Delegat GroupNZSE:DGL -0.47%77 Return-on-Tangible-Equity is 7.83% as of Dec. 2025, which is 42% below its 10-year median of 13.39. GuruFocus rates NZSE:DGL with a GF Score™ of 77/100 and a GF Value™ of NZ$5.15 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 200 Beverages - Alcoholic companies, Delegat Group ranks better than 55.5% 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. Delegat Group's annualized net income for the quarter that ended in Dec. 2025 was NZ$45.6 Mil. Delegat Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NZ$582.6 Mil. Therefore, Delegat Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 7.83%.
The historical rank and industry rank for Delegat Group's Return-on-Tangible-Equity or its related term are showing as below:
NZSE:DGL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.77 Med: 13.39 Max: 18.6
Current: 10.41
During the past 13 years, Delegat Group's highest Return-on-Tangible-Equity was 18.60%. The lowest was 5.77%. And the median was 13.39%.
NZSE:DGL's Return-on-Tangible-Equity is ranked better than 55.5% of 200
companies
in the Beverages - Alcoholic industry
Industry Median: 8.65
vs NZSE:DGL: 10.41
Delegat Group (NZSE:DGL) 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.
Delegat Group Return-on-Tangible-Equity Related Terms
Delegat Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Delegat Group'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:DGL vs BF.B: Return-on-Tangible-Equity Comparison
For the Beverages - Wineries & Distilleries subindustry, Delegat Group'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.
Delegat Group Return-on-Tangible-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Delegat Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Delegat Group'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 7.83% mean?
Delegat Group (NZSE:DGL) has a Return-on-Tangible-Equity of 7.83% 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 Delegat Group and its competitors. This is 42% below median its historical median of 13.39. Over the past decade, Delegat Group's Return-on-Tangible-Equity has ranged from 5.77 to 18.60. According to the industry distribution chart, Delegat Group ranks #89 out of 200 companies in the Beverages - Alcoholic industry, placing it in the top 44.5%.
Is Delegat Group's Return-on-Tangible-Equity too high?
Delegat Group's current Return-on-Tangible-Equity of 7.83% is 42% below median its 10-year median of 13.39. Over the past 10 years, this metric has ranged from a low of 5.77 to a high of 18.60. The Beverages - Alcoholic industry median Return-on-Tangible-Equity is 8.65. Delegat Group's value of 7.83% is 9.5% below this industry median. Based on the distribution chart, Delegat Group ranks #89 out of 200 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Delegat Group has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Delegat Group's Return-on-Tangible-Equity compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Delegat Group ranks #89 out of 200 companies for Return-on-Tangible-Equity. This puts Delegat Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.65. Delegat Group's value of 7.83% is 9.5% below this benchmark. Historically, Delegat Group's own Return-on-Tangible-Equity has ranged from 5.77 to 18.60 over the past decade. While the company's 10-year median is 13.39 vs. the industry median of 8.65, Delegat Group 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Alcoholic companies is 8.65, based on 200 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. Delegat Group's current Return-on-Tangible-Equity of 7.83% is 9.5% 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 Delegat Group and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delegat Group's current Return-on-Tangible-Equity is 7.83%, which is 42% below median its own 10-year median of 13.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delegat Group stock overvalued right now?
Based on GuruFocus' analysis, Delegat Group (NZSE:DGL) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$5.15, compared to a current price of NZ$4.20 — trading 18.4% below its estimated fair value. The current Return-on-Tangible-Equity is 7.83%, which is 42% below median its 10-year median of 13.39 and 9.5% below the Beverages - Alcoholic industry median of 8.65. Delegat Group's overall GF Score™ is 77/100 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 Delegat Group (NZSE:DGL), the current Return-on-Tangible-Equity is 7.83% 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 Delegat Group (NZSE:DGL) Overvalued in 2026?
Based on GuruFocus' analysis, Delegat Group stock appears to be undervalued.
The current stock price of NZ$4.20 is trading 18.4% below its estimated GF Value™ of NZ$5.15.
GuruFocus considers Delegat Group to be Modestly Undervalued.
Key valuation signals for NZSE:DGL:
Return-on-Tangible-Equity: 7.83% (42% below median its 10-year median of 13.39)
GF Value™: NZ$5.15 vs. price of NZ$4.20 (18.4% below fair value)
Industry Position: 9.5% below the Beverages - Alcoholic median (#89 of 200)
No single metric tells the full story. See the NZSE:DGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delegat Group Ltd is a wine production and distribution company. It markets its products under the Oyster Bay and Barossa Valley Estate brands. The group's primary source of revenue is derived by providing wine to third-party retailers and distributors. Its segments are Delegat Limited, Delegat Australia Pty Ltd, Delegat Europe Limited, Delegat USA, Inc and Others. The group generates the majority of the revenue from Delegat Limited. Geographically, it operates in Australia, United States of America, New Zealand and Others.
77GF Score
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