Investore Property Future Growth

Future criteria checks 3/6

Investore Property is forecast to grow earnings and revenue by 61.5% and 0.3% per annum respectively. EPS is expected to grow by 102.9% per annum. Return on equity is forecast to be 5.2% in 3 years.

Key information

61.5%

Earnings growth rate

102.9%

EPS growth rate

Retail REITs earnings growth	26.4%
Revenue growth rate	0.3%
Future return on equity	5.2%
Analyst coverage	Low
Last updated	17 Mar 2024

Recent future growth updates

Recent updates

Here's What Investore Property Limited's (NZSE:IPL) Shareholder Ownership Structure Looks Like

Feb 14

Earnings and Revenue Growth Forecasts

NZSE:IPL - Analysts future estimates and past financials data (NZD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	66	55	N/A	N/A	1
3/31/2026	64	41	N/A	N/A	3
3/31/2025	63	29	N/A	N/A	3
3/31/2024	61	-71	N/A	N/A	3
9/30/2023	72	-189	29	29	N/A
6/30/2023	71	-170	30	30	N/A
3/31/2023	71	-150	31	31	N/A
12/31/2022	71	-58	30	30	N/A
9/30/2022	71	34	29	29	N/A
6/30/2022	69	76	28	29	N/A
3/31/2022	68	118	27	28	N/A
12/31/2021	67	123	30	30	N/A
9/30/2021	66	127	33	33	N/A
6/30/2021	65	144	30	30	N/A
3/31/2021	65	161	27	27	N/A
12/31/2020	62	135	22	22	N/A
9/30/2020	59	109	17	17	N/A
6/30/2020	57	69	18	18	N/A
3/31/2020	54	29	18	18	N/A
12/31/2019	54	34	18	18	N/A
9/30/2019	55	40	17	17	N/A
6/30/2019	55	39	19	19	N/A
3/31/2019	55	39	21	21	N/A
12/31/2018	54	42	23	23	N/A
9/30/2018	53	45	25	25	N/A
6/30/2018	52	45	23	23	N/A
3/31/2018	50	46	21	21	N/A
12/31/2017	49	42	21	21	N/A
9/30/2017	48	38	21	21	N/A
6/30/2017	43	33	N/A	20	N/A
3/31/2017	37	29	N/A	18	N/A
3/31/2016	15	6	N/A	9	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IPL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.7%).

Earnings vs Market: IPL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: IPL is expected to become profitable in the next 3 years.

Revenue vs Market: IPL's revenue (0.3% per year) is forecast to grow slower than the NZ market (5.4% per year).

High Growth Revenue: IPL's revenue (0.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: IPL's Return on Equity is forecast to be low in 3 years time (5.2%).

Investore Property Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 140%

Price target decreased by 8.3% to NZ$1.25

Price target decreased by 8.5% to NZ$1.39

Consensus EPS estimates fall by 211%

Consensus forecasts updated

Price target decreased to NZ$1.69

Recent updates

Dividend of NZ$0.018 announced

Now 21% undervalued after recent price drop

Consensus EPS estimates fall by 140%

Price target decreased by 8.3% to NZ$1.25

First half 2024 earnings released: NZ$0.18 loss per share (vs NZ$0.075 loss in 1H 2023)

Now 22% undervalued after recent price drop

Price target decreased by 8.5% to NZ$1.39

Investore Property Limited, Annual General Meeting, Jun 28, 2023

Full year 2023 earnings released: NZ$0.41 loss per share (vs NZ$0.32 profit in FY 2022)

Investore Property Limited Announces Final Dividend for the Year Ended March 31, 2023, Payable on June 6, 2023

Consensus EPS estimates fall by 211%

Consensus forecasts updated

Investore Property Limited Declares Cash Dividend for the Period 1 July 2022 to 30 September 2022, Payable on 1 December 2022

First half 2023 earnings released: NZ$0.075 loss per share (vs NZ$0.15 profit in 1H 2022)

Price target decreased to NZ$1.69

Investore Property Limited, Annual General Meeting, Jun 30, 2022

Price target decreased to NZ$1.72

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Consensus forecasts updated

Full year 2021 earnings released: EPS NZ$0.45 (vs NZ$0.10 in FY 2020)

Investore Property Limited (NZSE:IPL) entered into an unconditional agreement to acquire Existing supermarket and convenience retail property in Petone for $37.3 million.

Consensus forecasts updated

New 90-day low: NZ$2.10

Here's What Investore Property Limited's (NZSE:IPL) Shareholder Ownership Structure Looks Like

Analysts update estimates

New 90-day high: NZ$2.28

Price target raised to NZ$2.01

Analysts update estimates

Investore Property Limited (NZSE:IPL) acquired 24 Brighton Mall, Christchurch for NZD 5.8 million.

New 90-day high - NZ$2.09

New 90-day high - NZ$2.00

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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