South Port New Zealand (NZSE:SPN) - Stock Price, News & Analysis

SPN Stock Overview

Operates and manages a port in New Zealand.

SPN fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	2/6
Financial Health	3/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (20.2x) is below the Infrastructure industry average (31.4x)

Risk Analysis

Dividend of 4.76% is not well covered by earnings or free cash flows

Profit margins (13.1%) are lower than last year (21.9%)

Has a high level of debt

Does not have a meaningful market cap (NZ$149M)

South Port New Zealand Limited Competitors

Marsden Maritime Holdings

NZSE:MMH

NZ$140.4m

Napier Port Holdings

NZSE:NPH

NZ$458.7m

Port of Tauranga

NZSE:POT

NZ$3.7b

Tourism Holdings

NZSE:THL

NZ$443.0m

Price History & Performance

Summary of all time highs, changes and price drops for South Port New Zealand
Historical stock prices
Current Share Price	NZ$5.67
52 Week High	NZ$7.60
52 Week Low	NZ$5.40
Beta	0.18
11 Month Change	-5.66%
3 Month Change	1.80%
1 Year Change	-22.54%
33 Year Change	-37.83%
5 Year Change	-21.79%
Change since IPO	467.00%

South Port New Zealand's (NZSE:SPN) Dividend Will Be NZ$0.2294

Aug 26

Recent updates

South Port New Zealand (NZSE:SPN) Will Pay A Larger Dividend Than Last Year At NZ$0.23

Sep 14

South Port New Zealand's (NZSE:SPN) Dividend Will Be Increased To NZ$0.23

Aug 31

A Look Into South Port New Zealand's (NZSE:SPN) Impressive Returns On Capital

May 24

Is South Port New Zealand Limited (NZSE:SPN) A Good Fit For Your Dividend Portfolio?

May 09

Is Now The Time To Put South Port New Zealand (NZSE:SPN) On Your Watchlist?

Mar 31

South Port New Zealand (NZSE:SPN) Seems To Use Debt Quite Sensibly

Mar 18

Here's What South Port New Zealand Limited's (NZSE:SPN) Shareholder Ownership Structure Looks Like

Mar 05

Only Four Days Left To Cash In On South Port New Zealand's (NZSE:SPN) Dividend

Feb 20

Here's How We Evaluate South Port New Zealand Limited's (NZSE:SPN) Dividend

Feb 08

Did You Participate In Any Of South Port New Zealand's (NZSE:SPN) Fantastic 141% Return ?

Jan 21

Do Fundamentals Have Any Role To Play In Driving South Port New Zealand Limited's (NZSE:SPN) Stock Up Recently?

Jan 03

Is South Port New Zealand (NZSE:SPN) A Risky Investment?

Dec 15

South Port New Zealand (NZSE:SPN) Knows How to Allocate Capital

Nov 30

Shareholder Returns

	SPN	NZ Infrastructure	NZ Market
7D	-3.1%	0.5%	-0.5%
1Y	-22.5%	-6.3%	3.3%

Return vs Industry: SPN underperformed the NZ Infrastructure industry which returned -5.7% over the past year.

Return vs Market: SPN underperformed the NZ Market which returned 2.3% over the past year.

Price Volatility

Is SPN's price volatile compared to industry and market?
SPN volatility
SPN Average Weekly Movement	3.1%
Infrastructure Industry Average Movement	3.1%
Market Average Movement	4.7%
10% most volatile stocks in NZ Market	10.0%
10% least volatile stocks in NZ Market	3.2%

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

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

About the Company

Founded	Employees	CEO	Website
1988	124	Nigel Gear	southport.co.nz

South Port New Zealand Limited operates and manages a port in New Zealand. The company offers marine services, including shipping movements, pilotage and procedures, cruise schedules, marine plant and equipment, wind and tide conditions, syncrolift, and hot work. It also provides port facilities, such as port infrastructure; berths; infrastructure and land; plant and equipment; and weighbridge services.

South Port New Zealand Limited Fundamentals Summary

How do South Port New Zealand's earnings and revenue compare to its market cap?
SPN fundamental statistics
Market cap	NZ$148.75m
Earnings (TTM)	NZ$7.38m
Revenue (TTM)	NZ$56.13m

20.2x

P/E Ratio

2.7x

P/S Ratio

Is SPN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPN income statement (TTM)
Revenue	NZ$56.13m
Cost of Revenue	NZ$33.19m
Gross Profit	NZ$22.94m
Other Expenses	NZ$15.57m
Earnings	NZ$7.38m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.28
Gross Margin	40.87%
Net Profit Margin	13.14%
Debt/Equity Ratio	59.4%

How did SPN perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

96%

Payout Ratio

Does SPN pay a reliable dividends?

See SPN dividend history and benchmarks

When do you need to buy SPN by to receive an upcoming dividend?
South Port New Zealand dividend dates
Ex Dividend Date	Oct 24 2024
Dividend Pay Date	Nov 08 2024
Days until Ex dividend	53 days
Days until Dividend pay date	68 days

Does SPN pay a reliable dividends?

See SPN dividend history and benchmarks

SPN Stock Overview

Rewards

Risk Analysis

South Port New Zealand Limited Competitors

NZSE:MMH

NZ$140.4m

NZSE:NPH

NZ$458.7m

NZSE:POT

NZ$3.7b

NZSE:THL

NZ$443.0m

Price History & Performance

Recent News & Updates

South Port New Zealand's (NZSE:SPN) Dividend Will Be NZ$0.2294

Final dividend of NZ$0.23 announced

Full year 2024 earnings released: EPS: NZ$0.28 (vs NZ$0.45 in FY 2023)

South Port New Zealand Limited, Annual General Meeting, Oct 17, 2024

Upcoming dividend of NZ$0.088 per share

First half 2024 earnings released: EPS: NZ$0.12 (vs NZ$0.20 in 1H 2023)

Recent updates

South Port New Zealand's (NZSE:SPN) Dividend Will Be NZ$0.2294

Final dividend of NZ$0.23 announced

Full year 2024 earnings released: EPS: NZ$0.28 (vs NZ$0.45 in FY 2023)

South Port New Zealand Limited, Annual General Meeting, Oct 17, 2024

Upcoming dividend of NZ$0.088 per share

First half 2024 earnings released: EPS: NZ$0.12 (vs NZ$0.20 in 1H 2023)

South Port New Zealand's (NZSE:SPN) Dividend Will Be NZ$0.0882

First half dividend of NZ$0.088 announced

South Port Announces Successful Completion of Project Kia Whakau to Deepen the Entrance Channel

Upcoming dividend of NZ$0.23 per share at 3.7% yield

South Port New Zealand's (NZSE:SPN) Dividend Will Be NZ$0.2294

South Port New Zealand (NZSE:SPN) Has Announced A Dividend Of NZ$0.2294

Full year 2023 earnings released: EPS: NZ$0.45 (vs NZ$0.49 in FY 2022)

South Port New Zealand Limited, Annual General Meeting, Oct 31, 2023

Upcoming dividend of NZ$0.088 per share at 3.3% yield

South Port New Zealand (NZSE:SPN) Is Paying Out A Dividend Of NZ$0.0882

First half 2023 earnings released: EPS: NZ$0.20 (vs NZ$0.22 in 1H 2022)

South Port New Zealand Limited Declares Distribution for the Half Year Ended Dec. 31, 2022, Payable on March 7, 2023

South Port New Zealand Limited Approves Election of Mr. John Schol as Director

Upcoming dividend of NZ$0.23 per share

South Port New Zealand (NZSE:SPN) Will Pay A Dividend Of NZ$0.2294

South Port New Zealand Limited Grants Resource Consent by Environment Southland for Project Kia Whaka

South Port New Zealand's (NZSE:SPN) Earnings Are Weaker Than They Seem

Full year 2022 earnings released: EPS: NZ$0.005 (vs NZ$0.41 in FY 2021)

South Port New Zealand Limited Announces Final Dividend for the Year Ended June 30, 2022, Payable on November 8, 2022

South Port New Zealand Limited, Annual General Meeting, Nov 01, 2022

Upcoming dividend of NZ$0.088 per share

South Port New Zealand (NZSE:SPN) Will Pay A Dividend Of NZ$0.088

First half 2022 earnings: Revenues and EPS in line with analyst expectations

First half 2022 earnings: Revenues and EPS in line with analyst expectations

South Port New Zealand Limited Declares Fully Imputed Interim Dividend, Payable on 8 March 2022; Provides Dividend Guidance for the Full Year 2022

South Port New Zealand Limited Declares Fully Imputed Interim Dividend, Payable on 8 March 2022; Provides Dividend Guidance for the Full Year 2022

Upcoming dividend of NZ$0.23 per share

South Port New Zealand (NZSE:SPN) Will Pay A Larger Dividend Than Last Year At NZ$0.23

South Port New Zealand's (NZSE:SPN) Dividend Will Be Increased To NZ$0.23

Full year 2021 earnings released: EPS NZ$0.41 (vs NZ$0.36 in FY 2020)

A Look Into South Port New Zealand's (NZSE:SPN) Impressive Returns On Capital

South Port New Zealand Limited Lodges Resource Consent Application with Environment Southland to Deepen the Entrance Channel and Harbour to 10.7 Metres

Is South Port New Zealand Limited (NZSE:SPN) A Good Fit For Your Dividend Portfolio?

Is Now The Time To Put South Port New Zealand (NZSE:SPN) On Your Watchlist?

South Port New Zealand (NZSE:SPN) Seems To Use Debt Quite Sensibly

South Port New Zealand Limited Enters into NZD 9.4 Million Contract with European Based Damen

Here's What South Port New Zealand Limited's (NZSE:SPN) Shareholder Ownership Structure Looks Like

Only Four Days Left To Cash In On South Port New Zealand's (NZSE:SPN) Dividend

New 90-day high: NZ$8.89

Upcoming Dividend of NZ$0.088 Per Share

First half 2021 earnings released: EPS NZ$0.23 (vs NZ$0.17 in 1H 2020)

Here's How We Evaluate South Port New Zealand Limited's (NZSE:SPN) Dividend

Did You Participate In Any Of South Port New Zealand's (NZSE:SPN) Fantastic 141% Return ?

New 90-day high: NZ$7.91

Do Fundamentals Have Any Role To Play In Driving South Port New Zealand Limited's (NZSE:SPN) Stock Up Recently?

Is South Port New Zealand (NZSE:SPN) A Risky Investment?

New 90-day high: NZ$7.55

South Port New Zealand (NZSE:SPN) Knows How to Allocate Capital

New 90-day high: NZ$7.50

South Port New Zealand Limited to Report First Half, 2021 Results on Feb 11, 2021

Full year earnings released - EPS NZ$0.36

Full year earnings released - EPS NZ$0.36

Shareholder Returns