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Goodman Group GMGSF

Morningstar Rating
$19.74 −1.63 (7.61%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

GMGSF is trading within a range we consider fairly valued.
Price
$21.36
Fair Value
$97.33
Uncertainty
High
1-Star Price
$26.24
5-Star Price
$77.93
Economic Moat
Rtnnyy
Capital Allocation
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News

Trading Information

Previous Close Price
$21.37
Day Range
$19.7420.12
52-Week Range
$12.6321.73
Bid/Ask
$19.35 / $20.88
Market Cap
$37.49 Bil
Volume/Avg
2,418 / 1,662

Key Statistics

Price/Earnings (Normalized)
36.93
Price/Sales
38.58
Dividend Yield (Trailing)
0.91%
Dividend Yield (Forward)
0.60%
Total Yield
0.99%

Company Profile

Goodman Group develops and manages industrial property investments worldwide. Rather than taking all risks on its own balance sheet, many Goodman developments are on behalf of end-user tenants, and funds management clients. A typical deal involves purchasing land for a tenant who wants to occupy the site, and/or an investor who will own the asset via a Goodman investment vehicle. Goodman charges leasing fees for locking in tenants, and fees for managing the development. Completed projects reside in Goodman investment vehicles, and Goodman charges asset and investment management fees to investors, in return for collecting rent and managing the site. Goodman retains a minority stake in many projects, generating rental income and aligning its interests with its funds management clients.
Sector
Real Estate
Industry
Real Estate - Diversified
Stock Style Box
Large Core
Total Number of Employees
950

Competitors

Valuation

Metric
GMGSF
PLD
CHC
Price/Earnings (Normalized)
36.9338.7911.51
Price/Book Value
19.051.811.85
Price/Sales
38.5812.079.00
Price/Cash Flow
61.7118.5111.99
Price/Earnings
GMGSF
PLD
CHC

Financial Strength

Metric
GMGSF
PLD
CHC
Quick Ratio
0.900.182.57
Current Ratio
1.200.322.71
Interest Coverage
3.326.32−3.47
Quick Ratio
GMGSF
PLD
CHC

Profitability

Metric
GMGSF
PLD
CHC
Return on Assets (Normalized)
4.36%3.93%−4.50%
Return on Equity (Normalized)
5.96%6.71%−5.63%
Return on Invested Capital (Normalized)
4.67%4.89%−4.69%
Return on Assets
GMGSF
PLD
CHC
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Economic Moat
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HLDCY
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