GDI Property Group (GDI) AI Stock Analysis

• Market Cap: AU$365.46M
• Dividend Yield: 7.35%
• Average Volume (3M): 599.02K
• Price to Earnings (P/E): 17.2
• Beta (1Y): 0.53
• Revenue Growth: 20.75%
• EPS Growth: 307.22%
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 65
• Industry: REIT - Office
• EPS (TTM): 0.04
• Shares Outstanding: 537,445,740
• 10 Day Avg. Volume: 412,450
• 30 Day Avg. Volume: 599,018
• PEG Ratio: -1.23
• Price to Book (P/B): 15.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -71.80
• 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: 2

GDI Property Group's overall score is influenced predominantly by its stable financial position and positive short-term price trends. The company's financial performance is challenged by declining net income and cash flow issues, which weigh down its score. The stock's fair valuation and attractive dividend yield contribute positively to its overall assessment.

GDI Property Group Business Overview & Revenue Model

Company Description

GDI Property Group (GDI) is a real estate investment trust (REIT) based in Australia, specializing in the ownership, management, and development of commercial properties. The company focuses primarily on the office and retail sectors, providing high-quality spaces in strategic urban locations. GDI is committed to delivering strong investment returns through proactive asset management and sustainable property development practices.

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

GDI Property Group shows a stable financial position with a strong asset base and manageable debt levels. However, challenges in profitability and cash flow conversion have impacted its financial performance. The positive revenue trend is countered by a decline in net income and cash flow issues that need to be addressed for long-term stability.

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: Positive
• Last Price: 0.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 Positive. The current price of 0.68 is above the 20-day moving average (MA) of 0.67, above the 50-day MA of 0.65, and above the 200-day MA of 0.61, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 56.41 is Neutral, neither overbought nor oversold. The STOCH value of 54.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GDI.

GDI Property Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CQR	73 Outperform	€2.24B	13.36	6.37%	6.97%	-7.70%	―
GDI	67 Neutral	AU$365.46M	17.22	3.21%	7.35%	20.75%	307.22%
SCG	64 Neutral	AU$18.88B	17.94	5.94%	4.84%	5.05%	500.30%
Sector *	60 Neutral	$2.82B	10.29	0.31%	8508.26%	5.91%	-17.42%
GPT	54 Neutral	$8.96B	―	-1.94%	5.27%	8.59%	16.36%
CHC	54 Neutral	$8.50B	293.31	1.03%	2.65%	-19.75%	―
GOZ	54 Neutral	AU$1.84B	―	-10.45%	8.54%	2.70%	-8.39%

GDI Property Group Corporate Events

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.

GDI Property Group Announces 2.5 Cents Per Security Distribution

GDI Property Group announced a distribution of 2.5 cents per security for the six-month period ending 31 December 2024, to be dispatched on 28 February 2025. This distribution includes a tax-deferred amount, with no fund payment or interest income component, which may impact non-resident securityholders differently than Australian residents.

GDI Property Group Unveils Strategic and Financial Updates

GDI Property Group has announced its strategic and financial updates, highlighting its focus on delivering value through its property portfolio and funds business. The announcement provides insights into the company’s market positioning, particularly within the Perth market, and its approach to managing debt and interest rates, although specific future projections are not detailed.

GDI Property Group Reports Strong Growth and Strategic Leasing Success

GDI Property Group reported robust financial results for the period ending December 31, 2024, with significant leasing activity and a 26% growth in Funds From Operations (FFO), primarily driven by a substantial 38% increase in Property FFO. The company achieved asset sales at premiums to valuations and maintained stable net tangible assets, while also announcing a cash distribution of 2.50 cents per security for the period. This performance underscores GDI’s strategic focus on leasing and asset value maximization, contributing to improved valuations of its key properties and a strong financial position with stable gearing ratios.

GDI Property Group Reports Strong Financial Growth in H2 2024

GDI Property Group reported significant financial growth for the half-year ending December 2024. The company saw a 20.3% increase in revenue from ordinary activities and a substantial 239.5% rise in net profit attributable to security holders compared to the previous year. The funds from operations also rose by 25.6%, indicating strong operational performance. This financial upturn reflects positively on GDI’s strategic positioning and operational efficiency, potentially enhancing stakeholder confidence.

GDI Property Group Finalizes Dividend Distribution Estimate

GDI Property Group has announced an update regarding its dividend distribution related to its fully paid ordinary units stapled securities. The estimated distribution, which pertains to the six-month period ending December 31, 2024, has now been determined, reflecting the company’s efforts to provide timely updates to its stakeholders.