Cromwell Property Group
ASX:CMW

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Cromwell Property Group
ASX:CMW
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Price: 0.355 AUD
Market Cap: 929.7m AUD

Relative Value

The Relative Value of one CMW stock under the Base Case scenario is 0.76 AUD. Compared to the current market price of 0.355 AUD, Cromwell Property Group is Undervalued by 53%.

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.

CMW Relative Value
Base Case
0.76 AUD
Undervaluation 53%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
17
vs Industry
30
Median 3Y
5.3
Median 5Y
4.7
Industry
3.7
Forward
4.3
vs History
vs Industry
0
Median 3Y
-1.9
Median 5Y
5.7
Industry
16.5
Forward
8.8
vs History
14
vs Industry
33
Median 3Y
9.4
Median 5Y
9.3
Industry
11
vs History
vs Industry
1
Median 3Y
6
Median 5Y
6.5
Industry
13
vs History
52
vs Industry
57
Median 3Y
0.6
Median 5Y
0.6
Industry
0.9
vs History
60
vs Industry
31
Median 3Y
10.2
Median 5Y
10.1
Industry
6.6
Forward
6.8
vs History
60
vs Industry
43
Median 3Y
12.5
Median 5Y
12.5
Industry
12.1
vs History
96
vs Industry
45
Median 3Y
19.4
Median 5Y
20
Industry
15.9
Forward
9.8
vs History
96
vs Industry
48
Median 3Y
19.4
Median 5Y
20
Industry
19.1
Forward
9.8
vs History
66
vs Industry
36
Median 3Y
19.2
Median 5Y
19.2
Industry
18.5
vs History
65
vs Industry
33
Median 3Y
19.3
Median 5Y
19.3
Industry
20.1
vs History
77
vs Industry
50
Median 3Y
0.7
Median 5Y
0.7
Industry
0.7

Multiples Across Competitors

CMW Competitors Multiples
Cromwell Property Group Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Cromwell Property Group
ASX:CMW
929.7m AUD 6.1 -3.2 13.1 13.1
US
Alexandria Real Estate Equities Inc
NYSE:ARE
12.4B USD 3.8 94.3 11.3 27.2
US
Boston Properties Inc
NYSE:BXP
11.5B USD 3.4 -2 600.2 14.2 26.5
US
Kilroy Realty Corp
NYSE:KRC
8.2B USD 7.2 41.1 18.5 38.6
JP
Nippon Building Fund Inc
TSE:8951
1.1T JPY 11.2 24.6 25.5 33.8
US
Vornado Realty Trust
NYSE:VNO
7.8B USD 4.3 75.1 20 54.6
FR
Covivio SA
PAR:COV
5.7B EUR 4.4 83.1 15.8 18.1
US
COPT Defense Properties
NYSE:CDP
6.4B USD 8.5 45.4 40.3 40.3
JP
Japan Real Estate Investment Corp
TSE:8952
856.6B JPY 10 22.7 23 29.8
US
Cousins Properties Inc
NYSE:CUZ
5.1B USD 5.7 95.2 14.2 42.8
AU
Dexus
ASX:DXS
7.5B AUD 8.7 -7.6 31.9 31.9
P/E Multiple
Earnings Growth PEG
AU
Cromwell Property Group
ASX:CMW
Average P/E: 60.2
Negative Multiple: -3.2
N/A N/A
US
Alexandria Real Estate Equities Inc
NYSE:ARE
94.3
11%
8.6
US
Boston Properties Inc
NYSE:BXP
Negative Multiple: -2 600.2
183%
N/A
US
Kilroy Realty Corp
NYSE:KRC
41.1
-15%
N/A
JP
Nippon Building Fund Inc
TSE:8951
24.6
-1%
N/A
US
Vornado Realty Trust
NYSE:VNO
75.1
138%
0.5
FR
Covivio SA
PAR:COV
83.1
98%
0.8
US
COPT Defense Properties
NYSE:CDP
45.4
5%
9.1
JP
Japan Real Estate Investment Corp
TSE:8952
22.7
-1%
N/A
US
Cousins Properties Inc
NYSE:CUZ
95.2
37%
2.6
AU
Dexus
ASX:DXS
Negative Multiple: -7.6 N/A N/A