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NZMENZMEF -27.39%80 Return-on-Tangible-Asset is 19.98% as of Dec. 2025, which is 116% above its 10-year median of 9.24. GuruFocus rates NZMEF with a GF Score™ of 80/100 and a GF Value™ of $0.34. The stock has 6 warning signs investors should review. Among 1,032 Media - Diversified companies, NZME ranks better than 86.92% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. NZME's annualizedNet Income for the quarter that ended in Dec. 2025 was $15.6 Mil. NZME's average total tangible assets for the quarter that ended in Dec. 2025 was $78.1 Mil. Therefore, NZME's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 19.98%.
The historical rank and industry rank for NZME's Return-on-Tangible-Asset or its related term are showing as below:
NZMEF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -97.88 Med: 9.24 Max: 39.42
Current: 9.75
During the past 10 years, NZME's highest Return-on-Tangible-Asset was 39.42%. The lowest was -97.88%. And the median was 9.24%.
NZMEF's Return-on-Tangible-Asset is ranked better than 86.92% of 1032
companies
in the Media - Diversified industry
Industry Median: 0.82
vs NZMEF: 9.75
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.
NZME Return-on-Tangible-Asset Related Terms
NZME Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for NZME's Return-on-Tangible-Asset 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.
NZMEF vs NFLX, DIS, WBD: Return-on-Tangible-Asset Comparison
For the Entertainment subindustry, NZME'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.
NZME Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, NZME's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where NZME'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 19.98% mean?
NZME (NZMEF) has a Return-on-Tangible-Asset of 19.98% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on NZME and its competitors. This is 116% above median its historical median of 9.24. According to the industry distribution chart, NZME ranks #135 out of 1032 companies in the Media - Diversified industry, placing it in the top 13.1%.
Is NZME's Return-on-Tangible-Asset too high?
NZME's current Return-on-Tangible-Asset of 19.98% is 116% above median its 10-year median of 9.24. The Media - Diversified industry median Return-on-Tangible-Asset is 0.82. NZME's value of 19.98% is 2336.6% above this industry median. Based on the distribution chart, NZME ranks #135 out of 1032 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, NZME has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does NZME's Return-on-Tangible-Asset compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, NZME ranks #135 out of 1032 companies for Return-on-Tangible-Asset. This places NZME in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.82. NZME's value of 19.98% is 2336.6% above this benchmark. While the company's 10-year median is 9.24 vs. the industry median of 0.82, NZME 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.82, based on 1,032 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. NZME's current Return-on-Tangible-Asset of 19.98% is 2336.6% 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 NZME and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NZME's current Return-on-Tangible-Asset is 19.98%, which is 116% above median its own 10-year median of 9.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NZME stock overvalued right now?
NZME (NZMEF) has a current Return-on-Tangible-Asset of 19.98%. The stock's GF Value™ is $0.34, compared to a current price of $0.35 — trading 2.9% above its estimated fair value. The current Return-on-Tangible-Asset is 19.98%, which is 116% above median its 10-year median of 9.24 and 2336.6% above the Media - Diversified industry median of 0.82. NZME's overall GF Score™ is 80/100 with 6 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 NZME (NZMEF), the current Return-on-Tangible-Asset is 19.98% 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 NZME (NZMEF) Overvalued in 2026?
Based on GuruFocus' analysis, NZME stock appears to be overvalued.
The current stock price of $0.35 is trading 2.9% above its estimated GF Value™ of $0.34.
Key valuation signals for NZMEF:
Return-on-Tangible-Asset: 19.98% (116% above median its 10-year median of 9.24)
GF Value™: $0.34 vs. price of $0.35 (2.9% above fair value)
Industry Position: 2336.6% above the Media - Diversified median (#135 of 1032)
No single metric tells the full story. See the NZMEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NZME Ltd is a New Zealand-based company. The company operates in three business segments: the Audio segment, which includes terrestrial radio stations, digital iHeartRadio, podcasts, and radio brand websites; the Publishing segment, which generates the maximum revenue and includes print publications (excluding dedicated real estate publications), digital news websites, and Business Desk; and the OneRoof segment, which comprises the OneRoof website and dedicated real estate print publications.
80GF Score
Get the complete analysis for NZMEF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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