Last update at 2025-03-14T05:10:00Z
World-Beating REIT’s Rally May Extend on AI Data Center Demand
Sun 16 Mar 25, 04:14 AMGoodman Group (GMGSF) (H1 2025) Earnings Call Highlights: Strong Financial Performance Amid ...
Wed 19 Feb 25, 01:00 PMGoodman Group shines among Australian property firms on data-centre push
Sun 29 Dec 24, 11:26 PMAustralia's Goodman Group plunges after report of $1.2 billion stock sell-down
Wed 04 Dec 24, 12:44 AM3 Stocks Possibly Trading Below Their Intrinsic Value By Up To 45.1%
Thu 29 Aug 24, 01:08 PMASX's August 2024 Top Stock Picks Estimated To Be Trading Below Fair Value
Thu 01 Aug 24, 07:05 PM20 Biggest Real Estate and Property Companies in Australia, 2024
Sun 12 May 24, 09:24 PMGoodman's digital infrastructure offering powers ahead with data centre expansion in Asia
Thu 25 Jan 24, 07:45 AMBreakdown | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
Income before tax | 1742.10M | 3738.10M | 2420.00M | 1617.10M | 1744.70M |
Minority interest | - | - | - | - | - |
Net income | 1559.90M | 3414.00M | 2311.90M | 1504.10M | 1504.10M |
Selling general administrative | 658.50M | 606.90M | 562.80M | 456.30M | 464.30M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 1302.30M | 1458.90M | 960.90M | 1001.40M | 946.00M |
Reconciled depreciation | 16.70M | 17.10M | 23.00M | 22.50M | 6.60M |
Ebit | 1999.80M | 3969.20M | 2439.40M | 1710.50M | 1840.20M |
Ebitda | 2016.50M | 3986.30M | 2462.40M | 1733.00M | 1846.80M |
Depreciation and amortization | 16.70M | 17.10M | 23.00M | 22.50M | 6.60M |
Non operating income net other | - | - | - | - | - |
Operating income | 1694.40M | 3614.50M | 2239.30M | 1597.00M | 1840.20M |
Other operating expenses | 29.10M | 128.60M | 514.20M | 105.60M | 1238.40M |
Interest expense | 257.70M | 231.10M | 19.40M | 93.40M | 95.50M |
Tax provision | 182.20M | 324.10M | 108.10M | 113.00M | 116.80M |
Interest income | 22.10M | 8.30M | 82.30M | 80.20M | 49.30M |
Net interest income | -235.60000M | -222.80000M | -9.00000M | -93.40000M | -56.00000M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 182.20M | 324.10M | 108.10M | 113.00M | 116.80M |
Total revenue | 1940.70M | 2047.50M | 1856.00M | 1481.20M | 1713.50M |
Total operating expenses | 675.20M | 624.00M | 585.80M | 478.80M | 470.90M |
Cost of revenue | 638.40M | 588.60M | 895.10M | 479.80M | 767.50M |
Total other income expense net | 1333.90M | 3108.90M | 2030.90M | 1152.20M | -95.50000M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 1559.90M | 3414.00M | 2311.90M | 1504.10M | 1627.90M |
Net income applicable to common shares | 1559.90M | 3414.00M | 2311.90M | 1504.10M | 1627.90M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
Total assets | 23904.20M | 24027.20M | 21432.40M | 16867.00M | 16138.20M |
Intangible assets | 104.80M | 111.80M | 109.80M | 107.40M | 110.70M |
Earning assets | - | - | - | - | - |
Other current assets | -2197.80000M | 72.90M | 77.60M | 80.90M | 25.70M |
Total liab | 6366.30M | 6002.40M | 5007.60M | 3705.50M | 4617.60M |
Total stockholder equity | 17537.90M | 18024.80M | 16424.80M | 13161.50M | 11520.60M |
Deferred long term liab | - | - | - | - | - |
Other current liab | -10.80000M | 1220.90M | 1219.70M | 960.90M | 1268.00M |
Common stock | 8343.60M | 8273.30M | 8206.10M | 8096.40M | 8031.70M |
Capital stock | 8343.60M | 8273.30M | 8206.10M | 8096.40M | 8031.70M |
Retained earnings | 8456.80M | 8976.90M | 7866.00M | 4930.30M | 3104.20M |
Other liab | - | - | - | - | - |
Good will | 724.70M | 738.30M | 685.60M | 715.20M | 735.10M |
Other assets | 76.10M | 2188.60M | 2235.10M | 1567.10M | 1052.40M |
Cash | 1785.30M | 1360.10M | 1056.00M | 920.40M | 1781.90M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 1410.00M | 1311.30M | 1296.10M | 1034.00M | 1342.80M |
Current deferred revenue | 572.80M | -605.30000M | -145.80000M | -11.90000M | -277.70000M |
Net debt | 1937.70M | 2000.50M | 1846.80M | 1233.90M | 1203.40M |
Short term debt | 10.80M | 12.30M | 145.80M | 11.90M | 277.70M |
Short long term debt | 1.70M | - | 133.30M | - | 260.10M |
Short long term debt total | 3723.00M | 3360.60M | 2902.80M | 2154.30M | 2985.30M |
Other stockholder equity | 0.00000M | -17250.20000M | -16072.10000M | -13026.70000M | -11135.90000M |
Property plant equipment | - | 71.70M | 61.40M | 54.60M | 50.90M |
Total current assets | 2488.90M | 2737.70M | 2350.20M | 1625.70M | 2805.80M |
Long term investments | 16098.00M | 16285.20M | 14393.20M | 10668.30M | 9373.80M |
Net tangible assets | - | - | - | - | - |
Short term investments | - | 99.80M | 133.30M | 134.10M | 292.50M |
Net receivables | 412.50M | 243.10M | 217.80M | 331.30M | 282.30M |
Long term debt | 3685.00M | 3292.90M | 2698.90M | 2060.30M | 2678.40M |
Inventory | 434.40M | 464.20M | 389.00M | 235.10M | 544.10M |
Accounts payable | 837.20M | 683.40M | 76.40M | 73.10M | 74.80M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 737.50M | 774.60M | 352.70M | 134.80M | 384.70M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | - | 8031.70M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 4211.10M | 4038.60M | 3807.00M | 3675.90M | 3051.40M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 21339.20M | 21289.50M | 19082.20M | 15241.30M | 13332.40M |
Capital lease obligations | 36.30M | 67.70M | 70.60M | 94.00M | 46.80M |
Long term debt total | - | 3348.30M | 2757.00M | 2142.40M | 2707.60M |
Breakdown | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
Investments | -716.00000M | -1001.50000M | -549.90000M | -306.40000M | -818.20000M |
Change to liabilities | - | - | - | - | - |
Total cashflows from investing activities | -716.00000M | -1001.50000M | -549.90000M | -306.40000M | -818.20000M |
Net borrowings | - | - | - | - | - |
Total cash from financing activities | -308.80000M | 299.70M | -1349.10000M | -660.90000M | -849.20000M |
Change to operating activities | - | - | - | - | - |
Net income | 1559.90M | 3414.00M | 2311.90M | 1504.10M | 1627.90M |
Change in cash | 304.10M | 135.60M | -872.40000M | 185.70M | -799.70000M |
Begin period cash flow | 1056.00M | 920.40M | 1792.80M | 1607.10M | 2406.80M |
End period cash flow | 1360.10M | 1056.00M | 920.40M | 1792.80M | 1607.10M |
Total cash from operating activities | 1284.20M | 841.00M | 1114.70M | 1156.90M | 827.50M |
Issuance of capital stock | 67.20M | 109.70M | 65.10M | - | - |
Depreciation | 16.70M | 17.10M | 23.00M | 22.50M | 6.60M |
Other cashflows from investing activities | -703.00000M | -995.60000M | -542.90000M | -303.90000M | -816.50000M |
Dividends paid | -562.10000M | -570.60000M | -551.40000M | -546.30000M | 528.70M |
Change to inventory | -27.50000M | -646.10000M | -29.90000M | -207.00000M | - |
Change to account receivables | 10.20M | 93.40M | -146.70000M | 259.20M | - |
Sale purchase of stock | 1029.30M | -28.00000M | -22.40000M | -19.10000M | 0.00000M |
Other cashflows from financing activities | -71.20000M | 1577.90M | 204.30M | -19.10000M | -28.60000M |
Change to netincome | - | - | - | - | - |
Capital expenditures | 13.00M | 5.90M | 7.00M | 2.50M | 1.70M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | -17.30000M | -552.70000M | -176.60000M | 52.20M | -271.80000M |
Stock based compensation | 286.00M | 257.60M | 268.80M | 164.00M | - |
Other non cash items | -292.40000M | -2590.10000M | -1220.20000M | -369.70000M | -1634.50000M |
Free cash flow | 1271.20M | 835.10M | 1107.70M | 1154.40M | 825.80M |
Sector: Real Estate Industry: Real Estate - Diversified
Company | Change (AUD) | Price (AUD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
GMG Goodman Group |
- -% | 30.81 | - | 25.25 | 21.74 | 3.30 | 34.72 | 2927.42 |
CHC Charter Hall Group |
- -% | 16.33 | - | 16.42 | 13.43 | 2.77 | 15.83 | 19.36 |
LLC Lendlease Group |
- -% | 6.03 | - | 12.18 | 0.46 | 0.82 | 0.86 | 111.46 |
LIC Lifestyle Communities Ltd |
- -% | 8.28 | 17.96 | 30.12 | 3.81 | 1.11 | 5.36 | 16.19 |
APZ Aspen Group Unit |
- -% | 2.56 | 9.88 | - | 5.20 | 1.13 | 7.20 | 8.99 |
Goodman Group is a global industrial property and digital infrastructure specialist group with operations in key consumer markets across Australia, New Zealand, Asia, Europe, the United Kingdom, and the Americas. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest property group on the Australian Securities Exchange (ASX: GMG), a top 20 entity by market capitalisation, and one of the largest listed specialist investment managers of industrial property globally. Goodman provides essential infrastructure for the digital economy by owning, developing, and managing high-quality sustainable properties that are close to consumers in key cities around the world. Our property portfolio includes logistics and distribution centres, warehouses, light industrial, multi-storey industrial, business parks and data centres. We take a long-term view, investing significantly alongside our capital partners in our investment management platform and concentrating our portfolio where we can create the most value for customers and investors.
The Hayesbery, Rosebery, NSW, Australia, 2018
Name | Title | Year Born |
---|---|---|
Mr. Gregory Leith Goodman | Group CEO & Director | 1963 |
Mr. Nick Vrondas | Group Chief Financial Officer | 1970 |
Mr. Michael O'Sullivan | Group Chief Risk Officer | 1967 |
Mr. Nicholas Kurtis | Group Head of Equities | 1975 |
Mr. Anthony Rozic BEcon, C.A., CA | Deputy Group CEO, CEO of North America & Director | 1969 |
Mr. Daniel Cornelius D. Peeters | Exec. Director of Corp. & Director | 1968 |
Mr. James R. Inwood | Head of Group Stakeholder Relations | 1972 |
Mr. Carl Bicego | Group Head of Legal & Company Sec. | 1970 |
Michelle Chaperon | Head of Group Corp. Communications | NA |
Ms. Alison Brink | Group Gen. Mang. of Marketing & Communications | 1969 |
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