Cromwell Property Group's fiscal 2026 funds from operations rose 5% to AUD 4.2 cents per security. Distributions were flat at AUD 3 cps, a 71% payout. Management expects a 3% increase in distributions next year, to AUD 3.1 cps.
Cromwell has reduced the complexity of its business structure and is poised for growth again, albeit moderate. There is capacity on its balance sheet to pursue expansion.
Cromwell’s funds management platform is relatively small. It lacks the economies of scale enjoyed by major property fund managers.
|
Metric
|
CMW
|
CHC
|
DXS
|
|---|---|---|---|
Price/Earnings (Normalized) | 9.34 | 20.20 | 9.61 |
Price/Book Value | 0.58 | 2.98 | 0.60 |
Price/Sales | 4.95 | 19.59 | 9.43 |
Price/Cash Flow | 14.06 | — | 11.44 |
|
Metric
|
CMW
|
CHC
|
DXS
|
|---|---|---|---|
Quick Ratio | 0.40 | 1.26 | 0.18 |
Current Ratio | 1.53 | 1.97 | 0.28 |
Interest Coverage | 4.05 | 15.29 | 2.02 |
|
Metric
|
CMW
|
CHC
|
DXS
|
|---|---|---|---|
Return on Assets (Normalized) | 3.52% | 13.31% | 3.51% |
Return on Equity (Normalized) | 5.60% | 17.30% | 5.40% |
Return on Invested Capital (Normalized) | 5.03% | 15.12% | 3.62% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| BXP Inc
BXP
| LOCK|KY^Bb> | LOCK|!f | $10B | |||
| Merlin Properties SOCIMI SA ADR
MPTYY
| — | LOCK|rK | $8B | |||
| Merlin Properties SOCIMI SA
MRPRF
| — | LOCK|Fz> | $8B | |||
| Alexandria Real Estate Equities Inc
ARE
| LOCK|#$!bST | LOCK|!#m | $8B | |||
| Nippon Building Fund Inc
NBFJF
| — | LOCK|xv@g | $7B | |||
| Vornado Realty Trust
VNO
| LOCK|%MV^cZ | LOCK|?C | $6B | |||
| Japan Real Estate Investment Corp
JREIF
| — | LOCK|k%% | $5B | |||
| Gecina Nom
GECFF
| — | LOCK|$F | $5B | |||
| Kilroy Realty Corp
KRC
| LOCK|cnsC?S# | LOCK|m>! | $4B | |||
| SL Green Realty Corp
SLG
| LOCK|!tC^yg | LOCK|!rN | $3B |
United States