$8.613b
  • Shares outstanding: 473.00m
  • Website: https://www.charterhall.com.au

Number of Employees


Location

  • Charter Hall Group
  • No. 1 Martin Place
  • Level 20
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 16:28
End of Day Share Price2022/01/17 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.