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Growthpoint Properties Australia is currently in a long term uptrend where the price is trading 14.8% above its 200 day moving average.
From a valuation standpoint, the stock is 21.7% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 9.1.
Growthpoint Properties Australia's total revenue rose by 7.1% to $146M since the same quarter in the previous year.
Its net income has increased by 1.9% to $206M since the same quarter in the previous year.
Finally, its free cash flow fell by 17.2% to $82M since the same quarter in the previous year.
Based on the above factors, Growthpoint Properties Australia gets an overall score of 4/5.
ISIN | AU000000GOZ8 |
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CurrencyCode | AUD |
Exchange | AU |
Industry | REIT-Diversified |
Sector | Real Estate |
Target Price | 3.68 |
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Market Cap | 2B |
Beta | 0.91 |
Dividend Yield | 7.1% |
PE Ratio | 0.0 |
Growthpoint provides spaces for people to thrive. For more than 10 years, we've been investing in high-quality industrial and office properties across Australia. Today, we own and manage 58 properties, valued at approximately $4.2 billion.4 We actively manage our portfolio. We invest in our existing properties, ensuring they meet our tenants' needs now and into the future. We are also focused on growing our property portfolio. We are committed to operating in a sustainable way and reducing our impact on the environment. Growthpoint is a real estate investment trust (REIT), listed on the ASX, and is part of the S&P/ASX 200. Moody's has issued us with an investment-grade rating of Baa2 for senior secured debt.
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