CMWCF (Cromwell Property Group) Intrinsic Value: DCF (FCF Based): $0.27 (As of Aug. 26, 2026)

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Director of Data and Quant Analytics at GuruFocus
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CMWCF Cromwell Property Group CMWCF
43 GF Score
Price $0.25
GF Value $0.22
! 6 Warning Signs
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What is Cromwell Property Group Intrinsic Value: DCF (FCF Based)?

Cromwell Property Group CMWCF 43 Intrinsic Value: DCF (FCF Based) is $0.27 as of Aug. 26, 2026. GuruFocus rates CMWCF with a GF Score™ of 43/100 and a GF Value™ of $0.22. The stock has 6 warning signs investors should review. Among 58 REITs companies, Cromwell Property Group ranks worse than 1724136.21% on this metric.

As of today (2026-08-26), Cromwell Property Group's intrinsic value calculated from the Discounted Cash Flow model is $0.27.

Note: Discounted Cash Flow model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's predictability rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

Cromwell Property Group's Predictability Rank is 1-Star. Thus, this page is only used for demonstration purposes and the DCF related results in the screener and portfolio will appear as zero.

Margin of Safety (FCF Based) using Discounted Cash Flow model for Cromwell Property Group is 6.52%.

The industry rank for Cromwell Property Group's Intrinsic Value: DCF (FCF Based) or its related term are showing as below:

CMWCF's Price-to-DCF (FCF Based) is not ranked *
in the REITs industry.
Industry Median: 1.265
* Ranked among companies with meaningful Price-to-DCF (FCF Based) only.

Cromwell Property Group  (OTCPK:CMWCF) Intrinsic Value: DCF (FCF Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book per Share, Graham Number, Median PS Value etc, discounted Cash Flow model evaluates the companies based on their future earnings power instead of their assets.


Be Aware

What you need to know about the DCF model:

1. The DCF model evaluates a company based on its future earnings power
2. Growth is taken into account; therefore a faster growth company is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies that have relatively consistent performance.
4. The DCF model works poorly for inconsistent performers such as cyclicals.
5. What discount rate should you use? Your expected return from the investment is a good discount rate assumption.
6. A larger margin of safety should be required for companies with less predictable businesses.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


Cromwell Property Group Intrinsic Value: DCF (FCF Based) Related Terms


Cromwell Property Group Intrinsic Value: DCF (FCF Based) Historical Data

* Premium members only.

The historical data trend for Cromwell Property Group's Intrinsic Value: DCF (FCF Based) can be seen below:

* 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.

Cromwell Property Group Intrinsic Value: DCF (FCF Based) Chart

Cromwell Property Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Intrinsic Value: DCF (FCF Based)
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Cromwell Property Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Intrinsic Value: DCF (FCF Based) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

CMWCF vs BXP, ARE, VNO: Intrinsic Value: DCF (FCF Based) Comparison

For the REIT - Office subindustry, Cromwell Property Group's Price-to-DCF (FCF Based), along with its competitors' market caps and Price-to-DCF (FCF Based) 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.


Cromwell Property Group Price-to-DCF (FCF Based) vs REITs Industry

For the REITs industry and Real Estate sector, Cromwell Property Group's Price-to-DCF (FCF Based) distribution charts can be found below:

* The bar in red indicates where Cromwell Property Group's Price-to-DCF (FCF Based) falls into.


CMWCF
43GF Score
Cromwell Property Group CMWCF
Intrinsic Value: DCF (FCF Based) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cromwell Property Group Intrinsic Value: DCF (FCF Based) Calculation

This is the intrinsic value calculated from the Discounted Cash Flow model with default parameters. In a discounted cash flow model, the future cash flow is estimated based on a cash flow growth rate and a discount rate. The cash flow of the future is discounted to its current value at the discount rate. All of the discounted future cash flow is added together to get the current intrinsic value of the company.

Usually a two-stage model is used when calculating a stock's intrinsic value using a discounted cash flow model. The first stage is called the growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DCF calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 11%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 4.83%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Growth Rate in the growth stage: g1 = 5%
The Growth Rate in the growth stage is initially set as the default 10-Year FCF Growth Rate (Per Share). In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year FCF Growth Rate (Per Share). If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year FCF Growth Rate (Per Share).
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
=> Cromwell Property Group's average Free Cash Flow Growth Rate in the past 10 years was -6.80%, which is less than 5%. GuruFocus defaults => Growth Rate: 5%

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Years of Terminal Growth: y2 = 10

6. Free Cash Flow per Share: fcf = $0.023.
However, GuruFocus DCF calculator is actually a Discounted Earnings calculator, the EPS without NRI is used as the default. The reason we are doing this is we found that historically stock prices are more correlated with earnings than free cash flow.

All of the default settings can be changed and the results are calculated automatically.

Cromwell Property Group's Intrinsic Value: DCF (FCF Based) for today is calculated as

Intrinsic Value: DCF (FCF Based)=Free Cash Flow per Share*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+0.05)/(1+0.11) = 0.94594594594595
and y = (1+g2)/(1+d) = (1+0.04)/(1+0.11) = 0.93693693693694

Intrinsic Value: DCF (FCF Based)=Free Cash Flow per Share*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=Free Cash Flow per Share*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=0.023*11.5406
=0.27

Margin of Safety (FCF Based)=(Intrinsic Value: DCF (FCF Based)-Current Price)/Intrinsic Value: DCF (FCF Based)
=(0.27-0.2524)/0.27
=6.52 %

* 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.

What does a Intrinsic Value: DCF (FCF Based) of $0.27 mean?
Cromwell Property Group (CMWCF) has a Intrinsic Value: DCF (FCF Based) of $0.27 as of Aug. 26, 2026. Intrinsic Value: DCF (FCF Based) is the stock value based on a two-stage discounted free cash flow model. View historical data on Cromwell Property Group and its competitors. According to the industry distribution chart, Cromwell Property Group ranks #999999 out of 58 companies in the REITs industry.
Is Cromwell Property Group's Intrinsic Value: DCF (FCF Based) too high?
Cromwell Property Group's current Intrinsic Value: DCF (FCF Based) is $0.27. The REITs industry median Intrinsic Value: DCF (FCF Based) is 1.27. Cromwell Property Group's value of $0.27 is 78.7% below this industry median. Based on the distribution chart, Cromwell Property Group ranks #999999 out of 58 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Cromwell Property Group has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Cromwell Property Group's Intrinsic Value: DCF (FCF Based) compare to BXP and ARE?
According to the REITs industry distribution chart, Cromwell Property Group ranks #999999 out of 58 companies for Intrinsic Value: DCF (FCF Based). This places Cromwell Property Group in the lower half of its industry. The industry median Intrinsic Value: DCF (FCF Based) is 1.27. Cromwell Property Group's value of $0.27 is 78.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: DCF (FCF Based) for a REITs company?
The median Intrinsic Value: DCF (FCF Based) among REITs companies is 1.27, based on 58 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: DCF (FCF Based) significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: DCF (FCF Based) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cromwell Property Group's current Intrinsic Value: DCF (FCF Based) of $0.27 is 78.7% below 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 Intrinsic Value: DCF (FCF Based) mean?
A high Intrinsic Value: DCF (FCF Based) can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: DCF (FCF Based) is the stock value based on a two-stage discounted free cash flow model. View historical data on Cromwell Property Group and its competitors. For the REITs industry, the median Intrinsic Value: DCF (FCF Based) is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cromwell Property Group's current Intrinsic Value: DCF (FCF Based) is $0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cromwell Property Group stock overvalued right now?
Cromwell Property Group (CMWCF) has a current Intrinsic Value: DCF (FCF Based) of $0.27. The stock's GF Value™ is $0.22, compared to a current price of $0.25 — trading 14.7% above its estimated fair value. The current Intrinsic Value: DCF (FCF Based) is $0.27 and 78.7% below the REITs industry median of 1.27. Cromwell Property Group's overall GF Score™ is 43/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: DCF (FCF Based) calculated?
Intrinsic Value: DCF (FCF Based) is calculated from a company's financial statements. For Cromwell Property Group (CMWCF), the current Intrinsic Value: DCF (FCF Based) is $0.27 as of Aug. 26, 2026. 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 Cromwell Property Group (CMWCF) Overvalued in 2026?

Based on GuruFocus' analysis, Cromwell Property Group stock appears to be overvalued. The current stock price of $0.25 is trading 14.7% above its estimated GF Value™ of $0.22.

Key valuation signals for CMWCF:

  • Intrinsic Value: DCF (FCF Based): $0.27
  • GF Value™: $0.22 vs. price of $0.25 (14.7% above fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 78.7% below the REITs median (#999999 of 58)

No single metric tells the full story. See the CMWCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cromwell Property Group Business Description

Industry Real EstateREITs
Other Exchanges CMW:Australia
Address 100 Creek Street, Level 10, Brisbane, QLD, AUS, 4000
Cromwell Property Group is an internally managed Australian real estate investment trust. It owns a property portfolio of mostly Australian offices, and also develops and manages properties on behalf of third-party investors in Australia and New Zealand. The group has sold or is in the process of selling its European business in 2024, and once complete, Cromwell's gearing should reduce substantially. This additional financial strength means the business could shift in a variety of directions. Management vows to operate as a capital-light investment manager with a domestic focus. As of Dec. 31, 2025, the funds platform managed third-party assets of AUD 2.8 billion across Australia and New Zealand.
43GF Score

Get the complete analysis for CMWCF

Intrinsic Value: DCF (FCF Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.25
Price
$0.22
GF Value