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Carindale Property Trust is a reit—retail business based in Australia. Carindale Property shares (CDP) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Carindale Property has a trailing 12-month revenue of around $51.7 million.
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Since the stock market crash in March caused by coronavirus, Carindale Property's share price has had significant negative movement.
Its last market close was $3.56, which is 38.41% down on its pre-crash value of $5.78 and 31.85% up on the lowest point reached during the March crash when the shares fell as low as $2.7.
If you had bought $1,000 worth of Carindale Property shares at the start of February 2020, those shares would have been worth $521.02 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $598.33.
52-week range | $2.56 - $6.16 |
---|---|
50-day moving average | $3.415 |
200-day moving average | $3.3371 |
Target price | $7.99 |
PE ratio | 21.3892 |
Dividend yield | $0.36 (10.08%) |
Earnings per share (TTM) | $0.293 |
Standard brokerage - Australian shares
Competitive broker fees on Australian and international shares
Important: Share trading carries risk of capital loss.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the close of A$3.56 on 2020-10-22
1 week (2021-01-08) | -21.59% |
---|---|
1 month (2020-12-16) | -26.60% |
3 months (2020-10-16) | -4.30% |
6 months (2020-07-16) | 9.54% |
1 year (2020-01-16) | -41.25% |
---|---|
2 years (2019-01-16) | -50.35% |
3 years (2018-01-16) | -54.12% |
5 years (2016-01-15) | -47.02% |
Valuing Carindale Property stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Carindale Property's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Carindale Property's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Carindale Property shares trade at around 21x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Revenue TTM | $51.7 million |
---|---|
Operating margin TTM | 63.07% |
Gross profit TTM | $32.9 million |
Return on assets TTM | 2.54% |
Return on equity TTM | -21.4% |
Profit margin | -208.5% |
Book value | 6.329 |
Market capitalisation | $251.3 million |
TTM: trailing 12 months
We're not expecting Carindale Property to pay a dividend over the next 12 months.
Over the last 12 months, Carindale Property's shares have ranged in value from as little as $2.56 up to $6.16. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Carindale Property's is 0.7094. This would suggest that Carindale Property's shares are less volatile than average (for this exchange).
Westfield Carindale is situated in an affluent quarter of Brisbane's south-eastern suburbs approximately 12 kilometres from the Brisbane CBD. The centre services a trade area population of approximately 690,000 with the nearby Gateway Motorway offering residents to the north and south of the centre convenient access. One of the city's leading retail and lifestyle destinations, Westfield Carindale is home to many of Australia's most well-known retailers including David Jones, Myer, Harris Scarfe, Big W, Target, Coles, Woolworths, ALDI and Apple, as well as a host of premium fashion brands. An Event Cinemas complex and a range of other retailers including approximately 400 specialty stores complete the retail offer while the adjoining Carindale Home & Leisure Centre offers bulky goods retail.
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