NZSE:FRWLogistics
Freightways (NZSE:FRW) Stock Richly Valued Despite 17% Profit Growth
Freightways Group shareholders watched the stock grind lower into this result, with the share price down about 4% over the past week and about 5% over the past month. That short term fatigue sits awkwardly against an earnings print that delivered around NZ$1.46b of revenue and net profit after tax growth of 17% for FY26. The real story now shifts beyond today’s move. Freightways is lifting its full year dividend to NZ$0.45 and running a P/E of 25.6x, which puts the long term risk reward...