Precinct Properties New Zealand Ltd
NZX:PCT

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Precinct Properties New Zealand Ltd
NZX:PCT
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Price: 1.2 NZD Market Closed
Market Cap: 2.2B NZD

Relative Value

The Relative Value of one PCT stock under the Base Case scenario is 1.79 NZD. Compared to the current market price of 1.2 NZD, Precinct Properties New Zealand Ltd is Undervalued by 33%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

PCT Relative Value
Base Case
1.79 NZD
Undervaluation 33%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
87
vs Industry
27
Median 3Y
9.4
Median 5Y
10.9
Industry
3.9
Forward
13.7
vs History
7
vs Industry
29
Median 3Y
-15.6
Median 5Y
19.8
Industry
16.4
Forward
17.5
vs History
36
vs Industry
18
Median 3Y
23.2
Median 5Y
23.2
Industry
11.3
vs History
76
vs Industry
42
Median 3Y
5.3
Median 5Y
9.2
Industry
12.9
vs History
42
vs Industry
41
Median 3Y
1.1
Median 5Y
1.1
Industry
0.9
vs History
73
vs Industry
21
Median 3Y
14.8
Median 5Y
16.9
Industry
6.9
Forward
23.7
vs History
49
vs Industry
21
Median 3Y
23.1
Median 5Y
24.1
Industry
12.5
vs History
60
vs Industry
19
Median 3Y
27.5
Median 5Y
29.8
Industry
15.9
Forward
23.6
vs History
60
vs Industry
28
Median 3Y
27.5
Median 5Y
29.8
Industry
19.3
Forward
23.4
vs History
23
vs Industry
14
Median 3Y
37
Median 5Y
37
Industry
18.7
vs History
30
vs Industry
19
Median 3Y
42.8
Median 5Y
42.8
Industry
21
vs History
31
vs Industry
31
Median 3Y
1
Median 5Y
1
Industry
0.8

Multiples Across Competitors

PCT Competitors Multiples
Precinct Properties New Zealand Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
Precinct Properties New Zealand Ltd
NZX:PCT
2.2B NZD 8.4 202.1 28.5 28.5
US
Boston Properties Inc
NYSE:BXP
10.5B USD 3 -52.8 13.8 26
US
Alexandria Real Estate Equities Inc
NYSE:ARE
9.6B USD 3 -23.1 10.6 29.1
JP
Nippon Building Fund Inc
TSE:8951
1.3T JPY 12.3 27.1 26.8 35.5
FR
Covivio SA
PAR:COV
6B EUR 4.4 14.4 14.3 17
US
COPT Defense Properties
NYSE:CDP
6.7B USD 9 45.1 40.4 40.4
US
Vornado Realty Trust
NYSE:VNO
6.5B USD 3.6 7.7 16.9 47.2
JP
Japan Real Estate Investment Corp
TSE:8952
922.7B JPY 11 25.2 25.1 32.8
AU
Dexus
ASX:DXS
7.4B AUD 7.8 47.2 30.6 30.6
US
Kilroy Realty Corp
NYSE:KRC
4.5B USD 4 14.1 12.7 26.1
JP
Kenedix Office Investment Corp
TSE:8972
719.4B JPY 9.1 21.3 23.1 29.1