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Precinct Properties NZ & Precinct Properties Investments NZSE:PCT Stock Report

Last Price

NZ$1.22

Market Cap

NZ$1.9b

7D

3.8%

1Y

-5.1%

Updated

28 Mar, 2024

Data

Company Financials +

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd

NZSE:PCT Stock Report

Market Cap: NZ$1.9b

PCT Stock Overview

Precinct is New Zealand’s only listed city centre specialist investing predominantly in premium and Agrade commercial office property.

PCT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends4/6

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Precinct Properties NZ & Precinct Properties Investments
Historical stock prices
Current Share PriceNZ$1.22
52 Week HighNZ$1.35
52 Week LowNZ$1.05
Beta0.28
1 Month Change1.25%
3 Month Change-3.95%
1 Year Change-5.08%
3 Year Change-25.46%
5 Year Change-22.86%
Change since IPO22.73%

Recent News & Updates

Recent updates

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Precinct Properties New Zealand Limited's (NZSE:PCT) CEO For Now

Oct 28
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Precinct Properties New Zealand Limited's (NZSE:PCT) CEO For Now

A Quick Analysis On Precinct Properties New Zealand's (NZSE:PCT) CEO Salary

Mar 02
A Quick Analysis On Precinct Properties New Zealand's (NZSE:PCT) CEO Salary

How Much Are Precinct Properties New Zealand Limited (NZSE:PCT) Insiders Taking Off The Table?

Feb 09
How Much Are Precinct Properties New Zealand Limited (NZSE:PCT) Insiders Taking Off The Table?

Precinct Properties New Zealand (NZSE:PCT) Has Compensated Shareholders With A Respectable 69% Return On Their Investment

Jan 18
Precinct Properties New Zealand (NZSE:PCT) Has Compensated Shareholders With A Respectable 69% Return On Their Investment

What You Need To Know About Precinct Properties New Zealand Limited's (NZSE:PCT) Investor Composition

Dec 28
What You Need To Know About Precinct Properties New Zealand Limited's (NZSE:PCT) Investor Composition

Are Precinct Properties New Zealand Limited's (NZSE:PCT) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?

Dec 07
Are Precinct Properties New Zealand Limited's (NZSE:PCT) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?

Shareholder Returns

PCTNZ Office REITsNZ Market
7D3.8%0.9%1.0%
1Y-5.1%-10.2%-2.4%

Return vs Industry: PCT exceeded the NZ Office REITs industry which returned -10.2% over the past year.

Return vs Market: PCT underperformed the NZ Market which returned -2.4% over the past year.

Price Volatility

Is PCT's price volatile compared to industry and market?
PCT volatility
PCT Average Weekly Movement3.0%
Office REITs Industry Average Movement3.2%
Market Average Movement4.1%
10% most volatile stocks in NZ Market7.3%
10% least volatile stocks in NZ Market2.5%

Stable Share Price: PCT has not had significant price volatility in the past 3 months.

Volatility Over Time: PCT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aScott Pritchardhttps://www.precinct.co.nz

Precinct is New Zealand’s only listed city centre specialist investing predominantly in premium and Agrade commercial office property. Listed on the NZX Main Board, PCT currently owns Auckland’s HSBC Tower, AON Centre, Jarden House, Deloitte Centre, 204 Quay Street, Mason Bros. Building, 12 Madden Street, 10 Madden Street, PwC Tower and Commercial Bay Retail; and Wellington’s AON Centre, NTT Tower, Central on Midland Park, No. 1 and No. 3 The Terrace, Mayfair House, Charles Fergusson Building, Defence House, Bowen House, Freyberg Building and 30 Waring Taylor Street.

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd Fundamentals Summary

How do Precinct Properties NZ & Precinct Properties Investments's earnings and revenue compare to its market cap?
PCT fundamental statistics
Market capNZ$1.90b
Earnings (TTM)-NZ$136.00m
Revenue (TTM)NZ$228.80m

8.4x

P/S Ratio

-14.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PCT income statement (TTM)
RevenueNZ$228.80m
Cost of RevenueNZ$81.80m
Gross ProfitNZ$147.00m
Other ExpensesNZ$283.00m
Earnings-NZ$136.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.086
Gross Margin64.25%
Net Profit Margin-59.44%
Debt/Equity Ratio57.1%

How did PCT perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

93%

Payout Ratio
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