Cromwell Property Group (CMW) AI Stock Analysis

• Market Cap: AU$995.17M
• Dividend Yield: 7.89%
• Average Volume (3M): 1.61M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.91
• Revenue Growth: -52.49%
• EPS Growth: 47.09%
• Country: AU
• Employees: 380
• Sector: Real Estate
• Sector Strength: 66
• Industry: REIT - Office
• EPS (TTM): -0.12
• Shares Outstanding: 2,618,866,700
• 10 Day Avg. Volume: 1,816,689
• 30 Day Avg. Volume: 1,611,281
• PEG Ratio: 0.02
• Price to Book (P/B): 0.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.82
• 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$0.45
• Price Target Upside: 18.42% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

Cromwell Property Group's overall stock score reflects significant challenges, particularly in financial performance, with declining revenue and profitability. The technical analysis provides some optimism with short-term upward momentum, but the valuation is hindered by a negative P/E ratio, despite a high dividend yield. Overall, while there are short-term opportunities, the company needs to address its financial health for long-term stability.

Cromwell Property Group Business Overview & Revenue Model

Company Description

Cromwell Property Group (CMW) is a real estate investment and management company headquartered in Australia. It operates across various sectors including office, retail, industrial, and healthcare properties. The group focuses on property investment, funds management, and property services, offering a diverse range of real estate solutions to investors and tenants. With operations spanning multiple countries, Cromwell Property Group has a significant presence in the real estate markets of Australia, Europe, and New Zealand.

How the Company Makes Money

Cromwell Property Group makes money primarily through rental income from its portfolio of diversified real estate assets, comprising office, retail, industrial, and healthcare properties. The company also generates revenue by managing real estate funds for institutional and retail investors, earning management fees based on the size and performance of these funds. Additionally, Cromwell provides property management and leasing services, further contributing to its income. Strategic partnerships and joint ventures in various markets enhance its investment capabilities and revenue potential. The diversification of asset types and geographic locations helps mitigate risks and offers stable, long-term returns for shareholders.

Cromwell Property Group Financial Statement Overview

Summary

Cromwell Property Group faces challenges with declining revenue and profitability, reflected in its income statement. The balance sheet shows a solid equity base but high leverage. Despite positive cash flow generation, inconsistency in cash flow growth suggests operational volatility. Strategic measures are needed to improve revenue and profitability while managing debt levels.

Income Statement

The income statement shows a concerning trend with declining total revenue from 2020 to 2024 and negative net income in recent years. Gross profit margin is relatively strong, but the net profit margin is negative due to substantial losses. The revenue growth rate is negative, indicating a downturn in the company's top-line performance.

Balance Sheet

The balance sheet reveals a strong equity position relative to total assets, with an improving equity ratio over time. However, the debt-to-equity ratio is significant, indicating reliance on debt financing. The return on equity is negative in the latest period due to net losses, posing a risk to financial stability.

Cash Flow

Cash flow analysis shows positive free cash flow, suggesting operational efficiency in generating cash. The operating cash flow to net income ratio indicates better cash generation than reported net income. However, free cash flow growth has been inconsistent, reflecting volatility in cash management.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
180.50M	188.00M	349.50M	352.90M	361.40M	408.20M
	Gross Profit
152.00M	150.30M	261.50M	274.50M	274.80M	336.20M
	EBIT
118.90M	108.40M	147.40M	154.10M	160.50M	204.60M
	EBITDA
125.80M	115.20M	-360.40M	160.10M	165.90M	212.00M
	Net Income Common Stockholders
-288.80M	-541.10M	-443.80M	263.20M	308.20M	181.10M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
156.00M	292.30M	113.90M	286.00M	142.30M	194.10M
	Total Assets
3.85B	3.08B	4.22B	5.05B	5.01B	4.98B
	Total Debt
1.58B	1.39B	1.82B	2.19B	2.19B	2.19B
	Net Debt
1.42B	1.10B	1.71B	1.91B	2.04B	2.00B
	Total Liabilities
1.97B	1.49B	2.00B	2.34B	2.34B	2.40B
	Stockholders Equity
1.89B	1.59B	2.21B	2.71B	2.67B	2.58B
Cash Flow		Free Cash Flow
101.30M	108.10M	147.90M	174.80M	190.70M	199.60M
	Operating Cash Flow
102.60M	113.00M	149.20M	175.60M	192.90M	201.30M
	Investing Cash Flow
975.70M	602.10M	196.90M	126.30M	-60.50M	-1.13B
	Financing Cash Flow
-604.20M	-519.30M	-521.40M	-150.60M	-176.60M	1.03B

Cromwell Property Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.38
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CMW, the sentiment is Neutral. The current price of 0.38 is above the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.37, and below the 200-day MA of 0.39, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.72 is Neutral, neither overbought nor oversold. The STOCH value of 73.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:CMW.

Cromwell Property Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VCX	74 Outperform	$11.04B	13.50	7.73%	6.04%	1.97%	156.14%
SCG	64 Neutral	$19.04B	18.09	5.94%	4.83%	5.05%	500.30%
Sector *	60 Neutral	$2.83B	10.92	0.21%	8543.15%	5.98%	-17.76%
CMW	58 Neutral	AU$995.17M	―	-12.54%	7.89%	-52.49%	47.09%
GPT	54 Neutral	$8.98B	―	-1.94%	5.30%	8.59%	16.36%
CHC	54 Neutral	$8.53B	294.13	1.03%	2.44%	-19.75%	―
DXS	52 Neutral	$8.08B	―	-9.22%	5.51%	0.32%	28.89%

Cromwell Property Group Corporate Events

Cromwell Property Group Announces Registry Office Relocation

Cromwell Property Group has announced a change in the address of its registry office, MUFG Corporate Markets (AU) Limited, effective from 14 April 2025. The move to Liberty Place in Sydney aims to streamline operations, requiring all documentation to be lodged at the new address, potentially impacting stakeholders who interact with the registry.

Cromwell Property Group Announces New Dividend Distribution

Cromwell Property Group has announced a new dividend distribution for its fully paid ordinary units stapled securities, with a distribution amount of AUD 0.0075 per unit. The ex-date is set for March 28, 2025, and the payment date is scheduled for May 16, 2025, reflecting the company’s ongoing commitment to providing returns to its investors.

Cromwell Property Group Updates Director’s Securities Interest

Cromwell Property Group announced a change in the director’s interest in securities, specifically involving Jonathan Callaghan. The change includes the acquisition of 311,812 stapled securities as part of a short-term incentive plan for the 2024 financial year, with a holding lock for 12 months. This adjustment reflects the company’s ongoing commitment to aligning executive incentives with performance outcomes, potentially impacting stakeholder confidence and market perception.

Cromwell Property Group Strengthens Position with European Sale Amid Market Recovery Signs

Cromwell Property Group announced its half-year results, highlighting the completion of the sale of its European Platform, which has strengthened its financial position by reducing gearing and increasing liquidity. Despite reporting a statutory loss due to asset valuation declines, the company maintains robust operational performance with a strong investment portfolio and active leasing markets. The Group is focused on driving growth through active asset management and expanding its investment management platform, positioning itself for future opportunities as the market shows signs of recovery.

Cromwell Property Group Reports Decline in Revenue but Reduces Debt

Cromwell Property Group reported a decline in revenue and operating profit for the six months ending December 2024, with a 21% drop in revenue and a 34% decrease in operating profit compared to the previous year. Despite these challenges, the company managed to reduce its net debt by 40% and improve its loss after tax from continuing operations by 39%, indicating a strategic focus on debt reduction and operational efficiency.