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Channel Infrastructure NZNZRFF 58 Return-on-Tangible-Asset is 0.02% as of Dec. 2025, which is 98% below its 10-year median of 1.18. GuruFocus rates NZRFF with a GF Scoreâ„¢ of 58/100 and a GF Valueâ„¢ of $0.91. The stock has 12 warning signs investors should review. Among 1,025 Oil & Gas companies, Channel Infrastructure NZ ranks worse than 57.37% 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. Channel Infrastructure NZ's annualizedNet Income for the quarter that ended in Dec. 2025 was $0.19 Mil. Channel Infrastructure NZ's average total tangible assets for the quarter that ended in Dec. 2025 was $789.73 Mil. Therefore, Channel Infrastructure NZ's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.02%.
The historical rank and industry rank for Channel Infrastructure NZ's Return-on-Tangible-Asset or its related term are showing as below:
NZRFF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -48.15 Med: 1.18 Max: 6.02
Current: 0.88
During the past 13 years, Channel Infrastructure NZ's highest Return-on-Tangible-Asset was 6.02%. The lowest was -48.15%. And the median was 1.18%.
NZRFF's Return-on-Tangible-Asset is ranked worse than 57.37% of 1025
companies
in the Oil & Gas industry
Industry Median: 2.09
vs NZRFF: 0.88
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 companyÂ’s 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 companyÂ’s 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.
Channel Infrastructure NZ Return-on-Tangible-Asset Related Terms
Channel Infrastructure NZ Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Channel Infrastructure NZ'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.
NZRFF vs VLO, MPC, PSX: Return-on-Tangible-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, Channel Infrastructure NZ'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.
Channel Infrastructure NZ Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Channel Infrastructure NZ's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Channel Infrastructure NZ'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 0.02% mean?
Channel Infrastructure NZ (NZRFF) has a Return-on-Tangible-Asset of 0.02% 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 Channel Infrastructure NZ and its competitors. This is 98% below median its historical median of 1.18. According to the industry distribution chart, Channel Infrastructure NZ ranks #588 out of 1025 companies in the Oil & Gas industry, placing it in the top 57.4%.
Is Channel Infrastructure NZ's Return-on-Tangible-Asset too high?
Channel Infrastructure NZ's current Return-on-Tangible-Asset of 0.02% is 98% below median its 10-year median of 1.18. The Oil & Gas industry median Return-on-Tangible-Asset is 2.09. Channel Infrastructure NZ's value of 0.02% is 99% below this industry median. Based on the distribution chart, Channel Infrastructure NZ ranks #588 out of 1025 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Channel Infrastructure NZ has a GF Scoreâ„¢ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Channel Infrastructure NZ's Return-on-Tangible-Asset compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Channel Infrastructure NZ ranks #588 out of 1025 companies for Return-on-Tangible-Asset. This places Channel Infrastructure NZ in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.09. Channel Infrastructure NZ's value of 0.02% is 99% below this benchmark. While the company's 10-year median is 1.18 vs. the industry median of 2.09, Channel Infrastructure NZ 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 Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.09, based on 1,025 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. Channel Infrastructure NZ's current Return-on-Tangible-Asset of 0.02% is 99% 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 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 Channel Infrastructure NZ and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Channel Infrastructure NZ's current Return-on-Tangible-Asset is 0.02%, which is 98% below median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Channel Infrastructure NZ stock overvalued right now?
Channel Infrastructure NZ (NZRFF) has a current Return-on-Tangible-Asset of 0.02%. The stock's GF Value™ is $0.91, compared to a current price of $1.62 — trading 78% above its estimated fair value. The current Return-on-Tangible-Asset is 0.02%, which is 98% below median its 10-year median of 1.18 and 99% below the Oil & Gas industry median of 2.09. Channel Infrastructure NZ's overall GF Score™ is 58/100 with 12 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 Channel Infrastructure NZ (NZRFF), the current Return-on-Tangible-Asset is 0.02% 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 Channel Infrastructure NZ (NZRFF) Overvalued in 2026?
Based on GuruFocus' analysis, Channel Infrastructure NZ stock appears to be overvalued.
The current stock price of $1.62 is trading 78% above its estimated GF Value™ of $0.91.
Key valuation signals for NZRFF:
Return-on-Tangible-Asset: 0.02% (98% below median its 10-year median of 1.18)
GF Value™: $0.91 vs. price of $1.62 (78% above fair value)
Industry Position: 99% below the Oil & Gas median (#588 of 1025)
No single metric tells the full story. See the NZRFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Channel Infrastructure NZ Ltd is an independent fuel infrastructure company. The company utilizes the deep-water harbour and jetty infrastructure at Marsden Point to receive, store and distribute imported refined fuel, which is owned by customers. The company operates in one reportable segment, Infrastructure, which comprises of fuels import terminal system (including jetty infrastructure at Marsden Point, storage tanks, and the Marsden Point to Auckland pipeline), the Wiri land and terminal leases, and the fuel testing laboratories.
58GF Score
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