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Goodman Property Trust
NZX:GMT

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Goodman Property Trust
NZX:GMT
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Price: 2.19 NZD Market Closed
Updated: May 14, 2024
Section:
 

Intrinsic Value

GMT price has not been updated for more than 2 years. This may indicate that the stock has been delisted.

Goodman Property Trust is a real estate investment trust that invests in industrial and business space property in New Zealand. [ Read More ]

The intrinsic value of one GMT stock under the Base Case scenario is 2.11 NZD. Compared to the current market price of 2.19 NZD, Goodman Property Trust is Overvalued by 4%.

Key Points:
GMT Intrinsic Value
Base Case
2.11 NZD
Overvaluation 4%
Intrinsic Value
Price
G
Worst Case
Base Case
Best Case
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Fundamental Analysis

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Goodman Property Trust

What unique competitive advantages
does Goodman Property Trust hold over its rivals?

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does Goodman Property Trust face in the near future?

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based on the latest financial data?

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of Goodman Property Trust.

Provide an overview of the primary business activities
of Goodman Property Trust.

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does Goodman Property Trust hold over its rivals?

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does Goodman Property Trust face in the near future?

Is it considered overvalued or undervalued
based on the latest financial data?

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for Goodman Property Trust made by professional analysts.

What are the Revenue projections
for Goodman Property Trust?

How accurate were the past Revenue estimates
for Goodman Property Trust?

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for Goodman Property Trust?

How accurate were the past Net Income estimates
for Goodman Property Trust?

What are the EPS projections
for Goodman Property Trust?

How accurate were the past EPS estimates
for Goodman Property Trust?

What are the EBIT projections
for Goodman Property Trust?

How accurate were the past EBIT estimates
for Goodman Property Trust?

Compare the revenue forecasts
for Goodman Property Trust with those of its competitors based on recent analyst estimates.

Compare the intrinsic valuations
of Goodman Property Trust and its key competitors using the latest financial data.

Compare historical revenue growth rates
of Goodman Property Trust against its competitors.

Analyze the profit margins
(gross, operating, and net) of Goodman Property Trust compared to its peers.

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of Goodman Property Trust against its peers.

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comparing Goodman Property Trust with its peers.

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of Goodman Property Trust compared to its main competitors.

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for Goodman Property Trust.

What is the historical Revenue growth
over the last 5 years for Goodman Property Trust?

What is the historical Net Income growth
over the last 5 years for Goodman Property Trust?

What is the current Free Cash Flow
of Goodman Property Trust?

Discuss the annual earnings per share (EPS)
trend over the past five years for Goodman Property Trust.

Popular Strategic Analysis Valuation Future Outlook Peer Analysis Profitability Solvency Financials
Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM
Revenue
Operating Income
Net Income
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Balance Sheet Decomposition
Goodman Property Trust

4.8B
Assets
1.5B
Liabilities
4.8B
Assets
1.5B
Liabilities
Current Assets 17.9m
Cash & Short-Term Investments 5.3m
Receivables 12.6m
Non-Current Assets 4.7B
Long-Term Investments 4.7B
Other Non-Current Assets 55.3m
Current Liabilities 154.3m
Accounts Payable 49.3m
Other Current Liabilities 105m
Non-Current Liabilities 1.4B
Long-Term Debt 1.3B
Other Non-Current Liabilities 42.6m
Efficiency

Earnings Waterfall
Goodman Property Trust

Revenue
228.7m NZD
Cost of Revenue
-39.8m NZD
Gross Profit
188.9m NZD
Operating Expenses
-21m NZD
Operating Income
167.9m NZD
Other Expenses
-507.6m NZD
Net Income
-339.7m NZD
Gross Margin
Operating Margin
Net Margin
FCF Margin
ROE
ROA
ROIC
ROCE

Free Cash Flow Analysis
Goodman Property Trust

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
Components
Chart
Table
Fundamental Scores

GMT Profitability Score
Profitability Due Diligence

Goodman Property Trust's profitability score is 60/100. The higher the profitability score, the more profitable the company is.

Positive Free Cash Flow
Positive Gross Profit
Positive Operating Income
Negative Net Income
60/100
Profitability
Score

Goodman Property Trust's profitability score is 60/100. The higher the profitability score, the more profitable the company is.

GMT Solvency Score
Solvency Due Diligence

Goodman Property Trust's solvency score is 31/100. The higher the solvency score, the more solvent the company is.

Long-Term Solvency
Low D/E
Low Altman Z-Score
Short-Term Solvency
31/100
Solvency
Score

Goodman Property Trust's solvency score is 31/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

GMT Price Targets Summary
Goodman Property Trust

Wall Street analysts forecast GMT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for GMT is 2.25 NZD with a low forecast of 2.02 NZD and a high forecast of 2.52 NZD.

GMT Lowest Forecast
Wall Street Target
2.02 NZD
8% Downside
GMT Average Forecast
Wall Street Target
2.25 NZD
3% Upside
GMT Highest Forecast
Wall Street Target
2.52 NZD
15% Upside
Lowest
Price Target
2.02 NZD
8% Downside
Average
Price Target
2.25 NZD
3% Upside
Highest
Price Target
2.52 NZD
15% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Shareholder Return

GMT Price
Goodman Property Trust

1M 1M
-4%
6M 6M
+5%
1Y 1Y
+2%
3Y 3Y
+4%
5Y 5Y
+38%
10Y 10Y
+209%
Annual Price Range
2.19
52w Low
1.97
52w High
2.29
Price Metrics
Average Annual Return 7.45%
Standard Deviation of Annual Returns 21.07%
Max Drawdown -27%
Shares Statistics
Market Capitalization 3.1B NZD
Shares Outstanding 1 403 250 048
Percentage of Shares Shorted
N/A

GMT Return Decomposition
Main factors of price return

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Company Profile

Goodman Property Trust

Country

New Zealand

Industry

Real Estate

Market Cap

3.1B NZD

Dividend Yield

2.83%

Description

Goodman Property Trust is a real estate investment trust that invests in industrial and business space property in New Zealand. GMT’s investment strategy is focused on the Auckland urban logistics market. Its portfolio of 11 estates includes over 150 individual warehouse and logistics facilities. Its largest estates are Highbrook Business Park in East Tamaki, M20 Business Park in Wiri, Savill Link in Otahuhu and The Gate Industry Park in Penrose. Goodman (NZ) Limited is the manager of the Trust.

Contact

AUCKLAND
Level 2, KPMG Centre 18 Viaduct, Harbour Avenue, PO Box 90940
+6493756060.0
https://nz.goodman.com/

IPO

1999-06-03

Employees

-

Officers

Chief Executive Officer
Mr. James Spence
Executive Director
Mr. John Morton Dakin
Chief Financial Officer
Mr. Andrew Jonathan Eakin
Director of Investment Management & Capital Transactions
Ms. Kimberley Richards
General Counsel & Company Secretary
Mr. Anton Shead
Marketing Director
Ms. Mandy Waldin
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Human Resources Business Partner
Sophie Bowden
Head of Corporate Affairs
Mr. Jonathan Simpson
Head of Asia
Mr. Paul William McGarry
Chief Executive Officer of Japan
Mr. Angus Brooks
Show Less

See Also

Summary
GMT intrinsic value, competitors valuation, and company profile.
DCF Valuation
GMT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
GMT stock valuation using valuation multiples.
Wall Street Estimates
GMT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
GMT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
What is the Intrinsic Value of one GMT stock?

The intrinsic value of one GMT stock under the Base Case scenario is 2.11 NZD.

Is GMT stock undervalued or overvalued?

Compared to the current market price of 2.19 NZD, Goodman Property Trust is Overvalued by 4%.

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