Asset Plus (NZSE:APL) FCF Yield %: 5.00 (As of Jul. 14, 2026) — 36% Above Median

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NZSE:APL Asset Plus Ltd NZSE:APL
43 GF Score
Price NZ$0.17
GF Value NZ$0.23
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Asset Plus FCF Yield %?

Asset Plus NZSE:APL -1.76% 43 FCF Yield % is 5.00 as of Jul. 14, 2026, which is 36% above its 10-year median of 3.69. GuruFocus rates NZSE:APL with a GF Score™ of 43/100 and a GF Value™ of NZ$0.23 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 941 REITs companies, Asset Plus ranks worse than 56% on this metric.

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Asset Plus's Trailing 12-Month Free Cash Flow is NZ$3.08 Mil, and Market Cap is NZ$61.66 Mil. Therefore, Asset Plus's FCF Yield % for today is 5.00%.

The historical rank and industry rank for Asset Plus's FCF Yield % or its related term are showing as below:

NZSE:APL' s FCF Yield % Range Over the Past 10 Years
Min: -0.21   Med: 3.69   Max: 12.22
Current: 5


During the past 13 years, the highest FCF Yield % of Asset Plus was 12.22%. The lowest was -0.21%. And the median was 3.69%.

NZSE:APL's FCF Yield % is ranked worse than
56% of 941 companies
in the REITs industry
Industry Median: 5.92 vs NZSE:APL: 5.00

Asset Plus's FCF Margin % for the quarter that ended in Mar. 2026 was 60.64%.


Asset Plus FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Asset Plus FCF Yield % Related Terms


Asset Plus FCF Yield % Historical Data

* Premium members only.

The historical data trend for Asset Plus's FCF Yield % 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.

Asset Plus FCF Yield % Chart

Asset Plus Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.37 3.03 0.53 -0.20 4.72

Asset Plus Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
FCF Yield % 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 1.66 -2.89 3.09 2.62 6.24

NZSE:APL vs VICI, WPC, BNL: FCF Yield % Comparison

For the REIT - Diversified subindustry, Asset Plus's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.


Asset Plus FCF Yield % vs REITs Industry

For the REITs industry and Real Estate sector, Asset Plus's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Asset Plus's FCF Yield % falls into.


NZSE:APL
43GF Score
Asset Plus Ltd NZSE:APL
FCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asset Plus FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Asset Plus's FCF Yield % for the fiscal year that ended in Mar. 2026 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=3.081 / 65.28924
=4.72%

Asset Plus's annualized FCF Yield % for the quarter that ended in Mar. 2026 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=2.037 * 2 / 65.28924
=6.24%

* 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 FCF Yield % →
What does a FCF Yield % of 5.00 mean?
Asset Plus (NZSE:APL) has a FCF Yield % of 5.00 as of Jul. 14, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Asset Plus and its competitors. This is 36% above median its historical median of 3.69. According to the industry distribution chart, Asset Plus ranks #527 out of 941 companies in the REITs industry, placing it in the top 56%.
Is Asset Plus' FCF Yield % too high?
Asset Plus' current FCF Yield % of 5.00 is 36% above median its 10-year median of 3.69. The REITs industry median FCF Yield % is 5.92. Asset Plus' value of 5.00 is 15.5% below this industry median. Based on the distribution chart, Asset Plus ranks #527 out of 941 companies in the REITs industry, which is below the industry midpoint. Overall, Asset Plus has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asset Plus' FCF Yield % compare to VICI and WPC?
According to the REITs industry distribution chart, Asset Plus ranks #527 out of 941 companies for FCF Yield %. This places Asset Plus in the lower half of its industry. The industry median FCF Yield % is 5.92. Asset Plus' value of 5.00 is 15.5% below this benchmark. While the company's 10-year median is 3.69 vs. the industry median of 5.92, Asset Plus 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 FCF Yield % for a REITs company?
The median FCF Yield % among REITs companies is 5.92, based on 941 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asset Plus's current FCF Yield % of 5.00 is 15.5% 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 FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Asset Plus and its competitors. For the REITs industry, the median FCF Yield % is 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asset Plus's current FCF Yield % is 5.00, which is 36% above median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asset Plus stock overvalued right now?
Based on GuruFocus' analysis, Asset Plus (NZSE:APL) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$0.23, compared to a current price of NZ$0.17 — trading 27.4% below its estimated fair value. The current FCF Yield % is 5.00, which is 36% above median its 10-year median of 3.69 and 15.5% below the REITs industry median of 5.92. Asset Plus' overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For Asset Plus (NZSE:APL), the current FCF Yield % is 5.00 as of Jul. 14, 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 Asset Plus (NZSE:APL) Overvalued in 2026?

Based on GuruFocus' analysis, Asset Plus stock appears to be undervalued. The current stock price of NZ$0.17 is trading 27.4% below its estimated GF Value™ of NZ$0.23. GuruFocus considers Asset Plus to be Modestly Undervalued.

Key valuation signals for NZSE:APL:

  • FCF Yield %: 5.00 (36% above median its 10-year median of 3.69)
  • GF Value™: NZ$0.23 vs. price of NZ$0.17 (27.4% below fair value)
  • GF Score™: 43/100 with 2 warning signs
  • Industry Position: 15.5% below the REITs median (#527 of 941)

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


Asset Plus Business Description

Industry Real EstateREITs
Address C/- Centuria Funds Management Limited, 30 Gaunt Street, Level 2, Bayleys House, Wynyard Quarter, Auckland, NTL, NZL, 1010
Asset Plus Ltd is a commercial property investment company. Its principal activities include investing in commercial property in New Zealand. The company's investment portfolio consists of office properties in New Zealand including the Munroe Lane property, and the 35 Graham Street property which is currently held for sale.
43GF Score

Get the complete analysis for NZSE:APL

FCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$0.17
Price
NZ$0.23
GF Value