Millennium & Copthorne Hotels New Zealand Limited Share Price and Company Fundamentals
Last traded: Yesterday at 4:26 AM
Millennium & Copthorne Hotels New Zealand Limited owns, operates, manages, leases, and franchises hotels in New Zealand and Australia. It is involved in the development and sale of residential land sections and residential apartments, as well as the leasing of investment properties, such as retail shops and industrial warehouses. The company was incorporated in 1985 and is headquartered in Auckland, New Zealand. Millennium & Copthorne Hotels New Zealand Limited is a subsidiary of CDL Hotels Holdings New Zealand Limited.
Key Metrics
PE ratio
13.99
PB ratio
0.37
Dividend yield
1.55%
Beta
0.72
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Lodging / Consumer Cyclical |
|---|---|
| Website | https://www.millenniumhotels.com |
| Mailing address | 23 Customs Street East Level 7 Auckland 1010 New Zealand |
| Phone / Fax | 64 9 353 5010 / 64 9 309 3244 |
Dividends
Dividend yield
1.55%
Dividend amount
$0.03
Payout ratio
21.98%
5Y Avg. yield
2.38%
Millennium & Copthorne Hotels New Zealand Limited paid $0.03 dividend and the ex-dividend date was 09 May 2024.The dividend payout ratio is 21.98%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MCK dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
MCK's forward dividend amount is $0.03 and the forward dividend yield is 1.57%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2024, following are the company executives and directors listed on Millennium & Copthorne Hotels New Zealand Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Boon Pua | Vice President of Finance | ||
| Mr. Ken Orr | Vice President of Operations | ||
| Mr. Takeshi Ito | Vice President Legal & Company Secretary | ||
| Mr. Brendan Davies | Director International & Corporate Sales | ||
| Kim-Marie Rixson | Vice President of Human Resources | ||
| Josie Wilson | Director of Revenue & Distribution |
Profitability and management effectiveness
Profit margin
14.83%
Operating margin
26.92%
Return on assets
2.73%
Return on equity
4.13%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Millennium & Copthorne Hotels New Zealand Limited is and its enterprise value is .
The MCK's stocks Beta value is 0.72 making it 28% less volatile compared to NZX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Millennium & Copthorne Hotels New Zealand Limited (NZX:MCK) Frequently Asked Questions
1. What is Millennium & Copthorne Hotels New Zealand Limited's Stock Symbol?
Millennium & Copthorne Hotels New Zealand Limited trades on NZX under the ticker symbol "MCK".
2. What is Millennium & Copthorne Hotels New Zealand Limited's stock price today?
One share of MCK stock can currently be purchased for approximately $1.91.
3. How can I contact Millennium & Copthorne Hotels New Zealand Limited?
Millennium & Copthorne Hotels New Zealand Limited's mailing address is 23 Customs Street East Level 7 Auckland 1010 New Zealand. The company can be reached via phone at 64 9 353 5010.
4. What is Millennium & Copthorne Hotels New Zealand Limited's official website?
The official website of Millennium & Copthorne Hotels New Zealand Limited is https://www.millenniumhotels.com.