$2.22

26 Mar 2014
Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Locked Recommendation

Analysis

Overview

Current recommendation Preview

General Information

Generation Healthcare REIT
GHC
http://www.generationreit.com.au
Health Care REITs
484
218

Current Price Data+

Current Price $2.220
Open $2.270
High $2.270
Low $2.220
Last Close $2.220
Volume 27061
Price Movement - ( No change )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Stock Price

Current Broker Consensus Recommendation

Strong Buy
29 Apr 2015

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 2015, the fund has total assets under management of $407 million, with investments located in Victoria, New South Wales and Queensland. The responsible entity of the fund is APN Funds Management Limited.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2015 A 13.4 7.4 14.6% 20.0 8.6 5.8% 0.0%
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%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2013 A 2014 F 2015 F 2013 A 2014 F 2015 F 2013 A 2014 F 2015 F
Arena REIT (ARF) $455M -0.5337 0.0000 0.0000 18.8100 0.0000 0.0000 5.10% 0.00% 0.00%
Generation Healthcare (GHC) $484M 0.1463 0.0000 0.0000 29.8387 0.0000 0.0000 3.86% 0.00% 0.00%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 3.00 29.80 1.82 0.00
Market 1.17 15.80 1.19 0.72
Sector 1.57 15.70 1.18 2.46

Directors

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

Management

Name Position
Miles Wentworth Chief Executive Officer
John Freemantle Company Secretary

Substantial Shareholders

Holding Name
44,284,249 (23.29%) APN Funds Management Limited
21,013,548 (11.05%) Hume Partners Pty Ltd
12,083,333 (6.92%) Stourton Properties Pty Ltd
11,084,564 (5.23%) Australia Unity Funds Management Limited

Calendar of Events

Date Event
16 February 2017 Report (Interim)
28 September 2016 Report (Annual)
22 August 2016 Report (Prelim)
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