Carindale Property Trust (CDP) AI Stock Analysis

• Market Cap: €450.92M
• Dividend Yield: 5.35%
• Average Volume (3M): 6.38K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 0.17
• Revenue Growth: 6.42%
• EPS Growth: 391.73%
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): 0.18
• Shares Outstanding: 82,737,210
• 10 Day Avg. Volume: 8,832
• 30 Day Avg. Volume: 6,385
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €5.92
• Price Target Upside: 10.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 73 Outperform
• Price Target: AU$6.00 ▲(11.94% Upside)

Carindale Property Trust's overall stock score is driven by its strong financial performance and attractive valuation. The company's consistent revenue growth, profitability, and cash flow management are significant strengths. While technical indicators suggest a neutral trend, the valuation metrics provide a compelling case for investment.

Carindale Property Trust Business Overview & Revenue Model

Company Description

Carindale Property Trust (CDP) is a real estate investment trust (REIT) that primarily focuses on the ownership, management, and development of retail and commercial properties. Operating mainly in Australia, CDP invests in high-quality assets, including shopping centers and office spaces, providing a diverse portfolio aimed at generating stable income and capital growth. The trust seeks to deliver attractive returns to its unitholders through strategic property acquisitions and active asset management.

How the Company Makes Money

Carindale Property Trust generates revenue primarily through leasing income from its retail and commercial property holdings. This includes rental payments from tenants occupying the properties within its portfolio. The company benefits from long-term leases with its tenants, which provide a steady cash flow. Additionally, CDP may earn income through property management fees and service charges related to the upkeep and management of their assets. The trust may also engage in property development projects, generating revenue through the sale or leasing of newly developed spaces. Strategic partnerships with retailers and businesses can enhance tenant occupancy rates and optimize rental income, thus contributing to the overall profitability of the trust.

Carindale Property Trust Financial Statement Overview

Summary

Carindale Property Trust exhibits solid financial performance with consistent revenue growth, strong profitability, and effective cash flow management. The company has improved its financial metrics over the years, reducing leverage and enhancing shareholder returns. However, some fluctuations in operational margins present potential challenges.

Income Statement

Carindale Property Trust has demonstrated consistent revenue growth over the past few years, with a notable increase of 3.79% in the latest year. The company maintains strong profitability metrics, with a high gross profit margin and a significant improvement in net profit margin, indicating efficient cost management. However, the EBIT margin has shown some volatility, which could indicate potential operational challenges.

Balance Sheet

The balance sheet reflects a stable financial position with a reasonable debt-to-equity ratio, which has been decreasing over the years, indicating effective debt management. The return on equity has improved significantly, showcasing enhanced profitability for shareholders. However, the equity ratio suggests that the company relies moderately on debt financing, which could pose risks if market conditions change.

Cash Flow

Carindale Property Trust has shown strong cash flow performance, with a healthy free cash flow growth rate of 6.64% in the latest year. The operating cash flow to net income ratio indicates robust cash generation relative to earnings, and the free cash flow to net income ratio consistently at 1.0 suggests efficient conversion of earnings into cash. This strong cash flow position supports the company's ability to invest and manage debt effectively.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	45.92M	61.59M	57.87M	54.90M	52.72M	50.11M
Gross Profit	28.86M	38.68M	36.34M	34.78M	32.38M	30.96M
EBITDA	0.00	49.01M	37.13M	35.42M	34.37M	34.70M
Net Income	29.12M	39.15M	7.62M	8.02M	66.52M	39.42M
Balance Sheet
Total Assets	793.33M	793.33M	774.83M	788.69M	799.02M	756.11M
Cash, Cash Equivalents and Short-Term Investments	2.70M	2.70M	2.05M	3.37M	3.85M	2.41M
Total Debt	210.09M	210.09M	225.19M	240.55M	253.05M	270.56M
Total Liabilities	232.30M	232.30M	245.15M	260.27M	272.37M	289.77M
Stockholders Equity	561.02M	561.02M	529.68M	528.42M	526.65M	466.34M
Cash Flow
Free Cash Flow	22.62M	30.48M	26.44M	27.80M	28.09M	24.24M
Operating Cash Flow	22.62M	30.48M	26.44M	27.80M	28.09M	24.24M
Investing Cash Flow	-7.95M	-7.95M	-6.51M	-10.39M	-3.98M	-7.60M
Financing Cash Flow	-21.88M	-21.88M	-21.25M	-17.90M	-22.67M	-19.05M

Carindale Property Trust Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.36
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CDP, the sentiment is Positive. The current price of 5.36 is below the 20-day moving average (MA) of 5.50, below the 50-day MA of 5.36, and above the 200-day MA of 4.82, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 50.34 is Neutral, neither overbought nor oversold. The STOCH value of 41.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CDP.

Carindale Property Trust Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HDN	80 Outperform	AU$2.82B	11.23	8.25%	6.29%	2.70%	205.08%
CDP	73 Outperform	€450.92M	11.31	7.25%	5.35%	6.42%	391.73%
CQR	73 Outperform	€2.37B	11.09	8.13%	4.59%	-9.69%	1142.57%
DXC	73 Outperform	AU$411.89M	10.46	7.93%	6.94%	-3.97%	1057.09%
RGN	69 Neutral	$2.74B	12.91	7.29%	5.85%	0.03%	1135.14%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
COF	49 Neutral	AU$704.86M	―	-1.91%	8.56%	-4.50%	88.28%

Carindale Property Trust Corporate Events

Carindale Property Trust Announces New Dividend Distribution

Carindale Property Trust has announced a new dividend distribution of AUD 0.1423 per ordinary unit for the six-month period ending June 30, 2025. The ex-dividend date is set for June 27, 2025, with the record date on June 30, 2025, and the payment date scheduled for August 29, 2025. This announcement reflects the company’s ongoing financial strategies and may impact investor decisions and market positioning.

The most recent analyst rating on (AU:CDP) stock is a Buy with a A$5.70 price target. To see the full list of analyst forecasts on Carindale Property Trust stock, see the AU:CDP Stock Forecast page.

Carindale Property Trust Announces Change in Registry Address

Carindale Property Trust has announced a change in the registry address for its Sydney office of Computershare Investor Services Pty Limited, effective from 10 June 2025. This change requires all documentation lodgements by member organisations, securityholders, and other parties to be made at the new address, which may impact operational processes for stakeholders involved.

The most recent analyst rating on (AU:CDP) stock is a Buy with a A$5.70 price target. To see the full list of analyst forecasts on Carindale Property Trust stock, see the AU:CDP Stock Forecast page.

Carindale Property Trust Suspends DRP for June 2025 Distribution

Carindale Property Trust, a company listed on the ASX under the ticker CDP, has announced that its Distribution Reinvestment Plan (DRP) will not be in effect for the distribution period ending 30 June 2025. This decision means that securityholders with a standing nomination for the DRP will not have it applied for this period, and no further action is required from them. The company will announce an estimated distribution for the six months ending 30 June 2025 in June, with final distributions to be paid on 29 August 2025.

The most recent analyst rating on (AU:CDP) stock is a Buy with a A$5.70 price target. To see the full list of analyst forecasts on Carindale Property Trust stock, see the AU:CDP Stock Forecast page.