Goodman Property Trust
NZX:GMT
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EV/EBITDA
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (25.3), the stock would be worth NZ$3.05 (63% upside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 15.5 | NZ$1.87 |
0%
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| 3-Year Average | 25.3 | NZ$3.05 |
+63%
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| 5-Year Average | 27 | NZ$3.26 |
+74%
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| Industry Average | 16.8 | NZ$2.03 |
+8%
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| Country Average | 18.3 | NZ$2.2 |
+18%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
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NZ$3.3B
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/ |
Oct 2025
NZ$204.6m
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= |
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NZ$3.3B
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/ |
Mar 2026
NZ$189m
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= |
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NZ$3.3B
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/ |
Mar 2027
NZ$156.1m
|
= |
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NZ$3.3B
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/ |
Mar 2028
NZ$168.3m
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= |
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Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| NZ |
G
|
Goodman Property Trust
NZX:GMT
|
2.9B NZD | 15.5 | 22.9 | |
| US |
|
Prologis Inc
NYSE:PLD
|
131.5B USD | 27.4 | 35.5 | |
| AU |
|
Goodman Group
ASX:GMG
|
56.6B AUD | 77.6 | 32.4 | |
| UK |
|
SEGRO PLC
LSE:SGRO
|
9.7B GBP | 27.1 | 17.5 | |
| SG |
|
ESR-REIT
OTC:CGIUF
|
12.8B USD | 61.3 | 2 892.7 | |
| SG |
|
Ascendas Real Estate Investment Trust
SGX:A17U
|
11.9B | 0 | 0 | |
| US |
|
Eastgroup Properties Inc
NYSE:EGP
|
10.7B USD | 24 | 41.3 | |
| US |
|
Rexford Industrial Realty Inc
NYSE:REXR
|
8.4B USD | 16.4 | 41.7 | |
| US |
|
First Industrial Realty Trust Inc
NYSE:FR
|
8.4B USD | 22.3 | 33.5 | |
| US |
|
Lineage Inc
NASDAQ:LINE
|
8.2B USD | 13.4 | -83.3 | |
| MX |
P
|
Prologis Property Mexico SA de CV
BMV:FIBRAPL14
|
138.6B MXN | 17.2 | 12.5 |
Market Distribution
| Min | 4.2 |
| 30th Percentile | 14.7 |
| Median | 18.3 |
| 70th Percentile | 28.5 |
| Max | 518.2 |
Other Multiples
Goodman Property Trust
Glance View
In the bustling realm of commercial real estate, Goodman Property Trust stands out as a significant player, crafting a narrative of growth and strategic foresight. This New Zealand-based entity primarily focuses on industrial and business space properties, positioning itself at the heart of supply chain and logistics channels. The trust's portfolio is a tapestry of high-quality assets that cater to regionally pivotal sectors such as warehouse and distribution centers. By leveraging locations near key infrastructure points, Goodman ensures that its properties align with the logistical demands of global commerce, thereby attracting a cadre of tenants from top-tier, blue-chip companies looking to streamline their operations. Goodman's business model pivots on developing, owning, and managing these strategic assets to garner steady rental income and achieve capital appreciation. The trust is adept at identifying and acquiring properties that not only promise immediate returns but also hold potential for long-term value enhancement through astute development and management strategies. This capability allows Goodman to operate with a resilient balance sheet, providing its investors with a reliable income stream as well as opportunities for growth. The interplay between robust asset management and a deep-seated understanding of market dynamics enables Goodman Property Trust to maintain a stronghold in the industrial property sector, ultimately transforming space into sustainable value for stakeholders.