Goodman New Zealand and Goodman Property Services (NZSE:GNZ) Total Assets: NZ$4,063.1 Mil (As of Sep. 2025)

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NZSE:GNZ Goodman New Zealand Ltd and Goodman Property Services Ltd NZSE:GNZ
78 GF Score
Price NZ$2.00
GF Value NZ$1.52
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Goodman New Zealand and Goodman Property Services Total Assets?

Goodman New Zealand and Goodman Property Services NZSE:GNZ -0.50% 78 Total Assets is NZ$4,063.1 Mil as of Sep. 2025. GuruFocus rates NZSE:GNZ with a GF Score™ of 78/100 and a GF Value™ of NZ$1.52 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Goodman New Zealand and Goodman Property Services's Total Assets for the quarter that ended in Sep. 2025 was NZ$4,063.1 Mil.

During the past 12 months, Goodman New Zealand and Goodman Property Services's average Total Assets Growth Rate was -25.10% per year. During the past 3 years, the average Total Assets Growth Rate was -0.20% per year. During the past 5 years, the average Total Assets Growth Rate was 8.00% per year. During the past 10 years, the average Total Assets Growth Rate was 9.60% per year.

During the past 13 years, Goodman New Zealand and Goodman Property Services's highest 3-Year average Total Assets Growth Rate was 131.80%. The lowest was -13.90%. And the median was 8.95%.

Total Assets is connected with ROA %. Goodman New Zealand and Goodman Property Services's annualized ROA % for the quarter that ended in Sep. 2025 was 2.79%. Total Assets is also linked to Revenue through Asset Turnover. Goodman New Zealand and Goodman Property Services's Asset Turnover for the quarter that ended in Sep. 2025 was 0.03.


Goodman New Zealand and Goodman Property Services  (NZSE:GNZ) Total Assets Explanation

Total Assets is connected with ROA %.

Goodman New Zealand and Goodman Property Services's annualized ROA % for the quarter that ended in Sep. 2025 is

ROA %=Net Income (Q: Sep. 2025 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=123.6/( (4785.4+4063.1)/ 2 )
=123.6/4424.25
=2.79 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Goodman New Zealand and Goodman Property Services's Asset Turnover for the quarter that ended in Sep. 2025 is

Asset Turnover
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=144.5/( (4785.4+4063.1)/ 2 )
=144.5/4424.25
=0.03

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Goodman New Zealand and Goodman Property Services Total Assets Related Terms


Goodman New Zealand and Goodman Property Services Total Assets Historical Data

* Premium members only.

The historical data trend for Goodman New Zealand and Goodman Property Services's Total 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.

Goodman New Zealand and Goodman Property Services Total Assets Chart

Goodman New Zealand and Goodman Property Services Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,831.50 4,814.30 4,853.90 4,716.90 4,785.40

Goodman New Zealand and Goodman Property Services Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Total 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 4,761.30 4,716.90 4,726.20 4,785.40 4,063.10
NZSE:GNZ
78GF Score
Goodman New Zealand Ltd and Goodman Property Services Ltd NZSE:GNZ
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodman New Zealand and Goodman Property Services Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Goodman New Zealand and Goodman Property Services's Total Assets for the fiscal year that ended in Mar. 2025 is calculated as

Total Assets=Total Equity (A: Mar. 2025 )+Total Liabilities (A: Mar. 2025 )
=3111+1674.4
=4,785.4

Goodman New Zealand and Goodman Property Services's Total Assets for the quarter that ended in Sep. 2025 is calculated as

Total Assets=Total Equity (Q: Sep. 2025 )+Total Liabilities (Q: Sep. 2025 )
=3123.4+939.7
=4,063.1

* 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 Total Assets →
What does a Total Assets of NZ$4,063.1 Mil mean?
Goodman New Zealand and Goodman Property Services (NZSE:GNZ) has a Total Assets of NZ$4,063.1 Mil as of Sep. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on Goodman New Zealand and Goodman Property Services and its competitors.
Is Goodman New Zealand and Goodman Property Services' Total Assets too high?
Goodman New Zealand and Goodman Property Services' current Total Assets is NZ$4,063.1 Mil. Overall, Goodman New Zealand and Goodman Property Services has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodman New Zealand and Goodman Property Services' Total Assets compare to PLD and PSA?
Goodman New Zealand and Goodman Property Services' Total Assets of NZ$4,063.1 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a REITs company?
A good Total Assets depends on the REITs industry context. However, Total 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Goodman New Zealand and Goodman Property Services and its competitors. Goodman New Zealand and Goodman Property Services's current Total Assets is NZ$4,063.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman New Zealand and Goodman Property Services stock overvalued right now?
Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services (NZSE:GNZ) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$1.52, compared to a current price of NZ$2.00 — trading 31.6% above its estimated fair value. The current Total Assets is NZ$4,063.1 Mil. Goodman New Zealand and Goodman Property Services' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Goodman New Zealand and Goodman Property Services (NZSE:GNZ), the current Total Assets is NZ$4,063.1 Mil as of Sep. 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 Goodman New Zealand and Goodman Property Services (NZSE:GNZ) Overvalued in 2026?

Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services stock appears to be overvalued. The current stock price of NZ$2.00 is trading 31.6% above its estimated GF Value™ of NZ$1.52. GuruFocus considers Goodman New Zealand and Goodman Property Services to be Significantly Overvalued.

Key valuation signals for NZSE:GNZ:

  • Total Assets: NZ$4,063.1 Mil
  • GF Value™: NZ$1.52 vs. price of NZ$2.00 (31.6% above fair value)
  • GF Score™: 78/100 with 5 warning signs

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


Goodman New Zealand and Goodman Property Services Business Description

Industry Real EstateREITs
Other Exchanges NJK:Germany
Address 18 Viaduct Harbour Avenue, Victoria Street West, PO Box 90940, Level 2, KPMG Centre, Auckland, NSW, AUS, 1142
Goodman New Zealand Ltd and Goodman Property Services Ltd, formerly known as Goodman Property Trust, is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.
78GF Score

Get the complete analysis for NZSE:GNZ

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

NZ$2.00
Price
NZ$1.52
GF Value