Report
Gareth James
EUR 100.00 For Business Accounts Only

Charter Hall Likely to Continue Consolidating the Childcare Sector

Charter Hall Education Trust’s first-half results and fiscal 2019 distribution guidance of AUD 0.16 per unit were in line with our expectations. We maintain our earnings forecasts but increase our fair value estimate by 4% to AUD 3.34 to reflect the time value of money impact on our financial model. At the current market price of AUD 3.29 per unit, Charter Hall Education remains fairly valued. The market price implies a fiscal 2019 distribution yield of 4.9% versus 4.8% at our fair value and dis...
Underlying
Charter Hall Education Trust

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Gareth James

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