1. New Zealand Stocks

  2. •

    Finance

  3. •

    Real estate development
Stride Property Group

Stride Property Group

NNZX:SPG
1.06
NZD
-0.01
(-0.93%)
0.04EPS
28.92P/E
625.42MMarket Cap
Nov 24Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
0.23
0.22
0.2
0.22
0.18
0.18
0.25
0.26
0.23
0.23
0.22
0.22
0.21
Basic EPS, GAAP
0.18
0.15
0.23
0.28
0.15
0.26
0.21
0.07
0.33
0.23
-0.22
-0.1
0.04
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.07
0.07
0.09
0.11
0.1
0.1
0.1
0.1
0.1
0.1
0.08
0.04
0.08
Book Value per Share
1.63
1.71
1.82
1.97
1.67
1.83
1.93
1.91
2.15
2.28
1.98
1.78
1.72
Tangible Book Value per Share
1.62
1.69
1.81
1.97
1.67
1.82
1.92
1.91
2.15
2.28
1.98
1.78
1.72
Basic Weighted Avg Shares
248
287
297
331
364
365
365
365
400
495
540
549
559
Sales/Revenue/Turnover
58
62
61
74
65
65
92
95
91
113
118
121
118
Operating Margin (%)
78.14
78.89
83.98
82.16
70.77
66.54
58.09
56.38
58.89
59.31
59.86
58.57
57.55
Depreciation Expense
- -
- -
- -
- -
- -
- -
1
1
1
- -
- -
- -
- -
Net Income, GAAP
46
42
69
92
53
95
76
25
132
112
-117
-56
22
Effective Tax Rate (%)
14.92
15.17
10.94
9.61
12.68
5.5
6.39
11.65
6.64
9.92
- -
- -
33.32
Profit Margin (%)
78.53
67.05
113.38
124.97
82.61
145.88
82.43
26.64
144.14
99.11
-98.94
-46.36
18.33
Working Capital
33
-4
2
60
26
28
76
117
5
86
13
8
3
LT Debt
246
268
305
532
347
307
332
413
330
360
458
443
418
Total Equity
408
507
542
719
608
667
704
698
1,018
1,231
1,076
992
960
Return on Invested Capital (%)
6.14
5.31
5.59
4.97
3.61
4.25
4.99
4.23
4.07
2.98
- -
- -
2.8
Return on Capital (%)
9.42
7.61
9.95
10.38
6.19
11.51
9.07
3.58
11.61
8.54
- -
- -
2.4
Return on Common Equity (%)
12.29
9.08
13.13
14.66
8.04
14.94
11.11
3.61
15.37
9.99
-10.12
-5.43
2.22

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
7.49%
8.62%
-3.3%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-0.47%
2.3%
-138.58%
Sales/Revenue/Turnover
7.9%
4.88%
-2.43%
Total Cash Common Dividend
9.41%
12.96%
90.14%

Semi-annual Revenue

NZD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
118
2024
- -
- -
121
2025
- -
- -
118

Semi-annual Earnings Per Share

NZD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.22
2024
- -
- -
-0.1
2025
- -
- -
0.04

Semi-annual Dividends Per Share

NZD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.08
2024
- -
- -
0.04
2025
- -
- -
0.08

Company Description

Company Profile APIChatGPT
CEO
Philip Michael Littlewood
Full Time Employees
108
Sector
Finance
Industry
Real estate development
Address
34 Shortland Street Auckland AUK New Zealand 1010
IPO Date
Aug 16, 2010
Website
strideproperty.co.nz
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Business
Stride Property Group operates as a real estate investment and management company primarily focused on commercial office, retail, and industrial properties in New Zealand. Founded in 1996 and headquartered in Auckland, Stride combines direct property ownership with an investment management business, managing entities that own commercial properties, including Investore, Industre, and Diversified. The company’s portfolio is well diversified across core property sectors and generates income through real estate investment management fees, direct property income, and indirect property income from its investments in these managed entities. Stride’s main products and services include ownership, leasing, and development of commercial office buildings, retail shopping centers, and industrial properties, with a significant concentration of assets in Auckland, Wellington, and other New Zealand regions. The company’s tenants span various sectors, including general distributors, large retailers, banking institutions, government agencies, and industrial companies. Recent major developments for Stride include securing a 125-year pre-paid ground lease for the redevelopment of North Wharf in Auckland’s Wynyard Quarter, marking a significant urban regeneration project aligned with sustainable urban design principles and cultural integration. Stride also completed the acquisition of a 6 Green Star Design-rated office property at 110 Carlton Gore Road, Auckland, while selling non-core assets such as 22 The Terrace, Wellington. The company continues its leasing activities with strong rental uplifts and sustainability commitments, with a substantial portion of its office portfolio holding Green Star ratings. These initiatives signify Stride’s growing emphasis on sustainable development and portfolio optimization. Stride operates within the New Zealand real estate sector through its subsidiaries Stride Property Limited and Stride Investment Management Limited, applying a strategy built on performance, place-making, people, and product innovation. The company leverages a well-balanced portfolio and investment management framework to generate recurring management fees and property income while pursuing strategic growth and development opportunities across the country. Overall, Stride Property Group presents a mature and diversified real estate investment proposition with a focus on commercial property segments, strategic asset management, and sustainable urban development projects in New Zealand.