The REITS is pretty flat in the last 7 days, but Stride Property Group has stood out, gaining 3.4%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 50% per annum.
Has the New Zealand REITS Industry valuation changed over the past few years?
Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
---|---|---|---|---|---|---|
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 |
Wed, 24 May 2023 | NZ$1.7b | NZ$291.1m | -NZ$82,473,000.00 | 130.5x | -21.1x | 6x |
Fri, 21 Apr 2023 | NZ$1.8b | NZ$281.7m | NZ$118.2m | 67.9x | 14.9x | 6.3x |
Sun, 19 Mar 2023 | NZ$1.8b | NZ$281.7m | NZ$118.2m | 70.6x | 15.2x | 6.4x |
Tue, 14 Feb 2023 | NZ$11.7b | NZ$1.3b | NZ$934.7m | 12.7x | 12.5x | 9.2x |
Thu, 12 Jan 2023 | NZ$11.4b | NZ$1.3b | NZ$934.7m | 12.2x | 12.2x | 9x |
Sat, 10 Dec 2022 | NZ$11.5b | NZ$1.3b | NZ$934.7m | 12.4x | 12.4x | 9.1x |
Mon, 07 Nov 2022 | NZ$11.6b | NZ$1.3b | NZ$2.1b | 6.1x | 5.6x | 9.1x |
Wed, 05 Oct 2022 | NZ$11.8b | NZ$1.3b | NZ$2.1b | 6.2x | 5.7x | 9.2x |
Fri, 02 Sep 2022 | NZ$12.7b | NZ$1.3b | NZ$2.1b | 6.4x | 6.2x | 9.9x |
Sun, 31 Jul 2022 | NZ$12.8b | NZ$1.3b | NZ$2.3b | 5.2x | 5.5x | 10.1x |
Tue, 28 Jun 2022 | NZ$12.2b | NZ$1.3b | NZ$2.3b | 5x | 5.2x | 9.6x |
Thu, 26 May 2022 | NZ$12.4b | NZ$1.3b | NZ$2.4b | 5x | 5.2x | 9.7x |
Sat, 23 Apr 2022 | NZ$13.4b | NZ$1.3b | NZ$2.7b | 5.1x | 5x | 10.6x |
Mon, 21 Mar 2022 | NZ$13.8b | NZ$1.3b | NZ$2.7b | 5.3x | 5.1x | 10.9x |
Wed, 16 Feb 2022 | NZ$13.9b | NZ$1.3b | NZ$2.7b | n/a | 5.2x | 11.1x |
Fri, 14 Jan 2022 | NZ$14.7b | NZ$1.3b | NZ$2.7b | 16x | 5.5x | 11.7x |
Sun, 12 Dec 2021 | NZ$14.5b | NZ$1.3b | NZ$2.7b | 6x | 5.4x | 11.5x |
Tue, 09 Nov 2021 | NZ$14.1b | NZ$1.2b | NZ$2.2b | n/a | 6.3x | 11.7x |
Thu, 07 Oct 2021 | NZ$14.4b | NZ$1.2b | NZ$2.2b | 5.8x | 6.5x | 11.9x |
Sat, 04 Sep 2021 | NZ$14.7b | NZ$1.2b | NZ$2.2b | 6x | 6.6x | 12.2x |
Mon, 02 Aug 2021 | NZ$14.1b | NZ$1.2b | NZ$2.2b | 5.9x | 6.4x | 11.7x |
7x
Which industries have driven the changes within the New Zealand Real Estate industry?
NZ Market | 1.47% | |
Real Estate | -0.83% | |
REITS | -0.63% | |
Retail REITs | 0.30% | |
Residential REITs | 0% | |
Specialized REITs | 0% | |
Hotel and Resort REITs | 0% | |
Diversified REITs | -0.63% | |
Office REITs | -0.84% | |
Industrial REITs | -1.06% | |
Healthcare REITs | -2.50% |
Which companies have driven the market over the last 7 days?
Company | Last Price | 7D | 1Y | Valuation | |
---|---|---|---|---|---|
SPG Stride Property Group | NZ$1.22 | 3.4% +NZ$22.4m | -7.6% | PB0.7x | |
ARG Argosy Property | NZ$1.12 | 1.8% +NZ$16.9m | 1.8% | PB0.7x | |
APL Asset Plus | NZ$0.20 | 2.5% +NZ$1.8m | -19.6% | PB0.5x |