Millenniumpthorne Hotels New Zealand (NZSE:MCK) Scaled Net Operating Assets: 0.87 (As of Dec. 2025)


NZSE:MCK Millennium & Copthorne Hotels New Zealand Ltd NZSE:MCK
68 GF Score
Price NZ$3.34
GF Value NZ$2.68
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Millenniumpthorne Hotels New Zealand Scaled Net Operating Assets?

Millenniumpthorne Hotels New Zealand NZSE:MCK -0.30% 68 Scaled Net Operating Assets is 0.87 as of Dec. 2025. GuruFocus rates NZSE:MCK with a GF Score™ of 68/100 and a GF Value™ of NZ$2.68 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Millenniumpthorne Hotels New Zealand's operating assets for the quarter that ended in Dec. 2025 was NZ$754.4 Mil. Millenniumpthorne Hotels New Zealand's operating liabilities for the quarter that ended in Dec. 2025 was NZ$68.5 Mil. Millenniumpthorne Hotels New Zealand's Total Assets for the quarter that ended in Jun. 2025 was NZ$787.3 Mil. Therefore, Millenniumpthorne Hotels New Zealand's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.87.


Millenniumpthorne Hotels New Zealand Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Millenniumpthorne Hotels New Zealand's Scaled Net Operating Assets 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.

Millenniumpthorne Hotels New Zealand Scaled Net Operating Assets Chart

Millenniumpthorne Hotels New Zealand Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 1.20 0.77 0.67 0.90

Millenniumpthorne Hotels 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
Scaled Net Operating Assets 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 1.08 0.62 0.89 0.92 0.87

NZSE:MCK vs MAR, HLT, H: Scaled Net Operating Assets Comparison

For the Lodging subindustry, Millenniumpthorne Hotels New Zealand's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Millenniumpthorne Hotels New Zealand Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels New Zealand's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Millenniumpthorne Hotels New Zealand's Scaled Net Operating Assets falls into.


NZSE:MCK
68GF Score
Millennium & Copthorne Hotels New Zealand Ltd NZSE:MCK
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Millenniumpthorne Hotels New Zealand Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Millenniumpthorne Hotels New Zealand's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(754.379-68.517)/762.266
=0.90

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=800.463 - 46.084
=754.379

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=115.444 - 46.483 - 0.444
=68.517

Millenniumpthorne Hotels New Zealand's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(754.379-68.517)/787.276
=0.87

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=800.463 - 46.084
=754.379

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=115.444 - 46.483 - 0.444
=68.517

* 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.

What does a Scaled Net Operating Assets of 0.87 mean?
Millenniumpthorne Hotels New Zealand (NZSE:MCK) has a Scaled Net Operating Assets of 0.87 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Millenniumpthorne Hotels New Zealand and its competitors.
Is Millenniumpthorne Hotels New Zealand's Scaled Net Operating Assets too high?
Millenniumpthorne Hotels New Zealand's current Scaled Net Operating Assets is 0.87. Overall, Millenniumpthorne Hotels New Zealand has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millenniumpthorne Hotels New Zealand's Scaled Net Operating Assets compare to MAR and HLT?
Millenniumpthorne Hotels New Zealand's Scaled Net Operating Assets of 0.87 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Millenniumpthorne Hotels New Zealand and its competitors. Millenniumpthorne Hotels New Zealand's current Scaled Net Operating Assets is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millenniumpthorne Hotels New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand (NZSE:MCK) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$2.68, compared to a current price of NZ$3.34 — trading 24.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.87. Millenniumpthorne Hotels New Zealand's overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Millenniumpthorne Hotels New Zealand (NZSE:MCK), the current Scaled Net Operating Assets is 0.87 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK) Overvalued in 2026?

Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand stock appears to be overvalued. The current stock price of NZ$3.34 is trading 24.6% above its estimated GF Value™ of NZ$2.68. GuruFocus considers Millenniumpthorne Hotels New Zealand to be Modestly Overvalued.

Key valuation signals for NZSE:MCK:

  • Scaled Net Operating Assets: 0.87
  • GF Value™: NZ$2.68 vs. price of NZ$3.34 (24.6% above fair value)
  • GF Score™: 68/100 with 9 warning signs

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


Millenniumpthorne Hotels New Zealand Business Description

Other Exchanges MCKPA.PFD:New Zealand
Address 23 Customs Street East, Level 7, Auckland, NZL, 1010
Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. The Group is also involved in the development and sale of residential land in New Zealand; investment properties comprising commercial warehousing and retail shops in New Zealand; and the development and sale of residential units in Australia. Its operating segments are: Hotel operations, Residential land development, Investment property, and Residential and commercial property development. Maximum revenue is generated from the Hotel operations segment, which includes income from the ownership and management of hotels. Geographically, the Group generates maximum revenue from New Zealand, and the rest from Australia.
68GF Score

Get the complete analysis for NZSE:MCK

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$3.34
Price
NZ$2.68
GF Value