Risk factor
Very high price volatility
Profitability factor
Solid dividends
About
Property For Industry Limited is a New Zealand-based entity that specializes in the acquisition, development, and active management of real estate assets. The company holds a portfolio primarily comprising industrial properties, strategically positioned across key regions including North Harbour, Avondale, Penrose, Mount Wellington, Manukau, Mangere, East Tamaki, Wellington, and Christchurch. As of December 23, 2020, the firm managed 94 properties, which were tenanted by a total of 147 distinct lessees. Founded in 1994, its principal operations are situated in Auckland, New Zealand.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, over
Target Price
The average target price of PFI.NZ is 2.42 and suggests 6.14% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat