Centuria Industrial Reit Share Price and Company Fundamentals
Last traded: Today at 6:10 AM
CIP is Australia's largest domestic pure play industrial REIT and is included in the S&P/ASX 200 Index. CIP's portfolio of high-quality industrial assets is situated in key metropolitan locations throughout Australia and is underpinned by a quality and diverse tenant base. CIP is overseen by a hands on, active manager and provides investors with income and an opportunity for capital growth from a pure play portfolio of high quality Australian industrial assets. Centuria Property Funds No. 2 Limited (CPF2L), is the Responsible Entity for the ASX-listed Centuria Industrial REIT (CIP). CPF2L, is a wholly owned subsidiary of Centuria Capital Group (CNI). CNI is an ASX-listed specialist investment manager with $10.2 billion in total assets under management and strong offerings across listed real estate investment trusts, unlisted real estate funds and investment bonds.
Key Metrics
PE ratio
11.28
PB ratio
1.26
Dividend yield
4.72%
Beta
0.47
Market cap
$2.09B
Enterprise value
$2.8B
Company profile
| Primary activities | Holds a portfolio of industrial properties within Australia. |
|---|---|
| Industry / Sector | REIT—Industrial / Real Estate |
| Website | http://www.centuria.com.au/industrial-reit/home/ |
| Mailing address | Chifley Tower Level 41 2 Chifley Square Sydney NSW 2000 Australia |
| Phone / Fax | / |
| Share registry | BOARDROOM PTY LIMITED |
Dividends
More: Centuria Industrial Reit Dividend history, yield and payout ratio
Dividend yield
4.72%
Dividend amount
$0.18
Payout ratio
54.80%
5Y Avg. yield
6.72%
Centuria Industrial Reit paid $0.18 dividend and the ex-dividend date was 29 June 2021.The dividend payout ratio is 54.80%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CIP dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
CIP's forward dividend amount is $0.17 and the forward dividend yield is 4.49%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2021, following are the company executives and directors listed on Centuria Industrial Reit.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Jason C. Huljich B.Com., B.Comm | Joint Chief Exec. Officer of Centuria Property Funds No. 2 Limited | ||
| Mr. Scott Creelman | Financial Controller of Property Funds of Centuria Property Funds No. 2 Limited | ||
| Mr. Tim Mitchell | Group Head of Investor Relations | ||
| Ms. Anna Kovarik | Gen. Counsel & Company Sec. of Centuria Property Funds No. 2 Limited | ||
| Mr. Ross Lees | Head of Funds Management - Centuria Property Funds No. 2 Limited | ||
| Mr. Jesse Curtis | Fund Mang. |
Profitability and management effectiveness
Profit margin
100.43%
Operating margin
69.26%
Return on assets
3.05%
Return on equity
10.83%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Centuria Industrial Reit is 2.09B and its enterprise value is 2.8B. The enterprise value to revenue ratio of CIP is 19.63.
The CIP's stocks Beta value is 0.47 making it 53% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Companies similar to Centuria Industrial Reit (CIP)
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- Goodman Group (GMG)
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Centuria Industrial Reit (ASX:CIP) Frequently Asked Questions
1. What is Centuria Industrial Reit's Stock Symbol?
Centuria Industrial Reit trades on ASX under the ticker symbol "CIP".
2. What is Centuria Industrial Reit's stock price today?
One share of CIP stock can currently be purchased for approximately $3.78.
3. How can I contact Centuria Industrial Reit?
Centuria Industrial Reit's mailing address is Chifley Tower Level 41 2 Chifley Square Sydney NSW 2000 Australia. The company can be reached via phone at .
4. What is Centuria Industrial Reit's official website?
The official website of Centuria Industrial Reit is http://www.centuria.com.au/industrial-reit/home/.
5. Which share registry manages Centuria Industrial Reit's stock?
Centuria Industrial Reit's stock is managed by BOARDROOM PTY LIMITED.