Asset Plus Ratios and Metrics

Market cap in millions NZD. Fiscal year is April - March.

Millions NZD. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 5, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2020 - 2016
Market Capitalization	76	67	82	91	96	123	Upgrade
Market Cap Growth	-10.64%	-17.33%	-10.00%	-5.66%	-22.06%	95.29%	Upgrade
Enterprise Value	66	98	112	134	122	149	Upgrade
Last Close Price	0.21	0.18	0.18	0.20	0.21	0.25	Upgrade
PE Ratio	-	-	-	-	32.79	7.73	Upgrade
PS Ratio	11.24	9.90	15.32	14.22	8.06	8.87	Upgrade
PB Ratio	0.65	0.57	0.58	0.62	0.60	0.76	Upgrade
P/OCF Ratio	36.48	-	188.48	32.99	42.20	24.87	Upgrade
EV/Sales Ratio	9.72	14.37	20.99	20.95	10.23	10.73	Upgrade
EV/EBITDA Ratio	18.22	29.96	57.39	83.09	-	18.02	Upgrade
EV/EBIT Ratio	18.52	30.48	58.87	87.50	20.27	18.16	Upgrade
Debt / Equity Ratio	-	-	0.23	0.49	0.35	0.06	Upgrade
Debt / EBITDA Ratio	-	-	16.92	44.38	-	1.14	Upgrade
Asset Turnover	0.04	0.04	0.03	0.03	0.06	0.09	Upgrade
Quick Ratio	12.78	16.62	0.08	0.45	0.87	0.77	Upgrade
Current Ratio	13.21	16.74	1.51	9.54	6.04	6.89	Upgrade
Return on Equity (ROE)	-4.91%	-4.41%	-3.68%	-8.53%	1.82%	12.55%	Upgrade
Return on Assets (ROA)	1.44%	1.30%	0.57%	0.42%	1.86%	3.17%	Upgrade
Return on Capital (ROIC)	1.51%	1.38%	0.61%	0.44%	1.94%	3.28%	Upgrade
Earnings Yield	-8.42%	-8.44%	-6.49%	-14.39%	3.05%	12.93%	Upgrade
Dividend Yield	3.81%	1.11%	-	-	5.42%	7.14%	Upgrade
Payout Ratio	-	-	-	-	195.80%	25.20%	Upgrade
Buyback Yield / Dilution	-	-	-	-	-36.52%	-64.08%	Upgrade
Total Shareholder Return	3.81%	1.11%	-	-	-31.11%	-56.94%	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.