IPL Stock Overview
Investore Property Limited (Investore) is a commercial property ownership business that has been established to invest in quality Large Format Retail property assets.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
Investore Property Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NZ$1.03 |
| 52 Week High | NZ$1.49 |
| 52 Week Low | NZ$1.00 |
| Beta | 0.30 |
| 1 Month Change | -7.21% |
| 3 Month Change | -7.21% |
| 1 Year Change | -26.95% |
| 3 Year Change | -49.01% |
| 5 Year Change | -41.14% |
| Change since IPO | -36.02% |
Recent News & Updates
Shareholder Returns
| IPL | NZ Retail REITs | NZ Market | |
|---|---|---|---|
| 7D | -4.6% | 2.3% | 1.5% |
| 1Y | -27.0% | 5.1% | -6.1% |
Return vs Industry: IPL underperformed the NZ Retail REITs industry which returned 5.1% over the past year.
Return vs Market: IPL underperformed the NZ Market which returned -6.1% over the past year.
Price Volatility
| IPL volatility | |
|---|---|
| IPL Average Weekly Movement | 3.9% |
| Retail REITs Industry Average Movement | 3.1% |
| Market Average Movement | 4.2% |
| 10% most volatile stocks in NZ Market | 8.4% |
| 10% least volatile stocks in NZ Market | 2.7% |
Stable Share Price: IPL has not had significant price volatility in the past 3 months.
Volatility Over Time: IPL's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | n/a | Philip Littlewood | www.investoreproperty.co.nz |
Investore Property Limited (Investore) is a commercial property ownership business that has been established to invest in quality Large Format Retail property assets. Investore was established in October 2015 in connection with the acquisition of 19 Countdown supermarkets from Antipodean Supermarkets Limited and Antipodean Properties Limited. The transfer of six properties from Stride Property Limited (Stride) and Stride Holdings Limited to Investore took place between 29 April and 9 June 2016 by way of sale and purchase agreements for cash consideration equal to the most recently obtained independent valuation of the properties transferred (in each case, 31 March 2016).
Investore Property Limited Fundamentals Summary
| IPL fundamental statistics | |
|---|---|
| Market cap | NZ$385.04m |
| Earnings (TTM) | -NZ$67.11m |
| Revenue (TTM) | NZ$72.82m |
5.3x
P/S Ratio-5.7x
P/E RatioIs IPL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IPL income statement (TTM) | |
|---|---|
| Revenue | NZ$72.82m |
| Cost of Revenue | NZ$16.95m |
| Gross Profit | NZ$55.87m |
| Other Expenses | NZ$122.98m |
| Earnings | -NZ$67.11m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.18 |
| Gross Margin | 76.72% |
| Net Profit Margin | -92.16% |
| Debt/Equity Ratio | 68.3% |
How did IPL perform over the long term?
See historical performance and comparisonDividends
7.7%
Current Dividend Yield69%
Payout RatioDoes IPL pay a reliable dividends?
See IPL dividend history and benchmarks| Investore Property dividend dates | |
|---|---|
| Ex Dividend Date | May 24 2024 |
| Dividend Pay Date | Jun 06 2024 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 14 days |
Does IPL pay a reliable dividends?
See IPL dividend history and benchmarks