Auckland International AirportASX:AIA +0.28%92 Return-on-Tangible-Equity is 3.26% as of Dec. 2025, which is 40% below its 10-year median of 5.39. GuruFocus rates ASX:AIA with a GF Score™ of 92/100 and a GF Value™ of A$7.32 (Fairly Valued). The stock has 5 warning signs investors should review. Among 977 Transportation companies, Auckland International Airport ranks worse than 71.03% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Auckland International Airport's annualized net income for the quarter that ended in Dec. 2025 was A$308.3 Mil. Auckland International Airport's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$9,462.3 Mil. Therefore, Auckland International Airport's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 3.26%.
The historical rank and industry rank for Auckland International Airport's Return-on-Tangible-Equity or its related term are showing as below:
ASX:AIA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.06 Med: 5.39 Max: 13.39
Current: 3.96
During the past 13 years, Auckland International Airport's highest Return-on-Tangible-Equity was 13.39%. The lowest was 0.06%. And the median was 5.39%.
ASX:AIA's Return-on-Tangible-Equity is ranked worse than 71.03% of 977
companies
in the Transportation industry
Industry Median: 8.99
vs ASX:AIA: 3.96
Auckland International Airport (ASX:AIA) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Auckland International Airport Return-on-Tangible-Equity Related Terms
Auckland International Airport Return-on-Tangible-Equity 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.
Auckland International Airport Return-on-Tangible-Equity Chart
ASX:AIA vs JOBY: Return-on-Tangible-Equity Comparison
For the Airports & Air Services subindustry, Auckland International Airport's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Auckland International Airport Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Auckland International Airport's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Auckland International Airport's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 3.26% mean?
Auckland International Airport (ASX:AIA) has a Return-on-Tangible-Equity of 3.26% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Auckland International Airport and its competitors. This is 40% below median its historical median of 5.39. Over the past decade, Auckland International Airport's Return-on-Tangible-Equity has ranged from 0.06 to 13.39. According to the industry distribution chart, Auckland International Airport ranks #694 out of 977 companies in the Transportation industry, placing it in the top 71%.
Is Auckland International Airport's Return-on-Tangible-Equity too high?
Auckland International Airport's current Return-on-Tangible-Equity of 3.26% is 40% below median its 10-year median of 5.39. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 13.39. The Transportation industry median Return-on-Tangible-Equity is 8.99. Auckland International Airport's value of 3.26% is 63.7% below this industry median. Based on the distribution chart, Auckland International Airport ranks #694 out of 977 companies in the Transportation industry, which is below the industry midpoint. Overall, Auckland International Airport has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Auckland International Airport's Return-on-Tangible-Equity compare to JOBY?
According to the Transportation industry distribution chart, Auckland International Airport ranks #694 out of 977 companies for Return-on-Tangible-Equity. This places Auckland International Airport in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.99. Auckland International Airport's value of 3.26% is 63.7% below this benchmark. Historically, Auckland International Airport's own Return-on-Tangible-Equity has ranged from 0.06 to 13.39 over the past decade. While the company's 10-year median is 5.39 vs. the industry median of 8.99, Auckland International Airport 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-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Auckland International Airport's current Return-on-Tangible-Equity of 3.26% is 63.7% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Auckland International Airport and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auckland International Airport's current Return-on-Tangible-Equity is 3.26%, which is 40% below median its own 10-year median of 5.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auckland International Airport stock overvalued right now?
Based on GuruFocus' analysis, Auckland International Airport (ASX:AIA) is currently considered Fairly Valued. The stock's GF Value™ is A$7.32, compared to a current price of A$7.11 — trading 2.9% below its estimated fair value. The current Return-on-Tangible-Equity is 3.26%, which is 40% below median its 10-year median of 5.39 and 63.7% below the Transportation industry median of 8.99. Auckland International Airport's overall GF Score™ is 92/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Auckland International Airport (ASX:AIA), the current Return-on-Tangible-Equity is 3.26% 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 Auckland International Airport (ASX:AIA) Overvalued in 2026?
Based on GuruFocus' analysis, Auckland International Airport stock appears to be undervalued.
The current stock price of A$7.11 is trading 2.9% below its estimated GF Value™ of A$7.32.
GuruFocus considers Auckland International Airport to be Fairly Valued.
Key valuation signals for ASX:AIA:
Return-on-Tangible-Equity: 3.26% (40% below median its 10-year median of 5.39)
GF Value™: A$7.32 vs. price of A$7.11 (2.9% below fair value)
Industry Position: 63.7% below the Transportation median (#694 of 977)
No single metric tells the full story. See the ASX:AIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Auckland International Airport Business Description
Auckland Airport is New Zealand's largest airport, handling about 75% of the country's international arrivals and departures. It owns over 1,500 hectares of land, and hosts unregulated ancillary commercial services, including retail and duty-free, car parking, hotels, warehouses, and offices. Substantial development opportunities are set to materially expand capacity over the next decade. The airport also has a 25% stake in the small, but fast-growing Queenstown airport on New Zealand's South Island.
92GF Score
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