CDL Investments New Zealand Limited, together with its subsidiary, CDL Land New Zealand Limited engages in the investment, development, management, and sale of residential land properties in New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$1.14|
|52 Week High||NZ$0.77|
|52 Week Low||NZ$1.25|
|1 Month Change||-1.30%|
|3 Month Change||-5.00%|
|1 Year Change||40.74%|
|3 Year Change||31.03%|
|5 Year Change||56.16%|
|Change since IPO||1,528.57%|
Recent News & Updates
Here's What To Make Of CDL Investments New Zealand's (NZSE:CDI) Decelerating Rates Of Return
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
|CDI||NZ Consumer Durables||NZ Market|
Return vs Industry: CDI exceeded the NZ Consumer Durables industry which returned 5.2% over the past year.
Return vs Market: CDI exceeded the NZ Market which returned 2.2% over the past year.
Stable Share Price: CDI is less volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CDI's weekly volatility (3%) has been stable over the past year.
About the Company
CDL Investments New Zealand Limited, together with its subsidiary, CDL Land New Zealand Limited engages in the investment, development, management, and sale of residential land properties in New Zealand. It holds approximately 290 hectares of land for development. CDL Investments New Zealand Limited is based in Auckland, New Zealand.
CDL Investments New Zealand Fundamentals Summary
|CDI fundamental statistics|
Is CDI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CDI income statement (TTM)|
|Cost of Revenue||NZ$53.45m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.13|
|Net Profit Margin||34.07%|
How did CDI perform over the long term?See historical performance and comparison
3.1%Current Dividend Yield
Is CDL Investments New Zealand undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CDI (NZ$1.14) is trading below our estimate of fair value (NZ$15.35)
Significantly Below Fair Value: CDI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CDI is good value based on its PE Ratio (8.8x) compared to the Oceanic Consumer Durables industry average (15.7x).
PE vs Market: CDI is good value based on its PE Ratio (8.8x) compared to the NZ market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CDI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CDI is good value based on its PB Ratio (1.2x) compared to the XO Consumer Durables industry average (2x).
How is CDL Investments New Zealand forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CDL Investments New Zealand has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has CDL Investments New Zealand performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CDI has high quality earnings.
Growing Profit Margin: CDI's current net profit margins (34.1%) are lower than last year (35.5%).
Past Earnings Growth Analysis
Earnings Trend: CDI's earnings have grown by 3.4% per year over the past 5 years.
Accelerating Growth: CDI's earnings growth over the past year (13.2%) exceeds its 5-year average (3.4% per year).
Earnings vs Industry: CDI earnings growth over the past year (13.2%) underperformed the Consumer Durables industry 43.2%.
Return on Equity
High ROE: CDI's Return on Equity (13.5%) is considered low.
How is CDL Investments New Zealand's financial position?
Financial Position Analysis
Short Term Liabilities: CDI's short term assets (NZ$160.4M) exceed its short term liabilities (NZ$8.8M).
Long Term Liabilities: CDI's short term assets (NZ$160.4M) exceed its long term liabilities (NZ$81.0K).
Debt to Equity History and Analysis
Debt Level: CDI is debt free.
Reducing Debt: CDI has not had any debt for past 5 years.
Debt Coverage: CDI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CDI has no debt, therefore coverage of interest payments is not a concern.
What is CDL Investments New Zealand current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CDI's dividend (3.07%) is higher than the bottom 25% of dividend payers in the NZ market (2.45%).
High Dividend: CDI's dividend (3.07%) is low compared to the top 25% of dividend payers in the NZ market (4.75%).
Stability and Growth of Payments
Stable Dividend: CDI's dividends per share have been stable in the past 10 years.
Growing Dividend: CDI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.6%), CDI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
B. Chiu (72 yo)
Mr. B. K. Chiu has been a Managing Director and Executive Director at Millennium & Copthorne Hotels New Zealand Limited since May 2005 and since June 2005 respectively. Mr. Chiu is a Managing Director, sin...
Experienced Board: CDI's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.
CDL Investments New Zealand Limited's employee growth, exchange listings and data sources
- Name: CDL Investments New Zealand Limited
- Ticker: CDI
- Exchange: NZSE
- Founded: NaN
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: NZ$327.765m
- Shares outstanding: 287.51m
- Website: https://www.cdlinvestments.co.nz
- CDL Investments New Zealand Limited
- 280 Queen Street
- Level 13
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 06:01|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.