How does GPT's PS Ratio compare to its peers?

GPT is expensive based on its Price-To-Sales Ratio (8.9x) compared to the peer average (6x).

How does GPT's PS Ratio compare vs other companies in the Global REITs Industry?

GPT is expensive based on its Price-To-Sales Ratio (8.9x) compared to the Global REITs industry average (6.2x).

What is GPT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GPT is good value based on its Price-To-Sales Ratio (8.9x) compared to the estimated Fair Price-To-Sales Ratio (10.9x).

What is the Fair Price of GPT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

GPT (A$4.44) is trading below our estimate of [[fair value]] (A$6.44)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

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

GPT Stock Overview

About the company

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

Rewards

Trading at 31% below our estimate of its fair value

Earnings are forecast to grow 29.74% per year

Risk Analysis

Interest payments are not well covered by earnings

Unstable dividend track record

The GPT Group Competitors

Mirvac Group

ASX:MGR

AU$8.3b

Stockland

ASX:SGP

AU$12.1b

Charter Hall Group

ASX:CHC

AU$7.2b

Growthpoint Properties Australia

ASX:GOZ

AU$2.0b

Price History & Performance

Summary of all time highs, changes and price drops for GPT Group
Historical stock prices
Current Share Price	AU$4.44
52 Week High	AU$5.19
52 Week Low	AU$3.83
Beta	1.08
11 Month Change	-11.38%
3 Month Change	-2.42%
1 Year Change	13.56%
33 Year Change	-12.94%
5 Year Change	-26.00%
Change since IPO	-38.33%

Recent updates

Independent Non-Executive Director Robert Whitfield Just Bought A Handful Of Shares In GPT Group (ASX:GPT)

Feb 25

GPT Group Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 16

Shareholder Returns

	GPT	AU REITs	AU Market
7D	-6.3%	-1.4%	0.2%
1Y	13.6%	24.3%	16.6%

Return vs Industry: GPT underperformed the Australian REITs industry which returned 24.3% over the past year.

Return vs Market: GPT underperformed the Australian Market which returned 16.6% over the past year.

Price Volatility

Is GPT's price volatile compared to industry and market?
GPT volatility
GPT Average Weekly Movement	2.4%
REITs Industry Average Movement	4.1%
Market Average Movement	8.4%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: GPT has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: GPT's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1959	n/a	Russell Proutt	www.gpt.com.au

GPT is a vertically integrated diversified property group that owns and actively manages a portfolio of high quality Australian retail, office and logistics assets, with assets under management of $32.4 billion. The Group utilises its real estate management platform to enhance returns through property development and funds management.

The GPT Group Fundamentals Summary

How do GPT Group's earnings and revenue compare to its market cap?
GPT fundamental statistics
Market cap	AU$8.89b
Earnings (TTM)	-AU$488.30m
Revenue (TTM)	AU$951.20m

8.9x

P/S Ratio

-17.4x

P/E Ratio

Is GPT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GPT income statement (TTM)
Revenue	AU$951.20m
Cost of Revenue	AU$361.00m
Gross Profit	AU$590.20m
Other Expenses	AU$1.08b
Earnings	-AU$488.30m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.25
Gross Margin	62.05%
Net Profit Margin	-51.34%
Debt/Equity Ratio	48.6%

How did GPT perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

81%

Payout Ratio

GPT Stock Overview

Rewards

Risk Analysis

The GPT Group Competitors

ASX:MGR

AU$8.3b

ASX:SGP

AU$12.1b

ASX:CHC

AU$7.2b

ASX:GOZ

AU$2.0b

Price History & Performance

Recent News & Updates

CEO, MD & Director recently bought AU$504k worth of stock

First half 2024 earnings released: FFO per share: AU$0.2 (vs AU$0.17 in 1H 2023)

Final dividend reduced to AU$0.12

The GPT Group Announces an Estimated Distribution for the Six Months to 30 June 2024, Payable on August 30, 2024

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

The GPT Group Appoints Louise Mason as Independent Non-Executive Director with Effect from 1 May 2024

Recent updates

CEO, MD & Director recently bought AU$504k worth of stock

First half 2024 earnings released: FFO per share: AU$0.2 (vs AU$0.17 in 1H 2023)

Final dividend reduced to AU$0.12

The GPT Group Announces an Estimated Distribution for the Six Months to 30 June 2024, Payable on August 30, 2024

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

The GPT Group Appoints Louise Mason as Independent Non-Executive Director with Effect from 1 May 2024

The GPT Group to Report First Half, 2024 Results on Aug 19, 2024

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

The GPT Group Appoints Dean McGuire as Interim Chief Financial Officer

The GPT Group Announces the Resignation of Anastasia Clarke as Chief Financial Officer

The GPT Group Announces Executive Changes

Now 20% undervalued after recent price drop

First half 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of AU$0.13 per share at 5.9% yield

The GPT Group Announces an Estimate Distribution for the Six Months to 30 June 2023, Payable on 31 August 2023

The GPT Group Announces the Cessation of Michelle Somerville as Director

The GPT Group Approves Election of Shane Gannon as a Director

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

The GPT Group Announces Retirement of Bob Johnston as Chief Executive Officer

The GPT Group, Annual General Meeting, May 10, 2023

NashCap Pty. Ltd. agreed to acquire Rosehil Business Park, Camelia, NSW and Citiport Business Park, Port Melbourne, VIC from The GPT Group (ASX:GPT) for approximately AUD 250 million.

Independent Non-Executive Director recently bought AU$50k worth of stock

First half 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

The GPT Group Declares Distribution for the Six Months Ended 30 June 2022, Payable on 31 August 2022

The GPT Group Announces the Cessation of Angus Mcnaughton as Director

The GPT Group Appoints Anne Brennan as an Independent Non-Executive Director

CEO, MD & Director recently bought AU$500k worth of stock

Independent Non-Executive Director recently bought AU$59k worth of stock

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Gpt Group Announces Dividend for the Six Months Ended December 31, 2021, Payable on February 28, 2022

GPT Group to Report Fiscal Year 2021 Results on Feb 14, 2022

Sentinel Property Group agreed to acquire Casuarina Square from GPT Wholesale Shopping Centre Fund managed by GPT Funds Management Limited and GPT for $397 million.

Independent Non-Executive Director recently bought AU$61k worth of stock

Independent Non-Executive Director Robert Whitfield Just Bought A Handful Of Shares In GPT Group (ASX:GPT)

Independent Non-Executive Director recently bought AU$61k worth of stock

New 90-day low: AU$4.06

Earnings beat expectations, revenue disappoints

GPT Group (ASX:GPT) and QuadReal Property Group Limited Partnership acquired 917 Boundary Road for AUD137 million.

GPT Group Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

What Is The Ownership Structure Like For GPT Group (ASX:GPT)?

Full year 2020 earnings released: AU$0.11 loss per share (vs AU$0.47 profit in FY 2019)

LOGOS Reportedly Taps Moelis in Bid for Milestone Logistics

GPT Group, Annual General Meeting, May 13, 2021

Need To Know: GPT Group (ASX:GPT) Insiders Have Been Buying Shares

Our Take On GPT Group's (ASX:GPT) CEO Salary

Australian Prime Property Fund Commercial managed by Lend Lease Investment Management entered into a binding agreement to acquire additional 25% stake in 1 Farrer Place from GPT Group (ASX:GPT) for approximately AUD 580 million.

New 90-day high: AU$4.27

Independent Chairman of the Board recently bought AU$132k worth of stock

New 90-day low - AU$3.80

First half earnings released

GPT Group (ASX:GPT) acquired three properties along George Street in Australia for AUD 75 million.

GPT Group (ASX:GPT) cancelled the acquisition of Five Prime Logistics Properties in Sydney.