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ComvitaNZSE:CVT +2.11%55 Return-on-Tangible-Equity is 16.23% as of Dec. 2025, which is 193% above its 10-year median of 5.53. GuruFocus rates NZSE:CVT with a GF Score™ of 55/100 and a GF Value™ of NZ$1.19 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,878 Consumer Packaged Goods companies, Comvita ranks worse than 97.34% 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. Comvita's annualized net income for the quarter that ended in Dec. 2025 was NZ$9.2 Mil. Comvita's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NZ$56.6 Mil. Therefore, Comvita's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 16.23%.
The historical rank and industry rank for Comvita's Return-on-Tangible-Equity or its related term are showing as below:
NZSE:CVT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -109.33 Med: 5.53 Max: 17.15
Current: -109.33
During the past 13 years, Comvita's highest Return-on-Tangible-Equity was 17.15%. The lowest was -109.33%. And the median was 5.53%.
NZSE:CVT's Return-on-Tangible-Equity is ranked worse than 97.34% of 1878
companies
in the Consumer Packaged Goods industry
Industry Median: 7.78
vs NZSE:CVT: -109.33
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.
Comvita Return-on-Tangible-Equity Related Terms
Comvita Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Comvita'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.
NZSE:CVT vs KHC, GIS, HRL: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, Comvita'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.
Comvita Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Comvita's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Comvita'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 16.23% mean?
Comvita (NZSE:CVT) has a Return-on-Tangible-Equity of 16.23% 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 Comvita and its competitors. This is 193% above median its historical median of 5.53. According to the industry distribution chart, Comvita ranks #1828 out of 1878 companies in the Consumer Packaged Goods industry, placing it in the top 97.3%.
Is Comvita's Return-on-Tangible-Equity too high?
Comvita's current Return-on-Tangible-Equity of 16.23% is 193% above median its 10-year median of 5.53. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.78. Comvita's value of 16.23% is 108.6% above this industry median. Based on the distribution chart, Comvita ranks #1828 out of 1878 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Comvita has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comvita's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Comvita ranks #1828 out of 1878 companies for Return-on-Tangible-Equity. This places Comvita in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.78. Comvita's value of 16.23% is 108.6% above this benchmark. While the company's 10-year median is 5.53 vs. the industry median of 7.78, Comvita 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.78, based on 1,878 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. Comvita's current Return-on-Tangible-Equity of 16.23% is 108.6% 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 Comvita and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comvita's current Return-on-Tangible-Equity is 16.23%, which is 193% above median its own 10-year median of 5.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comvita stock overvalued right now?
Based on GuruFocus' analysis, Comvita (NZSE:CVT) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$1.19, compared to a current price of NZ$0.73 — trading 39.1% below its estimated fair value. The current Return-on-Tangible-Equity is 16.23%, which is 193% above median its 10-year median of 5.53 and 108.6% above the Consumer Packaged Goods industry median of 7.78. Comvita's overall GF Score™ is 55/100 with 10 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 Comvita (NZSE:CVT), the current Return-on-Tangible-Equity is 16.23% 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 Comvita (NZSE:CVT) Overvalued in 2026?
Based on GuruFocus' analysis, Comvita stock appears to be undervalued.
The current stock price of NZ$0.73 is trading 39.1% below its estimated GF Value™ of NZ$1.19.
GuruFocus considers Comvita to be Possible Value Trap.
Key valuation signals for NZSE:CVT:
Return-on-Tangible-Equity: 16.23% (193% above median its 10-year median of 5.53)
GF Value™: NZ$1.19 vs. price of NZ$0.73 (39.1% below fair value)
Industry Position: 108.6% above the Consumer Packaged Goods median (#1828 of 1878)
No single metric tells the full story. See the NZSE:CVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Comvita Ltd is a New Zealand based company. It is engaged in the development and marketing of natural health and wellbeing products. Its products include manuka honey, manuka honey extract, nutritional oils, royal jelly, olive leaf extract, and other products. The company's geographical segments include Greater China, ANZ, Rest of Asia, North America, and EMEA. It derives a majority of its revenue from Greater China.
55GF Score
Get the complete analysis for NZSE:CVT
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