How to buy Goodman Group (GMG) shares
Learn how to easily invest in Goodman Group shares.
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Goodman Group is a reit-diversified business based in Australia. Goodman Group shares (GMG) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Goodman Group has a trailing 12-month revenue of around $4.7 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Goodman Group
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Goodman Group. Find the share by name or ticker symbol: GMG. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Goodman Group reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Goodman Group. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
What's in this guide?
- Goodman Group key stats
- Compare share trading platforms
- Is Goodman Group stock a buy or sell?
- Goodman Group performance over time
- Is Goodman Group suitable for ethical investing?
- Are Goodman Group shares over-valued?
- Goodman Group's financials
- How volatile are Goodman Group shares?
- Does Goodman Group pay a dividend?
- Have Goodman Group shares ever split?
- Other common questions
Goodman Group stock price (ASX:GMG)Use our graph to track the performance of GMG stocks over time.
Goodman Group shares at a glance
|52-week range||$16.8 - $26.96|
|50-day moving average||$20.5338|
|200-day moving average||$22.6145|
|Dividend yield||$0.3 (1.5%)|
|Earnings per share (TTM)||$1.723|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Goodman Group stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Goodman Group price performance over time
|1 week (2022-06-17)||9.18%|
|1 month (2022-05-27)||-5.89%|
|3 months (2022-03-25)||-18.07%|
|6 months (2021-12-24)||-28.76%|
|1 year (2021-06-25)||-11.64%|
|2 years (2020-06-26)||22.25%|
|3 years (2019-06-27)||22.49%|
|5 years (2017-06-26)||125.60%|
Is Goodman Group under- or over-valued?
Valuing Goodman Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Goodman Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Goodman Group's P/E ratio
Goodman Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Goodman Group shares trade at around 10x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Goodman Group's EBITDA
Goodman Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.5 billion (£2 billion).
The EBITDA is a measure of a Goodman Group's overall financial performance and is widely used to measure a its profitability.
Goodman Group financials
|Revenue TTM||$4.7 billion|
|Operating margin TTM||74.42%|
|Gross profit TTM||$930.1 million|
|Return on assets TTM||12.5%|
|Return on equity TTM||24.1%|
|Market capitalisation||$32.7 billion|
TTM: trailing 12 months
Goodman Group's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Goodman Group.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Goodman Group's total ESG risk score
Total ESG risk: 15.19
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Goodman Group's overall score of 15.19 (as at 01/01/2019) is excellent – landing it in it in the 10th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Goodman Group is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Goodman Group's environmental score
Environmental score: 9.65/100
Goodman Group's environmental score of 9.65 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Goodman Group is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Goodman Group's social score
Social score: 9.75/100
Goodman Group's social score of 9.75 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Goodman Group is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Goodman Group's governance score
Governance score: 8.79/100
Goodman Group's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Goodman Group is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Goodman Group's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Goodman Group scored a 1 out of 5 for controversy – the highest score possible, reflecting that Goodman Group has managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||15.19|
|Total ESG percentile||10.42|
|Environmental score percentile||9|
|Social score percentile||9|
|Governance score percentile||9|
|Level of controversy||1|
Goodman Group share dividends
Dividend payout ratio: 41.1% of net profits
Recently Goodman Group has paid out, on average, around 41.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.5% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Goodman Group shareholders could enjoy a 1.5% return on their shares, in the form of dividend payments. In Goodman Group's case, that would currently equate to about A$0.3 per share.
While Goodman Group's payout ratio might seem fairly standard, it's worth remembering that Goodman Group may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 30 December 2021 (the "ex-dividend date").
Have Goodman Group's shares ever split?
Goodman Group's shares were split on a 1:5 basis on 4 April 2012. So if you had owned 5 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Goodman Group shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Goodman Group shares which in turn could have impacted Goodman Group's share price.
Goodman Group share price volatility
Over the last 12 months, Goodman Group's shares have ranged in value from as little as $16.8 up to $26.96. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Goodman Group's is 0.4566. This would suggest that Goodman Group's shares are less volatile than average (for this exchange).
Goodman Group overview
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Continental Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally. Goodman's global property expertise, integrated own+develop+manage customer service offering and significant investment management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long-term returns for investors.
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