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Charter Hall Long WALE REIT (ASX:CLW) Profitability Rank : 5 (As of Dec. 2023)


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What is Charter Hall Long WALE REIT Profitability Rank?

Charter Hall Long WALE REIT has the Profitability Rank of 5.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Charter Hall Long WALE REIT's Operating Margin % for the quarter that ended in Dec. 2023 was 67.56%. As of today, Charter Hall Long WALE REIT's Piotroski F-Score is 3.


Competitive Comparison of Charter Hall Long WALE REIT's Profitability Rank

For the REIT - Diversified subindustry, Charter Hall Long WALE REIT's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Charter Hall Long WALE REIT's Profitability Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Charter Hall Long WALE REIT's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Charter Hall Long WALE REIT's Profitability Rank falls into.



Charter Hall Long WALE REIT Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Charter Hall Long WALE REIT has the Profitability Rank of 5.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Charter Hall Long WALE REIT's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=74.443 / 110.185
=67.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Charter Hall Long WALE REIT has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Charter Hall Long WALE REIT operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Charter Hall Long WALE REIT Profitability Rank Related Terms

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Charter Hall Long WALE REIT (ASX:CLW) Business Description

Traded in Other Exchanges
Address
No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Charter Hall Long Wale REIT is a diversified property trust, with assets in Australia and New Zealand. Occupancy is near 100%, and weighted average lease length is a long 11.2 years (as at June 30, 2023). More than half the REIT's leases are triple-net, where tenants pay rates, maintenance and most outgoings. The REIT's about AUD 7 billion portfolio of 550 properties spans offices, industrial, retail, social infrastructure, and agricultural logistics assets, with about 79% of the portfolio on Australia's eastern seaboard. Leases are evenly spread between CPI-linked (7.2% average rent increase expected in 2023) and fixed uplifts (average 3.1% uplift expected). The tenant profile is strong, with almost all occupiers being government, multinational or national businesses.