Operations: Precinct Properties generates revenue primarily from its investment properties, which account for NZ$215.60 million, followed by flexible space and hotel and hospitality segments. The company has seen fluctuations in net income margins, with a notable decline to -0.10% as of December 2024. Operating expenses have been consistently around NZ$20-22 million, while non-operating expenses have varied significantly over time, impacting overall profitability.

PE: -66.4x

Precinct Properties, a small player in Asia's property sector, has caught attention with insider confidence shown through recent share purchases. Their commitment to developing student accommodation for the University of Auckland and forming a strategic partnership with a Singapore-based investor highlights growth ambitions. However, reliance on external borrowing poses financial risks. Despite this, earnings are projected to grow 65% annually, suggesting potential for future value creation amidst these challenges.

• Click here to discover the nuances of Precinct Properties NZ & Precinct Properties Investments with our detailed analytical valuation report.

• Assess Precinct Properties NZ & Precinct Properties Investments' past performance with our detailed historical performance reports.

RFM

Simply Wall St Value Rating: ★★★☆☆☆

Overview: RFM is a company engaged in the consumer and institutional business sectors, with operations including various revenue segments, and it has a market capitalization of ₱18.68 billion.

Operations: The Consumer Business segment is the primary revenue driver, generating ₱16.50 billion, while the Institutional Business contributes ₱5.32 billion. Over recent periods, gross profit margin has shown a varied trend, reaching 35.21% in December 2021 and fluctuating to 33.40% by March 2025. Operating expenses have been significant, with Sales & Marketing consistently being a major component within these costs.

PE: 9.4x

RFM's recent performance highlights its potential as an undervalued player in Asia's market. In the first quarter of 2025, sales rose to PHP 4.5 billion from PHP 4.4 billion last year, with net income jumping to PHP 310 million from PHP 200 million. Despite relying solely on external borrowing for funding, the company demonstrates resilience through consistent earnings growth and a commitment to shareholder returns with two cash dividends totaling PHP 400 million in early 2025.

• Take a closer look at RFM's potential here in our valuation report.

• Learn about RFM's historical performance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NZSE:FRW NZSE:PCT and PSE:RFM.

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