Risk factor
Limited trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Growthpoint is an international property company that provides space to thrive incorporating innovative and sustainable property solutions. Growthpoint is the largest South African (SA) primary JSE-listed REIT with a quality portfolio of 492 (FY24: 511) properties across three major business units: Directly held – SA portfolio; Offshore investments; Third-party fund management business – Growthpoint Investment Partners (GIP). Growthpoint Properties Limited was incorporated on 12th October 1987 in South Africa.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of GRT.JO is 1700 and suggests 8.52% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat