Goodman Property Trust Share Price and Company Fundamentals



Price
$1.98
Change
-0.065 (-3.178%)
52 week
1.905 - 2.74

Last traded: Today at 4:00 AM

Goodman Property Trust own, develop and manage industrial real estate in 17 countries including logistics facilities, warehouses and business parks. Our investment Partnerships give institutional investors access to our specialist investment management services and commercial and industrial property assets. In New Zealand, Goodman owns, develops and manages modern, high quality industrial and business space. The portfolio is exclusively invested in the Auckland industrial sector with estates located in the key suburbs of East Tamaki, Mangere, Mt Roskill, Mt Wellington, Otahuhu, Panmure, Penrose and Wiri. With over one million sqm of floorspace there is a scale to the portfolio that helps attract and retain customers. The top 10 customers provide approximately 32% of portfolio income. They include Coda, DHL, Fletcher Building, Fliway Transport, Foodstuffs, Freightways, NZ Post Group, OfficeMax, T&G Global, and Toll.

Key Metrics

PE ratio

3.96

PB ratio

0.81

Dividend yield

2.69%

Beta

0.24

Market cap

-

Enterprise value

-

Company profile

Industry / SectorREIT—Industrial / Real Estate
Websitehttps://nz.goodman.com
Mailing addressKPMG Centre Level 2 18 Viaduct Harbour Avenue Auckland 1010 New Zealand
Phone / Fax64 9 375 6060 /

Dividends

Dividend yield

2.69%

Dividend amount

$0.05

Payout ratio

10.17%

5Y Avg. yield

3.31%

Goodman Property Trust paid $0.05 dividend and the ex-dividend date was 07 Sept 2022.The dividend payout ratio is 10.17%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.GMT dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

GMT's forward dividend amount is $0.06 and the forward dividend yield is 2.78%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Sep 2022, following are the company executives and directors listed on Goodman Property Trust.

NameTitleAgeTotal Pay
Mr. John Morton DakinCEO & Exec. Director55
Mr. Andrew Jonathan EakinChief Financial Officer
Mr. James SpenceDirector of Investment Management
Mr. Anton SheadGen. Counsel & Company Sec.
Mr. Jonathan SimpsonHead of Corp. Affairs
Ms. Mandy WaldinMarketing Director
Mr. Paul William McGarryHead of Asia45
Mr. Angus BrooksChief Exec. Officer of Japan44

Profitability and management effectiveness

Profit margin

398.61%

Operating margin

65.12%

Return on assets

1.77%

Return on equity

22.59%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Goodman Property Trust is and its enterprise value is .

The GMT's stocks Beta value is 0.24 making it 76% less volatile compared to NZX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Goodman Property Trust (NZX:GMT) Frequently Asked Questions

1. What is Goodman Property Trust's Stock Symbol?

Goodman Property Trust trades on NZX under the ticker symbol "GMT".

2. What is Goodman Property Trust's stock price today?

One share of GMT stock can currently be purchased for approximately $1.98.

3. How can I contact Goodman Property Trust?

Goodman Property Trust's mailing address is KPMG Centre Level 2 18 Viaduct Harbour Avenue Auckland 1010 New Zealand. The company can be reached via phone at 64 9 375 6060.

4. What is Goodman Property Trust's official website?

The official website of Goodman Property Trust is https://nz.goodman.com.