tiprankstipranks
Trending News
More News >
GPT Group (AU:GPT)
:GPT

GPT Group (GPT) AI Stock Analysis

Compare
36 Followers

Top Page

AU

GPT Group

(OTC:GPT)

Rating:54Neutral
Price Target:
GPT Group's stock score reflects the company's mixed financial performance, characterized by strong revenue and cash flow growth but hindered by ongoing net losses. The technical indicators suggest stable short-term trading conditions, while the valuation is impacted by negative earnings but supported by a strong dividend yield. The absence of earnings call data and notable corporate events limits additional insight.
Positive Factors
Funds Management
Funds Management provides the positive beta, supporting the analyst's recommendation.
Product Interest
Interest in the product remains strong with recent secondaries trading close to NAV.
Negative Factors
Leasing Capital
Leasing capital increased to A$146m in 2024, but the bad news is, 2H2024 figure of A$90m should be considered as the run-rate, so potentially costing GPT c.A$180m in 2025.

GPT Group (GPT) vs. iShares MSCI Australia ETF (EWA)

GPT Group Business Overview & Revenue Model

Company DescriptionThe GPT Group is one of Australia's largest diversified property groups and a top 50 ASX listed company by market capitalisation. GPT owns and manages a $25.3 billion portfolio of retail, office and logistics property assets across Australia. The Group has a substantial investor base with more than 32,000 shareholders.
How the Company Makes MoneyGPT Group generates revenue primarily through rental income from its extensive portfolio of properties. This includes leasing retail spaces in shopping centers, office spaces in urban business districts, and logistics and industrial spaces situated in strategic locations. Additionally, GPT earns revenue from property development activities, which involve the creation and sale or leasing of new properties. The company also benefits from property management fees and the strategic enhancement and refurbishment of existing assets to increase their value and rental income potential. Significant partnerships with retail and corporate tenants, as well as ongoing investment in property development and acquisition, are key factors contributing to GPT's earnings.

GPT Group Financial Statement Overview

Summary
GPT Group displays a mixed financial performance. While revenue growth and cash flow management are strong, ongoing net losses and operational inefficiencies pose significant risks. The balance sheet remains solid, but the company needs to address profitability to ensure long-term sustainability.
Income Statement
56
Neutral
GPT Group's revenue growth has shown a positive trend, increasing from 2023 to 2024 by 9.82%. However, the net income has been negative for two consecutive years, with a net loss of $200.7 million in 2024, indicating profitability issues. The gross profit margin stands at 65.43% for 2024, which is strong, but the absence of positive EBIT and a negative EBITDA margin highlight operational challenges.
Balance Sheet
65
Positive
GPT Group maintains a stable equity position with an equity ratio of 64.68% in 2024, suggesting a strong capital structure. The debt-to-equity ratio is 0.48, indicating moderate leverage. However, the declining stockholders' equity over the past few years could pose a future risk if not addressed.
Cash Flow
72
Positive
The company has shown substantial free cash flow growth from 2023 to 2024, with a 47.24% increase. Despite a lack of operating cash flow in 2024, the positive free cash flow is a positive indicator for liquidity. The free cash flow to net income ratio is favorable, demonstrating effective cash management despite ongoing net losses.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
988.70M900.10M802.20M795.30M718.20M
Gross Profit
589.70M560.50M498.10M486.70M495.60M
EBIT
564.70M550.70M481.70M401.10M423.50M
EBITDA
29.00M-18.00M514.00M426.40M376.20M
Net Income Common Stockholders
-200.70M-240.00M469.30M1.42B-213.20M
Balance SheetCash, Cash Equivalents and Short-Term Investments
72.20M67.90M60.20M61.50M372.50M
Total Assets
15.63B16.28B17.32B17.18B15.35B
Total Debt
4.87B4.83B5.10B5.19B4.14B
Net Debt
4.79B4.76B5.04B5.13B3.77B
Total Liabilities
5.52B5.51B5.84B5.51B4.47B
Stockholders Equity
10.11B10.77B11.48B11.67B10.88B
Cash FlowFree Cash Flow
602.20M408.90M273.80M307.90M145.90M
Operating Cash Flow
604.00M586.00M564.40M520.40M485.30M
Investing Cash Flow
68.20M206.10M-245.80M-1.23B51.40M
Financing Cash Flow
-667.90M-784.40M-319.90M394.70M-268.40M

GPT Group Technical Analysis

Technical Analysis Sentiment
Positive
Last Price4.96
Price Trends
50DMA
4.64
Positive
100DMA
4.59
Positive
200DMA
4.63
Positive
Market Momentum
MACD
0.07
Negative
RSI
65.53
Neutral
STOCH
76.02
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GPT, the sentiment is Positive. The current price of 4.96 is above the 20-day moving average (MA) of 4.78, above the 50-day MA of 4.64, and above the 200-day MA of 4.63, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 65.53 is Neutral, neither overbought nor oversold. The STOCH value of 76.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GPT.

GPT Group Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$2.85B10.990.40%6.10%5.75%-21.23%
AUGPT
54
Neutral
AU$9.50B-1.94%4.84%8.59%16.36%
$5.93B319.041.03%1.39%
$4.85B-9.22%3.24%
$45.20B67.865.14%0.86%
$8.79B29.574.54%2.71%
AUCLW
71
Outperform
AU$3.03B-5.75%5.87%-15.42%65.86%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:GPT
GPT Group
4.96
1.11
28.76%
CTOUF
Charter Hall Group
11.89
4.02
51.08%
DEXSF
Dexus
4.53
0.51
12.69%
GMGSF
Goodman Group
20.69
-2.76
-11.77%
STKAF
Stockland
3.53
0.75
26.98%
AU:CLW
Charter Hall Long WALE REIT
4.28
1.07
33.33%

GPT Group Corporate Events

GPT and QuadReal Launch $1 Billion Australian Logistics Partnership
May 15, 2025

GPT Group and QuadReal Property Group have announced a new joint venture, GPT QuadReal Logistics Trust 2, aimed at expanding their logistics investments in Australia. The partnership, seeded with $460 million in assets, plans to grow by an additional $500 million, focusing on core opportunities in major east coast markets. GPT will sell down assets to seed the partnership, retaining a 20% interest, while QuadReal commits $400 million for an 80% stake. This strategic move aligns with GPT’s growth strategy and strengthens its partnership with QuadReal, although it is not expected to materially impact GPT’s 2025 earnings.

The most recent analyst rating on (AU:GPT) stock is a Hold with a A$4.70 price target. To see the full list of analyst forecasts on GPT Group stock, see the AU:GPT Stock Forecast page.

GPT Group Issues Performance Rights to Boost Employee Incentives
May 5, 2025

GPT Group announced the issuance of 493,139 performance rights as part of an employee incentive scheme. These unquoted equity securities are not intended to be listed on the ASX, reflecting the company’s ongoing efforts to incentivize and retain talent, which could strengthen its operational capabilities and market position.

GPT Group’s 2025 AGM Confirms Leadership and Strategic Initiatives
May 1, 2025

The GPT Group held its 2025 Annual General Meeting on May 1, 2025, where several key resolutions were passed. Notably, the re-election of directors Anne Brennan and Tracey Horton was approved, along with the adoption of the remuneration report and the granting of performance rights to CEO Russell Proutt. These decisions reflect strong shareholder support and are expected to reinforce GPT’s strategic direction and leadership stability.

GPT Group’s Strategic Shift and Strong Performance in 2024
May 1, 2025

GPT Group has undergone significant strategic and structural changes in 2024, focusing on long-term growth and shareholder value. Under the leadership of CEO Russell Proutt, the company has shifted its strategy to co-investment, enhancing its capital mix and portfolio returns. Despite a volatile operating environment, GPT achieved its earnings and distribution guidance, with strong occupancy and income growth across its portfolios. The company also attained Carbon Neutral Certification for its assets and made significant changes to employee incentive schemes to align with value creation for securityholders.

GPT Group Announces Director’s Interest Change
Apr 1, 2025

GPT Group announced a change in the director’s interest notice for Shane Gannon, indicating an acquisition of 12,500 stapled securities, bringing his total to 40,000. This change reflects a strategic adjustment in the director’s investment, potentially impacting the company’s governance and stakeholder confidence.

GPT Group Updates Director’s Interest Notice
Mar 31, 2025

GPT Group has announced a change in the director’s interest notice for Russell Proutt, reflecting an acquisition of 274,717 rights. This update is part of the company’s compliance with ASX listing rules and highlights the ongoing adjustments in its executive management’s financial interests, which could influence stakeholder perceptions and the company’s strategic direction.

GPT Group Issues New Performance Rights to Employees
Mar 31, 2025

GPT Group has announced the issuance of 2,938,323 performance rights as part of an employee incentive scheme. These unquoted securities are intended to enhance employee engagement and align their interests with the company’s long-term goals, potentially impacting GPT Group’s operational efficiency and market positioning positively.

GPT Group Announces 2025 Annual General Meeting Details
Mar 27, 2025

GPT Group has announced the details for its 2025 Annual General Meeting, scheduled for May 1, 2025, in Sydney. The announcement includes the Notice of Meeting, Explanatory Memorandum, Proxy Form, and a Letter to Securityholders, which are all accessible online. This meeting is a key event for stakeholders to discuss the company’s performance and future strategies, reflecting GPT’s commitment to transparency and engagement with its investors.

GPT Group Announces Director’s Interest Change
Mar 27, 2025

The GPT Group announced a change in the director’s interest for Vickki McFadden, with the acquisition of 25,000 ordinary stapled securities through Tallis Custody Pty Limited as trustee for the V McFadden Super Fund. This change reflects the director’s increased investment in the company, potentially signaling confidence in GPT’s future performance and stability, which may positively impact stakeholder perceptions.

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.