GDI Property Group (GDI) AI Stock Analysis

• Market Cap: AU$362.78M
• Dividend Yield: 7.41%
• Average Volume (3M): 448.88K
• Price to Earnings (P/E): 17.1
• Beta (1Y): 0.54
• Revenue Growth: 20.75%
• EPS Growth: 307.22%
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 72
• Industry: REIT - Office
• EPS (TTM): 0.03
• Shares Outstanding: 537,445,740
• 10 Day Avg. Volume: 542,894
• 30 Day Avg. Volume: 448,881
• PEG Ratio: -0.26
• Price to Book (P/B): 0.50
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 49.07
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.89
• Price Target Upside: 30.88% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: AU$1.00 ▲(47.06%Upside)

GDI Property Group's overall score is driven primarily by stable financials and strong technical indicators. However, profitability and cash flow challenges remain areas of concern. The attractive dividend yield enhances the valuation aspect, providing a solid investment case with caveats.

GDI Property Group Business Overview & Revenue Model

Company Description

GDI Property Group (GDI) is an ASX listed property owner and fund manager. We have a proud history of delivering strong returns to investors for over 25 years. Our Board and employees are passionate about property and about funds management. We aim to continue to grow the wealth of our investors, provide exceptional accommodation to our customers and be a highly respected brand in our community. Our success has been founded on a sound investment philosophy of buying well, managing well and selling well.

How the Company Makes Money

GDI Property Group generates revenue primarily through rental income from its portfolio of commercial properties. By leasing office and retail spaces to a diverse range of tenants, the company ensures a steady stream of income. Additionally, GDI may engage in property development and redevelopment activities, creating value by enhancing existing assets or developing new properties to meet market demand. The company may also strategically buy and sell properties, realizing gains from capital appreciation. Partnerships with financial institutions and other real estate entities may further support GDI's growth and revenue generation strategies.

GDI Property Group Financial Statement Overview

Summary

Despite a stable financial position and strong asset base, GDI Property Group faces profitability and cash flow conversion challenges. The positive revenue trend is overshadowed by declining net income and negative free cash flow, which need attention for long-term growth.

Income Statement

GDI Property Group's income statement shows a mixed performance. The gross profit margin stands at a healthy level, but the net profit margin has seen a sharp decline due to a significant drop in net income from the prior year. Revenue growth is positive, but the EBIT and EBITDA margins indicate some operational challenges affecting profitability.

Balance Sheet

The balance sheet reflects a stable financial position with a relatively low debt-to-equity ratio, suggesting manageable leverage. However, the return on equity has decreased, indicating less efficient use of equity capital compared to previous years. The equity ratio remains strong, underscoring the company's solid asset base.

Cash Flow

Cash flow analysis reveals some concerns, particularly with a negative free cash flow and a decline in operating cash flow. The free cash flow to net income ratio highlights challenges in converting profits into cash flow, which could impact future liquidity. However, the company has shown positive operating cash flow, which is a positive sign for covering short-term obligations.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
81.48M	69.06M	62.53M	44.20M	54.64M	69.87M
	Gross Profit
68.76M	44.71M	40.70M	23.98M	34.75M	51.21M
	EBIT
71.48M	34.83M	33.07M	7.24M	25.82M	42.92M
	EBITDA
56.62M	14.08M	32.47M	28.96M	37.62M	50.07M
	Net Income Common Stockholders
3.01M	2.63M	20.29M	48.13M	15.89M	67.10M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
15.06M	17.01M	8.23M	12.57M	11.19M	10.10M
	Total Assets
1.15B	1.15B	1.13B	1.06B	996.44M	968.52M
	Total Debt
394.07M	386.44M	345.03M	246.78M	209.41M	159.42M
	Net Debt
379.01M	369.43M	336.80M	234.21M	198.22M	149.32M
	Total Liabilities
420.26M	411.98M	364.05M	281.78M	235.73M	185.88M
	Stockholders Equity
24.69M	655.60M	685.07M	697.26M	696.56M	721.40M
Cash Flow		Free Cash Flow
-5.17M	-8.63M	7.00M	16.93M	24.72M	36.69M
	Operating Cash Flow
22.17M	22.54M	25.43M	32.10M	33.44M	46.20M
	Investing Cash Flow
-13.86M	-25.03M	-86.47M	-13.52M	-33.60M	-137.95M
	Financing Cash Flow
-2.15M	11.27M	56.70M	-17.20M	1.25M	83.07M

GDI Property Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GDI, the sentiment is Neutral. The current price of 0.68 is below the 20-day moving average (MA) of 0.69, above the 50-day MA of 0.67, and above the 200-day MA of 0.62, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 46.85 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:GDI.

GDI Property Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GDI	70 Outperform	AU$362.78M	17.09	3.21%	7.41%	20.75%	307.22%
Sector *	61 Neutral	$2.83B	10.91	0.42%	11.76%	5.94%	-21.26%
CTOUF		$6.00B	279.85	1.03%	1.58%	―	―
GPTGF		$6.28B	―	-1.94%	4.69%	―	―
STGPF		$12.15B	17.65	5.94%	4.61%	―	―
MQV		€1.34B	12.83	6.37%	6.66%	―	―
GOZ	61 Neutral	AU$1.87B	―	-10.45%	9.03%	2.70%	-8.39%

GDI Property Group Corporate Events

GDI Property Group Announces New Dividend Distribution

GDI Property Group has announced a new dividend distribution of AUD 0.025 per fully paid ordinary/unit stapled security. The dividend relates to a six-month period ending on June 30, 2025, with an ex-date of June 27, 2025, and a payment date set for August 29, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors and may impact its market positioning by reinforcing investor confidence.

The most recent analyst rating on (AU:GDI) stock is a Buy with a A$0.98 price target. To see the full list of analyst forecasts on GDI Property Group stock, see the AU:GDI Stock Forecast page.

GDI Property Group Finalizes Sale of Innaloo Property

GDI Property Group has announced the unconditional sale of 6 Sunray Drive, Innaloo, Perth, held by GDI No. 43 Property Trust. The settlement is set for June 19, 2025, and the Trust is expected to deliver a 9.0% annual internal rate of return. Although GDI does not hold units in the Trust, it will receive a disposal fee, highlighting a strategic move that could impact its financial positioning.

The most recent analyst rating on (AU:GDI) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on GDI Property Group stock, see the AU:GDI Stock Forecast page.

GDI Property Group Highlights Strategic Initiatives at Bell Potter Conference

GDI Property Group presented at the Bell Potter Emerging Leaders Conference, highlighting its strategic initiatives and market positioning. This presentation underscores GDI’s commitment to enhancing its visibility and influence within the property sector, potentially impacting stakeholders by reinforcing its leadership and growth prospects.

The most recent analyst rating on (AU:GDI) stock is a Buy with a A$0.98 price target. To see the full list of analyst forecasts on GDI Property Group stock, see the AU:GDI Stock Forecast page.

GDI Property Group Announces $163.75 Million Sale of Perth Property

GDI Property Group has announced the sale of 6 Sunray Drive, Innaloo, Perth, for $163.75 million. The property, owned by GDI No. 43 Property Trust, includes Perth’s only large format IKEA showroom. The sale is part of GDI’s asset management strategy, aimed at removing impediments to long-term tenure and releasing capital to investors. The sale is contingent on certain regulatory approvals and environmental reports, expected by June 2025, and is projected to deliver a 9.0% annual internal rate of return for the Trust.