Asset Plus (NZSE:APL) Quality Rank

Author: Vera Yuan Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

NZSE:APL Asset Plus Ltd NZSE:APL
38 GF Score
Price NZ$0.17
GF Value NZ$0.23
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Asset Plus Quality Rank?

The Quality Rank measures the business quality of a company relative to other companies. It is ranked based on the strength of the balance sheet, as well as the profitability and growth of the business. The ranked companies are split in equal numbers and then ranked from 1 to 10, with 10 being the highest.

The rank of balance sheet (30%)

The rank of balance sheet is done through the ranking of:
  • Interest coverage
  • Zscore
  • Debt to revenue
  • Equity to asset
  • Cash to debt

The rank of Profitability (70%)

The ranking of Profitability is done by ranking:
  • Operating margin mean rank (10-year mean average profit margine)
  • Operating margin growth rank
  • Fscore
  • Predictability rank
  • Revenue growth rank (5 year), when the growth is higher than 25%, set it as 25%
  • Num of year profit (number of years that is profitable within the last 10 years)
  • ROIC median (10-year median of ROIC)

Asset Plus Quality Rank Related Terms

NZSE:APL
38GF Score
Asset Plus Ltd NZSE:APL
Quality Rank is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Asset Plus (NZSE:APL) Overvalued in 2026?

Based on GuruFocus' analysis, Asset Plus stock appears to be undervalued. The current stock price of NZ$0.17 is trading 26.1% below its estimated GF Value™ of NZ$0.23. GuruFocus considers Asset Plus to be Modestly Undervalued.

Key valuation signals for NZSE:APL:

  • Quality Rank:
  • GF Value™: NZ$0.23 vs. price of NZ$0.17 (26.1% below fair value)
  • GF Score™: 38/100 with 2 warning signs

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

Asset Plus Business Description

Industry Real EstateREITs
Address C/- Centuria Funds Management Limited, 30 Gaunt Street, Level 2, Bayleys House, Wynyard Quarter, Auckland, NTL, NZL, 1010
Asset Plus Ltd is a commercial property investment company. Its principal activities include investing in commercial property in New Zealand. The company's investment portfolio consists of office properties in New Zealand including the Munroe Lane property, and the 35 Graham Street property which is currently held for sale.
38GF Score

Get the complete analysis for NZSE:APL

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

NZ$0.17
Price
NZ$0.23
GF Value