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Goodman New Zealand and Goodman Property Services (FRA:NJK) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Goodman New Zealand and Goodman Property Services 5-Year Yield-on-Cost % Related Terms
FRA:NJK vs PLD, PSA, EXR: 5-Year Yield-on-Cost % Comparison
For the REIT - Industrial subindustry, Goodman New Zealand and Goodman Property Services's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs REITs Industry
Goodman New Zealand and Goodman Property Services 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Goodman New Zealand and Goodman Property Services (FRA:NJK) has a 5-Year Yield-on-Cost % of 0.89 as of Aug. 28, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Goodman New Zealand and Goodman Property Services and its competitors. This is 71% below median its historical median of 3.06. Over the past decade, Goodman New Zealand and Goodman Property Services' 5-Year Yield-on-Cost % has ranged from 0.87 to 5.68. According to the industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #751 out of 845 companies in the REITs industry, placing it in the top 88.9%.
Is Goodman New Zealand and Goodman Property Services' 5-Year Yield-on-Cost % too high?
Goodman New Zealand and Goodman Property Services' current 5-Year Yield-on-Cost % of 0.89 is 71% below median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 5.68. The REITs industry median 5-Year Yield-on-Cost % is 7.49. Goodman New Zealand and Goodman Property Services' value of 0.89 is 88.1% below this industry median. Based on the distribution chart, Goodman New Zealand and Goodman Property Services ranks #751 out of 845 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Goodman New Zealand and Goodman Property Services has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Goodman New Zealand and Goodman Property Services' 5-Year Yield-on-Cost % compare to PLD and PSA?
According to the REITs industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #751 out of 845 companies for 5-Year Yield-on-Cost %. This places Goodman New Zealand and Goodman Property Services in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 7.49. Goodman New Zealand and Goodman Property Services' value of 0.89 is 88.1% below this benchmark. Historically, Goodman New Zealand and Goodman Property Services' own 5-Year Yield-on-Cost % has ranged from 0.87 to 5.68 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 7.49, Goodman New Zealand and Goodman Property Services 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 5-Year Yield-on-Cost % for a REITs company?
The median 5-Year Yield-on-Cost % among REITs companies is 7.49, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % of 0.89 is 88.1% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Goodman New Zealand and Goodman Property Services and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.49 — 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 5-Year Yield-on-Cost % is 0.89, which is 71% below median its own 10-year median of 3.06. 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?
Goodman New Zealand and Goodman Property Services (FRA:NJK) has a current 5-Year Yield-on-Cost % of 0.89. The stock's GF Value™ is €0.74, compared to a current price of €0.98 — trading 31.8% above its estimated fair value. The current 5-Year Yield-on-Cost % is 0.89, which is 71% below median its 10-year median of 3.06 and 88.1% below the REITs industry median of 7.49. Goodman New Zealand and Goodman Property Services' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Goodman New Zealand and Goodman Property Services (FRA:NJK), the current 5-Year Yield-on-Cost % is 0.89 as of Aug. 28, 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 Goodman New Zealand and Goodman Property Services (FRA:NJK) Overvalued in 2026?
Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services stock appears to be overvalued.
The current stock price of €0.98 is trading 31.8% above its estimated GF Value™ of €0.74.
Key valuation signals for FRA:NJK:
5-Year Yield-on-Cost %: 0.89 (71% below median its 10-year median of 3.06)
GF Value™: €0.74 vs. price of €0.98 (31.8% above fair value)
Industry Position: 88.1% below the REITs median (#751 of 845)
No single metric tells the full story. See the FRA:NJK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
78GF Score
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5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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