Employees: 124
Size Cromwell Property (CMW.AX) is an Australia Real Estate company (Real Estate Investment Trusts) with a market value of $662M, the 231st largest of 316 Australia companies the cockpit tracks. Shares closed at A$0.36 on 6 Nov 2026.
Performance Over six months the shares fell 13.1%, against -13.7% for the median peer and +4.1% for the Australia market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 0.1% over the last twelve months (peer median +4.3%); the operating margin is 51.8% (peer median 58.1%).
Valuation It trades at 0.63× book value against a peer median of 0.78× (8th cheapest of 21).
Price implies The share price implies a return on equity of about 8.2%; Cromwell Property delivers 9.1%, so the price asks less than the business earns today.
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | A$178M | A$178M | A$177M | A$188M | A$202M |
| Revenue growth | — | 0% | -6% | -7% | — |
| Gross profit | A$135M | A$135M | A$142M | A$151M | A$162M |
| EBITDA | A$98.2M | A$98.2M | A$104M | A$115M | A$124M |
| Net income | A$135M | A$135M | -A$58.6M | -A$541M | -A$439M |
| Free cash flow | A$63.1M | A$63.1M | A$102M | A$108M | A$148M |
| Capital expenditure | A$200,000 | A$200,000 | A$600,000 | A$4.90M | A$1.30M |
| Total debt | n/a | A$775M | A$676M | A$1.39B | A$1.82B |
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.
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.
| Measure | CMW.AX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +12.3% | -0.2% | 4th highest of 21 |
| 6-month return | -13.1% | -13.7% | 11th highest of 21 |
| Return on equity | 9.1% | 4.4% | 3rd highest of 21 |
| Price / book | 0.63× | 0.78× | 8th cheapest of 21 |
| Trailing P/E | 7.1× | 16.7× | 2nd cheapest of 14 |
| ROE the price implies | 8.2% | 7.0% | 8th most demanding of 21 |
| ROE delivered | 9.1% | 4.5% | 3rd highest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Cromwell Property CMW.AX | Australia | $662M | -13% | 0% | 9% | 0.63× | 8.2% | 9.1% |
| Service Properties Trust SVC | United States | $673M | -37% | -12% | -56% | 0.17× | 4.8% | -56.3% |
| Qualitas Real Estate Income Fund Units QRI.AX | Australia | $649M | -6% | +12% | 7% | 0.93× | 6.3% | 7.1% |
| Strawberry Fields REIT STRW | United States | $678M | -5% | +18% | 71% | 20.65× | 72.4% | 71.4% |
| Charter Hall Social Infrastructure REIT CQE.AX | Australia | $681M | +4% | +12% | 6% | 0.67× | 8.3% | 6.3% |
| PennyMac Mortgage Investment Trust PMT | United States | $685M | -29% | +11% | 5% | 0.55× | 7.3% | 4.5% |
| Millerful No 1 Real Estate Investment Trust 01010T.TW | Taiwan | $698M | 0% | +4% | 3% | 0.93× | 3.4% | n/a |
| MFA Financial MFA | United States | $628M | -37% | -10% | -1% | 0.39× | 6.8% | -0.7% |
| Saul Centers BFS | United States | $705M | -19% | +9% | 11% | 6.38× | 43.2% | 11.3% |
| Sasseur Real Estate Investment Trust CRPU.SI | Singapore | $621M | -7% | -13% | 5% | 0.76× | 4.1% | 5.3% |
| Global One Real Estate Investment 8958.T | Japan | $707M | -17% | -11% | 8% | 0.99× | 4.9% | 8.5% |
| Chimera Investment CIM | United States | $612M | -46% | +14% | 0% | 0.41× | 7.5% | 0.0% |
| Chatham Lodging Trust CLDT | United States | $722M | +56% | -3% | 2% | 1.00× | 10.5% | 1.6% |
| AH Realty Trust AHRT | United States | $607M | 0% | -48% | 0% | 1.12× | 11.4% | n/a |
| CDL Hospitality Trusts J85.SI | Singapore | $725M | -10% | +4% | -1% | 0.46× | 3.9% | -1.2% |
| JBG SMITH Properties JBGS | United States | $729M | -20% | -1% | -13% | 0.68× | 8.0% | -12.9% |
| Invesco Mortgage Capital IVR | United States | $590M | -34% | -105% | -3% | 0.80× | 11.2% | -3.5% |
| Digital Core REIT DCRU.SI | Singapore | $588M | -11% | +19% | 4% | 0.57× | 5.0% | 4.3% |
| Safehold SAFE | United States | $750M | -30% | +13% | 5% | 0.31× | 6.4% | 4.8% |
| Hanwha REIT 451800.KS | South Korea | $584M | -26% | +13% | 5% | 1.18× | 5.9% | 4.6% |
| Slate Grocery REIT SGR-UN.TO | Canada | $763M | +8% | +2% | 6% | 1.12× | 9.7% | 6.4% |