Charter Hall Long WALE REIT
ASX:CLW

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Charter Hall Long WALE REIT
ASX:CLW
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Price: 4.13 AUD 2.23% Market Closed
Market Cap: 2.9B AUD

Relative Value

The Relative Value of one CLW stock under the Base Case scenario is 7.92 AUD. Compared to the current market price of 4.13 AUD, Charter Hall Long WALE REIT is Undervalued by 48%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CLW Relative Value
Base Case
7.92 AUD
Undervaluation 48%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
46
vs Industry
8
Median 3Y
13.3
Median 5Y
14.2
Industry
3.8
Forward
9.3
vs History
vs Industry
49
Median 3Y
-4.7
Median 5Y
3.4
Industry
16.8
Forward
16.3
vs History
55
vs Industry
24
Median 3Y
15.6
Median 5Y
16.5
Industry
11.2
vs History
vs Industry
36
Median 3Y
7.2
Median 5Y
4.9
Industry
13.3
vs History
14
vs Industry
44
Median 3Y
0.7
Median 5Y
0.8
Industry
0.9
vs History
58
vs Industry
7
Median 3Y
21.2
Median 5Y
22
Industry
6.7
Forward
14.1
vs History
46
vs Industry
13
Median 3Y
25.5
Median 5Y
26.2
Industry
12.3
vs History
25
vs Industry
12
Median 3Y
31.3
Median 5Y
31.6
Industry
16
Forward
16.3
vs History
25
vs Industry
18
Median 3Y
31.3
Median 5Y
31.6
Industry
19.3
Forward
16.3
vs History
55
vs Industry
26
Median 3Y
24.9
Median 5Y
24.8
Industry
18.6
vs History
55
vs Industry
27
Median 3Y
24.9
Median 5Y
24.8
Industry
20.2
vs History
15
vs Industry
34
Median 3Y
0.8
Median 5Y
0.9
Industry
0.8

Multiples Across Competitors

CLW Competitors Multiples
Charter Hall Long WALE REIT Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Charter Hall Long WALE REIT
ASX:CLW
2.9B AUD 14.4 -14.6 32.7 32.7
ZA
Growthpoint Properties Ltd
JSE:GRT
47.8B Zac 0 0 0 0
ZA
Redefine Properties Ltd
JSE:RDF
31B Zac 0 0 0 0
US
WP Carey Inc
NYSE:WPC
13.5B USD 8.4 31.6 16.3 27
ZA
Attacq Ltd
JSE:ATT
10.2B Zac 0 0 0 0
JP
KDX Realty Investment Corp
OTC:KDXRF
9.5B USD 17.9 41.4 37.7 47.4
AU
Stockland Corporation Ltd
ASX:SGP
12.8B AUD 4.2 28.5 25.1 25.1
FR
Gecina SA
PAR:GFC
6.5B EUR 9.3 20.9 22.2 22.7
ES
MERLIN Properties SOCIMI SA
MAD:MRL
6.5B EUR 13 21.5 24.7 25
ZA
Fairvest Ltd
JSE:FTA
7.4B Zac 0 0 0 0
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
7.4B Zac 0 0 0 0
P/S Multiple
Revenue Growth P/S to Growth
AU
Charter Hall Long WALE REIT
ASX:CLW
Average P/S: 11.2
14.4
14%
1
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-14%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
-14%
N/A
US
WP Carey Inc
NYSE:WPC
8.4
5%
1.7
ZA
A
Attacq Ltd
JSE:ATT
Not Available
-13%
N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
17.9
0%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
4.2
10%
0.4
FR
Gecina SA
PAR:GFC
9.3
3%
3.1
ES
MERLIN Properties SOCIMI SA
MAD:MRL
13
11%
1.2
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
-19%
N/A
P/E Multiple
Earnings Growth PEG
AU
Charter Hall Long WALE REIT
ASX:CLW
Average P/E: 28.8
Negative Multiple: -14.6
N/A N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-65%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
2%
N/A
US
WP Carey Inc
NYSE:WPC
31.6
10%
3.2
ZA
A
Attacq Ltd
JSE:ATT
Not Available
-4%
N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
41.4
-13%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
28.5
44%
0.6
FR
Gecina SA
PAR:GFC
20.9
19%
1.1
ES
MERLIN Properties SOCIMI SA
MAD:MRL
21.5
8%
2.7
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
9%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Charter Hall Long WALE REIT
ASX:CLW
Average EV/EBITDA: 26.4
32.7
24%
1.4
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
0%
N/A
US
WP Carey Inc
NYSE:WPC
16.3
8%
2
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
37.7
-1%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
25.1
17%
1.5
FR
Gecina SA
PAR:GFC
22.2
5%
4.4
ES
MERLIN Properties SOCIMI SA
MAD:MRL
24.7
10%
2.5
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
0%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Charter Hall Long WALE REIT
ASX:CLW
Average EV/EBIT: 30
32.7
24%
1.4
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
5%
N/A
US
WP Carey Inc
NYSE:WPC
27
11%
2.5
ZA
A
Attacq Ltd
JSE:ATT
Not Available
4%
N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
47.4
N/A N/A
AU
Stockland Corporation Ltd
ASX:SGP
25.1
17%
1.5
FR
Gecina SA
PAR:GFC
22.7
12%
1.9
ES
MERLIN Properties SOCIMI SA
MAD:MRL
25
11%
2.3
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available N/A N/A