Also trades as AIZ.AX.

AIR.NZ

SellSinker

Air New Zealand Limited · Industrials · New Zealand · $733M cap · $230K/day traded

NZD 0.38 -1.3% · close 21 Oct · scored 22 Oct

StockRank down 1.1 since 21 Oct.

Sinker: Weak, expensive and falling. Nothing here to keep it afloat.

27
StockRank
Get score and insider alerts
Quality
26
Value
42
Momentum
45

As of 22 Oct 2026, MoatMap's StockRank for Air New Zealand Limited (AIR.NZ) is 27/100, ranked against 24,000+ stocks in 35 markets (Quality 26, Value 42, Momentum 45, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
—
peers 27.5x
ROE
-13.4%
peers 7.5%
D/E
1.9x
peers 0.4x
Dividend %
—
trailing yield

ABOUT AIR NEW ZEALAND LIMITED

Read

Air New Zealand Limited, together with its subsidiaries, provides air passenger and cargo transportation on scheduled airlines services in New Zealand, Australia, the Pacific Islands, Asia, the United Kingdom, Europe, and the Americas.

FINANCIAL SUMMARY (NZD)

Year2022202320242025CAGRTTM2027E2028EFwd CAGR
Revenue2.7B6.3B6.8B6.8B35.2%7.0B7.2B7.4B3.1%
EPS (NZD)-0.410.120.040.04-44.2%-0.070.05—9.7%
Shares3.4B3.4B3.4B3.3B-1.8%3.2B———
Debt3.4B3.3B2.8B2.8B-5.5%3.2B———
Equity1.7B2.1B2.0B1.9B5.1%————
Op CF55.0M1.9B810.0M940.0M157.6%815.5M———
Inv CF-33.1M-916.0M-822.0M-119.0M—————
Fin CF130.8M-503.0M-936.0M-664.0M—————
Loading 1Y...
PRICE (1Y) · NZD-0.7%
0.3750.3840.3920.4010.41010 Sep1 Oct21 Oct
SMA 50SMA 200

Price checkFinding a floorExperimental

No new 52-week low for 4 weeks, 1% above that low, but not back above a rising 50-day average.

SwingsAverage

Calmer than 69% of stocks we rank over the past year (32% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
NZD 0.38
RSI (14)
20.0
52-Week Range-39.7% from high
Low NZD 0.375High NZD 0.63

SCORE BREAKDOWN

Quality
26
ROIC
7.3%41.4
ROE
-13.4%8.2
GP/Assets
14.8%43.1
Op. Margin
-6.2%9.8
FCF/Assets
-4.3%16.0
Piotroski
655.1
Int. Cover
2.3x22.8
D/E Ratio
1.89x7.6
Current Ratio
0.47x1.6
Value
42
P/E (TTM)
—N/A
EV/EBITDA
18.7x28.5
P/FCF
—N/A
P/B
0.7x85.8
P/S
0.2x95.8
Div Yield
—N/A
Momentum
45
52W High %
60%32.0
RS 6M
-22%28.7
SMA 50/200
0.87x21.0
EPS Rev 4W
+0.2%70.0
EPS Rev 12W
+173.8%99.6
EPS Improve
+135%76.2
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$733M
P/E (Forward)
15.7x
Gross Margin
19.1%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of AIR.NZ are excluded.

TickerCompanyMkt CapStockRankSignal
AIR.NZAir New Zealand Limited(you)$733M27Sell
POT.NZPort of Tauranga Limited$3.2B43Hold
NPH.NZNapier Port Holdings Limited$430M68Buy
AIA.NZAuckland International Airport Limited$8.1B31Sell
IFT.NZInfratil Limited$8.3B21Sell
FRW.NZFreightways Group Limited$1.3B74Buy
SKL.NZSkellerup Holdings Limited$856M94Strong Buy
SCT.NZScott Technology Limited$130M79Buy
MFT.NZMainfreight Limited$3.8B88Strong Buy
PGW.NZPGG Wrightson Limited$92M86Strong Buy

Peer medians: ROE 7.5% · P/E 27.5x · Gross margin 56.8%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Air New Zealand Limited (AIR.NZ): Stock Score Summary

Air New Zealand Limited (AIR.NZ) has a MoatMap StockRank of 27/100 based on Quality (26/100), Value (42/100), and Momentum (45/100) factor scores. The current signal is SELL.

Air New Zealand Limited, together with its subsidiaries, provides air passenger and cargo transportation on scheduled airlines services in New Zealand, Australia, the Pacific Islands, Asia, the United Kingdom, Europe, and the Americas.

Key Financial Metrics

PriceNZD 0.38
Market Cap$733M
P/E (Forward)15.68
Price/Book0.74
Return on Equity-13.4%
Return on Invested Capital7.3%
Debt/Equity1.89x
Gross Margin19.1%
Operating Margin-6.2%
Revenue Growth6.6%
Free Cash Flow$-221M

Air New Zealand Limited operates in the Airlines industry, part of the Industrials sector (New Zealand).

Frequently Asked Questions

What is Air New Zealand Limited’s (AIR.NZ) StockRank?
MoatMap’s StockRank for Air New Zealand Limited (AIR.NZ) is 27/100, with a Sell signal. It is a composite of Quality (26), Value (42), and Momentum (45), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Air New Zealand Limited have an economic moat?
Air New Zealand Limited (AIR.NZ) has a Quality factor score of 26/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Air New Zealand Limited a buy, hold, or sell?
MoatMap’s current signal for Air New Zealand Limited (AIR.NZ) is Sell, based on a StockRank of 27/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Air New Zealand Limited in?
Air New Zealand Limited (AIR.NZ) operates in the Industrials sector, specifically the Airlines industry (New Zealand).