Financials Growthpoint Properties Australia

Equities

GOZ

AU000000GOZ8

Commercial REITs

Market Closed - Australian S.E. 02:10:43 2024-04-26 am EDT 5-day change 1st Jan Change
2.4 AUD -0.41% Intraday chart for Growthpoint Properties Australia +3.00% +3.00%

Valuation

Fiscal Period: Juni 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,999 2,470 3,142 2,631 2,103 1,809 - -
Enterprise Value (EV) 1 4,402 3,992 4,435 4,322 3,972 3,720 3,744 3,777
P/E ratio 7.79 x 9.07 x 5.69 x 5.75 x -8.69 x 12 x 10.6 x 10.1 x
Yield 5.58% 6.81% 4.91% 6.1% 7.67% 8.07% 8.04% 8.53%
Capitalization / Revenue 11.1 x 8.6 x 10.9 x 8.66 x 6.46 x 5.86 x 5.68 x 5.48 x
EV / Revenue 16.2 x 13.9 x 15.4 x 14.2 x 12.2 x 12.1 x 11.8 x 11.4 x
EV / EBITDA 20.3 x 18 x 19.4 x 18.1 x 15.4 x 14.1 x 13.7 x 13.3 x
EV / FCF 32.4 x 22.1 x 34.1 x -32.2 x -142 x 25.9 x 27 x 25.9 x
FCF Yield 3.09% 4.53% 2.93% -3.11% -0.7% 3.86% 3.7% 3.86%
Price to Book 1.18 x 0.88 x 0.98 x 0.75 x 0.69 x 0.65 x 0.61 x 0.58 x
Nbr of stocks (in thousands) 727,794 771,780 771,872 771,670 753,717 753,852 - -
Reference price 2 4.120 3.200 4.070 3.410 2.790 2.400 2.400 2.400
Announcement Date 8/21/19 8/19/20 8/24/21 8/15/22 8/16/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 271 287.3 288.7 303.7 325.3 308.5 318.4 330.4
EBITDA 1 216.7 222.1 229.2 238.9 257.7 264.4 273 283.1
EBIT 1 216.4 221.8 229 238.7 251 250.7 257.5 267.6
Operating Margin 79.88% 77.2% 79.32% 78.6% 77.16% 81.27% 80.88% 81%
Earnings before Tax (EBT) 1 377.8 279.5 550.2 467.1 -250.7 155.4 150.8 157.8
Net income 1 375.3 272.1 553.2 459.2 -245.6 153.5 169.5 177.4
Net margin 138.51% 94.71% 191.62% 151.2% -75.5% 49.75% 53.24% 53.69%
EPS 2 0.5290 0.3530 0.7150 0.5930 -0.3210 0.2005 0.2272 0.2382
Free Cash Flow 1 136 181 130.1 -134.3 -27.9 143.5 138.7 145.7
FCF margin 50.2% 63% 45.06% -44.22% -8.58% 46.51% 43.56% 44.1%
FCF Conversion (EBITDA) 62.77% 81.49% 56.76% - - 54.27% 50.8% 51.46%
FCF Conversion (Net income) 36.24% 66.52% 23.52% - - 93.48% 81.82% 82.14%
Dividend per Share 2 0.2300 0.2180 0.2000 0.2080 0.2140 0.1936 0.1929 0.2046
Announcement Date 8/21/19 8/19/20 8/24/21 8/15/22 8/16/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales - - - - - 156 - - - - - -
EBITDA - - - - - - - - - - - -
EBIT - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - - - -
Net income 1 - - - 347.4 374.3 84.9 - - - 67 64 -
Net margin - - - - - 54.42% - - - - - -
EPS 2 - - - 0.4490 0.4840 0.1090 - - - 0.0890 0.0850 0.0860
Dividend per Share 2 0.1180 0.1000 0.1000 0.1000 0.1000 0.1080 0.1070 0.1070 0.0965 0.1000 0.1000 -
Announcement Date 2/24/20 8/19/20 2/24/21 8/24/21 2/16/22 8/15/22 2/15/23 8/16/23 2/22/24 - - -
1AUD in Million2AUD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,403 1,522 1,294 1,691 1,869 1,910 1,935 1,968
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 6.475 x 6.852 x 5.644 x 7.077 x 7.253 x 7.225 x 7.087 x 6.95 x
Free Cash Flow 1 136 181 130 -134 -27.9 143 139 146
ROE (net income / shareholders' equity) 6.73% 10.1% 18.3% 13.6% 5.04% 5.43% 5.35% 5.36%
ROA (Net income/ Total Assets) 4.17% 6.31% 11.9% 8.94% 3.1% 2.86% 2.78% 2.84%
Assets 1 8,996 4,309 4,639 5,139 -7,935 5,370 6,097 6,237
Book Value Per Share 2 3.500 3.660 4.170 4.560 4.050 3.720 3.950 4.170
Cash Flow per Share 2 0.1900 0.2200 0.2400 0.2400 0.2200 0.2100 0.2000 0.2100
Capex 1 31 0.2 21.6 318 204 52 52 52
Capex / Sales 11.44% 0.07% 7.48% 104.61% 62.68% 16.85% 16.33% 15.74%
Announcement Date 8/21/19 8/19/20 8/24/21 8/15/22 8/16/23 - - -
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
2.4 AUD
Average target price
2.924 AUD
Spread / Average Target
+21.85%
Consensus
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  3. GOZ Stock
  4. Financials Growthpoint Properties Australia