Growthpoint Properties Australia (GOZ) AI Stock Analysis

• Market Cap: AU$1.82B
• Dividend Yield: 8.62%
• Average Volume (3M): 473.22K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: 2.70%
• EPS Growth: -8.39%
• Country: AU
• Employees: 62
• Sector: Real Estate
• Sector Strength: 81
• Industry: REIT - Diversified
• EPS (TTM): -0.37
• Shares Outstanding: 754,101,300
• 10 Day Avg. Volume: 595,939
• 30 Day Avg. Volume: 473,220
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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$2.75
• Price Target Upside: 17.02% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

Growthpoint Properties Australia shows financial resilience through positive free cash flow despite declining revenues and profitability pressures. The technical analysis highlights a bearish trend, and the valuation is concerning due to the negative P/E ratio. However, the high dividend yield provides some investor appeal.

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 actively manage our portfolio. We invest in our existing properties, ensuring they meet our tenants' needs now and into the future. We are also focused on growing our property portfolio. We are committed to operating in a sustainable way and reducing our impact on the environment. Growthpoint is a real estate investment trust (REIT), listed on the ASX, and is part of the S&P/ASX 200. Moody's has issued us with an investment-grade rating of Baa2 for senior secured debt.

How the Company Makes Money

Growthpoint Properties Australia primarily generates revenue through rental income from its portfolio of industrial and office properties. The company leases its properties to a diverse range of tenants, ensuring a steady and predictable cash flow. Additionally, GOZ occasionally engages in property sales and development activities, which can contribute to its earnings. The company may also benefit from strategic partnerships and joint ventures with other real estate entities, enhancing its ability to acquire and manage properties effectively.

Growthpoint Properties Australia Financial Statement Overview

Summary

Growthpoint Properties Australia faces challenges with declining revenues and profitability pressures, as evidenced by negative net margins and increased leverage. However, the company demonstrates resilience through positive free cash flow and stable equity levels, suggesting adequate financial management amidst a challenging environment.

Income Statement

Growthpoint Properties Australia has demonstrated a declining revenue trend with a revenue decrease of 6.1% from 2023 to 2024. Both gross and net profit margins have been impacted, with the net profit margin turning negative due to the reported net loss. While the EBIT margin remains strong, the negative EBITDA is a concern, indicating potential operational challenges.

Balance Sheet

The company's debt-to-equity ratio has increased, reflecting higher leverage which may pose financial risks. However, stockholders' equity remains substantial, and the equity ratio is stable. The negative net income impacts the return on equity, which has turned negative, raising concerns about profitability.

Cash Flow

Despite a decline in operating cash flow, Growthpoint maintains a positive free cash flow, indicating good liquidity management. The free cash flow to net income ratio is not meaningful due to the negative net income, but the company has managed its cash flows effectively to maintain operational stability.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
321.70M	342.70M	311.50M	294.20M	292.70M
	Gross Profit
266.50M	283.60M	260.30M	244.20M	241.30M
	EBIT
228.00M	243.70M	263.20M	214.50M	242.90M
	EBITDA
-206.90M	-166.20M	267.30M	218.80M	247.20M
	Net Income Common Stockholders
-298.20M	-245.60M	459.20M	553.20M	272.10M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
42.20M	49.40M	49.20M	33.50M	42.70M
	Total Assets
4.76B	5.21B	5.50B	4.78B	4.50B
	Total Debt
2.03B	2.03B	1.84B	1.43B	1.55B
	Net Debt
1.99B	1.98B	1.80B	1.40B	1.51B
	Total Liabilities
2.15B	2.16B	1.98B	1.56B	1.68B
	Stockholders Equity
2.61B	3.05B	3.52B	3.22B	2.82B
Cash Flow		Free Cash Flow
133.90M	173.30M	183.10M	151.60M	181.00M
	Operating Cash Flow
133.90M	176.00M	183.40M	151.70M	181.20M
	Investing Cash Flow
7.20M	-115.40M	-387.20M	83.10M	-148.70M
	Financing Cash Flow
-148.30M	-60.40M	219.50M	-244.00M	-20.00M

Growthpoint Properties Australia Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.35
• 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:GOZ, the sentiment is Positive. The current price of 2.35 is above the 20-day moving average (MA) of 2.31, above the 50-day MA of 2.31, and below the 200-day MA of 2.39, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 67.35 is Neutral, neither overbought nor oversold. The STOCH value of 70.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GOZ.

Growthpoint Properties Australia Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CQR	73 Outperform	AU$2.27B	13.50	6.37%	6.85%	-7.70%	―
SCG	64 Neutral	$19.20B	18.24	5.94%	4.75%	5.05%	500.30%
Sector *	60 Neutral	$2.80B	11.09	0.20%	8508.36%	6.13%	-16.84%
GOZ	54 Neutral	AU$1.82B	―	-10.45%	8.62%	2.70%	-8.39%
GPT	54 Neutral	AU$9.29B	―	-1.94%	5.20%	8.59%	16.36%
MGR	54 Neutral	$9.19B	―	-6.29%	5.05%	22.66%	-3.80%
DXS	52 Neutral	$8.17B	―	-9.22%	5.62%	0.32%	28.89%

Growthpoint Properties Australia Corporate Events

Growthpoint Properties Australia Updates FY25 Guidance and Expands Logistics Portfolio

Growthpoint Properties Australia has updated its FY25 guidance, highlighting an increase in funds from operations to no less than 23.0 cents per security, up from the previous range of 22.3-23.1 cps. The company has expanded its logistics partnership with a $40 million asset purchase in Queensland and maintained high occupancy rates across its portfolio. The announcement reflects Growthpoint’s strategic capital management and its focus on sustainable growth, which is expected to positively impact its market positioning and stakeholder confidence.

Growthpoint Properties Showcases Sustainability at 2025 Barrenjoey Event

Growthpoint Properties Australia announced its participation in the 2025 Barrenjoey Emerging Property Companies Day, showcasing its commitment to sustainable real estate investment and management. The presentation highlights the company’s strategic focus on high-quality assets and its progress towards achieving a Net Zero Target, reinforcing its market position and potential positive implications for investors and stakeholders.

Growthpoint Properties Australia Announces Half-Year Distribution for Foreign Residents

Growthpoint Properties Australia announced a distribution of 11.2 cents per stapled security for the half-year ending December 31, 2024, to be paid to eligible foreign resident securityholders on February 28, 2025. This distribution includes a ‘fund payment’ amount of 13.6049 cents per stapled security, with specific tax components outlined for foreign residents. This announcement reflects Growthpoint’s ongoing financial operations and provides insights into its tax distribution strategy, impacting foreign resident stakeholders.

Growthpoint Properties Australia’s Strategic Property Portfolio Update for 1H25

Growthpoint Properties Australia’s 1H25 property compendium reveals a portfolio valued at $4.1 billion, with 83% of its properties located on the Eastern seaboard. The portfolio is diversified across office (65%) and industrial (35%) sectors, with key tenants including Woolworths, various government entities, and major corporations. The company maintains a weighted average lease expiry (WALE) of 6.0 years, indicating stable long-term income prospects. This strategic positioning and robust tenant mix underscore Growthpoint’s strength in the competitive real estate market, aiming to provide consistent returns for stakeholders.

Growthpoint Properties Australia Reports 1H25 Financial Results

Growthpoint Properties Australia, a company listed on the Australian Securities Exchange (ASX: GOZ), has announced its financial results for the first half of 2025. The announcement includes key information about the firm’s financial performance, priorities, and outlook, as well as insights into its direct portfolio and funds management activities. The company is also emphasizing its commitment to sustainability. This release can impact stakeholders by providing insights into the company’s operational strategy and market positioning.

Growthpoint Properties Australia Reports Strong 1H25 Results with Strategic Initiatives

Growthpoint Properties Australia reported its financial results for the first half of 2025, showcasing momentum in its funds management business and strategic capital initiatives. The company managed to add $288 million in new assets under management, reduced gearing, and maintained a strong occupancy rate of 94% with a 6.0-year weighted average lease expiry. Despite a statutory net loss due to devaluations, the company reaffirmed its full-year guidance and highlighted significant operational achievements such as the expansion of the Perth Regional Distribution Centre and establishment of new partnerships. Growthpoint’s sustainability efforts continued to show progress, with improvements in its GRESB score and increased GreenPower coverage, aligning with its Net Zero target for 2025.

Growthpoint Properties Reports Mixed Financial Results for H1 2025

Growthpoint Properties Australia announced its financial results for the six months ending December 31, 2024, indicating a slight increase in revenue to $168 million but a decrease in profit to $88.8 million. The company managed to reduce its net loss by 18% compared to the previous period, while distributions to security holders increased by 16.2%. Growthpoint gained control over several entities during the year, enhancing its portfolio. The interim distribution will be payable on February 28, 2025, but the Distribution Reinvestment Plan remains suspended.

Growthpoint Properties Australia Announces Key 2025 Dates

Growthpoint Properties Australia has announced key dates for 2025, including its half-year and full-year results announcements, distribution payment, director nominations closing, and annual general meeting. These dates are crucial for stakeholders to plan around as they reflect the company’s financial performance and governance activities, with any changes to be announced on the ASX.