Obermatt

Goodman

ASX:GMG · AU000000GMG2
Real Estate Management & DevelopmentLarge

360

79
Profit price55
Owner Earnings Yield78
Dividend Yield31
Price/Sales3
EV / Gross Profit3
Price/Book8
Return on Capital76
Return on Equity65
EBIT Margin66
Gross Profitability59
Cash Conversion12
Accruals11
Sales growth68
Profit Growth95
Long-Term EPS Growth94
Reinvestment55
Price momentum34
Debt load84
Debt serviceability30
Liquidity96
Analyst ratings69
Opinion Changes50
Price Target Upside46
Market mood100
Value Creation3/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Goodman doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Based on 3/5 components.

Profile

CountryAustralia
IndustryReal Estate Management & Development
SizeLarge
TypePublic Company
ExchangeASX
Founded2002
Employees1,059
ISINAU000000GMG2
Last UpdateApr 2, 2026
Themes
Freight ServiceData Centers and FacilitiesCommercialIndustrialLogisticsProperty ManagementReal Estate

Description

Analysis

Middle-of-the-road

Goodman Group is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

Valuation data is not available for this company.

The trajectory is moderate and the balance sheet is sturdy. The company scores 3/20 on our value-creation score: not creating value.

What to watch: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
75
2023202420252026

All-time high

98

Jun 2024

All-time low

49

May 2023

Average rank

76

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
3
5
3
5
Price/Earnings
20
15
14
12
Price/Book
8
16
27
34
Dividend Yield
31
12
10
17
Value (overall)
1
3
5
11

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →