New Zealand Rural Land Company Limited focuses on investing and acquiring rural land across the New Zealand agricultural sector.
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$1.12|
|52 Week High||NZ$1.05|
|52 Week Low||NZ$1.31|
|1 Month Change||0.90%|
|3 Month Change||4.67%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-10.40%|
Recent News & Updates
|NZL||NZ Real Estate||NZ Market|
Return vs Industry: Insufficient data to determine how NZL performed against the NZ Real Estate industry.
Return vs Market: Insufficient data to determine how NZL performed against the NZ Market.
Stable Share Price: NZL is less volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: NZL's weekly volatility (2%) has been stable over the past year.
About the Company
New Zealand Rural Land Company Limited focuses on investing and acquiring rural land across the New Zealand agricultural sector. It owns the land and provide a platform for farmers and food producers. The company was incorporated in 2020 and is based in Auckland, New Zealand.
New Zealand Rural Land Fundamentals Summary
|NZL fundamental statistics|
Is NZL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NZL income statement (TTM)|
|Cost of Revenue||NZ$118.80k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.19|
|Net Profit Margin||3,035.14%|
How did NZL perform over the long term?See historical performance and comparison
Is New Zealand Rural Land undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NZL (NZ$1.12) is trading above our estimate of fair value (NZ$0.88)
Significantly Below Fair Value: NZL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NZL is good value based on its PE Ratio (6x) compared to the Oceanic Real Estate industry average (16.8x).
PE vs Market: NZL is good value based on its PE Ratio (6x) compared to the NZ market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NZL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NZL's PB Ratio (1x) is in line with the XO Real Estate industry average.
How is New Zealand Rural Land forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as New Zealand Rural Land has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has New Zealand Rural Land performed over the past 5 years?
Historical Real Estate annual earnings growth
Earnings and Revenue History
Quality Earnings: NZL has a large one-off gain of NZ$19.8M impacting its June 30 2021 financial results.
Growing Profit Margin: Insufficient data to determine if NZL's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if NZL's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare NZL's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: Insufficient data to determine if NZL's earnings growth over the past year exceeded the Real Estate industry average.
Return on Equity
High ROE: NZL's Return on Equity (16.5%) is considered low.
How is New Zealand Rural Land's financial position?
Financial Position Analysis
Short Term Liabilities: NZL's short term assets (NZ$21.2M) exceed its short term liabilities (NZ$308.0K).
Long Term Liabilities: NZL's short term assets (NZ$21.2M) do not cover its long term liabilities (NZ$54.4M).
Debt to Equity History and Analysis
Debt Level: NZL's debt to equity ratio (49.2%) is considered high.
Reducing Debt: Insufficient data to determine if NZL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NZL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NZL's interest payments on its debt are well covered by EBIT.
What is New Zealand Rural Land current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NZL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NZL'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 NZL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NZL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NZL'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 board tenure
New Zealand Rural Land has no CEO, or we have no data on them.
Experienced Board: NZL's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NZL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: NZL only recently listed within the past 12 months.
New Zealand Rural Land Company Limited's employee growth, exchange listings and data sources
- Name: New Zealand Rural Land Company Limited
- Ticker: NZL
- Exchange: NZSE
- Founded: 2020
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: NZ$108.528m
- Shares outstanding: 96.90m
- Website: https://nzrlc.co.nz
- New Zealand Rural Land Company Limited
- 12 St Marks Road
- Level 4
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 06:01|
|End of Day Share Price||2021/10/26 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.