Goodman Group (ASX:GMG) - Stock Price, News & Analysis

GMG Stock Overview

Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Continental Europe, the United Kingdom, North America and Brazil.

GMG fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	6/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 25.3% below our estimate of its fair value

Earnings grew by 47.7% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 1.6% per year for the next 3 years

My Notes

New

Notes are coming soon

Goodman Group Competitors

Centuria Industrial REIT

ASX:CIP

AU$2.1b

Dexus Industria REIT

ASX:DXI

AU$989.9m

Scentre Group

ASX:SCG

AU$16.0b

Dexus

ASX:DXS

AU$8.6b

Price History & Performance

Summary of all time highs, changes and price drops for Goodman Group
Historical stock prices
Current Share Price	AU$19.92
52 Week High	AU$25.24
52 Week Low	AU$15.57
Beta	0.78
1 Month Change	14.35%
3 Month Change	18.93%
1 Year Change	-13.13%
3 Year Change	33.78%
5 Year Change	149.31%
Change since IPO	-3.54%

If EPS Growth Is Important To You, Goodman Group (ASX:GMG) Presents An Opportunity

Nov 11

Recent updates

If EPS Growth Is Important To You, Goodman Group (ASX:GMG) Presents An Opportunity

Nov 11

If EPS Growth Is Important To You, Goodman Group (ASX:GMG) Presents An Opportunity

Jul 25

What Type Of Shareholders Own The Most Number of Goodman Group (ASX:GMG) Shares?

Mar 14

With EPS Growth And More, Goodman Group (ASX:GMG) Is Interesting

Feb 21

Shareholders Of Goodman Group (ASX:GMG) Must Be Happy With Their 235% Total Return

Jan 29

Goodman Group's (ASX:GMG) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Jan 08

Who Has Been Selling Goodman Group (ASX:GMG) Shares?

Dec 18

Why Goodman Group's (ASX:GMG) CEO Pay Matters

Nov 27

Daniel Cornelius Peeters Is The Executive Director of Corporate & Director of Goodman Group (ASX:GMG) And They Just Sold 48% Of Their Shares

Sep 04

Peter Simmonds of Goodman Group (ASX:GMG) Just Spent AU$136k On Shares

Aug 21

What Kind Of Shareholders Own Goodman Group (ASX:GMG)?

Aug 02

Did You Participate In Any Of Goodman Group's (ASX:GMG) Fantastic 183% Return ?

Jul 07

Shareholder Returns

	GMG	AU REITs	AU Market
7D	3.8%	1.4%	0.6%
1Y	-13.1%	-6.4%	5.4%

Return vs Industry: GMG underperformed the Australian REITs industry which returned -6.4% over the past year.

Return vs Market: GMG underperformed the Australian Market which returned 5.4% over the past year.

Price Volatility

Is GMG's price volatile compared to industry and market?
GMG volatility
GMG Average Weekly Movement	4.0%
REITs Industry Average Movement	3.5%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	15.9%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: GMG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: GMG's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2001	1,025	Greg Goodman	https://www.goodman.com

Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Continental Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally. Goodman’s global property expertise, integrated own+develop+manage customer service offering and significant investment management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long-term returns for investors.

Goodman Group Fundamentals Summary

How do Goodman Group's earnings and revenue compare to its market cap?
GMG fundamental statistics
Market Cap	AU$36.76b
Earnings (TTM)	AU$3.41b
Revenue (TTM)	AU$4.81b

11.1x

P/E Ratio

7.8x

P/S Ratio

Is GMG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GMG income statement (TTM)
Revenue	AU$4.81b
Cost of Revenue	AU$588.60m
Gross Profit	AU$4.22b
Other Expenses	AU$807.40m
Earnings	AU$3.41b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Feb 16, 2023

Earnings per share (EPS)	1.80
Gross Margin	87.76%
Net Profit Margin	70.98%
Debt/Equity Ratio	17.2%

How did GMG perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

66%

Payout Ratio

GMG Stock Overview

Rewards

Risk Analysis

Goodman Group Competitors

ASX:CIP

AU$2.1b

ASX:DXI

AU$989.9m

ASX:SCG

AU$16.0b

ASX:DXS

AU$8.6b

Price History & Performance

Recent News & Updates

Upcoming dividend of AU$0.15 per share

Goodman Group Announces Dividend for the Period of Six Months Ending December 31, 2022, Payable on February 24, 2023

Goodman Group to Report Fiscal Year 2023 Results on Aug 17, 2023

If EPS Growth Is Important To You, Goodman Group (ASX:GMG) Presents An Opportunity

Now 22% undervalued after recent price drop

Independent Non-Executive Director recently bought AU$78k worth of stock

Recent updates

Upcoming dividend of AU$0.15 per share

Goodman Group Announces Dividend for the Period of Six Months Ending December 31, 2022, Payable on February 24, 2023

Goodman Group to Report Fiscal Year 2023 Results on Aug 17, 2023

If EPS Growth Is Important To You, Goodman Group (ASX:GMG) Presents An Opportunity

Now 22% undervalued after recent price drop

Independent Non-Executive Director recently bought AU$78k worth of stock

Insider recently sold AU$322k worth of stock

Goodman Group Announces Board and Committee Changes

Full year 2022 earnings: Revenues in line with analyst expectations

Goodman Group Provides Group Earnings Guidance for the Fiscal Year 2023

If EPS Growth Is Important To You, Goodman Group (ASX:GMG) Presents An Opportunity

Goodman Group Announces Dividend for the Six Months Ending June 30, 2022, Payable on August 25, 2022

Goodman Group Appoints Vanessa Liu as Director

Insufficient new directors

Consensus forecasts updated

Independent Director recently bought AU$94k worth of stock

Now 22% undervalued after recent price drop

Insufficient new directors

Now 20% undervalued after recent price drop

Here's Why We Think Goodman Group (ASX:GMG) Is Well Worth Watching

Now 20% undervalued after recent price drop

First half 2022 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 90%

Goodman Group Provides Earnings Guidance for the Fiscal Year 2022

Upcoming dividend of AU$0.15 per share

Deputy Group CEO recently sold AU$6.7m worth of stock

Do Goodman Group's (ASX:GMG) Earnings Warrant Your Attention?

Deputy Group CEO recently sold AU$9.0m worth of stock

Group CEO & Director recently sold AU$4.2m worth of stock

Deputy Group CEO recently bought AU$6.0m worth of stock

Is Now The Time To Put Goodman Group (ASX:GMG) On Your Watchlist?

Consensus forecasts updated

Price target increased to AU$23.41

Full year 2021 earnings released: EPS AU$1.25 (vs AU$0.82 in FY 2020)

Upcoming dividend of AU$0.15 per share

Group CEO & Director recently sold AU$11m worth of stock

Does Goodman Group (ASX:GMG) Deserve A Spot On Your Watchlist?

Goodman Group Reaffirms Earnings Guidance for the Full Year 2021

What Type Of Shareholders Own The Most Number of Goodman Group (ASX:GMG) Shares?

Analysts update estimates

New 90-day low: AU$16.73

With EPS Growth And More, Goodman Group (ASX:GMG) Is Interesting

Revenue and earnings beat expectations

LOGOS Reportedly Taps Moelis in Bid for Milestone Logistics

New 90-day low: AU$17.36

Goodman Group (ASX:GMG) signed an agreement to acquire Lower Half of an Kowloon East Industrial Building from Samson Paper Holdings Limited (SEHK:731) for HKD 570 million.

Shareholders Of Goodman Group (ASX:GMG) Must Be Happy With Their 235% Total Return

New 90-day low: AU$17.62

Goodman Group's (ASX:GMG) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Keppel REIT (Australia) Sub-Trust 6 completed the acquisition of Pinnacle Office Park located at Macquarie Park, New South Wales from Goodman Australia Industrial Trust No. 3, managed by Goodman Group (ASX:GMG).

Who Has Been Selling Goodman Group (ASX:GMG) Shares?

New 90-day low: AU$17.82

Why Goodman Group's (ASX:GMG) CEO Pay Matters

Goodman Group to Report Fiscal Year 2021 Results on Aug 11, 2021

Deputy Group CEO recently sold AU$2.3m worth of stock

Analysts update estimates

New 90-day high: AU$19.63

Independent Director recently bought AU$92k worth of stock

Group CEO & Director recently sold AU$19m worth of stock