GPT Group (GPT) - Research

$6.130 0.23 (3.62%)

GPT General Information +

ASX Code GPT
Website http://www.gpt.com.au
GICS Sub-Industry Diversified REITs
Market Cap ($M) 11,871
Current Price $6.130
Day High $6.240
Day Low $6.130
Last Close $6.360
Price Movement $0.23 ( 3.62% )
Prices as at 16:40, 27 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


GPT Group (GPT)
BUY
below
HOLD
up to
SELL
above
Current Price
$6.130 as at 16:40, 27 Jun 2019

Price at review
$6.130 on 21 Jun 19

Max Portfolio Weighting

Business Risk

Share Price Risk

GPT Related Research

GPT Company Overview

Business Description

GPT Group (GPT) is a property investment company. GPT is an active owner and manager of a diversified portfolio of Australian retail, office and logistics and business parks property assets. GPT also manages three funds, the GPT Wholesale Office Fund (GWOF), the GPT Wholesale Shopping Centre Fund (GWSCF) and the GPT Metro Office Fund (GMF)

GPT Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 643.63 33.19 1.70% 19.16 26.90 4.23% 0.0%
2019 F 611.23 32.63 2.60% 19.49 26.42 4.15% 0.0%
2018 A 574.60 31.80 3.50% 15.92 25.40 5.02% 0.0%

GPT Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Charter Hall (CHC) $5,310M -0.1708 -0.1448 0.3794 21.8098 25.5034 18.4885 2.79% 2.99% 3.83%
Growthpoint Properties Australia (GOZ) $3,115M 0.1620 -0.2086 0.0391 15.0334 18.9969 18.2828 5.18% 5.37% 5.44%
GPT Group (GPT) $12,356M 0.0173 -0.2662 0.0250 14.2506 19.4216 18.9486 3.99% 4.14% 4.26%
Mirvac Group (MGR) $12,711M 1.4331 -0.6090 0.0517 7.6327 19.5195 18.5608 3.38% 3.58% 3.78%
Stockland (SGP) $10,634M 0.0991 -0.0927 0.0034 11.4889 12.6633 12.6203 5.94% 6.19% 6.26%

GPT Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.72 16.30 1.14 0.00
Market 0.87 17.10 1.49 1.63
Sector 0.75 16.60 1.12 1.37

GPT Directors

Name Position Start Date
Mr Robert (Bob) William Johnston Managing Director, Chief Executive Officer 9 Sep 2015
Mr Gene Thomas Tilbrook Non-Executive Director 11 May 2010
Mr Swe Guan Lim Non-Executive Director 23 Mar 2015
Mr Angus McNaughton Non-Executive Director 1 Nov 2018
Ms Tracey Ann Horton Non-Executive Director 1 May 2019
Ms Michelle Ann Somerville Non-Executive Director 1 Dec 2015
Ms Vickki Anne McFadden Non-Executive Director, Non-Executive Chairman 1 Mar 2018

GPT Management

Name Position
Anastasia Clarke Chief Financial Officer
Mark Fookes Chief Operating Officer
James A Coyne Company Secretary,General Counsel
Lisa Bau Senior Legal Counsel,Company Secretary

GPT Substantial Shareholders

Holding Name
233,746,431 (12.95%) National Nominees Limited
183,628,450 (10.17%) Vanguard Investments Australia Ltd
163,118,343 (9.04%) BlackRock Investment Management (Australia) Limited (formerly Barclays Global Investors Australia)
106,158,896 (5.88%) State Street Corporation and subsidiaries

GPT Calendar of Events

Date Event
27 March 2020 Report (Annual)
10 February 2020 Report (Prelim)
10 February 2020 Report (Interim)
30 August 2019 Div Pay Date
12 August 2019 Report (Interim)
28 June 2019 Books Close

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