Centuria Capital Group
Market Cap
AU$1.4b
Last Updated
2021/03/03 07:09 UTC
Data Sources
Company Financials +
Executive Summary
Centuria Capital Group, an investment manager, markets and manages investment products primarily in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with acceptable track record.
Similar Companies
Share Price & News
How has Centuria Capital Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CNI is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CNI's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
1.7%
CNI
1.3%
AU REITs
0.3%
AU Market
1 Year Return
-7.8%
CNI
-11.2%
AU REITs
12.5%
AU Market
Return vs Industry: CNI exceeded the Australian REITs industry which returned -11.9% over the past year.
Return vs Market: CNI underperformed the Australian Market which returned 9.7% over the past year.
Shareholder returns
| CNI | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.7% | 1.3% | 0.3% |
| 30 Day | 0.9% | -0.7% | 2.2% |
| 90 Day | -6.0% | -5.6% | 4.0% |
| 1 Year | 2.6%-7.8% | -7.5%-11.2% | 16.1%12.5% |
| 3 Year | 116.9%74.1% | 29.0%11.9% | 31.1%15.1% |
| 5 Year | 260.7%137.4% | 43.9%12.3% | 62.5%31.3% |
Long-Term Price Volatility Vs. Market
How volatile is Centuria Capital Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
How Many Centuria Capital Group (ASX:CNI) Shares Did Insiders Buy, In The Last Year?1 month ago | Simply Wall St
Here's What Centuria Capital Group's (ASX:CNI) Shareholder Ownership Structure Looks Like2 months ago | Simply Wall St
Did You Participate In Any Of Centuria Capital Group's (ASX:CNI) Incredible 306% Return?Valuation
Is Centuria Capital Group undervalued compared to its fair value and its price relative to the market?
44.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CNI (A$2.35) is trading below our estimate of fair value (A$4.21)
Significantly Below Fair Value: CNI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CNI is poor value based on its PE Ratio (50.6x) compared to the AU REITs industry average (16.7x).
PE vs Market: CNI is poor value based on its PE Ratio (50.6x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: CNI is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: CNI is overvalued based on its PB Ratio (5.7x) compared to the AU REITs industry average (1x).
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Future Growth
How is Centuria Capital Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
17.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNI's forecast earnings growth (17.2% per year) is above the savings rate (2%).
Earnings vs Market: CNI's earnings (17.2% per year) are forecast to grow faster than the Australian market (15.7% per year).
High Growth Earnings: CNI's earnings are forecast to grow, but not significantly.
Revenue vs Market: CNI's revenue (0.2% per year) is forecast to grow slower than the Australian market (5.5% per year).
High Growth Revenue: CNI's revenue (0.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CNI's Return on Equity is forecast to be low in 3 years time (7.8%).
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Past Performance
How has Centuria Capital Group performed over the past 5 years?
21.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNI has a large one-off loss of A$5.8M impacting its December 31 2020 financial results.
Growing Profit Margin: CNI's current net profit margins (14%) are lower than last year (16.1%).
Past Earnings Growth Analysis
Earnings Trend: CNI's earnings have grown significantly by 21.5% per year over the past 5 years.
Accelerating Growth: CNI's earnings growth over the past year (22.9%) exceeds its 5-year average (21.5% per year).
Earnings vs Industry: CNI earnings growth over the past year (22.9%) exceeded the REITs industry -1.2%.
Return on Equity
High ROE: CNI's Return on Equity (-1.4%) is considered low.
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Financial Health
How is Centuria Capital Group's financial position?
Financial Position Analysis
Short Term Liabilities: CNI's short term assets (A$838.9M) exceed its short term liabilities (A$389.9M).
Long Term Liabilities: CNI's short term assets (A$838.9M) exceed its long term liabilities (A$381.9M).
Debt to Equity History and Analysis
Debt Level: CNI's debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: CNI's debt to equity ratio has reduced from 42.6% to 32.1% over the past 5 years.
Debt Coverage: CNI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CNI's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
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Dividend
What is Centuria Capital Group current dividend yield, its reliability and sustainability?
4.13%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CNI's dividend (4.13%) is higher than the bottom 25% of dividend payers in the Australian market (2.11%).
High Dividend: CNI's dividend (4.13%) is low compared to the top 25% of dividend payers in the Australian market (5.43%).
Stability and Growth of Payments
Stable Dividend: CNI's dividend payments have been volatile in the past 10 years.
Growing Dividend: CNI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: CNI is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: CNI's dividends in 3 years are forecast to be covered by earnings (84.8% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
John McBain (64 yo)
1.75yrs
Tenure
AU$2,747,889
Compensation
Mr. John E. McBain, Dip. Urban Valuation, has been Group Joint Chief Executive Officer at Centuria Capital Group (formerly known as Centuria Capital Limited) since June 21, 2019. Mr. McBain served as the G...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD2.15M) is above average for companies of similar size in the Australian market ($USD884.85K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Joint CEO & Executive Director | 1.75yrs | AU$2.75m | 0.44% A$ 6.2m | |
| Joint CEO & Executive Director | 13.33yrs | AU$2.69m | 0.84% A$ 11.7m | |
| Chief Financial Officer | 4.83yrs | AU$1.31m | 0.085% A$ 1.2m | |
| Head of Distribution | 6.5yrs | no data | no data | |
| Group Head of Investor Relations | no data | no data | no data | |
| Chief Marketing Officer | no data | no data | no data | |
| Head of Development | 14.17yrs | AU$220.32k | no data | |
| Head of Portfolio & Asset Management | 5.67yrs | no data | no data | |
| Head of Centuria Life | 3.17yrs | no data | no data | |
| Head of Funds Management | 1.75yrs | no data | no data | |
| Head of Transactions | 3.67yrs | no data | no data | |
| Managing Director of Centuria Heathcare | 1.17yrs | no data | no data |
3.4yrs
Average Tenure
Experienced Management: CNI's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Joint CEO & Executive Director | 1.75yrs | AU$2.75m | 0.44% A$ 6.2m | |
| Joint CEO & Executive Director | 13.33yrs | AU$2.69m | 0.84% A$ 11.7m | |
| Non-Executive Director | 7.58yrs | AU$214.65k | 0.20% A$ 2.9m | |
| Non-Executive Director | 0.083yr | no data | no data | |
| Independent Non-Executive Director | 13.33yrs | AU$205.30k | 0.25% A$ 3.5m | |
| Independent Non-Executive Director | 4.58yrs | AU$109.49k | no data | |
| Independent Non-Executive Director | 7.83yrs | AU$148.27k | 0.12% A$ 1.6m | |
| Director of Centuria Life | no data | no data | no data | |
| Independent Non Executive Chairman | 5yrs | AU$256.63k | 0.063% A$ 879.1k | |
| Independent Non-Executive Director | 0.083yr | no data | no data |
7.6yrs
Average Tenure
59.5yo
Average Age
Experienced Board: CNI's board of directors are considered experienced (7.6 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 been diluted in the past year, with total shares outstanding growing by 24.3%.
Top Shareholders
Company Information
Centuria Capital Group's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Centuria Capital Group
- Ticker: CNI
- Exchange: ASX
- Founded: 2000
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: AU$1.399b
- Shares outstanding: 600.24m
- Website: https://www.centuria.com.au
Location
- Centuria Capital Group
- Chifley Tower
- Level 41
- Sydney
- New South Wales
- 2000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CNI | ASX (Australian Securities Exchange) | Yes | Stapled Securities | AU | AUD | Mar 2002 |
| CNI | CHIA (Chi-X Australia) | Yes | Stapled Securities | AU | AUD | Mar 2002 |
Biography
Centuria Capital Group, an investment manager, markets and manages investment products primarily in Australia. It operates through four segments: Property Funds Management, Investment Bonds Management, Co-...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 07:09 |
| End of Day Share Price | 2021/03/03 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.