Kiwi Property (NZX: KPG) is the largest listed property company on the New Zealand Stock Exchange and is a member of the S&P/NZX 20 Index.
Average dividend payer with acceptable track record.
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
7 Day Return
1 Year Return
Return vs Industry: KPG underperformed the NZ REITs industry which returned 31.2% over the past year.
Return vs Market: KPG exceeded the NZ Market which returned 17.7% over the past year.
Share holder returns
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 days ago | Simply Wall StBased On Its ROE, Is Kiwi Property Group Limited (NZSE:KPG) A High Quality Stock?
4 weeks ago | Simply Wall StWhat Do Investors Need To Know About Kiwi Property Group Limited's (NZSE:KPG) Growth?
1 month ago | Simply Wall StWhat To Know Before Buying Kiwi Property Group Limited (NZSE:KPG) For Its Dividend
Is Kiwi Property Group undervalued based on future cash flows and its price relative to the stock market?
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Undervalued: KPG (NZ$1.65) is trading above our estimate of fair value (NZ$1.3)
Significantly Undervalued: KPG is trading above our estimate of fair value.
Price Based on Earnings
PE vs Industry: KPG is poor value based on its PE Ratio (17.1x) compared to the REITs industry average (12.2x).
PE vs Market: KPG is good value based on its PE Ratio (17.1x) compared to the NZ market (18.3x).
Price Based on Expected Growth
Low PEG Ratio: KPG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price Based on Value of Assets
PB vs Industry: KPG is good value based on its PB Ratio (1.2x) compared to the NZ REITs industry average (1.2x).
How is Kiwi Property Group expected to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Earnings vs Savings Rate: KPG's earnings are forecast to decline over the next 3 years (-0.5% per year).
Earnings vs Market: KPG's earnings are forecast to decline over the next 3 years (-0.5% per year).
High Growth Earnings: KPG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: KPG's revenue is expected to decline over the next 3 years (-3.3% per year).
High Growth Revenue: KPG's revenue is forecast to decline over the next 3 years (-3.3%).
Earnings per Share Growth Estimates
Future Return on Equity
High Future ROE: KPG's Return on Equity is forecast to be low in 3 years time (5.2%).
How has Kiwi Property Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: KPG's earnings have grown by 3.9% per year over the past 5 years.
Accelerating Growth: KPG's earnings growth over the past year (15%) exceeds its 5-year average (3.9% per year).
Earnings vs Industry: KPG earnings growth over the past year (15%) underperformed the REITs industry 18.9%.
Return on Equity
High ROE: KPG's Return on Equity (6.7%) is considered low.
Return on Assets
ROA vs Industry: KPG's Return on Assets is below or equal to the REITs industry average last year.
Return on Capital Employed
ROCE Improving: KPG has improved its Return on Capital Employed over the past 3 years.
How is Kiwi Property Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: KPG has a high level of physical assets or inventory.
Debt Coverage by Assets: KPG's debt is not covered by short term assets (assets are 0x debt).
Financial Institutions Analysis
Asset Level: KPG's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if KPG has a sufficient allowance for bad loans.
Low Risk Liabilities: KPG reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if KPG has an acceptable proportion of non-loan assets held.
Low Risk Deposits: KPG has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if KPG has an appropriate level of bad loans.
What is Kiwi Property Group's current dividend yield, its reliability and sustainability?
Expected Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Dividend Yield and Payments Analysis
Notable Dividend: KPG's dividend (4.21%) is higher than the bottom 25% of dividend payers in the NZ market (3.02%).
High Dividend: KPG's dividend (4.21%) is low compared to the top 25% of dividend payers in the NZ market (5.62%).
Stable Dividend: KPG's dividends per share have been stable in the past 10 years.
Growing Dividend: KPG's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (76.2%), KPG's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KPG's dividends in 3 years are forecast to be thoroughly covered by earnings (0.07% payout ratio).
What is the CEO of Kiwi Property Group's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Clive Mackenzie 0
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 ...
Management Age and Tenure
Experienced Management: KPG's management team is considered experienced (3.2 years average tenure).
Board Age and Tenure
Experienced Board: KPG's board of directors are considered experienced (6.7 years average tenure).
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Chief Financial Officer
- Tenure: 5.8yrs
General Counsel & Company Secretary
- Tenure: 6.3yrs
General Manager of People & Communications
- Tenure: 0.3yrs
Investor Relations & Communications Manager
- Tenure: 0yrs
General Manager of Development
- Tenure: 3.2yrs
Chief Executive Officer
- Tenure: 1.3yrs
- Tenure: 5.2yrs
- Compensation: NZ$111.91k
Mark Henry Ford (65yo)
Independent Chairman of the Board
- Tenure: 8.2yrs
- Compensation: NZ$165.00k
- Tenure: 27.3yrs
- Compensation: NZ$100.13k
- Tenure: 2yrs
- Compensation: NZ$102.00k
Mike Steur (60yo)
- Tenure: 9.8yrs
- Compensation: NZ$110.13k
- Tenure: 5.1yrs
- Compensation: NZ$112.00k
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$2.398b
- Shares outstanding: 1.44b
- 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 the largest listed property company on the New Zealand Stock Exchange and is a member of the S&P/NZX 20 Index. We’ve been around for 25 years and we proudly own and manage a $3. ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/10/14 10:33|
|End of Day Share Price||2019/10/14 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.