Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Millenniumpthorne Hotels New Zealand's Return-on-Tangible-Equity or its related term are showing as below:
NZSE:MCK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.44 Med: 6.34 Max: 9.24
Current: 3.65
During the past 13 years, Millenniumpthorne Hotels New Zealand's highest Return-on-Tangible-Equity was 9.24%. The lowest was 0.44%. And the median was 6.34%.
NZSE:MCK's Return-on-Tangible-Equity is ranked worse than 61.03% of 793
companies
in the Travel & Leisure industry
Industry Median: 7.69
vs NZSE:MCK: 3.65
Millenniumpthorne Hotels New Zealand (NZSE:MCK) 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.
Millenniumpthorne Hotels New Zealand Return-on-Tangible-Equity Related Terms
Millenniumpthorne Hotels 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.
Millenniumpthorne Hotels New Zealand Return-on-Tangible-Equity Chart
NZSE:MCK vs MAR, HLT, H: Return-on-Tangible-Equity Comparison
For the Lodging subindustry, Millenniumpthorne Hotels 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.
Millenniumpthorne Hotels New Zealand Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels New Zealand's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Millenniumpthorne Hotels 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 4.87% mean?
Millenniumpthorne Hotels New Zealand (NZSE:MCK) has a Return-on-Tangible-Equity of 4.87% 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 Millenniumpthorne Hotels New Zealand and its competitors. This is 23% below median its historical median of 6.34. Over the past decade, Millenniumpthorne Hotels New Zealand's Return-on-Tangible-Equity has ranged from 0.44 to 9.24. According to the industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #484 out of 793 companies in the Travel & Leisure industry, placing it in the top 61%.
Is Millenniumpthorne Hotels New Zealand's Return-on-Tangible-Equity too high?
Millenniumpthorne Hotels New Zealand's current Return-on-Tangible-Equity of 4.87% is 23% below median its 10-year median of 6.34. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 9.24. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.69. Millenniumpthorne Hotels New Zealand's value of 4.87% is 36.7% below this industry median. Based on the distribution chart, Millenniumpthorne Hotels New Zealand ranks #484 out of 793 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Millenniumpthorne Hotels New Zealand has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millenniumpthorne Hotels New Zealand's Return-on-Tangible-Equity compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #484 out of 793 companies for Return-on-Tangible-Equity. This places Millenniumpthorne Hotels New Zealand in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.69. Millenniumpthorne Hotels New Zealand's value of 4.87% is 36.7% below this benchmark. Historically, Millenniumpthorne Hotels New Zealand's own Return-on-Tangible-Equity has ranged from 0.44 to 9.24 over the past decade. While the company's 10-year median is 6.34 vs. the industry median of 7.69, Millenniumpthorne Hotels New Zealand 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.69, based on 793 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. Millenniumpthorne Hotels New Zealand's current Return-on-Tangible-Equity of 4.87% is 36.7% 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 Millenniumpthorne Hotels New Zealand and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millenniumpthorne Hotels New Zealand's current Return-on-Tangible-Equity is 4.87%, which is 23% below median its own 10-year median of 6.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millenniumpthorne Hotels New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand (NZSE:MCK) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$2.69, compared to a current price of NZ$3.23 — trading 20.1% above its estimated fair value. The current Return-on-Tangible-Equity is 4.87%, which is 23% below median its 10-year median of 6.34 and 36.7% below the Travel & Leisure industry median of 7.69. Millenniumpthorne Hotels New Zealand's overall GF Score™ is 77/100 with 9 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK), the current Return-on-Tangible-Equity is 4.87% 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK) Overvalued in 2026?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand stock appears to be overvalued.
The current stock price of NZ$3.23 is trading 20.1% above its estimated GF Value™ of NZ$2.69.
GuruFocus considers Millenniumpthorne Hotels New Zealand to be Modestly Overvalued.
Key valuation signals for NZSE:MCK:
Return-on-Tangible-Equity: 4.87% (23% below median its 10-year median of 6.34)
GF Value™: NZ$2.69 vs. price of NZ$3.23 (20.1% above fair value)
Industry Position: 36.7% below the Travel & Leisure median (#484 of 793)
No single metric tells the full story. See the NZSE:MCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millenniumpthorne Hotels New Zealand Business Description
Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. The Group is also involved in the development and sale of residential land in New Zealand; investment properties comprising commercial warehousing and retail shops in New Zealand; and the development and sale of residential units in Australia. Its operating segments are: Hotel operations, Residential land development, Investment property, and Residential and commercial property development. Maximum revenue is generated from the Hotel operations segment, which includes income from the ownership and management of hotels. Geographically, the Group generates maximum revenue from New Zealand, and the rest from Australia.
77GF Score
Get the complete analysis for NZSE:MCK
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NZSE:MCK has been successfully added to your 
