Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) Equity-to-Asset: 0.58 (As of Dec. 2025) — Near Median

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NZSE:PCT Precinct Properties NZ Ltd & Precinct Properties Investments Ltd NZSE:PCT
49 GF Score
Price NZ$1.00
GF Value NZ$0.92
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Precinct Properties NZ & Precinct Properties Investments Equity-to-Asset?

Precinct Properties NZ & Precinct Properties Investments NZSE:PCT -0.99% 49 Equity-to-Asset is 0.58 as of Dec. 2025, which is 9% below its 10-year median of 0.64. GuruFocus rates NZSE:PCT with a GF Score™ of 49/100 and a GF Value™ of NZ$0.92 (Fairly Valued). The stock has 8 warning signs investors should review. Among 925 REITs companies, Precinct Properties NZ & Precinct Properties Investments ranks worse than 50.38% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Precinct Properties NZ & Precinct Properties Investments's Total Stockholders Equity for the quarter that ended in Dec. 2025 was NZ$2,266.4 Mil. Precinct Properties NZ & Precinct Properties Investments's Total Assets for the quarter that ended in Dec. 2025 was NZ$3,880.8 Mil. Therefore, Precinct Properties NZ & Precinct Properties Investments's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.58.

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

NZSE:PCT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.64   Max: 0.81
Current: 0.58

During the past 13 years, the highest Equity to Asset Ratio of Precinct Properties NZ & Precinct Properties Investments was 0.81. The lowest was 0.54. And the median was 0.64.

NZSE:PCT's Equity-to-Asset is ranked worse than
50.38% of 925 companies
in the REITs industry
Industry Median: 0.59 vs NZSE:PCT: 0.58

Precinct Properties NZ & Precinct Properties Investments  (NZSE:PCT) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Precinct Properties NZ & Precinct Properties Investments Equity-to-Asset Related Terms


Precinct Properties NZ & Precinct Properties Investments Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Precinct Properties NZ & Precinct Properties Investments's Equity-to-Asset 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 Equity-to-Asset Chart

Precinct Properties NZ & Precinct Properties Investments Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.63 0.60 0.59 0.54

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
Equity-to-Asset 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 0.62 0.59 0.55 0.54 0.58

NZSE:PCT vs VICI, WPC, BNL: Equity-to-Asset Comparison

For the REIT - Diversified subindustry, Precinct Properties NZ & Precinct Properties Investments's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs REITs Industry

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

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


NZSE:PCT
49GF Score
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd NZSE:PCT
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Precinct Properties NZ & Precinct Properties Investments Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Precinct Properties NZ & Precinct Properties Investments's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Equity to Asset (A: Jun. 2025 )=Total Stockholders Equity/Total Assets
=1989.2/3699.2
=0.54

Precinct Properties NZ & Precinct Properties Investments's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=2266.4/3880.8
=0.58

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.58 mean?
Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) has a Equity-to-Asset of 0.58 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Precinct Properties NZ & Precinct Properties Investments and its competitors. This is near median its historical median of 0.64. Over the past decade, Precinct Properties NZ & Precinct Properties Investments' Equity-to-Asset has ranged from 0.54 to 0.81. According to the industry distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #466 out of 925 companies in the REITs industry, placing it in the top 50.4%.
Is Precinct Properties NZ & Precinct Properties Investments' Equity-to-Asset too high?
Precinct Properties NZ & Precinct Properties Investments' current Equity-to-Asset of 0.58 is near median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 0.81. The REITs industry median Equity-to-Asset is 0.59. Precinct Properties NZ & Precinct Properties Investments' value of 0.58 is 1.7% below this industry median. Based on the distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #466 out of 925 companies in the REITs industry, which is below the industry midpoint. Overall, Precinct Properties NZ & Precinct Properties Investments has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Precinct Properties NZ & Precinct Properties Investments' Equity-to-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #466 out of 925 companies for Equity-to-Asset. This places Precinct Properties NZ & Precinct Properties Investments in the lower half of its industry. The industry median Equity-to-Asset is 0.59. Precinct Properties NZ & Precinct Properties Investments' value of 0.58 is 1.7% below this benchmark. Historically, Precinct Properties NZ & Precinct Properties Investments' own Equity-to-Asset has ranged from 0.54 to 0.81 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.59, Precinct Properties NZ & Precinct Properties Investments has consistently been below 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 Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.59, based on 925 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset 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 Equity-to-Asset of 0.58 is 1.7% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Precinct Properties NZ & Precinct Properties Investments and its competitors. For the REITs industry, the median Equity-to-Asset is 0.59 — 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 Equity-to-Asset is 0.58, which is near median its own 10-year median of 0.64. 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 Fairly Valued. The stock's GF Value™ is NZ$0.92, compared to a current price of NZ$1.00 — trading 8.7% above its estimated fair value. The current Equity-to-Asset is 0.58, which is near median its 10-year median of 0.64 and 1.7% below the REITs industry median of 0.59. Precinct Properties NZ & Precinct Properties Investments' overall GF Score™ is 49/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT), the current Equity-to-Asset is 0.58 as of Dec. 2025. 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$1.00 is trading 8.7% above its estimated GF Value™ of NZ$0.92. GuruFocus considers Precinct Properties NZ & Precinct Properties Investments to be Fairly Valued.

Key valuation signals for NZSE:PCT:

  • Equity-to-Asset: 0.58 (near median its 10-year median of 0.64)
  • GF Value™: NZ$0.92 vs. price of NZ$1.00 (8.7% above fair value)
  • GF Score™: 49/100 with 8 warning signs
  • Industry Position: 1.7% below the REITs median (#466 of 925)

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.
49GF Score

Get the complete analysis for NZSE:PCT

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

NZ$1.00
Price
NZ$0.92
GF Value