KWIPF (Kiwi Property Group) Net Cash per Share: $-0.50 (As of Mar. 2026)

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KWIPF Kiwi Property Group Ltd KWIPF
40 GF Score
Price $0.54
GF Value $0.46
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Kiwi Property Group Net Cash per Share?

Kiwi Property Group KWIPF -4.53% 40 Net Cash per Share is $-0.50 as of Mar. 2026. GuruFocus rates KWIPF with a GF Score™ of 40/100 and a GF Value™ of $0.46 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 99 REITs companies, Kiwi Property Group ranks worse than 1010100% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Kiwi Property Group's Net Cash per Share for the quarter that ended in Mar. 2026 was $-0.50.

The historical rank and industry rank for Kiwi Property Group's Net Cash per Share or its related term are showing as below:

KWIPF's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 20.3
* Ranked among companies with meaningful Price-to-Net-Cash only.

Kiwi Property Group  (OTCPK:KWIPF) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Kiwi Property Group Net Cash per Share Related Terms


Kiwi Property Group Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Kiwi Property Group's Net Cash per Share 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.

Kiwi Property Group Net Cash per Share Chart

Kiwi Property Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.57 -0.51 -0.52 -0.52 -0.50

Kiwi Property Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Cash per Share 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 -0.52 -0.55 -0.52 -0.53 -0.50

KWIPF vs VICI, WPC, BNL: Net Cash per Share Comparison

For the REIT - Diversified subindustry, Kiwi Property Group's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Kiwi Property Group Price-to-Net-Cash vs REITs Industry

For the REITs industry and Real Estate sector, Kiwi Property Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Kiwi Property Group's Price-to-Net-Cash falls into.


KWIPF
40GF Score
Kiwi Property Group Ltd KWIPF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Kiwi Property Group Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Kiwi Property Group's Net Cash per Share for the fiscal year that ended in Mar. 2026 is calculated as

Net Cash per Share (A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.083-823.915-0)/1648.786
=-0.50

Kiwi Property Group's Net Cash per Share for the quarter that ended in Mar. 2026 is calculated as

Net Cash per Share (Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.083-823.915-0)/1648.786
=-0.50

* 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 Net Cash per Share →
What does a Net Cash per Share of $-0.50 mean?
Kiwi Property Group (KWIPF) has a Net Cash per Share of $-0.50 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Kiwi Property Group and its competitors. According to the industry distribution chart, Kiwi Property Group ranks #999999 out of 99 companies in the REITs industry.
Is Kiwi Property Group's Net Cash per Share too high?
Kiwi Property Group's current Net Cash per Share is $-0.50. Based on the distribution chart, Kiwi Property Group ranks #999999 out of 99 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Kiwi Property Group has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kiwi Property Group's Net Cash per Share compare to VICI and WPC?
According to the REITs industry distribution chart, Kiwi Property Group ranks #999999 out of 99 companies for Net Cash per Share. This places Kiwi Property Group in the lower half of its industry. The industry median Net Cash per Share is 20.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a REITs company?
The median Net Cash per Share among REITs companies is 20.30, based on 99 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Kiwi Property Group and its competitors. For the REITs industry, the median Net Cash per Share is 20.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kiwi Property Group's current Net Cash per Share is $-0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiwi Property Group stock overvalued right now?
Based on GuruFocus' analysis, Kiwi Property Group (KWIPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.46, compared to a current price of $0.54 — trading 17.6% above its estimated fair value. The current Net Cash per Share is $-0.50. Kiwi Property Group's overall GF Score™ is 40/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Kiwi Property Group (KWIPF), the current Net Cash per Share is $-0.50 as of Mar. 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 Kiwi Property Group (KWIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Kiwi Property Group stock appears to be overvalued. The current stock price of $0.54 is trading 17.6% above its estimated GF Value™ of $0.46. GuruFocus considers Kiwi Property Group to be Modestly Overvalued.

Key valuation signals for KWIPF:

  • Net Cash per Share: $-0.50
  • GF Value™: $0.46 vs. price of $0.54 (17.6% above fair value)
  • GF Score™: 40/100 with 10 warning signs

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


Kiwi Property Group Business Description

Industry Real EstateREITs
Other Exchanges KPG:New Zealand
Address 48 Shortland Street, P.O. Box 2071, Level 7, Vero Centre, Auckland, NTL, NZL, 1140
Kiwi Property Group Ltd is a New Zealand-based company involved in the real estate business. It owns and manages a high-quality real estate portfolio, including some of the country's key commercial properties. Its portfolio comprises office properties, retail-led mixed-use assets, and large landholdings, strategically positioned in areas marked for densification, close to transport nodes. The Group's reportable segments are: Retail-led mixed-use, Office, Development land, and Other. The majority of its revenue is derived from the Retail-led mixed-use assets, which comprise large-scale properties anchored by retail tenancies, which may have complementary uses such as office, residential, or other non-retail components that support the asset's overall performance.
40GF Score

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Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.54
Price
$0.46
GF Value