1. New Zealand Stocks

  2. •

    Finance

  3. •

    Real estate investment trusts
Property For Industry Limited

Property For Industry Limited

2.20
NZD
+0.01
(+0.46%)
0.15EPS
15.64P/E
1.22BMarket Cap
Mar 02Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2025 Y
2026 Y
Revenue per Share
0.15
0.15
0.16
0.16
0.16
0.18
0.19
0.19
0.22
0.22
0.23
0.25
0.29
Basic EPS, GAAP
0.13
0.14
0.17
0.27
0.11
0.22
0.35
0.23
0.9
-0.03
-0.19
0.21
0.15
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.06
0.07
0.07
0.06
0.07
0.08
0.08
0.06
0.05
0.08
0.08
0.08
0.09
Book Value per Share
1.29
1.36
1.46
1.66
1.69
1.83
2.11
2.27
3.09
2.99
2.71
2.84
2.9
Tangible Book Value per Share
1.22
1.29
1.39
1.6
1.63
1.78
2.06
2.21
3.03
2.99
2.71
2.84
2.9
Basic Weighted Avg Shares
320
416
425
453
460
499
499
500
503
505
502
502
502
Sales/Revenue/Turnover
49
63
67
71
73
89
95
96
108
111
115
128
144
Operating Margin (%)
85.55
89.31
82.63
84.7
88.81
80.7
79.11
76.99
77.64
76.45
71.27
74.07
75.11
Depreciation Expense
1
- -
3
3
- -
- -
- -
- -
- -
- -
1
- -
- -
Net Income, GAAP
41
60
73
123
52
110
176
113
453
-14
-98
106
78
Effective Tax Rate (%)
14.49
9.11
8.48
6.56
- -
9.98
7.4
16.39
4.23
- -
- -
10.35
16.17
Profit Margin (%)
82.85
94.43
109.42
174.5
70.81
123.62
184.81
118.04
418.16
-12.58
-85.07
83.14
53.82
Working Capital
-1
-8
-6
-3
-7
-16
-20
-6
-10
-10
-115
-118
-24
LT Debt
315
313
331
333
371
398
413
488
599
604
549
605
783
Total Equity
535
565
658
756
843
915
1,054
1,137
1,563
1,500
1,360
1,424
1,457
Return on Invested Capital (%)
5.88
5.95
5.38
5.37
- -
5.12
5
3.98
4.25
- -
- -
4.09
4.15
Return on Capital (%)
8.48
8.85
9.7
13.48
- -
10.05
13.95
8.33
24.94
- -
- -
6.56
4.82
Return on Common Equity (%)
10.32
10.89
11.91
17.45
6.46
12.52
17.9
10.36
33.55
-0.91
-6.84
7.62
5.4

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
8.91%
6.23%
2.29%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
71.11%
112.45%
-26.69%
Sales/Revenue/Turnover
8.22%
8.58%
13.23%
Total Cash Common Dividend
6.71%
9.59%
9.66%

Semi-annual Revenue

NZD

•

in mil. unless spec.

Year

H1
H2
FY
2025
- -
- -
128
2026
- -
- -
144

Semi-annual Earnings Per Share

NZD

•

in mil. unless spec.

Year

H1
H2
FY
2025
- -
- -
0.21
2026
- -
- -
0.15

Semi-annual Dividends Per Share

NZD

•

in mil. unless spec.

Year

H1
H2
FY
2025
- -
- -
0.08
2026
- -
- -
0.09

Company Description

Company Profile APIChatGPT
CEO
Simon Woodhams
Full Time Employees
28
Sector
Finance
Industry
Real estate investment trusts
Address
Level 4 Auckland AU New Zealand 1010
IPO Date
Nov 4, 1994
Website
propertyforindustry.co.nz
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Business
Property For Industry Limited (PFI.NZ) is a New Zealand-based real estate investment trust specializing in industrial property investment and management. The company owns and leases a diversified nationwide portfolio of over 90 quality industrial properties valued at more than $2 billion, primarily located in Auckland suburbs including Avondale, East Tamaki, Manukau, Mt Wellington, North Shore, Penrose, and other areas, as well as sites in Hamilton, Tauranga, Wellington, and Christchurch; its properties support key industrial sectors such as last-mile e-commerce, food and beverage, freight, technology, automotive, storage and logistics, frozen goods, horticulture, and primary industries, with tenants including Fisher & Paykel Appliances, Fletcher Building Products, Brambles, Cottonsoft, Mainfreight, and Coca-Cola Amatil. PFI generates nearly all revenue from rental and management fees. Founded in 1993 and listed on the NZX since 1994, the company is headquartered at Level 4, Hayman Kronfeld Building, 15 Galway Street, Auckland. Recent developments include the settlement of the acquisition of 316 Neilson Street in Penrose, Auckland in February 2025, the purchase of 505 & 507 Mt Wellington Highway in November 2025, and the acquisition of 45 Cryers Road in East Tamaki, Auckland, alongside a focus on sustainable projects, lease reversions, and developments to drive rental income growth and portfolio expansion. PFI employs 22 staff under CEO Simon Woodhams and maintains strong tenant relationships to support long-term value creation for investors through steady dividends and capital growth.