Growthpoint Properties (GRT.JO) Stock Price
Growthpoint Properties Price
Over the last 19 years Growthpoint Properties grew revenue by 9.3% annually, reaching 12.90 B ZAR. Earnings per share have grown at 50.2% per year over the last 19 years. For Growthpoint Properties, the net margin of 58.7% is down versus 60.8% a few years ago. At today's price the dividend yield works out to roughly 8.39%. The payout ratio is around 193% of earnings. The dividend has grown at 3.9% per year over the past 19 years. The consensus 12-month price target for Growthpoint Properties is 18.97 ZAR, about 22.9% above where the stock trades today. Of 9 analysts, 7 rate the stock a buy — an overall Buy consensus.
Growthpoint Properties stock price
Growthpoint Properties business model & stock analysis
Frequently asked questions about Growthpoint Properties
The business model of Growthpoint Properties Ltd is focused on commercial property investment and development. As a leading property company based in South Africa, Growthpoint Properties specializes in the acquisition, management, and development of a diverse portfolio of high-quality properties. Its business model is centered around generating long-term income from leasing these properties to a wide range of tenants, including commercial, industrial, and retail occupants. By maintaining a well-balanced and geographically diversified portfolio, Growthpoint Properties strives to maximize rental income, enhance property values, and provide sustainable returns to its shareholders.
Growthpoint Properties Ltd is primarily active in the real estate industry.
The main competitors of Growthpoint Properties Ltd in the market are Redefine Properties Limited, Vukile Property Fund Limited, and Investec Property Fund Limited.
Growthpoint Properties Ltd is a leading South African real estate investment trust (REIT). Established in 1987, Growthpoint has grown to become the largest REIT in South Africa and holds quality assets in various sectors, including office, retail, industrial, and residential properties. With a diverse property portfolio and a successful track record spanning over three decades, Growthpoint has positioned itself as a trusted and reliable player in the real estate sector. The company's commitment to sustainable long-term growth has contributed to its strong financial performance and reputation in the market.
Growthpoint Properties Ltd has achieved several significant milestones throughout its history. Some notable achievements include the successful acquisition of various prime properties, expansion of its real estate portfolio, and consistent growth in its financial performance. The company has also established strategic partnerships and joint ventures, allowing it to penetrate new markets and enhance its global presence. Additionally, Growthpoint Properties Ltd has received recognition for its commitment to sustainability and responsible business practices. These achievements have reinforced the company's position as a leading player in the real estate industry, contributing to its continued success and profitability.
Growthpoint Properties Ltd is primarily present in South Africa, with a focus on its local market. As the largest South African listed REIT (Real Estate Investment Trust), Growthpoint Properties Ltd has a diversified property portfolio that spans across various sectors, including retail, office, and industrial properties. With a strong presence in major cities like Johannesburg, Cape Town, and Durban, the company plays a significant role in the South African real estate market.
Growthpoint Properties Ltd represents a strong emphasis on integrity, sustainability, and long-term value creation. The company's corporate philosophy revolves around delivering superior investment returns for shareholders, while also prioritizing the well-being of communities and the environment. With a commitment to innovation and excellence, Growthpoint Properties Ltd strives to provide premium property assets and best-in-class services. The company's dedication to responsible business practices and ethical conduct sets them apart, earning the trust of investors and stakeholders. By continuously focusing on growth and maintaining a customer-centric approach, Growthpoint Properties Ltd aims to be a leading player in the real estate industry.
Analysts currently set an average price target of 19.39 ZAR for the Growthpoint Properties stock (median: 18.97 ZAR), implying +25.6 % versus the latest price. The consensus is based on 9 analyst ratings.
9 analysts currently rate the Growthpoint Properties stock: 5 recommend buying, 4 holding and 0 selling.
Converted at the current exchange rate, the Growthpoint Properties share trades at 0.84 EUR (15.44 ZAR).
The Growthpoint Properties share (GRT.JO) is listed on 4 stock exchanges, including: JSE (Johannesburg) (GRT.JO), Frankfurt (G5JA.F), München (G5JA.MU).
Growthpoint Properties Ltd is one of the leading real estate companies in South Africa and invests in various sectors such as office, retail, industrial and logistics properties, as well as development projects. The company's business model is based on a diversified portfolio that generates regular profits and growth. Growthpoint Properties focuses on investing in prime properties in prime locations. Through a solid portfolio strategy and effective asset management, the company has achieved continuous growth in South Africa and other countries around the world in recent years. One of the key components of Growthpoint Properties' business model is offering a wide range of products that meet the needs of different customers. The company has a variety of properties tailored to the needs of retailers, office workers, logistics companies, and other specialized customers. By providing customized solutions, the company is able to meet the needs of its customers optimally and build long-term relationships. Growthpoint Properties also has a strong presence in the South African retail property market. The company owns and operates numerous shopping centers throughout South Africa, ranging from small shopping centers to larger regional centers. The company aims to meet the needs of customers in this market segment by focusing on creating customer-centric shopping experiences. Additionally, the company has built a portfolio of industrial and logistics properties to meet the requirements of warehouse and logistics companies. The industrial properties have specialized features tailored to the needs of manufacturing companies. The logistics portfolio also includes customized solutions for large and small companies. Growthpoint Properties also offers services to companies that want to manage their properties. The company has a wide range of asset management solutions tailored to the needs of retailers, offices, or logistics companies. Growthpoint Properties' asset management services include a wide range of services such as developing or repurposing properties. The company is also committed to expanding its presence in international markets. Growthpoint Properties has operations in various countries around the world, such as Australia, Poland, Romania, and the USA. The company plans to continue expanding into new markets and regions. In summary, Growthpoint Properties Ltd is a leading real estate company in South Africa that utilizes its diversified portfolio and tailored solutions to meet the needs of customers in different markets. The company seems well-positioned to continue its success in the future and expand into new markets by leveraging the strengths of its business model and growth strategy in South Africa and internationally.
The revenue of Growthpoint Properties is 12.90 B ZAR. This figure is based on current financial data and reflects the company's business performance.
The profit of Growthpoint Properties is 7.57 B ZAR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Growthpoint Properties is currently 6.97. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Growthpoint Properties stock.
The price-to-sales ratio (P/S) of Growthpoint Properties is currently 4.09. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Growthpoint Properties stock.
The Eulerpool Quality Score for Growthpoint Properties is 3/10.
The ISIN of Growthpoint Properties is ZAE000179420. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Growthpoint Properties is A1W3J7. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Growthpoint Properties is GRT.JO. The ticker symbol is used to trade Growthpoint Properties shares on the stock exchange.
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All fundamentals and in-depth analysis of Growthpoint Properties
Our stock analysis for Growthpoint Properties stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Growthpoint Properties. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.