Who are Charter Hall's main competitors?

Named competitors: Goodman Group (GMG.AX), Dexus (DXS.AX), Centuria Capital Group (CNI.AX). The cockpit's measured peer set (industry) also includes Terreno Realty (TRNO), First Industrial Realty Trust (FR), COPT Defense Properties (CDP), STAG Industrial (STAG), Macerich (MAC), Land Securities (LAND.L).

Is Charter Hall expensive compared with its peers?

On forward p/e it trades at 19.1× against a peer median of 23.1×, 6th cheapest of 19 in its peer set.

How has Charter Hall stock performed?

Over six months to 6 Nov 2026 the shares returned +14.0% against +0.4% for the median peer; over one year +0.1%.

← CockpitCompetitor Analysis › CHC.AX Charter Hall GroupOpen in the cockpit ↗

Charter Hall GroupCHC.AXCompetitor analysis, valuation and peers

Australia · AUD·Real Estate›Real Estate Investment Trusts

Australian property funds manager that raises capital to own and develop office, industrial, retail and social infrastructure real estate.

≈ Australia's asset-light version of a Blackstone real estate armMomentum strong 74

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$7.26B

US dollars, full cap

Free float

88%

of shares outstanding

$/day

$32.7M

20-day average traded

Fwd P/E

19.1×

forward earnings

ROIC−WACC

n/a

WACC 14.1%

Hurdle

n/a

no reverse DCF

Next earnings

111 days

25 Feb 2027

Close · AUDA$22.16

1D+1.1%

1W+7.5%

1M+21.4%

3M-7.1%

6M+14.0%

YTD-9.4%

1Y+0.1%

ATR %2.9%

52w lowhigh14.6% off high

What Charter Hall does

Australian property funds manager that raises capital to own and develop office, industrial, retail and social infrastructure real estate.

Earns mainly management and transaction fees from the property funds it runs for large investors, charging by assets under management, plus performance fees when funds beat targets, and also invests its own money alongside them. Income grows as funds acquire more property rather than from rent alone.

In one line: Australia's asset-light version of a Blackstone real estate arm.

Products and services

Property funds management (fees)
Co-investment property stakes
Development management

Customers

Institutional investors (super funds)
Retail investors
Property tenants

Where it sits in the supply chain

Real estate
Property funds management
Office + industrial + retail + social…

What could go right

Funds under management growth
Performance/transaction fee upside

What could go wrong

Property valuation cyclicality affecting fees/co-investments
Interest rate sensitivity

Moat: narrow (scale, distribution, brand). Long track record raising and deploying institutional capital into property funds, an asset-light, scalable model.

Headquarters: Sydney, Australia · Founded: 1991

Named competitors

Charter Hall at a glance

Size Charter Hall (CHC.AX) is an Australia Real Estate company (Real Estate Investment Trusts) with a market value of $7.26B, the 48th largest of 316 Australia companies the cockpit tracks. Shares closed at A$22.16 on 6 Nov 2026.

Performance Over six months the shares gained 14.0%, against +0.4% for the median peer and +4.1% for the Australia market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue fell 19.1% over the last twelve months (peer median +7.2%); the operating margin is 46.9% (peer median 40.7%).

Valuation It trades at 19.1× forward earnings against a peer median of 23.1× (6th cheapest of 19).

Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Charter Hall against the median of its 20 peers (local-currency closes).

Charter Hall financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
	TTM	FY2026	FY2025	FY2024	FY2023
Revenue	A$557M	A$557M	A$545M	A$741M	A$870M
Revenue growth	—	+2%	-26%	-15%	—
Gross profit	n/a	n/a	A$534M	A$713M	A$668M
EBITDA	A$270M	A$270M	A$314M	-A$23.4M	A$450M
Net income	A$242M	A$242M	A$226M	A$156M	A$196M
Free cash flow	-A$22.6M	-A$22.6M	A$342M	A$426M	A$337M
Capital expenditure	A$2.70M	A$2.70M	A$1.20M	A$2.50M	A$2.30M
Total debt	n/a	A$718M	A$496M	A$474M	A$474M

Quarterly statements and history in the cockpit →

Charter Hall 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

Up and to the right = strong over both horizons. Charter Hall is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Charter Hall is the large dot.

Charter Hall competitors and peer comparison

Head to head with its named competitors (CHC.AX vs GMG.AX vs DXS.AX vs CNI.AX)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Charter Hall CHC.AX	$7.26B	+14%	-19%	47%	19.1×	n/a
Goodman GMG.AX	$39.6B	-11%	+17%	52%	19.4×	n/a
Dexus DXS.AX	$4.44B	0%	-28%	31%	10.9×	n/a
Centuria Capital CNI.AX	$848M	-25%	+3%	56%	9.4×	n/a

How Charter Hall 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.

Charter Hall against its 20 peers (data as of 6 Nov 2026)
Measure	CHC.AX	Peer median	Rank in peer set
1-month return	+21.4%	+5.5%	highest of 21
6-month return	+14.0%	+0.4%	3rd highest of 21
Distance from 52-week high	-14.6%	-14.0%	10th lowest of 21
Revenue growth (TTM)	-19.1%	+7.2%	2nd lowest of 21
Operating margin	46.9%	40.7%	8th highest of 21
Forward P/E	19.1×	23.1×	6th cheapest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Charter Hall CHC.AX	Australia	$7.26B	+14%	-19%	47%	19.1×	n/a	n/a
Terreno Realty TRNO	United States	$7.24B	0%	+18%	41%	34.7×	n/a	n/a
First Industrial Realty Trust FR	United States	$7.13B	-14%	+9%	42%	30.8×	n/a	n/a
COPT Defense Properties CDP	United States	$7.43B	+4%	+7%	30%	22.3×	n/a	n/a
STAG Industrial STAG	United States	$7.06B	-6%	+9%	38%	32.0×	n/a	n/a
Macerich MAC	United States	$7.04B	+14%	+9%	-6%	187.0×	n/a	n/a
Land Securities LAND.L	United Kingdom	$7.51B	+20%	+7%	48%	13.2×	n/a	n/a
GPT GPT.AX	Australia	$6.88B	+11%	-8%	69%	14.5×	n/a	n/a
Stockland SGP.AX	Australia	$7.74B	+15%	+15%	20%	12.4×	n/a	n/a
Alexandria Real Estate Equities ARE	United States	$7.80B	-2%	-10%	27%	n/a	n/a	n/a
Nippon Building Fund 8951.T	Japan	$6.75B	-8%	-21%	45%	23.8×	n/a	n/a
Vornado Realty Trust VNO	United States	$6.70B	+11%	+2%	9%	n/a	n/a	n/a
NNN REIT NNN	United States	$7.89B	-7%	+7%	61%	19.6×	n/a	n/a
Choice Properties Real Estate Investment Trust CHP-UN.TO	Canada	$7.95B	-1%	+4%	20%	40.5×	n/a	n/a
Vicinity Centres VCX.AX	Australia	$8.01B	0%	+3%	52%	15.3×	n/a	n/a
Rexford Industrial Realty REXR	United States	$8.02B	+4%	-2%	40%	29.5×	n/a	n/a
MERLIN Properties SOCIMI MRL.MC	Spain	$8.05B	-23%	+13%	71%	21.9×	n/a	n/a
Healthcare Realty Trust HR	United States	$6.50B	-5%	-6%	12%	421.5×	n/a	n/a
Rayonier RYN	United States	$6.45B	+6%	-13%	15%	36.0×	n/a	n/a
Essential Properties Realty Trust EPRT	United States	$6.21B	-11%	+21%	64%	21.6×	n/a	n/a
LondonMetric Property LMP.L	United Kingdom	$6.16B	+2%	+17%	89%	13.6×	n/a	n/a

Questions

Who are Charter Hall's main competitors?: Named competitors: Goodman Group (GMG.AX), Dexus (DXS.AX), Centuria Capital Group (CNI.AX). The cockpit's measured peer set (industry) also includes Terreno Realty (TRNO), First Industrial Realty Trust (FR), COPT Defense Properties (CDP), STAG Industrial (STAG), Macerich (MAC), Land Securities (LAND.L).
Is Charter Hall expensive compared with its peers?: On forward p/e it trades at 19.1× against a peer median of 23.1×, 6th cheapest of 19 in its peer set.
How has Charter Hall stock performed?: Over six months to 6 Nov 2026 the shares returned +14.0% against +0.4% for the median peer; over one year +0.1%.