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1 Comment
Charter Hall Long WALE REIT is currently in a long term uptrend where the price is trading 2.6% above its 200 day moving average.
From a valuation standpoint, the stock is 48.0% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 17.2.
Charter Hall Long WALE REIT's total revenue rose by 25.2% to $75M since the same quarter in the previous year.
Its net income has increased by 146.6% to $199M since the same quarter in the previous year.
Finally, its free cash flow grew by 37.9% to $38M since the same quarter in the previous year.
Based on the above factors, Charter Hall Long WALE REIT gets an overall score of 4/5.
Exchange | AU |
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CurrencyCode | AUD |
ISIN | AU000000CLW0 |
Sector | Real Estate |
Industry | REIT - Diversified |
Market Cap | 3B |
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PE Ratio | None |
Beta | 0.73 |
Target Price | 3.9313 |
Dividend Yield | 6.4% |
Charter Hall Long WALE REIT is an Australian Real Estate Investment Trust (REIT) listed on the ASX and investing in high quality Australasian real estate assets that are predominantly leased to corporate and government tenants on long term leases. Charter Hall Long WALE REIT is managed by Charter Hall Group (ASX: CHC). Charter Hall is one of Australia's leading fully integrated property investment and funds management groups. We use our expertise to access, deploy, manage and invest equity to create value and generate superior returns for our investor customers. We've curated a diverse portfolio of high-quality properties across our core sectors " Office, Industrial & Logistics, Retail and Social Infrastructure. With partnerships and financial discipline at the heart of our approach, we create and invest in places that support our customers, people and communities grow.
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