Growthpoint Properties Australia IVP1
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.
Trading Information
- Previous Close Price
- —
- Day Range
- —–—
- 52-Week Range
- —–—
- Bid/Ask
- — / —
- Market Cap
- —
- Volume/Avg
- — / —
Key Statistics
- Price/Earnings (Normalized)
- 36.20
- Price/Sales
- 5.46
- Dividend Yield (Trailing)
- 8.67%
- Dividend Yield (Forward)
- 4.95%
- Total Yield
- 12.17%
Company Profile
Growthpoint Properties is an internally managed Australian REIT, with commercial property investments split circa 65/35 between Australian office and industrial assets. Its assets are typically smaller, but it has maintained high occupancy at its sites. Historically the REIT did not undertake funds management activities but it purchased fund manager Fortius in September 2022. The REIT usually limits speculative property development, though it built an office development in suburban Melbourne. The asset was completely vacant on completion, but Growthpoint was able to attract tenants and it is now occupied.
- Sector
- Real Estate
- Industry
- REIT - Diversified
- Stock Style Box
- Small Value
- Total Number of Employees
- —
- Website
- https://www.growthpoint.com.au
Competitors
Valuation
|
Metric
|
IVP1
|
CMW
|
GPT
|
|---|---|---|---|
Price/Earnings (Normalized) | 36.20 | 11.14 | 115.03 |
Price/Book Value | 0.60 | 0.57 | 0.75 |
Price/Sales | 5.46 | 3.49 | 8.96 |
Price/Cash Flow | 11.30 | 7.26 | 13.76 |
Price/Earnings
IVP1
CMW
GPT
Financial Strength
|
Metric
|
IVP1
|
CMW
|
GPT
|
|---|---|---|---|
Quick Ratio | 0.64 | 0.31 | 0.20 |
Current Ratio | 0.70 | 1.28 | 0.74 |
Interest Coverage | −2.04 | −5.35 | −0.19 |
Quick Ratio
IVP1
CMW
GPT
Profitability
|
Metric
|
IVP1
|
CMW
|
GPT
|
|---|---|---|---|
Return on Assets (Normalized) | −4.66% | −12.00% | 0.20% |
Return on Equity (Normalized) | −7.96% | −23.12% | 0.31% |
Return on Invested Capital (Normalized) | −3.27% | −11.42% | 1.05% |
Return on Assets
IVP1
CMW
GPT
REIT - Diversified Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
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LDSCY
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LSGOF
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FBASF
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MRVGF
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GPTGF
| GPT Group | — | Mxq | $5.2 Bil | |
GSEFF
| Covivio SA | — | Dgq | $5.0 Bil | |
ESRT
| Empire State Realty Trust Inc Class A | Fjzrqqc | Hwpq | $1.5 Bil |