Compare disclosure language patterns against sector peers. Mining companies naturally hedge more than tech firms — sector-adjusted scores reveal who is truly more opaque relative to their industry.
| Ticker | Company | Absolute | Abs. Rating | Adj. Score ↓ | Pctile | vs Sector |
|---|
Why sector benchmarking? Different sectors naturally use different levels of hedging language. Mining companies discuss uncertain outcomes (resource estimates, exploration) by nature. Banks use cautious language around credit risk. Absolute thresholds produce false positives in these sectors.
Sector-Adjusted Score = Company Score - Sector Average. Positive values indicate the company uses more opaque language than its sector peers. Negative values indicate more transparent language than peers.
Sector Percentile shows what percentage of sector peers have a lower (more transparent) score. A company at the 80th percentile is more opaque than 80% of its sector peers.
Sector Ratinguses a threshold of 15% of the sector median (minimum 5 points). Companies within this band are "Near Sector Avg."
Data sourced from publicly available NZX filings and annual reports. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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