The GPT Group is one of Australia’s largest diversified property groups and a top 50 ASX listed company by market capitalisation.
Established dividend payer and good value.
Share Price & News
How has GPT Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GPTG.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how GPTG.F performed against the US REITs industry.
Return vs Market: Insufficient data to determine how GPTG.F performed against the US Market.
Price Volatility Vs. Market
How volatile is GPT Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is GPT Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GPTG.F ($2.7) is trading below our estimate of fair value ($2.96)
Significantly Below Fair Value: GPTG.F is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: GPTG.F is good value based on its PE Ratio (8.2x) compared to the US REITs industry average (35.4x).
PE vs Market: GPTG.F is good value based on its PE Ratio (8.2x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: GPTG.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: GPTG.F is good value based on its PB Ratio (0.7x) compared to the US REITs industry average (1.5x).
How is GPT Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GPTG.F's earnings are forecast to decline over the next 3 years (-4.5% per year).
Earnings vs Market: GPTG.F's earnings are forecast to decline over the next 3 years (-4.5% per year).
High Growth Earnings: GPTG.F's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GPTG.F's revenue (2.3% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: GPTG.F's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GPTG.F's Return on Equity is forecast to be low in 3 years time (5.7%).
How has GPT Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GPTG.F has a large one-off gain of A$322.9M impacting its December 31 2019 financial results.
Growing Profit Margin: GPTG.F's current net profit margins are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: GPTG.F's earnings have grown by 8.4% per year over the past 5 years.
Accelerating Growth: GPTG.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GPTG.F had negative earnings growth (-38.7%) over the past year, making it difficult to compare to the REITs industry average (2.1%).
Return on Equity
High ROE: GPTG.F's Return on Equity (7.8%) is considered low.
How is GPT Group's financial position?
Financial Position Analysis
Short Term Liabilities: GPTG.F's short term assets (A$258.8M) do not cover its short term liabilities (A$971.3M).
Long Term Liabilities: GPTG.F's short term assets (A$258.8M) do not cover its long term liabilities (A$3.6B).
Debt to Equity History and Analysis
Debt Level: GPTG.F's debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: GPTG.F's debt to equity ratio has reduced from 41.3% to 35.3% over the past 5 years.
Debt Coverage: GPTG.F's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: GPTG.F's interest payments on its debt are well covered by EBIT (4.5x coverage).
What is GPT Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GPTG.F's dividend (6.98%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: GPTG.F's dividend (6.98%) is in the top 25% of dividend payers in the US market (4.35%)
Stability and Growth of Payments
Stable Dividend: GPTG.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: GPTG.F's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (79.2%), GPTG.F's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GPTG.F's dividends in 3 years are forecast to be covered by earnings (77.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Johnston (58 yo)
Mr. Robert William Johnston, also known as Bob, B. Eng (Electrical) (Honours 1), serves as Chief Executive, Managing Director and Executive Director at GPT RE Limited since September 9, 2015. He has been t ...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD2.72M) is below average for companies of similar size in the US market ($USD7.26M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
|CEO, MD & Director||4.92yrs||AU$3.79m||0.087% |
|Chief Financial Officer||4.75yrs||AU$1.95m||no data|
|Chief Operating Officer||4.75yrs||AU$1.91m||no data|
|Head of Investor Relations & Corporate Affairs||no data||no data||no data|
|General Counsel & Company Secretary||16.58yrs||AU$1.07m||no data|
|Head of Office & Logistics||4.75yrs||AU$1.22m||no data|
|Head of Funds Management||4.67yrs||AU$1.70m||no data|
|Head of Retail||1.33yrs||no data||no data|
|Chief Risk Officer||1.33yrs||no data||no data|
|Senior Legal Counsel & Company Secretary||4.92yrs||no data||no data|
|Fund Manager of Wholesale Office||14.08yrs||no data||no data|
Experienced Management: GPTG.F's management team is considered experienced (4.8 years average tenure).
|CEO, MD & Director||4.92yrs||AU$3.79m||0.087% |
|Independent Non-Executive Director||1.25yrs||AU$145.30k||0.00090% |
|Independent Non-Executive Director||10.25yrs||AU$217.91k||0.0026% |
|Independent Non-Executive Director||1.75yrs||AU$210.38k||0.0013% |
|Non- Executive Director||0.25yr||no data||no data|
|Independent Chairman of the Board||2.25yrs||AU$430.00k||0.0040% |
|Independent Non-Executive Director||0.92yr||AU$42.50k||0.0015% |
|Independent Non-Executive Director||4.67yrs||AU$227.00k||0.0019% |
Experienced Board: GPTG.F's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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.
GPT Group's company bio, employee growth, exchange listings and data sources
- Name: GPT Group
- Ticker: GPTG.F
- Exchange: OTCPK
- Founded: 1971
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: AU$7.461b
- Listing Market Cap: AU$5.353b
- Shares outstanding: 1.95b
- Website: https://www.gpt.com.au
- GPT Group
- MLC Centre
- Level 51
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GPT||ASX (Australian Securities Exchange)||Yes||Stapled Securities||AU||AUD||Nov 1980|
|GPTG.F||OTCPK (Pink Sheets LLC)||Yes||Stapled Securities||US||USD||Nov 1980|
|46T||DB (Deutsche Boerse AG)||Yes||Stapled Securities||DE||EUR||Nov 1980|
|GPT||CHIA (Chi-X Australia)||Yes||Stapled Securities||AU||AUD||Nov 1980|
The GPT Group is one of Australia’s largest diversified property groups and a top 50 ASX listed company by market capitalisation. GPT owns and manages a $24.8 billion portfolio of retail, office and logist ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/10 00:14|
|End of Day Share Price||2020/07/29 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.