Goodman Group
ASX:GMG

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Goodman Group
ASX:GMG
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Price: 36.55 AUD 0.79% Market Closed
Market Cap: 69.9B AUD
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Relative Value

The Relative Value of one GMG stock under the Base Case scenario is 38.77 AUD. Compared to the current market price of 36.55 AUD, Goodman Group is Undervalued by 6%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

GMG Relative Value
Base Case
38.77 AUD
Undervaluation 6%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

35
P/S
P/S
Price to Sales
35
vs History
3
vs Industry
3
Median 3Y
22.1
Median 5Y
19.8
Industry
3.6
Forward
22.5
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
1
Median 3Y
14.1
Median 5Y
16.6
Industry
16.7
Forward
29.8
More Details
58.4
P/OCF
P/OCF
Price to OCF
58.4
vs History
12
vs Industry
5
Median 3Y
43.4
Median 5Y
34.3
Industry
10.9
More Details
40.9
P/FCFE
P/FCFE
Price to FCFE
40.9
vs History
31
vs Industry
6
Median 3Y
39.1
Median 5Y
33.9
Industry
13.3
More Details
4
P/B
P/B
Price to Book Value
4
vs History
3
vs Industry
7
Median 3Y
2.7
Median 5Y
2.7
Industry
0.8
More Details
36
EV/S
EV/S
Enterprise Value to Sales
36
vs History
6
vs Industry
4
Median 3Y
23
Median 5Y
20.8
Industry
6.6
Forward
23.1
More Details
50
EV/GP
EV/GP
Enterprise Value to Gross Profit
50
vs History
6
vs Industry
6
Median 3Y
34.3
Median 5Y
31.6
Industry
11.9
More Details
131.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
131.3
vs History
3
vs Industry
3
Median 3Y
70.6
Median 5Y
59.2
Industry
15.8
Forward
28.3
More Details
131.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
131.3
vs History
3
vs Industry
4
Median 3Y
70.6
Median 5Y
59.2
Industry
19
Forward
27.6
More Details
60
EV/OCF
EV/OCF
Enterprise Value to OCF
60
vs History
12
vs Industry
7
Median 3Y
45.3
Median 5Y
36.1
Industry
18.5
More Details
60.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
60.6
vs History
14
vs Industry
9
Median 3Y
46
Median 5Y
36.2
Industry
20.1
More Details
3.4
EV/IC
EV/IC
Enterprise Value to IC
3.4
vs History
3
vs Industry
3
Median 3Y
2.4
Median 5Y
2.4
Industry
0.7
More Details

Multiples Across Competitors

GMG Competitors Multiples
Goodman Group Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Goodman Group
ASX:GMG
69.4B AUD 35 -701.9 131.3 131.3
US
Prologis Inc
NYSE:PLD
95.7B USD 12.1 31.1 23.6 45
US
Lineage Inc
NASDAQ:LINE
13.4B USD 1.4 -18.9 8.8 24.4
UK
SEGRO PLC
LSE:SGRO
9.4B GBP 12.7 -935.3 24.9 25.3
SG
Ascendas Real Estate Investment Trust
SGX:A17U
11.2B 0 0 0 0
US
Rexford Industrial Realty Inc
NYSE:REXR
8.4B USD 9.2 31.5 18.8 33.2
US
Eastgroup Properties Inc
NYSE:EGP
7.9B USD 12.7 34.2 21.7 37.9
US
First Industrial Realty Trust Inc
NYSE:FR
6.7B USD 10.3 21.8 21.1 33.6
SG
Mapletree Logistics Trust
SGX:M44U
6.4B 0 0 0 0
SG
Mapletree Industrial Trust
SGX:ME8U
6.2B 0 0 0 0
US
STAG Industrial Inc
NYSE:STAG
6.2B USD 8.2 34.3 16.5 34.9
P/E Multiple
Earnings Growth P/E to Growth
AU
Goodman Group
ASX:GMG
Average P/E: 30.6
Negative Multiple: -701.9 		N/A N/A
US
Prologis Inc
NYSE:PLD
31.1
0%
N/A
US
Lineage Inc
NASDAQ:LINE
Negative Multiple: -18.9 N/A N/A
UK
SEGRO PLC
LSE:SGRO
Negative Multiple: -935.3 N/A N/A
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
343%
N/A
US
Rexford Industrial Realty Inc
NYSE:REXR
31.5
48%
0.7
US
Eastgroup Properties Inc
NYSE:EGP
34.2
33%
1
US
First Industrial Realty Trust Inc
NYSE:FR
21.8
-15%
N/A
SG
Mapletree Logistics Trust
SGX:M44U
Not Available
20%
N/A
SG
Mapletree Industrial Trust
SGX:ME8U
Not Available
271%
N/A
US
STAG Industrial Inc
NYSE:STAG
34.3
-9%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Goodman Group
ASX:GMG
Average EV/EBITDA: 33.3
131.3
535%
0.2
US
Prologis Inc
NYSE:PLD
23.6
28%
0.9
US
Lineage Inc
NASDAQ:LINE
8.8
N/A N/A
UK
SEGRO PLC
LSE:SGRO
24.9
30%
0.8
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
12%
N/A
US
Rexford Industrial Realty Inc
NYSE:REXR
18.8
66%
0.3
US
Eastgroup Properties Inc
NYSE:EGP
21.7
41%
0.5
US
First Industrial Realty Trust Inc
NYSE:FR
21.1
35%
0.6
SG
Mapletree Logistics Trust
SGX:M44U
Not Available
13%
N/A
SG
Mapletree Industrial Trust
SGX:ME8U
Not Available
17%
N/A
US
STAG Industrial Inc
NYSE:STAG
16.5
30%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Goodman Group
ASX:GMG
Average EV/EBIT: 45.7
131.3
527%
0.2
US
Prologis Inc
NYSE:PLD
45
28%
1.6
US
Lineage Inc
NASDAQ:LINE
24.4
N/A N/A
UK
SEGRO PLC
LSE:SGRO
25.3
44%
0.6
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
12%
N/A
US
Rexford Industrial Realty Inc
NYSE:REXR
33.2
73%
0.5
US
Eastgroup Properties Inc
NYSE:EGP
37.9
44%
0.9
US
First Industrial Realty Trust Inc
NYSE:FR
33.6
27%
1.2
SG
Mapletree Logistics Trust
SGX:M44U
Not Available
11%
N/A
SG
Mapletree Industrial Trust
SGX:ME8U
Not Available
14%
N/A
US
STAG Industrial Inc
NYSE:STAG
34.9
22%
1.6

See Also

Summary
GMG intrinsic value, competitors valuation, and company profile.
DCF Valuation
GMG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
GMG stock valuation using valuation multiples.
Wall Street Estimates
GMG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
GMG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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