Department store chain David Jones entered voluntary administration, raising the prospect of store closures that would hit landlords. The retailer operates in three shopping centers in which GPT Group has a direct or indirect interest.
GPT has a significant weighting toward retail, which has maintained high occupancy and solid tenant demand after the covid-19 pandemic.
Many of GPT’s shopping centers are exposed to department stores, one of the most challenging areas in the economy for tenants.
Metric | GPT | MGR | DXS |
|---|---|---|---|
Price/Earnings (Normalized) | 2.07 | 12.40 | 10.33 |
Price/Book Value | 0.91 | 0.82 | 0.65 |
Price/Sales | 9.91 | 2.94 | 10.14 |
Price/Cash Flow | 14.34 | 8.75 | 12.30 |
Metric | GPT | MGR | DXS |
|---|---|---|---|
Quick Ratio | 0.21 | 0.27 | 0.18 |
Current Ratio | 0.28 | 0.84 | 0.28 |
Interest Coverage | 5.53 | 3.64 | 2.02 |
Metric | GPT | MGR | DXS |
|---|---|---|---|
Return on Assets (Normalized) | 4.78% | 4.02% | 3.51% |
Return on Equity (Normalized) | 7.56% | 6.48% | 5.40% |
Return on Invested Capital (Normalized) | 6.40% | 4.07% | 3.62% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Goodman Group GMGSF | — | LOCK|&tL<$ | $40B | |||
| VICI Properties Inc Ordinary Shares VICI | — | LOCK|?X | $28B | |||
| W.P. Carey Inc WPC | — | LOCK|<c | $15B | |||
| Land Securities Group PLC ADR LDSCY | — | LOCK|ly% | $8B | |||
| Land Securities Group PLC LSGOF | — | LOCK|#RN | $8B | |||
| Fibra Uno Administracion SA de CV Certificados Bursatiles Fiduciarios Inmobiliario Series -11- FBASF | — | LOCK|!b | $8B | |||
| Stockland Corp Ltd STKAF | — | LOCK|gyF | $7B | |||
| Charter Hall Group CTOUF | — | LOCK|bB?j | $7B | |||
| GPT Group GPTGF | — | LOCK|wW< | $7B | |||
| British Land Co PLC BRLAF | — | LOCK|#R | $6B |
United States