company background image
PCT logo

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

Last Price

NZ$1.22

Market Cap

NZ$1.9b

7D

-1.6%

1Y

-4.3%

Updated

21 Dec, 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. More details

PCT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Precinct Properties NZ & Precinct Properties Investments
Historical stock prices
Current Share PriceNZ$1.22
52 Week HighNZ$1.37
52 Week LowNZ$1.09
Beta0.32
1 Month Change-1.21%
3 Month Change-2.01%
1 Year Change-4.31%
3 Year Change-25.61%
5 Year Change-33.52%
Change since IPO23.23%

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
7D-1.6%-1.1%1.2%
1Y-4.3%-11.2%6.1%

Return vs Industry: PCT exceeded the NZ Office REITs industry which returned -11.2% over the past year.

Return vs Market: PCT underperformed the NZ Market which returned 6.1% over the past year.

Price Volatility

Is PCT's price volatile compared to industry and market?
PCT volatility
PCT Average Weekly Movement2.8%
Office REITs Industry Average Movement3.1%
Market Average Movement4.6%
10% most volatile stocks in NZ Market9.1%
10% least volatile stocks in NZ Market3.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
1997n/aScott Pritchardwww.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$1.94b
Earnings (TTM)-NZ$22.10m
Revenue (TTM)NZ$251.00m

7.7x

P/S Ratio

-87.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PCT income statement (TTM)
RevenueNZ$251.00m
Cost of RevenueNZ$91.80m
Gross ProfitNZ$159.20m
Other ExpensesNZ$181.30m
Earnings-NZ$22.10m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.014
Gross Margin63.43%
Net Profit Margin-8.80%
Debt/Equity Ratio66.4%

How did PCT perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

93%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 08:06
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Owen BatchelorCredit Suisse
Joshua DaleDeutsche Bank
Rohan Koreman-SmitForsyth Barr Group Ltd.