G

Goodman Property Trust
NZX:GMT

Watchlist Manager
Goodman Property Trust
NZX:GMT
Watchlist
Price: 1.85 NZD -0.54% Market Closed
Market Cap: 2.8B NZD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

GMT price has not been updated for more than 2 years. This may indicate that the stock has been delisted.

The Relative Value of one GMT stock under the Base Case scenario is 2.81 NZD. Compared to the current market price of 1.85 NZD, Goodman Property Trust is Undervalued by 34%.

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.

GMT Relative Value
Base Case
2.81 NZD
Undervaluation 34%
Relative Value
Price
G
Worst Case
Base Case
Best Case

Valuation Multiples

11
P/S
P/S
Price to Sales
11
vs History
98
vs Industry
12
Median 3Y
13.9
Median 5Y
14.6
Industry
3.5
Forward
12.4
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
33
Median 3Y
-8
Median 5Y
3.4
Industry
16.2
Forward
22.7
More Details
21.6
P/OCF
P/OCF
Price to OCF
21.6
vs History
98
vs Industry
14
Median 3Y
30
Median 5Y
32.5
Industry
10.9
More Details
8.7
P/FCFE
P/FCFE
Price to FCFE
8.7
vs History
69
vs Industry
31
Median 3Y
8.8
Median 5Y
9.5
Industry
12.7
More Details
0.9
P/B
P/B
Price to Book Value
0.9
vs History
66
vs Industry
38
Median 3Y
0.9
Median 5Y
1
Industry
0.8
More Details
16.9
EV/S
EV/S
Enterprise Value to Sales
16.9
vs History
98
vs Industry
10
Median 3Y
19.5
Median 5Y
19.9
Industry
6.4
Forward
19.1
More Details
21.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
21.1
vs History
98
vs Industry
18
Median 3Y
23.5
Median 5Y
23.8
Industry
11.7
More Details
23.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
23.8
vs History
95
vs Industry
18
Median 3Y
26.8
Median 5Y
28.4
Industry
15.7
Forward
20.3
More Details
23.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
23.8
vs History
95
vs Industry
27
Median 3Y
26.8
Median 5Y
28.4
Industry
18.7
Forward
20.3
More Details
33.2
EV/OCF
EV/OCF
Enterprise Value to OCF
33.2
vs History
98
vs Industry
14
Median 3Y
41.8
Median 5Y
42.2
Industry
18.4
More Details
33.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
33.2
vs History
98
vs Industry
18
Median 3Y
41.8
Median 5Y
42.2
Industry
20.2
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
53
vs Industry
26
Median 3Y
0.9
Median 5Y
1
Industry
0.7
More Details

Multiples Across Competitors

GMT Competitors Multiples
Goodman Property Trust Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
Goodman Property Trust
NZX:GMT
2.8B NZD 11 -8 23.8 23.8
US
Prologis Inc
NYSE:PLD
94.9B USD 11.4 25.5 21.9 39.2
AU
Goodman Group
ASX:GMG
54.9B AUD 24.4 59.7 129.2 129.2
US
Lineage Inc
NASDAQ:LINE
12.9B USD 2.4 -19.4 15.4 54.3
UK
SEGRO PLC
LSE:SGRO
9.3B GBP 13.9 15.8 29.2 29.9
SG
Ascendas Real Estate Investment Trust
SGX:A17U
11.7B 0 0 0 0
US
Eastgroup Properties Inc
NYSE:EGP
8.4B USD 13.2 37.1 22.3 38.9
US
Rexford Industrial Realty Inc
NYSE:REXR
7.8B USD 8.1 28.9 16.5 28.6
US
First Industrial Realty Trust Inc
NYSE:FR
6.2B USD 9.2 23.6 19.6 30.7
US
STAG Industrial Inc
NYSE:STAG
6.2B USD 8 32.5 16.3 34.2
SG
Mapletree Industrial Trust
SGX:ME8U
5.8B 0 0 0 0
P/E Multiple
Earnings Growth PEG
NZ
G
Goodman Property Trust
NZX:GMT
Average P/E: 31.9
Negative Multiple: -8 		N/A N/A
US
Prologis Inc
NYSE:PLD
25.5
-6%
N/A
AU
Goodman Group
ASX:GMG
59.7
N/A N/A
US
Lineage Inc
NASDAQ:LINE
Negative Multiple: -19.4 N/A N/A
UK
SEGRO PLC
LSE:SGRO
15.8
-2%
N/A
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
-1%
N/A
US
Eastgroup Properties Inc
NYSE:EGP
37.1
10%
3.7
US
Rexford Industrial Realty Inc
NYSE:REXR
28.9
15%
1.9
US
First Industrial Realty Trust Inc
NYSE:FR
23.6
-2%
N/A
US
STAG Industrial Inc
NYSE:STAG
32.5
15%
2.2
SG
Mapletree Industrial Trust
SGX:ME8U
Not Available
54%
N/A

See Also

Summary
GMT intrinsic value, competitors valuation, and company profile.
DCF Valuation
GMT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
GMT stock valuation using valuation multiples.
Wall Street Estimates
GMT 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
GMT 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
Back to Top
ALPHA SPREAD
Follow us
Join more than 248,800+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.