Centuria Office REIT (47X) Stock Overview

Centuria Office REIT is Australia’s largest ASX listed pure play office REIT. More details

47X fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	1/6
Financial Health	1/6
Dividends	3/6

Rewards

Trading at 8.8% below our estimate of its fair value

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Earnings are forecast to decline by an average of 3.2% per year for the next 3 years

Dividend of 11.48% is not well covered by free cash flows

Large one-off items impacting financial results

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Centuria Office REIT Competitors

Price History & Performance

Summary of share price highs, lows and changes for Centuria Office REIT
Historical stock prices
Current Share Price	AU$0.52
52 Week High	AU$0.72
52 Week Low	AU$0.51
Beta	0.88
1 Month Change	-4.90%
3 Month Change	-5.59%
1 Year Change	-23.38%
3 Year Change	-40.58%
5 Year Change	n/a
Change since IPO	-64.56%

Recent updates

Shareholder Returns

	47X	DE Office REITs	DE Market
7D	-1.0%	0.8%	-1.0%
1Y	-23.4%	-4.1%	-2.2%

Return vs Industry: 47X underperformed the German Office REITs industry which returned -4.1% over the past year.

Return vs Market: 47X underperformed the German Market which returned -0.5% over the past year.

Price Volatility

Is 47X's price volatile compared to industry and market?
47X volatility
47X Average Weekly Movement	2.3%
Office REITs Industry Average Movement	2.8%
Market Average Movement	5.4%
10% most volatile stocks in DE Market	12.8%
10% least volatile stocks in DE Market	2.7%

Stable Share Price: 47X has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 47X's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	n/a	www.centuria.com.au

Centuria Office REIT is Australia’s largest ASX listed pure play office REIT. COF owns a portfolio of high-quality office assets situated in core submarkets throughout Australia. COF is overseen by a hands-on, active manager and provides investors with income and the opportunity for capital growth from a pure play portfolio of high-quality Australian office assets.

Centuria Office REIT Fundamentals Summary

How do Centuria Office REIT's earnings and revenue compare to its market cap?
47X fundamental statistics
Market cap	€321.79m
Earnings (TTM)	€38.54m
Revenue (TTM)	€96.72m

8.3x

P/E Ratio

3.3x

P/S Ratio

Is 47X overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
47X income statement (TTM)
Revenue	AU$158.00m
Cost of Revenue	AU$63.40m
Gross Profit	AU$94.61m
Other Expenses	AU$31.65m
Earnings	AU$62.96m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	0.11
Gross Margin	59.88%
Net Profit Margin	39.85%
Debt/Equity Ratio	88.1%

How did 47X perform over the long term?

See historical performance and comparison

Dividends

11.5%

Current Dividend Yield

87%

Payout Ratio

Does 47X pay a reliable dividends?

See 47X dividend history and benchmarks

When do you need to buy 47X by to receive an upcoming dividend?
Centuria Office REIT dividend dates
Ex Dividend Date	Jun 29 2026
Dividend Pay Date	Aug 14 2026
Days until Ex dividend	25 days
Days until Dividend pay date	21 days

Does 47X pay a reliable dividends?

See 47X dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/23 04:10
End of Day Share Price	2026/07/23 00:00
Earnings	2025/12/31
Annual Earnings	2025/06/30

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.

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 Github.

Analyst Sources

Centuria Office REIT is covered by 14 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.

Analyst	Institution
Andrew MacFarlane	Bell Potter
Connor Eldridge	Bell Potter
Fiona Buchanan	CGS International

Centuria Office REIT (47X) Stock Overview

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Risk Analysis

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Centuria Office REIT Competitors

Hamborner REIT

DDMP REIT

One REIT

Filinvest REIT

Price History & Performance

Recent News & Updates

Upcoming dividend of AU$0.025 per share

Dividend of AU$0.025 announced

Now 21% undervalued after recent price drop

Insufficient new directors

Centuria Office REIT to Report First Half, 2026 Results on Feb 04, 2026

Centuria Office Reit Announces the Distribution for the Quarter Ending December 31, 2025, Payable on January 30, 2026

Recent updates

Upcoming dividend of AU$0.025 per share

Dividend of AU$0.025 announced

Now 21% undervalued after recent price drop

Insufficient new directors

Centuria Office REIT to Report First Half, 2026 Results on Feb 04, 2026

Centuria Office Reit Announces the Distribution for the Quarter Ending December 31, 2025, Payable on January 30, 2026

Centuria Office REIT to Report Fiscal Year 2025 Results on Aug 15, 2025

Centuria Office REIT Announces Distribution for the Quarter Ending 30 June 2025, Payable on 19 August 2025

Centuria Office REIT Confirms Distribution for the Quarter Ending 31 March 2025, Distribution Payment Date is 30 April 2025

Upcoming dividend of AU$0.025 per share

Fourth quarter dividend of AU$0.025 announced

Centuria Office REIT Provides Distribution Guidance for the Fiscal Year 2025

Full year 2024 earnings released: AU$0.28 loss per share (vs AU$0.15 loss in FY 2023)

Centuria Office REIT to Report Fiscal Year 2024 Results on Aug 15, 2024

Dividend of AU$0.03 announced

Centuria Office Reit Announces Distribution for the Quarter Ending 30 June 2024, Payable on August 16, 2024

An undisclosed buyer agreed to acquire 555 Coronation Drive office building in Toowong, Brisbane from Centuria Office REIT (ASX:COF) for AUD 37.5 million.

Upcoming dividend of AU$0.03 per share

Dividend of AU$0.03 announced

Centuria Office REIT Declares Distribution for the Quarter Ending 31 March 2024, Payable on 30 April 2024

First half 2024 earnings released: FFO per share: AU$0.07 (vs AU$0.084 in 1H 2023)

Centuria Office REIT to Report First Half, 2024 Results on Feb 16, 2024

Upcoming dividend of AU$0.03 per share at 8.9% yield

Centuria Office REIT Declares Distribution for the Quarter Ending 31 December 2023, Payable on 31 January 2024

Upcoming dividend of AU$0.03 per share at 9.8% yield

Centuria Office REIT Declares Distribution for the Quarter Ending 30 September 2023, Payable on 27 October 2023

New major risk - Dividend sustainability

Full year 2023 earnings released: AU$0.15 loss per share (vs AU$0.20 profit in FY 2022)

Centuria Office REIT to Report Fiscal Year 2023 Results on Aug 17, 2023

Upcoming dividend of AU$0.035 per share at 12% yield

Centuria Office REIT Announces Distribution for the Quarter Ending June 30, 2023, Payable on August 18, 2023

Now 21% undervalued

First half 2023 earnings released: AU$0.029 loss per share (vs AU$0.11 profit in 1H 2022)

Centuria Office REIT Provides Distribution Guidance for the Financial Year 2023

Now 21% undervalued

Centuria Office REIT to Report First Half, 2023 Results on Feb 02, 2023

Upcoming dividend of AU$0.035 per share

Upcoming dividend of AU$0.035 per share

Independent Non-Executive Director recently bought €69k worth of stock

Full year 2022 earnings released: FFO: AU$167.0m per share (vs AU$0.20 in FY 2021)

Upcoming dividend of AU$0.042 per share

Insufficient new directors

Shareholder Returns

Price Volatility

About the Company

Centuria Office REIT Fundamentals Summary

Earnings & Revenue

Dividends

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources