C

Carindale Property Trust
ASX:CDP

Watchlist Manager
Carindale Property Trust
ASX:CDP
Watchlist
Price: 5.32 AUD
Market Cap: AU$440.2m

P/E

8.7
Current
25%
Cheaper
vs 3-y average of 11.6

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
8.7
=
Market Cap
AU$455.1m
/
Net Income
AU$50.3m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
8.7
=
Market Cap
AU$455.1m
/
Net Income
AU$50.3m

Valuation Scenarios

Carindale Property Trust is trading below its 3-year average

If P/E returns to its 3-Year Average (11.6), the stock would be worth AU$7.07 (33% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-17%
Maximum Upside
+155%
Average Upside
63%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 8.7 AU$5.32
0%
3-Year Average 11.6 AU$7.07
+33%
5-Year Average 7.2 AU$4.39
-17%
Industry Average 15.9 AU$9.66
+82%
Country Average 22.3 AU$13.54
+155%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
AU$455.1m
/
Dec 2025
AU$50.3m
=
8.7
Current
AU$455.1m
/
Jun 2026
AU$30.9m
=
14.7
Forward
AU$455.1m
/
Jun 2027
AU$31.8m
=
14.3
Forward
AU$455.1m
/
Jun 2028
AU$33.4m
=
13.6
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Lower than 91% of companies in Australia
Percentile
9th
Based on 1 271 companies
9th percentile
8.7
Low
0 — 15.9
Typical Range
15.9 — 36.3
High
36.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 15.9
Median 22.3
70th Percentile 36.3
Max 5 709.2

Carindale Property Trust
Glance View

Market Cap
440.2m AUD
Industry
Real Estate

Carindale Property Trust is a closed-ended investment fund/investment trust. The company is headquartered in Sydney, New South Wales and currently employs 0 full-time employees. The principal activity of the Trust is the long-term ownership of approximately 50% interest in the Westfield Carindale shopping center, which is located in the suburb of Carindale, east of Brisbane. The Trust’s investment properties include shopping center investments and development projects. The Trust’s shopping center investment comprises of freehold and leasehold land, buildings, and leasehold improvements. The Trust's Westfield Carindale incudes event cinemas complex and a range of other retailers including approximately 380 specialty stores. The Trust is managed by Scentre Management Limited, which is a member of the Scentre Group.

CDP Intrinsic Value
5.83 AUD
Undervaluation 9%
Intrinsic Value
Price AU$5.32
C
Get AI-powered insights for any company or topic.
Open AI Assistant

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

Warren Buffett