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New Zealand (NZX) Diversified REITs Industry Analysis
UpdatedSep 19, 2025
DataAggregated Company Financials
Companies3
- 7D0.07%
- 3M15.6%
- 1Y4.8%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has risen 2.6%, driven by gains from Argosy Property of 5.1%. Meanwhile, Asset Plus actually underperformed within the industry, shrinking 6.8% in the last week. However, the industry is down 3.5% over the past year. Looking forward, earnings are forecast to grow by 5.6% 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 |
|---|---|---|---|---|---|---|
| Fri, 19 Sep 2025 | NZ$1.9b | NZ$301.1m | NZ$141.8m | 21.4x | 13.2x | 6.2x |
| Sun, 17 Aug 2025 | NZ$1.8b | NZ$301.1m | NZ$141.8m | 20.1x | 12.5x | 5.9x |
| Tue, 15 Jul 2025 | NZ$1.7b | NZ$301.1m | NZ$141.8m | 20x | 12.3x | 5.8x |
| Thu, 12 Jun 2025 | NZ$1.6b | NZ$301.1m | NZ$141.8m | 18.2x | 11.3x | 5.3x |
| Sat, 10 May 2025 | NZ$1.6b | NZ$277.0m | NZ$11.6m | 44.7x | 138.8x | 5.8x |
| Mon, 07 Apr 2025 | NZ$1.6b | NZ$277.0m | NZ$11.6m | 44.4x | 136.1x | 5.7x |
| Wed, 05 Mar 2025 | NZ$1.7b | NZ$277.0m | NZ$11.6m | 48.2x | 141.8x | 6x |
| Fri, 31 Jan 2025 | NZ$1.7b | NZ$277.0m | NZ$11.6m | 49.1x | 142.4x | 6x |
| Sun, 29 Dec 2024 | NZ$1.7b | NZ$277.0m | NZ$11.6m | 50.9x | 146.9x | 6.2x |
| Tue, 26 Nov 2024 | NZ$1.8b | NZ$257.8m | -NZ$64,379,000.00 | n/a | -27.7x | 6.9x |
| Thu, 24 Oct 2024 | NZ$1.8b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -15.4x | 7x |
| Sat, 21 Sep 2024 | NZ$1.7b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -14.9x | 6.8x |
| Mon, 19 Aug 2024 | NZ$1.8b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -15.5x | 7.1x |
| Wed, 17 Jul 2024 | NZ$1.7b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -14.2x | 6.5x |
| Fri, 14 Jun 2024 | NZ$1.7b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -14.7x | 6.7x |
| Sun, 12 May 2024 | NZ$1.7b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7x | 7.6x |
| Tue, 09 Apr 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.5x | 8x |
| Thu, 07 Mar 2024 | NZ$1.7b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.1x | 7.6x |
| Sat, 03 Feb 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.5x | 8.1x |
| Mon, 01 Jan 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.5x | 8.1x |
| Wed, 29 Nov 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.4x | 7.8x |
| Fri, 27 Oct 2023 | NZ$1.7b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8x | 7.4x |
| Sun, 24 Sep 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.3x | 7.7x |
| Tue, 22 Aug 2023 | NZ$1.9b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.9x | 8.3x |
| Thu, 20 Jul 2023 | NZ$1.9b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.8x | 8.2x |
| Sat, 17 Jun 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.5x | 7.9x |
| Mon, 15 May 2023 | NZ$1.7b | NZ$281.7m | NZ$118.2m | 67.8x | 14.6x | 6.1x |
| Wed, 12 Apr 2023 | NZ$1.8b | NZ$281.7m | NZ$118.2m | 67.9x | 14.9x | 6.3x |
| Fri, 10 Mar 2023 | NZ$1.8b | NZ$281.7m | NZ$118.2m | 71.9x | 15.4x | 6.5x |
| Sun, 05 Feb 2023 | NZ$1.9b | NZ$281.7m | NZ$118.2m | 68.1x | 16x | 6.7x |
| Tue, 03 Jan 2023 | NZ$1.8b | NZ$281.7m | NZ$118.2m | 61.7x | 15.5x | 6.5x |
| Thu, 01 Dec 2022 | NZ$1.9b | NZ$283.9m | NZ$120.4m | 18.3x | 15.5x | 6.6x |
| Sat, 29 Oct 2022 | NZ$1.9b | NZ$322.4m | NZ$351.4m | 7.6x | 5.5x | 6x |
| Mon, 26 Sep 2022 | NZ$2.1b | NZ$322.4m | NZ$351.4m | 8.4x | 6x | 6.6x |
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 26% per year over the last three years,
- Revenues have also declined 2.2% 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 | -1.15% | |
| Real Estate | -0.15% | |
| REITS | 0.069% | |
| Diversified REITs | 0.069% | |
| Specialized REITs | 1.02% | |
| Healthcare REITs | 0.46% | |
| Industrial REITs | 0.45% | |
| Office REITs | 0.39% | |
| Retail REITs | 0% | 0 |
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 | 4.9% +NZ$3.3m | -4.4% | PB0.6x |