New Zealand Growth at Reasonable Price

Tourism Holdings

Market Cap: NZ$641.5m

Operates as a tourism company worldwide.

Air New Zealand

Market Cap: NZ$1.4b

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.

Oceania Healthcare

Market Cap: NZ$535.9m

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

Serko

Market Cap: NZ$179.2m

Provides online travel booking and expense management services in New Zealand, Australia, the United States, Europe, and internationally.