Goodman New Zealand and Goodman Property Services (NZSE:GNZ) Shareholder Yield % : 13.71% (As of Sep. 2025) — 3016% Above Median

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NZSE:GNZ Goodman New Zealand Ltd and Goodman Property Services Ltd NZSE:GNZ
79 GF Score
Price NZ$2.00
GF Value NZ$1.52
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Goodman New Zealand and Goodman Property Services Shareholder Yield %?

Goodman New Zealand and Goodman Property Services NZSE:GNZ -0.50% 79 Shareholder Yield % is 13.71% as of Sep. 2025, which is 3016% above its 10-year median of 0.44. GuruFocus rates NZSE:GNZ with a GF Score™ of 79/100 and a GF Value™ of NZ$1.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 868 REITs companies, Goodman New Zealand and Goodman Property Services ranks better than 79.49% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Goodman New Zealand and Goodman Property Services's Shareholder Yield % was 13.71%.


Goodman New Zealand and Goodman Property Services  (NZSE:GNZ) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Goodman New Zealand and Goodman Property Services Shareholder Yield % Related Terms


Goodman New Zealand and Goodman Property Services Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for Goodman New Zealand and Goodman Property Services's Shareholder 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.

Goodman New Zealand and Goodman Property Services Shareholder Yield % Chart

Goodman New Zealand and Goodman Property Services Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.67 -2.22 -9.50 -2.91 1.35

Goodman New Zealand and Goodman Property Services Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Shareholder 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 -4.52 -2.91 -1.04 1.35 12.82

NZSE:GNZ vs PLD, PSA, EXR: Shareholder Yield % Comparison

For the REIT - Industrial subindustry, Goodman New Zealand and Goodman Property Services's Shareholder Yield %, along with its competitors' market caps and Shareholder 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.


Goodman New Zealand and Goodman Property Services Shareholder Yield % vs REITs Industry

For the REITs industry and Real Estate sector, Goodman New Zealand and Goodman Property Services's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Goodman New Zealand and Goodman Property Services's Shareholder Yield % falls into.


NZSE:GNZ
79GF Score
Goodman New Zealand Ltd and Goodman Property Services Ltd NZSE:GNZ
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodman New Zealand and Goodman Property Services Shareholder Yield % Calculation

Goodman New Zealand and Goodman Property Services's Shareholder Yield % for the quarter that ended in Sep. 2025 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=3.09 %+0.00 %+9.73 %
=12.82 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 13.71% mean?
Goodman New Zealand and Goodman Property Services (NZSE:GNZ) has a Shareholder Yield % of 13.71% as of Sep. 2025. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Goodman New Zealand and Goodman Property Services and its competitors. This is 3016% above median its historical median of 0.44. According to the industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #178 out of 868 companies in the REITs industry, placing it in the top 20.5%.
Is Goodman New Zealand and Goodman Property Services' Shareholder Yield % too high?
Goodman New Zealand and Goodman Property Services' current Shareholder Yield % of 13.71% is 3016% above median its 10-year median of 0.44. The REITs industry median Shareholder Yield % is 5.01. Goodman New Zealand and Goodman Property Services' value of 13.71% is 173.9% above this industry median. Based on the distribution chart, Goodman New Zealand and Goodman Property Services ranks #178 out of 868 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Goodman New Zealand and Goodman Property Services has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodman New Zealand and Goodman Property Services' Shareholder Yield % compare to PLD and PSA?
According to the REITs industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #178 out of 868 companies for Shareholder Yield %. This places Goodman New Zealand and Goodman Property Services in the top 21% of its industry — outperforming the majority of peers. The industry median Shareholder Yield % is 5.01. Goodman New Zealand and Goodman Property Services' value of 13.71% is 173.9% above this benchmark. While the company's 10-year median is 0.44 vs. the industry median of 5.01, Goodman New Zealand and Goodman Property Services 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 Shareholder Yield % for a REITs company?
The median Shareholder Yield % among REITs companies is 5.01, based on 868 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Goodman New Zealand and Goodman Property Services's current Shareholder Yield % of 13.71% is 173.9% 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 Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Goodman New Zealand and Goodman Property Services and its competitors. For the REITs industry, the median Shareholder Yield % is 5.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodman New Zealand and Goodman Property Services's current Shareholder Yield % is 13.71%, which is 3016% above median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman New Zealand and Goodman Property Services stock overvalued right now?
Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services (NZSE:GNZ) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$1.52, compared to a current price of NZ$2.00 — trading 31.6% above its estimated fair value. The current Shareholder Yield % is 13.71%, which is 3016% above median its 10-year median of 0.44 and 173.9% above the REITs industry median of 5.01. Goodman New Zealand and Goodman Property Services' overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Goodman New Zealand and Goodman Property Services (NZSE:GNZ), the current Shareholder Yield % is 13.71% as of Sep. 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 Goodman New Zealand and Goodman Property Services (NZSE:GNZ) Overvalued in 2026?

Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services stock appears to be overvalued. The current stock price of NZ$2.00 is trading 31.6% above its estimated GF Value™ of NZ$1.52. GuruFocus considers Goodman New Zealand and Goodman Property Services to be Significantly Overvalued.

Key valuation signals for NZSE:GNZ:

  • Shareholder Yield %: 13.71% (3016% above median its 10-year median of 0.44)
  • GF Value™: NZ$1.52 vs. price of NZ$2.00 (31.6% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 173.9% above the REITs median (#178 of 868)

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


Goodman New Zealand and Goodman Property Services Business Description

Industry Real EstateREITs
Other Exchanges NJK:Germany
Address 18 Viaduct Harbour Avenue, Victoria Street West, PO Box 90940, Level 2, KPMG Centre, Auckland, NSW, AUS, 1142
Goodman New Zealand Ltd and Goodman Property Services Ltd, formerly known as Goodman Property Trust, is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.
79GF Score

Get the complete analysis for NZSE:GNZ

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

NZ$2.00
Price
NZ$1.52
GF Value