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The GPT Group (GPT) Fair Value & Analysis

Real Estate · AU · Market cap A$9.1B

TG The GPT Group GPT · AU
PriceA$5.11
Fair ValueA$3.49
Upside-31.7%
Quality95/100
Evidence: High Range A$2.62 – A$4.51

Fair value as of: Jun 26, 2026

From 25 valuation models · updated 4 days ago

Fair value updated Jun 26, 2026 — revised from A$4.70 to A$3.49 (−25.7%) since Jun 24, 2026. Share price +0.6% over the past month.

Price vs Fair Value (12 months)

A$5.87 A$4.65 Fair Value A$3.49 Jun 2025 Jun 2026

12‑month range A$4.65 – A$5.87 · fair‑value band A$2.62 – A$4.51 · the A$5.11 price screens above the A$3.49 fair value. As of Jun 26, 2026.

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Analysis

The GPT Group (GPT) currently trades at A$5.11, while our model-based Fair Value estimate is A$3.49 — implying the stock looks roughly 31.7% overvalued today. We read business quality at 95/100 (high quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, The GPT Group generated revenue of A$1.0B at a net margin of 94.5%. Revenue declined 5.2% year over year. It earns a return on equity of 9.5%. Net debt stands at A$5.5B. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$1.0B
Revenue growth (YoY) -5.2%
Net margin 94.5%
Return on equity 9.5%
Free cash flow A$601M FY2025
P/E ratio 9.3
More key figures
Operating margin 61.5%
EPS (TTM) A$0.5100
Dividend yield 5.1%
EPS growth (YoY) +1,256%
Net debt A$5.5B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

The GPT Group is one of Australia's leading property groups, with assets under management of $34.1 billion across a portfolio of high quality retail, office and logistics assets. The GPT Group (GPT) is a stapled entity comprised of the General Property Trust (the Trust) and its controlled entities and GPT Management Holdings Limited (the Company) and its controlled entities. General Property Trust is a registered scheme, registered and domiciled in Australia. GPT RE Limited (GPTRE) is the Responsible Entity of the General Property Trust. GPT Management Holdings Limited (GPTMHL) is a company limited by shares, incorporated and domiciled in Australia. GPTRE Limited is a wholly owned entity of GPT Management Holdings Limited. The GPT Group was incorporated in 1959 in Austalia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

The GPT Group reported revenue of A$1.0B in FY2025 versus A$795M in FY2021, a compound +6.7%/yr. Reported net income was A$981M in FY2025, compounding −8.9%/yr from FY2021.

Revenue +6.7%/yr
FY21 A$795M
FY22 A$816M
FY23 A$900M
FY24 A$989M
FY25 A$1.0B
Net income −8.9%/yr
FY21 A$1.4B
FY22 A$469M
FY23 −A$240M
FY24 −A$201M
FY25 A$981M

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Frequently asked questions

Is The GPT Group (GPT) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$3.49 versus a price of A$5.11 — about −32% (overvalued). Model-based estimate, not financial advice.
What is the fair value of GPT?
Our 21-model fair value for The GPT Group is A$3.49 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$5.11.
What is the quality score of GPT?
The GPT Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of The GPT Group (GPT)?
The GPT Group reported trailing-twelve-month revenue of about A$1.0B (latest available figure, as of Jun 26, 2026).
What is the net profit margin of GPT?
The net profit margin of The GPT Group is about 94.5%, meaning it keeps roughly 94.5% of revenue as net income. Based on the latest reported figures.
Does The GPT Group pay a dividend?
The GPT Group currently shows a dividend yield of about 5.13% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.