Green Cross Health (NZSE:GXH) ROA %: 6.73% (As of Mar. 2026) — 18% Above Median


NZSE:GXH Green Cross Health Ltd NZSE:GXH
63 GF Score
Price NZ$2.00
GF Value NZ$1.08
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Green Cross Health ROA %?

Green Cross Health NZSE:GXH +1.01% 63 ROA % is 6.73% as of Mar. 2026, which is 18% above its 10-year median of 5.72. GuruFocus rates NZSE:GXH with a GF Score™ of 63/100 and a GF Value™ of NZ$1.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 683 Healthcare Providers & Services companies, Green Cross Health ranks better than 69.11% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Green Cross Health's annualized Net Income for the quarter that ended in Mar. 2026 was NZ$26.4 Mil. Green Cross Health's average Total Assets over the quarter that ended in Mar. 2026 was NZ$392.5 Mil. Therefore, Green Cross Health's annualized ROA % for the quarter that ended in Mar. 2026 was 6.73%.

The historical rank and industry rank for Green Cross Health's ROA % or its related term are showing as below:

NZSE:GXH' s ROA % Range Over the Past 10 Years
Min: 3   Med: 5.72   Max: 11.17
Current: 5.22

During the past 13 years, Green Cross Health's highest ROA % was 11.17%. The lowest was 3.00%. And the median was 5.72%.

NZSE:GXH's ROA % is ranked better than
69.11% of 683 companies
in the Healthcare Providers & Services industry
Industry Median: 1.77 vs NZSE:GXH: 5.22

Green Cross Health  (NZSE:GXH) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=26.42/392.479
=(Net Income / Revenue)*(Revenue / Total Assets)
=(26.42 / 560.136)*(560.136 / 392.479)
=Net Margin %*Asset Turnover
=4.72 %*1.4272
=6.73 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Green Cross Health ROA % Related Terms


Green Cross Health ROA % Historical Data

* Premium members only.

The historical data trend for Green Cross Health's ROA % 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.

Green Cross Health ROA % Chart

Green Cross Health Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.35 11.17 3.00 4.15 5.24

Green Cross Health Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROA % 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 3.24 2.91 5.31 3.69 6.73

Green Cross Health ROA % Competitor Comparison

For the Pharmaceutical Retailers subindustry, Green Cross Health's ROA %, along with its competitors' market caps and ROA % 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.


Green Cross Health ROA % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Green Cross Health's ROA % distribution charts can be found below:

* The bar in red indicates where Green Cross Health's ROA % falls into.


NZSE:GXH
63GF Score
Green Cross Health Ltd NZSE:GXH
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Green Cross Health ROA % Calculation

Green Cross Health's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=20.395/( (386.237+392.027)/ 2 )
=20.395/389.132
=5.24 %

Green Cross Health's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=26.42/( (392.931+392.027)/ 2 )
=26.42/392.479
=6.73 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 6.73% mean?
Green Cross Health (NZSE:GXH) has a ROA % of 6.73% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Green Cross Health and its competitors. This is 18% above median its historical median of 5.72. Over the past decade, Green Cross Health's ROA % has ranged from 3.00 to 11.17. According to the industry distribution chart, Green Cross Health ranks #211 out of 683 companies in the Healthcare Providers & Services industry, placing it in the top 30.9%.
Is Green Cross Health's ROA % too high?
Green Cross Health's current ROA % of 6.73% is 18% above median its 10-year median of 5.72. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 11.17. The Healthcare Providers & Services industry median ROA % is 1.77. Green Cross Health's value of 6.73% is 280.2% above this industry median. Based on the distribution chart, Green Cross Health ranks #211 out of 683 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Green Cross Health has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Green Cross Health's ROA % compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Green Cross Health ranks #211 out of 683 companies for ROA %. This puts Green Cross Health in the upper half of its industry. The industry median ROA % is 1.77. Green Cross Health's value of 6.73% is 280.2% above this benchmark. Historically, Green Cross Health's own ROA % has ranged from 3.00 to 11.17 over the past decade. While the company's 10-year median is 5.72 vs. the industry median of 1.77, Green Cross Health 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 ROA % for a Healthcare Providers & Services company?
The median ROA % among Healthcare Providers & Services companies is 1.77, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Green Cross Health's current ROA % of 6.73% is 280.2% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Green Cross Health and its competitors. For the Healthcare Providers & Services industry, the median ROA % is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Cross Health's current ROA % is 6.73%, which is 18% above median its own 10-year median of 5.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Cross Health stock overvalued right now?
Based on GuruFocus' analysis, Green Cross Health (NZSE:GXH) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$1.08, compared to a current price of NZ$2.00 — trading 85.2% above its estimated fair value. The current ROA % is 6.73%, which is 18% above median its 10-year median of 5.72 and 280.2% above the Healthcare Providers & Services industry median of 1.77. Green Cross Health's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Green Cross Health (NZSE:GXH), the current ROA % is 6.73% 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.

Is Green Cross Health (NZSE:GXH) Overvalued in 2026?

Based on GuruFocus' analysis, Green Cross Health stock appears to be overvalued. The current stock price of NZ$2.00 is trading 85.2% above its estimated GF Value™ of NZ$1.08. GuruFocus considers Green Cross Health to be Significantly Overvalued.

Key valuation signals for NZSE:GXH:

  • ROA %: 6.73% (18% above median its 10-year median of 5.72)
  • GF Value™: NZ$1.08 vs. price of NZ$2.00 (85.2% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 280.2% above the Healthcare Providers & Services median (#211 of 683)

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


Green Cross Health Business Description

Address 602 Great South Road, Ellerslie, Ground Floor, Building B, Millennium Centre, Auckland, NTL, NZL, 1051
Green Cross Health Ltd is engaged in providing healthcare services in New Zealand. The reportable segments of the group are Pharmacy services and medical services. The majority of the revenue is generated from the Pharmacy services segment. The pharmacy services segment provides retail and dispensary services, and the medical services segment provides GP, nursing, and urgent care services. The majority of its revenue is generated from the pharmacy segment.
63GF Score

Get the complete analysis for NZSE:GXH

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$2.00
Price
NZ$1.08
GF Value