Cedar Woods Properties Limited (AU:CWP)
ASX:CWP
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Cedar Woods Properties Limited
(Sydney:CWP)
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Rating:69Neutral
Price Target:
AU$8.00
▲(10.19% Upside)
Action:DowngradedDate:10/24/25
Cedar Woods Properties Limited demonstrates strong financial performance with robust revenue growth and a solid balance sheet. The technical analysis indicates bullish momentum, though caution is advised due to overbought signals. The valuation is reasonable with an attractive dividend yield, making it appealing for income investors.
Positive Factors
Balance sheet strength
A low leverage profile and a 57% equity ratio provide durable financial flexibility for multi-year development cycles, allowing Cedar Woods to fund land buys and civil works with less refinancing stress. A mid-single-digit ROE indicates consistent returns on capital for long-term project throughput.
Negative Factors
Cash flow volatility
Large swings in free cash flow and a low OCF-to-net-income ratio indicate timing mismatch between profit recognition and actual cash receipts. Over development cycles this can strain working capital, increase reliance on external financing, and elevate execution risk on multi-stage projects.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
A low leverage profile and a 57% equity ratio provide durable financial flexibility for multi-year development cycles, allowing Cedar Woods to fund land buys and civil works with less refinancing stress. A mid-single-digit ROE indicates consistent returns on capital for long-term project throughput.
Read all positive factors
Cedar Woods Properties Limited (CWP) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$617.65M
Dividend Yield3.32%
Average Volume (3M)303.77K
Price to Earnings (P/E)4.5
Beta (1Y)1.03
Revenue Growth14.95%
EPS Growth18.79%
CountryAU
Employees99
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)0.47
Shares Outstanding85,075,750
10 Day Avg. Volume211,088
30 Day Avg. Volume303,768
Financial Highlights & Ratios
PEG Ratio0.66
Price to Book (P/B)1.20
Price to Sales (P/S)1.26
P/FCF Ratio17.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$9.95Price Target Upside37.01% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.74
Revenue Forecast (FY)AU$507.31M
Cedar Woods Properties Limited Business Overview & Revenue Model
Company Description
Cedar Woods Properties Limited engages in property investment and development activities in Australia. It is involved in the urban land subdivision and development of residential, commercial, and retail properties in Western Australia, South Austr...
How the Company Makes Money
CWP primarily makes money through property development revenue generated from the sale of finished real estate products created from its development pipeline. Key revenue streams typically include: (1) sale of residential lots—CWP acquires and rez...
Cedar Woods Properties Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
72
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 546.41M | 465.94M | 386.35M | 392.46M | 334.52M | 302.60M |
| Gross Profit | 177.34M | 132.27M | 95.71M | 98.40M | 97.88M | 94.93M |
| EBITDA | 119.85M | 86.14M | 70.19M | 52.34M | 57.39M | 53.61M |
| Net Income | 72.69M | 48.14M | 40.49M | 31.64M | 37.39M | 32.83M |
Balance Sheet | ||||||
| Total Assets | 853.92M | 857.68M | 743.59M | 783.40M | 796.39M | 651.80M |
| Cash, Cash Equivalents and Short-Term Investments | 19.20M | 8.57M | 21.95M | 6.80M | 2.96M | 5.39M |
| Total Debt | 203.44M | 136.21M | 144.56M | 278.27M | 315.07M | 214.02M |
| Total Liabilities | 324.13M | 368.49M | 282.80M | 352.30M | 375.16M | 251.44M |
| Stockholders Equity | 529.79M | 489.19M | 460.79M | 431.10M | 421.22M | 400.36M |
Cash Flow | ||||||
| Free Cash Flow | 121.14M | 33.87M | 29.49M | 21.93M | -66.83M | 40.00M |
| Operating Cash Flow | 121.88M | 34.59M | 31.21M | 23.70M | -65.84M | 41.59M |
| Investing Cash Flow | -741.00K | -8.80M | 49.60M | -2.32M | -703.00K | -321.00K |
| Financing Cash Flow | -105.01M | -39.17M | -65.67M | -17.54M | 64.11M | -38.57M |
Cedar Woods Properties Limited Technical Analysis
Negative
7.26
Price Trends
7.78
Negative
8.06
Negative
7.70
Negative
Market Momentum
-0.22
Negative
42.97
Neutral
55.17
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CWP, the sentiment is Negative. The current price of 7.26 is below the 20-day moving average (MA) of 7.45, below the 50-day MA of 7.78, and below the 200-day MA of 7.70, indicating a bearish trend. The MACD of -0.22 indicates Negative momentum. The RSI at 42.97 is Neutral, neither overbought nor oversold. The STOCH value of 55.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CWP.
Cedar Woods Properties Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$898.87M | 4.55 | 13.71% | 3.88% | 41.77% | 60.62% | |
69 Neutral | AU$617.65M | 4.51 | 14.27% | 3.32% | 14.95% | 18.79% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
54 Neutral | AU$379.62M | -3.71 | -12.95% | 11.21% | -16.67% | -1419.67% | |
53 Neutral | AU$564.48M | 2.79 | 6.22% | 8.63% | -4.50% | 88.28% | |
46 Neutral | AU$318.50M | 5.21 | 4.91% | 7.69% | 17.85% | ― | |
46 Neutral | AU$19.09M | -11.24 | -14.04% | ― | -81.98% | -131.34% |
* Real Estate Sector Average
AU:CWP
Cedar Woods Properties Limited
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Cedar Woods Properties Limited Corporate Events
Cedar Woods director Hames lifts stake with $7.00 on‑market share purchase
Apr 10, 2026
Cedar Woods director William George Hames has increased his stake in the company through an on‑market purchase of 84,500 ordinary shares at an average price of $7.00 per share. The transaction lifts his total holding, including direct and in...
Cedar Woods Announces Lapse of 27,109 Performance Rights
Apr 2, 2026
Cedar Woods Properties Limited has notified the market that 27,109 performance rights, classified as CWPAE securities, have lapsed. The lapse occurred on 31 March 2026 because the conditions attached to these performance rights were not satisfied ...
Cedar Woods Suspends DRP and BSP for Interim Dividend, Opts for Cash-Only Payout
Apr 2, 2026
Cedar Woods Properties Limited has updated its dividend notification for the interim period ended 31 December 2025, confirming key dates including an ex-dividend date of 23 March 2026, a record date of 24 March 2026, and a cash payment to be made ...
Cedar Woods Halts DRP and BSP, Opts for Cash FY26 Interim Dividend
Apr 2, 2026
Cedar Woods Properties Limited has suspended its Dividend Reinvestment Plan and Bonus Share Plan for the FY26 interim dividend, opting instead to pay the dividend entirely in cash to eligible shareholders on 24 April 2026. The board’s decisi...
Cedar Woods Director Nathan Blackburne Increases Indirect Shareholding
Mar 26, 2026
Cedar Woods Properties Limited has disclosed a change in director Nathan John Blackburne’s indirect interest in the company’s shares, reflecting additional on-market purchases via the Stephanie Super Fund, of which he is a beneficiary....
Cedar Woods Maps Out FY26 Half-Year Results and Strategic Focus
Feb 23, 2026
Cedar Woods Properties Limited has outlined its FY26 half-year financial results, accompanied by a detailed agenda covering company overview, results summary, financial statements, market conditions, portfolio composition, acquisitions, and outloo...
Cedar Woods Lifts Profit Guidance on Record First-Half Earnings and Strong Presales
Feb 23, 2026
Cedar Woods Properties Limited reported a record first-half FY26 net profit after tax of $39.6 million, up 163% on the prior period, driven by a 40% rise in revenue to $274.8 million and an improved gross margin of 31%. The company declared a 40% ...
Cedar Woods Issues Interim Financial Report for FY2025 Period
Feb 23, 2026
Cedar Woods Properties Limited has released its interim financial report, which includes condensed consolidated financial statements, directors’ and auditor’s reports, and related declarations for the half-year period. The company note...
Cedar Woods Profit Surges as Revenue Jumps, Dividend Lifted 40%
Feb 23, 2026
Cedar Woods Properties Limited reported a strong first half for the year ended 31 December 2025, with revenue rising 40.3% to $274.8 million and profit after tax attributable to members jumping 163.6% to $39.6 million. Basic earnings per share sur...
Cedar Woods Sets Timetable and Webcast Plan for FY26 Half-Year Results
Jan 21, 2026
Cedar Woods Properties Limited has outlined the key dates for its first-half FY26 financial reporting cycle, including the release of half-year results and interim dividend announcement on 24 February 2026, followed by ex-dividend, record, and pay...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.