` Comparison: CIP vs GMG - Alpha Spread

C
CIP
vs
GMG

Over the past 12 months, CIP has outperformed GMG, delivering a return of +8% compared to the GMG's 7% drop.

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CIP
GMG
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Valuation Comparison

C
CIP Intrinsic Value
3.29 AUD
Undervaluation 2%
Intrinsic Value
Price
GMG Intrinsic Value
32.532 AUD
Undervaluation 11%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
C
Centuria Industrial Reit
ASX:CIP
3.22 AUD
Goodman Group
ASX:GMG
29.005 AUD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
CIP, GMG

CIP
GMG
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
C
Centuria Industrial Reit
Revenue
Goodman Group
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
CIP, GMG

CIP
GMG
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
C
Centuria Industrial Reit
ASX:CIP
Goodman Group
ASX:GMG
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What is Free Cash Flow?

Gross Margin

CIP
0%
GMG
73.5%

Operating Margin

CIP
65.6%
GMG
36.8%

Net Margin

CIP
58.6%
GMG
81.5%

FCF Margin

CIP
35.8%
GMG
56.3%

ROE

CIP
5.6%
GMG
8.9%

ROA

CIP
3.6%
GMG
6.2%

ROIC

CIP
4.1%
GMG
2.8%

ROCE

CIP
4.5%
GMG
3%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
CIP, GMG

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Performance Gap
CIP, GMG

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CIP
GMG
Difference
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Performance By Year
CIP, GMG

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CIP
GMG
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett