Department store chain David Jones collapsed into administration, raising the prospect of store closures that would hit landlords. Charter Hall Long WALE owns a 50% stake in the David Jones flagship store in Sydney's central business district.
Charter Hall Long WALE’s income is relatively predictable for the next decade, secured by long-term tenancy agreements. Half the leases have inflation-linked rental uplifts baked in.
Long WALE assets lack flexibility. Charter Hall Long WALE’s rents may lag prevailing market rates, causing the portfolio to underperform.
Metric | CLW | GPT | WPR |
|---|---|---|---|
Price/Earnings (Normalized) | 25.02 | 2.06 | 13.68 |
Price/Book Value | 0.75 | 0.90 | 0.79 |
Price/Sales | 13.16 | 9.87 | 9.38 |
Price/Cash Flow | 15.94 | 14.28 | 13.69 |
Metric | CLW | GPT | WPR |
|---|---|---|---|
Quick Ratio | 0.58 | 0.21 | 0.37 |
Current Ratio | 2.04 | 0.28 | 0.61 |
Interest Coverage | 3.28 | 5.53 | 3.46 |
Metric | CLW | GPT | WPR |
|---|---|---|---|
Return on Assets (Normalized) | 3.58% | 4.78% | 4.47% |
Return on Equity (Normalized) | 5.47% | 7.56% | 6.80% |
Return on Invested Capital (Normalized) | 3.57% | 6.40% | 6.33% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Goodman Group GMGSF | — | LOCK|c$PWR | $40B | |||
| VICI Properties Inc Ordinary Shares VICI | — | LOCK|^^@ | $28B | |||
| W.P. Carey Inc WPC | — | LOCK|f< | $15B | |||
| Land Securities Group PLC ADR LDSCY | — | LOCK|@Qv | $8B | |||
| Land Securities Group PLC LSGOF | — | LOCK|YZR | $8B | |||
| Stockland Corp Ltd STKAF | — | LOCK|<k& | $7B | |||
| Fibra Uno Administracion SA de CV Certificados Bursatiles Fiduciarios Inmobiliario Series -11- FBASF | — | LOCK|YV | $7B | |||
| Charter Hall Group CTOUF | — | LOCK|fN<D | $7B | |||
| GPT Group GPTGF | — | LOCK|#tX | $7B | |||
| British Land Co PLC ADR BTLCY | — | LOCK|kZf | $6B |
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