Stock Analysis

The Bull Case For GPT Group (ASX:GPT) Could Change Following Return to Net Profit in H1 2025

  • The GPT Group recently reported its half-year results for the period ended June 30, 2025, recording A$417.6 million in sales and A$551.2 million in revenue, with net income turning to A$329.1 million from a net loss last year.
  • This shift from a substantial net loss to strong net profitability highlights an improvement in operational performance and profitability for the period.
  • Given this turnaround to positive net income, we will explore how this performance update could affect GPT Group's investment narrative.

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GPT Group Investment Narrative Recap

To be a shareholder in GPT Group, you’d need to believe in the company’s ability to deliver reliable growth as it pivots its investment portfolio and capitalizes on high-quality property assets in office, retail, and logistics. The recent return to net profitability is an encouraging sign, but it does not fully address the immediate challenge of office portfolio headwinds and higher financing costs, two of the biggest short-term factors investors are watching closely.

Among recent updates, the scheduled dividend of A$0.120 per ordinary stapled security, announced in June 2025, stands out. The continuation of distributions alongside improved earnings provides some reassurance, but its sustainability may remain under pressure if headwinds in the office segment or rising interest rates persist. In contrast, what stands out most for investors is that…

Read the full narrative on GPT Group (it's free!)

GPT Group's outlook anticipates A$1.0 billion revenue and A$677.4 million earnings by 2028. This projection assumes a 1.0% annual revenue growth rate and an A$878.1 million earnings turnaround from current earnings of A$-200.7 million.

Uncover how GPT Group's forecasts yield a A$5.31 fair value, in line with its current price.

Exploring Other Perspectives

ASX:GPT Earnings & Revenue Growth as at Aug 2025
ASX:GPT Earnings & Revenue Growth as at Aug 2025

Private fair value estimates from the Simply Wall St Community range from A$5.31 to A$7.11 across two distinct perspectives. While improved profitability may support optimism, many are still weighing the risks tied to office exposure and future interest expenses, explore how different investors are interpreting these factors.

Explore 2 other fair value estimates on GPT Group - why the stock might be worth just A$5.31!

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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