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New Zealand (NZX) Diversified REITs Industry Analysis
UpdatedJun 20, 2026
DataAggregated Company Financials
Companies3
- 7D2.4%
- 3M-5.5%
- 1Y0.5%
- YTDn/a
The Diversified REITs is pretty flat in the last 7 days, but Stride Property Group has stood out, gaining 3.6%. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 5.6% 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 |
|---|---|---|---|---|---|---|
| Sat, 20 Jun 2026 | NZ$1.6b | NZ$313.1m | NZ$155.8m | 13.9x | 10.5x | 5.2x |
| Mon, 18 May 2026 | NZ$1.7b | NZ$312.0m | NZ$193.3m | 10.2x | 8.5x | 5.3x |
| Wed, 15 Apr 2026 | NZ$1.7b | NZ$312.0m | NZ$193.3m | 10.4x | 8.9x | 5.5x |
| Fri, 13 Mar 2026 | NZ$1.7b | NZ$312.0m | NZ$193.3m | 10.3x | 8.8x | 5.4x |
| Sun, 08 Feb 2026 | NZ$1.8b | NZ$312.0m | NZ$193.3m | 10.8x | 9.1x | 5.7x |
| Tue, 06 Jan 2026 | NZ$1.9b | NZ$312.0m | NZ$193.3m | 11.8x | 9.9x | 6.1x |
| Thu, 04 Dec 2025 | NZ$1.9b | NZ$312.0m | NZ$193.3m | 12.2x | 10x | 6.2x |
| Sat, 01 Nov 2025 | NZ$2.0b | NZ$301.1m | NZ$141.8m | 23.4x | 14.2x | 6.7x |
| Mon, 29 Sep 2025 | NZ$1.9b | NZ$301.1m | NZ$141.8m | 21.7x | 13.3x | 6.3x |
| Wed, 27 Aug 2025 | NZ$1.8b | NZ$301.1m | NZ$141.8m | 20.3x | 12.7x | 6x |
| Fri, 25 Jul 2025 | NZ$1.7b | NZ$301.1m | NZ$141.8m | 19.8x | 12.2x | 5.7x |
| Sun, 22 Jun 2025 | NZ$1.6b | NZ$301.1m | NZ$141.8m | 18.1x | 11.4x | 5.3x |
| Tue, 20 May 2025 | NZ$1.7b | NZ$277.0m | NZ$11.6m | 46.2x | 141.9x | 6x |
| Thu, 17 Apr 2025 | NZ$1.5b | NZ$277.0m | NZ$11.6m | 44.1x | 131.7x | 5.5x |
| Sat, 15 Mar 2025 | NZ$1.6b | NZ$277.0m | NZ$11.6m | 46.1x | 136.4x | 5.7x |
| Mon, 10 Feb 2025 | NZ$1.7b | NZ$277.0m | NZ$11.6m | 49x | 143.6x | 6x |
| Wed, 08 Jan 2025 | NZ$1.7b | NZ$277.0m | NZ$11.6m | 51.2x | 145.5x | 6.1x |
| Fri, 06 Dec 2024 | NZ$1.7b | NZ$277.0m | NZ$11.6m | 55.8x | 144.9x | 6.1x |
| Sun, 03 Nov 2024 | NZ$1.8b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -15.1x | 6.9x |
| Tue, 01 Oct 2024 | NZ$1.8b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -15x | 6.9x |
| Thu, 29 Aug 2024 | NZ$1.9b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -16.1x | 7.3x |
| Sat, 27 Jul 2024 | NZ$1.7b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -14.4x | 6.6x |
| Mon, 24 Jun 2024 | NZ$1.6b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -14.1x | 6.4x |
| Wed, 22 May 2024 | NZ$1.7b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7x | 7.5x |
| Fri, 19 Apr 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.3x | 7.8x |
| Sun, 17 Mar 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.3x | 7.8x |
| Tue, 13 Feb 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.3x | 7.9x |
| Thu, 11 Jan 2024 | NZ$1.9b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.6x | 8.2x |
| Sat, 09 Dec 2023 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.2x | 7.8x |
| Mon, 06 Nov 2023 | NZ$1.7b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.2x | 7.6x |
| Wed, 04 Oct 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.3x | 7.7x |
| Fri, 01 Sep 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.8x | 8.2x |
| Sun, 30 Jul 2023 | NZ$1.9b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -9.2x | 8.6x |
| Tue, 27 Jun 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.4x | 7.8x |
Price to Earnings Ratio
-8.4x
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
- Total earnings for the Diversified REITs industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 11% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does New Zealand Diversified REITs compare with similar industries?
| NZ Market | 0.76% | |
| Real Estate | 2.45% | |
| REITS | 2.43% | |
| Diversified REITs | 2.43% | |
| Industrial REITs | 4.60% | |
| Healthcare REITs | 2.08% | |
| Office REITs | 1.45% | |
| Specialized REITs | 1.08% | |
| Retail REITs | 0.43% | |
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 | |
|---|---|---|---|---|---|
| SPG Stride Property Group | NZ$1.15 | 3.6% +NZ$22.4m | 2.2% | PB0.7x | |
| ARG Argosy Property | NZ$1.08 | 1.9% +NZ$17.5m | 0% | PB0.7x |