Employees: 0
Size Qualitas Real Estate Income Fund Units (QRI.AX) is an Australia Real Estate company (Real Estate Investment Trusts) with a market value of $649M, the 234th largest of 316 Australia companies the cockpit tracks. Shares closed at A$1.49 on 6 Nov 2026.
Performance Over six months the shares fell 6.3%, against -11.9% for the median peer and +4.1% for the Australia market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 11.8% over the last twelve months (peer median +2.2%); the operating margin is 79.8% (peer median 51.8%).
Valuation It trades at 12.3× forward earnings against a peer median of 11.2× (7th most expensive of 15).
Next results Next results expected around 22 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | A$88.9M | A$88.9M | A$79.5M | A$68.3M | A$57.1M |
| Revenue growth | — | +12% | +16% | +20% | — |
| Gross profit | A$73.3M | A$72.7M | A$66.3M | A$57.1M | A$47.5M |
| EBITDA | A$70.9M | A$70.9M | A$66.9M | A$55.9M | A$46.5M |
| Net income | A$70.9M | A$70.9M | A$66.9M | A$55.9M | A$46.5M |
| Free cash flow | A$36.0M | A$36.0M | -A$231M | -A$18.8M | A$44.1M |
| Capital expenditure | A$0 | A$0 | A$0 | A$0 | A$0 |
| Total debt | n/a | A$0 | A$0 | A$0 | A$0 |
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 | QRI.AX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.0% | 0.0% | 10th highest of 21 |
| 6-month return | -6.3% | -11.9% | 7th highest of 21 |
| Distance from 52-week high | -8.1% | -22.8% | 3rd highest of 21 |
| Revenue growth (TTM) | +11.8% | +2.2% | 6th highest of 21 |
| Operating margin | 79.8% | 51.8% | 3rd highest of 20 |
| Forward P/E | 12.3× | 11.2× | 7th most expensive of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Qualitas Real Estate Income Fund Units QRI.AX | Australia | $649M | -6% | +12% | 80% | 12.3× | n/a | n/a |
| Cromwell Property CMW.AX | Australia | $662M | -13% | 0% | 52% | 9.1× | n/a | n/a |
| MFA Financial MFA | United States | $628M | -37% | -10% | 80% | 4.7× | n/a | n/a |
| Service Properties Trust SVC | United States | $673M | -37% | -12% | 11% | n/a | n/a | n/a |
| Strawberry Fields REIT STRW | United States | $678M | -5% | +18% | 54% | 15.7× | n/a | n/a |
| Sasseur Real Estate Investment Trust CRPU.SI | Singapore | $621M | -7% | -13% | 90% | 10.3× | n/a | n/a |
| Charter Hall Social Infrastructure REIT CQE.AX | Australia | $681M | +4% | +12% | 72% | 14.6× | n/a | n/a |
| PennyMac Mortgage Investment Trust PMT | United States | $685M | -29% | +11% | 80% | 5.8× | n/a | n/a |
| Chimera Investment CIM | United States | $612M | -46% | +14% | 70% | 3.7× | n/a | n/a |
| AH Realty Trust AHRT | United States | $607M | 0% | -48% | 27% | 106.3× | n/a | n/a |
| Millerful No 1 Real Estate Investment Trust 01010T.TW | Taiwan | $698M | 0% | +4% | 81% | n/a | n/a | n/a |
| Saul Centers BFS | United States | $705M | -19% | +9% | 40% | 50.1× | n/a | n/a |
| Global One Real Estate Investment 8958.T | Japan | $707M | -17% | -11% | 30% | 11.5× | n/a | n/a |
| Invesco Mortgage Capital IVR | United States | $590M | -34% | -105% | n/a | 3.3× | n/a | n/a |
| Digital Core REIT DCRU.SI | Singapore | $588M | -11% | +19% | 39% | 11.0× | n/a | n/a |
| Chatham Lodging Trust CLDT | United States | $722M | +56% | -3% | 10% | n/a | n/a | n/a |
| Hanwha REIT 451800.KS | South Korea | $584M | -26% | +13% | 63% | 28.1× | n/a | n/a |
| CDL Hospitality Trusts J85.SI | Singapore | $725M | -10% | +4% | 28% | 15.6× | n/a | n/a |
| JBG SMITH Properties JBGS | United States | $729M | -20% | -1% | 0% | n/a | n/a | n/a |
| Atom Hoteles SOCIMI YATO.MC | Spain | $572M | -7% | -1% | 56% | n/a | n/a | n/a |
| FrontView REIT FVR | United States | $566M | +5% | +9% | 21% | n/a | n/a | n/a |