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GMG and SHL shares: 2 ASX shares to watch
Rask Mediaยท 2025-09-29 06:27
Group 1: Goodman Group (GMG) - Goodman Group's share price has decreased by 8.3% since the start of 2025, and it is the largest ASX-listed property group operating in key markets including Australia, New Zealand, the UK, Japan, the US, and Brazil [1][5] - The company focuses on large-scale logistics facilities, warehouses, and business parks, aiming to foster long-term relationships with customers while delivering sustainable assets [2] - For FY24, Goodman Group reported a debt/equity ratio of 21.2%, an average dividend yield of 1.3% per year over the last 5 years, and a return on equity (ROE) of 0.1%, which is below the expected level for a mature business [6] Group 2: Sonic Healthcare (SHL) - Sonic Healthcare, listed in April 1987, is one of the world's largest pathology businesses with operations in Australia, New Zealand, Europe, and North America, offering various medical services [3][4] - Over the last 3 years, Sonic Healthcare has increased its revenue at a rate of 0.8% per year, reaching $8,967 million in FY24, while net profit has decreased from $1,315 million to $511 million, with a reported ROE of 6.8% [8] - The company aims to act in the best interests of its doctors and patients, providing medical excellence and being a desirable workplace [4]