Arvida Group
Market Cap
NZ$943.9m
Last Updated
2021/01/26 06:01 UTC
Data Sources
Company Financials +
Executive Summary
Arvida Group Limited, together with its subsidiaries, owns, develops, and operates retirement villages and care facilities for the elderly in New Zealand. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with reasonable growth potential.
Share Price & News
How has Arvida Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
Market Performance
7 Day Return
0.6%
ARV
3.4%
NZ Healthcare
3.9%
NZ Market
1 Year Return
-4.9%
ARV
7.2%
NZ Healthcare
10.6%
NZ Market
Return vs Industry: ARV underperformed the NZ Healthcare industry which returned 7.2% over the past year.
Return vs Market: ARV underperformed the NZ Market which returned 10.6% over the past year.
Shareholder returns
| ARV | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 3.4% | 3.9% |
| 30 Day | -0.6% | 2.2% | 3.2% |
| 90 Day | -0.6% | 9.7% | 11.0% |
| 1 Year | -1.7%-4.9% | 9.6%7.2% | 14.7%10.6% |
| 3 Year | 57.3%35.7% | 69.3%56.9% | 56.9%36.1% |
| 5 Year | 148.0%90.2% | 53.4%32.9% | 112.7%61.1% |
Long-Term Price Volatility Vs. Market
How volatile is Arvida Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Kind Of Investors Own Most Of Arvida Group Limited (NZSE:ARV)?3 weeks ago | Simply Wall St
Here's Why We Don't Think Arvida Group's (NZSE:ARV) Statutory Earnings Reflect Its Underlying Earnings Potential1 month ago | Simply Wall St
Shareholders Of Arvida Group (NZSE:ARV) Must Be Happy With Their 140% Total ReturnValuation
Is Arvida Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ARV (NZ$1.75) is trading below our estimate of fair value (NZ$8.96)
Significantly Below Fair Value: ARV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ARV is good value based on its PE Ratio (24x) compared to the XO Healthcare industry average (32.5x).
PE vs Market: ARV is good value based on its PE Ratio (24x) compared to the NZ market (25.1x).
Price to Earnings Growth Ratio
PEG Ratio: ARV is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: ARV is good value based on its PB Ratio (1.3x) compared to the NZ Healthcare industry average (2.8x).
Next Steps
Future Growth
How is Arvida Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
23.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ARV's forecast earnings growth (23.4% per year) is above the savings rate (2.3%).
Earnings vs Market: ARV's earnings (23.4% per year) are forecast to grow faster than the NZ market (11.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ARV's revenue (11.1% per year) is forecast to grow faster than the NZ market (5.1% per year).
High Growth Revenue: ARV's revenue (11.1% 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 (8.7%).
Next Steps
Past Performance
How has Arvida Group performed over the past 5 years?
14.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARV has a large one-off gain of NZ$7.3M impacting its September 30 2020 financial results.
Growing Profit Margin: ARV's current net profit margins (23.2%) are lower than last year (46.9%).
Past Earnings Growth Analysis
Earnings Trend: ARV's earnings have grown by 14% per year over the past 5 years.
Accelerating Growth: ARV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ARV had negative earnings growth (-46.2%) over the past year, making it difficult to compare to the Healthcare industry average (-16.1%).
Return on Equity
High ROE: ARV's Return on Equity (5.3%) is considered low.
Next Steps
Financial Health
How is Arvida Group's financial position?
Financial Position Analysis
Short Term Liabilities: ARV's short term assets (NZ$42.8M) exceed its short term liabilities (NZ$41.4M).
Long Term Liabilities: ARV's short term assets (NZ$42.8M) do not cover its long term liabilities (NZ$1.2B).
Debt to Equity History and Analysis
Debt Level: ARV's debt to equity ratio (48.7%) is considered high.
Reducing Debt: ARV's debt to equity ratio has increased from 4% to 48.7% over the past 5 years.
Debt Coverage: ARV's debt is well covered by operating cash flow (34.3%).
Interest Coverage: ARV's interest payments on its debt are well covered by EBIT (3x coverage).
Balance Sheet
Next Steps
Dividend
What is Arvida Group current dividend yield, its reliability and sustainability?
3.31%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ARV's dividend (3.31%) is higher than the bottom 25% of dividend payers in the NZ market (2.24%).
High Dividend: ARV's dividend (3.31%) is low compared to the top 25% of dividend payers in the NZ market (4.1%).
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 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (72.8%), ARV's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ARV's dividends in 3 years are forecast to be covered by earnings (52.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.9yrs
Average board tenure
CEO
Bill McDonald
no data
Tenure
Mr. William Adam McDonald, also known as Bill, B.Bus, MAgribus serves as the Chief Executive Officer of Arvida Group Limited. Mr. McDonald joined Arvida as a consultant in September 2014. He is an experien...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 6.17yrs | NZ$150.00k | 0.099% NZ$ 935.2k | |
| Independent Director | 6.17yrs | NZ$94.00k | 0.069% NZ$ 652.4k | |
| Independent Director | 5.67yrs | NZ$82.00k | 0.035% NZ$ 328.9k | |
| Independent Director | 5.67yrs | NZ$90.00k | 0.024% NZ$ 230.8k | |
| Independent Director | 0.17yr | no data | no data | |
| Independent Director | 7yrs | NZ$82.00k | 0.34% NZ$ 3.2m |
5.9yrs
Average Tenure
Experienced Board: ARV's board of directors are considered experienced (5.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ARV insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Arvida Group Limited's company bio, 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
- Market Cap: NZ$943.929m
- Shares outstanding: 542.49m
- Website: https://www.arvida.co.nz
Number of Employees
Location
- Arvida Group Limited
- 39 Market Place
- Level 1
- Auckland
- 1010
- New Zealand
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ARV | NZSE (New Zealand Stock Exchange) | Yes | Ordinary Shares | NZ | NZD | Dec 2014 |
Biography
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, 2020, it operated approximately 32...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 06:01 |
| End of Day Share Price | 2021/01/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.