CENTURIA OFFICE REIT (COF)
Share Price Analysis and Chart

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COF - CENTURIA OFFICE REIT

FNArena Sector : REITs
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 8.64
Index: ASX300 | ALL-ORDS

Centuria Office is a real estate investment trust with assets consisting solely of commercial office properties. It has been listed since 2014.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.215

22 Apr
2024

0.030

OPEN

$1.20

2.53%

HIGH

$1.22

1,102,561

LOW

$1.19

TARGET
$1.378 13.4% upside
Franking for last dividend paid out: 0%
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FNARENA'S MARKET CONSENSUS FORECASTS
COF: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx N/A 13.9 xxx
DPS (cps) xxx N/A 12.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 8.8 xxx
Dividend Yield xxx N/A 9.9% xxx
Div Pay Ratio(%) xxx N/A 86.5% xxx

Dividend yield today if purchased 3 years ago: 6.75%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

11.60

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 3c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-15.4
DPS All xxxxxxxxxxxxxxx14.1
Sales/Revenue xxxxxxxxxxxxxxx167.3 M
Book Value Per Share xxxxxxxxxxxxxxx220.4
Net Operating Cash Flow xxxxxxxxxxxxxxx71.7 M
Net Profit Margin xxxxxxxxxxxxxxx-54.96 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-6.55 %
Return on Invested Capital xxxxxxxxxxxxxxx-4.00 %
Return on Assets xxxxxxxxxxxxxxx-3.89 %
Return on Equity xxxxxxxxxxxxxxx-6.55 %
Return on Total Capital xxxxxxxxxxxxxxx4.67 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-16.3 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 xxxxxxxxxxxxxxx926 M
Total Debt xxxxxxxxxxxxxxx926 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx17 M
Price To Book Value xxxxxxxxxxxxxxx0.62

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 xxxxxxxxxxxxxxx61 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx-1 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx2,219 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

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

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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UBS

19/02/2024

3

Neutral

$1.35

11.11%

UBS found Centuria Office REIT's first half perfomance in line with forecasts. Guidance for FFO of 13.8c and DPS of 12.0c was reaffirmed for FY24.

Leasing and asset sales are taking care of near-term leverage concerns, the broker points out. More assets will need to be divested to get gearing back to mid-30%.

UBS argues downside scenarios are less likely to eventuate, and overall applies rather minor changes to future estimates. Target $1.35. Neutral.

FORECAST
UBS forecasts a full year FY24 dividend of 12.00 cents and EPS of 14.00 cents.
UBS forecasts a full year FY25 dividend of 12.00 cents and EPS of 14.00 cents.

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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COF STOCK CHART