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Centuria Industrial Reit
ASX:CIP

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Centuria Industrial Reit
ASX:CIP
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Price: 2.97 AUD Market Closed
Market Cap: AU$1.9B

P/FCFE

6.8
Current
39%
Cheaper
vs 3-y average of 11.2

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
6.8
=
Market Cap
AU$2B
/
Free Cash Flow to Equity
AU$273.2m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
6.8
=
Market Cap
AU$2B
/
Free Cash Flow to Equity
AU$273.2m

Valuation Scenarios

Centuria Industrial Reit is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (11.2), the stock would be worth AU$4.89 (65% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+166%
Average Upside
88%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 6.8 AU$2.97
0%
3-Year Average 11.2 AU$4.89
+65%
5-Year Average 9.6 AU$4.22
+42%
Industry Average 12.1 AU$5.27
+78%
Country Average 18.1 AU$7.91
+166%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close

Market Distribution

Lower than 89% of companies in Australia
Percentile
11th
Based on 1 160 companies
11th percentile
6.8
Low
0.2 — 12.5
Typical Range
12.5 — 35.6
High
35.6 —
Distribution Statistics
Australia
Min 0.2
30th Percentile 12.5
Median 18.1
70th Percentile 35.6
Max 5 049.1

Centuria Industrial Reit
Glance View

Market Cap
1.9B AUD
Industry
Real Estate

Centuria Industrial REIT is a formidable player in the world of real estate investment trusts, standing out with its strategic focus on the industrial sector. Managed by Centuria Capital Group, this REIT boasts a diversified portfolio that's prized for its scale and resilience. Properties are strategically located across major metropolitan areas, tapping into bustling logistics hubs and key industrial precincts. The REIT's operational strategy revolves around acquiring, owning, and managing high-quality industrial assets, such as warehouses, distribution centers, and manufacturing sites. These carefully selected properties are often home to long-term tenants, ensuring a steady stream of income through rental agreements. This focus allows Centuria Industrial REIT to capture the robust demand driven by the rise of e-commerce and shifts in supply chain models. In the broader context of the economy, Centuria Industrial REIT capitalizes on the structural changes in how goods are produced, stored, and transported. By prioritizing properties that support logistics and warehousing, the REIT is positioned to benefit from the increasing need for efficient supply chain solutions. Its income generation model hinges on leasing space to tenants, often with built-in rent reviews and contractual escalations that provide predictable revenue growth. This approach not only drives stable cash flow but also creates value appreciation over time. By maintaining a high occupancy rate and fostering strong tenant relationships, Centuria optimizes asset performance and shareholder returns, making it a compelling choice for investors seeking exposure to the industrial real estate sector.

CIP Intrinsic Value
3.29 AUD
Undervaluation 10%
Intrinsic Value
Price AU$2.97
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