Kiwi Property (NZX: KPG) is one of the largest listed property companies on the New Zealand Stock Exchange and is a member of the S&P/NZX 20 Index.
Fair value with moderate growth potential.
Share Price & News
How has Kiwi Property Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KPG has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: KPG underperformed the NZ REITs industry which returned -8.8% over the past year.
Return vs Market: KPG underperformed the NZ Market which returned -0.5% over the past year.
Price Volatility Vs. Market
How volatile is Kiwi Property Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHow Much Did Kiwi Property Group's(NZSE:KPG) Shareholders Earn From Share Price Movements Over The Last Year?
1 month ago | Simply Wall StHave Insiders Sold Kiwi Property Group Limited (NZSE:KPG) Shares Recently?
2 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most Kiwi Property Group Limited (NZSE:KPG) Stock?
Is Kiwi Property Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KPG (NZ$1.04) is trading below our estimate of fair value (NZ$1.39)
Significantly Below Fair Value: KPG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KPG is unprofitable, so we can't compare its PE Ratio to the NZ REITs industry average.
PE vs Market: KPG is unprofitable, so we can't compare its PE Ratio to the NZ market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KPG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KPG is good value based on its PB Ratio (0.8x) compared to the NZ REITs industry average (1.1x).
How is Kiwi Property Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KPG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).
Earnings vs Market: KPG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: KPG's is expected to become profitable in the next 3 years.
Revenue vs Market: KPG's revenue is expected to decline over the next 3 years (-5% per year).
High Growth Revenue: KPG's revenue is forecast to decline over the next 3 years (-5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KPG's Return on Equity is forecast to be low in 3 years time (5.6%).
How has Kiwi Property Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KPG is currently unprofitable.
Growing Profit Margin: KPG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KPG is unprofitable, and losses have increased over the past 5 years at a rate of 24.2% per year.
Accelerating Growth: Unable to compare KPG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KPG is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-16.1%).
Return on Equity
High ROE: KPG has a negative Return on Equity (-9.47%), as it is currently unprofitable.
How is Kiwi Property Group's financial position?
Financial Position Analysis
Short Term Liabilities: KPG's short term assets (NZ$33.2M) do not cover its short term liabilities (NZ$56.4M).
Long Term Liabilities: KPG's short term assets (NZ$33.2M) do not cover its long term liabilities (NZ$1.1B).
Debt to Equity History and Analysis
Debt Level: KPG's debt to equity ratio (52.6%) is considered high.
Reducing Debt: KPG's debt to equity ratio has reduced from 56.6% to 52.6% over the past 5 years.
Debt Coverage: KPG's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: KPG is unprofitable, therefore interest payments are not well covered by earnings.
What is Kiwi Property Group current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KPG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KPG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KPG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KPG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: KPG is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KPG's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Clive Mackenzie serves as Chief Executive Officer of Kiwi Property Group Limited since July 16, 2018. He has extensive experience in retail and mixed-use property development in New Zealand and the Uni ...
CEO Compensation Analysis
Compensation vs Market: Clive's total compensation ($USD1.05M) is above average for companies of similar size in the NZ market ($USD765.18K).
Compensation vs Earnings: Insufficient data to compare Clive's compensation with company performance.
|Chief Executive Officer||2.08yrs||NZ$1.58m||0.0046% |
|Chief Financial Officer||6.58yrs||no data||0.0079% |
|Investor Relations & Communications Manager||no data||no data||no data|
|General Counsel & Company Secretary||7.08yrs||no data||0.0045% |
|General Manager of People & Communications||1.08yrs||no data||0.0052% |
|General Manager of Development||4yrs||no data||0.0037% |
Experienced Management: KPG's management team is considered experienced (4 years average tenure).
|Independent Director||6yrs||NZ$114.00k||no data|
|Independent Chairman of the Board||9yrs||NZ$172.50k||no data|
|Independent Director||28.08yrs||NZ$105.50k||no data|
|Independent Non-Executive Director||2.83yrs||NZ$105.50k||0.0032% |
|Independent Director||10.58yrs||NZ$117.00k||0.013% |
|Independent Non-Executive Director||0.75yr||NZ$43.96k||no data|
|Independent Director||5.92yrs||NZ$114.00k||no data|
Experienced Board: KPG's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KPG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.7%.
Kiwi Property Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Kiwi Property Group Limited
- Ticker: KPG
- Exchange: NZSE
- Founded: 1992
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: NZ$1.632b
- Shares outstanding: 1.57b
- Website: https://www.kp.co.nz
Number of Employees
- Kiwi Property Group Limited
- Level 7, Vero Centre
- 48 Shortland Street
- New Zealand
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KWIP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 1994|
|KPG||NZSE (New Zealand Stock Exchange)||Yes||Ordinary Shares||NZ||NZD||Jun 1994|
Kiwi Property (NZX: KPG) is one of the largest listed property companies on the New Zealand Stock Exchange and is a member of the S&P/NZX 20 Index. We’ve been around for over 25 years and we proudly own an ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/10 10:39|
|End of Day Share Price||2020/08/07 00:00|
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.