Centuria Metropolitan REIT

  • IPO date:
  • Sector: Real Estate
  • GIC Group: Equity Real Estate Investment Trusts (REITs)
  • Industry: REIT-Office
  • Company website

Company description

COF is Australia's largest ASX listed pure play office REIT and is included in the S&P/ASX300 Index. COF owns a portfolio of high quality office assets situated in core submarkets throughout Australia. COF is overseen by a hands-on, active manager and provides investors with income and the opportunity for capital growth from a pure play portfolio of high-quality Australian office assets. Centuria Property Funds Limited (CPFL) is the Responsible Entity for the ASX listed Centuria Office REIT (COF) (ARSN 124 364 718). CPFL is a wholly owned subsidiary of Centuria Capital Group (CNI). CNI is an ASX-listed specialist investment manager with more than $21billion in total assets under management (as at 31 December 2022) and offers a range of investment opportunities including listed and unlisted property funds as well as tax-effective investment bonds.

Financial highlights

Market Capitalization$674.9907 million
P/E Ratio0
P/E Growth Ratio0
Book Value2.204
Dividend Per Share0.141
Earnings Per Share-0.15
EBITDA
Profit Margin-0.5496
Operating Margin TTM0.6244
Return on Assets TTM0.0277
Return on Equity TTM-0.0655
Revenue TTM167,280.992

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2015-06-30 18,757.117 952.709 17,804.408 5,670.372
2016-06-30 39,536 1,985 37,551 9,647
2017-06-30 41,385 2,385 39,000 15,061
2018-06-30 77,025 4,192 72,833 20,274
2019-06-30 108,859 6,867 101,992 27,043
2020-06-30 146,314 10,421 135,893 41,297
2021-06-30 161,805 11,543 150,262 44,594
2022-06-30 167,005 12,668 154,337 48,896
2023-06-30 166,822 13,189 153,633 49,807

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2014-06-30 2,000 185,200 49,000 47,700 140,200
2015-06-30 6,273.121 329,993.716 94,737.356 129,110.151
2016-06-30 4,911 415,563 155,421 11,113 141,090 129,328
2017-06-30 8,187 629,022 208,483 1,988 187,742 397,637
2018-06-30 18,978 902,811 292,339 0 265,961 545,228
2019-06-30 17,546 1,429,421 534,853 0 497,222 833,320
2020-06-30 28,809 2,119,258 836,306 0 746,372 1,283,138
2021-06-30 15,644 2,068,859 793,867 0 700,800 1,283,138
2022-06-30 26,558 2,410,773 918,272 0 828,504 1,484,579
2023-06-30 17,287 2,311,017 994,673 0 893,576 1,484,579

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2015-06-30 8,931.603 3,512.792 2,760.329 6,273.121 4,659.447
2016-06-30 44,785 22,906 -1,362 6,273 4,911 20,181
2017-06-30 37,689 22,005 3,276 4,911 8,187 20,748
2018-06-30 85,082 49,153 10,791 8,187 18,978 37,213
2019-06-30 53,572 57,546 -1,432 18,978 17,546 53,027
2020-06-30 16,697 84,776 11,263 17,546 28,809 77,118
2021-06-30 76,936 105,535 -13,165 28,809 15,644 86,568
2022-06-30 115,019 96,030 10,914 15,644 26,558 95,386
2023-06-30 -91,931 72,925 -9,271 26,558 17,287 87,959