Asset Plus Ltd
NZX:APL

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Asset Plus Ltd
NZX:APL
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Price: 0.64 NZD 1.59%
Market Cap: NZ$67.5m

Gross Margin

72.2%
Current
Improving
by 6.7%
vs 3-y average of 65.4%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
72.2%
=
Gross Profit
NZ$4.9m
/
Revenue
NZ$6.8m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
72.2%
=
Gross Profit
NZ$4.9m
/
Revenue
NZ$6.8m

Peer Comparison

Country Company Market Cap Gross
Margin
NZ
Asset Plus Ltd
NZX:APL
67.5m NZD
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ZA
Growthpoint Properties Ltd
JSE:GRT
62.2B ZAR
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ZA
Redefine Properties Ltd
JSE:RDF
47.2B ZAR
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US
WP Carey Inc
NYSE:WPC
16.4B USD
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ZA
Fairvest Ltd
JSE:FTA
13.9B ZAR
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ZA
Attacq Ltd
JSE:ATT
12.8B ZAR
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ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
10.3B ZAR
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ES
MERLIN Properties SOCIMI SA
MAD:MRL
8.5B EUR
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JP
KDX Realty Investment Corp
OTC:KDXRF
9.5B USD
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AU
Stockland Corporation Ltd
ASX:SGP
12.3B AUD
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AU
Charter Hall Group
ASX:CHC
10.4B AUD
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Market Distribution

Higher than 75% of companies in New Zealand
Percentile
75th
Based on 251 companies
75th percentile
72.2%
Low
-127.6% — 37.1%
Typical Range
37.1% — 64.7%
High
64.7% — 107.2%
Distribution Statistics
New Zealand
Min -127.6%
30th Percentile 37.1%
Median 51%
70th Percentile 64.7%
Max 107.2%

Asset Plus Ltd
Glance View

Market Cap
67.5m NZD
Industry
Real Estate

Asset Plus Ltd. engages in the investment in industrial, retail and commercial property. The firm holds a diversified portfolio of properties, spread across New Zealand. The company invests in retail, industrial and commercial buildings throughout New Zealand. Its properties are located across the main centers of Auckland, Whangarei and Christchurch. The firm's properties include 22 Stoddard Rd Shopping Centre, Munroe Lane and Kamo. 22 Stoddard Rd Shopping Centre is located in Mt Roskill catchment, Auckland. Asset Plus's development at 6-8 Munroe Lane, provides an offering for office space in Albany. Kamo is an industrial land of 38,000 square meters located adjacent to State Highway 1. The firm is externally managed by Centuria NZ.

APL Intrinsic Value
0.37 NZD
Overvaluation 43%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
72.2%
=
Gross Profit
NZ$4.9m
/
Revenue
NZ$6.8m
What is Asset Plus Ltd's current Gross Margin?

The current Gross Margin for Asset Plus Ltd is 72.2%, which is above its 3-year median of 65.4%.

How has Gross Margin changed over time?

Over the last 3 years, Asset Plus Ltd’s Gross Margin has increased from 64.8% to 72.2%. During this period, it reached a low of 54.4% on Mar 31, 2023 and a high of 72.2% on Apr 3, 2025.

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