CENTURIA INDUSTRIAL REIT (CIP)
Share Price Analysis and Chart

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CIP - CENTURIA INDUSTRIAL REIT

FNArena Sector : REITs
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 8.74
Index: ASX200 | ASX300 | ALL-ORDS

Centuria Industrial is an Australian Real Estate Investment Trust with a portfolio of large industrial properties across Australia. Established in 2002, it became a listed entity in 2012.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.00

30 Nov
2023

-0.020

OPEN

$3.03

-0.66%

HIGH

$3.04

1,925,245

LOW

$2.99

TARGET
$3.347 11.6% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ABG . AOF . ARF . ASK . BWP . CDP . CDP . CHC . CLW . COF . CQE . CQR . DXC . DXI . DXS . ECF . GDF . GDI . HCW . HDN . NPR . NSR . PLG . REP . RFF . RGN . SCG . TGP . URW . VCX . WOT . WPR .
FNARENA'S MARKET CONSENSUS FORECASTS
CIP: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 12.5 17.1 xxx
DPS (cps) xxx 16.0 16.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx - 7.5% 0.0% xxx
PE Ratio xxx N/A 17.8 xxx
Dividend Yield xxx N/A 5.3% xxx
Div Pay Ratio(%) xxx N/A 93.6% xxx

Dividend yield today if purchased 3 years ago: 5.11%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.26

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: 29/06 - ex-div 4c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-12.5
DPS All xxxxxxxxxxxxxxx16.0
Sales/Revenue xxxxxxxxxxxxxxx225.4 M
Book Value Per Share xxxxxxxxxxxxxxx395.5
Net Operating Cash Flow xxxxxxxxxxxxxxx97.6 M
Net Profit Margin xxxxxxxxxxxxxxx-33.98 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-2.95 %
Return on Invested Capital xxxxxxxxxxxxxxx-1.95 %
Return on Assets xxxxxxxxxxxxxxx-1.90 %
Return on Equity xxxxxxxxxxxxxxx-2.95 %
Return on Total Capital xxxxxxxxxxxxxxx3.75 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-6.0 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 xxxxxxxxxxxxxxx-
Long Term Debt xxxxxxxxxxxxxxx1,290 M
Total Debt xxxxxxxxxxxxxxx1,290 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx21 M
Price To Book Value xxxxxxxxxxxxxxx0.78

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx-
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx73 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx5 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx3,740 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

0.3

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

3

xxxxxxxxxx xx xxxxxxxx xxxx xxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Morgans

14/09/2023

3

Hold

$3.36

12.00%

Centuria Industrial REIT has confirmed the sale of two industrial assets for at total of $70m and proceeds will be used for paying down debt. Morgans had already assumed one of the sales in its forecasts and now includes the smaller asset as well.

The broker observes the industrial/logistics sector is resilient and there are strong leasing fundamentals. Hence the company's portfolio is well-placed with its focus on infill markets, although there is near-term uncertainty around interest rates and the impact on capitalisation rates. Hold rating and $3.36 target maintained.

FORECAST
Morgans forecasts a full year FY24 dividend of 16.00 cents and EPS of 17.00 cents.
Morgans forecasts a full year FY25 dividend of 16.30 cents and EPS of 17.40 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

CIP STOCK CHART

FNArena News on CIP

1
Australian Broker Call *Extra* Edition – Nov 16, 2023

Nov 16 2023 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Oct 27, 2023

Oct 27 2023 - Daily Market Reports
3
Rudi’s View: Bonds & Equities; Joined At The Hip

Oct 25 2023 - Rudi's View
4
ESG Focus: Reporting Season A Cracker For ESG

Sep 14 2023 - ESG Focus
5
Rudi’s Views: August 2023 – Winners & Losers

Sep 13 2023 - Rudi's View

Latest REITs News

1
Australian Listed Real Estate Tables – 27-11-2023

Nov 27 2023 - Weekly Reports
2
Australian Listed Real Estate Tables – 20-11-2023

Nov 20 2023 - Weekly Reports
3
Australian Listed Real Estate Tables – 13-11-2023

Nov 13 2023 - Weekly Reports
4
SMSFundamentals: A Comprehensive Guide To Australian REIT Investing

Nov 08 2023 - SMSFundamentals
5
Australian Listed Real Estate Tables – 08-11-2023

Nov 08 2023 - Weekly Reports
6
Australian Listed Real Estate Tables – 30-10-2023

Oct 30 2023 - Weekly Reports
7
Australian Listed Real Estate Tables – 23-10-2023

Oct 23 2023 - Weekly Reports
8
Australian Listed Real Estate Tables – 16-10-2023

Oct 16 2023 - Weekly Reports
9
Australian Listed Real Estate Tables – 10-10-2023

Oct 10 2023 - Weekly Reports
10
Australian Listed Real Estate Tables – 03-10-2023

Oct 03 2023 - Weekly Reports