Vital Healthcare Property Trust stock sits 23.6 percent below its yearly high

Published on 10/05/2026 at 16:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vital Healthcare Property Trust stock was last at NZD 1.81 on October 5, 2026, with NZD 1.2 billion in market capitalization. Its July 2026 profile lists 99 percent occupancy and a 19-year WALE.

VHP, NZCHPE0001S4, Illustration mit AI erstellt.

Vital Healthcare Property Trust (NZCHPE0001S4) was last at NZD 1.81 on the NZX at 5:00 p.m. NZDT on October 5, 2026, 23.6 percent below its 52-week high of NZD 2.37. The listing, ticker and ISIN are identified by Global Banking & Finance Review as NZX:VHP and NZCHPE0001S4.

The yearly range sets the tone

The latest price was NZD 0.01 above the prior close of NZD 1.80, equal to a 0.56 percent daily gain. Trading volume reached 212,749 shares on October 5, 2026, while the NZD 1.75 to NZD 2.37 52-week range places the unit NZD 0.06 above its yearly low.

Vital Healthcare Property Trust had a market capitalization of NZD 1.2 billion on October 5, 2026. The combination of a small daily gain and a 23.6 percent gap to the yearly high leaves the stock positioned closer to the lower end of its annual range than to its peak.

Long leases define the portfolio

Vital's property mix separates it from office-heavy listed property trusts. A July 2026 comparison by ValueHub lists hospitals, specialist medical facilities and healthcare centers across New Zealand and Australia, with 99 percent occupancy and a 19-year weighted average lease expiry.

That operating profile gives the trust a different risk mix from landlords whose income depends mainly on office demand. The same July 2026 comparison lists Vital at 34 percent gearing, making leverage a central valuation factor alongside occupancy and lease duration.

Discount remains part of the case

ValueHub's July 2026 table places the stock at NZD 1.90 against net tangible assets of NZD 2.34, a 19 percent discount, and lists a 5.64 percent gross yield. Those figures describe the valuation framework around the trust, while the October 5 price of NZD 1.81 shows that the market level moved below the comparison price.

For investors assessing the stock, the key contrast is clear: the portfolio profile offers 99 percent occupancy and 19-year leases, while the market price remains below reported asset backing. The current NZD 1.2 billion market capitalization and the 52-week range give that contrast a measurable scale.

Stock stays below the yearly high

Vital Healthcare Property Trust was last at NZD 1.81 on the NZX on October 5, 2026, with a 0.56 percent daily gain and a 23.6 percent gap to the NZD 2.37 52-week high.