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ARV

Arvida GroupNZSE:ARV Stock Report

Last Price

NZ$1.81

Market Cap

NZ$1.3b

7D

-5.7%

1Y

4.6%

Updated

22 Jan, 2022

Data

Company Financials +
ARV fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health2/6
Dividends3/6

ARV Stock Overview

Arvida Group Limited, together with its subsidiaries, owns, develops, and operates retirement villages and care facilities for the elderly in New Zealand.

Arvida Group Competitors

Oceania Healthcare

NZSE:OCA

NZ$852.2m

Winton Land

NZSE:WIN

NZ$1.1b

Price History & Performance

Summary of all time highs, changes and price drops for Arvida Group
Historical stock prices
Current Share PriceNZ$1.81
52 Week HighNZ$2.15
52 Week LowNZ$1.63
Beta0.64
1 Month Change-7.18%
3 Month Change-10.84%
1 Year Change4.62%
3 Year Change36.09%
5 Year Change33.09%
Change since IPO90.53%

Recent News & Updates

Oct 21
Does Arvida Group (NZSE:ARV) Deserve A Spot On Your Watchlist?

Does Arvida Group (NZSE:ARV) Deserve A Spot On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

ARVNZ HealthcareNZ Market
7D-5.7%-5.1%-3.1%
1Y4.6%-4.1%-11.4%

Return vs Industry: ARV exceeded the NZ Healthcare industry which returned -4.1% over the past year.

Return vs Market: ARV exceeded the NZ Market which returned -11.4% over the past year.

Price Volatility

Is ARV's price volatile compared to industry and market?
ARV volatility
ARV Average Weekly Movement2.9%
Healthcare Industry Average Movement3.5%
Market Average Movement3.8%
10% most volatile stocks in NZ Market6.5%
10% least volatile stocks in NZ Market2.4%

Stable Share Price: ARV is less volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 3% a week.

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

About the Company

FoundedEmployeesCEOWebsite
20142,600Jeremy Nicollhttps://www.arvida.co.nz

Arvida Group Limited, together with its subsidiaries, owns, develops, and operates retirement villages and care facilities for the elderly in New Zealand. As of March 31, 2021, it operated approximately 33 retirement villages with 1,672 aged care beds and 2,695 retirement units. The company was formerly known as Hercules Limited.

Arvida Group Fundamentals Summary

How do Arvida Group's earnings and revenue compare to its market cap?
ARV fundamental statistics
Market CapNZ$1.30b
Earnings (TTM)NZ$164.78m
Revenue (TTM)NZ$182.21m

7.9x

P/E Ratio

7.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ARV income statement (TTM)
RevenueNZ$182.21m
Cost of RevenueNZ$124.52m
Gross ProfitNZ$57.69m
Expenses-NZ$107.08m
EarningsNZ$164.78m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.23
Gross Margin31.66%
Net Profit Margin90.43%
Debt/Equity Ratio45.1%

How did ARV perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

18%

Payout Ratio

Valuation

Is Arvida Group undervalued compared to its fair value and its price relative to the market?

7.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ARV (NZ$1.81) is trading above our estimate of fair value (NZ$1.61)

Significantly Below Fair Value: ARV is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ARV is good value based on its PE Ratio (7.9x) compared to the Oceanic Healthcare industry average (26.6x).

PE vs Market: ARV is good value based on its PE Ratio (7.9x) compared to the NZ market (17.6x).


Price to Earnings Growth Ratio

PEG Ratio: ARV's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ARV is good value based on its PB Ratio (1.5x) compared to the XO Healthcare industry average (2.7x).


Future Growth

How is Arvida Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

-3.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ARV's earnings are forecast to decline over the next 3 years (-3.2% per year).

Earnings vs Market: ARV's earnings are forecast to decline over the next 3 years (-3.2% per year).

High Growth Earnings: ARV's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ARV's revenue (11.4% per year) is forecast to grow faster than the NZ market (4.8% per year).

High Growth Revenue: ARV's revenue (11.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ARV's Return on Equity is forecast to be low in 3 years time (8.3%).


Past Performance

How has Arvida Group performed over the past 5 years?

21.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ARV has a large one-off gain of NZ$152.1M impacting its September 30 2021 financial results.

Growing Profit Margin: ARV's current net profit margins (90.4%) are higher than last year (23.2%).


Past Earnings Growth Analysis

Earnings Trend: ARV's earnings have grown significantly by 21.5% per year over the past 5 years.

Accelerating Growth: ARV's earnings growth over the past year (317.5%) exceeds its 5-year average (21.5% per year).

Earnings vs Industry: ARV earnings growth over the past year (317.5%) exceeded the Healthcare industry 70.4%.


Return on Equity

High ROE: ARV's Return on Equity (18.4%) is considered low.


Financial Health

How is Arvida Group's financial position?


Financial Position Analysis

Short Term Liabilities: ARV's short term assets (NZ$58.1M) exceed its short term liabilities (NZ$44.1M).

Long Term Liabilities: ARV's short term assets (NZ$58.1M) do not cover its long term liabilities (NZ$1.4B).


Debt to Equity History and Analysis

Debt Level: ARV's net debt to equity ratio (43.9%) is considered high.

Reducing Debt: ARV's debt to equity ratio has increased from 11.5% to 45.1% over the past 5 years.

Debt Coverage: ARV's debt is well covered by operating cash flow (36.5%).

Interest Coverage: ARV's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


Dividend

What is Arvida Group current dividend yield, its reliability and sustainability?

2.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ARV's dividend (2.76%) is higher than the bottom 25% of dividend payers in the NZ market (2.76%).

High Dividend: ARV's dividend (2.76%) is low compared to the top 25% of dividend payers in the NZ market (4.97%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ARV has been paying a dividend for less than 10 years.

Growing Dividend: ARV's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (17.9%), ARV's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ARV's dividends in 3 years are forecast to be well covered by earnings (43.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.7yrs

Average board tenure


CEO

Jeremy Nicoll

1

Tenure

Mr. Jeremy Nicoll, BCom, CA serves as Chief Executive Officer at Arvida Group Limited since 2021 and was Deputy Chief Executive Officer until 2021. He served as the Chief Financial Officer of Arvida Grou...


Board Members

Experienced Board: ARV's board of directors are considered experienced (6.7 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 32.7%.


Top Shareholders

Company Information

Arvida Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Arvida Group Limited
  • Ticker: ARV
  • Exchange: NZSE
  • Founded: 2014
  • Industry: Health Care Facilities
  • Sector: Healthcare
  • Implied Market Cap: NZ$1.303b
  • Shares outstanding: 720.06m
  • Website: https://www.arvida.co.nz

Number of Employees


Location

  • Arvida Group Limited
  • 39 Market Place
  • Level 1
  • Auckland
  • 1010
  • New Zealand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 06:01
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.