Goodman Group (GMGSF) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Goodman Group (GMGSF) trades at $19.95. Goodman Group is a global integrated property group specializing in industrial property and business space. Market cap: $40.8B, Sector: Real estate.
Price as of Aug 21, 2026 · Last analyzed: Mar 15, 2026Analyst Coverage for GMGSF: GMGSF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates GMGSF against Real Estate peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
GMGSF: 1/2 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.
How is this calculated? →Goodman Group (GMGSF) Real Estate Portfolio & Strategy
Goodman Group, a stapled entity listed on the Australian Securities Exchange, is a leading global industrial property group. It distinguishes itself through an integrated own+develop+manage service offering and a substantial investment management platform, providing innovative property solutions and aiming for long-term investor returns in a competitive global market.
What Is the Investment Thesis for GMGSF?
Goodman Group presents a compelling investment case driven by its global presence in the industrial property sector and its integrated business model. With a market capitalization of $40.8B and a profit margin of 117.4%, the company demonstrates strong financial health. Key value drivers include its ability to develop and manage properties, catering to the evolving needs of its customers. Upcoming catalysts involve further expansion into high-growth markets and the continued development of its existing portfolio. Potential risks include fluctuations in global economic conditions and changes in interest rates, which could impact property values and investment returns. The company's dividend yield of 1.17% provides a modest income stream for investors.
Based on FMP financials and quantitative analysis
GMGSF Key Highlights
Market capitalization of $40.8B, reflecting its significant presence in the global industrial property market.
- Profit margin of 117.4%, indicating strong profitability and efficient operations.
- Gross margin of 61.8%, showcasing its ability to generate revenue from its property portfolio.
- Beta of 0.96, suggesting a moderate level of volatility compared to the overall market.
- Dividend yield of 1.17%, providing a steady income stream for investors.
Who Are GMGSF's Competitors?
GMGSF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CRBJF China Resources Land Limited | $3.80 | +0.00% | $27.1B | 52 |
| CTOUF Charter Hall Group | $16.82 | +0.00% | $7.96B | 53 |
| GPTGF The GPT Group | $3.41 | +0.00% | $6.53B | 51 |
| MITEF Mitsubishi Estate Co., Ltd. | $23.30 | +0.00% | $28.0B | 52 |
| MITEY Mitsubishi Estate Co., Ltd. | $22.90 | -0.35% | $27.6B | 52 |
| VICI VICI Properties | $26.64 | +1.00% | $29.3B | 86 |
| WPC W. P. Carey Inc. | $72.39 | +0.61% | $16.5B | 60 |
| MRPRF MERLIN Properties SOCIMI, S.A. | $17.31 | +0.00% | $10.7B | 56 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are GMGSF's Key Strengths?
Global presence in key markets.
- Integrated business model.
- Strong financial performance.
- Experienced management team.
What Are GMGSF's Weaknesses?
Exposure to global economic fluctuations.
- Dependence on property market conditions.
- Competition from other property groups.
- Complexity of managing a global portfolio.
What Could Drive GMGSF Stock Higher?
Continued expansion into high-growth markets.
- Development of sustainable properties to meet increasing demand.
- Leveraging technology to improve operations and enhance customer experience.
- Forming strategic partnerships to expand reach and offer comprehensive solutions.
- Capitalizing on the growth of e-commerce and demand for logistics facilities.
What Are the Key Risks for GMGSF?
Inconsistent delivery — missed Wall Street EPS estimates in 3 of the last 8 reported quarters.
- Fluctuations in global economic conditions impacting property values.
- Changes in interest rates affecting investment returns.
- Increased competition from other property groups.
- Geopolitical risks impacting global operations.
- Changes in environmental regulations increasing compliance costs.
What Are the Growth Opportunities for GMGSF?
- Expansion into Emerging Markets: Goodman Group has the opportunity to expand its operations into emerging markets, such as Southeast Asia and Latin America. These markets offer high growth potential due to increasing urbanization and industrialization. A successful expansion into these regions could significantly increase Goodman's revenue and market share. The timeline for this expansion is estimated to be within the next 3-5 years.
- Development of Sustainable Properties: With increasing environmental awareness, there is a growing demand for sustainable properties. Goodman Group can capitalize on this trend by developing green buildings and implementing sustainable practices. This will not only attract environmentally conscious tenants but also reduce operating costs. The market for green buildings is expected to grow significantly in the coming years.
- Leveraging Technology: Goodman Group can leverage technology to improve its operations and enhance customer experience. This includes using data analytics to optimize property management, implementing smart building technologies, and developing online platforms for tenants. By embracing technology, Goodman can increase efficiency, reduce costs, and attract tech-savvy tenants.
- Strategic Partnerships: Forming strategic partnerships with other companies, such as logistics providers and e-commerce platforms, can create synergies and expand Goodman's reach. These partnerships can provide access to new markets, customers, and technologies. They can also help Goodman offer more comprehensive solutions to its customers.
- Increase in E-Commerce Logistics: The continued growth of e-commerce is driving demand for logistics facilities. Goodman Group is well-positioned to benefit from this trend by developing and managing logistics properties in strategic locations. The company can also offer customized solutions to e-commerce companies, such as warehousing and distribution services. This represents a significant growth opportunity for Goodman.
What Are GMGSF's Competitive Advantages?
- Global presence and established network of properties.
- Integrated own+develop+manage service offering.
- Significant investment management platform.
- Strong relationships with key customers and partners.
What Does GMGSF Do?
Goodman Group, an integrated property group, has established a significant global presence with operations spanning Australia, New Zealand, Asia, Continental Europe, the United Kingdom, North America, and Brazil. The company is structured as a stapled entity comprising Goodman Limited, Goodman Industrial Trust, and Goodman Logistics (HK) Limited. Goodman Group stands as the largest industrial property group listed on the Australian Securities Exchange and is recognized as one of the largest specialist investment managers of industrial property and business space worldwide. Founded with a vision to provide comprehensive property solutions, Goodman has evolved into a vertically integrated organization. Its core business encompasses owning, developing, and managing industrial properties, catering to the diverse needs of its customer base. The company's global property expertise, combined with its integrated service offering and investment management platform, enables it to deliver innovative property solutions. These solutions are tailored to meet the specific requirements of its customers, while also focusing on generating long-term returns for investors. Goodman's strategic focus on key industrial sectors and its commitment to sustainable development have solidified its position as a leader in the global property market.
What Products and Services Does GMGSF Offer?
- Owns industrial properties across multiple continents.
- Develops industrial and business space tailored to customer needs.
- Manages properties, providing comprehensive services to tenants.
- Offers integrated property solutions, combining ownership, development, and management.
- Operates a significant investment management platform.
- Creates innovative property solutions to meet customer requirements.
- Seeks to deliver long-term returns for investors.
How Does GMGSF Make Money?
- Generates revenue through property ownership and rental income.
- Earns fees from property development and management services.
- Manages investments in industrial properties on behalf of investors.
- Creates value by developing and managing high-quality industrial properties.
What Industry Does GMGSF Operate In?
Goodman Group operates within the REIT - Diversified industry, which is influenced by macroeconomic factors, interest rates, and global trade. The industry is experiencing growth due to the increasing demand for e-commerce and logistics facilities. Goodman Group's competitors include CRBJF (Cromwell Property Group), CTOUF (Charter Hall Group), GPTGF (GPT Group), MITEF (Mirvac Group), and MITEY (Mitsubishi Estate). Goodman Group's integrated business model and global presence provide a competitive advantage in this dynamic landscape.
Who Are GMGSF's Key Customers?
- Logistics companies requiring warehousing and distribution facilities.
- E-commerce businesses needing fulfillment centers.
- Businesses seeking industrial and business space.
- Investors looking for exposure to the industrial property market.
Company Profile
Goodman Group operates in the REIT - Industrial industry within the Real Estate sector. It is headquartered in Rosebery, AU. The company is led by CEO Gregory Goodman. GMGSF has traded publicly since 2012.
Goodman Group Financial Trajectory
Goodman Group (GMGSF) reported $1.47B in revenue for Q2 2026, reflecting 24.0% growth compared to the prior quarter. The company recorded net income of $1.95B, with diluted EPS of $0.94. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this large-cap Real Estate company. Across the four most recent quarters, GMGSF averaged $0.55 in diluted EPS.
How Goodman Group Is Valued
Goodman Group carries a market capitalization of $40.8B, placing it in the large-cap category.
Key Financial Metrics
Return on equity for Goodman Group stands at 7.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 5.6%, showing how much profit it generates from its asset base. GMGSF trades at a trailing price-to-earnings ratio of 37.40, above the Real Estate sector average of ~21x. Its free cash flow yield is 1.8%, a gauge of the cash the business throws off relative to its market value. Its earnings yield is 2.7%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Goodman Group's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 6.70 places it in the safe zone, indicating low near-term bankruptcy risk.
Earnings Track Record
Goodman Group has missed Wall Street's EPS estimate in 3 of its last 8 reported quarters — a mixed record worth weighing. Reported results have landed about 15.2% below estimates on average.
Forward Outlook
Wall Street analysts project Goodman Group revenue of about $2.13B for fiscal 2026, with EPS near $0.90. The estimate reflects 5 contributing analysts.
GMGSF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Global presence in key markets.
- Integrated business model.
- Strong financial performance.
- Experienced management team.
Bear Case
- Exposure to global economic fluctuations.
- Dependence on property market conditions.
- Competition from other property groups.
- Complexity of managing a global portfolio.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $1.47B | $1.95B | $0.94 |
| Q4 2025 | $1.18B | $824M | $0.39 |
| Q2 2025 | $256M | $867M | $0.45 |
| Q4 2024 | $1.95B | $800M | $0.40 |
Based on FMP financials and quantitative analysis
GMGSF Latest News
No recent news available for GMGSF.
GMGSF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for GMGSF.
Price Targets
Wall Street price target analysis for GMGSF.
GMGSF MoonshotScore
What does this score mean?
The MoonshotScore rates GMGSF 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Anthony Rozic
Unknown
Information on Anthony Rozic's background is not available in the provided data. Without specific details, it's impossible to provide a comprehensive bio regarding his career history, education, previous roles, or credentials. His role as a leader managing 900 employees suggests a significant level of experience in the property sector.
Track Record: Due to the limited information available, it is impossible to assess Anthony Rozic's track record. Key achievements, strategic decisions, and company milestones under his leadership cannot be determined from the provided data. Further research would be needed to evaluate his performance and contributions to Goodman Group.
GMGSF OTC Market Information
The OTC Other tier, where GMGSF trades, represents the lowest tier of the OTC market. Companies in this tier may not meet minimum financial standards, reporting requirements, or other listing qualifications of higher tiers like OTCQX or OTCQB, or major exchanges like NYSE or NASDAQ. This tier often includes companies with limited operating history or those facing financial difficulties. Investors should exercise caution and conduct thorough due diligence before investing in OTC Other stocks.
- OTC Tier: OTC Other
- Limited liquidity: Lower trading volumes can lead to difficulty in buying or selling shares.
- Lack of transparency: Limited or no financial reporting requirements increase information asymmetry.
- Price volatility: OTC stocks can be more susceptible to price swings due to lower trading volumes.
- Regulatory oversight: Reduced regulatory scrutiny compared to major exchanges.
- Potential for fraud: Higher risk of fraudulent schemes due to less stringent listing requirements.
- Verify the company's registration and legal standing.
- Obtain and review available financial statements, if any.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before making any investment decisions.
- Established global presence in multiple countries.
- Largest industrial property group listed on the Australian Securities Exchange.
- Integrated own+develop+manage service offering.
- Significant investment management platform.
Common Questions About GMGSF (Real Estate)
What does Goodman Group do?
Goodman Group is an integrated property group that specializes in owning, developing, and managing industrial properties and business space globally. It operates across Australia, New Zealand, Asia, Europe, the United Kingdom, North America, and Brazil. The company's integrated business model allows it to provide comprehensive solutions to its customers, from property development to ongoing management.
What are the main risks for GMGSF?
The main risks for Goodman Group include fluctuations in global economic conditions, which can impact property values and rental income. Changes in interest rates can also affect the company's borrowing costs and investment returns. Increased competition from other property groups and geopolitical risks in the regions where it operates pose additional challenges. Furthermore, evolving environmental regulations could increase compliance costs and impact the company's sustainability efforts.
What are the key factors to evaluate for GMGSF?
Evaluate GMGSF on fundamentals, analyst consensus, and risk factors. Goodman Group presents a compelling investment case driven by its global presence in the industrial property sector and its integrated business model. Not financial advice.
How frequently does GMGSF data refresh on this page?
GMGSF's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven GMGSF's recent stock price performance?
Goodman Group (GMGSF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Global presence in key markets. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider GMGSF overvalued or undervalued right now?
Goodman Group (GMGSF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research GMGSF before investing?
Before investing in Goodman Group (GMGSF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding GMGSF to a portfolio?
Key strength of Goodman Group (GMGSF): Global presence in key markets. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC data may be limited and less reliable than exchange-listed data.
- AI analysis is pending and may provide further insights.