Air New ZealandANZFF 38 ROE % is -4.15% 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. Among 991 Transportation companies, Air New Zealand ranks worse than 84.26% on this metric.
The historical rank and industry rank for Air New Zealand's ROE % or its related term are showing as below:
ANZFF'
s ROE % Range Over the Past 10 Years
Min: -42.49 Med: 9.9 Max: 22.74
Current: -1.03
During the past 13 years, Air New Zealand's highest ROE % was 22.74%. The lowest was -42.49%. And the median was 9.90%.
ANZFF's ROE % is ranked worse than 84.26% of 991
companies
in the Transportation industry
Industry Median: 7.62
vs ANZFF: -1.03
Air New Zealand (OTCPK:ANZFF) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Air New Zealand ROE % Related Terms
Air New Zealand ROE % Historical Data
* Premium members only.
The historical data trend for Air New Zealand's ROE % 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.
For the Airlines subindustry, Air New Zealand's ROE %, along with its competitors' market caps and ROE % 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.
Air New Zealand ROE % vs Transportation Industry
For the Transportation industry and Industrials sector, Air New Zealand's ROE % distribution charts can be found below:
* The bar in red indicates where Air New Zealand's ROE % falls into.
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Air New Zealand (ANZFF) has a ROE % of -4.15% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Air New Zealand and its competitors. According to the industry distribution chart, Air New Zealand ranks #835 out of 991 companies in the Transportation industry, placing it in the top 84.3%.
Is Air New Zealand's ROE % too high?
Air New Zealand's current ROE % is -4.15%. Based on the distribution chart, Air New Zealand ranks #835 out of 991 companies in the Transportation industry, which is in the bottom quartile relative to peers. 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 ROE % compare to DAL and UAL?
According to the Transportation industry distribution chart, Air New Zealand ranks #835 out of 991 companies for ROE %. This places Air New Zealand in the lower half of its industry. The industry median ROE % is 7.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.62, based on 991 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Air New Zealand and its competitors. For the Transportation industry, the median ROE % is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air New Zealand's current ROE % is -4.15%. 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 ROE % is -4.15%. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Air New Zealand (ANZFF), the current ROE % is -4.15% 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:
ROE %: -4.15%
GF Value™: $0.38 vs. price of $0.25 (35% below fair value)
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, 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
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