Charter Hall Group
Market Cap
AU$5.8b
Last Updated
2021/03/02 07:02 UTC
Data Sources
Company Financials +
Executive Summary
With over 30 years’ experience in property investment and funds management, we’re one of Australia’s leading fully integrated property groups. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Charter Hall Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
Market Performance
7 Day Return
-0.7%
CHC
3.7%
AU REITs
-0.3%
AU Market
1 Year Return
0.8%
CHC
-10.1%
AU REITs
11.2%
AU Market
Return vs Industry: CHC exceeded the Australian REITs industry which returned -10.1% over the past year.
Return vs Market: CHC underperformed the Australian Market which returned 11.2% over the past year.
Shareholder returns
| CHC | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.7% | 3.7% | -0.3% |
| 30 Day | -9.5% | 0.1% | 2.7% |
| 90 Day | -12.3% | -5.8% | 4.4% |
| 1 Year | 4.0%0.8% | -6.4%-10.1% | 14.7%11.2% |
| 3 Year | 136.7%112.4% | 28.6%11.6% | 30.8%15.1% |
| 5 Year | 242.4%175.0% | 47.1%14.7% | 62.3%30.7% |
Long-Term Price Volatility Vs. Market
How volatile is Charter Hall Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Read This Before Buying Charter Hall Group (ASX:CHC) Shares1 month ago | Simply Wall St
Here's Why We Think Charter Hall Group (ASX:CHC) Is Well Worth Watching1 month ago | Simply Wall St
Shareholders Of Charter Hall Group (ASX:CHC) Must Be Happy With Their 300% Total ReturnValuation
Is Charter Hall Group undervalued compared to its fair value and its price relative to the market?
19.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CHC (A$12.32) is trading below our estimate of fair value (A$15.34)
Significantly Below Fair Value: CHC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CHC is poor value based on its PE Ratio (27.3x) compared to the AU REITs industry average (16.8x).
PE vs Market: CHC is poor value based on its PE Ratio (27.3x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: CHC is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: CHC is overvalued based on its PB Ratio (2.7x) compared to the AU REITs industry average (1x).
Next Steps
Future Growth
How is Charter Hall Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
19.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CHC's forecast earnings growth (19% per year) is above the savings rate (2%).
Earnings vs Market: CHC's earnings (19% per year) are forecast to grow faster than the Australian market (15.4% per year).
High Growth Earnings: CHC's earnings are forecast to grow, but not significantly.
Revenue vs Market: CHC's revenue (9% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: CHC's revenue (9% per year) is forecast to grow slower than 20% 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 (14.1%).
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Past Performance
How has Charter Hall Group performed over the past 5 years?
8.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CHC has high quality earnings.
Growing Profit Margin: CHC's current net profit margins (35.9%) are lower than last year (52.3%).
Past Earnings Growth Analysis
Earnings Trend: CHC's earnings have grown by 8.2% per year over the past 5 years.
Accelerating Growth: CHC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CHC had negative earnings growth (-49.8%) over the past year, making it difficult to compare to the REITs industry average (-2.2%).
Return on Equity
High ROE: CHC's Return on Equity (9.4%) is considered low.
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Financial Health
How is Charter Hall Group's financial position?
Financial Position Analysis
Short Term Liabilities: CHC's short term assets (A$389.6M) exceed its short term liabilities (A$165.1M).
Long Term Liabilities: CHC's short term assets (A$389.6M) exceed its long term liabilities (A$352.4M).
Debt to Equity History and Analysis
Debt Level: CHC's debt to equity ratio (14.4%) 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 (122.4%).
Interest Coverage: CHC's interest payments on its debt are well covered by EBIT (23.2x coverage).
Balance Sheet
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Dividend
What is Charter Hall Group current dividend yield, its reliability and sustainability?
3.01%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CHC's dividend (3.01%) is higher than the bottom 25% of dividend payers in the Australian market (2.08%).
High Dividend: CHC's dividend (3.01%) is low compared to the top 25% of dividend payers in the Australian market (5.35%).
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: With its reasonably low payout ratio (42.2%), CHC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CHC's dividends in 3 years are forecast to be covered by earnings (61.2% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
3.9yrs
Average management tenure
CEO
David Harrison (54 yo)
16.42yrs
Tenure
AU$4,783,605
Compensation
Mr. David William Harrison has been Group Chief Executive Officer and Managing Director at Charter Hall Group since February 16, 2016. He is responsible for all aspects of the Charter Hall business, with s...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD3.72M) is above average for companies of similar size in the Australian market ($USD1.79M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, Group CEO & Director | 16.42yrs | AU$4.78m | 0.30% A$ 17.7m | |
| Chief Financial Officer | 3.67yrs | AU$2.28m | 0.015% A$ 875.9k | |
| Chief Investment Officer | 4.75yrs | AU$2.31m | 0.056% A$ 3.3m | |
| no data | AU$197.19k | no data | ||
| Chief Information & Technology Officer | 1.75yrs | no data | no data | |
| Head of Listed Investor Relations | 5.17yrs | no data | no data | |
| Group General Counsel & Company Secretary | no data | no data | no data | |
| Industrial & Logistics CEO | 2.67yrs | AU$989.07k | no data | |
| Chief Experience Officer | 1.75yrs | AU$539.04k | no data | |
| Retail Chief Executive Officer | 4.17yrs | AU$1.21m | no data | |
| Direct Chief Executive Officer | no data | no data | no data | |
| Head of Group Finance | no data | no data | no data |
3.9yrs
Average Tenure
Experienced Management: CHC's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, Group CEO & Director | 16.42yrs | AU$4.78m | 0.30% A$ 17.7m | |
| Independent Non-Executive Chairman | 6.33yrs | AU$393.60k | 0.0098% A$ 574.4k | |
| Independent Non-Executive Director | 4.5yrs | AU$199.62k | 0.0050% A$ 289.8k | |
| Independent Non Executive Director | 2.33yrs | AU$189.11k | 0.0031% A$ 179.0k | |
| Independent Non-Executive Director | 8.08yrs | AU$192.25k | 0.0039% A$ 229.8k | |
| Independent Non-Executive Director | 10.42yrs | AU$210.12k | 0.0064% A$ 375.6k | |
| Independent Non-Executive Director | 4.25yrs | AU$182.45k | no data | |
| Independent Non-Executive Director | 0.083yr | no data | no data |
5.4yrs
Average Tenure
62yo
Average Age
Experienced Board: CHC's board of directors are considered experienced (5.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CHC 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 company bio, 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
- Market Cap: AU$5.832b
- Shares outstanding: 465.78m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CHC | ASX (Australian Securities Exchange) | Yes | Stapled Securities | AU | AUD | Jun 2006 |
| CTOU.F | OTCPK (Pink Sheets LLC) | Yes | Stapled Securities | US | USD | Jun 2006 |
| CHC | CHIA (Chi-X Australia) | Yes | Stapled Securities | AU | AUD | Jun 2006 |
Biography
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 in...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/02 07:02 |
| End of Day Share Price | 2021/03/02 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.