Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) Total Operating Expense: NZ$189.8 Mil (TTM As of Dec. 2025)

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NZSE:PCT Precinct Properties NZ Ltd & Precinct Properties Investments Ltd NZSE:PCT
49 GF Score
Price NZ$1.05
GF Value NZ$0.93
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Precinct Properties NZ & Precinct Properties Investments Total Operating Expense?

Precinct Properties NZ & Precinct Properties Investments NZSE:PCT 49 Total Operating Expense is NZ$189.8 Mil as of Dec. 2025. GuruFocus rates NZSE:PCT with a GF Score™ of 49/100 and a GF Value™ of NZ$0.93 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Precinct Properties NZ & Precinct Properties Investments's Total Operating Expense for the six months ended in Dec. 2025 was NZ$69.2 Mil. Precinct Properties NZ & Precinct Properties Investments's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$189.8 Mil.

Precinct Properties NZ & Precinct Properties Investments Total Operating Expense Related Terms

Precinct Properties NZ & Precinct Properties Investments Total Operating Expense Historical Data

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The historical data trend for Precinct Properties NZ & Precinct Properties Investments's Total Operating Expense 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 Total Operating Expense Chart

Precinct Properties NZ & Precinct Properties Investments Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 302.90 88.40 98.30 112.00 133.90

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
Total Operating Expense 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 11.20 100.80 13.30 120.60 69.20
NZSE:PCT
49GF Score
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd NZSE:PCT
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Precinct Properties NZ & Precinct Properties Investments Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$189.8 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.

What does a Total Operating Expense of NZ$189.8 Mil mean?
Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) has a Total Operating Expense of NZ$189.8 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Precinct Properties NZ & Precinct Properties Investments and its competitors.
Is Precinct Properties NZ & Precinct Properties Investments' Total Operating Expense too high?
Precinct Properties NZ & Precinct Properties Investments' current Total Operating Expense is NZ$189.8 Mil. Overall, Precinct Properties NZ & Precinct Properties Investments has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precinct Properties NZ & Precinct Properties Investments' Total Operating Expense compare to VICI and WPC?
Precinct Properties NZ & Precinct Properties Investments' Total Operating Expense of NZ$189.8 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a REITs company?
A good Total Operating Expense depends on the REITs industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Precinct Properties NZ & Precinct Properties Investments and its competitors. Precinct Properties NZ & Precinct Properties Investments's current Total Operating Expense is NZ$189.8 Mil. 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 Modestly Overvalued. The stock's GF Value™ is NZ$0.93, compared to a current price of NZ$1.05 — trading 12.9% above its estimated fair value. The current Total Operating Expense is NZ$189.8 Mil. 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT), the current Total Operating Expense is NZ$189.8 Mil 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$1.05 is trading 12.9% above its estimated GF Value™ of NZ$0.93. GuruFocus considers Precinct Properties NZ & Precinct Properties Investments to be Modestly Overvalued.

Key valuation signals for NZSE:PCT:

  • Total Operating Expense: NZ$189.8 Mil
  • GF Value™: NZ$0.93 vs. price of NZ$1.05 (12.9% above fair value)
  • GF Score™: 49/100 with 8 warning signs

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

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$1.05
Price
NZ$0.93
GF Value