Charter Hall Long WALE REIT
ASX:CLW

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Charter Hall Long WALE REIT
ASX:CLW
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Price: 3.55 AUD 1.43% Market Closed
Market Cap: AU$2.5B

P/FCFE

5.4
Current
32%
Cheaper
vs 3-y average of 8

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
5.4
=
Market Cap
AU$2.7B
/
Free Cash Flow to Equity
AU$467.7m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
5.4
=
Market Cap
AU$2.7B
/
Free Cash Flow to Equity
AU$467.7m

Valuation Scenarios

Charter Hall Long WALE REIT is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (8), the stock would be worth AU$5.24 (48% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+234%
Average Upside
104%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 5.4 AU$3.55
0%
3-Year Average 8 AU$5.24
+48%
5-Year Average 5.9 AU$3.9
+10%
Industry Average 12.1 AU$7.91
+123%
Country Average 18.1 AU$11.86
+234%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close

Market Distribution

Lower than 92% of companies in Australia
Percentile
8th
Based on 1 160 companies
8th percentile
5.4
Low
0.2 — 12.5
Typical Range
12.5 — 35.6
High
35.6 —
Distribution Statistics
Australia
Min 0.2
30th Percentile 12.5
Median 18.1
70th Percentile 35.6
Max 5 049.1

Charter Hall Long WALE REIT
Glance View

Market Cap
2.5B AUD
Industry
Real Estate

Charter Hall Long WALE REIT stands as a distinctive player in the Australian real estate investment landscape, carving out a niche through its focus on long Weighted Average Lease Expiry (WALE) properties. The REIT's strategic approach involves investing primarily in high-quality, income-generating real estate assets across commercial sectors such as industrial, office, and retail. This diversified portfolio is spread across prime locations, ensuring stable cash flows through long-term leases, often secured with blue-chip tenants. By securing lengthy lease agreements, the company mitigates the risks of tenant turnover and market downturns, ensuring a consistent stream of rental income over extended periods. The essence of Charter Hall Long WALE REIT's business model lies in its ability to forge partnerships with government and high-credit commercial tenants, offering them custom-built or specifically tailored spaces while securing long leases. This strategy not only stabilizes its income streams but also provides investors with a reliable yield, often perceived as a safe haven given the REIT's low vacancy risks. Additionally, the company's active asset management and development capabilities allow for capital growth as well as the potential to enhance property values through strategic upgrades and new acquisitions, ensuring that the REIT continues to deliver long-term value to its investors. In an ever-evolving market, Charter Hall stands resilient, drawing strength from its solid tenant relationships and prudent investment strategy.

CLW Intrinsic Value
5.7 AUD
Undervaluation 38%
Intrinsic Value
Price AU$3.55
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