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NZL · NZX

New Zealand Rural Land Company (NZL)

Property / Rural land•Covered: HY22•1 published briefing

New Zealand Rural Land Company is an NZX-listed property / rural land company with HY22 of published result briefings.

Latest briefing

HY22 · Released 22 February 2022

NZL deploys cash shell: $61.5m capex funded by $88.5m of new debt

HY21 was pre-operational so the headline growth rates are not informative; the real read is a leveraged rural land portfolio at $1.35 NTA per share.

Market data

As at close
Close price
NZD 0.95
Market cap
$139.2m
Dividend yield
6.6%

as at close, 15 June 2026. Source: yfinance.

Sections⌄
  1. Snapshot
  2. Valuation
  3. Chat
  4. Longitudinal View
  5. Follow-through
  6. Archive
  7. Related Insights
  1. Snapshot
  2. Valuation
  3. Chat
  4. Longitudinal View
  5. Follow-through
  6. Archive
  7. Related Insights

Snapshot

Latest metrics

HY22, released 22 February 2022

← Swipe to view more
NZL latest metrics
MetricValueChange
Revenue$4.3m—
NPAT$3.2m—
Operating cash flow$2.9m—
Net debt$86.1m—
ROE %2.4%—
DPS2.0c—
Payout ratio vs NPAT %56.6%—
PBT$3.5m—
FCF pre-lease-$58.6m—
Debtor days13—

Source: latest published briefing (HY22, released 22 February 2022). Change compares against the prior equivalent period: not available for this company.

Valuation

Valuation

A compact read on what the market price implies next to the latest filing data. The numbers are a starting point for comparison, not a recommendation.

Prices as at close, 15 June 2026

Price and market cap

The latest close and share count context for the market price.

Market cap

$139.2m

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End-of-day close multiplied by current shares on issue.

Profitability multiples

How the market price compares with recent earnings and cash-flow inputs.

P/E

Not available

i

Not available for this company right now.

EPS

Not available

i

Not available for this company right now.

PEG

Not available

i

Not available for this company right now.

EV/EBITDA

Not available

i

Not available for this company right now.

P/FCF

Not available

i

Not available for this company right now.

P/B

1.06x

i

Market value compared with latest reported equity.

Income and fund shape

Yield and fund-style valuation where the company shape supports it.

Dividend yield

6.6%

i

Trailing dividends compared with the latest close.

Total return

Not available

i

Available once dividend and adjustment data are verified.

Price history

Daily closes use the full available width, with hover and touch readouts against real observations. Expand opens the chart at reading size.

Share price

Five years of daily closes, as at close, 5 June 2026. Weekends, suspensions, and listing gaps stay as natural gaps in the time scale.

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Chat

Ask about NZL

Ask follow-up questions about New Zealand Rural Land Company's latest result and company history.

Informational only. No buy, sell, hold, price-target, or personal financial advice.

Ask about NZL

Informational only. No buy, sell, hold, price-target, or personal financial advice.

Sign in to chat

Sign in to ask company questions.

What changed in the latest result?What is unusual in the historical context?How has cash conversion changed over time?Compare this company with CNU.

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Longitudinal view

Performance over time

The latest period is shown first.

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NZL metric history
MetricHY226 MONTHS22 February 2022Trend
Revenue$4.3m
—
Revenue growth %n/m
—
PBT$3.5m
—
NPAT$3.2m
—
Operating cash flow$2.9m
—
FCF pre-lease-$58.6m
—
DPS2.0c
—
Payout ratio vs NPAT %56.6%
—
ROE %2.4%
—
Net debt$86.1m
—
Debtor days13
—
Total assets$221.4m
—

Reference: annolyse.ai/companies/nzl

Filing-only history charts

These charts use verified published filing periods only. Gaps are not interpolated, and mixed half-year/full-year histories are split into separate series.

Revenue

Reported revenue across covered periods.

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NPAT

Statutory profit after tax.

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Operating cash flow

Cash generated from operations.

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FCF pre-lease

Operating cash flow less capex before leases.

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ROE

Return on equity.

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Net debt

Borrowings less cash; negative values indicate net cash.

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Full chartable metric set

Additional verified filing metrics for this company. Each point links back to a published briefing period in the source data contract.

DPS

Dividend per share declared for the period.

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Payout ratio

Dividend payout against statutory NPAT.

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Debtor days

Receivables days where the working-capital inputs are source-backed.

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The setup & the reality

HY22 Follow-through

This section starts once there are at least two briefings for the company, so the latest result can be checked against what the previous briefing said to watch.

Expectations tracker

Once a second briefing exists for this company, this section will compare the latest result with what the previous briefing said to watch.

Archive

Briefing archive

Every published Annolyse briefing for this company appears here in reverse chronological order.

HY22 · Released 22 February 2022

NZL deploys cash shell: $61.5m capex funded by $88.5m of new debt

HY21 was pre-operational so the headline growth rates are not informative; the real read is a leveraged rural land portfolio at $1.35 NTA per share.

Read briefing→

Related insights

Compare this company

The latest NZL metrics also appear in these cross-company views.

Insight

Earnings quality and statutory distortions

This result includes a statutory earnings-quality distortion flag.

Open insight→

Insight

Dividend coverage and payout pressure

Dividend payout versus NPAT is 56.6%.

Open insight→

Insight

ROE and capital efficiency

ROE was 2.4%, +2.7pp versus the prior comparable period.

Open insight→

Insight

Working-capital pressure

Debtor days were 13 days for this result.

Open insight→

Get notified when NZL publishes

Get the next New Zealand Rural Land Company result briefing and five-year history updates by email.