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WasteCo GroupNZSE:WCO Return-on-Tangible-Equity is 0.00% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 224 Waste Management companies, WasteCo Group ranks worse than 99.55% 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. WasteCo Group's annualized net income for the quarter that ended in Mar. 2026 was NZ$-14.77 Mil. WasteCo Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NZ$-1.08 Mil. Therefore, WasteCo Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was N/A%.
The historical rank and industry rank for WasteCo Group's Return-on-Tangible-Equity or its related term are showing as below:
NZSE:WCO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1389.65 Med: -42.19 Max: 34.7
Current: -968.94
During the past 13 years, WasteCo Group's highest Return-on-Tangible-Equity was 34.70%. The lowest was -1,389.65%. And the median was -42.19%.
NZSE:WCO's Return-on-Tangible-Equity is ranked worse than 99.55% of 224
companies
in the Waste Management industry
Industry Median: 9.575
vs NZSE:WCO: -968.94
WasteCo Group (NZSE:WCO) 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.
WasteCo Group Return-on-Tangible-Equity Related Terms
WasteCo Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for WasteCo 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:WCO vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, WasteCo 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.
WasteCo Group Return-on-Tangible-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, WasteCo Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where WasteCo 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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
WasteCo Group (NZSE:WCO) has a Return-on-Tangible-Equity of 0.00% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on WasteCo Group and its competitors. According to the industry distribution chart, WasteCo Group ranks #223 out of 224 companies in the Waste Management industry, placing it in the top 99.6%.
Is WasteCo Group's Return-on-Tangible-Equity too high?
WasteCo Group's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, WasteCo Group ranks #223 out of 224 companies in the Waste Management industry, which is in the bottom quartile relative to peers.
How does WasteCo Group's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, WasteCo Group ranks #223 out of 224 companies for Return-on-Tangible-Equity. This places WasteCo Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.58. 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 Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.58, based on 224 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. 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 WasteCo Group and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WasteCo Group's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WasteCo Group stock overvalued right now?
Based on GuruFocus' analysis, WasteCo Group (NZSE:WCO) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.03, compared to a current price of NZ$0.01 — trading 80% below its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. 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 WasteCo Group (NZSE:WCO), the current Return-on-Tangible-Equity is 0.00% as of Mar. 2026. 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.
WasteCo Group Ltd provides solutions in the collection of waste and recycling, sweeping services, and industrial cleaning services, with waste and recycling generating maximum revenue. The Group is a waste management provider committed to smarter, safer and more sustainable waste solutions. Its services are provided across the residential, commercial and council sectors and include wheelie bins, skip hire, water delivery, septic tank cleaning and hydrovac services.
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