Ratings Goodman Group

Equities

GMG

AU000000GMG2

Market Closed - Australian S.E. Other stock markets 02:10:51 2024-04-24 am EDT			5-day change	1st Jan Change
31.36 ^AUD	+1.65%		+0.22%	+23.95%

Apr. 22	Barrenjoey Markets Downgrades Goodman Group to Neutral From Overweight; Price Target is AU$30	MT
Apr. 10	Goodman Group Announces Retirement of Phillip Pryke as Independent Non-Executive Director	CI

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The group's activity appears highly profitable thanks to its outperforming net margins.
Sales forecast by analysts have been recently revised upwards.
Over the past four months, analysts' average price target has been revised upwards significantly.

Weaknesses

With an expected P/E ratio at 29.6 and 26.66 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
The company's "enterprise value to sales" ratio is among the highest in the world.
The company appears highly valued given the size of its balance sheet.
The company is highly valued given the cash flows generated by its activity.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Commercial REITs

	1st Jan change	Capi.	ESG Refinitiv
GOODMAN GROUP	+23.95%	38.64B	B-
PROLOGIS, INC.	-22.47%	95.45B	B+
REXFORD INDUSTRIAL REALTY, INC.	-23.35%	9.25B	A-
EASTGROUP PROPERTIES, INC.	-15.15%	7.57B	B
AMERICOLD REALTY TRUST, INC.	-26.23%	6.4B	B
STAG INDUSTRIAL, INC.	-12.02%	6.32B	B-
FIRST INDUSTRIAL REALTY TRUST, INC.	-12.59%	6.09B	B-
WAREHOUSES DE PAUW SA	-14.74%	5.99B	B
FIBRA PROLOGIS	-11.15%	5.55B	B-
TERRENO REALTY CORPORATION	-13.15%	5.34B	C

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes