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Goodman Group

GMG.AXASX
Real Estate
REIT - Diversified
$26.08
$-0.05(-0.19%)
Australian Market is Open • 14:16

Goodman Group Fundamental Analysis

Goodman Group (GMG.AX) shows weak financial fundamentals with a PE ratio of 31.46, profit margin of 1.17%, and ROE of 7.19%. The company generates $1.4B in annual revenue with strong year-over-year growth of 14.82%.

Key Strengths

PEG Ratio-26.43
Current Ratio289.80

Areas of Concern

ROE7.19%
Operating Margin3.89%
We analyze GMG.AX's fundamental strength across five key dimensions.

The stock receives a Fundamental Health Score of 66.1/100 based on profitability, valuation, growth, and balance sheet metrics. The C+ grade reflects average fundamentals, with notable risks in certain areas.

Fundamental Health Score

C+
66.1/100

We analyze GMG.AX's fundamental strength across five key dimensions:

Efficiency Score

Weak

GMG.AX struggles to generate sufficient returns from assets.

ROA > 10%
5.58%

Valuation Score

Moderate

GMG.AX shows balanced valuation metrics.

PE < 25
31.46
PEG Ratio < 2
-26.43

Growth Score

Excellent

GMG.AX delivers strong and consistent growth momentum.

Revenue Growth > 5%
14.82%
EPS Growth > 10%
17.31%

Financial Health Score

Excellent

GMG.AX maintains a strong and stable balance sheet.

Debt/Equity < 1
0.18
Current Ratio > 1
289.80

Profitability Score

Weak

GMG.AX struggles to sustain strong margins.

ROE > 15%
7.19%
Net Margin ≥ 15%
1.17%
Positive Free Cash Flow
Yes

Key Financial Metrics

Is GMG.AX Expensive or Cheap?

P/E Ratio

GMG.AX trades at 31.46 times earnings. This suggests a premium valuation.

31.46

PEG Ratio

When adjusting for growth, GMG.AX's PEG of -26.43 indicates potential undervaluation.

-26.43

Price to Book

The market values Goodman Group at 2.24 times its book value. This may indicate undervaluation.

2.24

EV/EBITDA

Enterprise value stands at 25.00 times EBITDA. This signals the market has high growth expectations.

25.00

How Well Does GMG.AX Make Money?

Net Profit Margin

For every $100 in sales, Goodman Group keeps $1.17 as profit after all expenses.

1.17%

Operating Margin

Core operations generate 3.89 in profit for every $100 in revenue, before interest and taxes.

3.89%

ROE

Management delivers $7.19 in profit for every $100 of shareholder equity.

7.19%

ROA

Goodman Group generates $5.58 in profit for every $100 in assets, demonstrating efficient asset deployment.

5.58%

Following the Money - Real Cash Generation

Operating Cash Flow

Goodman Group generates strong operating cash flow of $1.21B, reflecting robust business health.

$1.21B

Free Cash Flow

Goodman Group generates strong free cash flow of $1.17B, providing ample flexibility for dividends, buybacks, or growth.

$1.17B

FCF Per Share

Each share generates $0.57 in free cash annually.

$0.57

FCF Yield

GMG.AX converts 2.19% of its market value into free cash.

2.19%

Financial Ratios Analysis

Valuation Ratios

P/E Ratio

Price to earnings ratio

31.46

vs 25 benchmark

PEG Ratio

Price/earnings to growth ratio

-26.43

vs 25 benchmark

P/B Ratio

Price to book value ratio

2.24

vs 25 benchmark

P/S Ratio

Price to sales ratio

37.01

vs 25 benchmark

Financial Health

Debt/Equity

Total debt to shareholders' equity

0.18

vs 25 benchmark

Current Ratio

Current assets to current liabilities

289.80

vs 25 benchmark

Efficiency Ratios

ROE

Return on equity percentage

0.07

vs 25 benchmark

ROA

Return on assets percentage

0.06

vs 25 benchmark

ROCE

Return on capital employed

0.002

vs 25 benchmark

How GMG.AX Stacks Against Its Sector Peers

MetricGMG.AX ValueSector AveragePerformance
P/E Ratio31.4622.50 Worse (Expensive)
ROE7.19%700.00% Weak
Net Margin117.38%-37372.00% (disorted) Strong
Debt/Equity0.18-20.81 (disorted) Distorted
Current Ratio289.801949.79 Strong Liquidity
ROA5.58%-1322.00% (disorted) Weak

GMG.AX outperforms its industry in 2 out of 6 key metrics, particularly excelling in Net Margin, but lagging in P/E Ratio.

Historical Growth Performance

5-Year Growth Trajectory

This section reviews Goodman Group's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.

Revenue CAGR

36.42%

Industry Style: Income, Inflation Hedge, REIT

High Growth

EPS CAGR

2.42%

Industry Style: Income, Inflation Hedge, REIT

Growing

FCF CAGR

-23.32%

Industry Style: Income, Inflation Hedge, REIT

Declining

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