Growthpoint is a Real Estate Investment Trust (REIT) and is the largest South African listed property company which owns a property portfolio of 369 directly owned properties in South Africa valued at R64.1bn, 58 properties valued at R61.8bn through its 63.7% investment in Growthpoint Properties Australia Limited (GOZ), five properties valued at R8.5bn through a 62.4% investment in Capital & Regional Plc (C&R), a 50% interest in the properties of the V&A Waterfront, valued at R10.1bn, a 29.5% interest in the properties of Globalworth Real Estate Investment Limited (GWI), valued at R17.4bn, a 39.1% interest in the properties of Growthpoint Healthcare Property Holdings (RF) Limited (GHPH) valued at R3.7bn, a 14.3% interest in the properties of Growthpoint Student Accommodation Holdings (RF) Limited (GSAH) valued at R2.7bn and a 18.4% interest in the properties of Lango Real Estate Limited (Lango) valued at R2.1bn.
Metrics to compare | GRTJ | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipGRTJPeersSector | |
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P/E Ratio | 35.3x | 7.3x | 7.5x | |
PEG Ratio | −0.77 | 0.05 | 0.01 | |
Price/Book | 0.7x | 0.7x | 0.9x | |
Price / LTM Sales | 3.1x | 3.6x | 4.0x | |
Upside (Analyst Target) | 3.5% | 9.0% | 15.3% | |
Fair Value Upside | Unlock | −6.5% | 0.4% | Unlock |