Cedar Woods Properties Limited (CWP) AI Stock Analysis

• Market Cap: AU$619.65M
• Dividend Yield: 3.6%
• Average Volume (3M): 102.46K
• Price to Earnings (P/E): 11.7
• Beta (1Y): 0.69
• Revenue Growth: 32.36%
• EPS Growth: 109.17%
• Country: AU
• Employees: 99
• Sector: Real Estate
• Sector Strength: 61
• Industry: Real Estate - Development
• EPS (TTM): 0.64
• Shares Outstanding: 82,510,620
• 10 Day Avg. Volume: 81,956
• 30 Day Avg. Volume: 102,463
• PEG Ratio: -0.12
• Price to Book (P/B): 1.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.18
• 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$7.68
• Price Target Upside: 2.54% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 76 Outperform
• Price Target: AU$8.00 ▲(6.81%Upside)

Cedar Woods Properties Limited has a strong overall stock performance driven primarily by robust technical indicators and a solid financial foundation. The valuation is attractive given the P/E ratio and dividend yield, although the absence of earnings call data limits further insights. The stock's upward momentum is a significant strength, balancing the slight revenue decline.

Positive Factors

Earnings Growth

The group's new capability from ventures with Tokyo Gas and QIC is expected to add some 25% to earnings on a 4-5 year view.

Financial Performance

The group guided to an NPAT of $36m - $39m at the end of April 2024 and came in with $40.5m with the aid of the sale of the investment property.

Negative Factors

Market Weakness

Weakness in other markets and some early phase projects partly offset the strong gross margin in WA.

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 Australia, Victoria, and Queensland. The company's property portfolio also includes medium and high-density apartments and townhouses. Cedar Woods Properties Limited was incorporated in 1987 and is based in West Perth, Australia.

How the Company Makes Money

Cedar Woods Properties Limited makes money through the development and sale of residential and commercial properties. The company's primary revenue stream comes from the sale of land parcels and completed homes in its residential communities. Additionally, Cedar Woods generates income from the development and leasing of commercial properties, as well as mixed-use developments that combine residential, retail, and office spaces. Key factors contributing to the company's earnings include strategic land acquisitions, project management expertise, and partnerships with local governments and contractors to ensure successful project completion. The company's diversified portfolio across various geographic regions also helps mitigate market risks and capitalize on growth opportunities.

Cedar Woods Properties Limited Financial Statement Overview

Summary

Cedar Woods Properties exhibits solid financial metrics with strong profitability and cash flow. The company maintains operational efficiency with stable margins and effective cash management, although a slight revenue decline presents a concern.

Income Statement

Cedar Woods Properties Limited exhibited a stable gross profit margin of 25.1% and a net profit margin of 10.4% for the latest fiscal year. While the revenue decreased slightly by 1.2% from the previous year, the company managed to maintain a healthy EBIT margin of 12.5% and an EBITDA margin of 18.1%. These figures demonstrate strong operational efficiency, although the revenue contraction indicates a potential area of concern.

Balance Sheet

The company's debt-to-equity ratio stands at 0.31, reflecting moderate leverage. The return on equity (ROE) is a robust 8.8%, indicating effective use of shareholder capital. However, the equity ratio of 62.0% suggests a strong equity base, providing financial stability. These metrics highlight a well-balanced financial structure, albeit with room for improvement in asset utilization.

Cash Flow

Cedar Woods Properties reported a significant free cash flow growth rate of 34.5%, with an operating cash flow to net income ratio of 0.77, suggesting efficient cash generation relative to net earnings. The free cash flow to net income ratio of 0.73 further underscores strong cash flow management, facilitating potential for future investments and debt reduction.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	386.35M	392.46M	334.52M	302.60M	262.18M
Gross Profit	95.71M	98.40M	97.88M	94.93M	74.95M
EBITDA	70.19M	52.34M	57.39M	53.61M	35.80M
Net Income	40.49M	31.64M	37.39M	32.83M	20.90M
Balance Sheet
Total Assets	743.59M	783.40M	796.39M	651.80M	644.05M
Cash, Cash Equivalents and Short-Term Investments	21.95M	6.80M	2.96M	5.39M	2.69M
Total Debt	144.56M	278.27M	315.07M	214.02M	228.78M
Total Liabilities	282.80M	352.30M	375.16M	251.44M	267.25M
Stockholders Equity	460.79M	431.10M	421.22M	400.36M	376.80M
Cash Flow
Free Cash Flow	29.49M	21.93M	-66.83M	40.00M	-17.99M
Operating Cash Flow	31.21M	23.70M	-65.84M	41.59M	-16.76M
Investing Cash Flow	49.60M	-2.32M	-703.00K	-321.00K	-606.00K
Financing Cash Flow	-65.67M	-17.54M	64.11M	-38.57M	6.61M

Cedar Woods Properties Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.49
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CWP, the sentiment is Positive. The current price of 7.49 is above the 20-day moving average (MA) of 7.33, above the 50-day MA of 6.90, and above the 200-day MA of 5.79, indicating a bullish trend. The MACD of 0.18 indicates Positive momentum. The RSI at 68.54 is Neutral, neither overbought nor oversold. The STOCH value of 82.46 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CWP.

Cedar Woods Properties Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CWP	76 Outperform	AU$619.65M	11.71	11.86%	3.60%	32.36%	109.17%
GDI	70 Outperform	AU$362.78M	17.22	3.21%	7.41%	20.75%	307.22%
PPC	61 Neutral	AU$732.67M	15.62	8.08%	3.51%	6.29%	-7.85%
Sector *	59 Neutral	C$1.26B	-2.66	-8.19%	4.91%	10.84%	-18.98%
MPX	59 Neutral	AU$31.44M	3.42	63.86%	―	3187.87%	―
HCW	58 Neutral	AU$415.38M	78.69	-0.39%	10.92%	-14.19%	-115.93%
COF	55 Neutral	AU$737.71M	―	-8.21%	8.14%	-9.52%	47.94%

Cedar Woods Properties Limited Corporate Events

Cedar Woods Properties Ceases 24,226 Performance Rights

Cedar Woods Properties Limited announced the cessation of 24,226 performance rights due to unmet conditions, effective June 30, 2025. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic planning.

The most recent analyst rating on (AU:CWP) stock is a Buy with a A$6.03 price target. To see the full list of analyst forecasts on Cedar Woods Properties Limited stock, see the AU:CWP Stock Forecast page.

Cedar Woods Announces Key Dates for Full Year Results and Dividend

Cedar Woods Properties Limited has announced the provisional dates for its full year results and final dividend for the year ending 30 June 2025. The announcement is scheduled for 26 August 2025, with the ex-dividend date set for 1 October 2025, record date on 2 October 2025, and the dividend payment date on 31 October 2025. The details, including the dividend amount, will be confirmed with the full year results. This announcement is significant for stakeholders as it provides clarity on the company’s financial performance and shareholder returns.

The most recent analyst rating on (AU:CWP) stock is a Buy with a A$6.03 price target. To see the full list of analyst forecasts on Cedar Woods Properties Limited stock, see the AU:CWP Stock Forecast page.

Cedar Woods Expands with Mount Barker Development

Cedar Woods Properties Limited has announced a new growth opportunity in Mount Barker, which is expected to enhance its portfolio. This development is likely to strengthen Cedar Woods’ market position and could have positive implications for stakeholders by potentially increasing the company’s operational scale and market reach.

The most recent analyst rating on (AU:CWP) stock is a Buy with a A$6.50 price target. To see the full list of analyst forecasts on Cedar Woods Properties Limited stock, see the AU:CWP Stock Forecast page.

Cedar Woods Properties: Leveraging Market Conditions for Continued Growth

Cedar Woods Properties Limited is strategically positioned to capitalize on the current favorable market conditions and nationwide housing shortage. With a proven management team and a disciplined execution strategy, the company is poised to continue delivering value to its stakeholders through its diversified project portfolio.

Cedar Woods Properties Limited Third Quarter Update

Cedar Woods Properties Limited has released its third-quarter update, highlighting key aspects of its financial and portfolio performance. The company has observed certain market conditions that are influencing its outlook, although specific details on these conditions and their implications were not provided in the release.