South Port New Zealand (NZSE:SPN) ROCE %: 24.76% (As of Dec. 2025)


NZSE:SPN South Port New Zealand Ltd NZSE:SPN
96 GF Score
Price NZ$8.45
GF Value NZ$8.41
Valuation Fairly Valued
! 6 Warning Signs
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What is South Port New Zealand ROCE %?

South Port New Zealand NZSE:SPN -0.59% 96 ROCE % is 24.76% as of Dec. 2025. GuruFocus rates NZSE:SPN with a GF Score™ of 96/100 and a GF Value™ of NZ$8.41 (Fairly Valued). 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. South Port New Zealand's annualized ROCE % for the quarter that ended in Dec. 2025 was 24.76%.

South Port New Zealand  (NZSE:SPN) 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.

South Port New Zealand ROCE % Related Terms

South Port New Zealand ROCE % Historical Data

* Premium members only.

The historical data trend for South Port 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.

South Port New Zealand ROCE % Chart

South Port 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 44.41 33.43 27.62 23.42 23.43

South Port 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 14.65 23.35 22.56 21.33 24.76
NZSE:SPN
96GF Score
South Port New Zealand Ltd NZSE:SPN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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South Port New Zealand ROCE % Calculation

South Port 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 )
=20.674/( ( (82.067 - 6.075) + (109.667 - 9.202) )/ 2 )
=20.674/( (75.992+100.465)/ 2 )
=20.674/88.2285
=23.43 %

South Port 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 )
=25.29/( ( (109.667 - 9.202) + (113.099 - 9.309) )/ 2 )
=25.29/( ( 100.465 + 103.79 )/ 2 )
=25.29/102.1275
=24.76 %

(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 24.76% mean?
South Port New Zealand (NZSE:SPN) has a ROCE % of 24.76% as of Dec. 2025.
Is South Port New Zealand's ROCE % too high?
South Port New Zealand's current ROCE % is 24.76%. The Transportation industry median ROCE % is 7.74. South Port New Zealand's value of 24.76% is 219.9% above this industry median. Overall, South Port New Zealand has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does South Port New Zealand's ROCE % compare to competitors?
South Port New Zealand's ROCE % of 24.76% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.74. South Port New Zealand's value of 24.76% is 219.9% above 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. South Port New Zealand's current ROCE % of 24.76% is 219.9% 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 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. South Port New Zealand's current ROCE % is 24.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Port New Zealand stock overvalued right now?
Based on GuruFocus' analysis, South Port New Zealand (NZSE:SPN) is currently considered Fairly Valued. The stock's GF Value™ is NZ$8.41, compared to a current price of NZ$8.45 — trading 0.5% above its estimated fair value. The current ROCE % is 24.76% and 219.9% above the Transportation industry median of 7.74. South Port New Zealand's overall GF Score™ is 96/100 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 South Port New Zealand (NZSE:SPN), the current ROCE % is 24.76% 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 South Port New Zealand (NZSE:SPN) Overvalued in 2026?

Based on GuruFocus' analysis, South Port New Zealand stock appears to be overvalued. The current stock price of NZ$8.45 is trading 0.5% above its estimated GF Value™ of NZ$8.41. GuruFocus considers South Port New Zealand to be Fairly Valued.

Key valuation signals for NZSE:SPN:

  • ROCE %: 24.76%
  • GF Value™: NZ$8.41 vs. price of NZ$8.45 (0.5% above fair value)
  • GF Score™: 96/100 with 6 warning signs
  • Industry Position: 219.9% above the Transportation median

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

South Port New Zealand Business Description

Address 251 Foreshore Road, P.O. Box 1, Island Harbour, Bluff, STL, NZL, 9842
South Port New Zealand Ltd offers a wide range of marine services, cargo and container shipping, and on-site warehousing for domestic and international customers. It serves key export and import industries in the Southland region, including aluminium, timber, fisheries, dairy, meat, wood chips, stock food, cement, alumina, fertiliser, and petroleum products. South Port is publicly listed on the New Zealand Stock Exchange and is majority-owned by Environment Southland. It also operates an intermodal freight center to facilitate efficient product distribution within the Southland and Otago regions. The majority of revenue comes from the Cargo and logistics services.
96GF Score

Get the complete analysis for NZSE:SPN

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

NZ$8.45
Price
NZ$8.41
GF Value