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New Zealand (NZX) Diversified REITs Industry Analysis
UpdatedMay 28, 2025
DataAggregated Company Financials
Companies3
- 7D1.3%
- 3M0.8%
- 1Y-4.4%
- YTDn/a
In the last week, the Diversified REITs industry is flat overall, with Stride Property Group standing out by going down 3.4%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 6.6% per annum.
Industry Valuation and Performance
Has the New Zealand Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 28 May 2025 | NZ$1.6b | NZ$277.7m | NZ$140.5m | 39.7x | 11.7x | 5.9x |
| Fri, 25 Apr 2025 | NZ$1.5b | NZ$277.0m | NZ$11.6m | 43.9x | 132.4x | 5.6x |
| Sun, 23 Mar 2025 | NZ$1.6b | NZ$277.0m | NZ$11.6m | 45.6x | 135.3x | 5.7x |
| Tue, 18 Feb 2025 | NZ$1.7b | NZ$277.0m | NZ$11.6m | 48.5x | 142.5x | 6x |
| Thu, 16 Jan 2025 | NZ$1.7b | NZ$277.0m | NZ$11.6m | 48.8x | 142.2x | 6x |
| Sat, 14 Dec 2024 | NZ$1.7b | NZ$277.0m | NZ$11.6m | 48.8x | 143.2x | 6x |
| Mon, 11 Nov 2024 | NZ$1.8b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -15.4x | 7x |
| Wed, 09 Oct 2024 | NZ$1.8b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -15.2x | 6.9x |
| Fri, 06 Sep 2024 | NZ$1.8b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -15.8x | 7.2x |
| Sun, 04 Aug 2024 | NZ$1.7b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -14.8x | 6.7x |
| Tue, 02 Jul 2024 | NZ$1.6b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -13.6x | 6.2x |
| Thu, 30 May 2024 | NZ$1.7b | NZ$279.6m | -NZ$116,696,000.00 | n/a | -14.4x | 6x |
| Sat, 27 Apr 2024 | NZ$1.7b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.2x | 7.7x |
| Mon, 25 Mar 2024 | NZ$1.7b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.2x | 7.7x |
| Wed, 21 Feb 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.3x | 7.8x |
| Fri, 19 Jan 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.5x | 8.1x |
| Sun, 17 Dec 2023 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.3x | 7.9x |
| Tue, 14 Nov 2023 | NZ$1.7b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.2x | 7.6x |
| Thu, 12 Oct 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.6x | 8x |
| Sat, 09 Sep 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.5x | 7.9x |
| Mon, 07 Aug 2023 | NZ$1.9b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -9.2x | 8.5x |
| Wed, 05 Jul 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.6x | 8x |
| Fri, 02 Jun 2023 | NZ$1.8b | NZ$268.8m | -NZ$210,629,000.00 | n/a | -8.3x | 6.5x |
| Sun, 30 Apr 2023 | NZ$1.7b | NZ$281.7m | NZ$118.2m | 66.6x | 14.7x | 6.2x |
| Tue, 28 Mar 2023 | NZ$1.7b | NZ$281.7m | NZ$118.2m | 69.1x | 14.7x | 6.2x |
| Thu, 23 Feb 2023 | NZ$1.8b | NZ$281.7m | NZ$118.2m | 74.3x | 15.3x | 6.4x |
| Sat, 21 Jan 2023 | NZ$1.9b | NZ$281.7m | NZ$118.2m | 65.6x | 15.7x | 6.6x |
| Mon, 19 Dec 2022 | NZ$1.9b | NZ$281.7m | NZ$118.2m | 65.6x | 16x | 6.7x |
| Wed, 16 Nov 2022 | NZ$1.9b | NZ$322.4m | NZ$351.4m | 7.6x | 5.5x | 6x |
| Fri, 14 Oct 2022 | NZ$2.0b | NZ$322.4m | NZ$351.4m | 7.6x | 5.6x | 6.1x |
| Sun, 11 Sep 2022 | NZ$2.2b | NZ$322.4m | NZ$351.4m | 8.7x | 6.3x | 6.8x |
| Tue, 09 Aug 2022 | NZ$2.2b | NZ$322.4m | NZ$351.4m | 8.7x | 6.3x | 6.9x |
| Thu, 07 Jul 2022 | NZ$2.1b | NZ$322.4m | NZ$351.4m | 8.1x | 6x | 6.5x |
| Sat, 04 Jun 2022 | NZ$2.1b | NZ$322.4m | NZ$351.4m | 8.4x | 6x | 6.5x |
Price to Earnings Ratio
6x
Current Industry PE
- There are only 3 companies in the New Zealander Diversified REITs 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 Diversified REITs industry have declined 28% per year over the last three years,
- Revenues have also declined 5.2% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does New Zealand Diversified REITs compare with similar industries?
| NZ Market | -0.70% | |
| Real Estate | -0.45% | |
| REITS | 1.28% | |
| Diversified REITs | 1.28% | |
| Healthcare REITs | 0% | 0 |
| Industrial REITs | -0.75% | |
| Specialized REITs | -1.06% | |
| Office REITs | -1.71% | |
| Retail REITs | -1.98% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ARG Argosy Property | NZ$1.07 | 1.4% +NZ$12.8m | -1.8% | PB0.7x | |
| SPG Stride Property Group | NZ$1.17 | 1.7% +NZ$11.2m | -7.9% | PB0.7x |