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Allied FarmersNZSE:ALF 24 Return-on-Tangible-Asset is 19.71% as of Dec. 2025, which is 137% above its 10-year median of 8.31. GuruFocus rates NZSE:ALF with a GF Score™ of 24/100 and a GF Value™ of NZ$0.01 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,996 Consumer Packaged Goods companies, Allied Farmers 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. Allied Farmers's annualizedNet Income for the quarter that ended in Dec. 2025 was NZ$7.63 Mil. Allied Farmers's average total tangible assets for the quarter that ended in Dec. 2025 was NZ$38.74 Mil. Therefore, Allied Farmers's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 19.71%.
The historical rank and industry rank for Allied Farmers's Return-on-Tangible-Asset or its related term are showing as below:
NZSE:ALF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.98 Med: 8.31 Max: 19.95
Current: 12.46
During the past 13 years, Allied Farmers's highest Return-on-Tangible-Asset was 19.95%. The lowest was 2.98%. And the median was 8.31%.
NZSE:ALF's Return-on-Tangible-Asset is ranked better than 86.92% of 1996
companies
in the Consumer Packaged Goods industry
Industry Median: 3.395
vs NZSE:ALF: 12.46
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.
Allied Farmers Return-on-Tangible-Asset Related Terms
Allied Farmers Return-on-Tangible-Asset Historical Data
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The historical data trend for Allied Farmers'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.
NZSE:ALF vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, Allied Farmers'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.
Allied Farmers Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Allied Farmers's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Allied Farmers'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 19.71% mean?
Allied Farmers (NZSE:ALF) has a Return-on-Tangible-Asset of 19.71% 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 Allied Farmers and its competitors. This is 137% above median its historical median of 8.31. Over the past decade, Allied Farmers' Return-on-Tangible-Asset has ranged from 2.98 to 19.95. According to the industry distribution chart, Allied Farmers ranks #261 out of 1996 companies in the Consumer Packaged Goods industry, placing it in the top 13.1%.
Is Allied Farmers' Return-on-Tangible-Asset too high?
Allied Farmers' current Return-on-Tangible-Asset of 19.71% is 137% above median its 10-year median of 8.31. Over the past 10 years, this metric has ranged from a low of 2.98 to a high of 19.95. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.40. Allied Farmers' value of 19.71% is 480.6% above this industry median. Based on the distribution chart, Allied Farmers ranks #261 out of 1996 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Allied Farmers has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Allied Farmers' Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Allied Farmers ranks #261 out of 1996 companies for Return-on-Tangible-Asset. This places Allied Farmers in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.40. Allied Farmers' value of 19.71% is 480.6% above this benchmark. Historically, Allied Farmers' own Return-on-Tangible-Asset has ranged from 2.98 to 19.95 over the past decade. While the company's 10-year median is 8.31 vs. the industry median of 3.40, Allied Farmers 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 3.40, based on 1,996 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. Allied Farmers's current Return-on-Tangible-Asset of 19.71% is 480.6% 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 Allied Farmers and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allied Farmers's current Return-on-Tangible-Asset is 19.71%, which is 137% above median its own 10-year median of 8.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Farmers stock overvalued right now?
Based on GuruFocus' analysis, Allied Farmers (NZSE:ALF) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$0.01, compared to a current price of NZ$0.62 — trading 6100% above its estimated fair value. The current Return-on-Tangible-Asset is 19.71%, which is 137% above median its 10-year median of 8.31 and 480.6% above the Consumer Packaged Goods industry median of 3.40. Allied Farmers' overall GF Score™ is 24/100 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 Allied Farmers (NZSE:ALF), the current Return-on-Tangible-Asset is 19.71% 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 Allied Farmers (NZSE:ALF) Overvalued in 2026?
Based on GuruFocus' analysis, Allied Farmers stock appears to be overvalued.
The current stock price of NZ$0.62 is trading 6100% above its estimated GF Value™ of NZ$0.01.
GuruFocus considers Allied Farmers to be Significantly Overvalued.
Key valuation signals for NZSE:ALF:
Return-on-Tangible-Asset: 19.71% (137% above median its 10-year median of 8.31)
GF Value™: NZ$0.01 vs. price of NZ$0.62 (6100% above fair value)
Industry Position: 480.6% above the Consumer Packaged Goods median (#261 of 1996)
No single metric tells the full story. See the NZSE:ALF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Allied Farmers Ltd is engaged in the trading of dairy herds and sourcing and promoting dairy, beef, and sheep livestock for sale. The company's operating segment include Livestock Services, Financial Services, Rural Land Management and Parent Operations. It generates maximum revenue from the Livestock Services segment which involves an agency business facilitating livestock transactions and the procurement and export of veal.
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