How does MCKPA's PE Ratio compare to its peers?

MCKPA is expensive based on its Price-To-Earnings Ratio (81.3x) compared to the peer average (37.2x).

How does MCKPA's PE Ratio compare vs other companies in the Oceanian Hospitality Industry?

MCKPA is expensive based on its Price-To-Earnings Ratio (81.3x) compared to the Global Hospitality industry average (20.6x).

What is MCKPA'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.

Insufficient data to calculate MCKPA's Price-To-Earnings Fair Ratio for valuation analysis.

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

MCKPA (NZ$1.7) is trading below our estimate of [[fair value]] (NZ$21.39)

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

Insufficient data to show price forecast.

MCKPA Stock Overview

Owns, operates, manages, leases, and franchises hotels in New Zealand and Australia. More details

MCKPA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 92.1% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Earnings have declined by 28.7% per year over past 5 years

Profit margins (2.2%) are lower than last year (10.4%)

My Notes

Capture your thoughts, links and company narrative

Millennium & Copthorne Hotels New Zealand Limited Competitors

Restaurant Brands New Zealand

NZSE:RBD

NZ$500.3m

Adventure

TSE:6030

JP¥24.1b

Cooks Coffee

NZSE:CCC

NZ$19.4m

ByteTravel

BME:SCBYT

€197.9m

Price History & Performance

Summary of share price highs, lows and changes for Millennium & Copthorne Hotels New Zealand
Historical stock prices
Current Share Price	NZ$1.70
52 Week High	NZ$1.83
52 Week Low	NZ$1.60
Beta	0.70
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	-27.04%
5 Year Change	n/a
Change since IPO	117.95%

Recent updates

Shareholder Returns

	MCKPA	NZ Hospitality	NZ Market
7D	0%	0.2%	1.3%
1Y	n/a	-10.9%	7.2%

Return vs Industry: Insufficient data to determine how MCKPA performed against the NZ Hospitality industry.

Return vs Market: Insufficient data to determine how MCKPA performed against the NZ Market.

Price Volatility

Is MCKPA's price volatile compared to industry and market?
MCKPA volatility
MCKPA Average Weekly Movement	n/a
Hospitality Industry Average Movement	6.3%
Market Average Movement	4.6%
10% most volatile stocks in NZ Market	9.1%
10% least volatile stocks in NZ Market	3.0%

Stable Share Price: MCKPA's share price has been volatile over the past 3 months compared to the NZ market.

Volatility Over Time: Insufficient data to determine MCKPA's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1985	1,007	n/a	www.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?
MCKPA fundamental statistics
Market cap	NZ$289.01m
Earnings (TTM)	NZ$3.68m
Revenue (TTM)	NZ$170.93m

81.3x

P/E Ratio

1.7x

P/S Ratio

Is MCKPA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MCKPA income statement (TTM)
Revenue	NZ$170.93m
Cost of Revenue	NZ$77.58m
Gross Profit	NZ$93.34m
Other Expenses	NZ$89.67m
Earnings	NZ$3.68m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.023
Gross Margin	54.61%
Net Profit Margin	2.15%
Debt/Equity Ratio	0%

How did MCKPA perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

129%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 14:01
End of Day Share Price	2024/12/06 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Millennium & Copthorne Hotels New Zealand Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution