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

CQR is expensive based on its Price-To-Earnings Ratio (113.9x) compared to the peer average (52.5x).

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 (113.9x) compared to the Global Retail REITs industry average (19.2x).

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 (113.9x) compared to the estimated Fair Price-To-Earnings Ratio (24.4x).

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$3.39) is trading below our estimate of [[fair value]] (A$4.68)

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

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

Charter Hall Retail REIT (CHIA:CQR) - Stock Price, News & Analysis

CQR Stock Overview

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

About the company

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

Rewards

Trading at 27.5% below our estimate of its fair value

Earnings are forecast to grow 22.35% per year

Risk Analysis

Large one-off items impacting financial results

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

Unstable dividend track record

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$2.6b

Vicinity Centres

ASX:VCX

AU$9.8b

Price History & Performance

Summary of all time highs, changes and price drops for Charter Hall Retail REIT
Historical stock prices
Current Share Price	AU$3.39
52 Week High	AU$3.85
52 Week Low	AU$3.12
Beta	0.82
11 Month Change	-5.04%
3 Month Change	0.44%
1 Year Change	5.94%
33 Year Change	-20.42%
5 Year Change	-23.39%
Change since IPO	-12.06%

Recent updates

Shareholder Returns

	CQR	AU Retail REITs	AU Market
7D	-1.5%	-1.4%	-0.6%
1Y	5.9%	20.8%	16.5%

Return vs Industry: CQR underperformed the Australian Retail REITs industry which returned 21.1% over the past year.

Return vs Market: CQR underperformed the Australian Market which returned 16.1% over the past year.

Price Volatility

Is CQR's price volatile compared to industry and market?
CQR volatility
CQR Average Weekly Movement	2.7%
Retail REITs Industry Average Movement	2.7%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.8%
10% least volatile stocks in AU Market	3.6%

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 (3%) 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$1.96b
Earnings (TTM)	AU$17.20m
Revenue (TTM)	AU$285.70m

113.9x

P/E Ratio

6.9x

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

n/a

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

7.3%

Current Dividend Yield

98%

Payout Ratio

CQR Stock Overview

Rewards

Risk Analysis

Charter Hall Retail REIT Competitors

ASX:BWP

AU$2.4b

ASX:RGN

AU$2.5b

ASX:HDN

AU$2.6b

ASX:VCX

AU$9.8b

Price History & Performance

Recent News & Updates

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

Full year 2024 earnings released: EPS: AU$0.03 (vs AU$0.065 in FY 2023)

Now 22% undervalued

First half dividend reduced to AU$0.12

Now 20% undervalued after recent price drop

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

Recent updates

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

Full year 2024 earnings released: EPS: AU$0.03 (vs AU$0.065 in FY 2023)

Now 22% undervalued

First half dividend reduced to AU$0.12

Now 20% undervalued after recent price drop

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

Now 20% 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

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

Upcoming dividend of AU$0.13 per share

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 released: EPS: AU$1.15 (vs AU$0.51 in FY 2021)

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.

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: Revenues and EPS in line with 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

Insufficient new directors

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.

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

Upcoming dividend of AU$0.13 per share

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.

First half 2021 earnings released: EPS AU$0.14 (vs AU$0.15 in 1H 2020)

Charter Hall Retail Real Estate Investment Trust to Report First Half, 2021 Results on Feb 17, 2021

New 90-day high: AU$3.65

New 90-day high: AU$3.57

Charter Hall Long WALE REIT (ASX:CLW) and Charter Hall Retail Real Estate Investment Trust (ASX:CQR) entered into an agreement to acquire a 49% stake in Portfolio of 70 Long WALE NNN Convenience Retail Properties in New Zealand from BP Oil New Zealand Limited for approximately NZD 260 million.

Earnings released

Charter Hall Long WALE REIT (ASX:CLW), Charter Hall Retail Real Estate Investment Trust (ASX:CQR) and Charter Hall Group (ASX:CHC) completed the acquisition of 49% stake in National Portfolio of 225 Long WALE Convenience Retail Properties from BP Australia Pty Limited.

Charter Hall Retail Real Estate Investment Trust to Report Fiscal Year 2020 Results on Aug 13, 2020

Shareholder Returns

Price Volatility

About the Company

Charter Hall Retail REIT Fundamentals Summary

113.9x

6.9x