Garda Diversified Property Fund is a real estate investment trust externally managed by Garda Capital Group.
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Garda Property Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.58|
|52 Week High||AU$1.09|
|52 Week Low||AU$1.58|
|1 Month Change||6.06%|
|3 Month Change||20.23%|
|1 Year Change||41.26%|
|3 Year Change||26.51%|
|5 Year Change||53.66%|
|Change since IPO||53.66%|
Recent News & Updates
|GDF||AU REITs||AU Market|
Return vs Industry: GDF exceeded the Australian REITs industry which returned 20.1% over the past year.
Return vs Market: GDF exceeded the Australian Market which returned 20.3% over the past year.
Stable Share Price: GDF is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: GDF's weekly volatility (3%) has been stable over the past year.
About the Company
Garda Diversified Property Fund is a real estate investment trust externally managed by Garda Capital Group. It invests in real estate markets of Australia. The fund intends to invest in commercial offices in city and suburban markets as well as industrial facilities along the eastern seaboard of Australia.
Garda Property Group Fundamentals Summary
|GDF fundamental statistics|
Is GDF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GDF income statement (TTM)|
|Cost of Revenue||AU$6.81m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.16|
|Net Profit Margin||116.22%|
How did GDF perform over the long term?See historical performance and comparison
4.6%Current Dividend Yield
Is Garda Property Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GDF (A$1.58) is trading above our estimate of fair value (A$1.55)
Significantly Below Fair Value: GDF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GDF is poor value based on its PE Ratio (9.9x) compared to the Australian REITs industry average (9.4x).
PE vs Market: GDF is good value based on its PE Ratio (9.9x) compared to the Australian market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: GDF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: GDF's PB Ratio (1.2x) is in line with the AU REITs industry average.
How is Garda Property Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GDF's earnings are forecast to decline over the next 3 years (-7.1% per year).
Earnings vs Market: GDF's earnings are forecast to decline over the next 3 years (-7.1% per year).
High Growth Earnings: GDF's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GDF's revenue is expected to decline over the next 3 years (-0.9% per year).
High Growth Revenue: GDF's revenue is forecast to decline over the next 3 years (-0.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GDF's Return on Equity is forecast to be low in 3 years time (5.1%).
How has Garda Property Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GDF has a large one-off gain of A$18.0M impacting its June 30 2021 financial results.
Growing Profit Margin: GDF's current net profit margins are higher than last year (18.7%).
Past Earnings Growth Analysis
Earnings Trend: GDF's earnings have grown by 0.6% per year over the past 5 years.
Accelerating Growth: GDF's earnings growth over the past year (541.1%) exceeds its 5-year average (0.6% per year).
Earnings vs Industry: GDF earnings growth over the past year (541.1%) exceeded the REITs industry 106.4%.
Return on Equity
High ROE: GDF's Return on Equity (11.8%) is considered low.
How is Garda Property Group's financial position?
Financial Position Analysis
Short Term Liabilities: GDF's short term assets (A$29.9M) exceed its short term liabilities (A$7.4M).
Long Term Liabilities: GDF's short term assets (A$29.9M) do not cover its long term liabilities (A$209.5M).
Debt to Equity History and Analysis
Debt Level: GDF's debt to equity ratio (69.2%) is considered high.
Reducing Debt: GDF's debt to equity ratio has increased from 44.1% to 69.2% over the past 5 years.
Debt Coverage: GDF's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: GDF's interest payments on its debt are well covered by EBIT (121.9x coverage).
What is Garda Property Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GDF's dividend (4.57%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: GDF's dividend (4.57%) is low compared to the top 25% of dividend payers in the Australian market (5.28%).
Stability and Growth of Payments
Stable Dividend: GDF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GDF's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (92.9%), GDF's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GDF's dividends in 3 years are forecast to be covered by earnings (89.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Matthew Madsen (48 yo)
Mr. Matthew Madsen, DipFin DipFinMrkt MAICD, has been Executive Chairman of GARDA Capital Limited, a Manager of Garda Property Group since January 23, 2017. He serves as Managing Director of GARDA Capital...
CEO Compensation Analysis
Compensation vs Market: Matthew's total compensation ($USD922.28K) is above average for companies of similar size in the Australian market ($USD549.23K).
Compensation vs Earnings: Matthew's compensation has increased by more than 20% in the past year.
Experienced Management: GDF's management team is considered experienced (4.3 years average tenure).
Experienced Board: GDF's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GDF insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.
Garda Property Group's employee growth, exchange listings and data sources
- Name: Garda Property Group
- Ticker: GDF
- Exchange: ASX
- Founded: NaN
- Industry: Office REITs
- Sector: Real Estate
- Market Cap: AU$348.521m
- Shares outstanding: 223.41m
- Website: https://www.gardaproperty.com.au/gdf-investor-centre/company-overview/
- Garda Property Group
- 12 Creek Street
- Level 21
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 07:02|
|End of Day Share Price||2021/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.