ELANOR COMMERCIAL PROPERTY FUND (ECF)
Share Price Analysis and Chart

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ECF - ELANOR COMMERCIAL PROPERTY FUND

FNArena Sector : REITs
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: N/A
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.72

08 May
2024

-0.005

OPEN

$0.73

-0.69%

HIGH

$0.73

78,717

LOW

$0.71

TARGET
$0.76 5.6% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ABG . AOF . ARF . ASK . BWP . CDP . CDP . CHC . CIP . CLW . COF . CQE . CQR . DXC . DXI . DXS . GDF . GDI . HCW . HDN . NPR . NSR . PLG . REP . RFF . RGN . SCG . TGP . URW . VCX . WOT . WPR .
FNARENA'S MARKET CONSENSUS FORECASTS
ECF: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx N/A 10.5 xxx
DPS (cps) xxx N/A 8.5 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 6.9 xxx
Dividend Yield xxx N/A 11.8% xxx
Div Pay Ratio(%) xxx N/A 81.0% xxx

Dividend yield today if purchased 3 years ago: 8.70%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 13.06

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 27/03 - ex-div 2.13c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-10.2
DPS All xxxxxxxxxxxxxxx9.4
Sales/Revenue xxxxxxxxxxxxxxx50.6 M
Book Value Per Share xxxxxxxxxxxxxxx100.4
Net Operating Cash Flow xxxxxxxxxxxxxxx32.7 M
Net Profit Margin xxxxxxxxxxxxxxx-63.55 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-9.23 %
Return on Invested Capital xxxxxxxxxxxxxxx-6.49 %
Return on Assets xxxxxxxxxxxxxxx-5.82 %
Return on Equity xxxxxxxxxxxxxxx-9.23 %
Return on Total Capital xxxxxxxxxxxxxxx5.85 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-5.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx80 M
Long Term Debt xxxxxxxxxxxxxxx109 M
Total Debt xxxxxxxxxxxxxxx189 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx8 M
Price To Book Value xxxxxxxxxxxxxxx0.87

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx8.1 M
Capex % of Sales xxxxxxxxxxxxxxx15.94 %
Cost of Goods Sold xxxxxxxxxxxxxxx20 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx0 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx484 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

01/05/2024

3

Hold

$0.76

5.56%

Elanor Commercial Property Fund continues with its leasing success, Ord Minnett notes, signing a Heads of Agreement at
Campus DXC and 19 Harris St, Pyrmont.

While the lease extension with DXC Technology was positive, the reduction of floorspace from Thomson Reuters in Pyrmont has put pressure on the Harris Property Trust’s interest cover ratio.

The broker understands the new lease terms with Thomson Reuters will be neutral to earnings (excluding the impact of incentives) given the strong positive rental reversion achieved.

Target rises to 76c from 75c, Hold retained.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 8.50 cents and EPS of 10.50 cents.
Ord Minnett forecasts a full year FY25 dividend of 8.90 cents and EPS of 10.50 cents.
Access Stockbroker Research History >

ECF STOCK CHART

FNArena News on ECF

1
Australian Broker Call *Extra* Edition – Mar 06, 2024

Mar 06 2024 - Daily Market Reports
2
FNArena Corporate Results Monitor – 23-02-2024

Feb 23 2024 - Australia
3
Australian Broker Call *Extra* Edition – Oct 20, 2023

Oct 20 2023 - Daily Market Reports
4
Weekly Ratings, Targets, Forecast Changes – 25-08-23

Aug 28 2023 - Weekly Reports
5
Australian Broker Call *Extra* Edition – Aug 25, 2023

Aug 25 2023 - Daily Market Reports

Latest REITs News

1
Australian Listed Real Estate Tables – 06-05-2024

May 06 2024 - Weekly Reports
2
Australian Listed Real Estate Tables – 29-04-2024

Apr 29 2024 - Weekly Reports
3
Australian Listed Real Estate Tables – 22-04-2024

Apr 22 2024 - Weekly Reports
4
Australian Listed Real Estate Tables – 15-04-2024

Apr 15 2024 - Weekly Reports
5
Australian Listed Real Estate Tables – 08-04-2024

Apr 08 2024 - Weekly Reports
6
Australian Listed Real Estate Tables – 02-04-2024

Apr 02 2024 - Weekly Reports
7
Weekly Update On LICs & LITs – 26 March 2024

Mar 26 2024 - Weekly Reports
8
Australian Listed Real Estate Tables – 25-03-2024

Mar 25 2024 - Weekly Reports
9
Australian Listed Real Estate Tables – 19-03-2024

Mar 19 2024 - Weekly Reports
10
Australian Listed Real Estate Tables – 11-03-2024

Mar 11 2024 - Weekly Reports