Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) EV-to-EBITDA: 39.32 (As of Aug. 22, 2026) — 140% Above Median

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NZSE:PCT Precinct Properties NZ Ltd & Precinct Properties Investments Ltd NZSE:PCT
51 GF Score
Price NZ$1.03
GF Value NZ$0.92
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Precinct Properties NZ & Precinct Properties Investments EV-to-EBITDA?

Precinct Properties NZ & Precinct Properties Investments NZSE:PCT +1.98% 51 EV-to-EBITDA is 39.32 as of Aug. 22, 2026, which is 140% above its 10-year median of 16.39. GuruFocus rates NZSE:PCT with a GF Score™ of 51/100 and a GF Value™ of NZ$0.92 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 674 REITs companies, Precinct Properties NZ & Precinct Properties Investments ranks worse than 92.73% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Precinct Properties NZ & Precinct Properties Investments's enterprise value is NZ$3,397.5 Mil. Precinct Properties NZ & Precinct Properties Investments's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$86.4 Mil. Therefore, Precinct Properties NZ & Precinct Properties Investments's EV-to-EBITDA for today is 39.32.

The historical rank and industry rank for Precinct Properties NZ & Precinct Properties Investments's EV-to-EBITDA or its related term are showing as below:

NZSE:PCT' s EV-to-EBITDA Range Over the Past 10 Years
Min: -26.88   Med: 16.39   Max: 109.01
Current: 39.33

During the past 13 years, the highest EV-to-EBITDA of Precinct Properties NZ & Precinct Properties Investments was 109.01. The lowest was -26.88. And the median was 16.39.

NZSE:PCT's EV-to-EBITDA is ranked worse than
92.73% of 674 companies
in the REITs industry
Industry Median: 15.4 vs NZSE:PCT: 39.33

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 (2026-08-22), Precinct Properties NZ & Precinct Properties Investments's stock price is NZ$1.03. Precinct Properties NZ & Precinct Properties Investments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$0.003. Therefore, Precinct Properties NZ & Precinct Properties Investments's PE Ratio (TTM) for today is 343.33.

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


Precinct Properties NZ & Precinct Properties Investments  (NZSE:PCT) 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.

Precinct Properties NZ & Precinct Properties Investments's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.03/0.003
=343.33

Precinct Properties NZ & Precinct Properties Investments's share price for today is NZ$1.03.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Precinct Properties NZ & Precinct Properties Investments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$0.003.

* 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?


Precinct Properties NZ & Precinct Properties Investments EV-to-EBITDA Related Terms


Precinct Properties NZ & Precinct Properties Investments EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Precinct Properties NZ & Precinct Properties Investments'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.

Precinct Properties NZ & Precinct Properties Investments EV-to-EBITDA Chart

Precinct Properties NZ & Precinct Properties Investments Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.24 21.71 -26.45 97.79 39.86

Precinct Properties NZ & Precinct Properties Investments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 97.79 0.00 39.86 0.00

NZSE:PCT vs VICI, WPC, BNL: EV-to-EBITDA Comparison

For the REIT - Diversified subindustry, Precinct Properties NZ & Precinct Properties Investments'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.


Precinct Properties NZ & Precinct Properties Investments EV-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Precinct Properties NZ & Precinct Properties Investments's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Precinct Properties NZ & Precinct Properties Investments's EV-to-EBITDA falls into.


NZSE:PCT
51GF Score
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd NZSE:PCT
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Precinct Properties NZ & Precinct Properties Investments EV-to-EBITDA Calculation

Precinct Properties NZ & Precinct Properties Investments's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3397.549/86.4
=39.32

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 EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$86.4 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 39.32 mean?
Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) has a EV-to-EBITDA of 39.32 as of Aug. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Precinct Properties NZ & Precinct Properties Investments. This is 140% above median its historical median of 16.39. According to the industry distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #625 out of 674 companies in the REITs industry, placing it in the top 92.7%.
Is Precinct Properties NZ & Precinct Properties Investments' EV-to-EBITDA too high?
Precinct Properties NZ & Precinct Properties Investments' current EV-to-EBITDA of 39.32 is 140% above median its 10-year median of 16.39. The REITs industry median EV-to-EBITDA is 15.40. Precinct Properties NZ & Precinct Properties Investments' value of 39.32 is 155.3% above this industry median. Based on the distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #625 out of 674 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-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #625 out of 674 companies for EV-to-EBITDA. This places Precinct Properties NZ & Precinct Properties Investments in the lower half of its industry. The industry median EV-to-EBITDA is 15.40. Precinct Properties NZ & Precinct Properties Investments' value of 39.32 is 155.3% above this benchmark. While the company's 10-year median is 16.39 vs. the industry median of 15.40, 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-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.40, based on 674 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. Precinct Properties NZ & Precinct Properties Investments's current EV-to-EBITDA of 39.32 is 155.3% 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 Precinct Properties NZ & Precinct Properties Investments. For the REITs industry, the median EV-to-EBITDA is 15.40 — 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-EBITDA is 39.32, which is 140% above median its own 10-year median of 16.39. 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-EBITDA is 39.32, which is 140% above median its 10-year median of 16.39 and 155.3% above the REITs industry median of 15.40. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT), the current EV-to-EBITDA is 39.32 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-EBITDA: 39.32 (140% above median its 10-year median of 16.39)
  • GF Value™: NZ$0.92 vs. price of NZ$1.03 (12% above fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 155.3% above the REITs median (#625 of 674)

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 & Precinct Properties Investments Business Description

Industry Real EstateREITs
Other Exchanges AOTUF:USA
Address 188 Quay Street, Level 12, Auckland, NZL, 1010
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-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$1.03
Price
NZ$0.92
GF Value