GOODMAN GROUP (GMG)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

GMG - GOODMAN GROUP

FNArena Sector : Infra & Property Developers
Year End: June
GICS Industry Group : Real Estate
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Goodman Group is an Australian commercial and industrial property group that owns, develops and manages warehouses, large scale logistics facilities, business and office parks in 17 countries. First listed in February 2005.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$18.23

08 Dec
2022

0.230

OPEN

$18.22

1.28%

HIGH

$18.36

3,315,708

LOW

$17.97

TARGET
$21.59 18.4% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
CIM . CMW . CWP . GOZ . GPT . HPI . LLC . MGR . PPC . SDG . SGP . SIO . VLW . SFC . FWD . LIC . FRI . UOS .
FNARENA'S MARKET CONSENSUS FORECASTS
GMG: 1
Title FY21
Actual
FY22
Actual
FY23
Forecast
FY24
Forecast
EPS (cps) xxx 183.2 93.2 xxx
DPS (cps) xxx 30.0 30.2 xxx
EPS Growth xxx 46.1% - 49.1% xxx
DPS Growth xxx 0.0% 0.6% xxx
PE Ratio xxx N/A 19.5 xxx
Dividend Yield xxx N/A 1.7% xxx
Div Pay Ratio(%) xxx 16.4% 32.4% xxx

Dividend yield today if purchased 3 years ago: 2.10%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

1.65

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 29/06 - ex-div 15c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2022 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx183.2
DPS All xxxxxxxxxxxxxxx30.0
Sales/Revenue xxxxxxxxxxxxxxx2,056.3 M
Book Value Per Share xxxxxxxxxxxxxxx879.2
Net Operating Cash Flow xxxxxxxxxxxxxxx841.0 M
Net Profit Margin xxxxxxxxxxxxxxx166.03 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx23.08 %
Return on Invested Capital xxxxxxxxxxxxxxx19.80 %
Return on Assets xxxxxxxxxxxxxxx17.80 %
Return on Equity xxxxxxxxxxxxxxx23.08 %
Return on Total Capital xxxxxxxxxxxxxxx3.87 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx277.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.7

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Credit Suisse

03/11/2022

1

Outperform

$21.70

19.03%

Credit Suisse makes no changes to its earnings forecasts in the wake of 1Q results though its target for Goodman Group falls to $21.70 from $23.49 on new discount rate and multiple assumptions. It's felt investors generally are searching for an appropriate multiple.

Key takeaways for the analyst from management commentary were a return of rational behaviour for the Industrial real estate sector, and the group is positioned to cope with market challenges/uncertainty. 

The broker notes softer cap rates are being more than offset by rental growth, while development work-in-progress remains elevated.

The Outperform rating is unchanged.

FORECAST
Credit Suisse forecasts a full year FY23 dividend of 30.00 cents and EPS of 90.70 cents.
Credit Suisse forecasts a full year FY24 dividend of 30.00 cents and EPS of 98.20 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

GMG STOCK CHART