Charter Hall Retail REIT is the leading owner and manager of property for convenience retailers.
Charter Hall Retail Real Estate Investment Trust Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$4.14|
|52 Week High||AU$3.36|
|52 Week Low||AU$4.20|
|1 Month Change||3.76%|
|3 Month Change||10.99%|
|1 Year Change||15.32%|
|3 Year Change||-2.13%|
|5 Year Change||1.47%|
|Change since IPO||-31.00%|
Recent News & Updates
|CQR||AU REITs||AU Market|
Return vs Industry: CQR underperformed the Australian REITs industry which returned 22.7% over the past year.
Return vs Market: CQR underperformed the Australian Market which returned 21.1% over the past year.
Stable Share Price: CQR is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: CQR's weekly volatility (2%) has been stable over the past year.
About the Company
Charter Hall Retail REIT is the leading owner and manager of property for convenience retailers. Charter Hall Retail 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 Retail Real Estate Investment Trust Fundamentals Summary
|CQR fundamental statistics|
Is CQR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CQR income statement (TTM)|
|Cost of Revenue||AU$79.20m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.50|
|Net Profit Margin||80.46%|
How did CQR perform over the long term?See historical performance and comparison
5.7%Current Dividend Yield
Is Charter Hall Retail Real Estate Investment Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CQR (A$4.14) is trading below our estimate of fair value (A$7.31)
Significantly Below Fair Value: CQR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CQR is good value based on its PE Ratio (8.2x) compared to the Australian REITs industry average (9.5x).
PE vs Market: CQR is good value based on its PE Ratio (8.2x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: CQR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CQR is good value based on its PB Ratio (1x) compared to the AU REITs industry average (1.2x).
How is Charter Hall Retail Real Estate Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CQR's earnings are forecast to decline over the next 3 years (-14.7% per year).
Earnings vs Market: CQR's earnings are forecast to decline over the next 3 years (-14.7% per year).
High Growth Earnings: CQR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CQR's revenue is expected to decline over the next 3 years (-10.3% per year).
High Growth Revenue: CQR's revenue is forecast to decline over the next 3 years (-10.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CQR's Return on Equity is forecast to be low in 3 years time (6.9%).
How has Charter Hall Retail Real Estate Investment Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CQR has high quality earnings.
Growing Profit Margin: CQR's current net profit margins (80.5%) are higher than last year (17.8%).
Past Earnings Growth Analysis
Earnings Trend: CQR's earnings have declined by 18.5% per year over the past 5 years.
Accelerating Growth: CQR's earnings growth over the past year (558.8%) exceeds its 5-year average (-18.5% per year).
Earnings vs Industry: CQR earnings growth over the past year (558.8%) exceeded the REITs industry 106.4%.
Return on Equity
High ROE: CQR's Return on Equity (12.6%) is considered low.
How is Charter Hall Retail Real Estate Investment Trust's financial position?
Financial Position Analysis
Short Term Liabilities: CQR's short term assets (A$46.9M) do not cover its short term liabilities (A$113.8M).
Long Term Liabilities: CQR's short term assets (A$46.9M) do not cover its long term liabilities (A$922.0M).
Debt to Equity History and Analysis
Debt Level: CQR's debt to equity ratio (40%) is considered satisfactory.
Reducing Debt: CQR's debt to equity ratio has reduced from 53.2% to 40% over the past 5 years.
Debt Coverage: CQR's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: CQR's interest payments on its debt are well covered by EBIT (11.7x coverage).
What is Charter Hall Retail Real Estate Investment Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CQR's dividend (5.65%) is higher than the bottom 25% of dividend payers in the Australian market (2.29%).
High Dividend: CQR's dividend (5.65%) is in the top 25% of dividend payers in the Australian market (5.31%)
Stability and Growth of Payments
Stable Dividend: CQR's dividend payments have been volatile in the past 10 years.
Growing Dividend: CQR's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.8%), CQR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CQR's dividends in 3 years are forecast to be covered by earnings (89.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Harrison (55 yo)
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...
Experienced Management: CQR's management team is considered experienced (3.9 years average tenure).
Experienced Board: CQR's board of directors are considered experienced (5.7 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Charter Hall Retail Real Estate Investment Trust's employee growth, exchange listings and data sources
- Name: Charter Hall Retail Real Estate Investment Trust
- Ticker: CQR
- Exchange: ASX
- Founded: 1995
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: AU$2.394b
- Shares outstanding: 578.38m
- Website: https://www.charterhall.com.au/investments/funds/charter-hall-retail-reit
- Charter Hall Retail Real Estate Investment Trust
- No.1 Martin Place
- Level 20
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:05|
|End of Day Share Price||2021/10/21 00:00|
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.