How does CQR's PE Ratio compare to its peers?

CQR is expensive based on its Price-To-Earnings Ratio (109.5x) compared to the peer average (50.7x).

How does CQR's PE Ratio compare vs other companies in the Global Retail REITs Industry?

CQR is expensive based on its Price-To-Earnings Ratio (109.5x) compared to the Global Retail REITs industry average (19.4x).

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

CQR is expensive based on its Price-To-Earnings Ratio (109.5x) compared to the estimated Fair Price-To-Earnings Ratio (24.3x).

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

CQR (A$3.24) is trading below our estimate of [[fair value]] (A$4.55)

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

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

CQR Stock Overview

Charter Hall Retail REIT is the leading owner of property for convenience retailers. More details

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

Rewards

Trading at 28.8% below our estimate of its fair value

Earnings are forecast to grow 22.35% per year

Analysts in good agreement that stock price will rise by 20.2%

Risk Analysis

Large one-off items impacting financial results

Profit margins (6%) are lower than last year (14.9%)

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Charter Hall Retail REIT Competitors

BWP Trust

ASX:BWP

AU$2.4b

Region Group

ASX:RGN

AU$2.5b

HomeCo Daily Needs REIT

ASX:HDN

AU$2.4b

Vicinity Centres

ASX:VCX

AU$9.4b

Price History & Performance

Summary of share price highs, lows and changes for Charter Hall Retail REIT
Historical stock prices
Current Share Price	AU$3.24
52 Week High	AU$3.85
52 Week Low	AU$3.11
Beta	0.83
1 Month Change	-3.28%
3 Month Change	-11.48%
1 Year Change	-11.23%
3 Year Change	-25.00%
5 Year Change	-27.03%
Change since IPO	-46.00%

Recent updates

Reflecting on Charter Hall Retail Real Estate Investment Trust's (ASX:CQR) Share Price Returns Over The Last Year

Feb 24

Here's What Charter Hall Retail Real Estate Investment Trust's (ASX:CQR) Shareholder Ownership Structure Looks Like

Jan 20

Does Charter Hall Retail Real Estate Investment Trust's (ASX:CQR) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?

Dec 16

Shareholder Returns

	CQR	AU Retail REITs	AU Market
7D	0.3%	-0.1%	-2.7%
1Y	-11.2%	5.9%	6.5%

Return vs Industry: CQR underperformed the Australian Retail REITs industry which returned 5.9% over the past year.

Return vs Market: CQR underperformed the Australian Market which returned 6.5% over the past year.

Price Volatility

Is CQR's price volatile compared to industry and market?
CQR volatility
CQR Average Weekly Movement	2.2%
Retail REITs Industry Average Movement	2.3%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

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

Volatility Over Time: CQR's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1995	n/a	David Harrison	www.charterhall.com.au

Charter Hall Retail REIT is the leading owner of property for convenience retailers. Charter Hall Retail REIT is managed by Charter Hall Group (ASX:CHC). Charter Hall is one of Australia's leading fully integrated property investment and funds management groups.

Charter Hall Retail REIT Fundamentals Summary

How do Charter Hall Retail REIT's earnings and revenue compare to its market cap?
CQR fundamental statistics
Market cap	AU$1.88b
Earnings (TTM)	AU$17.20m
Revenue (TTM)	AU$285.70m

109.5x

P/E Ratio

6.6x

P/S Ratio

Is CQR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CQR income statement (TTM)
Revenue	AU$285.70m
Cost of Revenue	AU$86.00m
Gross Profit	AU$199.70m
Other Expenses	AU$182.50m
Earnings	AU$17.20m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 14, 2025

Earnings per share (EPS)	0.03
Gross Margin	69.90%
Net Profit Margin	6.02%
Debt/Equity Ratio	39.6%

How did CQR perform over the long term?

See historical performance and comparison

Dividends

7.6%

Current Dividend Yield

98%

Payout Ratio

Does CQR pay a reliable dividends?

See CQR dividend history and benchmarks

When do you need to buy CQR by to receive an upcoming dividend?
Charter Hall Retail REIT dividend dates
Ex Dividend Date	Dec 24 2024
Dividend Pay Date	Feb 28 2025
Days until Ex dividend	2 days
Days until Dividend pay date	68 days

Does CQR pay a reliable dividends?

See CQR dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 22:35
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 Retail REIT is covered by 24 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Russell Wright	Barclay Pearce Capital Pty Limited
Mollie Urquhart	Barrenjoey Markets Pty Limited
Steven Tjia	Barrenjoey Markets Pty Limited

CQR Stock Overview

Rewards

Risk Analysis

Charter Hall Retail REIT Competitors

ASX:BWP

AU$2.4b

ASX:RGN

AU$2.5b

ASX:HDN

AU$2.4b

ASX:VCX

AU$9.4b

Price History & Performance

Recent News & Updates

Charter Hall Retail REIT to Report Q2, 2025 Results on Feb 14, 2025

Final dividend of AU$0.12 announced

Charter Hall Retail REIT, Annual General Meeting, Oct 30, 2024

Retail CEO exercised options to buy AU$176k worth of stock.

Full year 2024 earnings: EPS and revenues miss analyst expectations

Now 20% undervalued after recent price drop

Recent updates

Charter Hall Retail REIT to Report Q2, 2025 Results on Feb 14, 2025

Final dividend of AU$0.12 announced

Charter Hall Retail REIT, Annual General Meeting, Oct 30, 2024

Retail CEO exercised options to buy AU$176k worth of stock.

Full year 2024 earnings: EPS and revenues miss analyst expectations

Now 20% undervalued after recent price drop

First half dividend reduced to AU$0.12

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Charter Hall Retail REIT to Report Fiscal Year 2024 Results on Aug 16, 2024

Now 21% undervalued after recent price drop

First half 2024 earnings released: AU$0.072 loss per share (vs AU$0.21 profit in 1H 2023)

Upcoming dividend of AU$0.12 per share at 6.8% yield

An unknown buyer entered into an agreement to acquire Rosebud Plaza, Victoria from Charter Hall Retail REIT (ASX:CQR) for AUD 140 million.

Charter Hall Retail REIT to Report First Half, 2024 Results on Feb 16, 2024

Charter Hall Retail Reit Announces Dividend, Payable on February 29, 2024

Now 20% undervalued after recent price drop

Charter Hall Retail REIT Provides Earnings Guidance for the Fiscal Year 2024

Charter Hall Retail REIT, Annual General Meeting, Nov 01, 2023

Now 20% undervalued after recent price drop

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: AU$0.065 (vs AU$1.15 in FY 2022)

An unknown buyer acquired Brickworks Marketplace, SA from Charter Hall Retail REIT (ASX:CQR) for AUD 85 million.

Charter Hall Retail REIT to Report Fiscal Year 2023 Results on Aug 15, 2023

Now 21% undervalued after recent price drop

Key Executive recently bought AU$180k worth of stock

First half 2023 earnings released: EPS: AU$0.21 (vs AU$0.64 in 1H 2022)

Charter Hall Retail REIT Reaffirms Financial Guidance for Fiscal Year 2023

Now 20% undervalued

Upcoming dividend of AU$0.13 per share

Consensus forecasts updated

Charter Hall Retail REIT Announces Distribution for the Six Months Ended December 31, 2022, Payable on February 28, 2023

Charter Hall Retail REIT Reaffirms Distribution of Fiscal Year 2023

Charter Hall Retail REIT Reaffirm Earnings Guidance for the Fiscal year 2023

Exceed Capital Pty Ltd acquired Allenstown Square Rockhampton from Charter Hall Retail REIT (ASX:CQR).

Charter Hall Retail REIT (ASX:CQR) acquired Castlereagh St tower from Country State Development for AUD 150.

Charter Hall Retail REIT (ASX:CQR) entered into agreement to acquire 49% stake in A portfolio of 51 Long WALE convenience retail properties from Z Energy Limited for NZD 132 million.

Charter Hall Retail REIT (ASX:CQR) agreed to acquire 49% stake in A portfolio of 51 Long WALE convenience retail properties from Z Energy Limited for NZ$ 132 million.

Full year 2022 earnings: EPS exceeds analyst expectations

Charter Hall Retail REIT Provides Dividend Guidance for the Fiscal Year 2023

Charter Hall Retail REIT (ASX:CQR) acquired Portfolio of 18 Gul service stations in New Zealand for NZD 64.5 million.

Consensus forecasts updated

Charter Hall Retail REIT Declares Distribution for the Period Ending June 30, 2022, Payable on August 31, 2022

Charter Hall Retail REIT to Report Fiscal Year 2022 Results on Aug 25, 2022

First half 2022 earnings: EPS exceeds analyst expectations

CHARTER HALL RETAIL REIT Announces Ordinary Dividend for the Period Ended December 31, 2021, Payable on February 28, 2022

Charter Hall Retail Real Estate Investment Trust Reiterates Earnings Guidance for the Full Year 2022

Upcoming dividend of AU$0.12 per share

Consensus forecasts updated

Consensus forecasts updated

Charter Hall Retail Real Estate Investment Trust (ASX:CQR) agreed to acquire Portfolio of 20 core freehold convenience retail sites from Ampol Limited (ASX:ALD) for AUD 50.5 million.

Insufficient new directors

CEO of Retail exercised options to buy AU$253k worth of stock.

Full year 2021 earnings released: EPS AU$0.51 (vs AU$0.095 in FY 2020)

Consensus EPS estimates fall to AU$0.26

Upcoming dividend of AU$0.13 per share

Consensus forecasts updated

Charter Hall Retail Real Estate Investment Trust (ASX:CQR) agreed to acquire Butler Central Shopping Centre in Butler from Woolworths Group Limited (ASX:WOW) for AUD 51.2 million.