Growthpoint provides spaces for people to thrive. More Details
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Established dividend payer and fair value.
Share Price & News
How has Growthpoint Properties Australia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GOZ is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: GOZ's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: GOZ underperformed the Australian REITs industry which returned 27.8% over the past year.
Return vs Market: GOZ underperformed the Australian Market which returned 37.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Growthpoint Properties Australia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StGrowthpoint Properties Australia's (ASX:GOZ) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
1 month ago | Simply Wall StEstienne de Klerk Is The Non-Executive Director of Growthpoint Properties Australia (ASX:GOZ) And They Just Picked Up 2.9% More Shares
1 month ago | Simply Wall StWhat We Learned About Growthpoint Properties Australia's (ASX:GOZ) CEO Pay
Is Growthpoint Properties Australia 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: GOZ (A$3.66) is trading above our estimate of fair value (A$3.12)
Significantly Below Fair Value: GOZ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GOZ is good value based on its PE Ratio (10.2x) compared to the AU REITs industry average (18.4x).
PE vs Market: GOZ is good value based on its PE Ratio (10.2x) compared to the Australian market (20.5x).
Price to Earnings Growth Ratio
PEG Ratio: GOZ's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: GOZ is good value based on its PB Ratio (1x) compared to the AU REITs industry average (1.1x).
How is Growthpoint Properties Australia forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GOZ's earnings are forecast to decline over the next 3 years (-4% per year).
Earnings vs Market: GOZ's earnings are forecast to decline over the next 3 years (-4% per year).
High Growth Earnings: GOZ's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GOZ's revenue (2.4% per year) is forecast to grow slower than the Australian market (5.7% per year).
High Growth Revenue: GOZ's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GOZ's Return on Equity is forecast to be low in 3 years time (6.4%).
How has Growthpoint Properties Australia performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GOZ has a large one-off gain of A$77.6M impacting its December 31 2020 financial results.
Growing Profit Margin: GOZ's current net profit margins (92.9%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: GOZ's earnings have grown by 6.4% per year over the past 5 years.
Accelerating Growth: GOZ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GOZ had negative earnings growth (-28.9%) over the past year, making it difficult to compare to the REITs industry average (-1.2%).
Return on Equity
High ROE: GOZ's Return on Equity (9.3%) is considered low.
How is Growthpoint Properties Australia's financial position?
Financial Position Analysis
Short Term Liabilities: GOZ's short term assets (A$42.7M) do not cover its short term liabilities (A$123.6M).
Long Term Liabilities: GOZ's short term assets (A$42.7M) do not cover its long term liabilities (A$1.5B).
Debt to Equity History and Analysis
Debt Level: GOZ's debt to equity ratio (46.7%) is considered high.
Reducing Debt: GOZ's debt to equity ratio has reduced from 68.3% to 46.7% over the past 5 years.
Debt Coverage: GOZ's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: GOZ's interest payments on its debt are well covered by EBIT (4.9x coverage).
What is Growthpoint Properties Australia current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GOZ's dividend (5.96%) is higher than the bottom 25% of dividend payers in the Australian market (1.99%).
High Dividend: GOZ's dividend (5.96%) is in the top 25% of dividend payers in the Australian market (5.31%)
Stability and Growth of Payments
Stable Dividend: GOZ's dividend payments have been volatile in the past 10 years.
Growing Dividend: GOZ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (84.7%), GOZ's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GOZ's dividends in 3 years are forecast to be covered by earnings (79.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tim Collyer (52 yo)
Mr. Timothy James Collyer, also known as Tim, B.Bus (Prop), Grad Dip Fin & Inv, AAPI, F Fin, MAICD serves as a Managing Director of Growthpoint Properties Australia since July 12, 2010. Mr. Collyer serves ...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD1.55M) is about average for companies of similar size in the Australian market ($USD1.25M).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
Experienced Management: GOZ's management team is seasoned and experienced (5.1 years average tenure).
Experienced Board: GOZ's board of directors are seasoned and experienced ( 11.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GOZ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Growthpoint Properties Australia's company bio, employee growth, exchange listings and data sources
- Name: Growthpoint Properties Australia
- Ticker: GOZ
- Exchange: ASX
- Founded: 2006
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: AU$2.825b
- Shares outstanding: 771.78m
- Website: https://www.growthpoint.com.au
Number of Employees
- Growthpoint Properties Australia
- 35 Collins Street
- Level 31
Growthpoint provides spaces for people to thrive. For more than 10 years, we’ve been investing in high-quality industrial and office properties across Australia. Today, we own and manage 58 properties, val...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/13 08:31|
|End of Day Share Price||2021/04/13 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.