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. New Zealand Energy's annualized net income for the quarter that ended in Sep. 2025 was $2.33 Mil. New Zealand Energy's average shareholder tangible equity for the quarter that ended in Sep. 2025 was $2.50 Mil. Therefore, New Zealand Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 93.43%.
The historical rank and industry rank for New Zealand Energy's Return-on-Tangible-Equity or its related term are showing as below:
NZERF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -216.67 Med: -38.79 Max: 75.12
Current: -171.81
During the past 13 years, New Zealand Energy's highest Return-on-Tangible-Equity was 75.12%. The lowest was -216.67%. And the median was -38.79%.
NZERF's Return-on-Tangible-Equity is ranked worse than 95.97% of 944
companies
in the Oil & Gas industry
Industry Median: 6.73
vs NZERF: -171.81
New Zealand Energy (OTCPK:NZERF) 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.
New Zealand Energy Return-on-Tangible-Equity Related Terms
New Zealand Energy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for New Zealand Energy'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.
New Zealand Energy Return-on-Tangible-Equity Chart
NZERF vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, New Zealand Energy'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.
New Zealand Energy Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, New Zealand Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where New Zealand Energy'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 four times the quarterly (Sep. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 93.43% mean?
New Zealand Energy (NZERF) has a Return-on-Tangible-Equity of 93.43% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on New Zealand Energy and its competitors. According to the industry distribution chart, New Zealand Energy ranks #906 out of 944 companies in the Oil & Gas industry, placing it in the top 96%.
Is New Zealand Energy's Return-on-Tangible-Equity too high?
New Zealand Energy's current Return-on-Tangible-Equity is 93.43%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. New Zealand Energy's value of 93.43% is 1288.3% above this industry median. Based on the distribution chart, New Zealand Energy ranks #906 out of 944 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, New Zealand Energy has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Zealand Energy's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, New Zealand Energy ranks #906 out of 944 companies for Return-on-Tangible-Equity. This places New Zealand Energy in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.73. New Zealand Energy's value of 93.43% is 1288.3% above this benchmark. 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. New Zealand Energy's current Return-on-Tangible-Equity of 93.43% is 1288.3% 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-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 New Zealand Energy 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. New Zealand Energy's current Return-on-Tangible-Equity is 93.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Zealand Energy stock overvalued right now?
Based on GuruFocus' analysis, New Zealand Energy (NZERF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.28 — trading 461.2% above its estimated fair value. The current Return-on-Tangible-Equity is 93.43% and 1288.3% above the Oil & Gas industry median of 6.73. New Zealand Energy's overall GF Score™ is 33/100 with 4 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 New Zealand Energy (NZERF), the current Return-on-Tangible-Equity is 93.43% as of Sep. 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 New Zealand Energy (NZERF) Overvalued in 2026?
Based on GuruFocus' analysis, New Zealand Energy stock appears to be overvalued.
The current stock price of $0.28 is trading 461.2% above its estimated GF Value™ of $0.05.
GuruFocus considers New Zealand Energy to be Significantly Overvalued.
Key valuation signals for NZERF:
Return-on-Tangible-Equity: 93.43%
GF Value™: $0.05 vs. price of $0.28 (461.2% above fair value)
Industry Position: 1288.3% above the Oil & Gas median (#906 of 944)
No single metric tells the full story. See the NZERF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Zealand Energy Corp is engaged in the exploration and production of oil and natural gas, as well as the operation of midstream assets. The company conducts its business as a single operating segment being the acquisition, exploration, development, and production of conventional oil and natural gas resources. Geographically, it operates through the region of New Zealand. It generates a majority of its revenues from Oil sales.
33GF Score
Get the complete analysis for NZERF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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