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How to buy Goodman Group (GMG) shares in Australia

Learn how to easily invest in Goodman Group shares.

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 $1.4 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Goodman Group

To buy shares listed in Australia such as Goodman Group, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. 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.
  3. 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.
  4. 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.
  5. 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.

Goodman Group stock price (ASX:GMG)

Use our graph to track the performance of GMG stocks over time.

Goodman Group shares at a glance

Information last updated 2024-07-19.
52-week range$19.2803 - $37.17
50-day moving average $34.9094
200-day moving average $28.8725
Target price$34.28
PE ratio 337.2727
Dividend yield $0.3 (0.81%)
Earnings per share (TTM) $0.11

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

Historical closes compared with the last close of A$34.15

1 week (2024-07-18) -8.12%
1 month (2024-06-26) -1.81%
3 months (2024-04-26) 10.84%
6 months (2024-01-25) 37.04%
1 year (2023-07-26) 66.42%
2 years (2022-07-26) 76.58%
3 years (2021-07-26) 51.58%
5 years (2019-07-26) 126.46%

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 337x. In other words, Goodman Group shares trade at around 337x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Goodman Group's EBITDA

Goodman Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $87.2 million (£0.0 million).

The EBITDA is a measure of a Goodman Group's overall financial performance and is widely used to measure stock profitability.

Goodman Group financials

Revenue TTM $1.4 billion
Gross profit TTM $930.1 million
Return on assets TTM 0.22%
Return on equity TTM 1.39%
Profit margin 17.46%
Book value 9.243
Market capitalisation $70.5 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 12/31/2018) 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

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

Goodman Group share dividends

We're not expecting Goodman Group to pay a dividend over the next 12 months.

Have Goodman Group's shares ever split?

Goodman Group's shares were split on a 1:5 basis on 3 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 $19.2803 up to $37.17. A popular way to gauge a stock's volatility is its "beta".

GMG.AU volatility(beta: 0.89)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Goodman Group's is 0.892. 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, 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.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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