NZX (NZSTF) Beginning Cash Position: $30.09 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NZSTF NZX Ltd NZSTF
54 GF Score
Price $0.87
GF Value $0.99
Valuation Modestly Undervalued
! 4 Warning Signs
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What is NZX Beginning Cash Position?

NZX NZSTF 54 Beginning Cash Position is $30.09 Mil as of Jun. 2026. GuruFocus rates NZSTF with a GF Score™ of 54/100 and a GF Value™ of $0.99 (Modestly Undervalued). The stock has 4 warning signs investors should review.

NZX's Beginning Cash Position for the quarter that ended in Jun. 2026 was $30.09 Mil.

NZX's quarterly Beginning Cash Position declined from Jun. 2025 ($29.47 Mil) to Dec. 2025 ($19.78 Mil) but then increased from Dec. 2025 ($19.78 Mil) to Jun. 2026 ($30.09 Mil).

NZX's annual Beginning Cash Position declined from Dec. 2022 ($31.17 Mil) to Dec. 2023 ($25.27 Mil) but then increased from Dec. 2023 ($25.27 Mil) to Dec. 2024 ($25.67 Mil).

NZX Beginning Cash Position Related Terms

NZX Beginning Cash Position Historical Data

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The historical data trend for NZX's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NZX Beginning Cash Position Chart

NZX Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.86 35.80 31.17 25.27 25.67

NZX Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.42 18.66 29.47 19.78 30.09
NZSTF
54GF Score
NZX Ltd NZSTF
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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NZX Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $30.09 Mil mean?
NZX (NZSTF) has a Beginning Cash Position of $30.09 Mil as of Jun. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on NZX and its competitors.
Is NZX's Beginning Cash Position too high?
NZX's current Beginning Cash Position is $30.09 Mil. Overall, NZX has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NZX's Beginning Cash Position compare to SPGI and CME?
NZX's Beginning Cash Position of $30.09 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Capital Markets company?
A good Beginning Cash Position depends on the Capital Markets industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on NZX and its competitors. NZX's current Beginning Cash Position is $30.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NZX stock overvalued right now?
Based on GuruFocus' analysis, NZX (NZSTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.99, compared to a current price of $0.87 — trading 11.7% below its estimated fair value. The current Beginning Cash Position is $30.09 Mil. NZX's overall GF Score™ is 54/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For NZX (NZSTF), the current Beginning Cash Position is $30.09 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NZX (NZSTF) Overvalued in 2026?

Based on GuruFocus' analysis, NZX stock appears to be undervalued. The current stock price of $0.87 is trading 11.7% below its estimated GF Value™ of $0.99. GuruFocus considers NZX to be Modestly Undervalued.

Key valuation signals for NZSTF:

  • Beginning Cash Position: $30.09 Mil
  • GF Value™: $0.99 vs. price of $0.87 (11.7% below fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the NZSTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NZX Business Description

Other Exchanges NZX:New Zealand5NZ:Germany
Address 11 Cable Street, Level 2, NZX Centre, PO Box 2959, Wellington, NZL, 6011
NZX Ltd operates New Zealand's equity, debt, funds, derivatives and energy markets. To support the growth of its markets, it provides trading, clearing, settlement, depository, and information services for its customers. The company also owns Smart, New Zealand issuer of listed Exchange Traded Funds (ETFs); KiwiSaver, investment, superannuation and insurance provider SuperLife; and diversified fund manager QuayStreet Asset Management. Its segments include Markets, Funds Management (Smart), Wealth Technologies, and Corporate. It derives majority of the revenue from Markets segment which includes Capital Markets Origination, Secondary Markets, and Information Services.
54GF Score

Get the complete analysis for NZSTF

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.87
Price
$0.99
GF Value