Skellerup Holdings (NZSE:SKL) Return-on-Tangible-Equity: 33.62% (As of Dec. 2025) — 29% Above Median

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NZSE:SKL Skellerup Holdings Ltd NZSE:SKL
97 GF Score
Price NZ$6.95
GF Value NZ$5.61
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Skellerup Holdings Return-on-Tangible-Equity?

Skellerup Holdings NZSE:SKL +0.29% 97 Return-on-Tangible-Equity is 33.62% as of Dec. 2025, which is 29% above its 10-year median of 26.00. GuruFocus rates NZSE:SKL with a GF Score™ of 97/100 and a GF Value™ of NZ$5.61 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,973 Industrial Products companies, Skellerup Holdings ranks better than 92.73% 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. Skellerup Holdings's annualized net income for the quarter that ended in Dec. 2025 was NZ$57.9 Mil. Skellerup Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NZ$172.1 Mil. Therefore, Skellerup Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 33.62%.

The historical rank and industry rank for Skellerup Holdings's Return-on-Tangible-Equity or its related term are showing as below:

NZSE:SKL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 18.58   Med: 26   Max: 35.27
Current: 35.27

During the past 13 years, Skellerup Holdings's highest Return-on-Tangible-Equity was 35.27%. The lowest was 18.58%. And the median was 26.00%.

NZSE:SKL's Return-on-Tangible-Equity is ranked better than
92.73% of 2973 companies
in the Industrial Products industry
Industry Median: 6.76 vs NZSE:SKL: 35.27

Skellerup Holdings  (NZSE:SKL) 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.


Skellerup Holdings Return-on-Tangible-Equity Related Terms


Skellerup Holdings Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Skellerup Holdings'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.

Skellerup Holdings Return-on-Tangible-Equity Chart

Skellerup Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.12 33.55 33.32 29.09 32.46

Skellerup Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.70 31.95 29.90 36.49 33.62

NZSE:SKL vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison

For the Specialty Industrial Machinery subindustry, Skellerup Holdings'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.


Skellerup Holdings Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Skellerup Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Skellerup Holdings's Return-on-Tangible-Equity falls into.


NZSE:SKL
97GF Score
Skellerup Holdings Ltd NZSE:SKL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Skellerup Holdings Return-on-Tangible-Equity Calculation

Skellerup Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=54.549/( (163.391+172.679 )/ 2 )
=54.549/168.035
=32.46 %

Skellerup Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=57.858/( (172.679+171.524)/ 2 )
=57.858/172.1015
=33.62 %

* 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 33.62% mean?
Skellerup Holdings (NZSE:SKL) has a Return-on-Tangible-Equity of 33.62% 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 Skellerup Holdings and its competitors. This is 29% above median its historical median of 26.00. Over the past decade, Skellerup Holdings' Return-on-Tangible-Equity has ranged from 18.58 to 35.27. According to the industry distribution chart, Skellerup Holdings ranks #216 out of 2973 companies in the Industrial Products industry, placing it in the top 7.3%.
Is Skellerup Holdings' Return-on-Tangible-Equity too high?
Skellerup Holdings' current Return-on-Tangible-Equity of 33.62% is 29% above median its 10-year median of 26.00. Over the past 10 years, this metric has ranged from a low of 18.58 to a high of 35.27. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Skellerup Holdings' value of 33.62% is 397.3% above this industry median. Based on the distribution chart, Skellerup Holdings ranks #216 out of 2973 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Skellerup Holdings has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Skellerup Holdings' Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Skellerup Holdings ranks #216 out of 2973 companies for Return-on-Tangible-Equity. This places Skellerup Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.76. Skellerup Holdings' value of 33.62% is 397.3% above this benchmark. Historically, Skellerup Holdings' own Return-on-Tangible-Equity has ranged from 18.58 to 35.27 over the past decade. While the company's 10-year median is 26.00 vs. the industry median of 6.76, Skellerup Holdings 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,973 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. Skellerup Holdings's current Return-on-Tangible-Equity of 33.62% is 397.3% 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 Skellerup Holdings and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skellerup Holdings's current Return-on-Tangible-Equity is 33.62%, which is 29% above median its own 10-year median of 26.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skellerup Holdings stock overvalued right now?
Based on GuruFocus' analysis, Skellerup Holdings (NZSE:SKL) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$5.61, compared to a current price of NZ$6.95 — trading 23.9% above its estimated fair value. The current Return-on-Tangible-Equity is 33.62%, which is 29% above median its 10-year median of 26.00 and 397.3% above the Industrial Products industry median of 6.76. Skellerup Holdings' overall GF Score™ is 97/100 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 Skellerup Holdings (NZSE:SKL), the current Return-on-Tangible-Equity is 33.62% 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 Skellerup Holdings (NZSE:SKL) Overvalued in 2026?

Based on GuruFocus' analysis, Skellerup Holdings stock appears to be overvalued. The current stock price of NZ$6.95 is trading 23.9% above its estimated GF Value™ of NZ$5.61. GuruFocus considers Skellerup Holdings to be Modestly Overvalued.

Key valuation signals for NZSE:SKL:

  • Return-on-Tangible-Equity: 33.62% (29% above median its 10-year median of 26.00)
  • GF Value™: NZ$5.61 vs. price of NZ$6.95 (23.9% above fair value)
  • GF Score™: 97/100 with 5 warning signs
  • Industry Position: 397.3% above the Industrial Products median (#216 of 2973)

No single metric tells the full story. See the NZSE:SKL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Skellerup Holdings Business Description

Address Level 3, 205 Great South Road, Greenlane, Auckland, NTL, NZL, 1051
Skellerup Holdings Ltd is engaged in the design, manufacture, and distribution of engineered products for a variety of specialist industrial and agricultural applications. The company operates in operations are split into two units: the Agri Division, a world provider of food grade dairy rubberware, filters, and animal health products to the dairy industry; and the Industrial Division, is a specialist for technically demanding products used in water, roofing, plumbing, sport and leisure, electrical, health and hygiene, automotive and mining applications. Its geographical segments include New Zealand, Australia, North America, Europe, the United Kingdom, Ireland, Asia, and others.
97GF Score

Get the complete analysis for NZSE:SKL

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$6.95
Price
NZ$5.61
GF Value