Charter Hall Long Wale Reit Share Price and Company Fundamentals
Last traded: Last Friday at 6:10 AM
Charter Hall Long WALE REIT is an Australian Real Estate Investment Trust (REIT) listed on the ASX and investing in high quality Australasian real estate assets that are predominantly leased to corporate and government tenants on long term leases. Charter Hall Long WALE REIT is managed by Charter Hall Group (ASX:CHC). With over 29 years' experience in property investment and funds management, we're one of Australia's leading fully integrated property groups. We use our property expertise to access, deploy, manage and invest equity across our core sectors - office, industrial & logistics, retail and social infrastructure. Operating with prudence, we've carefully curated a $45 billion diverse portfolio of over 1,300 high quality, long leased properties. Partnership and financial discipline are at the heart of our approach. Acting in the best interest of customers and communities, we combine insight and inventiveness to unlock hidden value. Taking a long-term view, our $6.8 billion development pipeline delivers sustainable, technologically enabled projects for our customers. The impacts of what we do are far-reaching. From helping businesses succeed by supporting their evolving workplace needs, to providing investors with superior returns for a better retirement, we're powered by the drive to go further.
Key Metrics
PE ratio
4.37
PB ratio
0.95
Dividend yield
5.71%
Beta
0.27
Market cap
$9.4B
Enterprise value
$4.38B
Company profile
| Primary activities | Investment in Australian real estate assets. |
|---|---|
| Industry / Sector | REIT—Diversified / Real Estate |
| Website | http://www.charterhall.com.au |
| Mailing address | No. 1 Martin Place Level 20 Sydeny NSW 2000 Australia |
| Phone / Fax | 61 2 8651 9000 / 61 2 9221 4655 |
| Share registry | LINK MARKET SERVICES LIMITED |
Dividends
More: Charter Hall Long Wale Reit Dividend history, yield and payout ratio
Dividend yield
5.71%
Dividend amount
$0.29
Payout ratio
25.66%
Charter Hall Long Wale Reit paid $0.29 dividend and the ex-dividend date was 29 Sept 2021.The dividend payout ratio is 25.66%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CLW 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.
CLW's forward dividend amount is $0.3 and the forward dividend yield is 5.79%. 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 Sep 2021, following are the company executives and directors listed on Charter Hall Long Wale Reit.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. David William Harrison | MD, Group CEO & Exec. Director of Charter Hall WALE Limited | 54 | |
| Mr. Philip Cheetham | Head of Listed Investor Relations | ||
| Mr. Mark Bryant | Company Sec. & Group Gen. Counsel of Charter Hall WALE Limited | ||
| Megan Moore | Communications & Media Mang. | ||
| Mr. Steven Bennett | Direct CEO | ||
| Mr. Scott Nicholas Martin B.Com, B.Com., C.A., CA | Head of Fin. - Diversified | ||
| Adrian Harrington | Head of Capital & Product Devel. | ||
| Ms. Carmel Hourigan | Office CEO & Exec. Director of Charter Hall Wale Limited | ||
| Mr. Avi Anger B.Com, M.Com | Fund Mang. |
Profitability and management effectiveness
Profit margin
122.49%
Operating margin
90.82%
Return on assets
7.37%
Return on equity
22.63%
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 Charter Hall Long Wale Reit is 9.4B and its enterprise value is 4.38B. The enterprise value to revenue ratio of CLW is 8.68.
The CLW's stocks Beta value is 0.27 making it 73% 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 Charter Hall Long Wale Reit (CLW)
- Abacus Property Group (ABP)
- Bwp Trust (BWP)
- Charter Hall Group (CHC)
- Charter Hall Retail Reit (CQR)
- Cromwell Property Group (CMW)
- Dexus (DXS)
- Goodman Group (GMG)
- Gpt Group (GPT)
- Growthpoint Properties Australia (GOZ)
- Ingenia Communities Group (INA)
- Lendlease Group (LLC)
- Mirvac Group (MGR)
- National Storage Reit (NSR)
- Scentre Group (SCG)
- Shopping Centres Australasia Property Group (SCP)
- Stockland (SGP)
- Unibail-rodamco-westfield (URW)
- Vicinity Centres (VCX)
Charter Hall Long Wale Reit (ASX:CLW) Frequently Asked Questions
1. What is Charter Hall Long Wale Reit's Stock Symbol?
Charter Hall Long Wale Reit trades on ASX under the ticker symbol "CLW".
2. What is Charter Hall Long Wale Reit's stock price today?
One share of CLW stock can currently be purchased for approximately $4.97.
3. How can I contact Charter Hall Long Wale Reit?
Charter Hall Long Wale Reit's mailing address is No. 1 Martin Place Level 20 Sydeny NSW 2000 Australia. The company can be reached via phone at 61 2 8651 9000.
4. What is Charter Hall Long Wale Reit's official website?
The official website of Charter Hall Long Wale Reit is http://www.charterhall.com.au.
5. Which share registry manages Charter Hall Long Wale Reit's stock?
Charter Hall Long Wale Reit's stock is managed by LINK MARKET SERVICES LIMITED.