Property for Industry Ltd
NZX:PFI
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its 3-Year Average (22.6), the stock would be worth NZ$2.82 (22% upside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 18.5 | NZ$2.31 |
0%
|
| 3-Year Average | 22.6 | NZ$2.82 |
+22%
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| 5-Year Average | 23.4 | NZ$2.92 |
+26%
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| Industry Average | 18.9 | NZ$2.35 |
+2%
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| Country Average | 13.9 | NZ$1.73 |
-25%
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Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| NZ |
|
Property for Industry Ltd
NZX:PFI
|
1.2B NZD | 18.5 | 9.2 | |
| US |
|
Prologis Inc
NYSE:PLD
|
131.6B USD | 25.7 | 34.7 | |
| AU |
|
Goodman Group
ASX:GMG
|
55.2B AUD | 45.1 | 32.3 | |
| SG |
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ESR-REIT
OTC:CGIUF
|
12.8B USD | 55.1 | 2 892.7 | |
| UK |
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SEGRO PLC
LSE:SGRO
|
9.2B GBP | 23.1 | 16.6 | |
| SG |
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Ascendas Real Estate Investment Trust
SGX:A17U
|
11.6B | 0 | 0 | |
| US |
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Eastgroup Properties Inc
NYSE:EGP
|
10.9B USD | 21.9 | 36.7 | |
| US |
|
Lineage Inc
NASDAQ:LINE
|
8.3B USD | 8.7 | -84 | |
| US |
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First Industrial Realty Trust Inc
NYSE:FR
|
8.3B USD | 17.7 | 23.8 | |
| US |
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Rexford Industrial Realty Inc
NYSE:REXR
|
8.1B USD | 14.8 | 36.4 | |
| MX |
P
|
Prologis Property Mexico SA de CV
BMV:FIBRAPL14
|
134.2B MXN | 14.8 | 12.1 |
Market Distribution
| Min | 1.5 |
| 30th Percentile | 8.1 |
| Median | 13.9 |
| 70th Percentile | 20.7 |
| Max | 325.4 |
Other Multiples
Property for Industry Ltd
Glance View
Property for Industry Ltd. engages in industrial property investment and management. The firm and its subsidiary, P.F.I. Property No. 1 Limited, invest in New Zealand. The Company’s portfolio comprises approximately 93 properties. The firm's investment properties include 43 Cryers Road, East Tamaki; 314 Neilson Street, Penrose; Shed 22, 23 Cable Street, Wellington; 3 Hocking Street, Mt Maunganui; 47 Dalgety Drive, Manukau; 59 Dalgety Drive, Manukau; Carlaw Park Gateway Building, Parnell; 6 Donnor Place, Mt Wellington; 212 Cavendish Drive, Manukau; 1 Ron Driver Place, East Tamaki; 76 Carbine Road, Mt Wellington; 523 Mt Wellington Highway, Mt Wellington; 44 Mandeville Street, Christchurch, and 41 & 55 Foremans Road, Christchurch.
