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
Debt/EBITDA: 12.67
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

$3.50

18 Apr
2024

0.030

OPEN

$3.44

0.86%

HIGH

$3.52

1,276,409

LOW

$3.44

TARGET
$3.80 8.6% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ABG . AOF . ARF . ASK . BWP . CDP . CDP . CHC . CIP . 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
CLW: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx N/A 26.4 xxx
DPS (cps) xxx N/A 26.6 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 13.2 xxx
Dividend Yield xxx N/A 7.7% xxx
Div Pay Ratio(%) xxx N/A 100.6% xxx

Dividend yield today if purchased 3 years ago: 5.74%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 8.07

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 6.5c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-26.1
DPS All xxxxxxxxxxxxxxx28.0
Sales/Revenue xxxxxxxxxxxxxxx222.5 M
Book Value Per Share xxxxxxxxxxxxxxx562.9
Net Operating Cash Flow xxxxxxxxxxxxxxx179.7 M
Net Profit Margin xxxxxxxxxxxxxxx-84.94 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-4.43 %
Return on Invested Capital xxxxxxxxxxxxxxx-3.07 %
Return on Assets xxxxxxxxxxxxxxx-2.98 %
Return on Equity xxxxxxxxxxxxxxx-4.43 %
Return on Total Capital xxxxxxxxxxxxxxx2.49 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-27.3 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 xxxxxxxxxxxxxxx1,941 M
Total Debt xxxxxxxxxxxxxxx1,941 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx20 M
Price To Book Value xxxxxxxxxxxxxxx0.71

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 xxxxxxxxxxxxxxx65 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx4 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx3,564 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

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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

Morgan Stanley

09/02/2024

3

Equal-weight

$3.70

5.71%

Charter Hall Long WALE REIT's 1H earnings were in line with Morgan Stanley's forecast and FY24 EPS guidance was maintained. The capitalisation rate of the portfolio expanded by 31bps to 5.08%.

While gearing remains high, the broker notes $500m of assets are in due diligence for divestment, which would take gearing down to around 39% from 43.2%.

As 52% of leases are CPI-linked, point out the analysts, the average rent review resulted in a 4.3% lift to 1H rents.

Equal-weight. Target $3.70. Industry view: In-Line. 

FORECAST
Morgan Stanley forecasts a full year FY24 EPS of 26.00 cents.
Morgan Stanley forecasts a full year FY25 EPS of 27.00 cents.

Ord Minnett

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

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

CLW STOCK CHART

FNArena News on CLW

1
Rudi’s View: Selective Opportunities Among Discounted REITs

Mar 20 2024 - Rudi's View
2
Australian Broker Call *Extra* Edition – Feb 16, 2024

Feb 16 2024 - Daily Market Reports
3
Rudi’s View: February 2024 Is A Blue Sky Affair

Feb 14 2024 - Rudi's View
4
FNArena Corporate Results Monitor – 09-02-2024

Feb 09 2024 - Australia
5
Rudi’s View: Healthcare, REITs, Uranium & Banks

Jan 24 2024 - Rudi's View

Latest REITs News

1
Australian Listed Real Estate Tables – 15-04-2024

Apr 15 2024 - Weekly Reports
2
Australian Listed Real Estate Tables – 08-04-2024

Apr 08 2024 - Weekly Reports
3
Australian Listed Real Estate Tables – 02-04-2024

Apr 02 2024 - Weekly Reports
4
Weekly Update On LICs & LITs – 26 March 2024

Mar 26 2024 - Weekly Reports
5
Australian Listed Real Estate Tables – 25-03-2024

Mar 25 2024 - Weekly Reports
6
Australian Listed Real Estate Tables – 19-03-2024

Mar 19 2024 - Weekly Reports
7
Australian Listed Real Estate Tables – 11-03-2024

Mar 11 2024 - Weekly Reports
8
Australian Listed Real Estate Tables – 04-03-2024

Mar 04 2024 - Weekly Reports
9
Australian Listed Real Estate Tables – 27-02-2024

Feb 27 2024 - Weekly Reports
10
Australian Listed Real Estate Tables – 12-02-2024

Feb 12 2024 - Weekly Reports