ANZFF (Air New Zealand) ROCE %: 0.45% (As of Dec. 2025)


ANZFF Air New Zealand Ltd ANZFF
38 GF Score
Price $0.25
GF Value $0.38
Valuation Possible Value Trap
! 6 Warning Signs
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What is Air New Zealand ROCE %?

Air New Zealand ANZFF 38 ROCE % is 0.45% as of Dec. 2025. GuruFocus rates ANZFF with a GF Score™ of 38/100 and a GF Value™ of $0.38 (Possible Value Trap). The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Air New Zealand's annualized ROCE % for the quarter that ended in Dec. 2025 was 0.45%.

Air New Zealand  (OTCPK:ANZFF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Air New Zealand ROCE % Related Terms

Air New Zealand ROCE % Historical Data

* Premium members only.

The historical data trend for Air New Zealand's ROCE % 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.

Air New Zealand ROCE % Chart

Air New Zealand Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.92 -14.27 13.77 7.92 6.98

Air New Zealand Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % 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 10.79 4.95 8.99 4.24 0.45
ANZFF
38GF Score
Air New Zealand Ltd ANZFF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Air New Zealand ROCE % Calculation

Air New Zealand's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=203.983/( ( (5247.391 - 2209.331) + (5269.161 - 2461.678) )/ 2 )
=203.983/( (3038.06+2807.483)/ 2 )
=203.983/2922.7715
=6.98 %

Air New Zealand's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=12.732/( ( (5269.161 - 2461.678) + (5286.458 - 2400.463) )/ 2 )
=12.732/( ( 2807.483 + 2885.995 )/ 2 )
=12.732/2846.739
=0.45 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.45% mean?
Air New Zealand (ANZFF) has a ROCE % of 0.45% as of Dec. 2025.
Is Air New Zealand's ROCE % too high?
Air New Zealand's current ROCE % is 0.45%. The Transportation industry median ROCE % is 7.74. Air New Zealand's value of 0.45% is 94.2% below this industry median. Overall, Air New Zealand has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Air New Zealand's ROCE % compare to DAL and UAL?
Air New Zealand's ROCE % of 0.45% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.74. Air New Zealand's value of 0.45% is 94.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Transportation company?
The median ROCE % among Transportation companies is 7.74, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air New Zealand's current ROCE % of 0.45% is 94.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air New Zealand's current ROCE % is 0.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Air New Zealand (ANZFF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.38, compared to a current price of $0.25 — trading 35% below its estimated fair value. The current ROCE % is 0.45% and 94.2% below the Transportation industry median of 7.74. Air New Zealand's overall GF Score™ is 38/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Air New Zealand (ANZFF), the current ROCE % is 0.45% 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 Air New Zealand (ANZFF) Overvalued in 2026?

Based on GuruFocus' analysis, Air New Zealand stock appears to be undervalued. The current stock price of $0.25 is trading 35% below its estimated GF Value™ of $0.38. GuruFocus considers Air New Zealand to be Possible Value Trap.

Key valuation signals for ANZFF:

  • ROCE %: 0.45%
  • GF Value™: $0.38 vs. price of $0.25 (35% below fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 94.2% below the Transportation median

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

Air New Zealand Business Description

Address 185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
Air New Zealand, majority owned by the New Zealand government, provides air passenger and cargo transport services within New Zealand as well as to and from Australia, the Southwest Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market with around 80% share, although the majority of revenue is derived from international and trans-Tasman activity.
38GF Score

Get the complete analysis for ANZFF

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

$0.25
Price
$0.38
GF Value