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Insights
Disclosure Transparency Score

NZX Disclosure Transparency Score

How transparent are NZX-listed companies in their market disclosures? This score assesses 5 dimensions of disclosure quality based on announcement patterns, completeness, guidance, timeliness, and sentiment transparency. Higher scores suggest more transparent disclosure practices based on available data.

130
Issuers Scored
55
NZX Average Score
5
Exemplary or Strong
41
Limited or Minimal

130 issuers ranked by disclosure transparency

#TickerCompanyScoreRatingFrequencyCompletenessGuidanceTimelinessSentimentAnn. Count
1
IFT
IFT
Infratil Limited
77
Strong
692
2
FPH
FPH
Fisher & Paykel Healthcare Corporation Limited
74
Strong
679
3
KPG
KPG
Kiwi Property
70
Strong
426
4
PEB
PEB
Pacific Edge Limited
70
Strong
459
5
SKO
SKO
Serko Limited
70
Strong
457
6
CO2
CO2
Carbon Fund
69
Adequate
2699
7
ERD
ERD
EROAD
69
Adequate
451
8
GMT
GMT
Goodman Property Trust
69
Adequate
435
9
PLP
PLP
Private Land and Property Fund
69
Adequate
660
10
ARG
ARG
Argosy Property Limited
68
Adequate
374
11
TRA
TRA
Turners Automotive Group
68
Adequate
397
12
TEM
TEM
Templeton Emerging Markets Investment Trust PLC
67
Adequate
3854
13
IKE
IKE
ikeGPS Group Limited
66
Adequate
390
14
EBO
EBO
EBOS Group Limited
65
Adequate
427
15
SKT
SKT
Sky Network Television Limited
65
Adequate
579
16
TWR
TWR
Tower Limited
65
Adequate
380
17
AIR
AIR
Air New Zealand
64
Adequate
596
18
CEN
CEN
Contact Energy Limited
64
Adequate
667
19
FCG
FCG
Fonterra Co-operative Group Limited
64
Adequate
884
20
FSF
FSF
Fonterra Shareholders' Fund
64
Adequate
830
21
HFL
HFL
Henderson Far East Income Limited
64
Adequate
2928
22
IPL
IPL
Investore Property Limited
64
Adequate
310
23
MEL
MEL
Meridian Energy Limited
64
Adequate
735
24
OCA
OCA
Oceania Healthcare Limited
64
Adequate
402
25
SPK
SPK
Spark New Zealand Limited
64
Adequate
689
26
AIA
AIA
Auckland International Airport Limited
63
Adequate
555
27
BIT
BIT
The Bankers Investment Trust PLC
63
Adequate
3281
28
DOW
DOW
Downer EDI Limited
63
Adequate
784
29
FBU
FBU
Fletcher Building
63
Adequate
699
30
FCT
FCT
F&C INVESTMENT TRUST PLC
63
Adequate
4206
31
NZX
NZX
NZX Limited
63
Adequate
563
32
AFI
AFI
Australian Foundation Investment Company Limited
62
Adequate
632
33
BRM
BRM
Barramundi Limited
62
Adequate
1221
34
KFL
KFL
Kingfish Limited
62
Adequate
1234
35
MLN
MLN
Marlin Global Limited
62
Adequate
1210
36
ANZ
ANZ
ANZ Group Holdings Limited
61
Adequate
1738
37
ARB
ARB
ArborGen Holdings Limited
61
Adequate
284
38
ATM
ATM
The a2 Milk Company Limited
61
Adequate
660
39
CNU
CNU
Chorus Limited
61
Adequate
750
40
GNE
GNE
Genesis Energy Limited
61
Adequate
481
41
SKC
SKC
SkyCity Entertainment Group Limited
61
Adequate
566
42
TWL
TWL
TradeWindow Holdings Limited
61
Adequate
250
43
WBC
WBC
Westpac Banking Corporation
61
Adequate
2634
44
MCY
MCY
Mercury NZ Limited
60
Adequate
468
45
PYS
PYS
PaySauce Limited
60
Adequate
244
46
SUM
SUM
Summerset Group Holdings Limited
60
Adequate
483
47
THL
THL
Tourism Holdings Limited
60
Adequate
470
48
KMD
KMD
KMD Brands Limited
59
Adequate
471
49
NZM
NZM
NZME Limited
59
Adequate
473
50
RAD
RAD
Radius Residential Care Limited
59
Adequate
239
51
RYM
RYM
Ryman Healthcare Limited
59
Adequate
366
52
SPG
SPG
Stride Property Limited
59
Adequate
258
53
TRU
TRU
TRUSCREEN GROUP LIMITED
59
Adequate
340
54
CVT
CVT
Comvita Limited
58
Adequate
432
55
GTK
GTK
Gentrack Group Limited
58
Adequate
415
56
MFB
MFB
My Food Bag Group Limited
58
Adequate
167
57
MHJ
MHJ
Michael Hill International Limited
58
Adequate
465
58
PFI
PFI
Property for Industry Limited
58
Adequate
447
59
AFT
AFT
AFT Pharmaceuticals Limited
57
Adequate
277
60
BPG
BPG
Black Pearl Group Limited
57
Adequate
166
61
CHI
CHI
Channel Infrastructure NZ Limited
57
Adequate
422
62
MFT
MFT
Mainfreight Limited
57
Adequate
206
63
PCT
PCT
Precinct Properties New Zealand Limited
57
Adequate
427
64
VGL
VGL
Vista Group International Limited
57
Adequate
401
65
VHP
VHP
Vital Healthcare Property Trust
57
Adequate
485
66
VNT
VNT
Ventia Services Group Limited
57
Adequate
436
67
2CC
2CC
2 Cheap Cars Group Limited
56
Adequate
156
68
NPH
NPH
Napier Port Holdings Limited
56
Adequate
245
69
NTL
NTL
New Talisman Gold Mines Ltd
56
Adequate
399
70
SML
SML
Synlait Milk Limited
56
Adequate
390
71
SEK
SEK
Seeka Limited
55
Adequate
396
72
BIF
BIF
Booster Innovation Fund
54
Adequate
221
73
GEN
GEN
General Capital Limited
53
Adequate
283
74
HGH
HGH
Heartland Group Holdings Limited
53
Adequate
325
75
LIC
LIC
Livestock Improvement Corporation Limited
53
Adequate
314
76
MOV
MOV
MOVE Logistics Group Limited
53
Adequate
317
77
RAK
RAK
Rakon Limited
53
Adequate
257
78
APL
APL
Asset Plus
52
Adequate
220
79
CRP
CRP
Chatham Rock Phosphate Limited
52
Adequate
330
80
PHL
PHL
Promisia Healthcare Limited
52
Adequate
254
81
SCL
SCL
Scales Corporation Limited
52
Adequate
298
82
RBD
RBD
Restaurant Brands New Zealand Limited
51
Adequate
276
83
SMI
SMI
Santana Minerals Ltd
51
Adequate
172
84
AOF
AOF
AoFrio Limited
50
Adequate
258
85
BFG
BFG
Burger Fuel Group Limited
50
Adequate
131
86
FRW
FRW
Freightways Group Limited
50
Adequate
266
87
MPG
MPG
Metro Performance Glass
50
Adequate
262
88
NZL
NZL
New Zealand Rural Land Company Limited
50
Adequate
272
89
TAH
TAH
Third Age Health Services Limited
50
Adequate
178
90
BGP
BGP
Briscoe Group Limited
49
Limited
252
91
BLT
BLT
BLIS Technologies Limited
49
Limited
175
92
CCC
CCC
Cooks Coffee Company Limited
49
Limited
219
93
NZK
NZK
New Zealand King Salmon Investments Limited
49
Limited
235
94
RUA
RUA
Rua Bioscience Limited
49
Limited
227
95
SCT
SCT
Scott Technology Limited
49
Limited
234
96
STU
STU
Steel & Tube Holdings Limited
49
Limited
256
97
WHS
WHS
The Warehouse Group Limited
49
Limited
251
98
SAN
SAN
Sanford Limited
48
Limited
214
99
VCT
VCT
Vector Limited
48
Limited
197
100
VSL
VSL
Vulcan Steel Limited
48
Limited
217
101
AGL
AGL
Accordant Group Limited
47
Limited
191
102
ALF
ALF
Allied Farmers Limited
47
Limited
192
103
BRW
BRW
Bremworth Limited
47
Limited
200
104
ENS
ENS
Enprise Group Limited
47
Limited
214
105
GXH
GXH
Green Cross Health Limited
47
Limited
128
106
MKR
MKR
Manuka Resources Limited
47
Limited
81
107
SKL
SKL
Skellerup Holdings Limited
47
Limited
199
108
MEE
MEE
Me Today Limited
46
Limited
198
109
PGW
PGW
PGG Wrightson Limited
46
Limited
197
110
POT
POT
Port of Tauranga Limited
46
Limited
232
111
SVR
SVR
Savor Limited
46
Limited
212
112
WCO
WCO
WasteCo Group Limited
46
Limited
194
113
BAI
BAI
Being AI
45
Limited
168
114
CMO
CMO
The Colonial Motor Company Limited
45
Limited
166
115
DGL
DGL
Delegat Group Limited
45
Limited
179
116
HLG
HLG
Hallenstein Glasson Holdings Limited
45
Limited
181
117
MCK
MCK
Millennium & Copthorne Hotels New Zealand Limited
45
Limited
174
118
MEX
MEX
Minerals Exploration Limited
45
Limited
23
119
SDL
SDL
Solution Dynamics Limited
45
Limited
175
120
CDI
CDI
CDL Investments New Zealand Limited
44
Limited
146
121
TGG
TGG
T&G Global Limited
44
Limited
108
122
FWL
FWL
Foley Wines Limited
43
Limited
115
123
SPN
SPN
South Port New Zealand Limited
43
Limited
141
124
WIN
WIN
Winton Land Limited
43
Limited
103
125
AFC
AFC
AFC Group Holdings Limited
42
Limited
87
126
RTO
RTO
RTO Limited
42
Limited
101
127
IPR
IPR
Iperion Limited
40
Limited
80
128
LOC
LOC
Locate Technologies Limited
39
Limited
20
129
RGI
RGI
Rua Gold Inc
34
Limited
5
130
TCM
TCM
Taiko Critical Minerals Limited
29
Minimal
9

Methodology

The Disclosure Transparency Score combines 5 weighted dimensions to produce a 0-100 score per issuer. Higher scores suggest more transparent disclosure practices based on available data.

Announcement Frequency (25%)

Normalized count of announcements compared to the NZX median. More frequent disclosure suggests greater transparency.

Disclosure Completeness (25%)

Percentage of announcements with PDF attachments and low hedging language levels detected via NLP.

Guidance Quality (20%)

Forward-looking statement count from earnings results and consistency of guidance direction over time.

Timeliness (15%)

Days between fiscal year end and annual result announcement. Faster reporting may indicate stronger disclosure practices.

Sentiment Transparency (15%)

Low buried risk count and low hedging level from NLP-analyzed announcement sentiment data.

Related Insights

Corporate Power Map

NZ Governance Power Index — top directors, board interlocks, auditor concentration, and multi-board analysis.

Director Network Graph

Interactive force-directed visualization of board interlocks across NZX, charities, iwi, and public sector.

Audit Independence

Auditor market concentration, tenure analysis, and director-auditor independence.

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.