Centuria Industrial REIT (CIP) AI Stock Analysis

• Market Cap: AU$2.23B
• Dividend Yield: 4.58%
• Average Volume (3M): 2.36M
• Price to Earnings (P/E): 16.8
• Beta (1Y): 0.64
• Revenue Growth: 4.39%
• EPS Growth: 176.52%
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Industrial
• EPS (TTM): 0.09
• Shares Outstanding: 631,559,500
• 10 Day Avg. Volume: 2,416,772
• 30 Day Avg. Volume: 2,359,082
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: AU$3.68
• Price Target Upside: 3.37% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 70 Outperform
• Price Target: AU$3.50 ▼(-1.69% Downside)

Centuria Industrial REIT's overall stock score is driven by strong technical indicators and a reasonable valuation. The company's financial performance is solid, but challenges in revenue growth and cash flow generation need to be addressed. The absence of earnings call data and corporate events does not impact the score significantly.

Centuria Industrial REIT Business Overview & Revenue Model

Company Description

CIP is Australia's largest domestic pure play industrial REIT and is included in the S&P/ASX 200 Index. CIP's portfolio of high-quality industrial assets is situated in key metropolitan locations throughout Australia and is underpinned by a quality and diverse tenant base. CIP is overseen by a hands on, active manager and provides investors with income and an opportunity for capital growth from a pure play portfolio of high quality Australian industrial assets. Centuria Property Funds No. 2 Limited (CPF2L), is the Responsible Entity for the ASX-listed Centuria Industrial REIT (CIP). CPF2L, is a wholly owned subsidiary of Centuria Capital Group (CNI). CNI is an ASX-listed specialist investment manager with $10.2 billion in total assets under management and strong offerings across listed real estate investment trusts, unlisted real estate funds and investment bonds.

How the Company Makes Money

Centuria Industrial REIT (CIP) generates revenue primarily through leasing its industrial properties to tenants. The company's revenue model focuses on collecting rental income from tenants in its portfolio of logistics, manufacturing, and distribution centers. CIP benefits from long-term leases, which provide steady cash flow and reduce vacancy risks. The company also makes money through property value appreciation, as well as strategic acquisitions and disposals of assets to optimize its portfolio. Additionally, CIP may engage in partnerships and joint ventures to expand its reach and enhance asset management capabilities, contributing to its financial performance.

Centuria Industrial REIT Financial Statement Overview

Summary

Centuria Industrial REIT demonstrates strong profitability and a stable balance sheet, but faces challenges with revenue growth and free cash flow generation. The company should focus on improving revenue growth and managing cash flows to ensure long-term financial health.

Income Statement

Centuria Industrial REIT shows strong gross profit margins consistently above 89%, indicating efficient cost management. However, the net profit margin has been volatile, with a significant drop in 2023 due to a net loss, but it rebounded in 2024 and 2025. Revenue growth has been inconsistent, with a decline in 2025, which could be a concern for future earnings stability.

Balance Sheet

The company maintains a moderate debt-to-equity ratio around 0.54, suggesting a balanced approach to leverage. Return on equity has improved significantly in 2025, indicating better profitability from shareholders' equity. The equity ratio remains stable, reflecting a solid capital structure.

Cash Flow

Operating cash flow has been stable, but free cash flow growth has been negative in recent years, which could impact future investment capabilities. The free cash flow to net income ratio is strong at 1.0, indicating efficient cash generation relative to net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	233.32M	233.32M	227.93M	228.61M	205.36M	160.36M
Gross Profit	210.29M	210.29M	204.84M	204.40M	182.89M	146.24M
EBITDA	73.33M	192.03M	143.59M	143.68M	133.22M	111.79M
Net Income	133.06M	133.06M	48.15M	-76.61M	367.48M	611.24M
Balance Sheet
Total Assets	3.93B	3.93B	3.88B	3.91B	4.15B	3.11B
Cash, Cash Equivalents and Short-Term Investments	15.04M	15.04M	16.54M	20.87M	26.60M	105.54M
Total Debt	1.36B	1.36B	1.33B	1.29B	1.37B	933.28M
Total Liabilities	1.44B	1.44B	1.43B	1.40B	1.46B	983.56M
Stockholders Equity	2.49B	2.49B	2.46B	2.51B	2.69B	2.12B
Cash Flow
Free Cash Flow	95.88M	95.88M	95.54M	14.16M	111.93M	83.67M
Operating Cash Flow	95.88M	95.88M	95.54M	97.60M	111.93M	83.67M
Investing Cash Flow	-6.88M	-6.88M	-40.12M	83.45M	-822.09M	-851.57M
Financing Cash Flow	-90.49M	-90.49M	-59.76M	-186.79M	631.22M	856.37M

Centuria Industrial REIT Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.56
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CIP, the sentiment is Positive. The current price of 3.56 is above the 20-day moving average (MA) of 3.44, above the 50-day MA of 3.34, and above the 200-day MA of 3.03, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 73.62 is Negative, neither overbought nor oversold. The STOCH value of 75.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CIP.

Centuria Industrial REIT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CIP	70 Outperform	AU$2.23B	16.84	5.38%	4.58%	4.39%	176.52%
DXI	67 Neutral	929.60M	11.00	4.96%	5.60%	-8.67%	―
HMC	63 Neutral	1.35B	9.11	8.88%	3.66%	206.14%	101.96%
GOZ	59 Neutral	1.93B	-15.50	-5.34%	7.93%	-0.33%	58.26%
CLW	59 Neutral	3.20B	27.17	3.63%	5.54%	-9.63%	―
PXA	53 Neutral	2.80B	-36.66	-6.66%	―	15.75%	-323.25%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Centuria Industrial REIT Corporate Events

Centuria Industrial REIT Adjusts Exchange Price for 2028 Notes

Centuria Industrial REIT announced an adjustment to the exchange price of its A$300 million exchangeable notes due in 2028, following an extraordinary distribution to unitholders. The exchange price has been revised from A$4.0023 to A$3.9510 per unit, effective from June 27, 2025. This adjustment reflects changes in the threshold amount and is part of the company’s ongoing financial management strategy, potentially impacting noteholders and the company’s market positioning.

The most recent analyst rating on (AU:CIP) stock is a Hold with a A$3.81 price target. To see the full list of analyst forecasts on Centuria Industrial REIT stock, see the AU:CIP Stock Forecast page.

Centuria Industrial REIT to Announce FY25 Results on August 6

Centuria Industrial REIT announced that its financial results for the fiscal year ending June 30, 2025, will be released on August 6, 2025. A management briefing will follow the release, providing insights into the company’s performance and strategic direction. This announcement is significant for stakeholders as it offers a glimpse into the company’s operational health and future prospects, potentially impacting investor decisions and market positioning.

The most recent analyst rating on (AU:CIP) stock is a Hold with a A$3.81 price target. To see the full list of analyst forecasts on Centuria Industrial REIT stock, see the AU:CIP Stock Forecast page.

Centuria Industrial REIT Declares June 2025 Distribution

Centuria Industrial REIT announced a distribution of 4.075 cents per unit for the quarter ending 30 June 2025. The Distribution Reinvestment Plan will remain suspended for this period, with key dates set for the ex-distribution, record, and payment dates. This announcement reflects CIP’s ongoing commitment to providing income to its investors while managing its high-quality industrial asset portfolio.

The most recent analyst rating on (AU:CIP) stock is a Hold with a A$3.81 price target. To see the full list of analyst forecasts on Centuria Industrial REIT stock, see the AU:CIP Stock Forecast page.

Centuria Industrial REIT Declares Quarterly Distribution

Centuria Industrial REIT announced a new distribution of AUD 0.04075 per unit for the quarter ending June 30, 2025. The ex-date for this distribution is June 27, 2025, with a record date of June 30, 2025, and payment scheduled for August 8, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors and may impact its market positioning by reinforcing investor confidence.

The most recent analyst rating on (AU:CIP) stock is a Hold with a A$3.85 price target. To see the full list of analyst forecasts on Centuria Industrial REIT stock, see the AU:CIP Stock Forecast page.

Centuria Industrial REIT Adjusts Exchange Price of Notes Following Distribution

Centuria Industrial REIT announced an adjustment in the exchange price of its A$300 million exchangeable notes due 2028, following an extraordinary distribution to unitholders. The exchange price has been revised from A$4.0628 to A$4.0023 per unit, effective from March 28, 2025. This adjustment also affects the threshold amount, which has been modified from A$0.08 to A$0.0769. These changes reflect the company’s ongoing efforts to manage its financial instruments and provide clarity to its stakeholders.

The most recent analyst rating on (AU:CIP) stock is a Hold with a A$3.81 price target. To see the full list of analyst forecasts on Centuria Industrial REIT stock, see the AU:CIP Stock Forecast page.

Centuria Industrial REIT Reports Strong Q3 FY25 Leasing Activity and Strategic Acquisitions

Centuria Industrial REIT has reported strong leasing activity in Q3 FY25, with lease agreements covering approximately 102,000 square meters year-to-date, reflecting a 41% positive re-leasing spread. The company is advancing its development projects in Direk, SA, and Derrimut, VIC, and has acquired a 30% interest in a $38.6 million industrial facility in Canning Vale, WA, as part of its land consolidation strategy. The REIT reaffirms its FY25 guidance, highlighting increased investment demand for urban infill industrial properties, which positions it well for future growth.

The most recent analyst rating on (AU:CIP) stock is a Hold with a A$3.81 price target. To see the full list of analyst forecasts on Centuria Industrial REIT stock, see the AU:CIP Stock Forecast page.