Charter Hall Social Infrastructure REIT

ASX:CQE Stock Report

Market Cap: AU$1.0b

Charter Hall Social Infrastructure REIT Valuation

Is CQE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CQE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CQE (A$2.7) is trading below our estimate of fair value (A$3.31)

Significantly Below Fair Value: CQE is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CQE?

Key metric: As CQE is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CQE. This is calculated by dividing CQE's market cap by their current revenue.
What is CQE's PS Ratio?
PS Ratio8.5x
SalesAU$118.40m
Market CapAU$1.01b

Price to Sales Ratio vs Peers

How does CQE's PS Ratio compare to its peers?

The above table shows the PS ratio for CQE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average8.5x
ARF Arena REIT
16.4x5.1%AU$1.6b
RFF Rural Funds Group
6.2x2.0%AU$697.6m
ASK Abacus Storage King
7.1x7.4%AU$1.6b
COF Centuria Office REIT
4.3x-4.5%AU$689.9m
CQE Charter Hall Social Infrastructure REIT
8.5x5.2%AU$1.0b

Price-To-Sales vs Peers: CQE is expensive based on its Price-To-Sales Ratio (8.5x) compared to the peer average (8.5x).

Price to Sales Ratio vs Industry

How does CQE's PS Ratio compare vs other companies in the Global Specialized REITs Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
CQE 8.5xIndustry Avg. 7.9xNo. of Companies7PS048121620+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: CQE is expensive based on its Price-To-Sales Ratio (8.5x) compared to the Global Specialized REITs industry average (7.9x).

Price to Sales Ratio vs Fair Ratio

What is CQE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CQE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio8.5x
Fair PS Ratio7.8x

Price-To-Sales vs Fair Ratio: CQE is expensive based on its Price-To-Sales Ratio (8.5x) compared to the estimated Fair Price-To-Sales Ratio (7.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CQE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$2.70
AU$3.00
+11.0%
5.3%AU$3.20AU$2.80n/a5
Dec ’25AU$2.67
AU$3.00
+12.3%
5.3%AU$3.20AU$2.80n/a5
Nov ’25AU$2.60
AU$3.00
+15.3%
5.3%AU$3.20AU$2.80n/a5
Oct ’25AU$2.82
AU$2.97
+5.2%
4.8%AU$3.20AU$2.80n/a5
Sep ’25AU$2.74
AU$3.01
+9.9%
4.9%AU$3.22AU$2.80n/a7
Aug ’25AU$2.60
AU$3.06
+17.8%
6.2%AU$3.40AU$2.75n/a7
Jul ’25AU$2.41
AU$3.09
+28.3%
6.8%AU$3.40AU$2.75n/a7
Jun ’25AU$2.42
AU$3.13
+29.5%
5.1%AU$3.40AU$2.95n/a7
May ’25AU$2.50
AU$3.13
+25.4%
5.1%AU$3.40AU$2.95n/a7
Apr ’25AU$2.71
AU$3.13
+15.7%
5.1%AU$3.40AU$2.95n/a7
Mar ’25AU$2.63
AU$3.13
+19.2%
5.1%AU$3.40AU$2.95n/a7
Feb ’25AU$2.75
AU$3.12
+13.5%
7.4%AU$3.40AU$2.75n/a6
Jan ’25AU$2.99
AU$3.15
+5.5%
6.4%AU$3.40AU$2.85n/a6
Dec ’24AU$2.59
AU$3.19
+23.2%
6.5%AU$3.41AU$2.85AU$2.677
Nov ’24AU$2.43
AU$3.25
+33.9%
4.7%AU$3.41AU$2.93AU$2.607
Oct ’24AU$2.52
AU$3.25
+29.1%
4.7%AU$3.41AU$2.93AU$2.827
Sep ’24AU$2.80
AU$3.25
+16.2%
4.7%AU$3.41AU$2.93AU$2.747
Aug ’24AU$3.02
AU$3.49
+15.5%
5.8%AU$3.90AU$3.29AU$2.607
Jul ’24AU$2.94
AU$3.55
+20.8%
5.0%AU$3.90AU$3.29AU$2.417
Jun ’24AU$2.94
AU$3.57
+21.4%
4.4%AU$3.90AU$3.40AU$2.427
May ’24AU$3.01
AU$3.60
+19.4%
4.3%AU$3.90AU$3.40AU$2.506
Apr ’24AU$2.98
AU$3.60
+20.6%
4.3%AU$3.90AU$3.40AU$2.716
Mar ’24AU$3.11
AU$3.77
+21.2%
12.0%AU$4.82AU$3.40AU$2.637
Feb ’24AU$3.46
AU$3.92
+13.2%
10.8%AU$4.82AU$3.40AU$2.757
Jan ’24AU$3.40
AU$3.96
+16.5%
10.1%AU$4.82AU$3.35AU$2.998
Dec ’23AU$3.42
AU$3.96
+15.9%
10.1%AU$4.82AU$3.35AU$2.598

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 15:13
End of Day Share Price 2024/12/27 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Charter Hall Social Infrastructure REIT is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mollie UrquhartBarrenjoey Markets Pty Limited
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited