CDL Investments New ZealandNZSE:CDI 49 Return-on-Tangible-Equity is 4.73% as of Dec. 2025, which is 60% below its 10-year median of 11.86. GuruFocus rates NZSE:CDI with a GF Score™ of 49/100 and a GF Value™ of NZ$0.61 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,714 Real Estate companies, CDL Investments New Zealand ranks worse than 53.79% 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. CDL Investments New Zealand's annualized net income for the quarter that ended in Dec. 2025 was NZ$15.00 Mil. CDL Investments New Zealand's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NZ$317.43 Mil. Therefore, CDL Investments New Zealand's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 4.73%.
The historical rank and industry rank for CDL Investments New Zealand's Return-on-Tangible-Equity or its related term are showing as below:
NZSE:CDI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.45 Med: 11.86 Max: 18.49
Current: 3.48
During the past 13 years, CDL Investments New Zealand's highest Return-on-Tangible-Equity was 18.49%. The lowest was 3.45%. And the median was 11.86%.
NZSE:CDI's Return-on-Tangible-Equity is ranked worse than 53.79% of 1714
companies
in the Real Estate industry
Industry Median: 4.325
vs NZSE:CDI: 3.48
CDL Investments New Zealand (NZSE:CDI) 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.
CDL Investments New Zealand Return-on-Tangible-Equity Related Terms
CDL Investments New Zealand 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.
CDL Investments New Zealand Return-on-Tangible-Equity Chart
CDL Investments New Zealand Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Development subindustry, CDL Investments New Zealand'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.
CDL Investments New Zealand Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, CDL Investments New Zealand's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CDL Investments New Zealand'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 4.73% mean?
CDL Investments New Zealand (NZSE:CDI) has a Return-on-Tangible-Equity of 4.73% 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 CDL Investments New Zealand and its competitors. This is 60% below median its historical median of 11.86. Over the past decade, CDL Investments New Zealand's Return-on-Tangible-Equity has ranged from 3.45 to 18.49. According to the industry distribution chart, CDL Investments New Zealand ranks #922 out of 1714 companies in the Real Estate industry, placing it in the top 53.8%.
Is CDL Investments New Zealand's Return-on-Tangible-Equity too high?
CDL Investments New Zealand's current Return-on-Tangible-Equity of 4.73% is 60% below median its 10-year median of 11.86. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 18.49. The Real Estate industry median Return-on-Tangible-Equity is 4.33. CDL Investments New Zealand's value of 4.73% is 9.4% above this industry median. Based on the distribution chart, CDL Investments New Zealand ranks #922 out of 1714 companies in the Real Estate industry, which is below the industry midpoint. Overall, CDL Investments New Zealand has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CDL Investments New Zealand's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, CDL Investments New Zealand ranks #922 out of 1714 companies for Return-on-Tangible-Equity. This places CDL Investments New Zealand in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.33. CDL Investments New Zealand's value of 4.73% is 9.4% above this benchmark. Historically, CDL Investments New Zealand's own Return-on-Tangible-Equity has ranged from 3.45 to 18.49 over the past decade. While the company's 10-year median is 11.86 vs. the industry median of 4.33, CDL Investments 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-Equity for a Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.33, based on 1,714 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. CDL Investments New Zealand's current Return-on-Tangible-Equity of 4.73% is 9.4% 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 CDL Investments New Zealand and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDL Investments New Zealand's current Return-on-Tangible-Equity is 4.73%, which is 60% below median its own 10-year median of 11.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDL Investments New Zealand stock overvalued right now?
Based on GuruFocus' analysis, CDL Investments New Zealand (NZSE:CDI) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$0.61, compared to a current price of NZ$0.69 — trading 12.3% above its estimated fair value. The current Return-on-Tangible-Equity is 4.73%, which is 60% below median its 10-year median of 11.86 and 9.4% above the Real Estate industry median of 4.33. CDL Investments New Zealand's overall GF Score™ is 49/100 with 8 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 CDL Investments New Zealand (NZSE:CDI), the current Return-on-Tangible-Equity is 4.73% 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 CDL Investments New Zealand (NZSE:CDI) Overvalued in 2026?
Based on GuruFocus' analysis, CDL Investments New Zealand stock appears to be overvalued.
The current stock price of NZ$0.69 is trading 12.3% above its estimated GF Value™ of NZ$0.61.
GuruFocus considers CDL Investments New Zealand to be Modestly Overvalued.
Key valuation signals for NZSE:CDI:
Return-on-Tangible-Equity: 4.73% (60% below median its 10-year median of 11.86)
GF Value™: NZ$0.61 vs. price of NZ$0.69 (12.3% above fair value)
Industry Position: 9.4% above the Real Estate median (#922 of 1714)
No single metric tells the full story. See the NZSE:CDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CDL Investments New Zealand Ltd is engaged in land-based investment and development. The principal activity of the company is the development and sale of residential land properties. The operating segments of the Group consist of property operations, comprising the development and sale of residential land sections and rental income from development properties and investment properties. All revenues are derived in New Zealand.
49GF Score
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