GRT Stock Overview
Growthpoint is a Real Estate Investment Trust (REIT) and is the largest South African listed property company which owns a property portfolio of 369 directly owned properties in South Africa valued at R64.1bn, 58 properties valued at R61.8bn through its 63.7% investment in Growthpoint Properties Australia Limited (GOZ), five properties valued at R8.5bn through a 62.4% investment in Capital & Regional Plc (C&R), a 50% interest in the properties of the V&A Waterfront, valued at R10.1bn, a 29.5% interest in the properties of Globalworth Real Estate Investment Limited (GWI), valued at R17.4bn, a 39.1% interest in the properties of Growthpoint Healthcare Property Holdings (RF) Limited (GHPH) valued at R3.7bn, a 14.3% interest in the properties of Growthpoint Student Accommodation Holdings (RF) Limited (GSAH) valued at R2.7bn and a 18.4% interest in the properties of Lango Real Estate Limited (Lango) valued at R2.1bn.
Snowflake Score | |
---|---|
Valuation | 0/6 |
Future Growth | 0/6 |
Past Performance | 1/6 |
Financial Health | 1/6 |
Dividends | 3/6 |
Growthpoint Properties Limited Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | R11.30 |
52 Week High | R13.68 |
52 Week Low | R9.14 |
Beta | 0.81 |
1 Month Change | -4.24% |
3 Month Change | -3.50% |
1 Year Change | -13.21% |
3 Year Change | -14.39% |
5 Year Change | -53.31% |
Change since IPO | -60.70% |
Recent News & Updates
Recent updates
Some Analysts Just Cut Their Growthpoint Properties Limited (JSE:GRT) Estimates
Nov 25Shareholders Will Probably Be Cautious Of Increasing Growthpoint Properties Limited's (JSE:GRT) CEO Compensation At The Moment
Nov 09Need To Know: The Consensus Just Cut Its Growthpoint Properties Limited (JSE:GRT) Estimates For 2021
Mar 23Would Shareholders Who Purchased Growthpoint Properties' (JSE:GRT) Stock Three Years Be Happy With The Share price Today?
Feb 28Are Insiders Selling Growthpoint Properties Limited (JSE:GRT) Stock?
Feb 01What Can We Make Of Growthpoint Properties' (JSE:GRT) CEO Compensation?
Jan 05Shareholder Returns
GRT | ZA REITs | ZA Market | |
---|---|---|---|
7D | 0.4% | -0.2% | 1.8% |
1Y | -13.2% | -0.4% | -3.1% |
Return vs Industry: GRT underperformed the ZA REITs industry which returned 0.1% over the past year.
Return vs Market: GRT underperformed the ZA Market which returned -3.2% over the past year.
Price Volatility
GRT volatility | |
---|---|
GRT Average Weekly Movement | 2.5% |
REITs Industry Average Movement | 3.1% |
Market Average Movement | 4.7% |
10% most volatile stocks in ZA Market | 10.7% |
10% least volatile stocks in ZA Market | 2.8% |
Stable Share Price: GRT has not had significant price volatility in the past 3 months.
Volatility Over Time: GRT's weekly volatility (3%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1987 | n/a | Leon Sasse | https://www.growthpoint.co.za |
Growthpoint is a Real Estate Investment Trust (REIT) and is the largest South African listed property company which owns a property portfolio of 369 directly owned properties in South Africa valued at R64.1bn, 58 properties valued at R61.8bn through its 63.7% investment in Growthpoint Properties Australia Limited (GOZ), five properties valued at R8.5bn through a 62.4% investment in Capital & Regional Plc (C&R), a 50% interest in the properties of the V&A Waterfront, valued at R10.1bn, a 29.5% interest in the properties of Globalworth Real Estate Investment Limited (GWI), valued at R17.4bn, a 39.1% interest in the properties of Growthpoint Healthcare Property Holdings (RF) Limited (GHPH) valued at R3.7bn, a 14.3% interest in the properties of Growthpoint Student Accommodation Holdings (RF) Limited (GSAH) valued at R2.7bn and a 18.4% interest in the properties of Lango Real Estate Limited (Lango) valued at R2.1bn.
Growthpoint Properties Limited Fundamentals Summary
GRT fundamental statistics | |
---|---|
Market cap | R38.27b |
Earnings (TTM) | R647.00m |
Revenue (TTM) | R14.01b |
59.1x
P/E Ratio2.7x
P/S RatioIs GRT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
GRT income statement (TTM) | |
---|---|
Revenue | R14.01b |
Cost of Revenue | R4.04b |
Gross Profit | R9.97b |
Other Expenses | R9.32b |
Earnings | R647.00m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Sep 11, 2024
Earnings per share (EPS) | 0.19 |
Gross Margin | 71.14% |
Net Profit Margin | 4.62% |
Debt/Equity Ratio | 80.6% |
How did GRT perform over the long term?
See historical performance and comparisonDividends
11.0%
Current Dividend Yield121%
Payout RatioDoes GRT pay a reliable dividends?
See GRT dividend history and benchmarksGrowthpoint Properties dividend dates | |
---|---|
Ex Dividend Date | Apr 10 2024 |
Dividend Pay Date | Apr 15 2024 |
Days until Ex dividend | 13 days |
Days until Dividend pay date | 18 days |
Does GRT pay a reliable dividends?
See GRT dividend history and benchmarks