Charter Hall Retail REIT
ASX:CQR
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EV/EBIT
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (27.8), the stock would be worth AU$3.65 (6% downside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 29.4 | AU$3.87 |
0%
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| 3-Year Average | 27.8 | AU$3.65 |
-6%
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| 5-Year Average | 27.5 | AU$3.62 |
-7%
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| Industry Average | 20.5 | AU$2.69 |
-30%
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| Country Average | 16.8 | AU$2.21 |
-43%
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Forward EV/EBIT
Today’s price vs future ebit
| Today's Enterprise Value | EBIT | Forward EV/EBIT | ||
|---|---|---|---|---|
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AU$3.3B
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/ |
Jan 2026
AU$108.4m
|
= |
|
|
AU$3.3B
|
/ |
Jun 2026
AU$226.1m
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= |
|
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AU$3.3B
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/ |
Jun 2027
AU$244.9m
|
= |
|
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AU$3.3B
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/ |
Jun 2028
AU$253.5m
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= |
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Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Charter Hall Retail REIT
ASX:CQR
|
2.2B AUD | 29.4 | 6.5 | |
| US |
|
Simon Property Group Inc
NYSE:SPG
|
66.2B USD | 29.3 | 14.2 | |
| US |
|
Realty Income Corp
NYSE:O
|
59.8B USD | 33.8 | 56 | |
| SG |
|
CapitaLand Integrated Commercial Trust
SGX:C38U
|
18.9B | 0 | 0 | |
| US |
|
Kimco Realty Corp
NYSE:KIM
|
16.1B USD | 33.4 | 29.1 | |
| US |
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Regency Centers Corp
NASDAQ:REG
|
14.7B USD | 33.1 | 28.5 | |
| AU |
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Scentre Group
ASX:SCG
|
19.2B AUD | 17.5 | 10.8 | |
| HK |
|
Link Real Estate Investment Trust
HKEX:823
|
100.5B HKD | 15.1 | -14.7 | |
| FR |
|
Klepierre SA
PAR:LI
|
10B EUR | 16.6 | 7.7 | |
| US |
|
Federal Realty Investment Trust
NYSE:FRT
|
9.6B USD | 32.4 | 23.7 | |
| US |
|
Brixmor Property Group Inc
NYSE:BRX
|
9.4B USD | 27.6 | 24.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 10.7 |
| Median | 16.8 |
| 70th Percentile | 24.5 |
| Max | 6 797.5 |
Other Multiples
Charter Hall Retail REIT
Glance View
Charter Hall Retail REIT, a prominent player in the Australian real estate sector, weaves its narrative as a specialized investment vehicle with a focused strategy on retail properties. It predominantly invests in shopping centers, emphasizing those anchored by non-discretionary retailers such as supermarkets and essential services. The REIT benefits from the reliable cash flow these tenants provide, as they are insulated from the cyclical nature of the retail market. Charter Hall leverages its expertise in property management to enhance the performance of its assets, ensuring that properties are fully leased and well-maintained, which in turn, attracts more retailers and increases foot traffic. The REIT's revenue model revolves around generating rental income from its retail properties. This income is supported by long-term leases with built-in annual rent escalations. By focusing on high-growth corridors and demographic trends, Charter Hall ensures a stable and increasing income stream. Additionally, the REIT adopts an active capital management strategy to optimize its property portfolio and leverage ratio, driving sustainable growth for its investors. By aligning its portfolio with key demographic shifts and consumer behavior trends, Charter Hall Retail REIT seeks to provide steady distributions and capital appreciation, embodying a robust investment thesis in Australia's retail property landscape.