CHARTER HALL LONG WALE REIT (CLW)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

CLW - CHARTER HALL LONG WALE REIT

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

Charter Hall Long WALE is an Australian Real Estate Trust investing in real estate assets that are predominantly leased to corporate and government tenants. It has been listed since 2016.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.93

18 May
2022

0.070

OPEN

$4.91

1.44%

HIGH

$4.98

2,311,088

LOW

$4.89

TARGET
$5.563 12.8% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
URW . CQE . ABP . BWP . CDP . CHC . COF . CQR . DXS . FDC . GJT . GMF . IOF . LEP . NSR . SCG . TIX . TOF . SCP . GDF . PLG . VCX . WPR . GDI . AQR . WOT . AOF . ARF . AVN . RFF . ECF . DXI . TGP . ERF . HDN . IAP . CDP . CIP . REP . HCW . DXC .
FNARENA'S MARKET CONSENSUS FORECASTS
CLW: 1
Title FY20
Actual
FY21
Actual
FY22
Forecast
FY23
Forecast
EPS (cps) xxx 113.6 30.9 xxx
DPS (cps) xxx 29.2 30.5 xxx
EPS Growth xxx 100.0% - 72.8% xxx
DPS Growth xxx 3.6% 4.3% xxx
PE Ratio xxx N/A 15.9 xxx
Dividend Yield xxx N/A 6.2% xxx
Div Pay Ratio(%) xxx 25.7% 98.6% xxx

Dividend yield today if purchased 3 years ago: 6.36%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

5.95

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: 30/03 - ex-div 7.63c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2022 FactSet UK Limited. All rights reserved
Title 201620172018201920202021
EPS Basic xxxxxxxxxxxxxxx113.6
DPS All xxxxxxxxxxxxxxx29.1
Sales/Revenue xxxxxxxxxxxxxxx154.6 M
Book Value Per Share xxxxxxxxxxxxxxx522.0
Net Operating Cash Flow xxxxxxxxxxxxxxx162.3 M
Net Profit Margin xxxxxxxxxxxxxxx399.94 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201620172018201920202021
Return on Capital Employed xxxxxxxxxxxxxxx22.63 %
Return on Invested Capital xxxxxxxxxxxxxxx16.21 %
Return on Assets xxxxxxxxxxxxxxx15.91 %
Return on Equity xxxxxxxxxxxxxxx22.63 %
Return on Total Capital xxxxxxxxxxxxxxx2.89 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx33.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.9

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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

Citi

09/02/2022

1

Buy

$5.71

15.82%

Charter Hall Long WALE REIT's December-half EPS met Citi and consensus forecasts. Guidance was steady (-1% below the broker's forecast).

But Citi notes CPI growth has outpaced Charter Hall's August estimates; guidance doesn't include potential acquisitions (which the broker expects may require a capital raising); and the result reinforces the security of the REIT's long lease income and tenant quality.

The REIT reported an 8% rise in asset values in the December half, resulting in a 13% increase in net tangible assets (NTA), above the historical 10% premium, and Citi says feedback from management and agents suggest this will rise further, increasing the disparity with the share price.

Buy rating retained, the broker citing the REIT's 6% yield and -17% discount to NTA. Target price rises to $5.71 from $5.59.

FORECAST
Citi forecasts a full year FY22 dividend of 30.80 cents and EPS of 30.80 cents.
Citi forecasts a full year FY23 dividend of 30.90 cents and EPS of 30.90 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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

UBS

xx/xx/xxxx

0

xxxxxxxxx xx xxxxxxxx

xx.xx%

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

CLW STOCK CHART