Growthpoint Properties Australia Ltd
ASX:GOZ

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Growthpoint Properties Australia Ltd
ASX:GOZ
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Price: 2.5 AUD 0.4% Market Closed
Market Cap: 1.9B AUD

Relative Value

The Relative Value of one GOZ stock under the Base Case scenario is 4.64 AUD. Compared to the current market price of 2.5 AUD, Growthpoint Properties Australia Ltd is Undervalued by 46%.

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.

GOZ Relative Value
Base Case
4.64 AUD
Undervaluation 46%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
71
vs Industry
35
Median 3Y
6.1
Median 5Y
7.5
Industry
3.7
Forward
6.6
vs History
vs Industry
Median 3Y
-6.6
Median 5Y
4
Industry
16.5
Forward
11.9
vs History
19
vs Industry
24
Median 3Y
12.6
Median 5Y
13.6
Industry
11.1
vs History
0
vs Industry
0
Median 3Y
7.5
Median 5Y
9.8
Industry
13
vs History
36
vs Industry
53
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9
vs History
87
vs Industry
30
Median 3Y
11.9
Median 5Y
12.9
Industry
6.6
Forward
12.3
vs History
82
vs Industry
42
Median 3Y
14.2
Median 5Y
15.5
Industry
12
vs History
41
vs Industry
35
Median 3Y
17.3
Median 5Y
17.3
Industry
15.8
Forward
14
vs History
41
vs Industry
40
Median 3Y
17.3
Median 5Y
17.3
Industry
18.9
Forward
14.4
vs History
6
vs Industry
18
Median 3Y
24.3
Median 5Y
24.3
Industry
18.5
vs History
6
vs Industry
22
Median 3Y
24.3
Median 5Y
24.3
Industry
20
vs History
53
vs Industry
44
Median 3Y
0.8
Median 5Y
0.8
Industry
0.7

Multiples Across Competitors

GOZ Competitors Multiples
Growthpoint Properties Australia Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Growthpoint Properties Australia Ltd
ASX:GOZ
1.9B AUD 5.8 -6.8 17.5 17.5
ZA
Growthpoint Properties Ltd
JSE:GRT
45.6B Zac 0 0 0 0
ZA
Redefine Properties Ltd
JSE:RDF
30.7B Zac 0 0 0 0
US
WP Carey Inc
NYSE:WPC
13.6B USD 8.5 31.8 16.3 27
ZA
Attacq Ltd
JSE:ATT
10B Zac 0 0 0 0
JP
KDX Realty Investment Corp
OTC:KDXRF
9.6B USD 17.5 27.6 36.2 45
AU
Stockland Corporation Ltd
ASX:SGP
12.9B AUD 4.2 28.7 25.2 25.2
FR
Gecina SA
PAR:GFC
7B EUR 10 22.5 23.1 23.6
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
7.5B Zac 0 0 0 0
US
STORE Capital Corp
LSE:0LA6
6.8B USD 7.7 21.4 14.6 23.3
ZA
Fairvest Ltd
JSE:FTA
6.8B Zac 0 0 0 0
P/E Multiple
Earnings Growth PEG
AU
Growthpoint Properties Australia Ltd
ASX:GOZ
Average P/E: 26.4
Negative Multiple: -6.8
N/A N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-65%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
2%
N/A
US
WP Carey Inc
NYSE:WPC
31.8
13%
2.4
ZA
A
Attacq Ltd
JSE:ATT
Not Available
-4%
N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
27.6
-13%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
28.7
44%
0.7
FR
Gecina SA
PAR:GFC
22.5
19%
1.2
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
9%
N/A
US
S
STORE Capital Corp
LSE:0LA6
21.4
10%
2.1
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Growthpoint Properties Australia Ltd
ASX:GOZ
Average EV/EBITDA: 22.2
17.5
4%
4.4
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
0%
N/A
US
WP Carey Inc
NYSE:WPC
16.3
8%
2
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
36.2
-1%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
25.2
17%
1.5
FR
Gecina SA
PAR:GFC
23.1
5%
4.6
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
0%
N/A
US
S
STORE Capital Corp
LSE:0LA6
14.6
15%
1
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Growthpoint Properties Australia Ltd
ASX:GOZ
Average EV/EBIT: 26.9
17.5
3%
5.8
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
5%
N/A
US
WP Carey Inc
NYSE:WPC
27
11%
2.5
ZA
A
Attacq Ltd
JSE:ATT
Not Available
4%
N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
45
N/A N/A
AU
Stockland Corporation Ltd
ASX:SGP
25.2
17%
1.5
FR
Gecina SA
PAR:GFC
23.6
12%
2
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available N/A N/A
US
S
STORE Capital Corp
LSE:0LA6
23.3
15%
1.6
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A