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Goodman Group
ASX:GMG

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Goodman Group
ASX:GMG
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Price: 31.77 AUD 0.83% Market Closed
Updated: May 2, 2024

Relative Value

The Relative Value of one GMG stock under the Base Case scenario is 35.75 AUD. Compared to the current market price of 31.77 AUD, Goodman Group is Undervalued by 11%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

GMG Relative Value
Base Case
35.75 AUD
Undervaluation 11%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
1
vs Industry
3
Median 3Y
19.8
Median 5Y
17.8
Industry
3.6
Forward
21.4
vs History
1
vs Industry
1
Median 3Y
16.6
Median 5Y
16.4
Industry
15.9
Forward
29.5
vs History
11
vs Industry
5
Median 3Y
36.1
Median 5Y
31.5
Industry
10
vs History
20
vs Industry
7
Median 3Y
34.6
Median 5Y
28.9
Industry
12.1
vs History
1
vs Industry
8
Median 3Y
2.6
Median 5Y
2.4
Industry
0.8
vs History
1
vs Industry
4
Median 3Y
20.8
Median 5Y
18.8
Industry
6.7
Forward
22.1
vs History
1
vs Industry
7
Median 3Y
31.9
Median 5Y
29.8
Industry
11.6
vs History
4
vs Industry
4
Median 3Y
63.1
Median 5Y
56.4
Industry
15.6
Forward
27.8
vs History
4
vs Industry
5
Median 3Y
63.1
Median 5Y
56.4
Industry
18.6
Forward
27.8
vs History
11
vs Industry
8
Median 3Y
37.2
Median 5Y
33
Industry
17.1
vs History
11
vs Industry
10
Median 3Y
37.4
Median 5Y
33.2
Industry
18.9
vs History
3
vs Industry
4
Median 3Y
2.3
Median 5Y
2.1
Industry
0.7

Multiples Across Competitors

GMG Competitors Multiples
Goodman Group Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Goodman Group
ASX:GMG
60.3B AUD 29.9 248.5 87.6 87.6
US
Prologis Inc
NYSE:PLD
95.2B USD 11.6 29.7 21.8 38.9
US
Duke Realty Corp
NYSE:DRE
18.5B USD 16.7 19.6 33.3 61.1
UK
SEGRO PLC
LSE:SGRO
10.6B GBP 14.2 -42 29.3 29.6
SG
Ascendas Real Estate Investment Trust
SGX:A17U
11.4B 0 0 0 0
US
Rexford Industrial Realty Inc
NYSE:REXR
9.3B USD 11.3 40.6 21.9 39.7
US
Eastgroup Properties Inc
NYSE:EGP
7.5B USD 12.7 35 22.4 39.1
SG
Mapletree Logistics Trust
SGX:M44U
6.8B 0 0 0 0
SG
Mapletree Industrial Trust
SGX:ME8U
6.3B 0 0 0 0
US
Americold Realty Trust
NYSE:COLD
6.3B USD 2.4 -18.9 17.5 50.2
US
STAG Industrial Inc
NYSE:STAG
6.3B USD 9 32.9 17.3 37.6

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