INVESTORE PROPERTY LIMITED |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.13 NZD | +1.80% |
|
+1.80% | -5.83% |
| Mar. 06 | New Zealand Shares Rise on Wednesday, Investore Property Declares Dividend Reinvestment Plan Issue Price | MT |
| Mar. 06 | Investore Property Discloses Dividend Reinvestment Plan Issue Price | MT |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 418.7 | 502.4 | 758.4 | 633.2 | 518.2 | 422.4 | - | - |
| Enterprise Value (EV) 1 | 734.8 | 735.1 | 1,029 | 977.5 | 898.4 | 818.7 | 804.3 | 807.2 |
| P/E ratio | 10.9 x | 15.9 x | 4.62 x | 5.36 x | -3.45 x | -3.49 x | 14.8 x | 8.42 x |
| Yield | 4.72% | 4.61% | 3.69% | 4.59% | 5.6% | 6.17% | 5.79% | 6.01% |
| Capitalization / Revenue | 8.83 x | 10.5 x | 13.6 x | 10.9 x | 8.59 x | 6.94 x | 6.72 x | 6.62 x |
| EV / Revenue | 15.5 x | 15.3 x | 18.4 x | 16.8 x | 14.9 x | 13.4 x | 12.8 x | 12.7 x |
| EV / EBITDA | 17.8 x | 18.1 x | 22.1 x | 20.2 x | 17.5 x | 15.5 x | 14.6 x | 14.4 x |
| EV / FCF | 47,001,838 x | - | - | - | - | - | - | - |
| FCF Yield | 0% | - | - | - | - | - | - | - |
| Price to Book | 0.94 x | 0.95 x | 0.99 x | 0.74 x | 0.77 x | 0.75 x | 0.78 x | 0.76 x |
| Nbr of stocks (in thousands) | 260,076 | 304,499 | 368,135 | 368,135 | 367,503 | 373,822 | - | - |
| Reference price 2 | 1.610 | 1.650 | 2.060 | 1.720 | 1.410 | 1.130 | 1.130 | 1.130 |
| Announcement Date | 5/21/19 | 6/2/20 | 5/18/21 | 5/17/22 | 5/18/23 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 47.42 | 48.07 | 55.81 | 58.27 | 60.3 | 60.89 | 62.82 | 63.78 |
| EBITDA 1 | 41.39 | 40.62 | 46.59 | 48.31 | 51.4 | 52.93 | 55.19 | 56.02 |
| EBIT 1 | 41.39 | 40.62 | 46.59 | 48.31 | 51.4 | 52.93 | 55.19 | 56.02 |
| Operating Margin | 87.28% | 84.5% | 83.47% | 82.9% | 85.24% | 86.92% | 87.87% | 87.83% |
| Earnings before Tax (EBT) | 44.11 | 34.45 | 169 | 125.8 | -150.1 | - | - | - |
| Net income 1 | 38.56 | 28.62 | 161.3 | 118.2 | -150.2 | -70.66 | 28.98 | 41.05 |
| Net margin | 81.31% | 59.52% | 289% | 202.78% | -249.09% | -116.03% | 46.13% | 64.37% |
| EPS 2 | 0.1478 | 0.1040 | 0.4460 | 0.3210 | -0.4085 | -0.3234 | 0.0763 | 0.1342 |
| Free Cash Flow | 15.63 | - | - | - | - | - | - | - |
| FCF margin | 32.97% | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | 37.77% | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | 40.54% | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.0760 | 0.0760 | 0.0760 | 0.0790 | 0.0790 | 0.0697 | 0.0654 | 0.0679 |
| Announcement Date | 5/21/19 | 6/2/20 | 5/18/21 | 5/17/22 | 5/18/23 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 24.1 | 23.98 | 27.41 | 28.4 | 28.03 | 30.25 | 30.22 |
| EBITDA | - | - | - | - | - | - | - |
| EBIT 1 | - | - | - | - | 22.3 | 26.01 | 25.6 |
| Operating Margin | - | - | - | - | 79.58% | 85.98% | 84.74% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 11/13/19 | 6/2/20 | 11/17/20 | 5/18/21 | 11/16/21 | 5/17/22 | 11/16/22 |
1NZD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 316 | 233 | 271 | 344 | 380 | 396 | 382 | 385 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 7.636 x | 5.729 x | 5.807 x | 7.127 x | 7.397 x | 7.488 x | 6.919 x | 6.869 x |
| Free Cash Flow | 15.6 | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 4.79% | 4.35% | 4.5% | 3.69% | 4.05% | 5.08% | 5.14% | 5.34% |
| ROA (Net income/ Total Assets) | 2.76% | - | 3.13% | - | 2.67% | 5.3% | 5.72% | 5.48% |
| Assets 1 | 1,395 | - | 5,148 | - | -5,618 | -1,333 | 506.6 | 749.1 |
| Book Value Per Share 2 | 1.700 | 1.730 | 2.080 | 2.320 | 1.840 | 1.500 | 1.450 | 1.480 |
| Cash Flow per Share 2 | 0.0800 | 0.0700 | 0.0700 | 0.0700 | 0.0900 | 0.0800 | 0.0800 | 0.0800 |
| Capex 1 | 5.55 | 1.44 | 4.71 | 5.32 | 7.89 | 26.7 | 20.8 | 13.7 |
| Capex / Sales | 11.69% | 2.99% | 8.44% | 9.13% | 13.08% | 43.84% | 33.13% | 21.56% |
| Announcement Date | 5/21/19 | 6/2/20 | 5/18/21 | 5/17/22 | 5/18/23 | - | - | - |
1NZD in Million2NZD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
1.13
NZD
Average target price
1.22
NZD
Spread / Average Target
+7.96%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -5.83% | 246M | |
| +1.54% | 46.38B | |
| -11.73% | 12.39B | |
| -22.69% | 11.06B | |
| -11.93% | 10.74B | |
| -5.71% | 7.45B | |
| -4.81% | 6.54B | |
| -8.23% | 5.8B | |
| -5.88% | 5.6B | |
| -5.07% | 4.67B |
- Stock Market
- Equities
- IPL Stock
- Financials Investore Property Limited
