1. New Zealand Stocks

  2. •

    Consumer services

  3. •

    Hotels/Resorts/Cruise lines
Millennium & Copthorne Hotels New Zealand Limited

Millennium & Copthorne Hotels New Zealand Limited

2.99
NZD
-0.08
(-2.61%)
0.16EPS
23.96P/E
484.15MMarket Cap
Millennium & Copthorne Hotels New Zealand Limited
NZX:MCK
(New Zealand Exchange)

Recent

price

2.99

P/E

ratio

23.96

div

yld

1.98%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
NZD
0.33
0.28
0.3
0.34
0.41
0.86
1.09
1.18
2.07
2.18
1.09
1.04
0.91
0.92
1.11
1.18
Revenue per Share
-0.03
0.06
0.13
0.08
0.1
0.14
0.26
0.27
0.47
0.47
0.29
0.25
0.14
0.14
0.02
0.13
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
0.01
0.01
0.02
0.03
0.03
0.04
0.05
0.07
0.13
0.15
0.1
0.02
0.06
0.06
0.06
0.06
Dividend per Share
1.17
1.19
1.26
1.32
2.35
2.46
4.32
5.27
5.76
6.47
4.49
3.24
4.29
4.5
3.46
3.59
Book Value per Share
1.16
1.18
1.25
1.31
2.33
2.44
4.32
5.27
5.76
6.47
4.49
3.24
4.29
4.5
3.46
3.59
Tangible Book Value per Share
353
353
353
353
316
158
158
158
105
105
158
158
158
158
158
158
Basic Weighted Avg Shares
116
99
105
119
130
137
172
187
219
230
172
165
144
146
176
187
Sales/Revenue/Turnover
15.7
11
19.77
21.57
20.02
29.17
35.32
35.4
37.96
36.69
29.82
24.37
24.22
15.83
19.19
10.75
Operating Margin (%)
7
8
7
7
9
7
6
6
8
10
11
8
8
9
9
11
Depreciation Expense
-10
21
46
27
30
22
40
43
49
50
46
40
22
22
3
20
Net Income, GAAP
186.78
25.3
14.83
21.68
20.94
29.1
28.52
26.48
27.2
27.09
- -
21.47
27.61
28.17
81.33
24.97
Effective Tax Rate (%)
-8.74
20.73
43.81
22.74
23.21
15.87
23.51
23.02
22.56
21.62
26.73
24.31
15.06
14.83
1.57
10.83
Profit Margin (%)
-8
37
110
104
118
100
120
148
168
205
229
185
323
225
132
98
Working Capital
- -
63
66
81
62
145
66
66
64
81
52
16
25
27
30
46
LT Debt
511
520
542
567
450
445
552
664
724
807
843
616
790
827
665
685
Total Equity
-2.67
1.42
2.78
3.16
3.53
5.07
6.77
7.16
7.91
7.27
- -
4.11
3.48
1.96
0.8
2.1
Return on Invested Capital (%)
-1.59
3.08
7.22
3.78
4.66
3.11
5.26
4.81
5.02
4.66
- -
3.99
1.75
2.14
-0.36
2.55
Return on Capital (%)
-2.42
4.96
10.69
5.96
7.21
5.7
9.57
8.53
8.49
7.71
6.6
6.55
3.65
3.11
0.44
3.63
Return on Common Equity (%)

Capital Structure

NZD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

NZD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

NZD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.88%
-2.1%
3.03%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
58.65%
97.13%
632.01%
Sales/Revenue/Turnover
4.28%
2.26%
5.99%
Total Cash Common Dividend
16.95%
13.34%
0.88%

Semi-annual Revenue

NZD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
146
2024
- -
- -
176
2025
- -
- -
187

Semi-annual Earnings Per Share

NZD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.14
2024
- -
- -
0.02
2025
- -
- -
0.13

Semi-annual Dividends Per Share

NZD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.06
2024
- -
- -
0.06
2025
- -
- -
0.06
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Business
Millennium & Copthorne Hotels New Zealand Limited (NZX:MCK), founded in 1985 and headquartered in Auckland, New Zealand, owns, operates, leases, manages and franchises approximately 18 hotels across New Zealand under the Millennium, Grand Millennium, M Social, Copthorne and Kingsgate brands; these include premium properties such as Millennium Hotel Rotorua, Millennium Hotel Queenstown and M Social Auckland offering timeless elegance and sophisticated accommodations with conference facilities, lifestyle hotels like M Social providing contemporary design experiences, mid-scale Copthorne hotels in regional business centres and resorts from Bay of Islands to Queenstown delivering affordable luxury and personal service, and Kingsgate hotels supplying Kiwi hospitality for business, leisure and family travellers in key locations; the company also holds a 65% stake in NZX-listed CDL Investments New Zealand Limited, a residential property developer, and maintains property interests in Australia including a 50% joint venture in Sofitel Brisbane Central and Zenith Apartments in Sydney. Operations span New Zealand's gateway cities like Auckland and Wellington, resort destinations including Queenstown, Rotorua and Bay of Islands, and extend to Australia, targeting business, leisure, international tourists and corporate clients with over 500 employees supporting a portfolio of hotel, development and investment properties assessed at a fair market value of $1.1 billion as of December 2024. Recent developments include the January 2025 settlement of The Mayfair Hotel Christchurch acquisition for $31.9 million to re-establish presence in that key market with 67 luxury rooms and suites, ongoing refurbishments completing over 390 rooms in the past three years with more than 140 additional rooms in 2025 at properties like Millennium Hotel Rotorua and Copthorne Hotel & Resort Bay of Islands, first full-year operations at Sofitel Brisbane yielding consistent demand, a 21% revenue increase to $176.2 million and 32.1% operating profit growth to $42.5 million in 2024 driven by hotel recovery and cost management, a failed takeover offer in May 2025 by CDL Hotels Holdings New Zealand Limited which now controls 84% of shares without achieving compulsory acquisition, and a 3-cent per share dividend declaration in June 2025.