Company Valuation: Goodman Group

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 33,329 37,808 65,997 69,547 63,654 55,025 - -
Change - 13.44% 74.56% 5.38% -8.47% -13.56% - -
Enterprise Value (EV) 1 35,105 39,741 67,898 70,825 65,604 56,519 57,354 55,763
Change - 13.21% 70.85% 4.31% -7.37% -13.85% 1.48% -2.77%
P/E 9.98x 24.7x -668x 40.6x 23.4x 18.4x 16.2x 14.7x
PBR 2.03x 2.1x 3.76x 2.98x 2.55x 1.97x 1.78x 1.61x
PEG - -0.5x 6x -0x 0.4x 1.87x 1.2x 1.4x
Capitalization / Revenue 16.3x 16.3x 25.2x 24.4x 19.9x 15.2x 13.4x 12x
EV / Revenue 17.2x 17.2x 25.9x 24.8x 20.5x 15.6x 13.9x 12.1x
EV / EBITDA 20.5x 20.3x 30.1x 28.7x 23.4x 17.7x 16x 13.9x
EV / EBIT 20.7x 20.5x 30.3x 28.9x 23.6x 17.7x 15.9x 13.8x
EV / FCF 42x 31.3x -234x -70.9x -78.1x 37.3x 38.1x 30.8x
FCF Yield 2.38% 3.2% -0.43% -1.41% -1.28% 2.68% 2.63% 3.25%
Dividend per Share 2 0.3 0.3 0.3 0.3 0.3 0.3014 0.3045 0.3095
Rate of return 1.68% 1.49% 0.86% 0.88% 0.96% 1.12% 1.13% 1.15%
EPS 2 1.788 0.813 -0.052 0.844 1.329 1.46 1.661 1.835
Distribution rate 16.8% 36.9% -577% 35.5% 22.6% 20.7% 18.3% 16.9%
Net sales 1 2,044 2,313 2,620 2,854 3,204 3,631 4,115 4,600
EBITDA 1 1,712 1,957 2,255 2,470 2,803 3,187 3,583 4,009
EBIT 1 1,694 1,941 2,238 2,453 2,785 3,189 3,599 4,034
Net income 1 3,414 1,560 -98.9 1,666 2,779 3,317 3,670 4,025
Net Debt 1 1,776 1,933 1,901 1,278 1,949 1,493 2,329 738.1
Reference price 2 17.84 20.07 34.75 34.24 31.13 26.91 26.91 26.91
Nbr of stocks (in thousands) 1,868,223 1,883,820 1,899,182 2,031,151 2,044,793 2,044,793 - -
Announcement Date 15/08/22 16/08/23 14/08/24 20/08/25 19/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.44x15.56x17.73x1.12% 39.46B
40.77x19.05x24.33x3.15% 129B
33.54x15.55x22.02x3.2% 10.64B
632.1x9.55x13.48x4.61% 8.46B
26.01x13.47x19.69x3.22% 8.14B
21.79x13.34x17.27x4.1% 7.45B
33.84x11.59x15.81x4.16% 7.16B
33.06x16.16x24.46x3.31% 7.11B
10.01x18.02x18.8x6.14% 5.86B
8.97x18.21x20.9x5.75% 5.77B
Average 85.85x 15.05x 19.45x 3.88% 22.91B
Weighted average by Cap. 55.24x 17.18x 21.80x 3.07%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  4. Valuation Goodman Group
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