Intelligent Investor

Carindale Property Trust (ASX: CDP) - Financials

- Current share price for CDP : $4.340

Carindale Property Trust (CDP) is a development property trust whose sole investment is a 50% interest in Westfield Carindale, a chain of regional shopping centres based in Brisbane.

CDP Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E
Relative P/E Shareholder Return
2023 37.4 ¢ 35.5 ¢ 26.2 ¢ 0% $6.98 0 81.1% -4%
2022 39.3 ¢ 49.8 ¢ 25 ¢ 0% $7.25 0 55.3% 6.9%
2021 34.6 ¢ 38.7 ¢ 23 ¢ 0% $6.66 0 87.2% 26.7%

CDP Historical Financials

2023 2022 2021
Rental Income ($M) 54.9 52.7 50.1
Investment Income ($M) 0.1
Other Income ($M) 0.9 12.1
Property Expenses ($M) -15.4 -15.6 -14.6
Management Expense Ratio (%) 1 1 1.1
Net Profit Before Abs ($M) 26.4 35.6 27.1
Net Profit After Abs ($M) 8 66.5 39.4
Shareholders Equity ($M) 528.4 526.7 466.3
Return on Equity (%) 5 6.8 5.8
Payout Ratio (%) 74 50 59

CDP Cashflow

2023 2022 2021
Customer Receipts ($M) 63 59 57
Net Operating Cashflow ($M) 27.8 28.1 24.2
Net Investing Cashflow ($M) -10 -4 -8
Net Financing Cashflow ($M) -18 -23 -19

CDP Market & Earnings

2023 2022 2021
Market Cap ($M) 308.9 328.4 312.2
Net Gearing (%) 44.9 47.3 57.5
Net Interest Cover (%) 3.92 5.16 8.8
Dividend Yield (%) 6.4 5.2
NTA Per Share ($) 6.98 7.25 6.66
EBT Before Abs ($M) 26.4 35.6 27.1

CDP Balance Sheet

2023 2022 2021
Cash ($M)3.37 3.85 2.41
Current Investments ($M)
Receivables ($M)1.62 2.76 3.35
Other Current Assets ($M)4.02
Total Current Assets ($M)9.01 6.62 5.76
Non-Current Investments ($M)
Property ($M)
Other Non-Current Assets ($M)4.21 7.35 0.29
Total Non-Current Assets ($M)779.7 792.4 750.3
Total Assets ($M)788.7 799 756.1
Creditors ($M)19.7 19.3 14.3
Provisions ($M)
Deferred Taxes ($M)
Other Current Liabilities ($M) 0.02 0.21
Total Current Liabilities ($M)19.7 19.3 14.5
Borrowings ($M)
Other Non-Current Liabilities ($M) 4.74
Total Non-Current Liabilities ($M)240.5 253.1 275.3
Total Liabilities ($M)260.3 272.4 289.8
Shareholders Equity ($M)528.4 526.7 466.3

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Data shown on this website is sourced by Morningstar
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