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. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 0/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Growthpoint Properties Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R13.04 |
| 52 Week High | R14.75 |
| 52 Week Low | R10.10 |
| Beta | 0.90 |
| 1 Month Change | -2.10% |
| 3 Month Change | -7.19% |
| 1 Year Change | 14.49% |
| 3 Year Change | -11.47% |
| 5 Year Change | -41.00% |
| Change since IPO | -54.64% |
Recent News & Updates
Recent updates
Why We Think Growthpoint Properties Limited's (JSE:GRT) CEO Compensation Is Not Excessive At All
Nov 19
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 01
What Can We Make Of Growthpoint Properties' (JSE:GRT) CEO Compensation?
Jan 05Shareholder Returns
| GRT | ZA REITs | ZA Market | |
|---|---|---|---|
| 7D | -2.0% | -2.1% | -2.0% |
| 1Y | 14.5% | 21.4% | 12.6% |
Return vs Industry: GRT underperformed the ZA REITs industry which returned 21.4% over the past year.
Return vs Market: GRT exceeded the ZA Market which returned 12.6% over the past year.
Price Volatility
| GRT volatility | |
|---|---|
| GRT Average Weekly Movement | 2.5% |
| REITs Industry Average Movement | 3.5% |
| Market Average Movement | 4.2% |
| 10% most volatile stocks in ZA Market | 8.7% |
| 10% least volatile stocks in ZA Market | 2.5% |
Stable Share Price: GRT has not had significant price volatility in the past 3 months compared to the ZA market.
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 | 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 | R44.17b |
| Earnings (TTM) | R1.27b |
| Revenue (TTM) | R14.40b |
34.8x
P/E Ratio3.1x
P/S RatioIs GRT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GRT income statement (TTM) | |
|---|---|
| Revenue | R14.40b |
| Cost of Revenue | R4.58b |
| Gross Profit | R9.82b |
| Other Expenses | R8.55b |
| Earnings | R1.27b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Mar 12, 2025
| Earnings per share (EPS) | 0.37 |
| Gross Margin | 68.20% |
| Net Profit Margin | 8.81% |
| Debt/Equity Ratio | 83.3% |
How did GRT perform over the long term?
See historical performance and comparisonDividends
9.0%
Current Dividend Yield117%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 00:19 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Growthpoint Properties Limited is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mahir Hamdulay | Absa Bank Limited |
| Francois Du Toit | Anchor Stockbrokers Proprietary Limited |
| Pranita Daya | Anchor Stockbrokers Proprietary Limited |