- Goodman Group reported an operating profit of A$2.31 billion, aligning perfectly with analysts’ expectations.
- The operating earnings per share (EPS) came in at A$1.180, matching the estimated figure.
- A final distribution of A$0.150 per security has been announced.
- The company maintains a low gearing ratio at 4.3%, indicating strong financial health.
- Analyst ratings include 9 buys, 3 holds, and 1 sell recommendation, suggesting a positive outlook for the company.
Goodman Group on Smartkarma
Analyst coverage on Goodman Group through Smartkarma’s independent research network showcases the latest developments in the real estate sector. Asia Real Estate Tracker‘s report on April 16, 2025, highlights Singapore’s LHN Group’s intention to list Coliwoo Co-Living on SGX, signaling a strategic move within the market. Moreover, the report mentions a significant 42% drop in office rents in Hong Kong post-Q1 2019, reflecting evolving trends. Additionally, PGIM Real Estate’s latest leadership shift, with the promotion of David Fassbender to Deputy Head of APAC, indicates organizational changes within the company.
In a separate report by Asia Real Estate Tracker on April 10, 2025, Goodman Group‘s investment of $722M in a Sydney data centre project named ‘Project Mars’ takes the spotlight. This move signifies Goodman’s expansion in the data centre domain. The report also mentions the inclusion of executives from Partners Group, CDPQ, and ESR in the speaker list for the Singapore Forum, a significant event in the data centre industry. Additionally, Singapore’s GIC partnering with Alianza in a $329M venture to establish a data centre presence in Brazil further underlines the company’s diversification and strategic initiatives.
A look at Goodman Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
The long-term outlook for Goodman Group, an integrated industrial property group operating across multiple regions, is supported by Smartkarma’s assessment of key factors. With a balanced score across Value, Dividend, and Growth categories, Goodman Group demonstrates stability and potential for future expansion. Notably, the company’s strong Resilience score showcases its ability to weather economic fluctuations effectively, providing investors with confidence in its operational strength. Additionally, Goodman Group‘s Momentum score indicates a positive trajectory, suggesting promising opportunities for growth and performance enhancements in the future.
Goodman Group‘s diverse portfolio, including business parks, industrial estates, and warehouse/distribution centers, positions it well in the industrial property sector. With operations in strategic locations such as Australia, New Zealand, UK, Asia, and Europe, the company benefits from a global presence and opportunities for further market penetration. Overall, the combination of solid fundamentals and a resilient business model underpins Goodman Group‘s long-term prospects, making it an attractive investment option for those seeking stability and growth potential in the industrial property market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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