Goodman New Zealand and Goodman Property Services (FRA:NJK) EV-to-EBITDA: 16.84 (As of Aug. 28, 2026) — 79% Above Median

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FRA:NJK Goodman New Zealand Ltd and Goodman Property Services Ltd FRA:NJK
79 GF Score
Price €0.98
GF Value €0.74
! 5 Warning Signs
View Full Analysis

What is Goodman New Zealand and Goodman Property Services EV-to-EBITDA?

Goodman New Zealand and Goodman Property Services FRA:NJK 79 EV-to-EBITDA is 16.84 as of Aug. 28, 2026, which is 79% above its 10-year median of 9.39. GuruFocus rates FRA:NJK with a GF Score™ of 79/100 and a GF Value™ of €0.74. The stock has 5 warning signs investors should review. Among 668 REITs companies, Goodman New Zealand and Goodman Property Services ranks worse than 59.43% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Goodman New Zealand and Goodman Property Services's enterprise value is €1,736.5 Mil. Goodman New Zealand and Goodman Property Services's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was €103.1 Mil. Therefore, Goodman New Zealand and Goodman Property Services's EV-to-EBITDA for today is 16.84.

The historical rank and industry rank for Goodman New Zealand and Goodman Property Services's EV-to-EBITDA or its related term are showing as below:

FRA:NJK' s EV-to-EBITDA Range Over the Past 10 Years
Min: -45.41   Med: 9.39   Max: 26.69
Current: 17.1

During the past 13 years, the highest EV-to-EBITDA of Goodman New Zealand and Goodman Property Services was 26.69. The lowest was -45.41. And the median was 9.39.

FRA:NJK's EV-to-EBITDA is ranked worse than
59.43% of 668 companies
in the REITs industry
Industry Median: 15.34 vs FRA:NJK: 17.10

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-28), Goodman New Zealand and Goodman Property Services's stock price is €0.975. Goodman New Zealand and Goodman Property Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was €0.042. Therefore, Goodman New Zealand and Goodman Property Services's PE Ratio (TTM) for today is 23.21.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Goodman New Zealand and Goodman Property Services  (FRA:NJK) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Goodman New Zealand and Goodman Property Services's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.975/0.042
=23.21

Goodman New Zealand and Goodman Property Services's share price for today is €0.975.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Goodman New Zealand and Goodman Property Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was €0.042.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Goodman New Zealand and Goodman Property Services EV-to-EBITDA Related Terms


Goodman New Zealand and Goodman Property Services EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Goodman New Zealand and Goodman Property Services's EV-to-EBITDA can be seen below:

* 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.

Goodman New Zealand and Goodman Property Services EV-to-EBITDA Chart

Goodman New Zealand and Goodman Property Services Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.89 5.61 -43.43 -8.62 23.31

Goodman New Zealand and Goodman Property Services Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -8.62 0.00 23.31 0.00

FRA:NJK vs PLD, PSA, EXR: EV-to-EBITDA Comparison

For the REIT - Industrial subindustry, Goodman New Zealand and Goodman Property Services's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* 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.


Goodman New Zealand and Goodman Property Services EV-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Goodman New Zealand and Goodman Property Services's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Goodman New Zealand and Goodman Property Services's EV-to-EBITDA falls into.


FRA:NJK
79GF Score
Goodman New Zealand Ltd and Goodman Property Services Ltd FRA:NJK
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodman New Zealand and Goodman Property Services EV-to-EBITDA Calculation

Goodman New Zealand and Goodman Property Services's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1736.484/103.108
=16.84

Goodman New Zealand and Goodman Property Services's current Enterprise Value is €1,736.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Goodman New Zealand and Goodman Property Services's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was €103.1 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 16.84 mean?
Goodman New Zealand and Goodman Property Services (FRA:NJK) has a EV-to-EBITDA of 16.84 as of Aug. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Goodman New Zealand and Goodman Property Services. This is 79% above median its historical median of 9.39. According to the industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #397 out of 668 companies in the REITs industry, placing it in the top 59.4%.
Is Goodman New Zealand and Goodman Property Services' EV-to-EBITDA too high?
Goodman New Zealand and Goodman Property Services' current EV-to-EBITDA of 16.84 is 79% above median its 10-year median of 9.39. The REITs industry median EV-to-EBITDA is 15.34. Goodman New Zealand and Goodman Property Services' value of 16.84 is 9.8% above this industry median. Based on the distribution chart, Goodman New Zealand and Goodman Property Services ranks #397 out of 668 companies in the REITs industry, which is below the industry midpoint. Overall, Goodman New Zealand and Goodman Property Services has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Goodman New Zealand and Goodman Property Services' EV-to-EBITDA compare to PLD and PSA?
According to the REITs industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #397 out of 668 companies for EV-to-EBITDA. This places Goodman New Zealand and Goodman Property Services in the lower half of its industry. The industry median EV-to-EBITDA is 15.34. Goodman New Zealand and Goodman Property Services' value of 16.84 is 9.8% above this benchmark. While the company's 10-year median is 9.39 vs. the industry median of 15.34, Goodman New Zealand and Goodman Property Services 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-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.34, based on 668 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Goodman New Zealand and Goodman Property Services's current EV-to-EBITDA of 16.84 is 9.8% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Goodman New Zealand and Goodman Property Services. For the REITs industry, the median EV-to-EBITDA is 15.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodman New Zealand and Goodman Property Services's current EV-to-EBITDA is 16.84, which is 79% above median its own 10-year median of 9.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman New Zealand and Goodman Property Services stock overvalued right now?
Goodman New Zealand and Goodman Property Services (FRA:NJK) has a current EV-to-EBITDA of 16.84. The stock's GF Value™ is €0.74, compared to a current price of €0.98 — trading 31.8% above its estimated fair value. The current EV-to-EBITDA is 16.84, which is 79% above median its 10-year median of 9.39 and 9.8% above the REITs industry median of 15.34. Goodman New Zealand and Goodman Property Services' overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Goodman New Zealand and Goodman Property Services (FRA:NJK), the current EV-to-EBITDA is 16.84 as of Aug. 28, 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 Goodman New Zealand and Goodman Property Services (FRA:NJK) Overvalued in 2026?

Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services stock appears to be overvalued. The current stock price of €0.98 is trading 31.8% above its estimated GF Value™ of €0.74.

Key valuation signals for FRA:NJK:

  • EV-to-EBITDA: 16.84 (79% above median its 10-year median of 9.39)
  • GF Value™: €0.74 vs. price of €0.98 (31.8% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 9.8% above the REITs median (#397 of 668)

No single metric tells the full story. See the FRA:NJK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goodman New Zealand and Goodman Property Services Business Description

Industry Real EstateREITs
Other Exchanges GNZ:New Zealand
Address 18 Viaduct Harbour Avenue, Victoria Street West, PO Box 90940, Level 2, KPMG Centre, Auckland, NSW, AUS, 1142
Goodman New Zealand Ltd and Goodman Property Services Ltd, formerly known as Goodman Property Trust, is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.
79GF Score

Get the complete analysis for FRA:NJK

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.98
Price
€0.74
GF Value