Asset Plus (NZSE:APL) 3-Year RORE % : -12.50% (As of Mar. 2026)

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NZSE:APL Asset Plus Ltd NZSE:APL
43 GF Score
Price NZ$0.17
GF Value NZ$0.23
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Asset Plus 3-Year RORE %?

Asset Plus NZSE:APL -1.76% 43 3-Year RORE % is -12.50 as of Mar. 2026. GuruFocus rates NZSE:APL with a GF Score™ of 43/100 and a GF Value™ of NZ$0.23 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 839 REITs companies, Asset Plus ranks worse than 58.64% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Asset Plus's 3-Year RORE % for the quarter that ended in Mar. 2026 was -12.50%.

The industry rank for Asset Plus's 3-Year RORE % or its related term are showing as below:

NZSE:APL's 3-Year RORE % is ranked worse than
58.64% of 839 companies
in the REITs industry
Industry Median: -0.22 vs NZSE:APL: -12.50

Asset Plus  (NZSE:APL) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Asset Plus 3-Year RORE % Related Terms


Asset Plus 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Asset Plus's 3-Year RORE % 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.

Asset Plus 3-Year RORE % Chart

Asset Plus Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -143.48 -527.27 38.98 -29.85 -12.50

Asset Plus Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
3-Year RORE % 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 38.98 -3.92 -29.85 -47.06 -12.50

NZSE:APL vs VICI, WPC, BNL: 3-Year RORE % Comparison

For the REIT - Diversified subindustry, Asset Plus's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Asset Plus 3-Year RORE % vs REITs Industry

For the REITs industry and Real Estate sector, Asset Plus's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Asset Plus's 3-Year RORE % falls into.


NZSE:APL
43GF Score
Asset Plus Ltd NZSE:APL
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asset Plus 3-Year RORE % Calculation

Asset Plus's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( -0.009--0.015 )/( -0.04-0.008 )
=0.006/-0.048
=-12.50 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of -12.50 mean?
Asset Plus (NZSE:APL) has a 3-Year RORE % of -12.50 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Asset Plus and its competitors. According to the industry distribution chart, Asset Plus ranks #492 out of 839 companies in the REITs industry, placing it in the top 58.6%.
Is Asset Plus' 3-Year RORE % too high?
Asset Plus' current 3-Year RORE % is -12.50. Based on the distribution chart, Asset Plus ranks #492 out of 839 companies in the REITs industry, which is below the industry midpoint. Overall, Asset Plus has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asset Plus' 3-Year RORE % compare to VICI and WPC?
According to the REITs industry distribution chart, Asset Plus ranks #492 out of 839 companies for 3-Year RORE %. This places Asset Plus in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a REITs company?
A good 3-Year RORE % depends on the REITs industry context. However, 3-Year RORE % 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Asset Plus and its competitors. Asset Plus's current 3-Year RORE % is -12.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asset Plus stock overvalued right now?
Based on GuruFocus' analysis, Asset Plus (NZSE:APL) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$0.23, compared to a current price of NZ$0.17 — trading 27.4% below its estimated fair value. The current 3-Year RORE % is -12.50. Asset Plus' overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Asset Plus (NZSE:APL), the current 3-Year RORE % is -12.50 as of Mar. 2026. 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 Asset Plus (NZSE:APL) Overvalued in 2026?

Based on GuruFocus' analysis, Asset Plus stock appears to be undervalued. The current stock price of NZ$0.17 is trading 27.4% below its estimated GF Value™ of NZ$0.23. GuruFocus considers Asset Plus to be Modestly Undervalued.

Key valuation signals for NZSE:APL:

  • 3-Year RORE %: -12.50
  • GF Value™: NZ$0.23 vs. price of NZ$0.17 (27.4% below fair value)
  • GF Score™: 43/100 with 2 warning signs

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


Asset Plus Business Description

Industry Real EstateREITs
Address C/- Centuria Funds Management Limited, 30 Gaunt Street, Level 2, Bayleys House, Wynyard Quarter, Auckland, NTL, NZL, 1010
Asset Plus Ltd is a commercial property investment company. Its principal activities include investing in commercial property in New Zealand. The company's investment portfolio consists of office properties in New Zealand including the Munroe Lane property, and the 35 Graham Street property which is currently held for sale.
43GF Score

Get the complete analysis for NZSE:APL

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

NZ$0.17
Price
NZ$0.23
GF Value