How to buy Carindale Property shares

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 $50.4 million.

How to buy shares in Carindale Property

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Carindale Property. Find the share by name or ticker symbol: CDP. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Carindale Property reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Carindale Property. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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Carindale Property share price

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Superhero share trading		AUD $5	No	ASX shares, ETFs	Pay zero brokerage on all Australian ETFs. Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.	Go to site More Info	Compare	loading Fetching your data...
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Is it a good time to buy Carindale Property stock?

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.

Is Carindale Property under- or over-valued?

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 P/E ratio

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.

Carindale Property share dividends

We're not expecting Carindale Property to pay a dividend over the next 12 months.

Carindale Property share price volatility

Over the last 12 months, Carindale Property's shares have ranged in value from as little as $2.4975 up to $5.5998. 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 1.0032. This would suggest that Carindale Property's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Carindale Property overview

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.

Frequently asked questions

• What percentage of Carindale Property is owned by insiders or institutions?

  Currently 2.833% of Carindale Property shares are held by insiders and 68.423% by institutions.

• When does the fiscal year end for Carindale Property?

  Carindale Property's fiscal year ends in June.

• Where is Carindale Property based?

  Carindale Property's address is: 85 Castlereagh Street, Sydney, NSW, Australia, 2000

• What is Carindale Property's ISIN number?

  Carindale Property's international securities identification number is: AU000000CDP1