New Zealand Potentially Undervalued Companies

KMD Brands

Market Cap: NZ$227.7m

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, and Brazil.

Oceania Healthcare

Market Cap: NZ$434.5m

Owns and operates various care centers and retirement villages in New Zealand.

Summerset Group Holdings

Market Cap: NZ$2.7b

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

Fletcher Building

Market Cap: NZ$3.3b

Engages in the manufacture and distribution of building products in New Zealand, Australia, and internationally.

Michael Hill International

Market Cap: NZ$153.9m

Owns and operates jewelry stores and provides related services in Australia, New Zealand, and Canada.

Argosy Property

Market Cap: NZ$848.0m

Argosy Property Limited in properties in New Zealand.

Hallenstein Glasson Holdings

Market Cap: NZ$441.4m

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

Rakon

Market Cap: NZ$111.6m

Designs, manufactures, and sells frequency control and timing solutions for various applications in Asia, North America, Europe, and internationally.

New Zealand Rural Land

Market Cap: NZ$130.1m

Invests in rural farmland and forestry land in New Zealand.

Mainfreight

Market Cap: NZ$6.0b

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

PaySauce

Market Cap: NZ$24.3m

Provides SaaS based employment and payment solutions for people at work the Asia-Pacific region.

Restaurant Brands New Zealand

Market Cap: NZ$419.2m

Operates quick service and takeaway restaurants in New Zealand, Australia, California, Hawaii, Saipan, and Guam.

Air New Zealand

Market Cap: NZ$1.9b

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.

Allied Farmers

Market Cap: NZ$21.0m

Engages in livestock agency business in New Zealand.

Genesis Energy

Market Cap: NZ$2.4b

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

BLIS Technologies

Market Cap: NZ$19.2m

Develops and sells healthcare products based on strains of bacteria that produce bacteriocin activity.

Kiwi Property Group

Market Cap: NZ$1.4b

Kiwi Property (NZX: KPG) is one of the largest listed property companies on the New Zealand Stock Exchange and is a member of the S&P/NZX 20 Index.

NZME

Market Cap: NZ$211.1m

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

2 Cheap Cars Group

Market Cap: NZ$33.7m

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

SkyCity Entertainment Group

Market Cap: NZ$872.5m

Operates in the gaming, entertainment, hotel, convention, hospitality, and tourism sectors in New Zealand and Australia.

New Zealand King Salmon Investments

Market Cap: NZ$118.4m

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

Ventia Services Group

Market Cap: NZ$3.5b

Provides infrastructure services in Australia and New Zealand.

Enprise Group

Market Cap: NZ$15.3m

Operates as a high-tech software and services investment company.

Precinct Properties NZ & Precinct Properties Investments

Market Cap: NZ$1.7b

Precinct is New Zealand’s only listed city centre specialist investing predominantly in premium and Agrade commercial office property.

EROAD

Market Cap: NZ$164.6m

Provides electronic on-board units and software as a service to the transport industry in New Zealand, Australia, the United States, and internationally.

Vital

Market Cap: NZ$10.2m

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

Solution Dynamics

Market Cap: NZ$9.6m

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

Vector

Market Cap: NZ$4.1b

Engages in electricity and gas distribution, natural gas and LPG sale, and telecommunication and new energy solutions businesses in New Zealand.

Scales

Market Cap: NZ$593.0m

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

Marlin Global

Market Cap: NZ$192.8m

Operates as an investment company.

Foley Wines

Market Cap: NZ$40.1m

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

Fonterra Co-operative Group

Market Cap: NZ$7.4b

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

My Food Bag Group

Market Cap: NZ$45.0m

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

Livestock Improvement

Market Cap: NZ$149.5m

Engages in the development, production and marketing of artificial breeding, genetics, farm software, and herd testing services in the dairy industry.

General Capital

Market Cap: NZ$21.8m

Provides financial services in New Zealand.

MOVE Logistics Group

Market Cap: NZ$24.6m

Operates as a freight and logistics company in New Zealand.