Goodman Property Trust's quarterly market cap
increased
from Sep. 2022 (NZ$2,806.6 Mil) to Mar. 2023 (NZ$3,003.1 Mil) but then
declined
from Mar. 2023 (NZ$3,003.1 Mil) to Sep. 2023 (NZ$2,968.0 Mil).
Goodman Property Trust's annual market cap
increased
from Mar. 2021 (NZ$3,144.1 Mil) to Mar. 2022 (NZ$3,297.6 Mil) but then
declined
from Mar. 2022 (NZ$3,297.6 Mil) to Mar. 2023 (NZ$3,003.1 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Goodman Property Trust's Enterprise Value for Today is NZ$4,570.8 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Goodman Property Trust's Market Cap
For the REIT - Industrial subindustry, Goodman Property Trust's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Goodman Property Trust's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Goodman Property Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where Goodman Property Trust's Market Cap falls into.
Goodman Property Trust Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Goodman Property Trust's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Goodman Property Trust (NZSE:GMT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Goodman Property Trust Market Cap Related Terms
Thank you for viewing the detailed overview of Goodman Property Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Goodman Property Trust (NZSE:GMT) Business Description
Goodman Property Trust is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment strategy is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NZSE:GMT has been successfully added to your 