Charter Hall Long Wale REIT (CLW) fair value: what the stock is really worth
As of Nov 2, 2026: fair value (intrinsic value) of Charter Hall Long Wale REIT stock A$3.98, price A$3.39, upside +17.4%, quality 70 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 1, 2026.
How to read this chart
60‑month range A$2.44 – A$4.27 · fair‑value band A$3.76 – A$4.69 · the A$3.39 price screens below the A$3.98 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 1, 2026.
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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.
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Charter Hall Long WALE REIT is managed by Charter Hall Group. Charter Hall is one of Australia's leading fully integrated property investment and funds management groups.
We use our expertise to access, deploy, manage and invest equity to create value and generate superior returns for our investor customers. We've curated a diverse portfolio of high-quality properties across our core sectors " Office, Industrial & Logistics, Retail and Social Infrastructure.
With partnerships and financial discipline at the heart of our approach, we create and invest in places that support our customers, people and communities to grow. Charter Hall Long WALE REIT was incorporated in Australia.
Stock analysis
Charter Hall Long Wale REIT (CLW) currently trades at A$3.39, while our model-based Fair Value estimate is A$3.98, implying the stock looks roughly 14.8% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of A$13.07 per share, and 7 of the 13 models we run sit above the A$3.39 price.
Bear case: the Multiples group reads lowest at A$1.75, and 6 of the 13 models stay below the price. Data coverage for this calculation is high.
Scenario range: A$3.76 (bear) to A$4.69 (bull), the price of A$3.39 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 70/100 (solid quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Charter Hall Long Wale REIT reported revenue of A$195M in FY2026 versus A$220M in FY2022, a compound −3.0%/yr. Reported net income was A$276M in FY2026, compounding −25.8%/yr from FY2022.
Key figures
Market cap A$2.4B (≈ $1.7B) Small · P/E ratio 8.7 · P/S ratio 12.5 · EPS (TTM) A$0.3900 · Dividend yield 7.5% · Net margin 142% · Return on equity 8.3% · Return on assets (EBIT) 1.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (low confidence).
What moves the price
The share trades about 16% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 8% fair-value upside, at 17%, CLW screens cheaper than that median.
Fair Value models
BearA$3.76Fair Value A$3.98BullA$4.69
Price A$3.39 · Upside +17.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 4 months old). Earnings retained since then (A$0.0462 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.79/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−9.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−17.1%
Dividend (yield on the price)7.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−17.1% vs 21.5%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.71% → 42%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−6.6%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+17.6%
Yearly sales growth analysts expect, extended to five years.
After inflation (Australia: IMF forecast 3.0% a year to 2030, 2.9% from 2016 to 2025) that is about −9.3% a year for the price and +14.3% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (31 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
Compare Charter Hall Long Wale REIT with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Diversified · 137 stocks
Beats the industry median on 12/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score70 · Top 25%
Fair Value upside+17.4% · Above median
Profitability
Return on equity (12 months)8.3% · Above median
Return on assets5.5% · Top 25%
Net margin (12 months)142.0% · Top 25%
Operating margin (12 months)10.6% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)16.2% · Top 25%
Dividend yield (12 months)7.5% · Above median
Balance sheet
Debt / equity0.45× · Below median
Valuation Multiplesvs REIT - Diversified median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Charter Hall Long Wale REIT Fair Value". https://www.fairvalue-calculator.com/stock/CLW.AU
Frequently asked questions
Is Charter Hall Long Wale REIT (CLW) overvalued or undervalued?
As of Nov 1, 2026, our model estimates a fair value of A$3.98 versus a price of A$3.39, about +17% upside (undervalued).
What is the fair value of CLW?
Our model-based fair value for Charter Hall Long Wale REIT is A$3.98 (as of Nov 1, 2026), built from audited fundamentals. The current price: A$3.39.
What is the quality score of CLW?
Charter Hall Long Wale REIT has a Quality Score of 70/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Charter Hall Long Wale REIT (CLW)?
Our model-based price target is the fair value of A$3.98 (as of Nov 1, 2026) from 14 valuation models. Cautious scenario A$3.76, optimistic scenario A$4.69. It is a calculation from audited fundamentals, not an analyst target.
What is the Charter Hall Long Wale REIT stock forecast for 2026?
Our models put fair value at A$3.98, about +17% upside versus a price of A$3.39 (undervalued). Cautious scenario A$3.76, optimistic scenario A$4.69. The calculation is refreshed regularly with new filings.
What is the revenue of Charter Hall Long Wale REIT (CLW)?
Charter Hall Long Wale REIT reported trailing-twelve-month revenue of about A$194M (latest available figure, as of Nov 1, 2026).
Does Charter Hall Long Wale REIT pay a dividend?
Charter Hall Long Wale REIT currently shows a dividend yield of 7.52% relative to its recent price (as of Nov 1, 2026).
What growth is priced into Charter Hall Long Wale REIT (CLW)?
For today's price to be fair in a discounted-cash-flow model, Charter Hall Long Wale REIT would have to grow free cash flow by -6.6 % per year for five years (discount rate 10.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.7 % per year. As of Nov 1, 2026.
What discount rate (WACC) does the fair value of CLW use?
Our models discount Charter Hall Long Wale REIT at 10.6 %: a base by market capitalisation (small), damped by beta 0.85, country premium for Australia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Charter Hall Long Wale REIT that is -6.6 % per year a year over ten years, using the same discount rate (10.6 %) and the same formula as our fair value.
How much growth has Charter Hall Long Wale REIT (CLW) delivered so far?
Over the past 5 years revenue at Charter Hall Long Wale REIT grew +4.7 % a year. The price currently implies -6.6 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Charter Hall Long Wale REIT (CLW) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Charter Hall Long Wale REIT (-6.6 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Charter Hall Long Wale REIT (CLW)?
The free-cash-flow yield on the price is 21.77 %: that much free cash flow Charter Hall Long Wale REIT produces per unit of market value. When it exceeds the discount rate of our models (10.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Charter Hall Long Wale REIT (CLW)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Charter Hall Long Wale REIT it is A$3.98 per share (as of Nov 1, 2026), against a price of A$3.39. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Charter Hall Long Wale REIT stock overvalued or undervalued in 2026?
As of Nov 1, 2026, CLW trades below its calculated fair value: price A$3.39, fair value A$3.98, a gap of about +17% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CLW?
No. The price is what the market pays today (A$3.39); the fair value is what the company's own numbers justify (A$3.98). For Charter Hall Long Wale REIT the two are A$0.5900 per share apart. That gap is exactly why we show both numbers side by side.
How much is Charter Hall Long Wale REIT worth?
The market values Charter Hall Long Wale REIT at about A$2.4B (market capitalisation, as of Nov 1, 2026). Per share that is A$3.39; our models calculate a fair value of A$3.98 per share.
What do the bullish and bearish scenarios say about CLW?
Our models span a range for Charter Hall Long Wale REIT: cautious scenario A$3.76, base A$3.98, optimistic A$4.69 per share (as of Nov 1, 2026, price A$3.39). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CLW?
Charter Hall Long Wale REIT trades at a price-to-earnings ratio of 8.7 (as of Nov 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of A$3.98 is built from several models across several years. Other multiples: P/B 0.7, P/S 12.5, EV/EBITDA 10.9.
How solid is the balance sheet of Charter Hall Long Wale REIT (CLW)?
Balance-sheet figures for Charter Hall Long Wale REIT (as of Nov 1, 2026): return on equity 8.3%, debt of 0.45 per unit of equity. They feed the Quality Score of 70/100, which measures business quality independently of the share price.
How far is CLW from its 52-week high?
Charter Hall Long Wale REIT trades at A$3.39, about 16% below its 52-week high of A$4.04 and 9% above the low of A$3.12 (as of Nov 2, 2026). Distance from the high says nothing about value: that is what the fair value of A$3.98 is for.
Which stocks are comparable to Charter Hall Long Wale REIT?
From the same area (Real Estate) we also value Goodman Group, VICI Properties Inc, W. P. Carey Inc, The GPT Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Charter Hall Long Wale REIT stock attractive at the current price?
The data as of Nov 1, 2026: price A$3.39, calculated fair value A$3.98 (+17%), Quality Score 70/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CLW calculated?
We run Charter Hall Long Wale REIT through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of A$3.98, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.9 % above its aggregate fair value. Charter Hall Long Wale REIT currently trades 15 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Charter Hall Long Wale REIT (CLW)?
The closing price on Nov 2, 2026 was A$3.39. Our model-based fair value is A$3.98, about +17% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Charter Hall Long Wale REIT right now?
The price is below even our cautious bear case (A$3.76). The market is more pessimistic than our downside scenario. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Charter Hall Long Wale REIT
How large is the market capitalisation of Charter Hall Long Wale REIT (CLW)?
The market capitalisation of Charter Hall Long Wale REIT is A$2.4B (≈ $1.7B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Charter Hall Long Wale REIT (CLW)?
The price-to-sales ratio of Charter Hall Long Wale REIT is 12.5 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Charter Hall Long Wale REIT (CLW)?
Earnings per share at Charter Hall Long Wale REIT are A$0.3900 (price ÷ EPS = P/E 8.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Charter Hall Long Wale REIT (CLW)?
The dividend yield of Charter Hall Long Wale REIT is 7.5% (payout 65.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Charter Hall Long Wale REIT (CLW)?
The net margin of Charter Hall Long Wale REIT is 142% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Charter Hall Long Wale REIT (CLW)?
The return on equity (ROE) of Charter Hall Long Wale REIT is 8.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Charter Hall Long Wale REIT (CLW)?
On an EBIT basis the return on assets of Charter Hall Long Wale REIT is 1.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Charter Hall Long Wale REIT (CLW)?
The operating margin of Charter Hall Long Wale REIT is 10.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Charter Hall Long Wale REIT (CLW)?
Revenue at Charter Hall Long Wale REIT is growing +16.2% versus a year earlier (3y avg −4.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Charter Hall Long Wale REIT (CLW)?
Earnings per share at Charter Hall Long Wale REIT are growing +70.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Charter Hall Long Wale REIT (CLW) carry?
The net debt of Charter Hall Long Wale REIT is A$1.5B (fiscal year 2026, ≈ 2.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 1, 2026