SPG Stock Overview
Stride Stapled Group is a real estate investment firm specializing in co-investments and investments in commercial, retail, and industrial real estate properties. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Stride Property Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NZ$1.26 |
| 52 Week High | NZ$1.49 |
| 52 Week Low | NZ$1.15 |
| Beta | 0.67 |
| 1 Month Change | -5.97% |
| 3 Month Change | -9.35% |
| 1 Year Change | -10.64% |
| 3 Year Change | -39.71% |
| 5 Year Change | -44.49% |
| Change since IPO | -36.36% |
Recent News & Updates
Recent updates
Shareholders Will Probably Hold Off On Increasing Stride Property Group's (NZSE:SPG) CEO Compensation For The Time Being
Jun 26
Analysts Just Made A Sizeable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts
May 31Stride Stapled Group's (NZSE:SPG) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?
Feb 17How Should Investors React To Stride Stapled Group's (NZSE:SPG) CEO Pay?
Jan 07
News Flash: Analysts Just Made A Notable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts
Dec 03Did You Participate In Any Of Stride Stapled Group's (NZSE:SPG) Respectable 62% Return?
Nov 19Shareholder Returns
| SPG | NZ REITs | NZ Market | |
|---|---|---|---|
| 7D | -2.3% | -2.2% | 1.1% |
| 1Y | -10.6% | 2.3% | 6.1% |
Return vs Industry: SPG underperformed the NZ REITs industry which returned 2.3% over the past year.
Return vs Market: SPG underperformed the NZ Market which returned 6.1% over the past year.
Price Volatility
| SPG volatility | |
|---|---|
| SPG Average Weekly Movement | 4.0% |
| REITs Industry Average Movement | 3.4% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in NZ Market | 9.1% |
| 10% least volatile stocks in NZ Market | 3.1% |
Stable Share Price: SPG has not had significant price volatility in the past 3 months compared to the NZ market.
Volatility Over Time: SPG's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | n/a | Philip Littlewood | www.strideproperty.co.nz |
Stride Stapled Group is a real estate investment firm specializing in co-investments and investments in commercial, retail, and industrial real estate properties. Investment properties comprise of freehold land, leasehold land, buildings and improvements that are held either to earn rental income or for capital appreciation or both. It seeks to invest in New Zealand.
Stride Property Group Fundamentals Summary
| SPG fundamental statistics | |
|---|---|
| Market cap | NZ$704.39m |
| Earnings (TTM) | NZ$12.86m |
| Revenue (TTM) | NZ$115.98m |
54.8x
P/E Ratio6.1x
P/S RatioIs SPG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SPG income statement (TTM) | |
|---|---|
| Revenue | NZ$115.98m |
| Cost of Revenue | NZ$27.58m |
| Gross Profit | NZ$88.41m |
| Other Expenses | NZ$75.55m |
| Earnings | NZ$12.86m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.023 |
| Gross Margin | 76.22% |
| Net Profit Margin | 11.09% |
| Debt/Equity Ratio | 43.2% |
How did SPG perform over the long term?
See historical performance and comparisonDividends
6.3%
Current Dividend Yield78%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 13:08 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Stride Property Group is covered by 8 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.
| Analyst | Institution |
|---|---|
| Joshua Dale | Deutsche Bank |
| Rohan Koreman-Smit | Forsyth Barr Group Ltd. |
| Buffy Gill | Goldman Sachs & Partners Australia Pty Ltd |