Warehouse Group (The) (NZSE:WHS) Total Operating Expense: NZ$960 Mil (TTM As of Jan. 2026)

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NZSE:WHS Warehouse Group Ltd (The) NZSE:WHS
68 GF Score
Price NZ$0.60
GF Value NZ$1.08
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Warehouse Group (The) Total Operating Expense?

Warehouse Group (The) NZSE:WHS +0.85% 68 Total Operating Expense is NZ$960 Mil as of Jan. 2026. GuruFocus rates NZSE:WHS with a GF Score™ of 68/100 and a GF Value™ of NZ$1.08 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Warehouse Group (The)'s Total Operating Expense for the six months ended in Jan. 2026 was NZ$482 Mil. Warehouse Group (The)'s Total Operating Expense for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$960 Mil.

Warehouse Group (The) Total Operating Expense Related Terms

Warehouse Group (The) Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Warehouse Group (The)'s Total Operating Expense 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.

Warehouse Group (The) Total Operating Expense Chart

Warehouse Group (The) Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 964.97 1,012.23 1,041.73 959.54 968.42

Warehouse Group (The) Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Total Operating Expense 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 499.42 460.12 490.63 477.80 482.20
NZSE:WHS
68GF Score
Warehouse Group Ltd (The) NZSE:WHS
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Warehouse Group (The) Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$960 Mil.

* 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 Total Operating Expense of NZ$960 Mil mean?
Warehouse Group (The) (NZSE:WHS) has a Total Operating Expense of NZ$960 Mil as of Jan. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Warehouse Group (The) and its competitors.
Is Warehouse Group (The)'s Total Operating Expense too high?
Warehouse Group (The)'s current Total Operating Expense is NZ$960 Mil. Overall, Warehouse Group (The) has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Warehouse Group (The)'s Total Operating Expense compare to DDS and M?
Warehouse Group (The)'s Total Operating Expense of NZ$960 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Retail - Cyclical company?
A good Total Operating Expense depends on the Retail - Cyclical industry context. However, Total Operating Expense 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 Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Warehouse Group (The) and its competitors. Warehouse Group (The)'s current Total Operating Expense is NZ$960 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warehouse Group (The) stock overvalued right now?
Based on GuruFocus' analysis, Warehouse Group (The) (NZSE:WHS) is currently considered Significantly Undervalued. The stock's GF Value™ is NZ$1.08, compared to a current price of NZ$0.60 — trading 44.9% below its estimated fair value. The current Total Operating Expense is NZ$960 Mil. Warehouse Group (The)'s overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Warehouse Group (The) (NZSE:WHS), the current Total Operating Expense is NZ$960 Mil as of Jan. 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 Warehouse Group (The) (NZSE:WHS) Overvalued in 2026?

Based on GuruFocus' analysis, Warehouse Group (The) stock appears to be undervalued. The current stock price of NZ$0.60 is trading 44.9% below its estimated GF Value™ of NZ$1.08. GuruFocus considers Warehouse Group (The) to be Significantly Undervalued.

Key valuation signals for NZSE:WHS:

  • Total Operating Expense: NZ$960 Mil
  • GF Value™: NZ$1.08 vs. price of NZ$0.60 (44.9% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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

Warehouse Group (The) Business Description

Other Exchanges UXN:Germany
Address 26 The Warehouse Way, Northcote, Auckland, NTL, NZL, 0627
Warehouse Group Ltd (The), along with its subsidiaries, is engaged in the retail sector. The company has three retail brands trading in the New Zealand retail sector: The Warehouse, Warehouse Stationery, and TheMarket.com. It generates the maximum revenue from the Warehouse Segment.
68GF Score

Get the complete analysis for NZSE:WHS

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

NZ$0.60
Price
NZ$1.08
GF Value