NZTCF (Spark New Zealand) ROCE %: 7.60% (As of Dec. 2025)


NZTCF Spark New Zealand Ltd NZTCF
66 GF Score
Price $1.00
GF Value $1.81
Valuation Significantly Undervalued
! 8 Warning Signs
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What is Spark New Zealand ROCE %?

Spark New Zealand NZTCF -9.91% 66 ROCE % is 7.60% as of Dec. 2025. GuruFocus rates NZTCF with a GF Score™ of 66/100 and a GF Value™ of $1.81 (Significantly Undervalued). The stock has 8 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. Spark New Zealand's annualized ROCE % for the quarter that ended in Dec. 2025 was 7.60%.

Spark New Zealand  (OTCPK:NZTCF) 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.

Spark New Zealand ROCE % Related Terms

Spark New Zealand ROCE % Historical Data

* Premium members only.

The historical data trend for Spark 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.

Spark New Zealand ROCE % Chart

Spark 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 18.72 18.50 34.45 16.71 12.54

Spark 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 16.15 17.27 5.68 19.55 7.60
NZTCF
66GF Score
Spark New Zealand Ltd NZTCF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spark New Zealand ROCE % Calculation

Spark 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 )
=268.558/( ( (2845.304 - 650.706) + (2730.839 - 643.331) )/ 2 )
=268.558/( (2194.598+2087.508)/ 2 )
=268.558/2141.053
=12.54 %

Spark 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 )
=149.306/( ( (2730.839 - 643.331) + (2535.301 - 694.444) )/ 2 )
=149.306/( ( 2087.508 + 1840.857 )/ 2 )
=149.306/1964.1825
=7.60 %

(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 7.60% mean?
Spark New Zealand (NZTCF) has a ROCE % of 7.60% as of Dec. 2025.
Is Spark New Zealand's ROCE % too high?
Spark New Zealand's current ROCE % is 7.60%. The Telecommunication Services industry median ROCE % is 7.72. Spark New Zealand's value of 7.60% is 1.6% below this industry median. Overall, Spark New Zealand has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spark New Zealand's ROCE % compare to TMUS and VZ?
Spark New Zealand's ROCE % of 7.60% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.72. Spark New Zealand's value of 7.60% is 1.6% 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 a Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 7.72, based on 356 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. Spark New Zealand's current ROCE % of 7.60% is 1.6% 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 Telecommunication Services industry, the median ROCE % is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spark New Zealand's current ROCE % is 7.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spark New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Spark New Zealand (NZTCF) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.81, compared to a current price of $1.00 — trading 44.8% below its estimated fair value. The current ROCE % is 7.60% and 1.6% below the Telecommunication Services industry median of 7.72. Spark New Zealand's overall GF Score™ is 66/100 with 8 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 Spark New Zealand (NZTCF), the current ROCE % is 7.60% 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 Spark New Zealand (NZTCF) Overvalued in 2026?

Based on GuruFocus' analysis, Spark New Zealand stock appears to be undervalued. The current stock price of $1.00 is trading 44.8% below its estimated GF Value™ of $1.81. GuruFocus considers Spark New Zealand to be Significantly Undervalued.

Key valuation signals for NZTCF:

  • ROCE %: 7.60%
  • GF Value™: $1.81 vs. price of $1.00 (44.8% below fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 1.6% below the Telecommunication Services median

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

Spark New Zealand Business Description

Address 50 Albert Street, Spark City, Level 1, Private Bag 92028, Auckland, NTL, NZL, 1010
Spark is one of only three integrated telecommunications companies in New Zealand. It is the leading mobile network operator with low- to mid-40% subscriber and revenue share, and the dominant provider of fixed-line broadband services with a mid-30% subscriber share. It has a big position in the New Zealand corporate and wholesale telecommunications services provision space. Spark supplements its core telecommunications operations and related infrastructure with IT products and services across cloud, managed data and networks, procurement, data centers, and Internet of Things. Its operations are all based in New Zealand, except for its 41% interest in Southern Cross Submarine Cables, which has zero book value and to which Spark has no funding obligations.
66GF Score

Get the complete analysis for NZTCF

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

$1.00
Price
$1.81
GF Value