$Global Medical REIT Inc (GMRE.US)$Revenue has continued to ...
$Global Medical REIT Inc(GMRE.US$Revenue has continued to grow over the past 5 years, with an average growth rate of 35.2%. The growth rate in 2022 fell to 18.4%. Operating profit increased by 4 years in addition to the 40% contraction in 2020. The average growth rate was 31%, and the growth rate fell to 4.7% in 2022. Net profit was affected by interest expenses and lost 1 year in 2020, and increased 9% in 2022.
In the first two quarters of 2023, revenue increased 10.7%, operating profit increased 7.6%, and net profit increased sharply by 1 times due to income from asset sales.
Currently, the price-earnings ratio is 48, and the price-earnings ratio TTM has been reduced to 30. If the annual net profit ratio doubles, the price-earnings ratio falls to 24, the net price-earnings ratio is 1.2, and the dividend rate is 8.7%. Considering that the recent increase in net profit mainly depends on income from asset sales, this portion of earnings is difficult for professional REITs to sustain, so wait and see.
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