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New Zealand (NZX) Industrial REITs Industry Analysis

UpdatedFeb 04, 2024
DataAggregated Company Financials
Companies2
  • 7D-1.9%
  • 3M8.0%
  • 1Y1.4%
  • YTD-0.5%

The Industrial REITs is down 1.1% in the last week. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 97% annually.

Industry Valuation and Performance

Has the New Zealand Industrial REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 05 Feb 2024NZ$4.2bNZ$340.3m-NZ$407,951,000.00n/a-10.3x12.4x
Wed, 03 Jan 2024NZ$4.3bNZ$340.3m-NZ$407,951,000.00n/a-10.6x12.7x
Fri, 01 Dec 2023NZ$4.0bNZ$340.3m-NZ$407,951,000.00n/a-9.8x11.8x
Sun, 29 Oct 2023NZ$3.9bNZ$325.4m-NZ$203,651,000.00n/a-19.2x12x
Tue, 26 Sep 2023NZ$4.1bNZ$325.4m-NZ$203,651,000.00n/a-20.4x12.7x
Thu, 24 Aug 2023NZ$4.3bNZ$309.0m-NZ$203,651,000.00n/a-21.3x14x
Sat, 22 Jul 2023NZ$4.3bNZ$324.7m-NZ$149,344,000.00n/a-29x13.3x
Mon, 19 Jun 2023NZ$4.3bNZ$324.7m-NZ$149,344,000.00n/a-28.5x13.1x
Wed, 17 May 2023NZ$4.2bNZ$309.2mNZ$220.3m13.1x19.3x13.7x
Fri, 14 Apr 2023NZ$4.1bNZ$309.2mNZ$220.3m12.7x18.7x13.3x
Sun, 12 Mar 2023NZ$4.0bNZ$309.2mNZ$220.3m12.2x18.1x12.9x
Tue, 07 Feb 2023NZ$4.2bNZ$308.9mNZ$437.2m9.2x9.5x13.4x
Thu, 05 Jan 2023NZ$4.0bNZ$308.9mNZ$437.2m8.9x9.1x12.9x
Sat, 03 Dec 2022NZ$4.1bNZ$308.9mNZ$437.2m9x9.3x13.1x
Mon, 31 Oct 2022NZ$4.0bNZ$298.4mNZ$951.6m4.9x4.2x13.4x
Wed, 28 Sep 2022NZ$4.1bNZ$298.4mNZ$951.6m4.9x4.3x13.6x
Fri, 26 Aug 2022NZ$4.4bNZ$298.4mNZ$951.6m5.4x4.7x14.9x
Sun, 24 Jul 2022NZ$4.2bNZ$296.5mNZ$1.2b3.4x3.5x14.2x
Tue, 21 Jun 2022NZ$3.9bNZ$296.5mNZ$1.2b3.1x3.3x13.3x
Thu, 19 May 2022NZ$4.1bNZ$297.5mNZ$1.5b2.8x2.8x13.8x
Sat, 16 Apr 2022NZ$4.6bNZ$297.5mNZ$1.5b3.1x3.2x15.5x
Mon, 14 Mar 2022NZ$4.6bNZ$297.5mNZ$1.5b3.1x3.2x15.6x
Wed, 09 Feb 2022NZ$5.0bNZ$290.9mNZ$1.4bn/a3.6x17.1x
Fri, 07 Jan 2022NZ$5.2bNZ$290.9mNZ$1.4bn/a3.8x17.9x
Sun, 05 Dec 2021NZ$4.9bNZ$290.9mNZ$1.4b3.6x3.6x16.9x
Tue, 02 Nov 2021NZ$1.5bNZ$102.1mNZ$371.3m4x4x14.5x
Thu, 30 Sep 2021NZ$1.5bNZ$102.1mNZ$371.3m4x4x14.5x
Sat, 28 Aug 2021NZ$1.5bNZ$102.1mNZ$371.3m4.1x4.1x14.8x
Sun, 04 Jul 2021NZ$1.4bNZ$102.1mNZ$371.3m3.9x3.9x14.1x
Wed, 07 Apr 2021NZ$1.4bNZ$99.7mNZ$242.4m5.8x5.8x14.2x
Price to Earnings Ratio

12.6x


Total Market Cap: NZ$1.4bTotal Earnings: NZ$113.5mTotal Revenue: NZ$97.4mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Industrial REITs Industry Price to Earnings3Y Average 0.5x202220232024
Current Industry PE
    There are only 2 companies in the New Zealander Industrial 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 Industrial REITs industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 52% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does New Zealand Industrial REITs compare with similar industries?

NZ Market0.22%
Real Estate-0.27%
REITS0.082%
Industrial REITs-1.88%
Specialized REITs3.26%
Office REITs2.02%
Healthcare REITs0.46%
Retail REITs0.18%
Diversified REITs0.082%
Residential REITs0%
Hotel and Resort REITs0%
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
PFI Property For IndustryNZ$2.301.5%
+NZ$17.6m
-0.9%PB0.8x
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Latest News

PFI

NZ$2.30

Property For Industry

7D

1.5%

1Y

-0.9%

GMT

NZ$2.18

Goodman Property Trust

7D

-3.1%

1Y

2.3%