CEDAR WOODS PROPERTIES LIMITED Financials Cedar Woods Properties Limited
Equities
CWP
AU000000CWP1
Real Estate Development & Operations
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.68 AUD | -1.47% |
|
-1.47% | -6.21% |
| 04-10 | Cedar Woods Properties Acquires Site in Perth Suburb | MT |
| 03-18 | Cedar Woods Properties Settles Sale of Shopping Center in Victoria | MT |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 456.7 | 421.5 | 545.8 | 302.2 | 413.5 | 385.7 | - | - |
| Enterprise Value (EV) 1 | 562 | 566.5 | 659.2 | 500.9 | 609.3 | 574.1 | 567.7 | 545.2 |
| P/E ratio | 9.36 x | 20.3 x | 16.7 x | 8.14 x | 13.2 x | 10.4 x | 10 x | 8.63 x |
| Yield | 5.53% | 3.63% | 3.95% | 7.47% | 3.98% | 4.51% | 5.2% | 6.47% |
| Capitalization / Revenue | 1.21 x | 1.62 x | 1.82 x | 0.91 x | 1.06 x | 1.09 x | 0.94 x | 0.88 x |
| EV / Revenue | 1.5 x | 2.17 x | 2.2 x | 1.5 x | 1.56 x | 1.63 x | 1.38 x | 1.24 x |
| EV / EBITDA | 7.7 x | 15.7 x | 12.3 x | - | 11.6 x | 11.1 x | 9.46 x | 7.87 x |
| EV / FCF | 19.2 x | -31.5 x | 16.5 x | -7.5 x | 27.8 x | -499 x | 20.3 x | 20.2 x |
| FCF Yield | 5.22% | -3.18% | 6.07% | -13.3% | 3.6% | -0.2% | 4.93% | 4.95% |
| Price to Book | 1.21 x | 1.11 x | 1.36 x | 0.72 x | 0.97 x | 0.86 x | 0.82 x | 0.78 x |
| Nbr of stocks (in thousands) | 80,118 | 80,448 | 81,345 | 82,128 | 82,210 | 82,418 | - | - |
| Reference price 2 | 5.700 | 5.240 | 6.710 | 3.680 | 5.030 | 4.680 | 4.680 | 4.680 |
| Announcement Date | 27/08/19 | 26/08/20 | 25/08/21 | 24/08/22 | 22/08/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 375.9 | 260.7 | 299.8 | 333 | 391.3 | 352.6 | 411.2 | 439.4 |
| EBITDA 1 | 72.97 | 36.05 | 53.51 | - | 52.44 | 51.68 | 60.02 | 69.24 |
| EBIT 1 | 71.99 | 32.64 | 50.58 | 54.06 | 49.79 | 50.2 | 58.77 | 66.47 |
| Operating Margin | 19.15% | 12.52% | 16.87% | 16.23% | 12.72% | 14.24% | 14.29% | 15.13% |
| Earnings before Tax (EBT) 1 | 68.94 | 30.22 | 47.5 | 53.62 | 45.39 | 46.09 | 52.88 | 64.95 |
| Net income 1 | 48.6 | 20.9 | 32.83 | 37.39 | 31.64 | 37.69 | 38.91 | 45 |
| Net margin | 12.93% | 8.02% | 10.95% | 11.23% | 8.08% | 10.69% | 9.46% | 10.24% |
| EPS 2 | 0.6090 | 0.2580 | 0.4030 | 0.4520 | 0.3800 | 0.4511 | 0.4664 | 0.5425 |
| Free Cash Flow 1 | 29.31 | -17.99 | 40 | -66.83 | 21.93 | -1.15 | 28 | 27 |
| FCF margin | 7.8% | -6.9% | 13.35% | -20.07% | 5.6% | -0.33% | 6.81% | 6.15% |
| FCF Conversion (EBITDA) | 40.17% | - | 74.76% | - | 41.82% | - | 46.65% | 38.99% |
| FCF Conversion (Net income) | 60.31% | - | 121.83% | - | 69.32% | - | 71.96% | 60% |
| Dividend per Share 2 | 0.3150 | 0.1900 | 0.2650 | 0.2750 | 0.2000 | 0.2112 | 0.2432 | 0.3027 |
| Announcement Date | 27/08/19 | 26/08/20 | 25/08/21 | 24/08/22 | 22/08/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2021 S1 | 2021 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 | 2025 S2 | 2026 S1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 128.8 | - | 130.6 | 152.3 | 239 | 123.2 | 267.1 | 178.6 | 222.2 | 198.2 |
| EBITDA 1 | - | - | - | 16.07 | 36.36 | - | 57.3 | 23.3 | 34.8 | - |
| EBIT 1 | 16.06 | - | 16.63 | 14.56 | 35.23 | 8.006 | 56.7 | 23.1 | - | 27.3 |
| Operating Margin | 12.47% | - | 12.74% | 9.56% | 14.74% | 6.5% | 21.23% | 12.93% | - | 13.77% |
| Earnings before Tax (EBT) 1 | - | - | - | 13.04 | 32.35 | 2.767 | 50.8 | 19.65 | 34.1 | 23.7 |
| Net income 1 | - | 22.44 | 10.39 | 9.063 | 22.57 | 2.641 | 35.55 | 13.75 | 23.9 | 16.6 |
| Net margin | - | - | 7.96% | 5.95% | 9.44% | 2.14% | 13.31% | 7.7% | 10.76% | 8.38% |
| EPS 2 | - | 0.2760 | 0.1270 | 0.1090 | 0.2710 | 0.0320 | 0.4270 | 0.1650 | 0.2860 | 0.1990 |
| Dividend per Share 2 | 0.1250 | - | 0.1350 | 0.1300 | 0.0700 | 0.0800 | 0.1300 | 0.0900 | 0.1100 | 0.1300 |
| Announcement Date | 18/02/20 | 16/02/21 | 25/08/21 | 21/02/23 | 22/08/23 | 21/02/24 | - | - | - | - |
1AUD in Million2AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 105 | 145 | 113 | 199 | 196 | 188 | 182 | 160 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.443 x | 4.02 x | 2.118 x | - | 3.734 x | 3.646 x | 3.031 x | 2.304 x |
| Free Cash Flow 1 | 29.3 | -18 | 40 | -66.8 | 21.9 | -1.15 | 28 | 27 |
| ROE (net income / shareholders' equity) | 12.9% | 5.5% | 8.2% | 8.9% | 7.3% | 7.75% | 7.63% | 9.26% |
| ROA (Net income/ Total Assets) | 8.29% | 3.43% | 5.07% | 5.22% | 4.01% | 5.34% | 5.42% | 6.13% |
| Assets 1 | 586.1 | 609.3 | 647.9 | 715.8 | 789.9 | 705.3 | 717.6 | 734.3 |
| Book Value Per Share 2 | 4.700 | 4.710 | 4.920 | 5.130 | 5.210 | 5.460 | 5.740 | 6.040 |
| Cash Flow per Share 2 | 0.6400 | 0.3200 | 0.4600 | 0.4700 | 0.2800 | -0.1200 | 0.7500 | 0.7200 |
| Capex 1 | 3.78 | 2.5 | 1.58 | 0.99 | 1.77 | 0.93 | 1.05 | 1.05 |
| Capex / Sales | 1% | 0.96% | 0.53% | 0.3% | 0.45% | 0.26% | 0.26% | 0.24% |
| Announcement Date | 27/08/19 | 26/08/20 | 25/08/21 | 24/08/22 | 22/08/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
4.75
AUD
Average target price
4.946
AUD
Spread / Average Target
+4.13%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -6.21% | 259M | |
| -1.02% | 25.18B | |
| -31.17% | 11.41B | |
| +8.10% | 10.87B | |
| -24.81% | 7.87B | |
| -5.32% | 7.04B | |
| +3.73% | 6.72B | |
| +1.79% | 6.59B | |
| +15.90% | 3.74B | |
| -5.83% | 3.67B |
- Stock Market
- Equities
- CWP Stock
- Financials Cedar Woods Properties Limited
