Growthpoint Properties Australia (AU:GOZ)
ASX:GOZ
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Growthpoint Properties Australia
(Sydney:GOZ)
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Rating:53Neutral
Price Target:
AU$2.00
▼(-8.68% Downside)
Action:ReiteratedDate:10/31/25
Growthpoint Properties Australia's overall stock score is primarily impacted by its mixed financial performance, with strong revenue and gross profit margins offset by net losses and negative profit margins. Technical analysis shows mild bullish momentum, but valuation concerns arise from a negative P/E ratio. The high dividend yield is a positive factor for income-focused investors.
Positive Factors
High gross profit margin (78.7%)
A 78.7% gross margin reflects the structural economics of a leased commercial portfolio where rental revenue nets operating costs. High gross margins provide a durable buffer to absorb operating cost inflation, support distributable cash flow and underpin long‑term income generation.
Negative Factors
Negative net profit margin and net losses
Sustained net losses and negative net margins erode retained earnings and constrain the company's ability to fund growth or cushion distributions. Over months this undermines equity stability and may force asset sales, cost cuts, or higher reliance on external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross profit margin (78.7%)
A 78.7% gross margin reflects the structural economics of a leased commercial portfolio where rental revenue nets operating costs. High gross margins provide a durable buffer to absorb operating cost inflation, support distributable cash flow and underpin long‑term income generation.
Read all positive factors
Growthpoint Properties Australia (GOZ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$1.67B
Dividend Yield8.12%
Average Volume (3M)503.34K
Price to Earnings (P/E)7.3
Beta (1Y)0.62
Revenue Growth-0.81%
EPS GrowthN/A
CountryAU
Employees62
SectorReal Estate
Sector Strength53
IndustryREIT - Diversified
Share Statistics
EPS (TTM)0.08
Shares Outstanding754,302,800
10 Day Avg. Volume378,042
30 Day Avg. Volume503,344
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)0.75
Price to Sales (P/S)5.38
P/FCF Ratio15.67
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$2.52Price Target Upside15.07% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)0.21
Revenue Forecast (FY)AU$282.24M
Growthpoint Properties Australia Business Overview & Revenue Model
Company Description
Growthpoint provides spaces for people to thrive. For more than 10 years, we've been investing in high-quality industrial and office properties across Australia. Today, we own and manage 58 properties, valued at approximately $4.2 billion.4 We act...
How the Company Makes Money
GOZ primarily makes money by owning and operating commercial real estate and generating recurring income from tenants. The main revenue stream is rental income under lease agreements across its office and industrial/logistics portfolio, typically ...
Growthpoint Properties Australia Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
60
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 332.40M | 326.50M | 321.70M | 342.70M | 311.50M | 294.20M |
| Gross Profit | 254.10M | 256.80M | 266.50M | 283.60M | 260.30M | 244.20M |
| EBITDA | 193.00M | -41.50M | -206.90M | 247.90M | 267.30M | 218.80M |
| Net Income | 36.70M | -124.60M | -298.20M | -245.60M | 459.20M | 553.20M |
Balance Sheet | ||||||
| Total Assets | 4.47B | 4.33B | 4.76B | 5.21B | 5.50B | 4.78B |
| Cash, Cash Equivalents and Short-Term Investments | 75.70M | 49.90M | 42.20M | 49.40M | 49.20M | 33.50M |
| Total Debt | 2.13B | 1.86B | 2.03B | 2.03B | 1.84B | 1.43B |
| Total Liabilities | 2.12B | 1.99B | 2.15B | 2.16B | 1.98B | 1.56B |
| Stockholders Equity | 2.33B | 2.34B | 2.61B | 3.05B | 3.52B | 3.22B |
Cash Flow | ||||||
| Free Cash Flow | 126.70M | 112.10M | 133.90M | 173.30M | 183.10M | 151.60M |
| Operating Cash Flow | 128.90M | 112.10M | 133.90M | 176.00M | 183.40M | 151.70M |
| Investing Cash Flow | -108.70M | 255.70M | 7.20M | -115.40M | -387.20M | 83.10M |
| Financing Cash Flow | 1.50M | -360.10M | -148.30M | -60.40M | 219.50M | -244.00M |
Growthpoint Properties Australia Technical Analysis
Neutral
2.19
Price Trends
2.18
Positive
2.30
Negative
2.36
Negative
Market Momentum
>-0.01
Negative
56.07
Neutral
77.04
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GOZ, the sentiment is Neutral. The current price of 2.19 is above the 20-day moving average (MA) of 2.14, above the 50-day MA of 2.18, and below the 200-day MA of 2.36, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 56.07 is Neutral, neither overbought nor oversold. The STOCH value of 77.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:GOZ.
Growthpoint Properties Australia Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | AU$9.41B | 10.60 | 19.38% | 1.97% | 18.04% | 71.29% | |
69 Neutral | AU$9.04B | 10.58 | 7.84% | 4.41% | 3.78% | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
57 Neutral | AU$920.47M | 5.68 | 5.12% | 7.11% | 4.64% | ― | |
56 Neutral | AU$6.62B | 5.34 | 4.78% | 5.32% | -1.07% | ― | |
54 Neutral | AU$2.53B | 4.72 | 6.69% | 6.14% | 33.58% | ― | |
53 Neutral | AU$1.67B | 7.35 | 1.57% | 8.12% | -0.81% | ― |
* Real Estate Sector Average
AU:GOZ
Growthpoint Properties Australia
2.20
0.05
2.23%
AU:CHC
Charter Hall Group
19.89
3.37
20.38%
AU:DXS
Dexus
6.18
-0.94
-13.24%
AU:GPT
GPT Group
4.76
0.34
7.69%
AU:CLW
Charter Hall Long WALE REIT
3.50
-0.10
-2.86%
AU:ABG
Abacus Property Group
1.02
-0.05
-4.25%
Growthpoint Properties Australia Corporate Events
Growthpoint Properties Australia Reports Lapse of Performance Rights
Apr 2, 2026
Growthpoint Properties Australia has reported the cessation of 122,929 performance rights under its long-term incentive program, following the lapse of conditional rights that could not be satisfied. The reduction in potential equity issuance slig...
Growthpoint Director Increases Holding in Stapled Securities
Mar 16, 2026
Growthpoint Properties Australia has disclosed a change in the interests of director Estienne de Klerk, who has increased his holding of ordinary fully paid stapled securities through on‑market purchases. The director acquired 65,000 stapled...
Growthpoint flags 1H26 interim results focus on portfolio and strategy
Feb 25, 2026
Growthpoint Properties Australia has released a brief update tied to its 1H26 interim results, outlining a focus on financial performance, direct property portfolio management, funds management activities and its strategic priorities and outlook. ...
Growthpoint lifts guidance on record leasing and new funds platform growth
Feb 24, 2026
Growthpoint Properties Australia reported first-half 2026 funds from operations of $91.9 million and a statutory net profit of $62.6 million, reversing last year’s loss as property devaluations eased and net tangible assets held steady at $3...
Growthpoint lifts profit, trims payout as it expands property platform
Feb 24, 2026
Growthpoint Properties Australia reported a modest 0.7% rise in revenue to $169.1 million for the six months to 31 December 2025, with funds from operations up 3.5% to $91.9 million and a swing to a $62.6 million net profit from a $98.7 million lo...
Growthpoint details 1H26 distribution and tax components for foreign investors
Feb 23, 2026
Growthpoint Properties Australia has declared a distribution of 9.2 cents per stapled security for the half year to 31 December 2025, payable on 27 February 2026 to eligible securityholders, and has outlined the specific tax components relevant to...
Growthpoint Properties Australia Lapses 414,881 Performance Rights Under LTI Plan
Feb 4, 2026
Growthpoint Properties Australia has announced the cessation of 414,881 performance rights under its long-term incentive (LTI) plan after the conditions attached to these rights were not met or became incapable of being satisfied as at 30 January ...
Growthpoint Sets Out 2026 Financial and Governance Calendar
Feb 3, 2026
Growthpoint Properties Australia has outlined its key corporate and reporting dates for 2026, including the release of its FY26 half-year results and distribution payment in late February, full-year results in mid-August, the closing date for dire...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.