Latest news with #WintonLand
Yahoo
04-07-2025
- Business
- Yahoo
Winton Land Limited's (NZSE:WIN) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?
Most readers would already know that Winton Land's (NZSE:WIN) stock increased by 7.3% over the past three months. However, we decided to study the company's mixed-bag of fundamentals to assess what this could mean for future share prices, as stock prices tend to be aligned with a company's long-term financial performance. Particularly, we will be paying attention to Winton Land's ROE today. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Winton Land is: 0.8% = NZ$4.0m ÷ NZ$518m (Based on the trailing twelve months to December 2024). The 'return' is the profit over the last twelve months. So, this means that for every NZ$1 of its shareholder's investments, the company generates a profit of NZ$0.01. Check out our latest analysis for Winton Land So far, we've learned that ROE is a measure of a company's profitability. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. It is quite clear that Winton Land's ROE is rather low. Not just that, even compared to the industry average of 6.1%, the company's ROE is entirely unremarkable. Therefore, Winton Land's flat earnings over the past five years can possibly be explained by the low ROE amongst other factors. Next, on comparing with the industry net income growth, we found that the industry grew its earnings by 9.9% over the last few years. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. Doing so will help them establish if the stock's future looks promising or ominous. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Winton Land is trading on a high P/E or a low P/E, relative to its industry. While the company did pay out a portion of its dividend in the past, it currently doesn't pay a regular dividend. We infer that the company has been reinvesting all of its profits to grow its business. On the whole, we feel that the performance shown by Winton Land can be open to many interpretations. While the company does have a high rate of reinvestment, the low ROE means that all that reinvestment is not reaping any benefit to its investors, and moreover, its having a negative impact on the earnings growth. Having said that, looking at current analyst estimates, we found that the company's earnings growth rate is expected to see a huge improvement. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
NZ Herald
27-06-2025
- Business
- NZ Herald
High-end Chinese restaurant Billy's to open in restored Ayrburn farmhouse near Arrowtown
A new high-end Chinese restaurant is due to open next Saturday in a restored 1800s farmhouse at the fast-expanding $200 million-plus Central Otago hospitality hub, Ayrburn. Chris Meehan, chief executive of NZX-listed Winton Land, which owns the hub outside Arrowtown, said the family home of William (Billy) and Elizabeth Paterson
Otago Daily Times
14-05-2025
- Business
- Otago Daily Times
$200m film hub plan for Queenstown
The backer of a proposed $200 million Queenstown film studio earmarked for fast-track approval says it will create hundreds of jobs and boost the local economy. The Ayrburn Screen Hub proposed by developer Chris Meehan envisages a film and television production facility on about 26ha of land between Arrowtown and Lake Hayes. Mt Meehan said the application by his company Winton Land was now one step closer after being accepted for government's the fast-track approval process. 'This will be great for Queenstown jobs and it's great for New Zealand's economic growth," he said in a statement. 'The project will increase New Zealand's ability to attract high quality films from around the world, and also means that local film makers will have the best quality facilities available to them at one of the world's most unique and sought after locations.' The hub would be an all-inclusive film studio enabling users to work and stay onsite through filming, production and post-production. It would include studio buildings, office space, dressing rooms, a screening room and meeting space, with 185 room accommodation foe workers which could double as visitor accommodation during quiet periods. During its construction, the project would inject an estimated $280 million into the local economy and support 640 full-time jobs across the wider Otago region, he said. The hub would "underpin approximately 370 jobs locally every year, with flow-on benefits into the wider community and labour market,' he said. 'Diversifying Queenstown's economy is key to its sustainable growth. The screen hub is among the first two non-listed projects to go into the new fast-track approval process. It was referred under the Fast-track Approvals Act 2024 by Minister for Infrastructure Chris Bishop. The Act contains two pathways for projects to enter the government's new one-stop-shop approvals process. "The first pathway, Schedule 2 of the Act — commonly referred to as the fast-track list — contains 149 projects which can apply directly to the Environmental Protection Authority to have an expert panel assess the project, decide whether to consent it, and apply any relevant conditions. "The first three expert panels are already under way and more are expected soon." The second pathway was for project owners, such as the Ayrburn project, to apply to the minister for infrastructure for referral into the fast-track process, Mr Bishop said. "For this pathway, the minister for infrastructure must consult the minister for the environment and any other ministers with relevant portfolios, along with iwi and the relevant local authority, before deciding whether to refer the project." Yesterday, Mr Bishop referred the Ayrburn Screen Hub application into the fast-track process. The other project was Ashbourne, in Matamata, Waikato. "This application is for a residential and retirement development project of 530 new homes and 250 retirement units, along with associated commercial development and infrastructure, and two solar farms with the capacity to power 8000 homes. "These two projects may now move to the next stage in the fast-track process by lodging substantive applications with the EPA, to be considered by expert panels."
NZ Herald
08-05-2025
- Business
- NZ Herald
Winton Land's Northbrook Wānaka: first $60m 32-home stage done, nearly half sold
NZX-listed Winton Land has sold almost half the first 32 new homes at its under-development Northbrook Wānaka retirement village. A spokeswoman said stage one was a $60 million venture where 'almost' half the properties had been sold. In a sign of the value of the
