Growthpoint Properties Australia (GOZ) AI Stock Analysis

• Market Cap: AU$1.89B
• Dividend Yield: 8.09%
• Average Volume (3M): 385.12K
• 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: 55
• Industry: REIT - Diversified
• EPS (TTM): -0.13
• Shares Outstanding: 754,302,800
• 10 Day Avg. Volume: 367,754
• 30 Day Avg. Volume: 385,120
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 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$2.54
• Price Target Upside: 1.20% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 60 Neutral
• Price Target: AU$2.50 ▼(-0.40% Downside)

Growthpoint Properties Australia shows resilience in financial management despite declining revenues and profitability pressures, as evidenced by positive free cash flow. The technical indicators are neutral, suggesting a lack of strong momentum. However, the negative P/E ratio indicates profitability challenges, balanced by a high dividend yield for income-seeking investors.

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 generates revenue primarily through leasing its portfolio of office and industrial properties to a wide array of tenants. Rental income constitutes the majority of its revenue streams, as the company enters into lease agreements with businesses occupying its properties. These leases typically involve long-term contracts, providing a stable and predictable income flow. Additionally, GOZ may engage in property development and enhancement activities, which can lead to capital gains when properties are sold or revalued. The company's earnings are further influenced by its ability to maintain high occupancy rates, effectively manage property expenses, and capitalize on favorable market conditions. Strategic partnerships with key tenants and stakeholders, as well as prudent financial management, also play a crucial role in enhancing its overall profitability.

Growthpoint Properties Australia Financial Statement Overview

Summary

Growthpoint Properties Australia faces challenges with declining revenues, negative net margins, and increased leverage. However, resilience is shown 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
EBITDA	245.40M	-206.90M	-166.20M	267.30M	218.80M	247.20M
Net Income	655.30M	-298.20M	-245.60M	459.20M	553.20M	272.10M
Balance Sheet
Total Assets	4.43B	4.76B	5.21B	5.50B	4.78B	4.50B
Cash, Cash Equivalents and Short-Term Investments	54.00M	42.20M	49.40M	49.20M	33.50M	42.70M
Total Debt	1.86B	2.03B	2.03B	1.84B	1.43B	1.55B
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: 2.51
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 2.51 is above the 20-day moving average (MA) of 2.42, above the 50-day MA of 2.41, and above the 200-day MA of 2.32, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 66.92 is Neutral, neither overbought nor oversold. The STOCH value of 88.14 is Negative, 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
Sector *	62 Neutral	AU$3.04B	9.11	-1.53%	5.10%	16.79%	44.03%
GOZ	60 Neutral	AU$1.89B	―	-10.45%	8.09%	2.70%	-8.39%
CTOUF	―	$6.72B	332.43	1.03%	1.83%	―	―
DEXSF	―	$5.09B	―	-9.22%	4.15%	―	―
GPTGF	―	$6.46B	―	-1.94%	5.01%	―	―
CLW	61 Neutral	AU$3.12B	26.57	3.57%	5.68%	-9.63%	―
ABG	54 Neutral	AU$1.09B	―	-6.24%	7.00%	―	―

Growthpoint Properties Australia Corporate Events

Growthpoint Properties Australia Announces Cessation of Securities

Growthpoint Properties Australia announced the cessation of 24,562 performance rights due to unmet conditions, effective June 30, 2025. This cessation may impact the company’s capital structure and reflects on the company’s operational adjustments, potentially affecting investor perceptions and stakeholder interests.

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 Announces Quotation of New Securities

Growthpoint Properties Australia has announced the quotation of 118,518 fully paid ordinary units stapled securities on the ASX, effective June 30, 2025. This move is part of the company’s strategy to enhance its capital structure and potentially improve liquidity, reflecting its ongoing efforts to strengthen its market position and deliver value to investors.

The most recent analyst rating on (AU:GOZ) stock is a Buy with a A$3.32 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 CFO to Step Down After 15 Years

Growthpoint Properties Australia announced that its Chief Financial Officer, Dion Andrews, will step down after 15 years of service, following the release of the company’s Financial Year 2025 results. During his tenure, Andrews significantly contributed to the company’s growth, expanding its portfolio from $744 million to $5.4 billion in assets under management. The company has engaged Spencer Stuart to find a new CFO to guide the next phase of growth, highlighting the importance of this transition in maintaining its strategic trajectory.

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 Announces Final FY25 Distribution

Growthpoint Properties Australia announced a final distribution of 9.1 cents per security for the six months ending June 30, 2025, totaling 20.3 cents per security for the fiscal year, aligning with its guidance. The company maintains its FY25 funds from operations guidance at no less than 23.0 cents per security. The announcement confirms the suspension of the Distribution Reinvestment Plan, reflecting Growthpoint’s strategic financial management and commitment to delivering value to its investors.

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 Announces New Distribution

Growthpoint Properties Australia has announced a new distribution of AUD 0.091 per fully paid ordinary/unit stapled security, with an ex-date of June 27, 2025, and a payment date set for August 29, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors and may influence its market positioning by reinforcing investor confidence in its financial stability.

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 Director Increases Stake

Growthpoint Properties Australia has announced a change in the director’s interest notice, with Director Panayiotis Theocharides acquiring an additional 15,000 ordinary fully paid stapled securities, bringing his total to 48,000. This on-market purchase reflects a strategic move by the director, potentially indicating confidence in the company’s future performance and stability, which could have positive implications for stakeholders and market perception.

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 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.