Carlton Investments Limited
CIN.AX · ASX
Company research
Carlton Investments Limited (ASX: CIN) is a publicly listed Australian investment company incorporated in 1928 and headquartered in Sydney, NSW, operating as an asset management holding company through three subsidiaries focused on the acquisition and long-term holding of shares and units in entities listed on the Australian Securities Exchange. The company invests in well-managed Australian listed entities anticipated to provide attractive levels of sustainable income and long-term capital growth, with a strong emphasis on companies offering fully franked dividends to deliver tax-efficient returns to shareholders. Its diversified portfolio spans multiple sectors including consumer discretionary (notably a significant holding in EVT Limited), banks, diversified metals and mining, consumer staples, and energy, with total portfolio market value exceeding A$1 billion as at 30 June 2024. Carlton Investments maintains a conservative, long-term investment philosophy — eschewing share trading and speculative stocks — with no debt on its balance sheet and a market capitalisation of approximately A$900 million.
Research reports
Koala Gains’ 2026 future performance analysis describes Carlton Investments as a stable, franked-dividend LIC with modest growth tied to its concentrated Australian blue-chip portfolio, highlighting major risks from heavy exposure to banks and resources, limited reinvestment capacity, and the possibility of a correlated downturn in key sectors over the next 3–5 years.
Simply Wall St · January 29, 2026Carlton Investments (ASX:CIN) Stock Valuation, Peer Comparison & Price TargetsSimply Wall St’s valuation report uses a discounted cash flow model and relative PE comparisons to show CIN trading well above its estimated future cash-flow fair value, while noting that the stock looks cheap versus peer P/E multiples but expensive relative to the broader Australian capital markets industry, implying stretched valuation despite solid earnings.
ValueInvesting.io · August 27, 2025CIN.AX Intrinsic ValueValueInvesting.io’s intrinsic value and DCF analyses estimate fair value around 22–23 AUD per share versus a quoted market price near 37–38 AUD as of August 2025, concluding that Carlton Investments is roughly 30–40% overvalued across multiple valuation frameworks and characterizing the shares as a sell on valuation grounds.
Meyka · July 31, 2025Carlton Investments Limited (CIN.AX) Stock: Technical Analysis & Trading Signals TodayMeyka’s technical analysis article reports neutral momentum on RSI but bullish MACD and strong-trend ADX readings for CIN.AX, with price contained within Bollinger and Keltner channels, and interprets the current configuration of indicators as supporting a broadly bullish trading outlook for the stock.