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New Zealand (NZX) Real Estate Industry Analysis

UpdatedMay 22, 2025
DataAggregated Company Financials
Companies2
  • 7D3.1%
  • 3M10.8%
  • 1Y9.9%
  • YTD8.8%

In the last week, the Real Estate industry is up 5.2%, with all of the companies up. This means that the industry has gained 9.9% over the past year. Looking forward, earnings are forecast to grow by 111% annually.

Industry Valuation and Performance

Has the New Zealand Real Estate Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 23 May 2025NZ$865.3mNZ$218.1mNZ$19.4m86.5x44.6x4x
Sun, 20 Apr 2025NZ$812.0mNZ$218.1mNZ$19.4m80.1x41.9x3.7x
Tue, 18 Mar 2025NZ$811.9mNZ$218.1mNZ$19.4m79.9x41.9x3.7x
Thu, 13 Feb 2025NZ$758.6mNZ$209.0mNZ$26.9m27x28.2x3.6x
Sat, 11 Jan 2025NZ$783.9mNZ$209.0mNZ$26.9m28x29.1x3.8x
Mon, 09 Dec 2024NZ$800.0mNZ$209.0mNZ$26.9m28.4x29.7x3.8x
Wed, 06 Nov 2024NZ$862.7mNZ$209.0mNZ$26.9m30.1x32x4.1x
Fri, 04 Oct 2024NZ$751.4mNZ$209.0mNZ$26.9m26.6x27.9x3.6x
Sun, 01 Sep 2024NZ$797.0mNZ$209.0mNZ$26.9m28.3x29.6x3.8x
Tue, 30 Jul 2024NZ$807.5mNZ$235.1mNZ$53.4m15.7x15.1x3.4x
Thu, 27 Jun 2024NZ$796.2mNZ$235.1mNZ$53.4m15.1x14.9x3.4x
Sat, 25 May 2024NZ$814.1mNZ$235.1mNZ$53.4m15.1x15.3x3.5x
Mon, 22 Apr 2024NZ$888.4mNZ$235.1mNZ$53.4m16.9x16.6x3.8x
Wed, 20 Mar 2024NZ$893.2mNZ$235.1mNZ$53.4m16.8x16.7x3.8x
Fri, 16 Feb 2024NZ$983.8mNZ$242.7mNZ$78.0m14.1x12.6x4.1x
Sun, 14 Jan 2024NZ$1.1bNZ$242.7mNZ$78.0m15.2x13.5x4.3x
Tue, 12 Dec 2023NZ$956.4mNZ$242.7mNZ$78.0m14.2x12.3x3.9x
Thu, 09 Nov 2023NZ$940.1mNZ$242.7mNZ$78.0m14.1x12.1x3.9x
Sat, 07 Oct 2023NZ$933.2mNZ$242.7mNZ$78.0m13.4x12x3.8x
Mon, 04 Sep 2023NZ$916.8mNZ$242.7mNZ$78.0m13.4x11.8x3.8x
Wed, 02 Aug 2023NZ$930.0mNZ$267.4mNZ$96.0m9x9.7x3.5x
Fri, 30 Jun 2023NZ$784.6mNZ$267.4mNZ$96.0m7.9x8.2x2.9x
Sun, 28 May 2023NZ$749.0mNZ$267.4mNZ$96.0m7.6x7.8x2.8x
Tue, 25 Apr 2023NZ$976.7mNZ$278.7mNZ$106.5m9.6x9.2x3.5x
Thu, 23 Mar 2023NZ$909.0mNZ$278.7mNZ$106.5m8.9x8.5x3.3x
Sat, 18 Feb 2023NZ$925.3mNZ$246.1mNZ$104.7m6.7x8.8x3.8x
Mon, 16 Jan 2023NZ$818.8mNZ$246.1mNZ$104.7m6.1x7.8x3.3x
Wed, 14 Dec 2022NZ$907.6mNZ$246.1mNZ$104.7m6.5x8.7x3.7x
Fri, 11 Nov 2022NZ$1.0bNZ$246.1mNZ$104.7m7x9.6x4.1x
Sun, 09 Oct 2022NZ$1.1bNZ$246.1mNZ$104.7m6.8x10.4x4.4x
Tue, 06 Sep 2022NZ$1.2bNZ$246.1mNZ$104.7m7.1x11.3x4.8x
Thu, 04 Aug 2022NZ$1.1bNZ$224.9mNZ$89.8m7.9x12.6x5x
Sat, 02 Jul 2022NZ$1.2bNZ$224.9mNZ$89.8m7.8x13.3x5.3x
Mon, 30 May 2022NZ$1.2bNZ$224.9mNZ$89.8m8.7x13.5x5.4x
Price to Earnings Ratio

13.5x


Total Market Cap: NZ$1.2bTotal Earnings: NZ$89.8mTotal Revenue: NZ$224.9mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Real Estate Industry Price to Earnings3Y Average 17.3x202320242025
Current Industry PE
    There are only 2 companies in the New Zealander Real Estate industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 40% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the New Zealand Real Estate industry?

NZ Market-0.19%
Real Estate-0.32%
Real Estate3.13%
Real Estate Development3.13%
Real Estate Operating Companies0%0
Industry PE
  • Investors are most optimistic about the Real Estate Development industry which is trading above its 3-year average PE ratio of 18.0x.
    • Analysts are expecting annual earnings growth of 110.9%, which is higher than its past year's earnings decline of 37.8% per year.
  • Investors are most pessimistic about the Real Estate Development industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 18.0x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 111% over the next 5 years.
  • This is better than its past earnings decline of 38% per year.
  • In contrast, the Real Estate Development industry is expected to see its earnings grow by 111% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
WIN Winton LandNZ$2.141.9%
+NZ$11.9m		5.4%PE158.1x
Simply Wall St™
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