Goodman Property Trust GMT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- NZD 2.06
- Day Range
- NZD 2.05–2.08
- 52-Week Range
- NZD 1.95–2.32
- Bid/Ask
- NZD 2.00 / NZD 2.08
- Market Cap
- NZD 3.15 Bil
- Volume/Avg
- 1.1 Mil / 798,406
Key Statistics
- Price/Earnings (Normalized)
- 53.68
- Price/Sales
- 11.80
- Dividend Yield (Trailing)
- 3.05%
- Dividend Yield (Forward)
- 3.16%
- Total Yield
- 3.06%
Company Profile
Goodman Property Trust is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment strategy is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Stock Style Box
- Mid Core
- Total Number of Employees
- 65
- Website
- https://www.goodman.com
Comparables
Valuation
|
Metric
|
GMT
|
DXS
|
GOZ
|
|---|---|---|---|
Price/Earnings (Normalized) | 53.68 | — | 89.58 |
Price/Book Value | 1.02 | 0.80 | 0.77 |
Price/Sales | 11.80 | 9.27 | 6.28 |
Price/Cash Flow | 25.69 | 13.31 | 15.31 |
Price/Earnings
GMT
DXS
GOZ
Financial Strength
|
Metric
|
GMT
|
DXS
|
GOZ
|
|---|---|---|---|
Quick Ratio | 0.04 | 0.39 | 0.17 |
Current Ratio | 0.12 | 0.95 | 0.21 |
Interest Coverage | −13.65 | −9.57 | −2.29 |
Quick Ratio
GMT
DXS
GOZ
Profitability
|
Metric
|
GMT
|
DXS
|
GOZ
|
|---|---|---|---|
Return on Assets (Normalized) | −11.82% | −7.51% | −5.75% |
Return on Equity (Normalized) | −17.34% | −11.38% | −10.11% |
Return on Invested Capital (Normalized) | −12.38% | −8.02% | −4.24% |
Return on Assets
GMT
DXS
GOZ
REIT - Industrial Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Prologis Inc
PLD
| Gfhgcjpw | Cpgp | $116.0 Bil | |||
| Public Storage
PSA
| Vdqtyxjnt | Kycd | $62.4 Bil | |||
| Extra Space Storage Inc
EXR
| Wshkmhkrzk | Kvx | $37.4 Bil | |||
| Lineage Inc REIT
LINE
| — | Bvg | $17.8 Bil | |||
| Segro PLC
SEGXF
| — | Xnkfh | $15.8 Bil | |||
| CubeSmart
CUBE
| Tmpgjgq | Nwrz | $11.9 Bil | |||
| Rexford Industrial Realty Inc
REXR
| — | Mnvf | $11.1 Bil | |||
| CapitaLand Ascendas REIT Units
ACDSF
| — | Kvdhf | $9.8 Bil | |||
| EastGroup Properties Inc
EGP
| — | Swphc | $9.1 Bil | |||
| Americold Realty Trust Inc
COLD
| Gsxvkbh | Bgpbb | $8.1 Bil |
United States