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Goodman Group is currently in a long term uptrend where the price is trading 13.9% above its 200 day moving average.
From a valuation standpoint, the stock is 60.1% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 18.6.
Goodman Group's total revenue rose by 65.8% to $1B since the same quarter in the previous year.
Its net income has increased by 28.5% to $1B since the same quarter in the previous year.
Finally, its free cash flow grew by 77.3% to $877M since the same quarter in the previous year.
Based on the above factors, Goodman Group gets an overall score of 4/5.
CurrencyCode | AUD |
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ISIN | AU000000GMG2 |
Sector | Real Estate |
Industry | Real Estate - Diversified |
Exchange | AU |
Market Cap | 62B |
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PE Ratio | 65.38 |
Target Price | 36.7891 |
Beta | 0.88 |
Dividend Yield | 0.8% |
Goodman Group is a global industrial property and digital infrastructure specialist group with operations in key consumer markets across Australia, New Zealand, Asia, Europe, the United Kingdom, and the Americas. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest property group on the Australian Securities Exchange (ASX: GMG), a top 20 entity by market capitalisation, and one of the largest listed specialist investment managers of industrial property globally. Goodman provides essential infrastructure for the digital economy by owning, developing, and managing high-quality sustainable properties that are close to consumers in key cities around the world. Our property portfolio includes logistics and distribution centres, warehouses, light industrial, multi-storey industrial, business parks and data centres. We take a long-term view, investing significantly alongside our capital partners in our investment management platform and concentrating our portfolio where we can create the most value for customers and investors.
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