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]

Group 1: Company Overview - Xero Ltd, founded in 2006 in Wellington, New Zealand, has become a global leader in cloud-based accounting software, employing over 3,000 people and serving millions of subscribers worldwide [2] - Goodman Group, established in 1989, is a leading global property group that owns, develops, and manages real estate assets across multiple continents, operating in key markets including Australia, New Zealand, the UK, Japan, the US, and Brazil [4] Group 2: Product and Service Offerings - Xero's accounting software is designed for accountants and bookkeepers, providing real-time financial data accessible on any device, which empowers small business owners and their advisors with up-to-date insights [3] - Goodman Group focuses on large-scale logistics facilities, warehouses, and business and office parks, aiming to foster long-term relationships with customers while delivering high-quality, sustainable assets [5] Group 3: Financial Performance Metrics - Xero has achieved a revenue growth rate of 26.4% per year since 2021, reaching $1,714 million in FY24, with net profit increasing from -$9 million to $175 million during the same period, and a reported ROE of 14.3% [7] - Goodman Group reported a debt/equity ratio of 21.2% in FY24, indicating more equity than debt, and has paid an average dividend yield of 1.3% per year since 2020, with an ROE of 0.1% in FY24, which is below the expected level for a mature business [8][9]

Reece Ltd (REH) - Reece Limited is Australia's largest supplier of plumbing and bathroom products, serving the nation for over a century [1] - The company has diversified its offerings to include products and services for irrigation, pools, civil construction projects, and HVAC systems [2] - For FY24, Reece reported a debt/equity ratio of 47.2%, indicating more equity than debt [6] - Over the last 5 years, Reece has delivered an average dividend yield of 1.1% per year, which is significant for income-focused investors [7] - Reece's return on equity (ROE) for FY24 was 11.2%, surpassing the typical threshold of 10% for mature businesses [7] HUB24 Ltd (HUB) - HUB24 is a leading player in the wealth management software industry, providing diversified solutions across financial advice, superannuation, and investment management [3] - The main products of HUB24 include the HUB24 platform, Class software for self-managed super funds, and myprosperity for accountants and advisers [4] - HUB24's competitive advantage lies in the quality of its service, having been awarded Overall Best Platform in the Adviser Ratings Financial Advice Landscape Report for 2024 [5] - Over the last 3 years, HUB has achieved a revenue growth rate of 44.4% per year, reaching $328 million in FY24 [9] - HUB's net profit increased from $10 million to $47 million, with a reported ROE of 9.2% [9]