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General Information

Generation Healthcare REIT
Health Care REITs

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$1.62 $1.61 $1.63 $1.61 $1.62 205075 $0.01 ( 0.31% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Current Broker Consensus Recommendation

Strong Buy

Company Overview

Business Description
Generation Healthcare REIT (GHC) is Australia’s ASX listed real estate investment trust that invests in healthcare property. The portfolio of ten properties includes hospitals, medical centres, laboratories and other purpose-built healthcare facilities. As at June 2014, the fund has total assets under management of $325 million, with investments located in Victoria, New South Wales and Queensland. The responsible entity of the fund is APN Funds Management Limited.
Strategy Analysis

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014 A 7.4 6.5 -15.3% 18.0 7.9 6.8% 0.0%
2013 A 6.0 7.7 194.6% 12.3 7.1 7.6% 0.0%
2012 A 2.0 2.6 -80.5% 28.6 6.4 8.6% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Arena REIT (ARF) $354M 0.8988 0.0000 0.0000 6.9351 0.0000 0.0000 5.65% 0.00% 0.00%
Generation Healthcare (GHC) $287M -0.1527 0.0000 0.0000 24.8844 0.0000 0.0000 4.89% 0.00% 0.00%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 3.00 25.00 1.53 0.00
Market 1.03 13.50 1.03 0.47
Sector 1.55 14.80 1.15 2.19


Name Position Start Date
Mr Michael Groth Alternate Director - Howard Ewan Brenchley, Chief Financial Officer 20/03/2014
Mr Howard Ewan Brenchley Chief Investment Officer, Executive Director 12/08/2011
Mr Michael Francis Johnstone Non-Executive Director 12/08/2011
Ms Jennifer Horrigan Non-Executive Director 30/04/2012
Mr Geoffrey Norman Brunsdon Non-Executive Director, Non-Executive Chairman 12/08/2011


Name Position
Miles Wentworth Chief Executive Officer
John Freemantle Company Secretary

Substantial Shareholders

Holding Name
42,498,580 (24.35%) APN Funds Management Limited
12,083,333 (6.92%) Stourton Properties Pty Ltd

Calendar of Events

Date Event
15 February 2016 Report (Interim)
25 September 2015 Report (Annual)
31 August 2015 Div Pay Date
20 August 2015 Report (Prelim)
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