New Zealand Rural Land Company Limited

DB:8UK Stock Report

Market Cap: €71.8m

New Zealand Rural Land Valuation

Is 8UK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 8UK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8UK (€0.46) is trading below our estimate of fair value (€0.58)

Significantly Below Fair Value: 8UK is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8UK?

Key metric: As 8UK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 8UK. This is calculated by dividing 8UK's market cap by their current earnings.
What is 8UK's PE Ratio?
PE Ratio6.2x
EarningsNZ$20.75m
Market CapNZ$128.68m

Price to Earnings Ratio vs Peers

How does 8UK's PE Ratio compare to its peers?

The above table shows the PE ratio for 8UK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.6x
HABA Hamborner REIT
64.5x10.8%€527.9m
4333 Taleem REIT Fund
15.7xn/aر.س560.0m
CREIT Citicore Energy REIT
14.1x3.3%₱19.8b
IMPACT IMPACT Growth Real Estate Investment Trust
16x2.3%฿16.5b
8UK New Zealand Rural Land
6.2x-7.7%€128.7m

Price-To-Earnings vs Peers: 8UK is good value based on its Price-To-Earnings Ratio (6.2x) compared to the peer average (27.5x).


Price to Earnings Ratio vs Industry

How does 8UK's PE Ratio compare vs other companies in the Global Specialized REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
8UK 6.2xIndustry Avg. 19.3xNo. of Companies7PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 8UK is good value based on its Price-To-Earnings Ratio (6.2x) compared to the Global Specialized REITs industry average (19.3x).


Price to Earnings Ratio vs Fair Ratio

What is 8UK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

8UK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 8UK's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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