Precinct Properties New Zealand Limited (AOTUF) Stock

About Precinct Properties New Zealand Limited

Precinct Properties New Zealand Limited, listed as PCT on the NZX Main Board, distinguishes itself as New Zealand's sole publicly traded entity dedicated exclusively to city centre real estate. Its investment strategy primarily targets premium and A-grade commercial office buildings. The company's impressive portfolio includes a number of landmark properties across Auckland: the PwC Tower, AMP Centre, Jarden House, HSBC House, Mason Bros. Building, 12 Madden Street, 10 Madden Street, and the extensive Commercial Bay development, along with a 50% ownership in the ANZ Centre. In Wellington, Precinct’s holdings feature the AON Centre, NTT Tower, No. 1 and No. 3 The Terrace, Mayfair House, and the Bowen Campus. Additionally, Precinct is the sole owner of Generator NZ, which stands as New Zealand's premier provider of flexible office spaces. Generator currently offers 13,600 square metres of adaptable workspace distributed across four key Auckland sites.

Precinct Properties New Zealand Limited is headquartered in NZ.

Precinct Properties New Zealand Limited (AOTUF) stock trades at $0.58 with a market capitalization of $920.93M. The stock is valued at a price-to-earnings (P/E) ratio of 392.86, price-to-book of 0.82, price-to-sales of 6.39. Over the past 52 weeks the stock has ranged between $0.57 and $0.76, and currently trades 23.7% below its 52-week high. It pays a dividend yielding 8.62%.

On profitability, Precinct Properties New Zealand Limited generates a return on equity (ROE) of 0.22%, return on capital employed of 2.63%, an operating margin of 37.25%, a net profit margin of 1.72%.

Official website: www.precinct.co.nz