Property For Industry's quarterly market cap
declined
from Dec. 2023 (NZ$1,129.8 Mil) to Jun. 2024 (NZ$1,079.7 Mil) but then
increased
from Jun. 2024 (NZ$1,079.7 Mil) to Dec. 2024 (NZ$1,089.8 Mil).
Property For Industry's annual market cap
increased
from Dec. 2020 (NZ$1,468.8 Mil) to Dec. 2021 (NZ$1,506.4 Mil) but then
declined
from Dec. 2021 (NZ$1,506.4 Mil) to Dec. 2022 (NZ$1,154.7 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Property For Industry's Enterprise Value for Today is NZ$1,750.8 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.
Competitive Comparison of Property For Industry's Market Cap
For the REIT - Industrial subindustry, Property For Industry's Market Cap, along with its competitors' market caps and Market Cap 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.
Property For Industry's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Property For Industry's Market Cap distribution charts can be found below:
* The bar in red indicates where Property For Industry's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Property For Industry's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Property For Industry (NZSE:PFI) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Property For Industry Market Cap Related Terms
Thank you for viewing the detailed overview of Property For Industry's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Property For Industry Ltd is a New Zealand-based industrial property investment company. The company's portfolio is predominantly composed of industrial properties. The company's investment properties are solely located in New Zealand, with the majority in Auckland and the remaining in other New Zealand cities. Its tenants encompass large enterprises such as Fisher and Paykel Appliances, Fletcher Building Products, Brambles, and Cottonsoft among others. Rental and management fee income represents nearly all of its operating revenue.
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