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← CockpitCompetitor Analysis › CDP.AX Carindale Property TrustOpen in the cockpit ↗

Carindale Property TrustCDP.AXCompetitor analysis, valuation and peers

Australia · AUD·Real Estate›Real Estate Investment Trusts
Momentum neutral 44
Mkt cap
$302M
US dollars, full cap
Free float
29%
of shares outstanding
$/day
$41,238
20-day average traded
P/B
0.73×
price to book
ROE
10.2%
delivered
Implied ROE
5.6%
what the price asks
Next earnings
109 days
23 Feb 2027
Close · AUDA$5.26
1D-1.1%
1W-3.5%
1M-2.6%
3M-5.6%
6M-2.0%
YTD-6.9%
1Y-4.4%
ATR %1.6%
52w lowhigh10.5% off high

What Carindale Property Trust does

No business profile yet.

Carindale Property Trust at a glance

Size Carindale Property Trust (CDP.AX) is an Australia Real Estate company (Real Estate Investment Trusts) with a market value of $302M, the 315th largest of 316 Australia companies the cockpit tracks. Shares closed at A$5.26 on 6 Nov 2026.

Performance Over six months the shares fell 2.0%, against -11.5% for the median peer and +4.1% for the Australia market (cap-weighted) — 4th highest of 21 in its peer set.

Growth Revenue grew 4.8% over the last twelve months (peer median -0.7%); the operating margin is 66.6% (peer median 63.6%).

Valuation It trades at 0.73× book value against a peer median of 0.72× (11th cheapest of 21).

Price implies The share price implies a return on equity of about 5.6%; Carindale Property Trust delivers 10.2%, so the price asks less than the business earns today.

Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).

Relative performance

9010011 May 202611 Aug 20266 Nov 2026CDP.AX 98Peer median 89
Six months, rebased to 100: Carindale Property Trust against the median of its 20 peers (local-currency closes).

Carindale Property Trust financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$64.6MA$64.6MA$61.6MA$57.9MA$54.9M
Revenue growth—+5%+6%+5%—
Gross profitA$46.1MA$46.1MA$43.4MA$41.0MA$39.5M
EBITDAA$43.0MA$43.0MA$33.1MA$32.9MA$35.5M
Net incomeA$59.0MA$59.0MA$39.2MA$7.62MA$8.02M
Free cash flowA$31.4MA$31.4MA$30.5MA$26.4MA$27.8M
Capital expenditureA$0A$0A$0A$0A$0
Total debtn/aA$206MA$210MA$225MA$241M

Quarterly statements and history in the cockpit →

Carindale Property Trust competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-30%-20%-10%0%+10%-10%0%+10%448730LANDYSIL180101AW9UODBUKREF2191IMDAMRT-UN180701MENUARMSELERFPIHABACOFINEA2972DHLUCDP.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Carindale Property Trust is the large dot.

Fundamentals: return on equity against price-to-book

-20%-10%0%10%0.50×0.75×10×1.25×448730LANDYSIL180101AW9UODBUKREF2191IMDAMRT-UN180701MENUARMHABACOFINEA2972CDP.AXReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Carindale Property Trust is the large dot.

Capital: ROE delivered against the ROE the price implies

-20%-10%0%10%20%-20%0%20%448730LAND180101AW9UKREFIMDAMENUARMSELERFPIHABACDP.AXROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Carindale Property Trust is the large dot.

Carindale Property Trust competitors and peer comparison

How Carindale Property Trust compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Carindale Property Trust against its 20 peers (data as of 6 Nov 2026)
MeasureCDP.AXPeer medianRank in peer set
1-month return-2.6%-0.2%9th lowest of 21
6-month return-2.0%-11.5%4th highest of 21
Return on equity10.2%3.6%2nd highest of 21
Price / book0.73×0.72×11th cheapest of 21
Trailing P/E7.4×18.6×2nd cheapest of 15
ROE the price implies5.6%5.2%7th most demanding of 21
ROE delivered10.2%3.3%2nd highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Carindale Property Trust CDP.AXAustralia$302M-2%+5%10%0.73×5.6%10.2%
SamsungFN REIT 448730.KSSouth Korea$301M-28%+16%3%1.03×5.5%3.3%
Gladstone Land LANDUnited States$303M-28%+22%-1%0.45×6.5%-1.0%
Silicius Real Estate Socimi YSIL.MCSpain$303M-5%+84%5%0.87×5.3%n/a
Bosera CMSK Industrial Park REIT Units 180101.SZChina$305M-21%-15%-1%0.68×2.7%-0.7%
First Real Estate Investment Trust AW9U.SISingapore$291M-27%-5%4%0.76×4.0%3.8%
United Hampshire US Real Estate Investment Trust ODBU.SISingapore$284M-9%+3%6%0.64×4.6%5.6%
KKR Real Estate Finance Trust KREFUnited States$327M-14%-21%-19%0.56×6.7%-18.8%
SF Real Estate Investment Trust 2191.HKHong Kong$333M+22%-7%4%0.82×5.1%4.0%
Immobiliere Dassault IMDA.PAFrance$335M-21%+14%-20%0.60×5.0%-19.9%
Morguard Real Estate Investment Trust MRT-UN.TOCanada$340M+8%-1%2%0.54×4.2%1.6%
Yinhua Shaoxing Yuanshui Water Conservancy REIT 180701.SZChina$348M-8%+290%4%1.43×4.3%3.8%
Elite UK REIT MENU.SISingapore$258M-13%-8%22%0.69×2.9%22.2%
Arima Real Estate SOCIMI ARM.MCSpain$356M-6%+210%8%0.91×5.4%7.7%
Selectirente SELER.PAFrance$367M-7%+2%5%0.88×6.0%5.0%
Farmland Partners FPIUnited States$369M-17%-6%2%0.87×8.1%2.2%
Hamborner REIT HABA.DEGermany$370M-19%-4%-2%0.97×6.3%-2.2%
Centuria Office REIT COF.AXAustralia$375M-3%-1%6%0.55×7.4%5.6%
Fonciere INEA INEA.PAFrance$382M-11%-1%1%0.68×5.3%0.5%
SANKEI REAL ESTATE 2972.TJapan$383M+4%-15%-5%1.28×5.0%-4.7%
Daiwa House Logistics Trust DHLU.SISingapore$236M-12%+1%7%0.64×4.8%7.1%

Questions

Which companies are Carindale Property Trust's closest peers?
The cockpit's peer set: SamsungFN REIT (448730.KS), Gladstone Land (LAND), Silicius Real Estate Socimi (YSIL.MC), Bosera CMSK Industrial Park REIT Units (180101.SZ), First Real Estate Investment Trust (AW9U.SI), United Hampshire US Real Estate Investment Trust (ODBU.SI), KKR Real Estate Finance Trust (KREF), SF Real Estate Investment Trust (2191.HK).
Is Carindale Property Trust expensive compared with its peers?
On price / book it trades at 0.73× against a peer median of 0.72×, 11th cheapest of 21 in its peer set. The share price implies a return on equity of about 5.6%; Carindale Property Trust delivers 10.2%, so the price asks less than the business earns today.
How has Carindale Property Trust stock performed?
Over six months to 6 Nov 2026 the shares returned -2.0% against -11.5% for the median peer; over one year -4.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.