Channel Infrastructure NZASX:CHI 43 Return-on-Tangible-Equity is 0.04% as of Dec. 2025, which is 98% below its 10-year median of 2.28. GuruFocus rates ASX:CHI with a GF Score™ of 43/100 and a GF Value™ of A$1.48 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 944 Oil & Gas companies, Channel Infrastructure NZ ranks worse than 63.88% 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. Channel Infrastructure NZ's annualized net income for the quarter that ended in Dec. 2025 was A$0.3 Mil. Channel Infrastructure NZ's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$704.8 Mil. Therefore, Channel Infrastructure NZ's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.04%.
The historical rank and industry rank for Channel Infrastructure NZ's Return-on-Tangible-Equity or its related term are showing as below:
ASX:CHI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -108.11 Med: 2.28 Max: 10.25
Current: 1.48
During the past 13 years, Channel Infrastructure NZ's highest Return-on-Tangible-Equity was 10.25%. The lowest was -108.11%. And the median was 2.28%.
ASX:CHI's Return-on-Tangible-Equity is ranked worse than 63.88% of 944
companies
in the Oil & Gas industry
Industry Median: 6.73
vs ASX:CHI: 1.48
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.
Channel Infrastructure NZ Return-on-Tangible-Equity Related Terms
Channel Infrastructure NZ Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Channel Infrastructure NZ's Return-on-Tangible-Equity 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.
ASX:CHI vs VLO, MPC, PSX: Return-on-Tangible-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Channel Infrastructure NZ'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.
Channel Infrastructure NZ Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Channel Infrastructure NZ's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Channel Infrastructure NZ'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 0.04% mean?
Channel Infrastructure NZ (ASX:CHI) has a Return-on-Tangible-Equity of 0.04% 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 Channel Infrastructure NZ and its competitors. This is 98% below median its historical median of 2.28. According to the industry distribution chart, Channel Infrastructure NZ ranks #603 out of 944 companies in the Oil & Gas industry, placing it in the top 63.9%.
Is Channel Infrastructure NZ's Return-on-Tangible-Equity too high?
Channel Infrastructure NZ's current Return-on-Tangible-Equity of 0.04% is 98% below median its 10-year median of 2.28. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. Channel Infrastructure NZ's value of 0.04% is 99.4% below this industry median. Based on the distribution chart, Channel Infrastructure NZ ranks #603 out of 944 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Channel Infrastructure NZ has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Channel Infrastructure NZ's Return-on-Tangible-Equity compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Channel Infrastructure NZ ranks #603 out of 944 companies for Return-on-Tangible-Equity. This places Channel Infrastructure NZ in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.73. Channel Infrastructure NZ's value of 0.04% is 99.4% below this benchmark. While the company's 10-year median is 2.28 vs. the industry median of 6.73, 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-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.73, based on 944 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. Channel Infrastructure NZ's current Return-on-Tangible-Equity of 0.04% is 99.4% 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 Channel Infrastructure NZ and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.73 — 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-Equity is 0.04%, which is 98% below median its own 10-year median of 2.28. 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?
Based on GuruFocus' analysis, Channel Infrastructure NZ (ASX:CHI) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.48, compared to a current price of A$2.63 — trading 77.7% above its estimated fair value. The current Return-on-Tangible-Equity is 0.04%, which is 98% below median its 10-year median of 2.28 and 99.4% below the Oil & Gas industry median of 6.73. Channel Infrastructure NZ's overall GF Score™ is 43/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Channel Infrastructure NZ (ASX:CHI), the current Return-on-Tangible-Equity is 0.04% 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 (ASX:CHI) Overvalued in 2026?
Based on GuruFocus' analysis, Channel Infrastructure NZ stock appears to be overvalued.
The current stock price of A$2.63 is trading 77.7% above its estimated GF Value™ of A$1.48.
GuruFocus considers Channel Infrastructure NZ to be Significantly Overvalued.
Key valuation signals for ASX:CHI:
Return-on-Tangible-Equity: 0.04% (98% below median its 10-year median of 2.28)
GF Value™: A$1.48 vs. price of A$2.63 (77.7% above fair value)
Industry Position: 99.4% below the Oil & Gas median (#603 of 944)
No single metric tells the full story. See the ASX:CHI 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.
43GF Score
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