Cromwell Property Group CMW
Trading Information
- Previous Close Price
- A$0.47
- Day Range
- A$0.46–0.47
- 52-Week Range
- A$0.31–0.48
- Bid/Ask
- A$0.46 / A$0.47
- Market Cap
- A$1.20 Bil
- Volume/Avg
- 1.1 Mil / 1.6 Mil
Key Statistics
- Price/Earnings (Normalized)
- 13.18
- Price/Sales
- 6.42
- Dividend Yield (Trailing)
- 6.52%
- Dividend Yield (Forward)
- 6.52%
- Total Yield
- 6.56%
Company Profile
Cromwell Property Group is an internally managed Australian real estate investment trust. It owns a property portfolio of mostly Australian offices, and also develops and manages properties on behalf of third-party investors in Australia and New Zealand. The group has sold or is in the process of selling its European business in 2024, and once complete, Cromwell's gearing should reduce substantially. This additional financial strength means the business could shift in a variety of directions. Management intends to provide more info at its August 2024 results about possible capital management initiatives. It previously contemplated spinning its office assets into a separate REIT. This remains a possibility but might require an improvement in office market conditons first.
- Sector
- Real Estate
- Industry
- REIT - Office
- Stock Style Box
- Small Value
- Total Number of Employees
- 16
Comparables
Valuation
|
Metric
|
CMW
|
CIP
|
GMT
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.18 | 24.53 | 54.33 |
Price/Book Value | 0.76 | 0.84 | 1.03 |
Price/Sales | 6.42 | 9.30 | 11.94 |
Price/Cash Flow | 11.25 | 21.57 | 26.00 |
Price/Earnings
CMW
CIP
GMT
Financial Strength
|
Metric
|
CMW
|
CIP
|
GMT
|
|---|---|---|---|
Quick Ratio | 1.16 | 0.59 | 0.04 |
Current Ratio | 2.89 | 1.71 | 0.12 |
Interest Coverage | −2.81 | 1.91 | −13.65 |
Quick Ratio
CMW
CIP
GMT
Profitability
|
Metric
|
CMW
|
CIP
|
GMT
|
|---|---|---|---|
Return on Assets (Normalized) | −8.01% | 1.57% | −11.82% |
Return on Equity (Normalized) | −15.70% | 2.46% | −17.34% |
Return on Invested Capital (Normalized) | −7.15% | 2.93% | −12.38% |
Return on Assets
CMW
CIP
GMT
REIT - Office Industry Comparables
|
1-Day Chart
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United States