Air New ZealandASX:AIZ -2.74%38 OCF Margin % is 6.49% as of Dec. 2025, which is 58% below its 10-year median of 15.48. GuruFocus rates ASX:AIZ with a GF Score™ of 38/100 and a GF Value™ of A$0.52 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,006 Transportation companies, Air New Zealand ranks worse than 55.77% on this metric.
The historical rank and industry rank for Air New Zealand's OCF Margin % or its related term are showing as below:
ASX:AIZ'
s OCF Margin % Range Over the Past 10 Years
Min: 2.01 Med: 15.48 Max: 29.27
Current: 10.78
During the past 13 years, the highest OCF Margin % of Air New Zealand was 29.27%. The lowest was 2.01%. And the median was 15.48%.
ASX:AIZ's OCF Margin % is ranked worse than 55.77% of 1006
companies
in the Transportation industry
Industry Median: 12.945
vs ASX:AIZ: 10.78
Air New Zealand OCF Margin % Related Terms
Air New Zealand OCF Margin % Historical Data
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The historical data trend for Air New Zealand's OCF 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.
For the Airlines subindustry, Air New Zealand's OCF Margin %, along with its competitors' market caps and OCF 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.
Air New Zealand OCF Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Air New Zealand's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Air New Zealand's OCF 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.
Air New Zealand (ASX:AIZ) has a OCF Margin % of 6.49% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Air New Zealand and its competitors. This is 58% below median its historical median of 15.48. Over the past decade, Air New Zealand's OCF Margin % has ranged from 2.01 to 29.27. According to the industry distribution chart, Air New Zealand ranks #561 out of 1006 companies in the Transportation industry, placing it in the top 55.8%.
Is Air New Zealand's OCF Margin % too high?
Air New Zealand's current OCF Margin % of 6.49% is 58% below median its 10-year median of 15.48. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 29.27. The Transportation industry median OCF Margin % is 12.95. Air New Zealand's value of 6.49% is 49.9% below this industry median. Based on the distribution chart, Air New Zealand ranks #561 out of 1006 companies in the Transportation industry, which is below the industry midpoint. Overall, Air New Zealand has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Air New Zealand's OCF Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Air New Zealand ranks #561 out of 1006 companies for OCF Margin %. This places Air New Zealand in the lower half of its industry. The industry median OCF Margin % is 12.95. Air New Zealand's value of 6.49% is 49.9% below this benchmark. Historically, Air New Zealand's own OCF Margin % has ranged from 2.01 to 29.27 over the past decade. While the company's 10-year median is 15.48 vs. the industry median of 12.95, Air New Zealand 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 OCF Margin % for a Transportation company?
The median OCF Margin % among Transportation companies is 12.95, based on 1,006 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air New Zealand's current OCF Margin % of 6.49% is 49.9% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Air New Zealand and its competitors. For the Transportation industry, the median OCF Margin % is 12.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air New Zealand's current OCF Margin % is 6.49%, which is 58% below median its own 10-year median of 15.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Air New Zealand (ASX:AIZ) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.52, compared to a current price of A$0.36 — trading 31.7% below its estimated fair value. The current OCF Margin % is 6.49%, which is 58% below median its 10-year median of 15.48 and 49.9% below the Transportation industry median of 12.95. Air New Zealand's overall GF Score™ is 38/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Air New Zealand (ASX:AIZ), the current OCF Margin % is 6.49% 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 Air New Zealand (ASX:AIZ) Overvalued in 2026?
Based on GuruFocus' analysis, Air New Zealand stock appears to be undervalued.
The current stock price of A$0.36 is trading 31.7% below its estimated GF Value™ of A$0.52.
GuruFocus considers Air New Zealand to be Possible Value Trap.
Key valuation signals for ASX:AIZ:
OCF Margin %: 6.49% (58% below median its 10-year median of 15.48)
GF Value™: A$0.52 vs. price of A$0.36 (31.7% below fair value)
Industry Position: 49.9% below the Transportation median (#561 of 1006)
No single metric tells the full story. See the ASX:AIZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air New Zealand, majority owned by the New Zealand government, provides air passenger and cargo transport services within New Zealand as well as to and from Australia, the Southwest Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market with around 80% share, although the majority of revenue is derived from international and trans-Tasman activity.
38GF Score
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