C

Carindale Property Trust
ASX:CDP

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

P/S

6.9
Current
12%
More Expensive
vs 3-y average of 6.2

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

P/S
6.9
=
Market Cap
AU$455.1m
/
Revenue
AU$63.6m

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

P/S
6.9
=
Market Cap
AU$455.1m
/
Revenue
AU$63.6m

Valuation Scenarios

Carindale Property Trust is trading above its 3-year average

If P/S returns to its 3-Year Average (6.2), the stock would be worth AU$4.77 (10% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-41%
Maximum Upside
+3%
Average Downside
16%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 6.9 AU$5.32
0%
3-Year Average 6.2 AU$4.77
-10%
5-Year Average 5.9 AU$4.54
-15%
Industry Average 7.1 AU$5.46
+3%
Country Average 4.1 AU$3.14
-41%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
AU$455.1m
/
Dec 2025
AU$63.6m
=
6.9
Current
AU$455.1m
/
Jun 2026
AU$46.5m
=
9.8
Forward
AU$455.1m
/
Jun 2027
AU$48.5m
=
9.4
Forward
AU$455.1m
/
Jun 2028
AU$50.5m
=
9
Forward

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

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close

Market Distribution

In line with most companies in Australia
Percentile
63rd
Based on 2 057 companies
63rd percentile
6.9
Low
0 — 1.7
Typical Range
1.7 — 11.8
High
11.8 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.7
Median 4.1
70th Percentile 11.8
Max 1 679 509.2

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