ASX Share rice
Tue 04 Aug 2020 - 03:24:am (Sydney)

GMG Share Price

GOODMAN GROUPGMGReal Estate

GMG Company Information

Name:

Goodman Group

Sector:

Real Estate

Industry:

REIT—Diversified

GIC Industry:

Equity Real Estate Investment Trusts (REITs)

GIC Sub Industry:

Industrial REITs

Address:

60 Castlereagh Street Sydney NSW Australia 2000

Phone:

61 2 9230 7400

Full Time Employees:

959

Group CEO & Director:

Mr. Gregory Leith Goodman

Group Chief Financial Officer:

Mr. Nick Vrondas

Chief Risk Officer:

Mr. Michael O'Sullivan

Group Head of Equities:

Mr. Nicholas Kurtis

Deputy Group CEO, CEO of North America & Director:

Mr. Anthony Rozic

Company Overview:

Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally. Goodman's global property expertise, integrated own+develop+managecustomer service offering and significant investment management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long-term returns for investors.

GMG Share Price Information

Shares Issued:

1.83B

Market Capitalisation:

$30.97B

Dividend per Share:

$0.3

Ex Dividend Date:

2020-06-29

Dividend Yield:

1.77%

Revenue (TTM):

$2.60B

Revenue Per Share (TTM):

$1.43

Earnings per Share:

$0.805

Profit Margin:

0.5795

Operating Margin (TTM):

$0.61

Return On Assets (TTM):

$0.07

Return On Equity (TTM):

$0.14

Quarterly Revenue Growth (YOY):

-0.155

Gross Profit(TTM):

$0.93B

Diluted Earnings Per Share (TTM):

$0.805

QuarterlyEarnings Growth(YOY):

-0.138

GMG CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-818,200,000

Net Income:

$1.63B

Dividends Paid:

$-528,700,000

Capital Expenditures:

$1.70M

GMG Income Statement

Income Date:

2019-06-30

Income Before Tax:

$1.74B

Net Income:

$1.63B

Gross Profit:

$0.95B

Operating Income:

$481.70M

Interest Expense:

$95.50M

Total Revenue:

$1.71B

Total Operating Expenses:

$464.30M

Cost Of Revenue:

$767.50M

GMG Balance Sheet

Balance Sheet Date:

2019-06-30

Intangible Assets:

$109.20M

Total Liabilities:

$4.39B

Total Stockholder Equity:

$10.52B

Other Current Liabilities:

$6M

Total Assets:

$14.91B

Other Current Assets:

$320.10M

Retained Earnings:

$2.09B

Good Will:

$730.80M

Cash:

$1.61B

Total Current Liabilities:

$849M

Long-Term Investments:

$8.45B

Total Current Assets:

$2.47B

Long-Term Debt:

$2.98B

Net Receivables:

$11M

Short-Term Investments:

$12.44B

Inventory:

$307.90M

Accounts Payable:

$73.20M

Non Currrent Assets (Other):

$783.30M

Short-Term Investments:

$12.44

Non Current Liabilities (Other):

$3M

Non Current Liabilities Total:

$3.54B

GMG Share Price History

GMG News

30 Jul, 2020
COLOMBIER-SAUGNIEU, France (Reuters) - At his veterinary practice near the French city of Lyon one morning in June, Gilles Renevier prepared to perform a castration on a poodle. When not attending to animals, he turns to his other role: attempting to neuter the expansion ambitions of Amazon.com Inc . Renevier leads a group of local volunteers that has succeeded in suspending construction at a site that campaigners and a senior local official say is earmarked to become a logistics hub for the online retailer.
08 Jul, 2020
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a...
02 Jul, 2020
Moody's Investors Service has confirmed GLP Pte. Ltd.'s Baa3 issuer and senior unsecured debt ratings, as well as the provisional (P)Baa3 senior unsecured rating of its MTN program. The outlook has been changed to negative from ratings under review.
25 Jun, 2020
Retail giant Amazon Inc is expanding its Australian operations with plans to build a warehouse in Sydney and is also scouting locations for a giant facility in Melbourne, the Australian Financial Review reported on Thursday. An Amazon spokeswoman declined to comment on 'speculations or our future plans.'
20 Apr, 2020
Most readers would already be aware that Goodman Group's (ASX:GMG) stock increased significantly by 20% over the past...
24 Mar, 2020
Moody's Investors Service has placed on review for downgrade GLP Pte. Ltd.'s (GLP) Baa3 issuer and senior unsecured debt ratings, as well as the provisional (P)Baa3 senior unsecured rating of its MTN program. The review for downgrade follows GLP's proposed privatization and acquisition of an effective economic interest of 67.67% stake in Li & Fung Limited on 20 March 2020 for HKD7.2 billion ($928 million). The Fung family will have 60% of the voting shares of Li & Fung and thus retain majority control.
04 Mar, 2020
Half Year 2020 Goodman Group Earnings Presentation
12 Feb, 2020
Goodman and CPP Investments increase equity commitment to US$5.5 billion in U.S. logistics Partnership
13 Jan, 2020
Greg Goodman became the CEO of Goodman Group (ASX:GMG) in 1998. This report will, first, examine the CEO compensation...
03 Dec, 2019
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Goodman Group and other ratings that are associated with the same analytical unit. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.
25 Nov, 2019
A company most Americans have never heard of is poised to control a large swath of urban industrial land in greater Los Angeles. The North American unit of Australian real estate company Goodman Group (OTCMKTS: GMGSF) said it has acquired a 65-acre manufacturing and distribution site in Fullerton, California, located just 26 miles south of Los Angeles, and will turn the site into what it called a "logistics campus." The facility, to be renamed the Goodman Logistics Center Fullerton, will be available for occupancy in late 2021, the Goodman unit said. The transaction brings to 200 the amount of Los Angeles acreage that Goodman has acquired in just the past three months.
07 Nov, 2019
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
24 Oct, 2019
(Bloomberg Opinion) -- Hong Kong may have been seeing money flow out as the city’s turmoil undermines its reputation as a stable financial center, but one important source of capital keeps on coming: cash for initial public offerings.The city has hosted two IPOs of more than $1 billion since early June and ESR Cayman Ltd. is testing investor appetite for a revived share sale of as much as $1.45 billion. The Hong Kong-based warehouse operator, which is backed by Warburg Pincus and Goldman Sachs Group Inc., delayed its IPO in June citing unfavorable market conditions. It has now increased its fundraising target from $1.24 billion.ESR is the second company to resuscitate a flotation since June, when large-scale protests started to affect Hong Kong. Budweiser Brewing Company APAC Ltd. completed a $5 billion offering last month, having shelved its sale in July amid lackluster demand. The Asian unit of Anheuser-Busch InBev NV almost halved the size of the IPO from a planned $9.8 billion. The stock has risen 15% since it started trading at the end of September.While Hong Kong has slipped from being the world’s largest IPO venue last year, it’s still running in third place in 2019 behind the Nasdaq and New York exchanges, with companies having raised $18.6 billion in the city, according to data compiled by Bloomberg. That testifies to Hong Kong’s enduring strength as a capital-raising hub, an advantage that won’t easily be prized away by any regional rival.The bottom line for companies such as ESR is that they have few other choices. Hong Kong has Asia’s deepest stock market bar Tokyo, where investors are mostly domestically focused and few foreign companies opt to list. Singapore, meanwhile, has been bedeviled by a lack of liquidity. The city’s market capitalization has shrunk to $478 billion — smaller than Thailand’s and less than a 10th of Hong Kong’s $5.2 trillion, according to Bloomberg-compiled data.(2) Hong Kong-traded Fortune Real Estate Investment Trust withdrew its dual listing from Singapore’s main board in June, citing costs of compliance and low trading volumes, one of a number of companies to have abandoned the exchange. Singapore is the world's 12th largest venue globally for IPOs this year, behind even Borsa Italiana and SIX Swiss Exchange. Even well-known Singapore names have been looking to sell shares elsewhere: PropertyGuru Ltd., an online real estate classifieds business backed by KKR & Co. and TPG Capital, had been looking to list in Australia, before withdrawing an expected $260 million IPO on Wednesday. A mild recovery in Hong Kong share prices has given companies confidence to venture back, with the benchmark Hang Seng Index climbing about 5% from its August low. And positive post-IPO performances are helping to bolster investor interest. Besides Budweiser, Chinese sportswear retailer Topsports International Holdings Ltd. has climbed 15% since raising $1 billion this month.A peculiarity of the Hong Kong market has also aided the return of Budweiser and ESR: the cornerstone investor. Budweiser sold a $1 billion stake to Singapore’s sovereign wealth fund, while Canadian pension fund OMERS has committed $585 million to ESR’s offering. First time around, neither company had cornerstones — big investors that commit to hold the shares for a minimum period, signaling confidence to other buyers. ESR, which has logistics assets in countries from China to India, is seeking to sell stock at a premium to its bigger, Australian-listed competitor Goodman Group. At the bottom of its targeted price range, ESR is priced at 26.1 times its estimated 2020 enterprise value to Ebitda, according to Aequitas Research analyst Sumeet Singh, who writes on Smartkarma. Goodman is trading on a ratio of 21.8 times, according to Bloomberg-compiled data.That looks ambitious, though it may reflect the return of more buoyant conditions to the Hong Kong market. A successful sale is likely to encourage more listing candidates to tiptoe back.\--With assistance from Zhen Hao Toh  (Adds footnote on the calculation of market cap figures in the fifth paragraph.)(1) The market capitalization figures for Singapore and Hong Kong don't include ETFs and ADRS, and include only actively traded, primary securities on the two exchanges to avoid double counting. Including secondary listings, Hong Kong's market cap is $6.1 trillion, versus $672 billion for Singapore.To contact the author of this story: Nisha Gopalan at ngopalan3@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
12 Oct, 2019
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side...
17 Sep, 2019
Goodman Group is a AU$25b large-cap, real estate investment trust (REIT) based in Sydney, Australia. REITs are...
11 Sep, 2019
Full Year 2019 Goodman Group Earnings Call
28 Aug, 2019
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
04 Aug, 2019
In 1998 Greg Goodman was appointed CEO of Goodman Group (ASX:GMG). First, this article will compare CEO compensation...

GMG Dividend Payments

EX-Date Dividend Amount
2010-06-24$0.0190
2010-12-22$0.0150
2011-06-24$0.0200
2011-12-21$0.0180
2012-06-25$0.0900
2012-12-20$0.0970
2013-06-24$0.0970
2013-12-22$0.1035
2014-06-26$0.1035
2014-12-28$0.1110
2015-06-26$0.1110
2015-12-28$0.1190
2016-06-29$0.1210
2016-12-28$0.1270
2017-06-29$0.1320
2017-12-27$0.1375
2018-06-28$0.1425
2018-12-27$0.1500
2019-06-27$0.1500
2019-12-29$0.1500
2020-06-29$0.1500

GMG Dividends (last 11 Years)