GPT Group (GPT) AI Stock Analysis

• Market Cap: $10.38B
• Dividend Yield: 4.43%
• Average Volume (3M): 5.04M
• Price to Earnings (P/E): 27.5
• Beta (1Y): 1.12
• Revenue Growth: 12.66%
• EPS Growth: N/A
• Country: AU
• Employees: 500
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Diversified
• EPS (TTM): 0.17
• Shares Outstanding: 1,915,577,400
• 10 Day Avg. Volume: 4,575,215
• 30 Day Avg. Volume: 5,038,010
• PEG Ratio: 1.81
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 8.47
• P/FCF Ratio: 13.90
• Enterprise Value/Market Cap: 1.38
• Enterprise Value/Revenue: 18.20
• Enterprise Value/Gross Profit: 27.17
• Enterprise Value/Ebitda: 33.64
• 1Y Price Target: $5.71
• Price Target Upside: 5.31% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 61 Neutral
• Price Target: AU$5.50 ▲(1.48% Upside)

GPT Group's overall stock score reflects strong revenue growth and cash flow management, but is tempered by ongoing net losses and operational inefficiencies. The technical indicators suggest stability, but weak momentum. The high P/E ratio indicates potential overvaluation, though the attractive dividend yield offers some compensation.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective asset management, supporting long-term business expansion.

Cash Flow Management

Strong free cash flow growth enhances liquidity and financial flexibility, enabling strategic investments and debt management.

Capital Structure

A strong capital structure with moderate leverage supports financial stability and reduces risk, aiding long-term sustainability.

Negative Factors

Profitability Challenges

Ongoing net losses highlight profitability issues, which could hinder reinvestment and growth if not addressed.

Operational Inefficiencies

Operational inefficiencies reduce profitability and competitiveness, requiring strategic improvements to enhance performance.

Declining Equity

A decline in equity can weaken financial resilience and limit growth opportunities, necessitating corrective measures.

GPT Group Business Overview & Revenue Model

Company Description

The 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 Money

GPT Group generates revenue primarily through leasing its properties to tenants in various sectors, including retail, office, and logistics. The company earns rental income from long-term leases, which provides a stable and recurring revenue stream. Additionally, GPT participates in property developments, which can lead to capital gains and increased asset value. The company also realizes income through management fees from its property management operations. Significant partnerships with retail brands and corporate tenants further bolster its earnings by ensuring a steady occupancy rate across its properties. Furthermore, GPT's focus on sustainable practices and innovative property management enhances its appeal and competitiveness in the market, contributing to its overall financial performance.

GPT Group Financial Statement Overview

Summary

GPT Group shows strong revenue growth and cash flow management, but ongoing net losses and operational inefficiencies are significant risks. The balance sheet is solid, but profitability needs improvement for long-term sustainability.

Income Statement

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

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

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	788.75M	988.70M	900.10M	816.40M	795.30M	718.20M
Gross Profit	528.45M	646.90M	560.50M	498.10M	562.20M	544.90M
EBITDA	426.85M	29.00M	564.10M	514.00M	426.40M	376.20M
Net Income	213.25M	-200.70M	-240.00M	469.30M	1.42B	-213.20M
Balance Sheet
Total Assets	15.91B	15.63B	16.28B	17.32B	17.18B	15.35B
Cash, Cash Equivalents and Short-Term Investments	61.70M	72.20M	67.90M	60.20M	61.50M	372.50M
Total Debt	5.25B	4.87B	4.83B	5.10B	5.19B	4.14B
Total Liabilities	5.70B	5.52B	5.51B	5.84B	5.51B	4.47B
Stockholders Equity	10.21B	10.11B	10.77B	11.48B	11.67B	10.88B
Cash Flow
Free Cash Flow	338.85M	602.20M	582.60M	273.80M	307.90M	145.90M
Operating Cash Flow	445.05M	604.00M	586.00M	564.40M	520.40M	485.30M
Investing Cash Flow	-281.10M	68.20M	206.10M	-245.80M	-1.23B	51.40M
Financing Cash Flow	-279.10M	-667.90M	-784.40M	-319.90M	394.70M	-268.40M

GPT Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.42
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: 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 5.42 is above the 20-day moving average (MA) of 5.38, above the 50-day MA of 5.41, and above the 200-day MA of 4.81, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.37 is Neutral, neither overbought nor oversold. The STOCH value of 53.62 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SGP	75 Outperform	$15.77B	18.84	7.99%	3.87%	4.75%	170.39%
CHC	69 Neutral	$10.68B	47.30	24.58%	2.12%	15.06%	47.66%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GPT	61 Neutral	$10.38B	27.48	3.56%	4.43%	12.66%	―
GMG	61 Neutral	$68.87B	39.43	7.99%	0.89%	16.87%	―
DXS	60 Neutral	AU$7.96B	57.63	1.32%	5.00%	4.52%	―
CLW	59 Neutral	AU$3.08B	26.15	3.57%	5.80%	-9.63%	―

GPT Group Corporate Events

Perpetual Limited Ceases Substantial Holding in GPT Group

Perpetual Limited and its related bodies corporate have ceased to be substantial holders in GPT Group as of July 28, 2025. This change in substantial holding could impact GPT Group’s shareholder dynamics and influence its market positioning, as changes in voting securities and associations are noted.

The most recent analyst rating on (AU:GPT) stock is a Hold with a A$5.22 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

GPT Group announced the issuance of 25,197 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 growth objectives, potentially impacting the company’s operational effectiveness and market positioning.

The most recent analyst rating on (AU:GPT) stock is a Hold with a A$5.22 price target. To see the full list of analyst forecasts on GPT Group stock, see the AU:GPT Stock Forecast page.

GPT Group Announces Cessation of Performance Rights

GPT Group announced the cessation of 203,277 performance rights as the conditions for these securities were not met or became incapable of being satisfied. This cessation may impact the company’s capital structure and could influence stakeholder perceptions of its performance metrics and future growth prospects.

The most recent analyst rating on (AU:GPT) stock is a Hold with a A$5.22 price target. To see the full list of analyst forecasts on GPT Group stock, see the AU:GPT Stock Forecast page.

GPT Group Announces Interim Distribution and Upcoming Financial Results

GPT Group has announced an estimated distribution of 12.0 cents per ordinary stapled security for the six months ending 30 June 2025, with the payment scheduled for 29 August 2025. This announcement is part of GPT’s regular financial updates, and the company will release its 2025 Interim Result on 18 August 2025, indicating ongoing transparency and communication with investors.

The most recent analyst rating on (AU:GPT) stock is a Hold with a A$5.22 price target. To see the full list of analyst forecasts on GPT Group stock, see the AU:GPT Stock Forecast page.

GPT Group Announces New Dividend Distribution

GPT Group has announced a new dividend distribution for its fully paid ordinary units stapled securities, amounting to AUD 0.12 per unit. The distribution relates to a six-month period ending on June 30, 2025, with the ex-date set for June 27, 2025, and the payment date scheduled for August 29, 2025. This announcement reflects GPT Group’s ongoing commitment to providing returns to its investors, potentially enhancing its attractiveness in the real estate investment market.

The most recent analyst rating on (AU:GPT) stock is a Hold with a A$5.22 price target. To see the full list of analyst forecasts on GPT Group stock, see the AU:GPT Stock Forecast page.

GPT and QuadReal Launch $1 Billion Australian Logistics Partnership

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

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.