Carindale Property Trust (CDP) AI Stock Analysis

• Market Cap: AU$455.05M
• Dividend Yield: 4.98%
• Average Volume (3M): 7.01K
• Price to Earnings (P/E): 11.5
• Beta (1Y): 0.04
• 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: 5,834
• 30 Day Avg. Volume: 7,006
• PEG Ratio: 0.03
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 6.43
• P/FCF Ratio: 12.98
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: AU$6.00 ▲(6.19% Upside)

Carindale Property Trust's strong financial performance and attractive valuation are the primary drivers of its overall score. The company's consistent revenue growth and effective cash flow management enhance its financial stability. While technical indicators show mixed signals, the stock's valuation and dividend yield provide a compelling investment case.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business model, supporting long-term financial stability and expansion.

Cash Flow Management

Strong cash flow management ensures the company can effectively invest in growth opportunities and manage debt, enhancing financial resilience.

Debt Management

Effective debt management reduces financial risk and increases the company's ability to navigate economic fluctuations, supporting long-term growth.

Negative Factors

Operational Margin Volatility

Volatility in operational margins can signal inefficiencies or market pressures, potentially impacting profitability and strategic planning.

Moderate Debt Reliance

Moderate reliance on debt can limit financial flexibility and increase vulnerability to interest rate changes or economic downturns.

Market Conditions Risk

Changes in market conditions could affect debt servicing and refinancing capabilities, impacting long-term financial health and growth potential.

Carindale Property Trust Business Overview & Revenue Model

Company Description

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.

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 managed to improve its financial metrics over the years, reducing leverage and enhancing shareholder returns. While there are some fluctuations in operational margins, the overall financial health remains strong, positioning the company well for future growth.

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	49.94M	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: 5.65
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

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 5.65 is above the 20-day moving average (MA) of 5.48, above the 50-day MA of 5.38, and above the 200-day MA of 4.99, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 55.61 is Neutral, neither overbought nor oversold. The STOCH value of 16.10 is Positive, 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$2.85B	11.40	8.25%	6.09%	2.70%	205.08%
CDP	73 Outperform	AU$455.05M	11.52	7.25%	4.98%	6.42%	391.73%
RGN	69 Neutral	AU$2.70B	12.86	7.29%	5.61%	0.03%	1135.14%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
CQR	64 Neutral	AU$2.35B	11.06	8.13%	7.72%	-9.69%	1142.57%
DXC	64 Neutral	AU$399.49M	10.04	7.93%	7.46%	-3.97%	1057.09%
COF	53 Neutral	AU$669.02M	-33.99	-1.91%	8.63%	-4.50%	88.28%

Carindale Property Trust Corporate Events

Carindale Property Trust Declares Six-Month Distribution for December 2025 Period

Carindale Property Trust has declared a six‑month distribution of AUD 0.149415 per fully paid ordinary unit for the period ending 31 December 2025. The units will trade ex‑distribution on 30 December 2025, with a record date of 31 December 2025 and payment scheduled for 27 February 2026, providing unitholders with visibility on near‑term income and underscoring the trust’s continued focus on delivering regular cash returns to investors.

The most recent analyst rating on (AU:CDP) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Carindale Property Trust stock, see the AU:CDP Stock Forecast page.