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New Zealand (NZX) Diversified REITs Industry Analysis
UpdatedJun 19, 2026
DataAggregated Company Financials
Companies3
- 7D0.6%
- 3M-7.5%
- 1Y-1.7%
- YTDn/a
The Diversified REITs industry is up 1.9% in the last week, with Stride Property Group up 1.8%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 5.7% 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 Jun 2026 | NZ$1.6b | NZ$313.7m | NZ$170.4m | 10.4x | 9.4x | 5.1x |
| Sun, 17 May 2026 | NZ$1.7b | NZ$312.0m | NZ$193.3m | 10.2x | 8.5x | 5.3x |
| Tue, 14 Apr 2026 | NZ$1.7b | NZ$312.0m | NZ$193.3m | 10.3x | 8.7x | 5.4x |
| Thu, 12 Mar 2026 | NZ$1.7b | NZ$312.0m | NZ$193.3m | 10.3x | 8.8x | 5.5x |
| Sat, 07 Feb 2026 | NZ$1.8b | NZ$312.0m | NZ$193.3m | 10.8x | 9.1x | 5.7x |
| Mon, 05 Jan 2026 | NZ$1.9b | NZ$312.0m | NZ$193.3m | 11.9x | 10x | 6.2x |
| Wed, 03 Dec 2025 | NZ$1.9b | NZ$312.0m | NZ$193.3m | 12.1x | 10x | 6.2x |
| Fri, 31 Oct 2025 | NZ$2.0b | NZ$301.1m | NZ$141.8m | 23.4x | 14.1x | 6.7x |
| Sun, 28 Sep 2025 | NZ$1.9b | NZ$301.1m | NZ$141.8m | 21.7x | 13.3x | 6.3x |
| Tue, 26 Aug 2025 | NZ$1.8b | NZ$301.1m | NZ$141.8m | 20.5x | 12.7x | 6x |
| Thu, 24 Jul 2025 | NZ$1.8b | NZ$301.1m | NZ$141.8m | 20.1x | 12.3x | 5.8x |
| Sat, 21 Jun 2025 | NZ$1.6b | NZ$301.1m | NZ$141.8m | 18.1x | 11.4x | 5.3x |
| Mon, 19 May 2025 | NZ$1.6b | NZ$277.0m | NZ$11.6m | 45.4x | 140.9x | 5.9x |
| Wed, 16 Apr 2025 | NZ$1.6b | NZ$277.0m | NZ$11.6m | 43.9x | 133.2x | 5.6x |
| Fri, 14 Mar 2025 | NZ$1.6b | NZ$277.0m | NZ$11.6m | 46.8x | 137.4x | 5.8x |
| Sun, 09 Feb 2025 | NZ$1.7b | NZ$277.0m | NZ$11.6m | 49x | 143.6x | 6x |
| Tue, 07 Jan 2025 | NZ$1.7b | NZ$277.0m | NZ$11.6m | 51.2x | 142.8x | 6x |
| Thu, 05 Dec 2024 | NZ$1.7b | NZ$277.0m | NZ$11.6m | 56.1x | 149.7x | 6.3x |
| Sat, 02 Nov 2024 | NZ$1.8b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -15.1x | 6.9x |
| Mon, 30 Sep 2024 | NZ$1.7b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -14.9x | 6.8x |
| Wed, 28 Aug 2024 | NZ$1.9b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -16x | 7.3x |
| Fri, 26 Jul 2024 | NZ$1.7b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -14.6x | 6.6x |
| Sun, 23 Jun 2024 | NZ$1.6b | NZ$255.9m | -NZ$116,696,000.00 | n/a | -14.1x | 6.4x |
| Tue, 21 May 2024 | NZ$1.7b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7x | 7.5x |
| Thu, 18 Apr 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.2x | 7.8x |
| Sat, 16 Mar 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.3x | 7.8x |
| Mon, 12 Feb 2024 | NZ$1.8b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.4x | 7.9x |
| Wed, 10 Jan 2024 | NZ$1.9b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.6x | 8.2x |
| Fri, 08 Dec 2023 | NZ$1.7b | NZ$226.1m | -NZ$243,538,000.00 | n/a | -7.2x | 7.7x |
| Sun, 05 Nov 2023 | NZ$1.7b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.2x | 7.6x |
| Tue, 03 Oct 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.3x | 7.7x |
| Thu, 31 Aug 2023 | NZ$1.8b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -8.8x | 8.1x |
| Sat, 29 Jul 2023 | NZ$1.9b | NZ$226.4m | -NZ$210,629,000.00 | n/a | -9.2x | 8.6x |
| Mon, 26 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 | 0.88% | |
| Real Estate | 1.72% | |
| REITS | 0.64% | |
| Diversified REITs | 0.64% | |
| Specialized REITs | 3.76% | |
| Industrial REITs | 3.41% | |
| Office REITs | 2.45% | |
| Healthcare REITs | 0.79% | |
| Retail REITs | -0.20% | |
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 |