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 |
Growthpoint Properties Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R13.32 |
| 52 Week High | R14.75 |
| 52 Week Low | R10.05 |
| Beta | 0.87 |
| 11 Month Change | 0.38% |
| 3 Month Change | -0.30% |
| 1 Year Change | 29.82% |
| 33 Year Change | 0.83% |
| 5 Year Change | -41.58% |
| Change since IPO | -53.67% |
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 | 0.9% | 1.2% | -0.06% |
| 1Y | 29.8% | 30.7% | 14.8% |
Return vs Industry: GRT underperformed the ZA REITs industry which returned 30.9% over the past year.
Return vs Market: GRT exceeded the ZA Market which returned 14.1% over the past year.
Price Volatility
| GRT volatility | |
|---|---|
| GRT Average Weekly Movement | 2.7% |
| REITs Industry Average Movement | 3.3% |
| Market Average Movement | 4.4% |
| 10% most volatile stocks in ZA Market | 9.5% |
| 10% least volatile stocks in ZA Market | 2.6% |
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 | R45.11b |
| Earnings (TTM) | R1.27b |
| Revenue (TTM) | R14.40b |
35.6x
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
n/a
| 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 comparison