Charter Hall Social Infrastructure REIT (ASX:CQE) - Stock Price, News & Analysis

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. More details

CQE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	0/6
Financial Health	1/6
Dividends	4/6

Rewards

Trading at 17.9% below our estimate of its fair value

Earnings are forecast to grow 30.36% per year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 5.95% is not well covered by free cash flows

Charter Hall Social Infrastructure REIT Competitors

Rural Funds Group

ASX:RFF

AU$738.5m

Arena REIT

ASX:ARF

AU$1.6b

Abacus Storage King

ASX:ASK

AU$1.6b

Centuria Office REIT

ASX:COF

AU$713.8m

Price History & Performance

Summary of all time highs, changes and price drops for Charter Hall Social Infrastructure REIT
Historical stock prices
Current Share Price	AU$2.69
52 Week High	AU$3.07
52 Week Low	AU$2.35
Beta	1.16
11 Month Change	-3.58%
3 Month Change	0.37%
1 Year Change	2.67%
33 Year Change	-27.49%
5 Year Change	-24.23%
Change since IPO	113.49%

Recent updates

Shareholders Of Charter Hall Social Infrastructure REIT (ASX:CQE) Must Be Happy With Their 81% Return

Feb 11

Can Mixed Fundamentals Have A Negative Impact on Charter Hall Social Infrastructure REIT (ASX:CQE) Current Share Price Momentum?

Dec 18

Shareholder Returns

	CQE	AU Specialized REITs	AU Market
7D	3.1%	1.8%	0.4%
1Y	2.7%	11.6%	16.9%

Return vs Industry: CQE underperformed the Australian Specialized REITs industry which returned 11.6% over the past year.

Return vs Market: CQE underperformed the Australian Market which returned 16.9% over the past year.

Price Volatility

Is CQE's price volatile compared to industry and market?
CQE volatility
CQE Average Weekly Movement	3.0%
Specialized REITs Industry Average Movement	2.7%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.4%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: CQE has not had significant price volatility in the past 3 months compared to the Australian market.

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	charterhall.com.au/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 30 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

How do Charter Hall Social Infrastructure REIT's earnings and revenue compare to its market cap?
CQE fundamental statistics
Market cap	AU$1.00b
Earnings (TTM)	-AU$19.60m
Revenue (TTM)	AU$118.40m

8.5x

P/S Ratio

-51.3x

P/E Ratio

Is CQE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CQE income statement (TTM)
Revenue	AU$118.40m
Cost of Revenue	AU$33.10m
Gross Profit	AU$85.30m
Other Expenses	AU$104.90m
Earnings	-AU$19.60m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.052
Gross Margin	72.04%
Net Profit Margin	-16.55%
Debt/Equity Ratio	50.8%

How did CQE perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

88%

Payout Ratio

CQE Stock Overview

Rewards

Risk Analysis

Charter Hall Social Infrastructure REIT Competitors

ASX:RFF

AU$738.5m

ASX:ARF

AU$1.6b

ASX:ASK

AU$1.6b

ASX:COF

AU$713.8m

Price History & Performance

Recent News & Updates

Now 21% undervalued after recent price drop

Now 20% undervalued

Fourth quarter dividend of AU$0.037 announced

Full year 2024 earnings: EPS and revenues miss analyst expectations

Charter Hall Social Infrastructure Reit Announces the Dividend for the Quarter Ended 30 June 2024, Payable on 19 July 2024

Dividend of AU$0.04 announced

Recent updates

Now 21% undervalued after recent price drop

Now 20% undervalued

Fourth quarter dividend of AU$0.037 announced

Full year 2024 earnings: EPS and revenues miss analyst expectations

Charter Hall Social Infrastructure Reit Announces the Dividend for the Quarter Ended 30 June 2024, Payable on 19 July 2024

Dividend of AU$0.04 announced

Charter Hall Social Infrastructure REIT to Report Fiscal Year 2024 Results on Aug 14, 2024

Dividend of AU$0.04 announced

Consensus EPS estimates fall by 40%, revenue upgraded

First half 2024 earnings released: AU$0.029 loss per share (vs AU$0.11 profit in 1H 2023)

Charter Hall Social Infrastructure REIT Announces Ordinary Dividend for Quarter Ended December 31, 2023, Payable on January 19, 2024

Upcoming dividend of AU$0.04 per share at 5.3% yield

Charter Hall Social Infrastructure REIT to Report First Half, 2024 Results on Feb 13, 2024

Price target decreased by 8.6% to AU$3.19

Charter Hall Social Infrastructure REIT Announces Ordinary Dividend for the Quarter Ended on September 30, 2023 , Payable on October 20, 2023

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Consensus revenue estimates increase by 11%

Consensus EPS estimates increase by 21%

Upcoming dividend of AU$0.043 per share at 5.7% yield

Charter Hall Social Infrastructure REIT Announces Dividend for One Quarter Ending June 30, 2023, Payable ON July 21, 2023

Less than half of directors are independent

Price target decreased by 8.2% to AU$3.60

Consensus EPS estimates fall by 47%, revenue upgraded

First half 2023 earnings released: EPS: AU$0.11 (vs AU$0.57 in 1H 2022)

Charter Hall Social Infrastructure REIT (ASX:CQE) acquired Innovation Quarter (iQ) for AUD 66.9 million.

Upcoming dividend of AU$0.043 per share

Charter Hall Social Infrastructure REIT Announces Dividend Related to Period of One Quarter Ending December 31, 2022, Payable on January 20, 2023

Charter Hall Social Infrastructure REIT to Report First Half, 2023 Results on Feb 14, 2023

Charter Hall Social Infrastructure REIT Announces Dividend Related to A Period of One Quarter Ending September 30, 2022, Payable on October 21, 2022

Now 20% undervalued

Full year 2022 earnings: EPS and revenues miss analyst expectations

Charter Hall Social Infrastructure REIT Provides Distribution Guidance for the Year 2023

Charter Hall Social Infrastructure REIT (ASX:CQE) and Charter Hall Direct Long WALE Fund, managed by Charter Hall Group (ASX:CHC) agreed to acquire Portfolio of 2 Education and Healthcare Properties from Alceon Queensland for AUD 80 million.

Now 21% undervalued after recent price drop

Consensus forecasts updated

Charter Hall Social Infrastructure REIT Announces Ordinary Dividend for the Period Ending June 30, 2022, Payable on July 21, 2022

Charter Hall Social Infrastructure REIT to Report Fiscal Year 2022 Results on Aug 19, 2022

First half 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Australian Unity Office Fund Reportedly Eyes Asset Sales

Upcoming dividend of AU$0.042 per share

Charter Hall Social Infrastructure REIT (ASX:CQE) acquired Western Australia Bowman Group Childcare Portfolio for AUD 100 million.

Consensus forecasts updated

Board Member recently bought AU$215k worth of stock

Full year 2021 earnings released: EPS AU$0.48 (vs AU$0.28 in FY 2020)

Consensus forecasts updated

Consensus EPS estimates fall to AU$0.27

Revenue and earnings beat expectations

First half 2021 earnings released: EPS AU$0.16 (vs AU$0.16 in 1H 2020)

Shareholders Of Charter Hall Social Infrastructure REIT (ASX:CQE) Must Be Happy With Their 81% Return

New 90-day low: AU$2.94

Charter Hall Social Infrastructure REIT to Report First Half, 2021 Results on Feb 11, 2021

Can Mixed Fundamentals Have A Negative Impact on Charter Hall Social Infrastructure REIT (ASX:CQE) Current Share Price Momentum?

New 90-day high: AU$3.20

Charter Hall Social Infrastructure REIT (ASX:CQE) entered into an agreement to acquire South Australian Emergency Services State Command Centre and Adjacent Multi-Deck Car Parking at 33 Richmond Road, Keswick, South Australia from Axiom Properties Limited (ASX:AXI) for AUD 23 million.

New 90-day high: AU$2.95

New 90-day high: AU$2.81

New 90-day high - AU$2.62

Analysts update estimates

Earnings released