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Goodman Group
ASX:GMG

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Goodman Group
ASX:GMG
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Price: 28.9 AUD -1.77%
Market Cap: AU$59.1B

EV/FCFF

50.6
Current
6%
Cheaper
vs 3-y average of 53.9

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
50.6
=
Enterprise Value
AU$54.2B
/
Free Cash Flow to Firm
AU$1.2B

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
50.6
=
Enterprise Value
AU$54.2B
/
Free Cash Flow to Firm
AU$1.2B

Valuation Scenarios

Goodman Group is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (53.9), the stock would be worth AU$30.78 (6% upside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-59%
Maximum Upside
+6%
Average Downside
26%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 50.6 AU$28.9
0%
3-Year Average 53.9 AU$30.78
+6%
5-Year Average 47.8 AU$27.3
-6%
Industry Average 26.3 AU$15.02
-48%
Country Average 21 AU$11.98
-59%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
AU
Goodman Group
ASX:GMG
55.2B AUD 50.6 32.3
US
Prologis Inc
NYSE:PLD
131.6B USD 1 665.5 35.4
UK
SEGRO PLC
LSE:SGRO
9.4B GBP 37.6 17.1
SG
ESR-REIT
OTC:CGIUF
12.8B USD 62.2 2 892.7
SG
Ascendas Real Estate Investment Trust
SGX:A17U
11.6B 0 0
US
Eastgroup Properties Inc
NYSE:EGP
10.9B USD -165.4 37.2
US
First Industrial Realty Trust Inc
NYSE:FR
8.3B USD -63.6 24.2
US
Lineage Inc
NASDAQ:LINE
8.3B USD 79.4 -84.8
US
Rexford Industrial Realty Inc
NYSE:REXR
8.1B USD 54.2 36.9
MX
Prologis Property Mexico SA de CV
BMV:FIBRAPL14
136.4B MXN 23 12.3
US
STAG Industrial Inc
NYSE:STAG
7.6B USD -55.5 27.6

Market Distribution

Higher than 81% of companies in Australia
Percentile
81st
Based on 1 159 companies
81st percentile
50.6
Low
0 — 13.2
Typical Range
13.2 — 32.6
High
32.6 —
Distribution Statistics
Australia
Min 0
30th Percentile 13.2
Median 21
70th Percentile 32.6
Max 583 153.2

Goodman Group
Glance View

Goodman Group, a powerhouse in the logistics and industrial property space, has built its empire by synchronizing the ever-evolving dance of global supply chains with world-class real estate solutions. The Australian-based company deftly navigates the complexities of 21st-century commerce by acquiring, developing, and managing logistics properties worldwide. Goodman’s portfolio, strategically located across continents, caters to a wide spectrum of industries that rely heavily on efficient supply chain management, including e-commerce giants, traditional retailers, and manufacturing behemoths. The company’s strength lies in its ability to anticipate market needs and position its properties near key infrastructure such as airports, ports, and urban centers, ensuring that its clients' goods flow with minimal friction. Underpinning Goodman Group's success is its client-centric approach, which marries property development with customized logistics solutions. This, in turn, drives its revenue through a mix of rental income and property development profits. By maintaining a hands-on role in all stages from site acquisition to ongoing property management, Goodman ensures a higher level of responsiveness and adaptability to client needs. Additionally, the company expands its financial reach through a savvy capital partnership model, collaborating with investors who seek to tap into the lucrative logistics real estate sector. This partnership model not only spreads financial risk but also amplifies resources, enabling Goodman Group to scale its operations with agility across diverse markets. Through this blend of property expertise and strategic financial alliances, Goodman positions itself as a formidable player in the realm of industrial real estate.

GMG Intrinsic Value
30.69 AUD
Undervaluation 6%
Intrinsic Value
Price AU$28.9
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