Deep dive · OTC Markets OTCPK: GPTGF
The GPT Group stock analysis
Everything behind the call on The GPT Group. 6 sections, ordered the way risk stacks up: survival first, quality and price in the middle, context last. The Beacon gives you the read. This is where you check the work.
The five reads
Global tape
No overseas listings — GPTGF trades on its home exchange only.
The bottom linestart hereAs of 2026-09-18
Chart pattern
Between the averages
The 50-day sits below the 200-day
50-day $3.41 · +0.1%
200-day $3.45 · -1.0%
200-day $3.45 · -1.0%
Earnings
In 147 days
15 Feb 2027
cohort P(beat) 61% · n=139,757
Dividend
4.99%
Forward annual yield at today's price
Risk flags
1 critical
5 checks run, 2 clear
beta 0.03 · vol 1% ann.
worst drawdown -26%
worst drawdown -26%
New to this? Every metric carries a plain-English read beside it, and an ⓘ next to a label opens the definition. Anything unfamiliar is also defined at the foot of the page under Glossary.
In one paragraphwhat the company actually does188 chars
The GPT Group is one of Australia's leading property groups, with assets under management of 34.1 billion US dollars across a portfolio of high quality retail, office and logistics assets.
OTC Markets OTCPK · USDDiversified REITs
$3.41+0.01 · +0.29%PRE · vol 100
52-week range↑ 20% off low · ↓ 11.0% off high
$2.84now $3.41$3.83
Quote Sep 17, 2026 · 4:00 PM ET
Tape 2026-09-18
Factors 2026-09-18
Tape 2026-09-18
Factors 2026-09-18
01
Survival & solvency
and 2 of 5 forensic checks clear.
↳ Plain EnglishBefore anything else: can this company pay its bills? These blocks check the balance sheet, whether your slice of ownership is being diluted, and whether the accounting looks honest.
Piotroski F-score
F 4/7WATCH
Piotroski F-score 4 of 7. Nine pass/fail tests covering profitability, leverage and operating efficiency; seven or more is strong.
Balance sheetSep 21, 2026
Solvency and liquidity ratios
Current ratioshort-term assets against short-term bills0.25×healthy >2
Debt / equityborrowings against shareholder capital0.52
Net debtborrowings in excess of cash on hand$5.43B
Your ownership stake
Share-count growth vs peersLOW DILUTION
25th pctile
Where this name's share-count growth ranks among peers. Lower is less dilutive.
Accounting forensicsSEC filings
Red-flag x-rayGRADE C
62 / 100
1 critical · 1 watch · 2 clear of 4 scored tests
Red-flag x-ray · every check, passes included
CheckStatusValueWhat it looks for
Bankruptcy distressCRITICALZ 1.02Altman-Z in the distress zone · fundamentals
Earnings manipulationNAn/aBeneish-M not applicable to this sector · fundamentals
LeverageCLEARLTD/E 0.46long-term debt 0.46× equity · fundamentals
Profitability qualityWATCHF 4/7Piotroski F-score 4 of 7 · fundamentals
Filing forensicsCLEAR0 flagsno filing red flags on the latest 10-K · forensic
5 checks, 2 clear and 1 watch and 1 critical. The passes are shown because a score built from five checks means something different from one built from three.
02Refreshed · Sep 21, 2026FAIR · 56/100
Business quality
95% net margin, 9% return on equity, +4% revenue growth, and capital earning 4% against a 5% cost.
↳ Plain EnglishMargins tell you how much of each sales dollar the company keeps. Return on capital tells you whether reinvesting that money creates value. Both are read against what the filings support, not against a target.
Quality score
56 / 100FAIR
Profitability, growth and balance strength scored separately, then blended.
ProfitabilityRefreshed · Sep 21, 2026
Net marginOF EVERY SALES DOLLAR
95.1%
The share of revenue that survives every cost and becomes profit.
Gross marginPRICING POWER
65.6%
What is left of a sales dollar before overhead — the clearest read on pricing power.
Operating marginAFTER RUNNING COSTS
62.4%
What survives the cost of running the whole business.
Return on equityPER $1 OF EQUITY
9.2%
Annual return on each dollar of shareholder equity.
ROIC − WACC spreadDESTROYS VALUE
-1.2pp
Earns 4% on invested capital that costs about 5%. A positive spread means every retained dollar compounds rather than leaks.
Growth & relative strength
Trailing return by period
1 month-0.3%
3 months-6.3%
6 months-4.0%
Year to date-1.2%
1 year-2.9%
Revenue growth (YoY)GROWING
+4.4%
Revenue against the same period a year ago.
12-1 momentumEX LAST MONTH
-2.6%
Return over the last year excluding the most recent month — the standard momentum factor, which drops the short-term reversal.
Relative-strength rankBOTTOM 41%
41 / 100
Where this name's 3-month return against the S&P 500 ranks across the market — a quarter's standing, not the year's.
Around earnings
P(beat next quarter)COHORT BASE RATE
61%
survivor-tilted universe (currently-listed names; large-cap-skewed coverage)
Typical earnings moveData unavailableRealized move magnitudes are not published for this name yet — no measured print on file.
Reaction: beat vs missData unavailableThe beat-versus-miss reaction gap is not computed for this name — undetermined — needs ≥12 measured beats.
Consensus biasVALIDATED
Persistent
insufficient surprise history
Next reportIN 147 DAYS
15 Feb 2027
Reports amc · revenue 0.00
Dividends & income
Dividend yieldforward annual
4.99%
The cash return the payment alone provides at today's price.
Cash coveragefree cash flow
1-2x
Whether the payment is funded out of the cash the business generates.
Inventory ledger
Data unavailableNo inventory detail is tagged in this company's filings. The ledger needs the XBRL inventory components, which a business without physical goods does not report.
Segments & geography
Data unavailableRevenue by segment and region is not on file for this name, so product and geographic concentration are not shown.
Pattern reliability · platform-wide cohortSnapshot · Sep 21, 2026
Sideways
HorizonHigherMedianObservations
10d47%0.0%1,479,705
21d49%0.0%695,010
63d51%+0.1%220,093
slope -0.00 over 40 bars
Dragonfly doji · leans bullish
HorizonHigherMedianObservations
10d36%0.0%507,560
21d40%0.0%237,486
63d44%0.0%73,638
long lower shadow, open=close near high
Double bottom · leans bullish
HorizonHigherMedianObservations
10d49%0.0%1,247,184
21d50%0.0%586,365
63d51%+0.3%185,394
two troughs ≈ equal — reversal if neckline breaks
Rsi oversold · leans bullish
HorizonHigherMedianObservations
10d46%0.0%225,518
21d48%0.0%106,358
63d50%0.0%33,595
RSI 19 ≤ 30
03
Price & timing
Price $3.41, RSI 19.
↳ Plain EnglishA multiple is what the market charges for a dollar of this company's earnings, cash or revenue; the trend and the options tape say what the price is doing around it. Together they are the timing picture, not the quality one.
Trend
Mixed2 OF 3 AVERAGES
50-day $3.41 · 200-day $3.45. Price above both is the structural definition of an uptrend.
The setup right now
Price · 504 sessions2024-09-16 → 2026-09-18
price50-day200-day
How to read this
Up 0.29% on the session.
Follow the solid line: each point is a session close. Compare it to the 50-day average — while price stays above it the short-term trend is up, and a drop below is the first structural warning.
Momentum (RSI-14)OVERSOLD
19
030 oversold70 hot100
Where momentum sits on a 0–100 scale. Above 70 is overbought, below 30 oversold; the middle says the move has room either way.
Typical day (ATR-14)±0.0%
$0.00
The average true range — how far this stock moves on an ordinary day. It sets the scale a stop has to clear.
MACDABOVE SIGNAL
0.00
The short-term trend against its own signal line. The sign is the read; the size is not a target.
Bollinger position100% OF RANGE
Upper band
Where price sits inside its own volatility band. The edges are where a move is stretched, not where it reverses.
20-day VWAPPRICE ABOVE
$3.40
The volume-weighted average of the last month. Price above it means recent buyers are, on average, in profit.
Chandelier exitBROKEN
$3.41
A volatility-based trailing stop, set a few average ranges below the recent high.
15 Feb 2027 · in 147 daysNext earningsThe next scheduled catalyst. The forward guide usually moves the tape more than the printed number. Date as the vendor last stated it on 19 Aug; companies confirm about three weeks ahead, so it can still move.
2026-09-25 · in 4 daysConsumer SentimentA scheduled macro release. It moves this stock independently of anything the company does.
Setup & oddsNightly
Pullback riskoverstretch read
Low0.77× segment rate · n=11,137
Historically, mid names in this tape state saw a ≥10% pullback within 63 trading days in 61% of cases (n=11,137).
Overstretchvs the 20-day mean
-0.4σ
How many standard deviations price sits from its 20-day mean. Beyond 2σ is genuinely stretched; inside it is ordinary.
Slide scorefalling-knife check
23 / 100Neutral
A composite of consecutive down days, gap risk and volume expansion. Low means any decline is orderly.
Valuation
Earnings yield vs cashABOVE CASH
6.50pp
The earnings yield clears the risk-free rate, so the current return alone competes with cash.
Net cash per shareNET DEBT
$-2.83
Cash less every borrowing, per share. It is the part of the price that is not a claim on future profits.
Multiples
Trailing P/Eearnings already reported8.7×
Price / salesprice against revenue, before any of it becomes profit6.3×
Price / bookprice against the accounting value of the assets0.6×
EV / EBITDAthe multiple an acquirer would pay9.6×
EV / free cash flowenterprise value against the cash the business throws off19.9×
FCF yieldfree cash flow per dollar of market value9.23%
1 of the 6 priced multiples above sits in the richer half of its band. Each priced multiple is read against this stock's own history where a five-year range is on file, so the question is whether today is dear for this name rather than for the market. The multiples are computed separately from the quote above and are not re-priced as it moves, so they can lag it.
Price horizon & timingSep 18, 2026
Target52-week high
$3.83$4–$4
A zone, not a price. It is where the composer expects supply, not a forecast.
Measure from a price$
To the 50-day
-0.1%
short-term trend line · $3.41
To the 200-day
+1.1%
primary trend line · $3.45
To the composer's target
+12.3%
52-week high · set Sep 18, 2026 · $3.83
To the 52-week high
+12.3%
highest print of the past year · $3.83
To the 52-week low
-16.7%
lowest print of the past year · $2.84
A typical day (ATR)
$3.41 – $3.41
±$0.00 average true range
Type any price to re-measure every distance from it. Each row is a level this page already states somewhere else, so nothing here is a new number — and none of it is a recommendation to trade at that price.
Gamma map
Data unavailableThis name has no listed options chain, so there is no dealer gamma to map. Regime, flip level, walls and the implied move all need a chain to exist.
Options tape
Data unavailableNo options chain is connected for this ticker. Max pain, the put/call ratio, the implied move and the open-interest ladder all need the chain feed.
0413F quarterly · Form 4 dailyNET SIGNAL 0
Ownership & flow
Institutions hold 58%.
↳ Plain EnglishWho is buying and selling, and what they had to disclose. Institutions file 13F 45 days after quarter end, executives file Form 4 within two days, and Congress discloses under the STOCK Act with a 30–45 day legal lag. Every one of those is a look backwards.
Institutional ownership
58.2%RETAIL-HEAVY
The share held by 13F filers. It describes last quarter's positioning, not today's — filings land up to 45 days after quarter end.
The QTick signal
Data unavailableNo factor in the model scored for this name, so there is no net signal to show. The signal appears once the nightly factor run covers it.
Cross-category read
Data unavailableFewer independent evidence families are ready than the engine's minimum, so there is nothing to check for agreement. A cross-category read over two categories is not a read.
Wall Street
Data unavailableNo sell-side firm publishes research on this name. There is no consensus rating, no price target and no estimate revisions to weigh — for a company this size that is the norm rather than a gap in our data.
Who owns it13F quarterly · Form 4 daily
Insider ownershipOFFICERS & DIRECTORS
0.1%
The share held by the people running the company.
Free float100% OF SHARES
1.91B
Shares actually available to trade, excluding insider and restricted holdings.
Dollar volume (ADV)4th PCTILE
$181/day
Average dollars traded per day, and where that ranks cross-sectionally. Thin liquidity is a cost you pay on the way out, not just on the way in.
Borrow feeData unavailableWe do not license securities-lending data, so the annualized cost of borrowing shares to short is not something we can show. Short interest and days-to-cover above are the closest read we can source.
The story · news & sentimentRolling window
Why it moved on Sep 18, 2026NONE
+0.29%
GPTGF was little changed +0.29% since the last close — no notable catalyst, and the move itself was modest.
Congress
Data unavailableNo congressional trades in this name have been disclosed under the STOCK Act. Lawmakers' disclosed trades cluster heavily in large caps, so an empty list is the usual state.
050 graded callsORDINARY VOLATILITY
Risk & track record
Beta 0.03, 1% annual volatility, a -26% worst drawdown, and 4 of 8 risk surfaces clear.
↳ Plain EnglishWhat owning it does to a portfolio, what the model votes against, and how often our own calls have been right. Every call is graded when it resolves, and the ones still open stay visible.
Max drawdown
-25.8%WORST FALL
The deepest peak-to-trough fall in the measured window. Only hold a position you can watch do this.
What it does to a portfolio5-year window
Beta (vs the market)LOW FIT
0.03
The market explains about 0.0% of its daily moves, so this beta says little about how it tracks the index — most of its movement is its own.
Annualized volatilityORDINARY
1%
How far it swings over a year, from its own realized returns.
Tactical phaseNIGHTLY READ
Neutral
Selling pressure24
Buying pressure14
Overheat22
State: neutral — No dominant short-horizon pressure in the tape.
What votes against
Data unavailableNo factor in the model currently votes against this name. That is a statement about the model's inputs today, not a claim that nothing could go wrong.
Failure modes · by company type
Data unavailableFailure modes are routed per company type, and only the bank-run and crypto-treasury rulebooks are validated so far. This name routes as unknown, so there is no cohort-specific checklist to run. A generic list would read as analysis without being any.
The risk case · why not to buy8 surfaces · nightly
Suggested position capmax defensible size
2.9%tail cap binds
max defensible size 2.9% - tail binds
Avoid score6-month distress
1.5%0.1× its cohort · $1–$5 names
Observational 6-month large-drawdown risk ranking — not a forecast, not alpha. Historical distress rate for this $1–$5 names segment: 14.8%. This name reads 0.1× that base rate.
LowDistress screenThe distress model did not score this name in the latest run, so this surface is unmeasured rather than clear.Not scored
MedPosition size, not conviction, is the binding constrainthalf-Kelly 38.6% · tail cap 2.9% · category cap 54.6%. The tail cap binds, so 2.9% is the number (n=70,004). We show which one binds rather than the friendliest.Sizing
LowLottery-ticket behaviourIts best 21-day return sits at 0.0% against a 10.0% cohort 90th-percentile threshold — below the line where forward returns have historically turned negative.Behaviour
LowCash runwayNon-burner: catastrophe rate 6.1% (n=297414).Solvency
LowPost-earnings driftDrift odds at full strength (+3.21% / 63-day spread reference from measured post-earnings drift).Timing
LowDividend riskNot scored for this name.Not scored
LowRestatement historyFiling history is not deep enough to check for restatements.Not scored
LowCrowded shortNot in a warn state: the crowded-short model only publishes when short interest and thin liquidity coincide, and neither condition is met here.Not scored
Signal
4 of 8 surfaces clear.
8 surfaces checked, 4 clear. The binding constraint is position size — the tail cap is the one that binds. Each row states which surface it is and what it measured; a surface that could not be scored says so rather than counting as clear.
Who should skip it
Skip it if any of these is you
You'd size it like a core holding
The binding cap is 2.9% of a portfolio. Above that the tail stops being survivable.
Our track record0 resolved
Track recordBUILDING IN THE OPEN
7 logged
7 calls logged on this name, 0 resolved so far. Calls are logged the moment they are made, so the open ones are public before anyone knows how they turn out, and a hit-rate is not published until enough of them resolve.
Calls on GPTGFTHIS NAME
7
This name's own call count. Too few have resolved to publish a rate over them, so none is shown rather than a rate over 0.
0610-K disclosed linksDIVERSIFIED REITS
The wider context
5 mapped peers, 3 connections.
↳ Plain EnglishCompanies do not trade alone. This is the peer set, the supply chain that has to deliver, and the macro variables that move the stock regardless of company news.
Rate sensitivity
-17.5% per +1ppSECTOR
This is the SECTOR prior, not a measurement of this name — the regression did not clear its own bar. The verdict beside it (headwind) comes from the prior too, so the two agree by construction rather than by evidence.
Versus peersLatest session
Peer set · 5 names
SymbolRelationshipPriceSession
VICIPeer$23.72-1.62%
WPCPeer$66.26-0.39%
BNLPeer$19.20-0.10%
GNLPeer$8.77-1.35%
AATPeer$21.95-0.81%
The mapped peer set and how each traded in the latest session. A peer moving with this name says the move is the sector's; one moving against it says the move is this company's.
Time machineHistory from 2023-06-01
Signal
1 of 4 backward windows are positive.
Look-back returns describe what happened, not what is likely. They are here to set the scale a future move would be measured on.
Macro driversRolling window
Next macro catalystIN 4 DAYS
Consumer Sentiment
2026-09-25. A scheduled release that moves this stock independently of anything the company does.
Events · what moves this stockSep 19, 2026
Core PCE (the Fed's gauge) is due in 9 days.
Core PCE (the Fed's gauge)Usually hurts when inflation runs hotter than expectedProperty companies borrow heavily; hotter inflation means costlier loans and lower building values.
Typical for the Real Estate sector
On the day +0.2% · A week later +1.3% · Two weeks later +0.4% · Rose on 3 of 39 report days
Across the last 39 Core PCE (the Fed's gauge) reports since Jun 28, 2023, GPTGF moved +0.2% on average on the day and was 0.4% higher two weeks later. The S&P 500 moved +0.2% on those days.
FOMC decisionUsually hurts when the Fed sounds more hawkish than expected
Property companies borrow heavily; higher rates raise their costs and lower building values.
Typical for the Real Estate sector
On the day +0.7% · A week later +0.9% · Two weeks later +0.5% · Rose on 2 of 39 report days
Across the last 39 FOMC decision reports since Jul 1, 2023, GPTGF moved +0.7% on average on the day and was 0.5% higher two weeks later. The S&P 500 moved -0.1% on those days.
PCE inflation is due in 9 days.
PCE inflationUsually hurts when inflation runs hotter than expectedProperty companies borrow heavily; hotter inflation means costlier loans and lower building values.
Typical for the Real Estate sector
On the day +0.2% · A week later +1.3% · Two weeks later +0.4% · Rose on 3 of 39 report days
Across the last 39 PCE inflation reports since Jun 28, 2023, GPTGF moved +0.2% on average on the day and was 0.4% higher two weeks later. The S&P 500 moved +0.2% on those days.
Core inflation (core CPI)Usually hurts when inflation runs hotter than expected
Property companies borrow heavily; hotter inflation means costlier loans and lower building values.
Typical for the Real Estate sector
On the day -0.1% · A week later +0.9% · Two weeks later +0.4% · Rose on 5 of 38 report days
Across the last 38 Core inflation (core CPI) reports since Jun 12, 2023, GPTGF moved -0.1% on average on the day and was 0.4% higher two weeks later. The S&P 500 moved +0.3% on those days.
Inflation (CPI)Usually hurts when inflation runs hotter than expected
Property companies borrow heavily; hotter inflation means costlier loans and lower building values.
Typical for the Real Estate sector
On the day -0.1% · A week later +0.9% · Two weeks later +0.4% · Rose on 5 of 38 report days
Across the last 38 Inflation (CPI) reports since Jun 12, 2023, GPTGF moved -0.1% on average on the day and was 0.4% higher two weeks later. The S&P 500 moved +0.3% on those days.
Initial jobless claimsUsually helps when more people file for benefits than expected
Lower rates ease property companies' heavy borrowing costs.
Typical for the Real Estate sector
On the day +0.4% · A week later +0.5% · Two weeks later +0.8% · Rose on 17 of 169 report days
Across the last 169 Initial jobless claims reports since Jun 8, 2023, GPTGF moved +0.4% on average on the day and was 0.8% higher two weeks later. The S&P 500 moved 0.0% on those days.
Producer prices (PPI)Usually hurts when producer prices run hotter than expected
Property companies borrow heavily; hotter inflation means costlier loans and lower building values.
Typical for the Real Estate sector
On the day -0.1% · A week later +0.9% · Two weeks later +0.4% · Rose on 5 of 39 report days
Across the last 39 Producer prices (PPI) reports since Jun 12, 2023, GPTGF moved -0.1% on average on the day and was 0.4% higher two weeks later. The S&P 500 moved +0.3% on those days.
Job openings (JOLTS) is due in 8 days.
Job openings (JOLTS)Usually hurts when job openings come in higher than expectedStrong jobs push rates up, and property companies borrow heavily.
Typical for the Real Estate sector
On the day +0.7% · A week later -0.7% · Two weeks later +0.5% · Rose on 5 of 38 report days
Across the last 38 Job openings (JOLTS) reports since Jul 5, 2023, GPTGF moved +0.7% on average on the day and was 0.5% higher two weeks later. The S&P 500 moved 0.0% on those days.
Customer momentum
Data unavailableCustomer momentum needs listed customers that disclose a revenue dependence on this company, and none is on file. The connections below are a different map: competitors and partners, most of them curated rather than filed.
Connections3 links · none confirmed
Direct connections · 3 edges
CompanyRelationSessionProvenance
HD · Suppliersupplier-0.84%Rumored · manual
PLD · Partnerpartner-0.25%Rumored · manual
SPG · Competitorcompetitor+0.42%Rumored · manual
0 of 3 edges are named in a filing; the rest come from reporting we have not matched to one yet, and are labelled as such.
Glossary · every term on this page
Survival
Altman Z
Bankruptcy-risk score. Above 3.0 is the safe band.
Piotroski F
Nine pass/fail health tests; 7 or more is strong.
Beneish M
Accrual and growth pattern screen. Clear below −2.22, watch to −1.78, elevated above; a year of very fast revenue growth lifts it by construction.
Merton DTD
Standard deviations of asset value between the company and its debt.
EDF
Default frequency calibrated on what actually happened to similar names.
Price & tape
RSI-14
Momentum gauge 0–100. Above 70 is overbought, below 30 oversold.
ATR
Average true range — the size of a typical day.
VWAP
20-day volume-weighted average price — the average paid over the last month; the page shows no intraday VWAP.
Supertrend
A trend-following stop line. A close through it flips the read.
Chandelier
A trailing stop set a few average ranges below the recent high.
Options & flow
Gamma / GEX
Dealer hedging pressure. Negative gamma amplifies moves both ways.
Call / put wall
The strikes with the heaviest open interest; they act as ceiling and floor.
Max pain
The strike where most options expire worthless.
13F · Form 4
Institutional filings, 45 days after quarter end. Insider trades, within two days.
Scoring
Composite signal
Independent factors scored and netted into one number.
Hit-rate
Share of past calls that resolved in the direction stated.
Brier score
Calibration measure. Lower means stated probabilities track reality.
HHI
Concentration 0–10,000. Above 2,500 means one segment carries the company.
EVT
Fits the tail rather than assuming a bell curve, so bad days are not understated.