Charter Hall Retail REIT
ASX:CQR

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Charter Hall Retail REIT
ASX:CQR
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Price: 3.97 AUD 1.53%
Market Cap: AU$2.3B

P/S

12.2
Current
22%
More Expensive
vs 3-y average of 10

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
12.2
=
Market Cap
AU$2.3B
/
Revenue
AU$189m

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
12.2
=
Market Cap
AU$2.3B
/
Revenue
AU$189m

Valuation Scenarios

Charter Hall Retail REIT is trading above its 3-year average

If P/S returns to its 3-Year Average (10), the stock would be worth AU$3.25 (18% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-67%
Maximum Upside
No Upside Scenarios
Average Downside
35%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 12.2 AU$3.97
0%
3-Year Average 10 AU$3.25
-18%
5-Year Average 10.5 AU$3.4
-14%
Industry Average 7.1 AU$2.31
-42%
Country Average 4.1 AU$1.33
-67%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
AU$2.3B
/
Jan 2026
AU$189m
=
12.2
Current
AU$2.3B
/
Jun 2026
AU$264.4m
=
8.8
Forward
AU$2.3B
/
Jun 2027
AU$290.2m
=
8.1
Forward
AU$2.3B
/
Jun 2028
AU$300.4m
=
7.8
Forward
AU$2.3B
/
Jun 2029
AU$288.9m
=
8.1
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
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Market Distribution

Higher than 70% of companies in Australia
Percentile
70th
Based on 2 057 companies
70th percentile
12.2
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

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.

CQR Intrinsic Value
4.64 AUD
Undervaluation 14%
Intrinsic Value
Price AU$3.97
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