GMT Stock Overview
GMT is an externally managed unit trust, listed on the NZX.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
No risks detected for GMT from our risk checks.
Goodman Property Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NZ$1.97 |
| 52 Week High | NZ$2.29 |
| 52 Week Low | NZ$1.96 |
| Beta | 0.28 |
| 1 Month Change | -6.86% |
| 3 Month Change | -12.05% |
| 1 Year Change | -4.83% |
| 3 Year Change | -20.08% |
| 5 Year Change | 30.03% |
| Change since IPO | 101.02% |
Recent News & Updates
Shareholder Returns
| GMT | NZ Industrial REITs | NZ Market | |
|---|---|---|---|
| 7D | -4.8% | -4.2% | -2.0% |
| 1Y | -4.8% | 16.5% | -7.2% |
Return vs Industry: GMT underperformed the NZ Industrial REITs industry which returned 16.5% over the past year.
Return vs Market: GMT exceeded the NZ Market which returned -7.2% over the past year.
Price Volatility
| GMT volatility | |
|---|---|
| GMT Average Weekly Movement | 2.3% |
| Industrial REITs Industry Average Movement | 2.3% |
| Market Average Movement | 4.0% |
| 10% most volatile stocks in NZ Market | 7.4% |
| 10% least volatile stocks in NZ Market | 2.5% |
Stable Share Price: GMT is less volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: GMT's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | James Spence | https://nz.goodman.com/ |
GMT is an externally managed unit trust, listed on the NZX. It has a market capitalisation of around $3.0 billion, ranking it in the top 20 of all listed investment vehicles. The Trust is New Zealand’s leading warehouse and logistics space provider.
Goodman Property Trust Fundamentals Summary
| GMT fundamental statistics | |
|---|---|
| Market Cap | NZ$2.76b |
| Earnings (TTM) | -NZ$135.40m |
| Revenue (TTM) | NZ$213.80m |
12.9x
P/S Ratio-20.4x
P/E RatioIs GMT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GMT income statement (TTM) | |
|---|---|
| Revenue | NZ$213.80m |
| Cost of Revenue | NZ$54.40m |
| Gross Profit | NZ$159.40m |
| Other Expenses | NZ$294.80m |
| Earnings | -NZ$135.40m |
Last Reported Earnings
Mar 31, 2023
Next Earnings Date
Nov 09, 2023
| Earnings per share (EPS) | -0.096 |
| Gross Margin | 74.56% |
| Net Profit Margin | -63.33% |
| Debt/Equity Ratio | 36.9% |
How did GMT perform over the long term?
See historical performance and comparison