Growthpoint Properties Australia (GOZ) AI Stock Analysis

• Market Cap: AU$1.88B
• Dividend Yield: 8.37%
• Average Volume (3M): 549.91K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.92
• Revenue Growth: 2.70%
• EPS Growth: -8.39%
• Country: AU
• Employees: 62
• Sector: Real Estate
• Sector Strength: 63
• Industry: REIT - Diversified
• EPS (TTM): -0.37
• Shares Outstanding: 754,184,270
• 10 Day Avg. Volume: 415,336
• 30 Day Avg. Volume: 549,914
• PEG Ratio: -0.03
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 15.62
• 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$2.60
• Price Target Upside: 4.42% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: AU$2.50 ▲(0.40%Upside)

Growthpoint Properties Australia's stock score is driven by its robust technical indicators and a strong dividend yield, even as it faces financial performance challenges with declining revenues and negative earnings impacting valuation. The absence of recent earnings call data or significant corporate events leaves these aspects unaccounted for in the score.

Growthpoint Properties Australia Business Overview & Revenue Model

Company Description

Growthpoint Properties Australia (GOZ) is a prominent real estate investment trust (REIT) that focuses on owning, managing, and developing a diverse portfolio of industrial and office properties across Australia. The company aims to provide investors with a stable income stream and the potential for capital growth through strategic acquisition and management of high-quality property assets.

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
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
323.90M	321.70M	342.70M	311.50M	294.20M	292.70M
	Gross Profit
260.60M	266.50M	283.60M	260.30M	244.20M	241.30M
	EBIT
260.60M	228.00M	243.70M	263.20M	214.50M	242.90M
	EBITDA
245.40M	-206.90M	-166.20M	267.30M	218.80M	247.20M
	Net Income Common Stockholders
655.30M	-298.20M	-245.60M	459.20M	553.20M	272.10M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
54.00M	42.20M	49.40M	49.20M	33.50M	42.70M
	Total Assets
4.43B	4.76B	5.21B	5.50B	4.78B	4.50B
	Total Debt
1.86B	2.03B	2.03B	1.84B	1.43B	1.55B
	Net Debt
1.80B	1.99B	1.98B	1.80B	1.40B	1.51B
	Total Liabilities
2.00B	2.15B	2.16B	1.98B	1.56B	1.68B
	Stockholders Equity
2.43B	2.61B	3.05B	3.52B	3.22B	2.82B
Cash Flow		Free Cash Flow
114.90M	133.90M	173.30M	183.10M	151.60M	181.00M
	Operating Cash Flow
115.00M	133.90M	176.00M	183.40M	151.70M	181.20M
	Investing Cash Flow
223.60M	7.20M	-115.40M	-387.20M	83.10M	-148.70M
	Financing Cash Flow
-346.90M	-148.30M	-60.40M	219.50M	-244.00M	-20.00M

Growthpoint Properties Australia Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.49
• 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 2.49 is above the 20-day moving average (MA) of 2.45, above the 50-day MA of 2.35, and above the 200-day MA of 2.41, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 62.28 is Neutral, neither overbought nor oversold. The STOCH value of 62.50 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	74 Outperform	AU$2.33B	13.88	6.37%	6.72%	-7.70%	―
SCG	68 Neutral	AU$19.25B	18.34	5.94%	4.72%	5.05%	500.30%
GOZ	61 Neutral	AU$1.88B	―	-10.45%	8.37%	2.70%	-8.39%
Sector *	61 Neutral	$2.82B	10.89	0.42%	8438.96%	5.74%	-20.95%
DXS	58 Neutral	AU$7.51B	―	-9.22%	5.89%	0.32%	28.89%
MGR	55 Neutral	$9.15B	―	-6.29%	4.98%	22.66%	-3.80%
GPT	54 Neutral	$9.16B	―	-1.94%	5.14%	8.59%	16.36%

Growthpoint Properties Australia Corporate Events

Growthpoint Properties Australia Announces Director’s Interest Change

Growthpoint Properties Australia has announced a change in the director’s interest, with Ross William Lees acquiring 82,988 ordinary stapled securities through the vesting of sign-on award performance rights. This change reflects the company’s ongoing commitment to aligning director interests with shareholder value, potentially impacting investor confidence and market perception of the company’s governance practices.

The most recent analyst rating on (AU:GOZ) stock is a Hold with a A$2.70 price target. To see the full list of analyst forecasts on Growthpoint Properties Australia stock, see the AU:GOZ Stock Forecast page.

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.