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Carindale Property TrustASX:CDP +1.85%58 Equity-to-Asset is 0.72 as of Dec. 2025, which is 6% above its 10-year median of 0.68. GuruFocus rates ASX:CDP with a GF Score™ of 58/100 and a GF Value™ of A$3.41 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 933 REITs companies, Carindale Property Trust ranks better than 68.17% on this metric.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Carindale Property Trust Equity-to-Asset Related Terms
Carindale Property Trust Equity-to-Asset Historical Data
* 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.
ASX:CDP vs SPG, O, KIM: Equity-to-Asset Comparison
For the REIT - Retail subindustry, Carindale Property Trust's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Carindale Property Trust Equity-to-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Carindale Property Trust's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Carindale Property Trust's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Carindale Property Trust's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Carindale Property Trust (ASX:CDP) has a Equity-to-Asset of 0.72 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Carindale Property Trust and its competitors. This is near median its historical median of 0.68. Over the past decade, Carindale Property Trust's Equity-to-Asset has ranged from 0.60 to 0.72. According to the industry distribution chart, Carindale Property Trust ranks #297 out of 933 companies in the REITs industry, placing it in the top 31.8%.
Is Carindale Property Trust's Equity-to-Asset too high?
Carindale Property Trust's current Equity-to-Asset of 0.72 is near median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 0.72. The REITs industry median Equity-to-Asset is 0.58. Carindale Property Trust's value of 0.72 is 24.1% above this industry median. Based on the distribution chart, Carindale Property Trust ranks #297 out of 933 companies in the REITs industry, which is above the industry midpoint. Overall, Carindale Property Trust has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carindale Property Trust's Equity-to-Asset compare to SPG and O?
According to the REITs industry distribution chart, Carindale Property Trust ranks #297 out of 933 companies for Equity-to-Asset. This puts Carindale Property Trust in the upper half of its industry. The industry median Equity-to-Asset is 0.58. Carindale Property Trust's value of 0.72 is 24.1% above this benchmark. Historically, Carindale Property Trust's own Equity-to-Asset has ranged from 0.60 to 0.72 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.58, Carindale Property Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.58, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carindale Property Trust's current Equity-to-Asset of 0.72 is 24.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Carindale Property Trust and its competitors. For the REITs industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carindale Property Trust's current Equity-to-Asset is 0.72, which is near median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carindale Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Carindale Property Trust (ASX:CDP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.41, compared to a current price of A$5.50 — trading 61.3% above its estimated fair value. The current Equity-to-Asset is 0.72, which is near median its 10-year median of 0.68 and 24.1% above the REITs industry median of 0.58. Carindale Property Trust's overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Carindale Property Trust (ASX:CDP), the current Equity-to-Asset is 0.72 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Carindale Property Trust (ASX:CDP) Overvalued in 2026?
Based on GuruFocus' analysis, Carindale Property Trust stock appears to be overvalued.
The current stock price of A$5.50 is trading 61.3% above its estimated GF Value™ of A$3.41.
GuruFocus considers Carindale Property Trust to be Significantly Overvalued.
Key valuation signals for ASX:CDP:
Equity-to-Asset: 0.72 (near median its 10-year median of 0.68)
GF Value™: A$3.41 vs. price of A$5.50 (61.3% above fair value)
Industry Position: 24.1% above the REITs median (#297 of 933)
No single metric tells the full story. See the ASX:CDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carindale Property Trust is engaged in the long-term ownership of an interest in the Westfield Cardinal shopping center. The company derives revenue from shopping center base rent and other property income. The Trust operates in one business segment, being the ownership of a shopping centre in Australia.
58GF Score
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