Goodman Group GMGSF

Morningstar Rating
$18.06 +0.45 (2.53%)
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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.

Price vs Fair Value

GMGSF is trading at a LOCK|%w$<D premium.
Price
$18.06
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

News

Trading Information

Previous Close Price
$17.61
Day Range
$16.76–18.38
52-Week Range
$16.08–23.92
Bid/Ask
$16.25 / $518.04
Shares Outstanding
2.05B
Market Cap
$36.92B
Volume/Avg
713 / 14,683

Key Statistics

Price/Earnings (Normalized)
175.53
Price/Sales
21.28
Dividend Yield (Trailing)
1.18%
Dividend Yield (Forward)
1.19%
Dividend Payment Schedule
Feb, Aug
Total Yield
1.18%

Company Profile

Goodman Group owns, manages, and develops industrial properties in 13 countries, historically in Australia but increasingly worldwide. Around half of its operating earnings come from development, a third from management, and the rest from property investment. Most developments are undertaken on behalf of third parties or fund investors. Goodman earns fees in return for development management services. Completed projects are either sold or reside in one of Goodman’s funds or partnerships. Goodman typically retains ownership stakes in the investment vehicles and continues to manage the sites after completion, collecting investment management base fees, performance fees, property services fees, and a share of rental income.
Sector
Real Estate
Industry
REIT - Diversified
Stock Style Box
Large Growth
Total Number of Employees
950

Competitors

Valuation

Metric
GMGSF
PLD
CHC
Price/Earnings (Normalized)
175.5345.1220.25
Price/Book Value
2.102.232.99
Price/Sales
21.2813.3619.64
Price/Cash Flow
28.3022.31—
Price/Earnings
GMGSF
PLD
CHC

Financial Strength

Metric
GMGSF
PLD
CHC
Quick Ratio
3.050.581.26
Current Ratio
3.550.741.97
Interest Coverage
358.945.6815.29
Quick Ratio
GMGSF
PLD
CHC

Profitability

Metric
GMGSF
PLD
CHC
Return on Assets (Normalized)
8.42%4.64%13.31%
Return on Equity (Normalized)
11.14%8.64%17.30%
Return on Invested Capital (Normalized)
8.81%5.96%15.12%
Return on Assets
GMGSF
PLD
CHC

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