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Centuria Industrial REIT CHIA:CIP Stock Report

Last Price

AU$2.86

Market Cap

AU$1.8b

7D

0.7%

1Y

-12.8%

Updated

23 Dec, 2024

Data

Company Financials +

Centuria Industrial REIT

CHIA:CIP Stock Report

Market Cap: AU$1.8b

CIP Stock Overview

CIP is Australia’s largest domestic pure play industrial REIT and is included in the S&P/ASX 200 Index. More details

CIP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance1/6
Financial Health2/6
Dividends2/6

Rewards

Trading at 19.5% below our estimate of its fair value

Earnings are forecast to grow 14.66% per year

Became profitable this year

Analysts in good agreement that stock price will rise by 24.1%

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 5.57% is not well covered by free cash flows

Large one-off items impacting financial results


My Notes

Capture your thoughts, links and company narrative

Centuria Industrial REIT Competitors

Ingenia Communities Group

ASX:INA

AU$1.9b

Arena REIT

ASX:ARF

AU$1.6b

Centuria Capital Group

ASX:CNI

AU$1.5b

Abacus Storage King

ASX:ASK

AU$1.5b

Price History & Performance

Summary of share price highs, lows and changes for Centuria Industrial REIT
Historical stock prices
Current Share PriceAU$2.86
52 Week HighAU$3.59
52 Week LowAU$2.83
Beta0.92
1 Month Change-3.70%
3 Month Change-13.60%
1 Year Change-12.80%
3 Year Change-29.90%
5 Year Change-15.88%
Change since IPO16.26%

Recent News & Updates

Recent updates

Shareholder Returns

CIPAU Industrial REITsAU Market
7D0.7%-2.2%-2.7%
1Y-12.8%38.5%6.5%

Return vs Industry: CIP underperformed the Australian Industrial REITs industry which returned 38.5% over the past year.

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

Price Volatility

Is CIP's price volatile compared to industry and market?
CIP volatility
CIP Average Weekly Movement1.8%
Industrial REITs Industry Average Movement3.1%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
n/an/aJason Huljichwww.centuria.com.au/industrial-reit

CIP is Australia’s largest domestic pure play industrial REIT and is included in the S&P/ASX 200 Index. CIP’s portfolio of high-quality industrial assets is situated in key metropolitan locations throughout Australia and is underpinned by a quality and diverse tenant base. CIP is overseen by a hands on, active manager and provides investors with income and an opportunity for capital growth from a pure play portfolio of high-quality Australian industrial assets.

Centuria Industrial REIT Fundamentals Summary

How do Centuria Industrial REIT's earnings and revenue compare to its market cap?
CIP fundamental statistics
Market capAU$1.82b
Earnings (TTM)AU$48.15m
Revenue (TTM)AU$227.93m

37.8x

P/E Ratio

8.0x

P/S Ratio

Is CIP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CIP income statement (TTM)
RevenueAU$227.93m
Cost of RevenueAU$23.09m
Gross ProfitAU$204.84m
Other ExpensesAU$156.69m
EarningsAU$48.15m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.076
Gross Margin89.87%
Net Profit Margin21.12%
Debt/Equity Ratio55.5%

How did CIP perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

93%

Payout Ratio

Does CIP pay a reliable dividends?

See CIP dividend history and benchmarks
When do you need to buy CIP by to receive an upcoming dividend?
Centuria Industrial REIT dividend dates
Ex Dividend DateDec 30 2024
Dividend Pay DateJan 31 2025
Days until Ex dividend6 days
Days until Dividend pay date38 days

Does CIP pay a reliable dividends?

See CIP dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 23:33
End of Day Share Price 2024/12/23 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

Centuria Industrial REIT is covered by 20 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Steven TjiaBarrenjoey Markets Pty Limited