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Goodman Group (AU:GMG)
ASX:GMG
GMG Stock Chart & Stats
AU$25.71
AU$0.10(0.27%)
At close: 4:00 PM EST
AU$25.71
AU$0.10(0.27%)
Day’s Range― - ―
52-Week RangeAU$25.01 - AU$37.31
Previous CloseN/A
Volume1.81M
Average Volume (3M)3.83M
Market Cap
$52.57B
Enterprise ValueAU$53.83B
Total Cash (Recent Filing)$2.96B
Total Debt (Recent Filing)$4.22B
Price to Earnings (P/E)19.2
Beta1.45
Next Earnings
Aug 19, 2026EPS Estimate
0.71Next Dividend Ex-DateN/A
Dividend Yield1.02%
Share Statistics
EPS (TTM)0.58
Shares Outstanding2,044,793,100
10 Day Avg. Volume3,957,829
30 Day Avg. Volume3,826,034
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)2.90
Price to Sales (P/S)30.65
P/FCF Ratio70.96
Enterprise Value/Market Cap1.02
Enterprise Value/Revenue37.36
Enterprise Value/Gross Profit60.41
Enterprise Value/Ebitda25.85
Forecast
1Y Price Target
$36.18Price Target Upside40.71% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)1.3
Revenue Forecast (FY)$3.15B
Bulls Say, Bears Say
Bulls Say
Low Leverage And Strong LiquidityA very low gearing ratio and $5.2bn of cash/undrawn facilities provide long‑lasting financial flexibility. This reduces refinancing risk, supports funding of multi‑year developments and partnerships, and underpins the group's ability to pursue growth without stressing the balance sheet over the next several quarters.
Expanding Development Pipeline (WIP)A ~25% pipeline expansion and large data‑center WIP represent durable revenue and profit potential as projects convert to completions and leasing. Given long project horizons, this WIP supports multi‑period development income, asset recycling opportunities and future fee generation for funds management.
Scale Via Capital Partnerships And AUMLarge strategic JVs and substantial external AUM expand development capacity while transferring capital risk to partners. This model sustainably grows fee income, enables capital recycling, and lets Goodman scale high‑capex data center and logistics builds without proportionate balance‑sheet commitment.
Bears Say
Volatile Transactional And Performance FeesA meaningful drop in transactional/performance income demonstrates that fee revenue can be lumpy and cyclical. Reliance on these earnings can create volatility in reported profits and cash generation, weakening predictability of recurring earnings and funds management cashflows over the medium term.
Low Pre‑leasing On Many Data Center WIPSubstantial uncommitted data center capacity raises leasing conversion risk and delays income recognition. Long lead times amplify market and tenant risk, potentially pressuring returns on recent WIP and requiring additional capital or incentives to secure tenants over the coming 2–6 months.
Weaker Cash Conversion And Negative FCF GrowthNegative FCF growth and sub‑par cash conversion indicate earnings are not fully translating into cash. This constrains internal funding for development, raises reliance on partner capital or external borrowing, and could limit dividend or buyback flexibility if trends persist across reporting periods.
Goodman Group News
GMG FAQ
What was Goodman Group’s price range in the past 12 months?
Goodman Group lowest share price was AU$25.01 and its highest was AU$37.31 in the past 12 months.
What is Goodman Group’s market cap?
Goodman Group’s market cap is $52.57B.
When is Goodman Group’s upcoming earnings report date?
Goodman Group’s upcoming earnings report date is Aug 19, 2026 which is in 157 days.
How were Goodman Group’s earnings last quarter?
Goodman Group released its earnings results on Feb 18, 2026. The company reported AU$0.585 earnings per share for the quarter, beating the consensus estimate of AU$0.543 by AU$0.042.
Is Goodman Group overvalued?
According to Wall Street analysts Goodman Group’s price is currently Undervalued.
Does Goodman Group pay dividends?
Goodman Group pays a Semiannually dividend of AU$0.15 which represents an annual dividend yield of 1.02%. See more information on Goodman Group dividends here
What is Goodman Group’s EPS estimate?
Goodman Group’s EPS estimate is 0.71.
How many shares outstanding does Goodman Group have?
Goodman Group has 2,044,793,100 shares outstanding.
What happened to Goodman Group’s price movement after its last earnings report?
Goodman Group reported an EPS of AU$0.585 in its last earnings report, beating expectations of AU$0.543. Following the earnings report the stock price went down -3.961%.
Which hedge fund is a major shareholder of Goodman Group?
Currently, no hedge funds are holding shares in AU:GMG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Goodman Group Stock Smart Score
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$36.18 (40.71% Upside)
$36.18 (40.71% Upside)
Blogger Sentiment
Bearish
AU:GMG Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth $39.6K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.93%
12-Months-Change
Fundamentals
Return on Equity
7.99%
Trailing 12-Months
Asset Growth
29.85%
Trailing 12-Months
Company Description
Goodman Group
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Continental Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally. Goodman's global property expertise, integrated own+develop+manage customer service offering and significant investment management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long-term returns for investors.
GMG Company Deck
GMG Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated strong operational and strategic progress — including $1.2 billion operating profit, an expanded power bank, growing WIP (to ~$18bn), major development partnerships, low gearing and healthy liquidity — positioning Goodman to capture data center and logistics demand. Key challenges include a material drop in transactional/performance management income, FX and hedging volatility, lower near-term development completions and limited pre-leasing on many data center projects. Management emphasized a disciplined partnering approach, maintained EPS growth guidance (9% target for FY26) and confidence in funding and delivery, suggesting positives outweigh the near-term headwinds.View all AU:GMG earnings summariesGMG Stock 12 Month Forecast
Average Price Target
AU$36.18
▲(40.71% Upside)
Technical Analysis
Options Prices
Currently, No data available
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