Goodman Group (ASX:GMG) Enterprise Value: A$64,112 Mil (As of Jul. 03, 2026) ***


ASX:GMG Goodman Group ASX:GMG
86 GF Score
Price A$30.78
GF Value A$44.63
Valuation Possible Value Trap
! 6 Warning Signs
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What is Goodman Group Enterprise Value?

Goodman Group ASX:GMG -0.39% 86 Enterprise Value is A$64,112 Mil as of Jul. 03, 2026. GuruFocus rates ASX:GMG with a GF Score™ of 86/100 and a GF Value™ of A$44.63 (Possible Value Trap). The stock has 6 warning signs investors should review.

Think of Enterprise Value as 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, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Goodman Group's Enterprise Value is A$64,112 Mil. Goodman Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,799 Mil. Therefore, Goodman Group's EV-to-EBIT ratio for today is 35.63.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Goodman Group's Enterprise Value is A$64,112 Mil. Goodman Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,799 Mil. Therefore, Goodman Group's EV-to-EBITDA ratio for today is 35.63.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Goodman Group's Enterprise Value is A$64,112 Mil. Goodman Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,943 Mil. Therefore, Goodman Group's EV-to-Revenue ratio for today is 33.00.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Goodman Group's Enterprise Value is A$64,112 Mil. Goodman Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,212 Mil. Therefore, Goodman Group's EV-to-OCF ratio for today is 52.91.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Goodman Group's Enterprise Value is A$64,112 Mil. Goodman Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,169 Mil. Therefore, Goodman Group's EV-to-FCF ratio for today is 54.84.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Goodman Group  (ASX:GMG) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Goodman Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=64112.030/1799.4
=35.63

Goodman Group's current Enterprise Value is A$64,112 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Goodman Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,799 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Goodman Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=64112.030/1799.4
=35.63

Goodman Group's current Enterprise Value is A$64,112 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Goodman Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,799 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Goodman Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=64112.030/1942.8
=33.00

Goodman Group's current Enterprise Value is A$64,112 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Goodman Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,943 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Goodman Group's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=64112.030/1211.8
=52.91

Goodman Group's current Enterprise Value is A$64,112 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Goodman Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,212 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Goodman Group's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=64112.030/1169.1
=54.84

Goodman Group's current Enterprise Value is A$64,112 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Goodman Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,169 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.


Goodman Group Enterprise Value Related Terms


Goodman Group Enterprise Value Historical Data

* Premium members only.

The historical data trend for Goodman Group's Enterprise Value can be seen below:

* 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 Group Enterprise Value Chart

Goodman Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40,343.97 35,175.90 39,808.77 67,934.27 70,864.51

Goodman Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50,063.30 67,934.27 72,502.38 70,864.51 64,520.99

ASX:GMG vs VICI, WPC, BNL: Enterprise Value Comparison

For the REIT - Diversified subindustry, Goodman Group's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Group Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, Goodman Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Goodman Group's Enterprise Value falls into.


ASX:GMG
86GF Score
Goodman Group ASX:GMG
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Goodman Group Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Goodman Group's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as

Goodman Group's Enterprise Value for the quarter that ended in Dec. 2025 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of A$64,112 Mil mean?
Goodman Group (ASX:GMG) has a Enterprise Value of A$64,112 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Goodman Group and its competitors.
Is Goodman Group's Enterprise Value too high?
Goodman Group's current Enterprise Value is A$64,112 Mil. Overall, Goodman Group has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Goodman Group's Enterprise Value compare to VICI and WPC?
Goodman Group's Enterprise Value of A$64,112 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Goodman Group and its competitors. Goodman Group's current Enterprise Value is A$64,112 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman Group stock overvalued right now?
Based on GuruFocus' analysis, Goodman Group (ASX:GMG) is currently considered Possible Value Trap. The stock's GF Value™ is A$44.63, compared to a current price of A$30.78 — trading 31% below its estimated fair value. The current Enterprise Value is A$64,112 Mil. Goodman Group's overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Goodman Group (ASX:GMG), the current Enterprise Value is A$64,112 Mil as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Goodman Group (ASX:GMG) Overvalued in 2026?

Based on GuruFocus' analysis, Goodman Group stock appears to be undervalued. The current stock price of A$30.78 is trading 31% below its estimated GF Value™ of A$44.63. GuruFocus considers Goodman Group to be Possible Value Trap.

Key valuation signals for ASX:GMG:

  • Enterprise Value: A$64,112 Mil
  • GF Value™: A$44.63 vs. price of A$30.78 (31% below fair value)
  • GF Score™: 86/100 with 6 warning signs

No single metric tells the full story. See the ASX:GMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goodman Group Business Description

Industry Real EstateREITs
Other Exchanges GMGSF:USAMY4:Germany
Address 1-11 Hayes Road, The Hayesbery, Rosebery, GPO Box 4703, Sydney, NSW, AUS, 2018
Goodman Group owns, manages, and develops industrial properties in 13 countries, historically in Australia but increasingly worldwide. Around half of its operating earnings come from development, a third from management, and the rest from property investment. Most developments are undertaken on behalf of third parties or fund investors. Goodman earns fees in return for development management services. Completed projects are either sold or reside in one of Goodman's funds or partnerships. Goodman typically retains ownership stakes in the investment vehicles and continues to manage the sites after completion, collecting investment management base fees, performance fees, property services fees, and a share of rental income.
86GF Score

Get the complete analysis for ASX:GMG

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$30.78
Price
A$44.63
GF Value