MGHTF (Mercury NZ) ROCE %: 1.65% (As of Dec. 2025)


MGHTF Mercury NZ Ltd MGHTF
78 GF Score
Price $4.37
GF Value $4.06
Valuation Fairly Valued
! 11 Warning Signs
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What is Mercury NZ ROCE %?

Mercury NZ MGHTF +8.44% 78 ROCE % is 1.65% as of Dec. 2025. GuruFocus rates MGHTF with a GF Score™ of 78/100 and a GF Value™ of $4.06 (Fairly Valued). The stock has 11 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. Mercury NZ's annualized ROCE % for the quarter that ended in Dec. 2025 was 1.65%.

Mercury NZ  (OTCPK:MGHTF) 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.

Mercury NZ ROCE % Related Terms

Mercury NZ ROCE % Historical Data

* Premium members only.

The historical data trend for Mercury NZ'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.

Mercury NZ ROCE % Chart

Mercury NZ 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 3.65 7.08 2.86 6.53 1.30

Mercury NZ 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 7.43 5.71 -0.66 3.36 1.65
MGHTF
78GF Score
Mercury NZ Ltd MGHTF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercury NZ ROCE % Calculation

Mercury NZ'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 )
=69.403/( ( (6012.891 - 793.125) + (6009.656 - 514.182) )/ 2 )
=69.403/( (5219.766+5495.474)/ 2 )
=69.403/5357.62
=1.30 %

Mercury NZ'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 )
=87.962/( ( (6009.656 - 514.182) + (5722.222 - 564.236) )/ 2 )
=87.962/( ( 5495.474 + 5157.986 )/ 2 )
=87.962/5326.73
=1.65 %

(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 1.65% mean?
Mercury NZ (MGHTF) has a ROCE % of 1.65% as of Dec. 2025.
Is Mercury NZ's ROCE % too high?
Mercury NZ's current ROCE % is 1.65%. The Utilities - Independent Power Producers industry median ROCE % is 4.79. Mercury NZ's value of 1.65% is 65.6% below this industry median. Overall, Mercury NZ has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mercury NZ's ROCE % compare to competitors?
Mercury NZ's ROCE % of 1.65% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.79. Mercury NZ's value of 1.65% is 65.6% 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 an Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.79, based on 437 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. Mercury NZ's current ROCE % of 1.65% is 65.6% 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 Utilities - Independent Power Producers industry, the median ROCE % is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury NZ's current ROCE % is 1.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury NZ stock overvalued right now?
Based on GuruFocus' analysis, Mercury NZ (MGHTF) is currently considered Fairly Valued. The stock's GF Value™ is $4.06, compared to a current price of $4.37 — trading 7.6% above its estimated fair value. The current ROCE % is 1.65% and 65.6% below the Utilities - Independent Power Producers industry median of 4.79. Mercury NZ's overall GF Score™ is 78/100 with 11 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 Mercury NZ (MGHTF), the current ROCE % is 1.65% 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 Mercury NZ (MGHTF) Overvalued in 2026?

Based on GuruFocus' analysis, Mercury NZ stock appears to be overvalued. The current stock price of $4.37 is trading 7.6% above its estimated GF Value™ of $4.06. GuruFocus considers Mercury NZ to be Fairly Valued.

Key valuation signals for MGHTF:

  • ROCE %: 1.65%
  • GF Value™: $4.06 vs. price of $4.37 (7.6% above fair value)
  • GF Score™: 78/100 with 11 warning signs
  • Industry Position: 65.6% below the Utilities - Independent Power Producers median

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

Mercury NZ Business Description

Address 33 Broadway, The Mercury Building, Newmarket, Auckland, NTL, NZL, 1023
Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.
78GF Score

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

$4.37
Price
$4.06
GF Value