Millennium & Copthorne Hotels New Zealand Limited Share Price and Company Fundamentals
Last traded: 02/09/2023
Millennium & Copthorne Hotels New Zealand Limited owns, operates, manages, leases, and franchises hotels in New Zealand and Australia. It is also involved in the ownership of residential apartments; investment and development properties. 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
-
PB ratio
-
Dividend yield
1.38%
Beta
0.75
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Lodging / Consumer Cyclical |
|---|---|
| Full time employees | 873 |
| Website | https://www.millenniumhotels.com |
| Mailing address | 280 Queen Street Level 13 Auckland 1010 New Zealand |
| Phone / Fax | 64 9 353 5010 / 64 9 309 3244 |
Dividends
Dividend yield
1.38%
Dividend amount
$0.03
Payout ratio
Millennium & Copthorne Hotels New Zealand Limited paid $0.03 dividend and the ex-dividend date was 04 May 2023.The dividend payout ratio is . The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.
MCKPA's forward dividend amount is $0.03 and the forward dividend yield is 1.38%. 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 Apr 2023, following are the company executives and directors listed on Millennium & Copthorne Hotels New Zealand Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Boon Pua | VP of Fin. | ||
| Mr. Ken Orr | VP of Operations | ||
| Mr. Takeshi Ito | VP Legal & Company Sec. | ||
| Mr. Brendan Davies | Director International & Corp. Sales | ||
| Kim-Marie Rixson | VP of HR | ||
| Josie Wilson | Director of Revenue & Distribution |
Profitability and management effectiveness
Profit margin
15.06%
Operating margin
29.99%
Return on assets
3.89%
Return on equity
5.14%
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 MCKPA's stocks Beta value is 0.75 making it 25% 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:MCKPA) 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 "MCKPA".
2. What is Millennium & Copthorne Hotels New Zealand Limited's stock price today?
One share of MCKPA stock can currently be purchased for approximately $2.17.
3. How can I contact Millennium & Copthorne Hotels New Zealand Limited?
Millennium & Copthorne Hotels New Zealand Limited's mailing address is 280 Queen Street Level 13 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.