Charter Hall manages retail and institutionally listed and unlisted property investments. Management base fees and property services fees are relatively stable. The group also co-invests in many of its vehicles to align interest with funds management clients. But we expect less co-investments in the future as parking money in its own funds ties up capital.
Charter Hall’s investment vehicles are gaining investor inflows due to their scale, strong track records, management expertise, and significant development pipeline.
Low interest rates had encouraged the strong demand for Charter Hall’s property funds in the past. However, record low interest rates during covid are unlikely to return.
|
Metric
|
CHC
|
MGR
|
GMG
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.60 | 11.64 | 177.04 |
Price/Book Value | 3.19 | 0.77 | 2.15 |
Price/Sales | 20.95 | 2.76 | 21.46 |
Price/Cash Flow | — | 8.21 | 28.54 |
|
Metric
|
CHC
|
MGR
|
GMG
|
|---|---|---|---|
Quick Ratio | 1.26 | 0.27 | 3.05 |
Current Ratio | 1.97 | 0.84 | 3.55 |
Interest Coverage | 15.29 | 3.64 | 358.94 |
|
Metric
|
CHC
|
MGR
|
GMG
|
|---|---|---|---|
Return on Assets (Normalized) | 13.31% | 4.02% | 8.42% |
Return on Equity (Normalized) | 17.30% | 6.48% | 11.14% |
Return on Invested Capital (Normalized) | 15.12% | 4.07% | 8.81% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Goodman Group
GMGSF
| — | LOCK|??bw | $37B | |||
| VICI Properties Inc Ordinary Shares
VICI
| — | LOCK|%! | $25B | |||
| W.P. Carey Inc
WPC
| — | LOCK|hgl | $14B | |||
| Land Securities Group PLC ADR
LDSCY
| — | LOCK|&W | $7B | |||
| Land Securities Group PLC
LSGOF
| — | LOCK|#?% | $7B | |||
| Stockland Corp Ltd
STKAF
| — | LOCK|l?& | $7B | |||
| Fibra Uno Administracion SA de CV Certificados Bursatiles Fiduciarios Inmobiliario Series -11-
FBASF
| — | LOCK|R@R | $7B | |||
| Charter Hall Group
CTOUF
| — | LOCK|T@#$? | $6B | |||
| GPT Group
GPTGF
| — | LOCK|pl$ | $6B | |||
| British Land Co PLC ADR
BTLCY
| — | LOCK|ngv | $6B |
United States