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New Zealand (NZX) Diversified REITs Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies3
- 7D-2.5%
- 3M-7.0%
- 1Y-10.5%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has dropped 3.2%, driven by pullbacks from every company within the industry. However, the industry is down 7.3% over the past year. Looking forward, earnings are forecast to grow by 27% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | NZ$1.6b | NZ$277.0m | NZ$11.6m | 49.7x | 139.2x | 5.9x |
| Tue, 19 Nov 2024 | NZ$1.8b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -15x | 6.8x |
| Thu, 17 Oct 2024 | NZ$1.8b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -15.1x | 6.9x |
| Sat, 14 Sep 2024 | NZ$1.8b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -15.8x | 7.2x |
| Mon, 12 Aug 2024 | NZ$1.7b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -14.7x | 6.7x |
| Wed, 10 Jul 2024 | NZ$1.6b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -13.9x | 6.3x |
| Fri, 07 Jun 2024 | NZ$1.7b | NZ$279.6m | -NZ$116,696,000.00 | n/a | -14.2x | 5.9x |
| Sun, 05 May 2024 | NZ$1.7b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.1x | 7.7x |
| Tue, 02 Apr 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.3x | 7.9x |
| Thu, 29 Feb 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.2x | 7.8x |
| Sat, 27 Jan 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.5x | 8.1x |
| Mon, 25 Dec 2023 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.4x | 8x |
| Wed, 22 Nov 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.3x | 7.7x |
| Fri, 20 Oct 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.4x | 7.8x |
| Sun, 17 Sep 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.4x | 7.8x |
| Tue, 15 Aug 2023 | NZ$1.9b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -9x | 8.3x |
| Thu, 13 Jul 2023 | NZ$1.9b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.9x | 8.3x |
| Sat, 10 Jun 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.3x | 7.8x |
| Mon, 08 May 2023 | NZ$1.7b | NZ$281.7m | NZ$118.2m | 66.5x | 14.5x | 6.1x |
| Wed, 05 Apr 2023 | NZ$1.7b | NZ$281.7m | NZ$118.2m | 67.9x | 14.7x | 6.2x |
| Fri, 03 Mar 2023 | NZ$1.8b | NZ$281.7m | NZ$118.2m | 73.3x | 15.6x | 6.6x |
| Sun, 29 Jan 2023 | NZ$1.8b | NZ$281.7m | NZ$118.2m | 65.5x | 15.5x | 6.5x |
| Tue, 27 Dec 2022 | NZ$1.8b | NZ$281.7m | NZ$118.2m | 62.9x | 15.5x | 6.5x |
| Thu, 24 Nov 2022 | NZ$2.0b | NZ$322.4m | NZ$351.4m | 7.7x | 5.7x | 6.2x |
| Sat, 22 Oct 2022 | NZ$1.9b | NZ$322.4m | NZ$351.4m | 7.2x | 5.3x | 5.8x |
| Mon, 19 Sep 2022 | NZ$2.2b | NZ$322.4m | NZ$351.4m | 8.8x | 6.2x | 6.7x |
| Wed, 17 Aug 2022 | NZ$2.2b | NZ$322.4m | NZ$351.4m | 8.8x | 6.4x | 7x |
| Fri, 15 Jul 2022 | NZ$2.1b | NZ$322.4m | NZ$351.4m | 8.3x | 6x | 6.6x |
| Sun, 12 Jun 2022 | NZ$2.1b | NZ$322.4m | NZ$351.4m | 8.3x | 5.9x | 6.4x |
| Tue, 10 May 2022 | NZ$2.2b | NZ$330.6m | NZ$402.9m | 6.9x | 5.3x | 6.5x |
| Thu, 07 Apr 2022 | NZ$2.3b | NZ$330.6m | NZ$402.9m | 7.5x | 5.8x | 7.1x |
| Sat, 05 Mar 2022 | NZ$2.3b | NZ$330.6m | NZ$402.9m | 7.6x | 5.8x | 7.1x |
| Mon, 31 Jan 2022 | NZ$2.5b | NZ$330.6m | NZ$402.9m | 7.7x | 6.1x | 7.4x |
| Wed, 29 Dec 2021 | NZ$2.5b | NZ$330.6m | NZ$402.9m | 8x | 6.3x | 7.7x |
Price to Earnings Ratio
6.3x
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 69% per year over the last three years,
- Revenues have also declined 5.7% 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 | 1.18% | |
| Real Estate | -0.0009% | |
| REITS | -2.47% | |
| Diversified REITs | -2.47% | |
| Healthcare REITs | 2.51% | |
| Retail REITs | 1.67% | |
| Specialized REITs | 0.56% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | -0.0077% | |
| Office REITs | -1.61% | |
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 | |
|---|---|---|---|---|---|
| APL Asset Plus | NZ$0.21 | 7.5% +NZ$5.4m | -14.0% | PB0.5x |