NZXNZSE:NZX +0.71%91 EBITDA Margin % is 43.84% as of Dec. 2025, which is 6% above its 10-year median of 41.20. GuruFocus rates NZSE:NZX with a GF Score™ of 91/100 and a GF Value™ of NZ$1.56 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 669 Capital Markets companies, NZX ranks better than 65.02% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. NZX's EBITDA for the
six
months ended in Dec. 2025 was NZ$29.5 Mil. NZX's Revenue for the
six
months ended in Dec. 2025 was NZ$67.2 Mil. Therefore, NZX's EBITDA margin for the quarter that ended in Dec. 2025 was 43.84%.
NZX (NZSE:NZX) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
NZX EBITDA Margin % Related Terms
NZX EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for NZX's EBITDA Margin % 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.
NZSE:NZX vs SPGI, CME, MCO: EBITDA Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, NZX's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NZX EBITDA Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, NZX's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where NZX's EBITDA Margin % falls into.
* 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 (NZSE:NZX) has a EBITDA Margin % of 43.84% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on NZX and its competitors. This is near median its historical median of 41.20. Over the past decade, NZX's EBITDA Margin % has ranged from 29.46 to 48.91. According to the industry distribution chart, NZX ranks #234 out of 669 companies in the Capital Markets industry, placing it in the top 35%.
Is NZX's EBITDA Margin % too high?
NZX's current EBITDA Margin % of 43.84% is near median its 10-year median of 41.20. Over the past 10 years, this metric has ranged from a low of 29.46 to a high of 48.91. The Capital Markets industry median EBITDA Margin % is 20.77. NZX's value of 43.84% is 111.1% above this industry median. Based on the distribution chart, NZX ranks #234 out of 669 companies in the Capital Markets industry, which is above the industry midpoint. Overall, NZX has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NZX's EBITDA Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, NZX ranks #234 out of 669 companies for EBITDA Margin %. This puts NZX in the upper half of its industry. The industry median EBITDA Margin % is 20.77. NZX's value of 43.84% is 111.1% above this benchmark. Historically, NZX's own EBITDA Margin % has ranged from 29.46 to 48.91 over the past decade. While the company's 10-year median is 41.20 vs. the industry median of 20.77, NZX has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Capital Markets company?
The median EBITDA Margin % among Capital Markets companies is 20.77, based on 669 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NZX's current EBITDA Margin % of 43.84% is 111.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on NZX and its competitors. For the Capital Markets industry, the median EBITDA Margin % is 20.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NZX's current EBITDA Margin % is 43.84%, which is near median its own 10-year median of 41.20. 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 (NZSE:NZX) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$1.56, compared to a current price of NZ$1.41 — trading 9.6% below its estimated fair value. The current EBITDA Margin % is 43.84%, which is near median its 10-year median of 41.20 and 111.1% above the Capital Markets industry median of 20.77. NZX's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For NZX (NZSE:NZX), the current EBITDA Margin % is 43.84% as of Dec. 2025. 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 (NZSE:NZX) Overvalued in 2026?
Based on GuruFocus' analysis, NZX stock appears to be undervalued.
The current stock price of NZ$1.41 is trading 9.6% below its estimated GF Value™ of NZ$1.56.
GuruFocus considers NZX to be Modestly Undervalued.
Key valuation signals for NZSE:NZX:
EBITDA Margin %: 43.84% (near median its 10-year median of 41.20)
GF Value™: NZ$1.56 vs. price of NZ$1.41 (9.6% below fair value)
Industry Position: 111.1% above the Capital Markets median (#234 of 669)
No single metric tells the full story. See the NZSE:NZX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
91GF Score
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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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