Obermatt

Property For Industry

NZC:PFI · NZPFIE0001S5
Real Estate Management & DevelopmentSmall

360

32
Profit price67
Cash yield53
Price/Sales13
EV / Gross Profit41
Price/Book61
Returns on capital
EBIT Margin84
Gross Profitability43
Cash Conversion11
Accruals17
Sales growth83
Profit Growth17
Long-Term EPS Growth84
Reinvestment42
Price momentum66
Debt load52
Debt serviceability22
Liquidity23
Analyst ratings1
Opinion Changes50
Price Target Upside20
Market mood63
Value Creation13/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Property For Industry clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryNew Zealand
IndustryReal Estate Management & Development
SizeSmall
TypePublic Company
ExchangeNZSE
Founded1994
ISINNZPFIE0001S5
Last UpdateApr 2, 2026
Themes
Property ManagementReal Estate

Description

Property For Industry Limited engages in the industrial property investment and management business in New Zealand. The company invests in industrial properties located in North Harbour, Avondale, Penrose, Mount Wellington, Manukau, Mangere, East Tam…

Analysis

Middle-of-the-road

Property For Industry Limited is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

Valuation data is not available for this company.

The trajectory is moderate and the balance sheet is adequate. The company scores 13/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
8
2023202420252026

All-time high

20

Jan 2024

All-time low

1

Jan 2023

Average rank

9

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
13
10
12
9
Price/Earnings
41
16
12
10
Price/Book
61
81
82
77
Dividend Yield
53
51
46
44
Value (overall)
30
25
34
29

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →