Goodman Group
GMG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <d | LOCK|HqZkL | LOCK|S@w%X%W! |
We Raise Our Cost of Capital Assumption and Uncertainty Rating for Goodman
Business Strategy and Outlook
Goodman operates an own-develop-manage business model. A typical cycle starts from acquiring a site and developing it. Completed projects are either sold or retained in one of Goodman’s funds or partnerships. Goodman typically retains minority stakes in the investment vehicles and continues to manage the sites after completion.
