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Millennium & Copthorne Hotels New Zealand NZSE:MCK Stock Report

Last Price

NZ$1.85

Market Cap

NZ$287.4m

7D

-0.5%

1Y

-14.0%

Updated

19 Apr, 2024

Data

Company Financials

Millennium & Copthorne Hotels New Zealand Limited

NZSE:MCK Stock Report

Market Cap: NZ$287.4m

MCK Stock Overview

Millennium & Copthorne Hotels New Zealand Limited owns, operates, manages, leases, and franchises hotels in New Zealand and Australia.

MCK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

Millennium & Copthorne Hotels New Zealand Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Millennium & Copthorne Hotels New Zealand
Historical stock prices
Current Share PriceNZ$1.85
52 Week HighNZ$2.15
52 Week LowNZ$1.71
Beta0.75
1 Month Change6.32%
3 Month Change1.65%
1 Year Change-13.95%
3 Year Change-23.87%
5 Year Change-34.40%
Change since IPO825.05%

Recent News & Updates

Millennium & Copthorne Hotels New Zealand Limited (NZSE:MCK) Looks Inexpensive But Perhaps Not Attractive Enough

Apr 04
Millennium & Copthorne Hotels New Zealand Limited (NZSE:MCK) Looks Inexpensive But Perhaps Not Attractive Enough

Recent updates

Millennium & Copthorne Hotels New Zealand Limited (NZSE:MCK) Looks Inexpensive But Perhaps Not Attractive Enough

Apr 04
Millennium & Copthorne Hotels New Zealand Limited (NZSE:MCK) Looks Inexpensive But Perhaps Not Attractive Enough

Millennium & Copthorne Hotels New Zealand (NZSE:MCK) Is Reinvesting At Lower Rates Of Return

May 12
Millennium & Copthorne Hotels New Zealand (NZSE:MCK) Is Reinvesting At Lower Rates Of Return

Shareholders Of Millennium & Copthorne Hotels New Zealand (NZSE:MCK) Must Be Happy With Their 63% Return

Mar 20
Shareholders Of Millennium & Copthorne Hotels New Zealand (NZSE:MCK) Must Be Happy With Their 63% Return

Are Millennium & Copthorne Hotels New Zealand's (NZSE:MCK) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Feb 21
Are Millennium & Copthorne Hotels New Zealand's (NZSE:MCK) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Returns On Capital - An Important Metric For Millennium & Copthorne Hotels New Zealand (NZSE:MCK)

Jan 23
Returns On Capital - An Important Metric For Millennium & Copthorne Hotels New Zealand (NZSE:MCK)

Here's Why Millennium & Copthorne Hotels New Zealand (NZSE:MCK) Can Manage Its Debt Responsibly

Dec 27
Here's Why Millennium & Copthorne Hotels New Zealand (NZSE:MCK) Can Manage Its Debt Responsibly

Why Millennium & Copthorne Hotels New Zealand Limited (NZSE:MCK) Is A Dividend Rockstar

Nov 30
Why Millennium & Copthorne Hotels New Zealand Limited (NZSE:MCK) Is A Dividend Rockstar

Shareholder Returns

MCKNZ HospitalityNZ Market
7D-0.5%-2.5%-0.8%
1Y-14.0%-29.4%-4.5%

Return vs Industry: MCK exceeded the NZ Hospitality industry which returned -29.4% over the past year.

Return vs Market: MCK underperformed the NZ Market which returned -4.5% over the past year.

Price Volatility

Is MCK's price volatile compared to industry and market?
MCK volatility
MCK Average Weekly Movement3.4%
Hospitality Industry Average Movement5.3%
Market Average Movement4.2%
10% most volatile stocks in NZ Market7.5%
10% least volatile stocks in NZ Market2.4%

Stable Share Price: MCK has not had significant price volatility in the past 3 months.

Volatility Over Time: MCK's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19851,007n/awww.millenniumhotels.com

Millennium & Copthorne Hotels New Zealand Limited owns, operates, manages, leases, and franchises hotels in New Zealand and Australia. It is involved in the development and sale of residential land sections and residential apartments, as well as the leasing of investment properties, such as retail shops and industrial warehouses. The company was incorporated in 1985 and is headquartered in Auckland, New Zealand.

Millennium & Copthorne Hotels New Zealand Limited Fundamentals Summary

How do Millennium & Copthorne Hotels New Zealand's earnings and revenue compare to its market cap?
MCK fundamental statistics
Market capNZ$287.43m
Earnings (TTM)NZ$21.60m
Revenue (TTM)NZ$145.66m

13.5x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MCK income statement (TTM)
RevenueNZ$145.66m
Cost of RevenueNZ$67.88m
Gross ProfitNZ$77.78m
Other ExpensesNZ$56.18m
EarningsNZ$21.60m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin53.40%
Net Profit Margin14.83%
Debt/Equity Ratio1.8%

How did MCK perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

22%

Payout Ratio

Does MCK pay a reliable dividends?

See MCK dividend history and benchmarks
When do you need to buy MCK by to receive an upcoming dividend?
Millennium & Copthorne Hotels New Zealand dividend dates
Ex Dividend DateMay 09 2024
Dividend Pay DateMay 17 2024
Days until Ex dividend19 days
Days until Dividend pay date27 days

Does MCK pay a reliable dividends?

See MCK dividend history and benchmarks
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