Charter Hall Retail REIT (CQR) - Research

$4.450 0.23 (4.91%)

CQR General Information +

ASX Code CQR
Website http://www.charterhall.com.au
GICS Sub-Industry Retail REITs
Market Cap ($M) 1,962
Current Price $4.450
Day High $4.580
Day Low $4.430
Last Close $4.680
Price Movement $0.23 ( 4.91% )
Prices as at 16:40, 27 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

CQR Company Overview

Business Description

Charter Hall Retail REIT (CQR) is an Australian listed property trust, or A-REIT, offering exposure primarily to the supermarket anchored neighbourhood and sub-regional shopping centre markets in Australia. Charter Hall Retail REIT is managed by Charter Hall Group (CHC).

CQR Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 141.40 32.29 3.70% 14.49 29.50 6.30% 0.0%
2019 F 126.92 31.12 2.00% 15.04 28.80 6.15% 0.0%
2018 A 123.20 30.50 0.40% 13.20 28.20 7.01% 0.0%

CQR Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
BWP Trust (BWP) $2,505M 0.0286 0.0766 0.0041 21.6546 20.1135 20.0308 4.57% 4.64% 4.66%
Charter Hall Retail (CQR) $2,068M -0.2366 0.1949 0.0350 17.9900 15.0562 14.5471 6.01% 6.14% 6.34%
Scentre (SCG) $20,949M 0.1349 0.0307 0.0329 15.9256 15.4510 14.9582 5.62% 5.74% 5.87%
Unibail-Rodamco-Westfield (URW) $3,400M 0.0000 3.8028 0.0570 54.7521 11.3978 10.7833 4.12% 7.96% 8.36%
Vicinity Centres (VCX) $9,920M -0.7191 0.0847 -0.0149 15.6921 14.4664 14.6845 6.20% 6.06% 5.94%

CQR Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.74 15.10 1.11 1.34
Market 0.87 17.10 1.49 1.63
Sector 0.75 16.60 1.12 1.37

CQR Directors

Name Position Start Date
Mr Roger Andrew Davis Chairman elect, Non-Executive Director 7 Jun 2018
Mr Greg Chubb Fund Manager / Retail CEO, Executive Director 5 Feb 2016
Mr David William Harrison Managing Director 1 Mar 2010
Mr Michael Bryan Gorman Non-Executive Director 10 Nov 2016
Ms Susan (Sue) Joy Palmer Non-Executive Director 10 Nov 2015

CQR Management

Name Position
Mark Bryant Company Secretary
Greg Chubb Fund Manager
Charisse Nortje Joint Company Secretary

CQR Substantial Shareholders

Holding Name
75,321,744 (18.69%) Charter Hall Limited, Charter Hall Holdings Pty Limited & Charter Hall Funds Management Limited
33,270,851 (8.19%) Legg Mason Asset Management Limited
31,752,563 (7.82%) Mondrian Investment Partners Limited
27,379,969 (6.74%) Mondrian Investment Partners Limited
20,153,408 (5%) Commonwealth Bank of Australia

CQR Calendar of Events

Date Event
19 February 2020 Report (Interim)
27 September 2019 Report (Annual)
30 August 2019 Div Pay Date
15 August 2019 Report (Prelim)
28 June 2019 Books Close

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