NZSE:GNZ'
s Net Margin % Range Over the Past 10 Years
Min: -231.42 Med: 140.78 Max: 398.62
Current: 43.78
NZSE:GNZ's Net Margin % is ranked worse than 51.4% of 928
companies
in the REITs industry
Industry Median: 45.23
vs NZSE:GNZ: 43.78
Goodman New Zealand and Goodman Property Services (NZSE:GNZ) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Goodman New Zealand and Goodman Property Services Net Margin % Related Terms
Goodman New Zealand and Goodman Property Services Net Margin % Historical Data
* 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.
Goodman New Zealand and Goodman Property Services Net Margin % Chart
Goodman New Zealand and Goodman Property Services Annual Data
* 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.
Goodman New Zealand and Goodman Property Services Net Margin % vs REITs Industry
* 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.
Goodman New Zealand and Goodman Property Services (NZSE:GNZ) has a Net Margin % of 42.77% as of Sep. 2025. Net margin is the ratio of total net income to net sales. View historical data on Goodman New Zealand and Goodman Property Services and its competitors. This is 70% below median its historical median of 140.78. According to the industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #477 out of 928 companies in the REITs industry, placing it in the top 51.4%.
Is Goodman New Zealand and Goodman Property Services' Net Margin % too high?
Goodman New Zealand and Goodman Property Services' current Net Margin % of 42.77% is 70% below median its 10-year median of 140.78. The REITs industry median Net Margin % is 45.23. Goodman New Zealand and Goodman Property Services' value of 42.77% is 5.4% below this industry median. Based on the distribution chart, Goodman New Zealand and Goodman Property Services ranks #477 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, Goodman New Zealand and Goodman Property Services has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodman New Zealand and Goodman Property Services' Net Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #477 out of 928 companies for Net Margin %. This places Goodman New Zealand and Goodman Property Services in the lower half of its industry. The industry median Net Margin % is 45.23. Goodman New Zealand and Goodman Property Services' value of 42.77% is 5.4% below this benchmark. While the company's 10-year median is 140.78 vs. the industry median of 45.23, Goodman New Zealand and Goodman Property Services has consistently been below 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.23, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Goodman New Zealand and Goodman Property Services's current Net Margin % of 42.77% is 5.4% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Goodman New Zealand and Goodman Property Services and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodman New Zealand and Goodman Property Services's current Net Margin % is 42.77%, which is 70% below median its own 10-year median of 140.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman New Zealand and Goodman Property Services stock overvalued right now?
Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services (NZSE:GNZ) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$1.57, compared to a current price of NZ$2.08 — trading 32.5% above its estimated fair value. The current Net Margin % is 42.77%, which is 70% below median its 10-year median of 140.78 and 5.4% below the REITs industry median of 45.23. Goodman New Zealand and Goodman Property Services' overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Goodman New Zealand and Goodman Property Services (NZSE:GNZ), the current Net Margin % is 42.77% as of Sep. 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 Goodman New Zealand and Goodman Property Services (NZSE:GNZ) Overvalued in 2026?
Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services stock appears to be overvalued.
The current stock price of NZ$2.08 is trading 32.5% above its estimated GF Value™ of NZ$1.57.
GuruFocus considers Goodman New Zealand and Goodman Property Services to be Significantly Overvalued.
Key valuation signals for NZSE:GNZ:
Net Margin %: 42.77% (70% below median its 10-year median of 140.78)
GF Value™: NZ$1.57 vs. price of NZ$2.08 (32.5% above fair value)
Industry Position: 5.4% below the REITs median (#477 of 928)
No single metric tells the full story. See the NZSE:GNZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodman New Zealand and Goodman Property Services Business Description
Goodman New Zealand Ltd and Goodman Property Services Ltd, formerly known as Goodman Property Trust, is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.
79GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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