SPG.NZ
BuyUnloved QualityAI neutralStride Property Group · Real Estate · New Zealand · $338M
NZD 1.07 +1.4% · close 6 Oct · scored 7 Oct
Unloved Quality: Strong and cheap; the market has not turned yet.
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Stride Property is a New Zealand property owner and manager with a stapled property-management arm. Insiders bought 5.62% of shares in 90 days, a notable vote of confidence, and value scores are attractive. Even so, it is a rate-sensitive property vehicle, and forward EPS estimates were cut 4% over four weeks.
ABOUT STRIDE PROPERTY GROUP
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Stride Stapled Group is a real estate investment firm specializing in co-investments and investments in commercial, retail, and industrial real estate properties.
FINANCIAL SUMMARY (NZD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2027E | 2028E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 113.3M | 118.0M | 121.1M | 118.1M | 1.4% | 147.2M | 112.9M | 125.9M | 2.1% |
| EPS (NZD) | 0.23 | -0.22 | -0.10 | 0.04 | -44.6% | 0.06 | 0.04 | 0.04 | 3.5% |
| Shares | 540.2M | 543.3M | 558.4M | 558.4M | +3.4% | 560.4M | — | — | — |
| Debt | 360.2M | 458.1M | 442.5M | 417.7M | 5.1% | 323.7M | — | — | — |
| Equity | 1.2B | 1.1B | 992.4M | 959.7M | -8.0% | — | — | — | — |
| Op CF | 36.3M | 39.9M | 47.3M | 39.3M | 2.7% | 31.7M | — | — | — |
| Inv CF | -166.0M | -97.8M | 1.6M | -9.2M | — | — | — | — | — |
| Fin CF | 127.3M | 54.1M | -50.9M | -29.3M | — | — | — | — | — |
Calmer than 86% of stocks we rank over the past year (23% a year).
How this is worked out
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of SPG.NZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| SPG.NZ | Stride Property Group(you) | $338M | 69 | Buy |
| NZL.NZ | New Zealand Rural Land Company Limited | $78M | 55 | Hold |
| WIN.NZ | Winton Land Limited | $180M | 60 | Hold |
| IPL.NZ | Investore Property Limited | $214M | 56 | Hold |
| ARG.NZ | Argosy Property Limited | $503M | 49 | Hold |
| PFI.NZ | Property For Industry Limited | $644M | 47 | Hold |
| KPG.NZ | Kiwi Property Group Limited | $852M | 51 | Hold |
| GNZ.NZ | Goodman Property Trust | $1.7B | 52 | Hold |
| VHP.NZ | Vital Healthcare Property Trust | $845M | 33 | Sell |
| PCT.NZ | Precinct Properties New Zealand Limited, Precinct Properties Investments Limited | $1.0B | 26 | Sell |
Peer medians: ROE 4.2% · P/E 14.7x · Gross margin 75.6%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.