Stride Property Ltd SPG

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SPG is trading at a 612% premium.
Price
NZD 1.39
Fair Value
NZD 2.23
Uncertainty
High
1-Star Price
NZD 7.83
5-Star Price
NZD 5.80
Economic Moat
Pmdx
Capital Allocation

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
345.52
Price/Sales
6.26
Dividend Yield (Trailing)
5.80%
Dividend Yield (Forward)
5.80%
Total Yield
5.80%

Company Profile

Stride Property Ltd is a real estate company that owns and manages investment properties in New Zealand. Most of the properties are located in Auckland, followed by Wellington, Northern Regional, and South Island. Stride's portfolio consists of commercial office, retail, and industrial property, as well as land. Retail properties deliver the majority of contract rental revenue, followed by office and industrial properties. The company's major tenants include general distributors, large retailers, banks, the New Zealand government, and industrial companies.
Sector
Real Estate
Industry
Real Estate Services
Stock Style Box
Small Value
Total Number of Employees
42

Comparables

Valuation

Metric
SPG
KPG
PFI
Price/Earnings (Normalized)
345.5213.2912.12
Price/Book Value
0.780.790.81
Price/Sales
6.266.099.61
Price/Cash Flow
16.0414.7623.58
Price/Earnings
SPG
KPG
PFI

Financial Strength

Metric
SPG
KPG
PFI
Quick Ratio
1.060.130.04
Current Ratio
1.442.990.06
Interest Coverage
−1.540.23−2.39
Quick Ratio
SPG
KPG
PFI

Profitability

Metric
SPG
KPG
PFI
Return on Assets (Normalized)
−3.48%−0.03%−4.64%
Return on Equity (Normalized)
−5.13%−0.05%−6.81%
Return on Invested Capital (Normalized)
−2.59%−0.35%−3.36%
Return on Assets
SPG
KPG
PFI

Real Estate Services Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
CBRE Group Inc Class A
CBRE
DpmnrzffRnnsmbb$37.8 Bil
CoStar Group Inc
CSGP
FbgvrkfbzNrtc$30.6 Bil
Vonovia SE
VNNVF
Jclv$29.6 Bil
Vonovia SE ADR
VONOY
Krz$29.6 Bil
Cellnex Telecom SA ADR
CLLNY
Gyblxg$28.5 Bil
Cellnex Telecom SA
CLNXF
Lpccpn$28.5 Bil
KE Holdings Inc ADR
BEKE
KrgrnzhjcKzdzp$22.6 Bil
Sumitomo Realty & Development Co Ltd ADR
SURYY
Cqvt$16.4 Bil
Jones Lang LaSalle Inc
JLL
StrbnwfQkjhky$12.9 Bil
Cushman & Wakefield PLC
CWK
KkvvcgvTng$3.2 Bil

Sponsor Center