Precinct Properties New Zealand Ltd
NZX:PCT

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Precinct Properties New Zealand Ltd
NZX:PCT
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Price: 1.12 NZD 0.45% Market Closed
Market Cap: 1.8B NZD

Relative Value

The Relative Value of one PCT stock under the Base Case scenario is 1.94 NZD. Compared to the current market price of 1.12 NZD, Precinct Properties New Zealand Ltd is Undervalued by 42%.

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
1.94 NZD
Undervaluation 42%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
27
Median 3Y
8.7
Median 5Y
10.3
Industry
3.6
Forward
11.2
vs History
vs Industry
29
Median 3Y
-12.1
Median 5Y
12.2
Industry
16.4
Forward
16.2
vs History
65
vs Industry
18
Median 3Y
19.6
Median 5Y
20.3
Industry
11
vs History
79
vs Industry
42
Median 3Y
9.8
Median 5Y
7.9
Industry
12.9
vs History
68
vs Industry
41
Median 3Y
0.9
Median 5Y
1
Industry
0.8
vs History
96
vs Industry
21
Median 3Y
14.6
Median 5Y
15.8
Industry
6.5
Forward
20.7
vs History
85
vs Industry
21
Median 3Y
21
Median 5Y
24.1
Industry
11.8
vs History
84
vs Industry
19
Median 3Y
25.3
Median 5Y
29.6
Industry
15.6
Forward
21.6
vs History
84
vs Industry
28
Median 3Y
25.3
Median 5Y
29.6
Industry
18.8
Forward
21.5
vs History
50
vs Industry
14
Median 3Y
32.5
Median 5Y
34.3
Industry
18.5
vs History
69
vs Industry
19
Median 3Y
37.7
Median 5Y
38.6
Industry
20
vs History
57
vs Industry
31
Median 3Y
0.9
Median 5Y
0.9
Industry
0.7

Multiples Across Competitors

PCT Competitors Multiples
Precinct Properties New Zealand Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
Precinct Properties New Zealand Ltd
NZX:PCT
1.8B NZD 6.8 -63 23.9 23.9
US
Alexandria Real Estate Equities Inc
NYSE:ARE
16.5B USD 5.1 53.4 13.1 29.6
US
Boston Properties Inc
NYSE:BXP
10.8B USD 3.2 759.3 13.7 25.6
US
Vornado Realty Trust
NYSE:VNO
7.5B USD 4.2 906.8 20.8 59.8
JP
Nippon Building Fund Inc
TSE:8951
1.1T JPY 10.8 23.8 24.9 32.9
FR
Covivio SA
PAR:COV
5.7B EUR 6.4 83.4 17.3 19
US
COPT Defense Properties
NYSE:CDP
6B USD 8 43.6 39.3 39.3
JP
Japan Real Estate Investment Corp
TSE:8952
781.2B JPY 9.3 20.8 21.5 28
US
Cousins Properties Inc
NYSE:CUZ
5B USD 5.9 109.5 15.1 47.3
AU
Dexus
ASX:DXS
7.9B AUD 9.2 -8.1 33 33
US
SL Green Realty Corp
NYSE:SLG
4.2B USD 4.7 814.7 21.9 55.8