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New Zealand Kinglmon InvestmentsASX:NZK 49 Return-on-Tangible-Asset is 10.92% as of Mar. 2026, which is 22% above its 10-year median of 8.97. GuruFocus rates ASX:NZK with a GF Score™ of 49/100 and a GF Value™ of A$0.23 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,997 Consumer Packaged Goods companies, New Zealand Kinglmon Investments ranks worse than 80.07% on this metric.
The historical rank and industry rank for New Zealand Kinglmon Investments's Return-on-Tangible-Asset or its related term are showing as below:
ASX:NZK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -34.88 Med: 8.97 Max: 14.09
Current: -2.91
During the past 7 years, New Zealand Kinglmon Investments's highest Return-on-Tangible-Asset was 14.09%. The lowest was -34.88%. And the median was 8.97%.
ASX:NZK's Return-on-Tangible-Asset is ranked worse than 80.07% of 1997
companies
in the Consumer Packaged Goods industry
Industry Median: 3.43
vs ASX:NZK: -2.91
New Zealand Kinglmon Investments (ASX:NZK) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
New Zealand Kinglmon Investments Return-on-Tangible-Asset Related Terms
New Zealand Kinglmon Investments Return-on-Tangible-Asset 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.
New Zealand Kinglmon Investments Return-on-Tangible-Asset Chart
ASX:NZK vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, New Zealand Kinglmon Investments's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
New Zealand Kinglmon Investments Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, New Zealand Kinglmon Investments's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where New Zealand Kinglmon Investments's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.92% mean?
New Zealand Kinglmon Investments (ASX:NZK) has a Return-on-Tangible-Asset of 10.92% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on New Zealand Kinglmon Investments and its competitors. This is 22% above median its historical median of 8.97. According to the industry distribution chart, New Zealand Kinglmon Investments ranks #1599 out of 1997 companies in the Consumer Packaged Goods industry, placing it in the top 80.1%.
Is New Zealand Kinglmon Investments' Return-on-Tangible-Asset too high?
New Zealand Kinglmon Investments' current Return-on-Tangible-Asset of 10.92% is 22% above median its 10-year median of 8.97. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.43. New Zealand Kinglmon Investments' value of 10.92% is 218.4% above this industry median. Based on the distribution chart, New Zealand Kinglmon Investments ranks #1599 out of 1997 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, New Zealand Kinglmon Investments has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Zealand Kinglmon Investments' Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, New Zealand Kinglmon Investments ranks #1599 out of 1997 companies for Return-on-Tangible-Asset. This places New Zealand Kinglmon Investments in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.43. New Zealand Kinglmon Investments' value of 10.92% is 218.4% above this benchmark. While the company's 10-year median is 8.97 vs. the industry median of 3.43, New Zealand Kinglmon Investments 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 Return-on-Tangible-Asset for a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.43, based on 1,997 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Zealand Kinglmon Investments's current Return-on-Tangible-Asset of 10.92% is 218.4% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on New Zealand Kinglmon Investments and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Zealand Kinglmon Investments's current Return-on-Tangible-Asset is 10.92%, which is 22% above median its own 10-year median of 8.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Zealand Kinglmon Investments stock overvalued right now?
Based on GuruFocus' analysis, New Zealand Kinglmon Investments (ASX:NZK) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.23, compared to a current price of A$0.20 — trading 15.2% below its estimated fair value. The current Return-on-Tangible-Asset is 10.92%, which is 22% above median its 10-year median of 8.97 and 218.4% above the Consumer Packaged Goods industry median of 3.43. New Zealand Kinglmon Investments' overall GF Score™ is 49/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For New Zealand Kinglmon Investments (ASX:NZK), the current Return-on-Tangible-Asset is 10.92% as of Mar. 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 New Zealand Kinglmon Investments (ASX:NZK) Overvalued in 2026?
Based on GuruFocus' analysis, New Zealand Kinglmon Investments stock appears to be undervalued.
The current stock price of A$0.20 is trading 15.2% below its estimated GF Value™ of A$0.23.
GuruFocus considers New Zealand Kinglmon Investments to be Modestly Undervalued.
Key valuation signals for ASX:NZK:
Return-on-Tangible-Asset: 10.92% (22% above median its 10-year median of 8.97)
GF Value™: A$0.23 vs. price of A$0.20 (15.2% below fair value)
Industry Position: 218.4% above the Consumer Packaged Goods median (#1599 of 1997)
No single metric tells the full story. See the ASX:NZK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Zealand Kinglmon Investments Business Description
New Zealand King Salmon Investments Ltd is engaged in the farming, processing, and sale of salmon products. Its brands include Regal, Southern Ocean, Omega Plus, Ora King, and King Salmon. Its product range includes Whole fish, Fillets, Steaks & Portions, wood-roasted, cold-smoked, and Others. Geographically, the company generates the majority of its revenue from North America and the rest from Australia, Japan, China, Europe, New Zealand, and other regions.
49GF Score
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