New Zealand Potentially Undervalued Companies

Summerset Group Holdings

Market Cap: NZ$2.6b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Tourism Holdings

Market Cap: NZ$590.3m

Operates as a tourism company worldwide.

KMD Brands

Market Cap: NZ$195.7m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brands in New Zealand, Australia, North America, Europe, Southeast Asia, Japan, and Brazil.

Fletcher Building

Market Cap: NZ$3.6b

Manufactures and distributes building products in New Zealand, Australia, and internationally.

Delegat Group

Market Cap: NZ$439.9m

Engages in the production, distribution, and sale of wine.

Ventia Services Group

Market Cap: NZ$4.3b

Provides infrastructure services in Australia and New Zealand.

Oceania Healthcare

Market Cap: NZ$485.2m

Owns and operates retirement villages and care centres in New Zealand.

Warehouse Group

Market Cap: NZ$276.3m

Engages in the operation of retail stores in New Zealand.

New Zealand Rural Land

Market Cap: NZ$150.8m

Invests in rural farmland and forestry land in New Zealand.

Seeka

Market Cap: NZ$187.7m

Provides orchard lease and management, and post-harvest and retail services to the horticulture industry in New Zealand and Australia.

Genesis Energy

Market Cap: NZ$2.6b

Generates, trades in, and sells electricity to residential and business customers in New Zealand.

NZME

Market Cap: NZ$195.4m

Engages in the integrated media and entertainment business in New Zealand.

Allied Farmers

Market Cap: NZ$21.9m

Engages in livestock agency business in New Zealand.

Bremworth

Market Cap: NZ$43.7m

Engages in the manufacture and sale of carpets and rugs in New Zealand, Australia, the United States, Canada, and internationally.

Colonial Motor

Market Cap: NZ$255.0m

Owns and operates franchised motor vehicle dealerships in New Zealand.

Briscoe Group

Market Cap: NZ$1.1b

Engages in retailing homeware and sporting products in New Zealand.

Savor

Market Cap: NZ$14.3m

Operates in the hospitality sector in Auckland, New Zealand.

2 Cheap Cars Group

Market Cap: NZ$21.9m

Engages in used automotive vehicle retail and vehicle finance businesses in New Zealand.

Vital

Market Cap: NZ$18.3m

Provides mobile radio networks and high-speed broadband services in New Zealand.

New Zealand King Salmon Investments

Market Cap: NZ$115.7m

Engages in the farming, processing, and sale of salmon products in New Zealand, North America, Australia, Japan, Europe, China, and internationally.

Scales

Market Cap: NZ$834.0m

Engages in manufacturing and trading of food ingredients in New Zealand, Asia, Europe, North America, and internationally.

Solution Dynamics

Market Cap: NZ$10.1m

Provides customer communication solutions in New Zealand, Australia, the United States, and Europe.

Foley Wines

Market Cap: NZ$40.1m

An integrated wine company, produces, markets, and sells wines in New Zealand.

My Food Bag Group

Market Cap: NZ$57.7m

Engages in creating and delivering meal kits, pre-prepared ready-to-heat meals, and grocery items in New Zealand.

General Capital

Market Cap: NZ$24.3m

Provides financial services in New Zealand.

Argosy Property

Market Cap: NZ$1.1b

Argosy Property Limited (APL or the Company) is an FMC Reporting Entity under the Financial Markets Conduct Act 2013 and the Financial Reporting Act 2013.

MOVE Logistics Group

Market Cap: NZ$28.1m

Operates as a freight and logistics company in New Zealand.

Fonterra Co-operative Group

Market Cap: NZ$9.6b

Fonterra Co-operative Group Limited, together with its subsidiaries, collects, manufactures, and sells milk and milk-derived products.

Hallenstein Glasson Holdings

Market Cap: NZ$557.7m

Operates as a retailer of men’s and women’s clothing in New Zealand and Australia.

Green Cross Health

Market Cap: NZ$122.9m

Provides health care and advice services to communities in New Zealand.

Livestock Improvement

Market Cap: NZ$139.5m

Operates as an agri-tech and herd improvement co-operative in New Zealand, Australia, Ireland, the United Kingdom, and internationally.

Synlait Milk

Market Cap: NZ$488.6m

Manufactures, markets, sells, and exports dairy products under the Dairyworks, Rolling Meadow, and Alpine brands in China, rest of Asia, the Middle East, Africa, New Zealand, Australia, and internationally.

Air New Zealand

Market Cap: NZ$2.0b

Provides air passenger and cargo transportation on scheduled airlines services in New Zealand, Australia, the Pacific Islands, Asia, the United Kingdom, Europe, and the Americas.

AFT Pharmaceuticals

Market Cap: NZ$293.6m

Develops, markets, and distributes pharmaceutical products in New Zealand, Australia, Asia, and internationally.

Mainfreight

Market Cap: NZ$6.4b

Provides supply chain logistics services in New Zealand, Australia, the Americas, Europe, and Asia.

Goodman Property Trust

Market Cap: NZ$3.3b

GMT is a managed investment scheme, listed on the NZX.