How does C4Q's PS Ratio compare to its peers?

C4Q is expensive based on its Price-To-Sales Ratio (4.6x) compared to the peer average (4.4x).

How does C4Q's PS Ratio compare vs other companies in the European Office REITs Industry?

C4Q is good value based on its Price-To-Sales Ratio (4.6x) compared to the European Office REITs industry average (8.3x).

What is C4Q's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

C4Q is good value based on its Price-To-Sales Ratio (4.6x) compared to the estimated Fair Price-To-Sales Ratio (7.1x).

What is the Fair Price of C4Q when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

C4Q (€0.22) is trading above our estimate of [[fair value]] (€0.2)

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, but analysts are not within a statistically confident range of agreement.

Cromwell Property Group (DB:C4Q) - Stock Price, News & Analysis

C4Q Stock Overview

Cromwell Property Group (ASX:CMW) is a real estate investor and fund manager with operations on three continents and a global investor base. More details

C4Q fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	1/6
Dividends	3/6

Rewards

Earnings are forecast to grow 45.93% per year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 7.79% is not well covered by earnings

Cromwell Property Group Competitors

alstria office REIT-AG

XTRA:AOX

€1.2b

Hamborner REIT

XTRA:HABA

€515.7m

Abacus Group

ASX:ABG

AU$1.0b

Peakstone Realty Trust

NYSE:PKST

US$477.3m

Price History & Performance

Summary of all time highs, changes and price drops for Cromwell Property Group
Historical stock prices
Current Share Price	AU$0.22
52 Week High	AU$0.28
52 Week Low	AU$0.21
Beta	1.03
11 Month Change	-8.09%
3 Month Change	-7.41%
1 Year Change	-1.40%
33 Year Change	-57.75%
5 Year Change	-69.62%
Change since IPO	-65.94%

Recent updates

Shareholder Returns

	C4Q	DE Office REITs	DE Market
7D	-5.8%	0.6%	0.2%
1Y	-1.4%	-3.8%	8.5%

Return vs Industry: C4Q exceeded the German Office REITs industry which returned -3.8% over the past year.

Return vs Market: C4Q underperformed the German Market which returned 8.5% over the past year.

Price Volatility

Is C4Q's price volatile compared to industry and market?
C4Q volatility
C4Q Average Weekly Movement	6.6%
Office REITs Industry Average Movement	3.3%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: C4Q has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: C4Q's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Jonathan P. Callaghan	www.cromwellpropertygroup.com

Cromwell Property Group (ASX:CMW) is a real estate investor and fund manager with operations on three continents and a global investor base. Cromwell is included in the S&P/ASX200. As at 30 June 2022, Cromwell had a market capitalisation of $2.0 billion, an Australian investment portfolio valued at $3.0 billion and total assets under management of $12.0 billion across Australia, New Zealand and Europe.

Cromwell Property Group Fundamentals Summary

How do Cromwell Property Group's earnings and revenue compare to its market cap?
C4Q fundamental statistics
Market cap	€629.21m
Earnings (TTM)	-€174.92m
Revenue (TTM)	€137.11m

4.6x

P/S Ratio

-3.6x

P/E Ratio

Is C4Q overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
C4Q income statement (TTM)
Revenue	AU$219.70m
Cost of Revenue	AU$37.70m
Gross Profit	AU$182.00m
Other Expenses	AU$462.30m
Earnings	-AU$280.30m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.11
Gross Margin	82.84%
Net Profit Margin	-127.58%
Debt/Equity Ratio	88.1%

How did C4Q perform over the long term?

See historical performance and comparison

Dividends

7.8%

Current Dividend Yield

-29%

Payout Ratio

C4Q Stock Overview

Rewards

Risk Analysis

Cromwell Property Group Competitors

XTRA:AOX

€1.2b

XTRA:HABA

€515.7m

ASX:ABG

AU$1.0b

NYSE:PKST

US$477.3m

Price History & Performance

Recent News & Updates

Now 21% overvalued after recent price rise

CEO, MD & Director recently bought €186k worth of stock

Now 21% overvalued after recent price rise

Fourth quarter dividend of AU$0.0075 announced

New minor risk - Share price stability

New major risk - Revenue and earnings growth

Recent updates

Now 21% overvalued after recent price rise

CEO, MD & Director recently bought €186k worth of stock

Now 21% overvalued after recent price rise

Fourth quarter dividend of AU$0.0075 announced

New minor risk - Share price stability

New major risk - Revenue and earnings growth

Full year 2024 earnings released: AU$0.11 loss per share (vs AU$0.084 loss in FY 2023)

Insufficient new directors

New major risk - Revenue and earnings growth

Dividend of AU$0.0075 announced

First half 2024 earnings released: AU$0.08 loss per share (vs AU$0.027 loss in 1H 2023)

New major risk - Revenue and earnings growth

Cromwell Property Group to Promote Michelle Dance as Chief Financial Officer, Effective from 1 January 2024

Cromwell Property Group to Report Fiscal Year 2024 Results on Aug 29, 2024

New minor risk - Share price stability

New major risk - Revenue and earnings growth

CEO, MD & Director recently bought €181k worth of stock

Cromwell Property Group Announces Dividend for the Quarter Ending September 30, 2023, Payable on November 17, 2023

Full year 2023 earnings released: AU$0.17 loss per share (vs AU$0.10 profit in FY 2022)

Cromwell Property Group (ASX:CMW) agreed to acquire Australian Unity Property Limited from Australian Unity Limited for AUD 17 million.

High number of new directors

Now 21% undervalued after recent price drop

First half 2023 earnings released: AU$0.049 loss per share (vs AU$0.051 profit in 1H 2022)

Now 22% undervalued

Cromwell Property Group (ASX:CMW) and JPMorgan Asset Management (Europe) S.à r.l., Frankfurt Branch acquired Panattoni Park Hamburg from Panattoni Germany Properties GmbH.

Upcoming dividend of AU$0.014 per share

Cromwell Property Group to Report Fiscal Year 2023 Results on Aug 31, 2023

Cromwell Property Group Appoints Lara Young as its Head of Environmental, Social, and Governance

Cromwell Property Group Announces Dividend for the Quarter Ending December 31, 2022 Payable on February 17, 2023

High number of new directors

Cromwell Property Group (ASX:CMW) acquired Five logistics assets in Nordics.

Anglicare Youth And Family Services agreed to acquire 50% LDK Healthcare Pty Ltd from Cromwell Property Group (ASX:CMW).

Cromwell Property Group Announces Dividend for the Quarter Ended September 30, 2022, Payable on November 18, 2022

Full year 2022 earnings released: EPS: AU$0.10 (vs AU$0.12 in FY 2021)

Cromwell Property Group Provides Dividend Guidance for the Quarter Ending September 2022

Cromwell Property Group Announces Ordinary Dividend for the Quarter Ending June 30, 2022, Payable on August 19, 2022

Key Executive recently bought €98k worth of stock

CapMan Nordic Real Estate III managed by CapMan Real Estate Oy acquired Portfolio of four office properties from The Goldman Sachs Group, Inc. (NYSE:GS) and Cromwell Property Group (ASX:CMW).

Wingate entered into an agreement to acquire Cromwell House at 200 Mary Street from Cromwell Property Group (ASX:CMW) for approximately AUD 110 million.

Wingate entered into an agreement to acquire Cromwell House at 200 Mary Street from Cromwell Property Group (ASX:CMW) for approximately AUD 110 million.

High number of new and inexperienced directors

Cromwell Direct Property Fund, managed by Cromwell Property Group (ASX:CMW) acquired Chesser House located at 95 Grenfell Street, Adelaide for AUD 81.35 million.

Cromwell Property Reportedly in Talks with AMP to Buy Collimate

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Cromwell Property Group Provides Dividend Guidance for the March 2022 Quarter

Australian Unity Office Fund Reportedly Eyes Asset Sales

Upcoming dividend of AU$0.016 per share

An unknown buyer acquired Slough Business Park Ltd from Cromwell Property Group (ASX:CMW) and Catella APAM Ltd for £28.1 million.

Full year 2021 earnings released: EPS AU$0.12 (vs AU$0.068 in FY 2020)

Castlerock Property Pty Ltd acquired Icon building in the Ipswich from Cromwell Property Group (ASX:CMW).

Cromwell Property Group Announces Ordinary Dividend for A Period of One Quarter Ended March 31, 2021

Cromwell Property Group Announces Board Changes

Independent Non-Executive Chairperson of the Board has left the company

Cromwell Property Group Announces Board Appointments

Elite Finland Value Added Fund Ii Ky managed by EAB Group Oyj (HLSE:EAB) acquired Light Industrial Portfolio in Finland in Finland from Cromwell Property Group (ASX:CMW).

First half 2021 earnings released: EPS AU$0.056 (vs AU$0.088 in 1H 2020)

Cromwell Property Group to Report Fiscal Year 2021 Results on Aug 26, 2021

New 90-day low: €0.50

Cromwell Property Group Appoints Brett Hinton as Acting Chief Financial Officer