Goodman Group is a real estate - 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 $3 billion. If you're looking to buy shares, check out the steps below.
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| 52-week range | $16.7873 - $23.685 |
|---|---|
| 50-day moving average | $22.048 |
| 200-day moving average | $20.7211 |
| Target price | $25.21 |
| PE ratio | 27.77 |
| Dividend yield | $0.3 (1.28%) |
| Earnings per share (TTM) | $0.81 |
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.
Historical closes compared with the last close of A$23.31
| 1 week (2023-12-01) | 1.13% |
|---|---|
| 1 month (2023-11-09) | 3.74% |
| 3 months (2023-09-08) | 0.52% |
| 6 months (2023-06-09) | 18.87% |
| 1 year (2022-12-09) | 28.22% |
|---|---|
| 2 years (2021-12-09) | -7.97% |
| 3 years (2020-12-09) | 28.29% |
| 5 years (2018-12-07) | 112.68% |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, Goodman Group shares trade at around 28x 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 (earnings before interest, taxes, depreciation and amortisation) is $1.7 billion (£0.0 million).
The EBITDA is a measure of a Goodman Group's overall financial performance and is widely used to measure stock profitability.
| Revenue TTM | $3 billion |
|---|---|
| Operating margin TTM | 38.84% |
| Gross profit TTM | $930.1 million |
| Return on assets TTM | 4.66% |
| Return on equity TTM | 9.06% |
| Profit margin | 52.15% |
| Book value | 9.568 |
| Market capitalisation | $43.8 billion |
TTM: trailing 12 months
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.
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.).
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.
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.
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.
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.
Goodman Group was last rated for ESG on: 2019-01-01.
| Total ESG score | 15.19 |
|---|---|
| Total ESG percentile | 10.42 |
| Environmental score | 9.65 |
| Environmental score percentile | 9 |
| Social score | 9.75 |
| Social score percentile | 9 |
| Governance score | 8.79 |
| Governance score percentile | 9 |
| Level of controversy | 1 |
Dividend payout ratio: 52.63% of net profits
Recently Goodman Group has paid out, on average, around 52.63% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.28% 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 1.28% 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.
Goodman Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 29 June 2023 (the "ex-dividend date").
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.
Over the last 12 months, Goodman Group's shares have ranged in value from as little as $16.7873 up to $23.685. 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 0.835. This would suggest that Goodman Group's shares are less volatile than average (for this exchange).
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom and the Americas. 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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