Napier Port Holdings Limited Ordinary Shares

NPH.NZX

Industrials

Napier Port has been serving Hawke's Bay and surrounding regions for nearly 150 years. As the fourth largest port in New Zealand, by container volumes, Napier Port helps to build a thriving region by connecting customers and the community to global markets. Napier Port offers a range of container, bulk cargo and cruise vessel services. In FY2018, the port managed the arrival and departure of over 680 ships, handled over five million tonnes of cargo and more than 100,000 cruise passengers.

Market Data

Price

$3.650

+0.0%
Market Cap

$728.5M

P/E Ratio

25.4x

EPS

$0.144

Div. Yield

5.04%

52-Week Change

+0.1%

Latest Earnings

2026 Half Year Results

20 May 2026

Revenue
$84.90
+8.8% YoY
NPAT
$17.90
+21.5% YoY
EPS
$0.09
Dividend
$0.05

Napier Port delivered strong underlying earnings growth for the half year to 31 March 2026, with revenue rising 8.8% to $84.9M and underlying NPAT up 21.5% to $17.9M, driven by a 16.7% surge in container services revenue and improved yield management. Reported NPAT declined 10.8% to $18.0M due to the prior period including $7.5M (pre-tax) from the final Cyclone Gabrielle insurance settlement. The company reaffirmed its FY2026 full-year guidance for underlying result from operating activities of $70M–$74M and declared a 31% increased interim dividend of 5.25 cents per share. Key points: Container services revenue surged 16.7% to $49.9M, driven by a 3.5% increase in TEU volumes to 116,000 and a 12.8% increase in average revenue per TEU to $430; Underlying NPAT increased 21.5% to $17.9M, demonstrating strong positive operating leverage with result from operating activities margin expanding to 43.9% from 42.5%; Interim dividend increased 31% to 5.25 cents per share (fully imputed/franked) reflecting confidence in earnings trajectory

Recent Announcements

3 Jun 2026 Neutral

Napier Port completes share buyback programme

Napier Port Holdings Limited has completed its on-market share buyback programme, acquiring 312,000 ordinary shares in May 2026 to be held as treasury stock for employee share ownership plans. Following the buyback, the total shares on issue are now 199,598,312.

3 Jun 2026 Neutral

Notice of On-Market Share Buyback

Napier Port Holdings Limited acquired 202,162 ordinary shares on-market at NZ$3.7201 per share on 2 June 2026 as part of its board-approved buyback programme, representing 0.1012% of the total class. The shares will be held as treasury stock.

29 May 2026 Neutral

Notice of On-Market Share Buyback

Napier Port Holdings Limited acquired 9,000 ordinary shares on-market at NZ$3.7144 per share on 28 May 2026 as part of its Board-approved share buyback programme announced on 20 May 2026, representing 0.0045% of the total class. The shares will be held as treasury stock.

28 May 2026 Neutral

Notice of On-Market Share Buyback

Napier Port Holdings Limited acquired 1,064 ordinary shares on 27 May 2026 at NZ$3.62 per share (0.0005% of total class) under its Board-approved on-market share buyback programme announced on 20 May 2026; the shares will be held as treasury stock.

27 May 2026 Neutral

Notice of On-Market Share Buyback

Napier Port Holdings Limited acquired 2,000 ordinary shares on 26 May 2026 at NZ$3.6128 per share under its Board-approved on-market share buyback programme announced on 20 May 2026; the shares will be held as treasury stock.

26 May 2026 Neutral

Notice of On-Market Share Buyback

Napier Port Holdings Limited acquired 97,774 ordinary shares on 25 May 2026 at NZ$3.5992 per share (0.0489% of the total class) under its board-approved on-market share buyback programme announced on 20 May 2026; the shares will be held as treasury stock.

20 May 2026 Neutral

Director Change

Napier Port (NZX.NPH) Independent Director John Harvey has announced he will not seek re-election at the December 2026 Annual Shareholders' Meeting after serving on the board since February 2019, during which time he contributed financial, governance, and listed company expertise through the company's IPO and transition to public listing.

20 May 2026 Neutral

Share Buyback Programme to Commence

Napier Port Holdings Limited has approved an on-market share buyback programme to purchase up to 0.5% of its ordinary shares (approximately 312,000 shares) commencing 25 May 2026 for up to 12 months, with acquired shares to be held as treasury stock for employee share ownership plans.

20 May 2026 Actual Results Positive

2026 Half Year Results

Napier Port delivered strong underlying earnings growth for the half year to 31 March 2026, with revenue rising 8.8% to $84.9M and underlying NPAT up 21.5% to $17.9M, driven by a 16.7% surge in container services revenue and improved yield management. Reported NPAT declined 10.8% to $18.0M due to the prior period including $7.5M (pre-tax) from the final Cyclone Gabrielle insurance settlement. The company reaffirmed its FY2026 full-year guidance for underlying result from operating activities of $70M–$74M and declared a 31% increased interim dividend of 5.25 cents per share. Key points: Container services revenue surged 16.7% to $49.9M, driven by a 3.5% increase in TEU volumes to 116,000 and a 12.8% increase in average revenue per TEU to $430; Underlying NPAT increased 21.5% to $17.9M, demonstrating strong positive operating leverage with result from operating activities margin expanding to 43.9% from 42.5%; Interim dividend increased 31% to 5.25 cents per share (fully imputed/franked) reflecting confidence in earnings trajectory

24 Apr 2026 Date Announcement Neutral

2026 Half Year Results Announcement Date

Napier Port (NZX.NPH) will release its financial results for the half year ended 31 March 2026 on 20 May 2026, followed by a conference call at 11:00am NZT with Chair Blair O'Keeffe, CEO Todd Dawson, and CFO Kristen Lie to discuss the results.

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