CEDAR WOODS PROPERTIES LIMITED (CWP)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

CWP - CEDAR WOODS PROPERTIES LIMITED

FNArena Sector : Infra & Property Developers
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 5.24
Index: ALL-ORDS

Cedar Wood Properties is an Australian developer of residential communities and commercial developments. Established in 1987, the company listed on the ASX in 1994.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.82

07 Dec
2023

0.070

OPEN

$4.72

1.47%

HIGH

$4.82

54,982

LOW

$4.65

TARGET
$4.90 1.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
CMW . FRI . FWD . GMG . GOZ . GPT . HPI . LIC . LLC . MGR . PPC . SFC . SGP . SIO . UOS .
FNARENA'S MARKET CONSENSUS FORECASTS
CWP: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 38.5 47.0 xxx
DPS (cps) xxx 20.0 22.0 xxx
EPS Growth xxx - 15.7% 22.0% xxx
DPS Growth xxx - 27.3% 10.0% xxx
PE Ratio xxx N/A 10.2 xxx
Dividend Yield xxx N/A 4.6% xxx
Div Pay Ratio(%) xxx 52.0% 46.9% xxx

Dividend yield today if purchased 3 years ago: 2.86%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.19

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: 27/09 - ex-div 7c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx38.5
DPS All xxxxxxxxxxxxxxx20.0
Sales/Revenue xxxxxxxxxxxxxxx392.5 M
Book Value Per Share xxxxxxxxxxxxxxx524.4
Net Operating Cash Flow xxxxxxxxxxxxxxx23.7 M
Net Profit Margin xxxxxxxxxxxxxxx8.06 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx7.42 %
Return on Invested Capital xxxxxxxxxxxxxxx5.02 %
Return on Assets xxxxxxxxxxxxxxx4.05 %
Return on Equity xxxxxxxxxxxxxxx7.42 %
Return on Total Capital xxxxxxxxxxxxxxx6.97 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-0.7 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 xxxxxxxxxxxxxxx69 M
Long Term Debt xxxxxxxxxxxxxxx210 M
Total Debt xxxxxxxxxxxxxxx278 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx7 M
Price To Book Value xxxxxxxxxxxxxxx0.96

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx1.8 M
Capex % of Sales xxxxxxxxxxxxxxx0.45 %
Cost of Goods Sold xxxxxxxxxxxxxxx294 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx48 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx2 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

0.5

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

01/11/2023

1

Upgrade to Buy from Hold

$5.30

9.96%

While Cedar Woods Properties has managed to carry sales momentum into the first quarter, Bell Potter remains wary on full year volumes amid a lack of clarity. The company sold 316 properties, up year-on-year but down quarter-on-quarter.

Cedar Woods Properties states enquiry levels remain strong, and that demand is assisted by migration, limited rental vacancies and housing shortages, with investors, downsizers and upgraders driving sales. 

The rating is upgraded to Buy from Hold and the target price of $5.30 is retained.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 24.00 cents and EPS of 47.90 cents.
Bell Potter forecasts a full year FY25 dividend of 30.00 cents and EPS of 55.80 cents.
Access Stockbroker Research History >

CWP STOCK CHART

FNArena News on CWP

1
Australian Broker Call *Extra* Edition – Nov 08, 2023

Nov 08 2023 - Daily Market Reports
2
Weekly Ratings, Targets, Forecast Changes – 03-11-23

Nov 06 2023 - Weekly Reports
3
In Brief: Banks, Technology & Insurance

Oct 06 2023 - Weekly 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 Infra & Property Developers News

1
Goodman Group: Overbought

Aug 22 2023 - Technicals
2
Goodman Group: Breaking Out

May 02 2023 - Technicals
3
Goodman Group: Short Term Rally

Jul 19 2022 - Technicals
4
Goodman Silences The Critics

May 18 2022 - Australia
5
Treasure Chest: Stockland Ready To De-Couple

Apr 05 2022 - Treasure Chest
6
Stockland: Property Portfolio In Transformation

Nov 10 2021 - Australia
7
The Goodman Group Good News Story Continues

Nov 03 2021 - Australia
8
Goodman Group: Momentum Strong

Oct 26 2021 - Technicals
9
Will There Be Upside From Lendlease Targets?

Sep 06 2021 - Australia
10
Mirvac’s Earnings Wired To Apartment Resurgence

Aug 17 2021 - Australia