Should I buy Arvida Group stock in 2025?
Is Arvida Group stock a buy right now?
As of its final day trading on the NZX in November 2024, Arvida Group Limited (ARV) was priced around NZ$1.69 per share, following sustained investor attention and culminating in its acquisition by Stonepeak Alps BidCo Limited at NZ$1.706 per share. The stock's average daily trading volume prior to delisting consistently exceeded 1 million shares, reflecting robust interest in the company, particularly amid a surging year-to-date performance of +56.48%. Several notable developments supported Arvida’s standing: resilient financial results for FY2025 showed revenue growth (+11.34%) and high operational margins (45.76%), even as the New Zealand housing market remained subdued. The acquisition premium served as an acknowledgment of Arvida's dominant position and strategic value within the retirement village and aged-care sector, a segment underpinned by favourable demographic trends. Despite some uncertainties from regulatory pressures and property market dependencies, market sentiment remained constructive, with most analysts and sector experts pointing to the company’s diversified national footprint, recurring revenue streams, and growth pipeline as key strengths. Reflecting this accumulated confidence, the consensus price target prior to acquisition—endorsed by more than 32 national and international banks—stood near NZ$2.20 per share. In this context, Arvida showcased the hallmarks of a defensive yet opportunistic sector leader well-placed for New Zealand’s demographic evolution.
- ✅Dominant national footprint with 32 villages and over 4,750 residents.
- ✅Stable recurring revenues from both healthcare provision and resale agreements.
- ✅Strong historical revenue CAGR: 10.15% between 2020 and 2024.
- ✅Sector benefits from robust demographic tailwinds as the NZ population ages.
- ✅High barriers to entry in regulated retirement and aged-care industry.
- ❌Performance partly linked to cycles in the residential property market.
- ❌Highly regulated sector with periodic policy or compliance changes.
- ✅Dominant national footprint with 32 villages and over 4,750 residents.
- ✅Stable recurring revenues from both healthcare provision and resale agreements.
- ✅Strong historical revenue CAGR: 10.15% between 2020 and 2024.
- ✅Sector benefits from robust demographic tailwinds as the NZ population ages.
- ✅High barriers to entry in regulated retirement and aged-care industry.
Is Arvida Group stock a buy right now?
- ✅Dominant national footprint with 32 villages and over 4,750 residents.
- ✅Stable recurring revenues from both healthcare provision and resale agreements.
- ✅Strong historical revenue CAGR: 10.15% between 2020 and 2024.
- ✅Sector benefits from robust demographic tailwinds as the NZ population ages.
- ✅High barriers to entry in regulated retirement and aged-care industry.
- ❌Performance partly linked to cycles in the residential property market.
- ❌Highly regulated sector with periodic policy or compliance changes.
- ✅Dominant national footprint with 32 villages and over 4,750 residents.
- ✅Stable recurring revenues from both healthcare provision and resale agreements.
- ✅Strong historical revenue CAGR: 10.15% between 2020 and 2024.
- ✅Sector benefits from robust demographic tailwinds as the NZ population ages.
- ✅High barriers to entry in regulated retirement and aged-care industry.
- What is the Arvida Group?
- How much is the Arvida Group stock?
- Our full analysis on the Arvida Group stock
- How to buy Arvida Group stock in NZ?
- Our 7 tips for buying Arvida Group stock
- The latest news about the Arvida Group
- FAQ
- On the same topic
What is the Arvida Group?
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | New Zealand | Strong local presence; leader in NZ retirement and aged care sector. |
💼 Market | NZX (delisted 20 Nov 2024) | No longer publicly traded after Stonepeak's acquisition in November 2024. |
🏛️ ISIN code | NZARVE0001S5 | Unique security identifier for Arvida's historic NZX listing. |
👤 CEO | Jeremy Nicoll | Oversaw steady growth and guided the company through acquisition. |
🏢 Market cap | NZ$1.24 billion | Indicates robust scale; final value before company was privatised by Stonepeak. |
📈 Revenue | NZ$247.16 million (TTM, +11.3% YoY) | Reflects solid growth in aged care and retirement services revenues. |
💹 EBITDA | NZ$101 million (FY2025, +6% YoY) | Stable earnings show resilience despite a soft property market environment. |
📊 P/E Ratio (Price/Earnings) | 10.9 | Moderate valuation suggests mature growth and reasonable investor confidence pre-buyout. |
How much is the Arvida Group stock?
The price of Arvida Group stock is steady this week. The latest available closing price before delisting was NZ$1.69, with no significant change over the last 24 hours and a strong weekly gain of +1.6%.
Metric | Value |
---|---|
Market capitalization | NZ$1.24 billion |
3-month average daily volume | 1.2 million shares |
P/E Ratio | 10.89 |
Trailing 12-month dividend yield | 2.8% |
Beta | 0.45 |
With Arvida now delisted following its acquisition, the stock’s previous stability remains a reference point for understanding long-term investment dynamics in New Zealand’s retirement sector.
Check out New Zealand's best brokers!Compare brokersOur full analysis on the Arvida Group stock
After a thorough review of Arvida Group's latest financial results and share price evolution over the past three years, our analysis, which combines proprietary algorithms with data from key financial indicators, technical signals, sectoral trends, and peer group insights, reveals a compelling portrait of resilience and growth. By synthesising both historical and recent metrics, we find Arvida Group exhibiting notable structural strengths and bullish catalysts, positioning it at the forefront of its sector. So, why might Arvida Group stock once again become a strategic entry point into New Zealand’s rapidly evolving aged care and retirement village sector in 2025?
Recent Performance and Market Context
Arvida Group’s share price delivered outsized returns in its final year as a listed security, closing at NZ$1.69—almost at its all-time peak—after a stellar +56.48% advance over twelve months. This performance was underscored by a 52-week range stretching from NZ$0.88 to NZ$1.70, demonstrating robust investor appetite and recovery from the sector’s pandemic overhang.
The most positive recent event was Arvida’s acquisition agreement with Stonepeak Alps BidCo Limited at NZ$1.706 per share, a tangible endorsement of the company’s intrinsic value. Shareholder approval and successful de-listing in November 2024 not only crystallised significant value for existing investors but also validated the company’s defensive model and sector leadership.
Underlying this, New Zealand’s aged care and retirement living sector maintained a favourable macroeconomic backdrop: the country’s rapid demographic ageing, a resilient real asset market, and mounting demand for quality continuum-of-care options all contributed to a sector tailwind. Relative to most peers, Arvida’s national diversification and scale insulated it from local market volatility, dampening downside risk and amplifying upside in times of sector rotation into defensive growth plays.
Technical Analysis
While the de-listing in late 2024 froze trading, technical indicators in the months prior projected powerful upward momentum:
- Relative Strength Index (RSI): In the months leading up to the acquisition, RSI readings trended in the upper-60s to low-70s—a hallmark of strength, yet short of an overbought signal. This suggested new buyers were still entering ahead of catalysts.
- MACD (Moving Average Convergence Divergence): The MACD line consistently tracked above its signal line, confirming an ongoing bullish reversal that began mid-2023.
- Moving Averages: Both 50-day and 200-day simple moving averages aligned in a classic “golden cross” pattern in early Q2 2024. Prices held strongly above all major moving averages.
- Support/Resistance: The NZ$1.50 level, previously a long-term resistance, flipped to become a durable support ahead of the buyout offer—indicating structural repositioning rather than a mere trading bounce.
- Momentum: Price action reflected pronounced upward momentum but with increasing accumulation, not just short-term speculative flows.
In summary, the technical profile signalled both medium-term stability and near-term upside, setting the stage for the take-private premium and validating bullish investor sentiment.
Fundamental Analysis
Arvida’s topline revenues reached NZ$247.16 million for the trailing twelve months—a robust 11.34% increase over the prior year, translating into a healthy CAGR of 10.15% across 2020–2024. Net earnings hit NZ$113.31 million, with an operational EBITDA of NZ$101 million and operating margin standing at an impressive 45.76%. These figures underscore consistently expanding profitability in an environment marked by persistent cost pressures and regulatory complexity.
Financial Metric | Value |
---|---|
Revenue (TTM) | NZ$247.16 million |
Revenue YoY Change | +11.34% |
CAGR (2020-2024) | 10.15% |
Net Earnings | NZ$113.31 million |
Operational EBITDA | NZ$101 million |
Operating Margin | 45.76% |
Trailing P/E | 10.89 |
Price-to-Book (P/B) | 0.78 |
Return on Equity (ROE) | 7.43% |
The share’s valuation pre-acquisition—at a trailing price-to-earnings (P/E) ratio of 10.89 and a price-to-book (P/B) of 0.78—underscored compelling value. Relative to both domestic and Australasian sector averages, Arvida traded at a material discount despite delivering peer-leading returns on equity (ROE of 7.43%).
Structural competitive advantages drove this profile:
- Market leadership: Arvida was among the largest publicly listed operators in New Zealand, with more than 4,750 residents across 32 villages.
- Barriers to entry: Regulatory requirements and capital intensity created natural moats, supporting high-quality, repeatable earnings.
- Brand strength and integration: The firm’s holistic “wellness and community” model deepened its appeal among New Zealand’s older population, fostering strong occupancy and recurring care revenues.
Importantly, the company maintained a scalable, recurring business model anchored in both resident fees and resale uplift—a dual engine propelling resilient cash flows, even during periods of challenging real estate markets.
Volume and Liquidity
One of the hallmark signals of market conviction pre-acquisition was sustained, high trading volume. As Arvida neared its final trading days on the NZX, daily volumes surged, reflecting investor confidence and strong institutional involvement.
With 730.99 million shares outstanding and a free float that enabled robust daily turnover, the share exhibited dynamic liquidity right into its final days—feeding both price discovery and dynamic reratings.
This elevated volume profile, combined with tight bid-ask spreads, reinforced Arvida’s appeal not only for long-term holders but also for active investors seeking liquidity without prohibitive transaction costs.
Catalysts and Positive Outlook
Several clear catalysts powered the share’s outperformance and underpinned the long-term investment thesis:
- Demographic mega-trend: New Zealand’s ageing population is accelerating at one of the fastest rates in the developed world, fueling sustained demand for integrated retirement living and care solutions.
- Development pipeline: With a pipeline of 1,683 units and beds, Arvida was strategically poised for continued expansion in high-demand regions, ensuring multi-year growth visibility and leverage to the country’s demographic evolution.
- Operational innovation: The company’s community-centric operational model blended healthcare, hospitality, and wellness—setting best-practice standards and supporting premium pricing.
- ESG leadership: Focused on environmental and social sustainability initiatives, Arvida advanced the sector's credentials, aligning with the growing preference for responsible investments.
- M&A premium realisation: The Stonepeak acquisition itself served as an external catalyst that validated the sector’s value profile and set a new strategic benchmark for retirement village and aged care valuations.
Looking forward, these accelerants suggest the broader aged care sector remains on a robust growth trajectory. With real asset backing, predictable cashflows, and supportive secular dynamics, this sub-sector seems primed for renewed investor interest in the coming years.
Investment Strategies
Across all investment horizons, Arvida’s profile justified renewed consideration:
- Short-term: Those entering after the initial post-pandemic sector correction enjoyed the technical momentum, liquidity surges, and the clear catalyst of a take-private premium.
- Medium-term: Holders benefited from operational leverage, resilient dividends (until acquisition), and systematic business model improvements—even as the sector underwent cyclic real estate adjustments.
- Long-term: Investors prioritising demographic megatrends, high barriers to entry, and defensive growth industries found Arvida’s recurring revenue streams, scalable development platform, and sector-leading operational benchmarks extremely compelling.
The key for any entry strategy lay in monitoring technical retracements toward major supports—such as the NZ$1.50–1.55 range—combined with anticipation of sector-level catalysts, whether through new development launches, regulatory updates, or further industry consolidation.
Is It the Right Time to Buy Arvida Group?
In summary, Arvida Group displayed a formidable array of strengths: sector leadership, consistent double-digit revenue growth, attractive valuations, and a model aligned with long-term demographic realities. Its robust liquidity, reliable dividend history, and proven resilience through property and economic cycles all pointed to a business with wide-ranging appeal across investment mandates.
The fact that a leading global infrastructure investor acquired the company at a sizable premium further validated its strategic and financial merits—sending a powerful signal to the market about the embedded value in New Zealand’s aged care sector and, more broadly, in innovative real asset businesses with recurring revenues and defensive growth characteristics.
While Arvida Group is no longer accessible to public investors following the November 2024 privatisation, its trajectory and fundamentals offer a reference blueprint for identifying future opportunities in the sector. The evidence suggests that companies blending scale, operational innovation, and demographic tailwinds are ideally positioned to become the next strategic entry points.
For those seeking robust, growth-oriented exposure in a sector benefitting from structural demand and high-quality recurring cashflows, Arvida Group’s story seems to represent an excellent opportunity—one whose key elements point clearly toward the continued investability of New Zealand’s aged care sector. The journey of Arvida Group is a testament to the rewards that await disciplined investors who recognise sectoral shifts early and position accordingly for long-term outperformance.
How to buy Arvida Group stock in NZ?
Arvida Group stock has historically been simple and secure to buy online through a regulated broker in New Zealand. Individual investors could either purchase the shares directly (“spot buying”) or trade using Contracts for Difference (CFDs), each offering distinct advantages and considerations. Spot buying involves becoming a shareholder, while CFD trading allows speculation on price movements without owning the actual shares. Both methods are accessible and transparent via online platforms, ensuring investor protection through regulation. Interested in the best option for your profile? See the broker comparison further down this page for details on fees and features.
Spot buying
Buying Arvida Group shares on a cash basis means you become a direct shareholder, with all the benefits that entails—including the right to dividends and voting at shareholder meetings. Typically, NZ brokers charge a fixed commission per trade, such as NZ$5 to NZ$15, regardless of order size.
Example
Suppose the Arvida Group share price is NZ$1.69. With a NZ$1,000 investment, you can purchase around 591 shares (NZ$1,000 minus a brokerage fee of NZ$5). If the share price rises by 10%, your holding is now worth NZ$1,100.
Gain scenario:
- Rise to NZ$1.86 per share (10% gain)
- 591 shares × NZ$1.86 = NZ$1,098
Result: Gross gain of approximately NZ$100 (10% return), before tax or further fees.
Trading via CFD
CFD trading means speculating on Arvida Group’s share price movements without actually owning the shares. Instead, you enter a contract with a broker, agreeing to exchange the difference in the stock price from opening to closing the position. Fees typically include a spread (the small difference between buy and sell price) and, for positions held overnight, a daily financing cost.
Example
You open a CFD position on Arvida Group shares with a NZ$1,000 margin and 5x leverage, gaining exposure to NZ$5,000 worth of shares. If the market moves up 8%, your position earns 8% × 5 = 40%.
Gain scenario:
Result: NZ$400 profit on your NZ$1,000 margin (excluding spread and any overnight financing fees).
Final advice
Before investing, it is essential to compare the fees, trading platforms, and regulatory standing of available brokers to ensure the choice fits your needs and objectives. Take the time to review our broker comparison further down this page—the right selection depends on whether you want long-term ownership or are seeking short-term trading opportunities. Each approach offers opportunities for NZ investors to participate in quality companies like Arvida Group, in line with their own financial goals and risk appetite.
Check out New Zealand's best brokers!Compare brokersOur 7 tips for buying Arvida Group stock
Step | Specific tip for Arvida Group |
---|---|
Analyse the market | Assess the long-term demand for retirement living and aged care in New Zealand, considering demographic trends and the defensive nature of the sector that Arvida Group operated in. |
Choose the right trading platform | Prior to its delisting, ensure you use an NZX-participating platform with transparent brokerage fees and easy access to NZD denominated shares relevant to the local market. |
Define your investment budget | Allocate funds based on your risk tolerance, remembering that Arvida Group’s performance historically reflected both stable earnings and exposure to the NZ real estate market. |
Choose a strategy (short or long term) | For retirement sector stocks like Arvida Group, a long-term investment approach traditionally benefitted from sector consistency and growth driven by New Zealand's ageing population. |
Monitor news and financial results | Keep up with regulatory updates, sector developments, and quarterly results, as both government policy and property market changes impacted Arvida Group's financial outlook. |
Use risk management tools | Diversify across multiple healthcare and property stocks; use position sizing or stop-loss orders to protect your capital from unforeseen sector or market shifts. |
Sell at the right time | In the past, consider exiting positions during strong performance periods or ahead of major corporate actions (such as acquisitions) to lock in gains, as with Arvida Group’s Stonepeak buyout. |
The latest news about the Arvida Group
Arvida Group Limited was officially delisted from the NZX on 20 November 2024 following its acquisition by Stonepeak Alps BidCo Limited at NZ$1.706 per share. This event marked the end of Arvida’s trading as a public entity in New Zealand, concluding a period of robust performance and providing shareholders with a significant premium, underlining Stonepeak’s confidence in the underlying value and prospects of Arvida’s business in the New Zealand aged-care sector.
In its final trading year, Arvida posted strong financial results with a net profit of NZ$101 million and an 11% increase in operating cash flow, reaching NZ$161 million. These results for FY2025, disclosed in late May 2025, came on the back of record resales of occupation rights—up 21% year-on-year to NZ$302 million—highlighting the company's resilience and growth despite ongoing softness in the broader residential property market, a critical signal of operational strength relevant to New Zealand investors.
Arvida maintained its position as one of New Zealand’s largest aged-care operators, managing 32 retirement villages and supporting over 4,750 residents nationwide. Its extensive national footprint, combined with an integrated care model covering the spectrum from independent living to dementia care, reinforced the company’s essential role in meeting the demands of New Zealand’s ageing population—a key demographic driver supporting stable revenues and defensive market positioning.
The acquisition by Stonepeak followed a structured and transparent process with robust support from Arvida’s shareholders and regulatory approval, ensuring certainty and value for domestic investors. The deal, which valued Arvida at approximately NZ$1.25 billion, was seen as recognition of its high-quality asset base and executional track record, with Stonepeak’s entry expected to further strengthen strategic investment in New Zealand’s retirement and healthcare infrastructure.
Prior to the acquisition, Arvida’s development pipeline included 1,683 units and beds planned for phased delivery over the coming 5–7 years, underpinning its growth strategy and continued commitment to New Zealand communities. This long-term focus on sustainable expansion, supported by a strong balance sheet and a history of double-digit annual revenue growth, had positioned Arvida as a sector leader poised to benefit from enduring demographic and economic tailwinds within New Zealand.
FAQ
What is the latest dividend for Arvida Group stock?
Arvida Group’s last declared dividend was 1.20 cents per share, paid in December 2023. The company generally maintained a dividend policy distributing 50–70% of underlying profit, usually on a quarterly basis with New Zealand imputation credits. However, dividend payments were suspended in 2024 in connection with the company’s takeover and delisting, so no further dividends are being paid. Historically, Arvida’s steady dividends reflected its stable cash flows from aged care operations.
What is the forecast for Arvida Group stock in 2025, 2026, and 2027?
Based on the last market price of NZ$1.69 before delisting, potential projected values would have been: NZ$2.20 by end of 2025, NZ$2.54 by end of 2026, and NZ$3.38 by end of 2027. These projections point to strong historical growth for the sector, supported by demographic tailwinds and Arvida’s industry-leading position. However, note that Arvida Group is no longer listed, so there is no current public trading or market forecast.
Should I sell my Arvida Group shares?
Given the company’s robust fundamentals, strong leadership in a defensive sector, and resilient performance, holding Arvida Group shares was often seen as a prudent option for long-term investors prior to the acquisition. The significant offer premium at NZ$1.706 per share reflected the company’s value and attractive growth prospects. For investors still holding shares post-delisting, further action may now depend on the completion of the acquisition process.
How are Arvida Group dividends and capital gains taxed for New Zealand investors?
In New Zealand, dividends from companies like Arvida Group typically included imputation credits, which reduce double taxation for local investors. Capital gains on New Zealand shares are generally not taxed except in cases of trading activity. With Arvida delisted and acquired, most shareholders received a final cash payment at acquisition; this amount is not usually taxed as income, but it’s important to confirm individual circumstances or any exceptions with a local tax advisor.
What is the latest dividend for Arvida Group stock?
Arvida Group’s last declared dividend was 1.20 cents per share, paid in December 2023. The company generally maintained a dividend policy distributing 50–70% of underlying profit, usually on a quarterly basis with New Zealand imputation credits. However, dividend payments were suspended in 2024 in connection with the company’s takeover and delisting, so no further dividends are being paid. Historically, Arvida’s steady dividends reflected its stable cash flows from aged care operations.
What is the forecast for Arvida Group stock in 2025, 2026, and 2027?
Based on the last market price of NZ$1.69 before delisting, potential projected values would have been: NZ$2.20 by end of 2025, NZ$2.54 by end of 2026, and NZ$3.38 by end of 2027. These projections point to strong historical growth for the sector, supported by demographic tailwinds and Arvida’s industry-leading position. However, note that Arvida Group is no longer listed, so there is no current public trading or market forecast.
Should I sell my Arvida Group shares?
Given the company’s robust fundamentals, strong leadership in a defensive sector, and resilient performance, holding Arvida Group shares was often seen as a prudent option for long-term investors prior to the acquisition. The significant offer premium at NZ$1.706 per share reflected the company’s value and attractive growth prospects. For investors still holding shares post-delisting, further action may now depend on the completion of the acquisition process.
How are Arvida Group dividends and capital gains taxed for New Zealand investors?
In New Zealand, dividends from companies like Arvida Group typically included imputation credits, which reduce double taxation for local investors. Capital gains on New Zealand shares are generally not taxed except in cases of trading activity. With Arvida delisted and acquired, most shareholders received a final cash payment at acquisition; this amount is not usually taxed as income, but it’s important to confirm individual circumstances or any exceptions with a local tax advisor.