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Kiwi Property Group Limited (KPG.NZ)

NZD0.93 -0.01 (-1.06%)
NZ NZE Real Estate REIT - Diversified
Address Level 7, Vero Centre 1140
Auckland, NZ
CEO Clive Mackenzie
Website kp.co.nz
IPO 2008-10-13
ISIN NZKPGE0001S9

Explore sections of this company profile

Also trades on New Zealand Exchange · KPG.NZ (NZD) Other OTC · KWIPF (USD)
Description

Operating under the ticker KPG on the New Zealand Stock Exchange, Kiwi Property stands as a prominent publicly traded real estate firm, included in the prestigious S&P/NZX 20 Index. With a history spanning more than a quarter-century, the company proudly possesses and oversees a substantial property portfolio, featuring premier mixed-use, retail, and commercial office developments across New Zealand. Its core mission is to offer investors a dependable pathway into the New Zealand property market, achieved by holding and proactively managing a diverse collection of top-tier assets. Financial strength is recognized by S&P Global Ratings, which has awarded Kiwi Property a BBB (stable) issuer credit rating, along with a BBB+ rating for its individual fixed-rate senior secured bonds. Demonstrating a strong commitment to sustainability, Kiwi Property holds the distinction of being New Zealand's top-ranked company within the Carbon Disclosure Project (CDP). Furthermore, it is a constituent of FTSE4Good, a key benchmark for Environmental, Social, and Governance (ESG) investment strategies. The company operates under the official authorization granted by the Real Estate Agents Act 2008.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
NZD0.93 -0.01 (-1.06%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.59
Float Shares
1.62B
Free Float %
98.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.06% -1.06% +2.20% -5.58% -14.68% -12.26% +6.90% +0.54% -23.77% -38.00% -16.22%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.93
DCF (Levered) 0.12 -86.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 2 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.22
Distress
Piotroski F-Score
6 / 9
Average
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
  • Revenue growth
    +4.8% Q1'26: +6.3% (vs Q1'24)
  • EPS growth
    -13.6% Q1'26: +13.9% (vs Q1'24)
  • FCF margin
    Q1'26: +23.6% (vs Q1'24)
  • EBIT margin
    Q1'26: +59.9% (vs Q1'24)
  • ROIC
    Q1'26: +7.9% (vs Q1'24)
  • Share dilution
    +2.2% Q1'26: +3.6% (vs Q1'24)
  • Debt / EBITDA
    9.15× Q1'26: 3.77× (vs Q1'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.04) × ERP
WACC = 56% × Ke + 44% × Kd (4.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 0.93
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
3 Rev. Ana.
3 EPS Ana.
Mar 2027
3 Rev. Ana.
3 EPS Ana.
Mar 2028
3 Rev. Ana.
3 EPS Ana.
Mar 2029
2 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Mar 2031
1 Rev. Ana.
1 EPS Ana.
Revenue
206.27M
est: 152.65M (+35.1%)
214.17M
est: 155.97M (+37.3%)
239.83M
est: 179.68M (+33.5%)
254.29M
est: 191.61M (+32.7%)
235.29M
est: 181.91M (+29.3%)
241.31M
est: 184.47M (+30.8%)
233.98M
est: 181.50M (+28.9%)
255.88M
est: 187.78M (+36.3%)
259.08M
est: 193.97M (+33.6%)
244.67M
est: 186.24M (+31.4%)
259.50M
est: 195.76M (+32.6%)
204.93M
198.17M – 209.05M
+4.7% YoY
187.91M
184.81M – 190.21M
-8.3% YoY
191.80M
189.27M – 193.35M
+2.1% YoY
196.81M
196.23M – 197.39M
+2.6% YoY
201.40M
198.41M – 203.44M
+2.3% YoY
206.60M
203.53M – 208.69M
+2.6% YoY
EBITDA
178.55M
est: 58.32M (+206.2%)
315.83M
est: 59.59M (+430.0%)
221.85M
est: 68.65M (+223.2%)
-25.29M
est: 73.21M (-134.5%)
129.0K
est: 69.50M (-99.8%)
-134.05M
est: 70.48M (-290.2%)
157.62M
est: 69.34M (+127.3%)
300.02M
est: 71.74M (+318.2%)
-169.77M
est: 74.11M (-329.1%)
74.22M
est: 71.15M (+4.3%)
152.74M
est: 67.56M (+126.1%)
70.73M
68.39M – 72.15M
+4.7% YoY
64.85M
63.78M – 65.65M
-8.3% YoY
66.20M
65.32M – 66.73M
+2.1% YoY
67.92M
67.72M – 68.12M
+2.6% YoY
69.51M
68.48M – 70.21M
+2.3% YoY
71.30M
70.24M – 72.03M
+2.6% YoY
EBIT
176.43M
est: 58.01M (+204.2%)
310.88M
est: 59.27M (+424.5%)
214.90M
est: 68.28M (+214.7%)
190.62M
est: 72.82M (+161.8%)
199.74M
est: 69.13M (+188.9%)
-134.05M
est: 70.10M (-291.2%)
157.62M
est: 68.97M (+128.5%)
298.72M
est: 71.36M (+318.6%)
-170.87M
est: 73.71M (-331.8%)
73.42M
est: 70.77M (+3.7%)
152.04M
est: 67.16M (+126.4%)
70.31M
67.99M – 71.72M
+4.7% YoY
64.47M
63.40M – 65.26M
-8.3% YoY
65.80M
64.93M – 66.34M
+2.1% YoY
67.52M
67.32M – 67.72M
+2.6% YoY
69.10M
68.07M – 69.80M
+2.3% YoY
70.88M
69.83M – 71.60M
+2.6% YoY
Net Income
115.19M
est: 122.67M (-6.1%)
250.78M
est: 106.93M (+134.5%)
143.00M
est: 119.46M (+19.7%)
120.10M
est: 122.31M (-1.8%)
138.09M
est: 111.36M (+24.0%)
-186.69M
est: 113.07M (-265.1%)
196.53M
est: 102.70M (+91.4%)
224.27M
est: 109.50M (+104.8%)
-227.70M
est: 105.62M (-315.6%)
-2.12M
est: 101.08M (-102.1%)
56.99M
est: 98.67M (-42.2%)
103.93M
101.26M – 106.60M
+5.3% YoY
98.86M
98.34M – 99.38M
-4.9% YoY
107.45M
102.24M – 112.65M
+8.7% YoY
103.71M
102.02M – 105.40M
-3.5% YoY
100.43M
98.49M – 101.75M
-3.2% YoY
100.76M
98.81M – 102.08M
+0.3% YoY
SGA
10.10M
est: 12.37M (-18.4%)
11.27M
est: 12.64M (-10.8%)
14.14M
est: 14.56M (-2.9%)
16.61M
est: 15.53M (+7.0%)
17.00M
est: 14.74M (+15.3%)
18.67M
est: 14.95M (+24.9%)
18.24M
est: 14.71M (+24.0%)
18.86M
est: 15.22M (+23.9%)
21.95M
est: 15.72M (+39.6%)
22.91M
est: 15.09M (+51.8%)
19.52M
est: 12.81M (+52.3%)
13.41M
12.97M – 13.68M
+4.7% YoY
12.30M
12.10M – 12.45M
-8.3% YoY
12.55M
12.39M – 12.66M
+2.1% YoY
12.88M
12.84M – 12.92M
+2.6% YoY
13.18M
12.99M – 13.32M
+2.3% YoY
13.52M
13.32M – 13.66M
+2.6% YoY
EPS
0.11
est: 0.08 (+44.5%)
0.20
est: 0.07 (+201.4%)
0.11
est: 0.07 (+48.4%)
0.09
est: 0.08 (+14.1%)
0.10
est: 0.07 (+39.9%)
-0.13
est: 0.07 (-285.3%)
0.13
est: 0.06 (+104.0%)
0.14
est: 0.07 (+106.0%)
-0.14
est: 0.07 (-312.1%)
0.00
est: 0.06 (-102.1%)
0.04
est: 0.06 (-41.9%)
0.06
0.06 – 0.06
+3.9% YoY
0.06
0.06 – 0.06
-4.9% YoY
0.06
0.06 – 0.07
+6.8% YoY
0.06
0.06 – 0.06
-1.4% YoY
0.06
0.06 – 0.06
-3.5% YoY
0.06
0.06 – 0.06
+0.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-22 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-21 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-20 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-19 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-18 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-15 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-14 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-13 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-12 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-11 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-08 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-07 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-06 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-05 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-04 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-01 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-04-30 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-04-29 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-04-28 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-04-24 B- 3/5 3/5 2/5 4/5 2/5 1/5 3/5
2026-04-23 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-04-22 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-04-21 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-04-20 B 3/5 3/5 2/5 4/5 2/5 1/5 4/5
2026-04-17 B- 3/5 3/5 2/5 4/5 1/5 1/5 4/5
2026-04-16 B- 3/5 3/5 2/5 4/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
158.30M
OE per share TTM
0.10
Owner's Yield
10.21%
Maintenance CapEx ratio
0.23%
Maint CapEx / Avg PPE
1.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 62 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares MSCI New Zealand ETF ENZL 1.94% 1.30M 0.50%
2 iShares Asia Property Yield UCITS ETF AYEP.DE 0.24% 59.5K 0.59%
3 iShares Asia Property Yield UCITS ETF IDAR.L 0.24% 469.7K 0.59%
4 iShares International Small-Cap Equity Factor ETF ISCF 0.18% 1.18M 0.24%
5 iShares International Developed Real Estate ETF IFGL 0.11% 90.1K 0.48%
6 Xtrackers International Real Estate ETF HAUZ 0.09% 940.5K 0.10%
7 Vert Global Sustainable Real Estate ETF VGSR 0.09% 424.6K 0.51%
8 iShares Developed Markets Property Yield UCITS ETF DPYG.L 0.05% 54.5K 0.64%
9 iShares Developed Markets Property Yield UCITS ETF DPYA.L 0.05% 121.2K 0.59%
10 iShares Developed Markets Property Yield UCITS ETF DPYE.L 0.05% 44.3K 0.64%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
847.0K
Shares Outstanding
1.65B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Clive Mackenzie Chief Executive Officer 1M male
Fraser Gunn Head of Corporate Finance & Investor Relations
Joanna Harris General Manager of People female
Linda Trainer General Manager of Asset Management female
Steve Penney Chief Financial Officer male
Tiniya du Plessis Interim Chief Financial Officer
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits