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Growthpoint Properties JSE:GRT Stock Report

Last Price

R11.30

Market Cap

R38.3b

7D

0.4%

1Y

-13.2%

Updated

27 Mar, 2024

Data

Company Financials +

Growthpoint Properties Limited

JSE:GRT Stock Report

Market Cap: R38.3b

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.

GRT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends3/6

Growthpoint Properties Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Growthpoint Properties
Historical stock prices
Current Share PriceR11.30
52 Week HighR13.68
52 Week LowR9.14
Beta0.81
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 25
Some Analysts Just Cut Their Growthpoint Properties Limited (JSE:GRT) Estimates

Shareholders Will Probably Be Cautious Of Increasing Growthpoint Properties Limited's (JSE:GRT) CEO Compensation At The Moment

Nov 09
Shareholders Will Probably Be Cautious Of Increasing Growthpoint Properties Limited's (JSE:GRT) CEO Compensation At The Moment

Need To Know: The Consensus Just Cut Its Growthpoint Properties Limited (JSE:GRT) Estimates For 2021

Mar 23
Need To Know: The Consensus Just Cut Its Growthpoint Properties Limited (JSE:GRT) Estimates For 2021

Would Shareholders Who Purchased Growthpoint Properties' (JSE:GRT) Stock Three Years Be Happy With The Share price Today?

Feb 28
Would Shareholders Who Purchased Growthpoint Properties' (JSE:GRT) Stock Three Years Be Happy With The Share price Today?

Are Insiders Selling Growthpoint Properties Limited (JSE:GRT) Stock?

Feb 01
Are Insiders Selling Growthpoint Properties Limited (JSE:GRT) Stock?

What Can We Make Of Growthpoint Properties' (JSE:GRT) CEO Compensation?

Jan 05
What Can We Make Of Growthpoint Properties' (JSE:GRT) CEO Compensation?

Shareholder Returns

GRTZA REITsZA Market
7D0.4%-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

Is GRT's price volatile compared to industry and market?
GRT volatility
GRT Average Weekly Movement2.5%
REITs Industry Average Movement3.1%
Market Average Movement4.7%
10% most volatile stocks in ZA Market10.7%
10% least volatile stocks in ZA Market2.8%

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

FoundedEmployeesCEOWebsite
1987n/aLeon Sassehttps://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

How do Growthpoint Properties's earnings and revenue compare to its market cap?
GRT fundamental statistics
Market capR38.27b
Earnings (TTM)R647.00m
Revenue (TTM)R14.01b

59.1x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRT income statement (TTM)
RevenueR14.01b
Cost of RevenueR4.04b
Gross ProfitR9.97b
Other ExpensesR9.32b
EarningsR647.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Sep 11, 2024

Earnings per share (EPS)0.19
Gross Margin71.14%
Net Profit Margin4.62%
Debt/Equity Ratio80.6%

How did GRT perform over the long term?

See historical performance and comparison

Dividends

11.0%

Current Dividend Yield

121%

Payout Ratio

Does GRT pay a reliable dividends?

See GRT dividend history and benchmarks
When do you need to buy GRT by to receive an upcoming dividend?
Growthpoint Properties dividend dates
Ex Dividend DateApr 10 2024
Dividend Pay DateApr 15 2024
Days until Ex dividend13 days
Days until Dividend pay date18 days

Does GRT pay a reliable dividends?

See GRT dividend history and benchmarks
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