Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Precinct Properties NZ & Precinct Properties Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:
Precinct Properties NZ & Precinct Properties Investments's Enterprise Value for the quarter that ended in Dec. 2025 was NZ$3,712.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Precinct Properties NZ & Precinct Properties Investments's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$75.8 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Precinct Properties NZ & Precinct Properties Investments EV-to-EBIT Related Terms
Precinct Properties NZ & Precinct Properties Investments EV-to-EBIT Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Precinct Properties NZ & Precinct Properties Investments EV-to-EBIT vs REITs Industry
Precinct Properties NZ & Precinct Properties Investments's current Enterprise Value is NZ$3,397.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Precinct Properties NZ & Precinct Properties Investments's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$75.8 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) has a EV-to-EBIT of 44.82 as of Aug. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Precinct Properties NZ & Precinct Properties Investments and its competitors. This is 163% above median its historical median of 17.02. According to the industry distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #577 out of 656 companies in the REITs industry, placing it in the top 88%.
Is Precinct Properties NZ & Precinct Properties Investments' EV-to-EBIT too high?
Precinct Properties NZ & Precinct Properties Investments' current EV-to-EBIT of 44.82 is 163% above median its 10-year median of 17.02. The REITs industry median EV-to-EBIT is 18.16. Precinct Properties NZ & Precinct Properties Investments' value of 44.82 is 146.8% above this industry median. Based on the distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #577 out of 656 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Precinct Properties NZ & Precinct Properties Investments has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precinct Properties NZ & Precinct Properties Investments' EV-to-EBIT compare to VICI and WPC?
According to the REITs industry distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #577 out of 656 companies for EV-to-EBIT. This places Precinct Properties NZ & Precinct Properties Investments in the lower half of its industry. The industry median EV-to-EBIT is 18.16. Precinct Properties NZ & Precinct Properties Investments' value of 44.82 is 146.8% above this benchmark. While the company's 10-year median is 17.02 vs. the industry median of 18.16, Precinct Properties NZ & Precinct Properties Investments has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.16, based on 656 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Precinct Properties NZ & Precinct Properties Investments's current EV-to-EBIT of 44.82 is 146.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Precinct Properties NZ & Precinct Properties Investments and its competitors. For the REITs industry, the median EV-to-EBIT is 18.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Precinct Properties NZ & Precinct Properties Investments's current EV-to-EBIT is 44.82, which is 163% above median its own 10-year median of 17.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precinct Properties NZ & Precinct Properties Investments stock overvalued right now?
Based on GuruFocus' analysis, Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$0.92, compared to a current price of NZ$1.03 — trading 12% above its estimated fair value. The current EV-to-EBIT is 44.82, which is 163% above median its 10-year median of 17.02 and 146.8% above the REITs industry median of 18.16. Precinct Properties NZ & Precinct Properties Investments' overall GF Score™ is 51/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT), the current EV-to-EBIT is 44.82 as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) Overvalued in 2026?
Based on GuruFocus' analysis, Precinct Properties NZ & Precinct Properties Investments stock appears to be overvalued.
The current stock price of NZ$1.03 is trading 12% above its estimated GF Value™ of NZ$0.92.
GuruFocus considers Precinct Properties NZ & Precinct Properties Investments to be Modestly Overvalued.
Key valuation signals for NZSE:PCT:
EV-to-EBIT: 44.82 (163% above median its 10-year median of 17.02)
GF Value™: NZ$0.92 vs. price of NZ$1.03 (12% above fair value)
Industry Position: 146.8% above the REITs median (#577 of 656)
No single metric tells the full story. See the NZSE:PCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd invests predominantly in prime office properties in the central business districts of New Zealand. The company's operating segment includes Investment properties, Hotel and hospitality, Investment management, and Flexible space. It generates maximum revenue from the Investment properties segment. Some of its properties include AON Centre, NTT Tower, Jarden House, PwC Tower at Commercial Bay, and others.
51GF Score
Get the complete analysis for NZSE:PCT
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NZSE:PCT has been successfully added to your 
