Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

New Zealand (NZX) Diversified REITs Industry Analysis

UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies3
  • 7D-0.2%
  • 3M-6.0%
  • 1Y-10.0%
  • YTDn/a

In the last week, Diversified REITs has been flat. As for the longer term, the industry has declined 10.0% in the last 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 02 Feb 2025NZ$1.7bNZ$277.0mNZ$11.6m49.3x142.5x6x
Tue, 31 Dec 2024NZ$1.7bNZ$277.0mNZ$11.6m50.8x144.1x6.1x
Thu, 28 Nov 2024NZ$1.8bNZ$258.4m-NZ$57,336,000.0050.9x-30.9x6.9x
Sat, 26 Oct 2024NZ$1.8bNZ$255.9m-NZ$116,696,000.00n/a-15.4x7x
Mon, 23 Sep 2024NZ$1.7bNZ$255.9m-NZ$116,696,000.00n/a-14.9x6.8x
Wed, 21 Aug 2024NZ$1.9bNZ$255.9m-NZ$116,696,000.00n/a-16x7.3x
Fri, 19 Jul 2024NZ$1.6bNZ$255.9m-NZ$116,696,000.00n/a-14.1x6.4x
Sun, 16 Jun 2024NZ$1.7bNZ$255.9m-NZ$116,696,000.00n/a-14.7x6.7x
Tue, 14 May 2024NZ$1.7bNZ$226.1m-NZ$243,538,000.00n/a-7x7.6x
Thu, 11 Apr 2024NZ$1.8bNZ$226.1m-NZ$243,538,000.00n/a-7.3x7.9x
Sat, 09 Mar 2024NZ$1.7bNZ$226.1m-NZ$243,538,000.00n/a-7.2x7.7x
Mon, 05 Feb 2024NZ$1.8bNZ$226.1m-NZ$243,538,000.00n/a-7.5x8.1x
Wed, 03 Jan 2024NZ$1.8bNZ$226.1m-NZ$243,538,000.00n/a-7.5x8.1x
Fri, 01 Dec 2023NZ$1.7bNZ$157.3m-NZ$238,525,000.00n/a-7.3x11x
Sun, 29 Oct 2023NZ$1.7bNZ$226.4m-NZ$210,629,000.00n/a-8x7.5x
Tue, 26 Sep 2023NZ$1.8bNZ$226.4m-NZ$210,629,000.00n/a-8.4x7.8x
Thu, 24 Aug 2023NZ$1.9bNZ$226.4m-NZ$210,629,000.00n/a-8.9x8.3x
Sat, 22 Jul 2023NZ$1.9bNZ$226.4m-NZ$210,629,000.00n/a-8.9x8.3x
Mon, 19 Jun 2023NZ$1.8bNZ$226.4m-NZ$210,629,000.00n/a-8.5x7.9x
Wed, 17 May 2023NZ$1.7bNZ$281.7mNZ$118.2m70.4x14.7x6.2x
Fri, 14 Apr 2023NZ$1.8bNZ$281.7mNZ$118.2m65.4x15.1x6.3x
Sun, 12 Mar 2023NZ$1.8bNZ$281.7mNZ$118.2m73.1x15.2x6.4x
Tue, 07 Feb 2023NZ$1.9bNZ$281.7mNZ$118.2m68.1x16x6.7x
Thu, 05 Jan 2023NZ$1.8bNZ$281.7mNZ$118.2m61.7x15.4x6.5x
Sat, 03 Dec 2022NZ$1.9bNZ$281.7mNZ$118.2m63.3x15.9x6.7x
Mon, 31 Oct 2022NZ$1.9bNZ$322.4mNZ$351.4m7.6x5.5x6x
Wed, 28 Sep 2022NZ$2.0bNZ$322.4mNZ$351.4m7.9x5.7x6.2x
Fri, 26 Aug 2022NZ$2.2bNZ$322.4mNZ$351.4m8.6x6.3x6.8x
Sun, 24 Jul 2022NZ$2.2bNZ$322.4mNZ$351.4m8.7x6.1x6.7x
Tue, 21 Jun 2022NZ$2.0bNZ$322.4mNZ$351.4m7.7x5.6x6.1x
Thu, 19 May 2022NZ$2.1bNZ$330.6mNZ$402.9m6.5x5.1x6.3x
Sat, 16 Apr 2022NZ$2.3bNZ$330.6mNZ$402.9m7.4x5.7x7x
Mon, 14 Mar 2022NZ$2.3bNZ$330.6mNZ$402.9m7.6x5.8x7.1x
Wed, 09 Feb 2022NZ$2.4bNZ$330.6mNZ$402.9mn/a6.1x7.4x
Price to Earnings Ratio

6.1x


Total Market Cap: NZ$2.4bTotal Earnings: NZ$402.9mTotal Revenue: NZ$330.6mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Diversified REITs Industry Price to Earnings3Y Average 7.2x202320242025
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 Market0.12%
Real Estate1.21%
REITS-0.19%
Diversified REITs-0.19%
Healthcare REITs3.02%
Office REITs2.07%
Industrial REITs1.21%
Retail REITs0.03%
Residential REITs0%0
Specialized REITs0%0
Hotel and Resort REITs0%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?

CompanyLast Price7D1YValuation
ARG Argosy PropertyNZ$1.020.5%
+NZ$4.3m		-11.7%PB0.7x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

APL

NZ$0.20

Asset Plus

7D

-2.4%

1Y

-14.6%

SPG

NZ$1.29

Stride Property Group

7D

-0.8%

1Y

-7.2%

ARG

NZ$1.02

Argosy Property

7D

0.5%

1Y

-11.7%