Cromwell Property Group CMWCF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $0.30
- Day Range
- $0.28–0.28
- 52-Week Range
- $0.28–0.35
- Bid/Ask
- $0.23 / $0.31
- Market Cap
- $733.28 Mil
- Volume/Avg
- 380 / 3,513
Key Statistics
- Price/Earnings (Normalized)
- 11.46
- Price/Sales
- 3.59
- Dividend Yield (Trailing)
- 8.56%
- Dividend Yield (Forward)
- 4.56%
- Total Yield
- 8.68%
Company Profile
Cromwell Property Group is an internally managed Australian real estate investment trust. It owns an Australian portfolio of (mostly office) properties and also develops and manages properties on behalf of third-party investors. The group is exploring opportunities to sell some assets, and to spin out its office portfolio into a separate REIT, leaving the Cromwell business to focus more on funds management. The timetable is uncertain given high interest rates are a headwind for property sales and sentiment toward office stocks has been depressed since the rise of hybrid working. We think it also needs to repair its balance sheet to restore confidence in the business.
- Sector
- Real Estate
- Industry
- REIT - Office
- Stock Style Box
- Small Value
- Total Number of Employees
- 16
Competitors
Valuation
|
Metric
|
CMWCF
|
ABG
|
GOZ
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.46 | — | 37.80 |
Price/Book Value | 0.57 | 0.59 | 0.63 |
Price/Sales | 3.59 | 14.33 | 5.70 |
Price/Cash Flow | 7.48 | 9.66 | 11.79 |
Price/Earnings
CMWCF
ABG
GOZ
Financial Strength
|
Metric
|
CMWCF
|
ABG
|
GOZ
|
|---|---|---|---|
Quick Ratio | 0.31 | 2.06 | 0.64 |
Current Ratio | 1.28 | 2.26 | 0.70 |
Interest Coverage | −5.35 | −71.56 | −2.04 |
Quick Ratio
CMWCF
ABG
GOZ
Profitability
|
Metric
|
CMWCF
|
ABG
|
GOZ
|
|---|---|---|---|
Return on Assets (Normalized) | −12.00% | −9.43% | −4.66% |
Return on Equity (Normalized) | −23.12% | −15.44% | −7.96% |
Return on Invested Capital (Normalized) | −11.42% | −10.66% | −3.27% |
Return on Assets
CMWCF
ABG
GOZ
REIT - Office Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
ARE
| Alexandria Real Estate Equities Inc | Mczzxjxpm | Pwgz | $20.3 Bil | |
BXP
| Boston Properties Inc | Kvlrzqhbq | Vkph | $9.7 Bil | |
GECFF
| Gecina Nom | — | Fnbqw | $7.4 Bil | |
NBFJF
| Nippon Building Fund Inc | — | Frysjx | $6.6 Bil | |
MRPRF
| Merlin Properties SOCIMI SA | — | Zczv | $5.2 Bil | |
VNO
| Vornado Realty Trust | Vxljvccc | Crtss | $5.0 Bil | |
DEXSF
| Dexus | — | Khyyd | $4.9 Bil | |
MPCMF
| Mapletree Pan Asia Commercial Trust Units Real Estate Investment Trust Reg | — | Zyjl | $4.9 Bil | |
KRC
| Kilroy Realty Corp | Cywpmmjpk | Ywvmp | $3.9 Bil | |
SLG
| SL Green Realty Corp | Zjzzrbxl | Ljf | $3.3 Bil |