| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
CQE Stock Overview
Charter Hall Social Infrastructure REIT is the largest Australian ASX-listed real estate investment trust (A-REIT) that invests in social infrastructure properties.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$3.89 |
| 52 Week High | AU$4.16 |
| 52 Week Low | AU$2.93 |
| Beta | 0.94 |
| 1 Month Change | -0.26% |
| 3 Month Change | 6.87% |
| 1 Year Change | 25.08% |
| 3 Year Change | 26.30% |
| 5 Year Change | 58.78% |
| Change since IPO | 208.73% |
Recent News & Updates
Shareholder Returns
| CQE | AU REITs | AU Market | |
|---|---|---|---|
| 7D | -2.5% | -3.8% | -0.5% |
| 1Y | 25.1% | 19.5% | 10.4% |
Return vs Industry: CQE exceeded the Australian REITs industry which returned 19.5% over the past year.
Return vs Market: CQE exceeded the Australian Market which returned 10.4% over the past year.
Price Volatility
| CQE volatility | |
|---|---|
| CQE Average Weekly Movement | 3.5% |
| REITs Industry Average Movement | 3.2% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in AU Market | 15.2% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: CQE is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CQE's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | n/a | n/a | https://www.charterhall.com.au/investments/funds/cqe |
Charter Hall Social Infrastructure REIT is the largest Australian ASX-listed real estate investment trust (A-REIT) that invests in social infrastructure properties. Charter Hall Social Infrastructure REIT is managed by Charter Hall Group (ASX:CHC). With over 29 years’ experience in property investment and funds management, we’re one of Australia’s leading fully integrated property groups.
Charter Hall Social Infrastructure REIT Fundamentals Summary
| CQE fundamental statistics | |
|---|---|
| Market Cap | AU$1.42b |
| Earnings (TTM) | AU$174.10m |
| Revenue (TTM) | AU$104.00m |
8.1x
P/E Ratio13.6x
P/S RatioIs CQE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CQE income statement (TTM) | |
|---|---|
| Revenue | AU$104.00m |
| Cost of Revenue | AU$22.70m |
| Gross Profit | AU$81.30m |
| Expenses | -AU$92.80m |
| Earnings | AU$174.10m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 17, 2022
| Earnings per share (EPS) | 0.48 |
| Gross Margin | 78.17% |
| Net Profit Margin | 167.40% |
| Debt/Equity Ratio | 25.2% |
How did CQE perform over the long term?
See historical performance and comparisonDividends
4.0%
Current Dividend Yield81%
Payout RatioValuation
Is Charter Hall Social Infrastructure REIT undervalued compared to its fair value and its price relative to the market?
30.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CQE (A$3.89) is trading below our estimate of fair value (A$5.63)
Significantly Below Fair Value: CQE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CQE is good value based on its PE Ratio (8.1x) compared to the Australian REITs industry average (9.8x).
PE vs Market: CQE is good value based on its PE Ratio (8.1x) compared to the Australian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: CQE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CQE's PB Ratio (1.2x) is in line with the AU REITs industry average.
Future Growth
How is Charter Hall Social Infrastructure REIT forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
-15.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CQE's earnings are forecast to decline over the next 3 years (-15.8% per year).
Earnings vs Market: CQE's earnings are forecast to decline over the next 3 years (-15.8% per year).
High Growth Earnings: CQE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CQE's revenue (3.1% per year) is forecast to grow slower than the Australian market (4.9% per year).
High Growth Revenue: CQE's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CQE's Return on Equity is forecast to be low in 3 years time (5.7%).
Past Performance
How has Charter Hall Social Infrastructure REIT performed over the past 5 years?
-1.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CQE has a large one-off gain of A$101.9M impacting its June 30 2021 financial results.
Growing Profit Margin: CQE's current net profit margins are higher than last year (96.5%).
Past Earnings Growth Analysis
Earnings Trend: CQE's earnings have declined by 1% per year over the past 5 years.
Accelerating Growth: CQE's earnings growth over the past year (103.4%) exceeds its 5-year average (-1% per year).
Earnings vs Industry: CQE earnings growth over the past year (103.4%) underperformed the REITs industry 106.4%.
Return on Equity
High ROE: CQE's Return on Equity (14.8%) is considered low.
Financial Health
How is Charter Hall Social Infrastructure REIT's financial position?
Financial Position Analysis
Short Term Liabilities: CQE's short term assets (A$14.0M) do not cover its short term liabilities (A$62.0M).
Long Term Liabilities: CQE's short term assets (A$14.0M) do not cover its long term liabilities (A$301.7M).
Debt to Equity History and Analysis
Debt Level: CQE's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: CQE's debt to equity ratio has reduced from 38.7% to 25.2% over the past 5 years.
Debt Coverage: CQE's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: CQE's interest payments on its debt are well covered by EBIT (18x coverage).
Balance Sheet
Dividend
What is Charter Hall Social Infrastructure REIT current dividend yield, its reliability and sustainability?
4.04%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CQE's dividend (4.04%) is higher than the bottom 25% of dividend payers in the Australian market (2.18%).
High Dividend: CQE's dividend (4.04%) is low compared to the top 25% of dividend payers in the Australian market (5.39%).
Stability and Growth of Payments
Stable Dividend: CQE's dividends per share have been stable in the past 10 years.
Growing Dividend: CQE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (81.1%), CQE's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CQE's dividends in 3 years are forecast to be covered by earnings (96.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average board tenure
CEO
Charter Hall Social Infrastructure REIT has no CEO, or we have no data on them.
Board Members
Experienced Board: CQE's board of directors are considered experienced (3.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CQE 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 Social Infrastructure REIT's employee growth, exchange listings and data sources
Key Information
- Name: Charter Hall Social Infrastructure REIT
- Ticker: CQE
- Exchange: ASX
- Founded: 2002
- Industry: Specialized REITs
- Sector: Real Estate
- Implied Market Cap: AU$1.417b
- Shares outstanding: 364.15m
- Website: https://www.charterhall.com.au/investments/funds/cqe
Location
- Charter Hall Social Infrastructure REIT
- No. 1 Martin Place
- Level 20
- Sydney
- New South Wales
- 2000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/16 07:02 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.