$7.07

0.06 (0.84%)

14 Apr 2016
Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Locked Recommendation

Analysis

Overview

Current recommendation Preview
12 month range
Maximum portfolio weighting
Business risk Low-Medium
Share price risk Medium

General Information

Goodman Group
GMG
http://www.goodman.com
Industrial Real Estate Investment Trusts
12,573
1,778

Current Price Data+

Current Price $7.070
Open $7.100
High $7.130
Low $7.030
Last Close $7.130
Volume 5938201
Price Movement $0.06 ( 0.84% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Stock Price

Current Broker Consensus Recommendation

Hold
25 May 2016
2

Company Overview

Business Description

Goodman Group (GMG) is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil. GMG comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited. GMG operates four divisions namely Property Investment, Fund Management, Property Services and Property Development.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2017 F 763.8 41.5 5.9% 17.2 25.0 3.5% 0.0%
2016 F 710.8 39.2 6.2% 18.2 24.0 3.4% 0.0%
2015 A 657.6 36.9 7.6% 15.8 22.2 3.8% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2015 A 2016 F 2017 F 2015 A 2016 F 2017 F 2015 A 2016 F 2017 F
BWP Trust (BWP) $2,351M 0.0612 0.0496 0.0215 22.9755 21.8900 21.4286 4.33% 4.57% 4.67%
Goodman Gp (GMG) $12,679M 0.0589 0.0947 0.0501 19.6365 17.9371 17.0819 3.11% 3.37% 3.52%
Industria REIT (IDR) $260M 0.6893 0.0000 0.0000 10.1296 0.0000 0.0000 7.68% 0.00% 0.00%
360 Captial (TIX) $579M -0.1221 0.0000 0.0000 15.1920 0.0000 0.0000 7.69% 0.00% 0.00%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 2.27 17.90 1.76 2.48
Market 1.02 16.40 1.32 1.69
Sector 1.56 15.80 1.19 2.44

Directors

Name Position Start Date
Mr Gregory (Greg) Goodman Chief Executive Officer, Executive Director 7 Aug 1998
Mr Anthony Rozic Deputy Chief Executive Officer, Executive Director 1 Jan 2013
Mr Danny Peeters Executive Director 1 Jan 2013
Mr Philip Pearce Executive Director, Managing Director, Greater China 1 Jan 2013
Mr Ian Douglas Ferrier Non-Executive Chairman 1 Sep 2003
Mr Philip (Phil) Pryke Non-Executive Director 13 Oct 2010
Ms Anne Jillian Keating Non-Executive Director 23 Feb 2005
Mr John Beresford Harkness Non-Executive Director 23 Feb 2005
Mr James Christopher Sloman Non-Executive Director 1 Feb 2006
Ms Rebecca Joy McGrath Non-Executive Director 3 Apr 2012
Mr Philip Fan Non-Executive Director 1 Dec 2011

Management

Name Position
Paul Mcgarry Chief Executive Officer, Japan
John Dakin Chief Executive Officer, New Zealand
Carl Bicego Company Secretary
Jason Little General Manager, Australia
Luc Lafontan Group Chief Information Officer
Nick Vrondas Group Chief Operating Officer
Michael O'Sullivan Group Corporate
Carolyn Scobie Group General Counsel
John Taylor Group General Manager Human Resources
Alison Brink Group General Manager, Marketing and Communications
Nick Kurtis Group Head of Equities
James Inwood Group Head of Funds Management
Philip Pearce Managing Director, Greater China

Substantial Shareholders

Holding Name
168,462,083 (9.52%) Leader Investment Corporation and China Investment Corporation
106,113,876 (5.99%) State Street Corporation and subsidiaries
103,955,559 (5.87%) BlackRock Investment Management (Australia) Limited (formerly Barclays Global Investors Australia)
102,759,342 (5.81%) Vanguard Investments Australia Ltd
87,927,845 (4.97%) AMP Limited and its related bodies corporate

Calendar of Events

Date Event
09 February 2017 Report (Interim)
26 September 2016 Report (Annual)
11 August 2016 Report (Prelim)
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