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Centuria Industrial REIT is currently in a long term uptrend where the price is trading 15.2% above its 200 day moving average.
From a valuation standpoint, the stock is 14.8% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 9.9.
Centuria Industrial REIT's total revenue rose by 22.4% to $65M since the same quarter in the previous year.
Its net income has increased by 39.2% to $44M since the same quarter in the previous year.
Finally, its free cash flow grew by 65.3% to $24M since the same quarter in the previous year.
Based on the above factors, Centuria Industrial REIT gets an overall score of 5/5.
| Industry | REIT-Industrial |
|---|---|
| Sector | Real Estate |
| ISIN | AU000000CIP0 |
| CurrencyCode | AUD |
| Exchange | AU |
| Dividend Yield | 5.3% |
|---|---|
| Beta | 0.8 |
| Target Price | 3.48 |
| PE Ratio | 412.33 |
| Market Cap | 2B |
CIP is Australia's largest domestic pure play industrial REIT and is included in the S&P/ASX 200 Index. CIP's portfolio of high-quality industrial assets is situated in key metropolitan locations throughout Australia and is underpinned by a quality and diverse tenant base. CIP is overseen by a hands on, active manager and provides investors with income and an opportunity for capital growth from a pure play portfolio of high quality Australian industrial assets. Centuria Property Funds No. 2 Limited (CPF2L), is the Responsible Entity for the ASX-listed Centuria Industrial REIT (CIP). CPF2L, is a wholly owned subsidiary of Centuria Capital Group (CNI). CNI is an ASX-listed specialist investment manager with $10.2 billion in total assets under management and strong offerings across listed real estate investment trusts, unlisted real estate funds and investment bonds.
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