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1 Comment
Centuria Office REIT is currently in a long term uptrend where the price is trading 18.6% above its 200 day moving average.
From a valuation standpoint, the stock is 53.5% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 5.4.
Centuria Office REIT's total revenue rose by 38.0% to $92M since the same quarter in the previous year.
Its net income has dropped by 12.8% to $22M since the same quarter in the previous year.
Finally, its free cash flow grew by 31.7% to $31M since the same quarter in the previous year.
Based on the above factors, Centuria Office REIT gets an overall score of 4/5.
Exchange | AU |
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Sector | Real Estate |
Industry | REIT - Office |
CurrencyCode | AUD |
ISIN | AU0000077893 |
Market Cap | 751M |
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PE Ratio | None |
Target Price | 1.2475 |
Dividend Yield | 8.1% |
Beta | 0.99 |
COF is Australia's largest ASX listed pure play office REIT and is included in the S&P/ASX300 Index. COF owns a portfolio of high quality office assets situated in core submarkets throughout Australia. COF is overseen by a hands-on, active manager and provides investors with income and the opportunity for capital growth from a pure play portfolio of high-quality Australian office assets. Centuria Property Funds Limited (CPFL) is the Responsible Entity for the ASX listed Centuria Office REIT (COF) (ARSN 124 364 718). CPFL is a wholly owned subsidiary of Centuria Capital Group (CNI). CNI is an ASX-listed specialist investment manager with more than $21billion in total assets under management (as at 31 December 2022) and offers a range of investment opportunities including listed and unlisted property funds as well as tax-effective investment bonds.
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