Cromwell Property Group (CMW) AI Stock Analysis

• Market Cap: AU$1.22B
• Dividend Yield: 6.38%
• Average Volume (3M): 5.62M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.70
• Revenue Growth: -5.64%
• EPS Growth: 89.16%
• Country: AU
• Employees: 380
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Office
• EPS (TTM): 0.02
• Shares Outstanding: 2,618,866,700
• 10 Day Avg. Volume: 3,152,778
• 30 Day Avg. Volume: 5,616,856
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: AU$0.50 ▲(6.38% Upside)

The overall stock score is primarily influenced by the company's financial performance challenges, particularly in profitability and revenue growth. Technical analysis provides a positive outlook with bullish momentum, while valuation concerns due to negative earnings are partially offset by a high dividend yield. The absence of earnings call and corporate events data means these factors do not influence the score.

Cromwell Property Group Business Overview & Revenue Model

Company Description

Cromwell Property Group (CMW) is a real estate investment and development company based in Australia, specializing in managing and investing in a diversified portfolio of commercial properties, including office buildings, retail spaces, and industrial assets. The company is focused on maximizing the value of its properties through active asset management, development projects, and strategic acquisitions, catering to both domestic and international investors.

How the Company Makes Money

Cromwell Property Group generates revenue primarily through its property management and investment activities. The company earns income from leasing commercial real estate to tenants, which provides a steady stream of rental revenue. Additionally, Cromwell engages in property development and redevelopment projects, which can yield significant profits upon completion and sale or lease of the developed assets. The firm also generates management fees from its investment funds and partnerships, where it manages capital on behalf of institutional and retail investors. Key partnerships with various stakeholders in the property sector and a focus on maximizing asset performance contribute to the company's earnings. Additionally, Cromwell may benefit from favorable market conditions, such as increased demand for commercial space and rising property values, thereby enhancing its overall revenue potential.

Cromwell Property Group Financial Statement Overview

Summary

Cromwell Property Group faces significant challenges, particularly in terms of profitability and revenue growth. While the company has managed to reduce its leverage and maintain a strong equity base, negative returns on equity and declining revenues are concerning. Cash flow metrics show some resilience, indicating potential for recovery if operational efficiencies can be improved.

Income Statement

Cromwell Property Group's income statement reveals significant challenges. The company has experienced declining revenue over the past few years, with a negative revenue growth rate of -2.16% in the latest year. Profitability metrics are concerning, with a negative net profit margin of -12.80% and a negative EBIT margin of -28.37%. These figures indicate operational inefficiencies and potential issues in cost management. The gross profit margin remains relatively strong at 82.45%, suggesting some resilience in core operations.

Balance Sheet

The balance sheet shows a moderate level of financial stability. The debt-to-equity ratio has improved to 0.46, indicating a reduction in leverage compared to previous years. However, the return on equity is negative at -1.55%, reflecting the company's inability to generate positive returns for shareholders. The equity ratio stands at 64.05%, suggesting a strong equity base relative to total assets, which provides some buffer against financial distress.

Cash Flow

Cash flow analysis indicates some positive trends. The free cash flow growth rate has rebounded to 69.10%, showing improved cash generation capabilities. The operating cash flow to net income ratio is 0.74, highlighting the company's ability to convert earnings into cash. The free cash flow to net income ratio is nearly 1, suggesting effective cash management despite negative net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	176.60M	176.60M	219.70M	349.50M	352.90M	361.40M
Gross Profit	145.60M	145.60M	182.00M	268.90M	280.10M	274.80M
EBITDA	121.30M	-45.90M	115.20M	-360.40M	160.10M	165.90M
Net Income	-58.60M	-22.60M	-541.10M	-443.80M	263.20M	308.20M
Balance Sheet
Total Assets	2.27B	2.27B	3.08B	4.22B	5.05B	5.01B
Cash, Cash Equivalents and Short-Term Investments	79.30M	79.30M	292.30M	113.90M	286.00M	142.30M
Total Debt	675.90M	675.90M	1.39B	1.82B	2.19B	2.19B
Total Liabilities	816.50M	816.50M	1.49B	2.00B	2.34B	2.34B
Stockholders Equity	1.45B	1.45B	1.59B	2.21B	2.71B	2.67B
Cash Flow
Free Cash Flow	102.00M	102.00M	108.10M	147.90M	174.80M	190.70M
Operating Cash Flow	102.60M	102.60M	113.00M	149.20M	175.60M	192.90M
Investing Cash Flow	384.40M	384.40M	602.10M	196.90M	126.30M	-60.50M
Financing Cash Flow	-720.60M	-720.60M	-519.30M	-521.40M	-150.60M	-176.60M

Cromwell Property Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.47
• 50DMA: Negative
• 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:CMW, the sentiment is Neutral. The current price of 0.47 is above the 20-day moving average (MA) of 0.47, above the 50-day MA of 0.47, and above the 200-day MA of 0.40, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.86 is Neutral, neither overbought nor oversold. The STOCH value of 41.67 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
DXI	70 Outperform	AU$894.70M	10.63	7.99%	5.83%	-8.67%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GDI	63 Neutral	AU$358.98M	10.08	5.37%	7.52%	17.85%	―
ABG	57 Neutral	AU$1.06B	39.53	1.70%	7.08%	4.69%	―
CMW	56 Neutral	AU$1.22B	-20.76	-9.33%	6.38%	-5.64%	89.16%
GOZ	53 Neutral	AU$1.92B	-15.44	-5.04%	7.84%	-0.33%	58.26%
COF	53 Neutral	AU$695.90M	-35.20	-1.91%	8.49%	-4.50%	88.28%

Cromwell Property Group Corporate Events

Cromwell Property Group Updates Director’s Securities Holdings

Cromwell Property Group announced a change in the director’s interest, specifically involving the acquisition and disposal of securities. The director, Jonathan Callaghan, acquired 686,039 stapled securities and disposed of 1,083,078 performance rights. This change is part of the company’s Stapled Security Incentive Plan, which ties incentives to the company’s financial performance, potentially impacting shareholder value and director alignment with company goals.

The most recent analyst rating on (AU:CMW) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Cromwell Property Group stock, see the AU:CMW Stock Forecast page.

Cromwell Property Group Announces 2025 Annual General Meeting

Cromwell Property Group has announced its Notice of Annual General Meeting for 2025, providing necessary documents such as a sample Proxy Form and Online Guide. This announcement is part of the company’s ongoing efforts to maintain transparency and engage with its stakeholders, reflecting its commitment to effective governance and investor relations.

The most recent analyst rating on (AU:CMW) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Cromwell Property Group stock, see the AU:CMW Stock Forecast page.

Cromwell Property Group to Wind Up Direct Property Fund

Cromwell Property Group announced that Cromwell Funds Management Limited will begin the process of realizing the assets of the Cromwell Direct Property Fund and winding up the fund following a recent liquidity event. The net proceeds from this process will be distributed progressively, although it is not expected to materially impact Cromwell’s FY26 operating earnings, with no changes to the FY26 distribution guidance.

The most recent analyst rating on (AU:CMW) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Cromwell Property Group stock, see the AU:CMW Stock Forecast page.

Cromwell Property Group Announces New Dividend Distribution

Cromwell Property Group has announced a new dividend distribution of AUD 0.0075 per fully paid ordinary/unit stapled security, with an ex-date of September 29, 2025, and a payment date set for November 14, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors and may influence its market positioning by demonstrating financial stability and shareholder value.

The most recent analyst rating on (AU:CMW) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Cromwell Property Group stock, see the AU:CMW Stock Forecast page.

Cromwell Property Group Announces 2025 Annual General Meeting

Cromwell Property Group has announced its 2025 Annual General Meeting (AGM) for shareholders and unitholders, scheduled for 11 November 2025. The meeting will be conducted in a hybrid format, allowing participation both online and in person in Brisbane. This announcement is significant as it outlines the company’s commitment to engaging with its stakeholders and provides an opportunity for nominations for director positions, indicating ongoing governance and strategic planning.

The most recent analyst rating on (AU:CMW) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Cromwell Property Group stock, see the AU:CMW Stock Forecast page.

Cromwell Property Group Announces Director Departure

Cromwell Property Group announced that Robert Stuart Blain has ceased to be a director as of August 28, 2025. This change in directorship is documented in the Final Director’s Interest Notice, which indicates that Blain held no relevant interests in securities or contracts at the time of his departure.

The most recent analyst rating on (AU:CMW) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Cromwell Property Group stock, see the AU:CMW Stock Forecast page.

Cromwell Property Group Releases 2025 Corporate Governance Statement

Cromwell Property Group has released its corporate governance statement for the financial year ending June 30, 2025, adhering to ASX Listing Rules. The statement, approved by the board, outlines the company’s compliance with ASX Corporate Governance Council’s recommendations, ensuring transparency and accountability in its operations.

The most recent analyst rating on (AU:CMW) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Cromwell Property Group stock, see the AU:CMW Stock Forecast page.

Cromwell Property Group’s 2025 Annual Report Highlights Financial Performance

Cromwell Property Group has released its 2025 Annual Report, which provides a comprehensive overview of the company’s financial performance and strategic direction. The report includes various financial statements and declarations, reflecting the company’s commitment to transparency and accountability. This release is significant for stakeholders as it offers insights into Cromwell’s operational efficiency and financial health, potentially impacting investor confidence and market positioning.

The most recent analyst rating on (AU:CMW) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Cromwell Property Group stock, see the AU:CMW Stock Forecast page.

Cromwell Property Group Reports Financial Results for 2025

Cromwell Property Group reported a challenging financial year ending June 2025, with a 15% decline in revenue and a 21% drop in operating profit compared to the previous year. Despite these setbacks, the company managed to significantly reduce its loss after tax by 96% and decrease its net debt by 37%, indicating a focus on improving financial stability. The distribution per security saw a slight decrease, and the distribution reinvestment plan was suspended for the year, reflecting cautious financial management amid market challenges.

The most recent analyst rating on (AU:CMW) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Cromwell Property Group stock, see the AU:CMW Stock Forecast page.

Cromwell Property Group Announces Major Shareholder Change

Cromwell Property Group has announced a significant change in its shareholder structure, as ESR Real Estate Investors XXI Pte. Ltd. and its associated entities have ceased to be substantial holders. This change comes after the disposal of over 520 million ordinary stapled securities in Cromwell, impacting the company’s shareholder composition and potentially its market positioning.

The most recent analyst rating on (AU:CMW) stock is a Hold with a A$0.46 price target. To see the full list of analyst forecasts on Cromwell Property Group stock, see the AU:CMW Stock Forecast page.

Cromwell Property Group Announces Portfolio Valuation Increase

Cromwell Property Group announced that its Australian Investment Portfolio has been independently revalued, showing an increase of $3.5 million, or 0.17%, from the previous valuation to $2,015 million as of 30 June 2025. The CEO, Jonathan Callaghan, stated that the stabilization of valuations positions Cromwell to capitalize on improving market conditions, with a focus on deploying the group’s refreshed balance sheet into value-accretive growth initiatives.

The most recent analyst rating on (AU:CMW) stock is a Hold with a A$0.46 price target. To see the full list of analyst forecasts on Cromwell Property Group stock, see the AU:CMW Stock Forecast page.