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South Port New ZealandSPNZF 98 Return-on-Tangible-Asset is 14.87% as of Dec. 2025, which is 30% below its 10-year median of 21.30. GuruFocus rates SPNZF with a GF Score™ of 98/100 and a GF Value™ of $5.67. The stock has 6 warning signs investors should review. Among 1,010 Transportation companies, South Port New Zealand ranks better than 92.77% 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. South Port New Zealand's annualizedNet Income for the quarter that ended in Dec. 2025 was $9.78 Mil. South Port New Zealand's average total tangible assets for the quarter that ended in Dec. 2025 was $65.82 Mil. Therefore, South Port New Zealand's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 14.87%.
The historical rank and industry rank for South Port New Zealand's Return-on-Tangible-Asset or its related term are showing as below:
SPNZF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.27 Med: 21.3 Max: 29.52
Current: 14.5
During the past 13 years, South Port New Zealand's highest Return-on-Tangible-Asset was 29.52%. The lowest was 9.27%. And the median was 21.30%.
SPNZF's Return-on-Tangible-Asset is ranked better than 92.77% of 1010
companies
in the Transportation industry
Industry Median: 3.775
vs SPNZF: 14.50
South Port New Zealand (OTCPK:SPNZF) 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.
South Port New Zealand Return-on-Tangible-Asset Related Terms
South Port New Zealand Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for South Port New Zealand'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.
South Port New Zealand Return-on-Tangible-Asset Chart
For the Marine Shipping subindustry, South Port New Zealand'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.
South Port New Zealand Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, South Port New Zealand's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where South Port New Zealand'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 14.87% mean?
South Port New Zealand (SPNZF) has a Return-on-Tangible-Asset of 14.87% 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 South Port New Zealand and its competitors. This is 30% below median its historical median of 21.30. Over the past decade, South Port New Zealand's Return-on-Tangible-Asset has ranged from 9.27 to 29.52. According to the industry distribution chart, South Port New Zealand ranks #73 out of 1010 companies in the Transportation industry, placing it in the top 7.2%.
Is South Port New Zealand's Return-on-Tangible-Asset too high?
South Port New Zealand's current Return-on-Tangible-Asset of 14.87% is 30% below median its 10-year median of 21.30. Over the past 10 years, this metric has ranged from a low of 9.27 to a high of 29.52. The Transportation industry median Return-on-Tangible-Asset is 3.78. South Port New Zealand's value of 14.87% is 293.9% above this industry median. Based on the distribution chart, South Port New Zealand ranks #73 out of 1010 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, South Port New Zealand has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does South Port New Zealand's Return-on-Tangible-Asset compare to KEX?
According to the Transportation industry distribution chart, South Port New Zealand ranks #73 out of 1010 companies for Return-on-Tangible-Asset. This places South Port New Zealand in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.78. South Port New Zealand's value of 14.87% is 293.9% above this benchmark. Historically, South Port New Zealand's own Return-on-Tangible-Asset has ranged from 9.27 to 29.52 over the past decade. While the company's 10-year median is 21.30 vs. the industry median of 3.78, South Port New Zealand 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.78, based on 1,010 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. South Port New Zealand's current Return-on-Tangible-Asset of 14.87% is 293.9% 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 South Port New Zealand and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Port New Zealand's current Return-on-Tangible-Asset is 14.87%, which is 30% below median its own 10-year median of 21.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Port New Zealand stock overvalued right now?
South Port New Zealand (SPNZF) has a current Return-on-Tangible-Asset of 14.87%. The stock's GF Value™ is $5.67, compared to a current price of $5.70 — trading 0.5% above its estimated fair value. The current Return-on-Tangible-Asset is 14.87%, which is 30% below median its 10-year median of 21.30 and 293.9% above the Transportation industry median of 3.78. South Port New Zealand's overall GF Score™ is 98/100 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 South Port New Zealand (SPNZF), the current Return-on-Tangible-Asset is 14.87% 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 South Port New Zealand (SPNZF) Overvalued in 2026?
Based on GuruFocus' analysis, South Port New Zealand stock appears to be overvalued.
The current stock price of $5.70 is trading 0.5% above its estimated GF Value™ of $5.67.
Key valuation signals for SPNZF:
Return-on-Tangible-Asset: 14.87% (30% below median its 10-year median of 21.30)
GF Value™: $5.67 vs. price of $5.70 (0.5% above fair value)
Industry Position: 293.9% above the Transportation median (#73 of 1010)
No single metric tells the full story. See the SPNZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
South Port New Zealand Ltd offers a wide range of marine services, cargo and container shipping, and on-site warehousing for domestic and international customers. It serves key export and import industries in the Southland region, including aluminium, timber, fisheries, dairy, meat, wood chips, stock food, cement, alumina, fertiliser, and petroleum products. South Port is publicly listed on the New Zealand Stock Exchange and is majority-owned by Environment Southland. It also operates an intermodal freight center to facilitate efficient product distribution within the Southland and Otago regions. The majority of revenue comes from the Cargo and logistics services.
98GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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