Loading rankings...
NZX-listed companies ranked by Governance Risk Score (GRS v2.0). Scored across 6 dimensions including board structure, executive remuneration, and shareholder rights.
Updates weekly · 115 companies
| # | Ticker | Company | Sector | GRS Score | Rating | Board Structure | Shareholder Rights |
|---|---|---|---|---|---|---|---|
| 1 | CHI | Channel Infrastructure NZ Limited | Energy | 92.8 | Good | 24.0 | 20.0 |
| 2 | PHL | Promisia Healthcare Limited | Healthcare | 92.4 | Excellent | 25.0 |
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.
Last updated: 27 September 2026.
| 20.0 |
| 3 | NZX | NZX Limited | Financials | 91.7 | Excellent | 25.0 | 20.0 |
| 4 | AIA | Auckland International Airport Limited | Industrials | 89.7 | Excellent | 25.0 | 20.0 |
| 5 | AOF | AoFrio Limited | Financials | 89.6 | Good | 24.0 | 20.0 |
| 6 | BRW | Bremworth Limited | Consumer Discretionary | 89.6 | Good | 22.0 | 20.0 |
| 7 | MCY | Mercury NZ Limited | Utilities | 89.2 | Excellent | 24.0 | 20.0 |
| 8 | AFC | AFC Group Holdings Limited | Financials | 88.8 | Good | 21.0 | 20.0 |
| 9 | MFB | My Food Bag Group Limited | Financials | 88.3 | Excellent | 23.0 | 20.0 |
| 10 | PEB | Pacific Edge Limited | Healthcare | 88.3 | Excellent | 22.0 | 20.0 |
| 11 | HGH | Heartland Group Holdings Limited | Financials | 87.8 | Good | 22.0 | 15.0 |
| 12 | SPG | Stride Property Limited | Real Estate | 87.6 | Excellent | 22.0 | 20.0 |
| 13 | VNT | Ventia Services Group Limited | Industrials | 87.6 | Excellent | 23.0 | 20.0 |
| 14 | OCA | Oceania Healthcare Limited | Healthcare | 87.6 | Excellent | 24.0 | 20.0 |
| 15 | SKT | Sky Network Television Limited | Communication Services | 86.9 | Excellent | 20.0 | 20.0 |
| 16 | AFI | Australian Foundation Investment Company Limited | Financials | 86.9 | Excellent | 21.0 | 20.0 |
| 17 | KMD | KMD Brands Limited | Consumer Discretionary | 86.9 | Excellent | 24.0 | 20.0 |
| 18 | BLT | BLIS Technologies Limited | Consumer Staples | 86.9 | Excellent | 23.0 | 20.0 |
| 19 | FBU | Fletcher Building | Materials | 86.2 | Excellent | 23.0 | 20.0 |
| 20 | MHJ | Michael Hill International Limited | Consumer Discretionary | 85.6 | Good | 19.0 | 20.0 |
| 21 | SUM | Summerset Group Holdings Limited | Healthcare | 84.8 | Excellent | 25.0 | 20.0 |
| 22 | KPG | Kiwi Property | Real Estate | 84.8 | Excellent | 22.0 | 20.0 |
| 23 | NTL | New Talisman Gold Mines Ltd | Industrials | 84.8 | Good | 25.0 | 0.0 |
| 24 | GNE | Genesis Energy Limited | Utilities | 84.1 | Excellent | 22.0 | 20.0 |
| 25 | BFG | Burger Fuel Group Limited | Consumer Discretionary | 84.0 | Good | 19.0 | 20.0 |
| 26 | HLG | Hallenstein Glasson Holdings Limited | Consumer Discretionary | 84.0 | Good | 21.0 | 17.0 |
| 27 | SCL | Scales Corporation Limited | Industrials | 83.5 | Excellent | 19.0 | 20.0 |
| 28 | EBO | EBOS Group Limited | Healthcare | 83.5 | Excellent | 25.0 | 20.0 |
| 29 | SPK | Spark New Zealand Limited | Communication Services | 83.5 | Excellent | 24.0 | 20.0 |
| 30 | NPH | Napier Port Holdings Limited | Industrials | 83.5 | Excellent | 21.0 | 20.0 |
| 31 | TWR | Tower Limited | Financials | 83.2 | Good | 21.0 | 18.0 |
| 32 | THL | Tourism Holdings Limited | Consumer Discretionary | 82.8 | Excellent | 20.0 | 20.0 |
| 33 | RUA | Rua Bioscience Limited | Healthcare | 82.8 | Excellent | 18.0 | 20.0 |
| 34 | DOW | Downer EDI Limited | Industrials | 82.7 | Excellent | 24.0 | 20.0 |
| 35 | STU | Steel & Tube Holdings Limited | Materials | 82.1 | Excellent | 23.0 | 20.0 |
| 36 | CNU | Chorus Limited | Communication Services | 82.1 | Excellent | 22.0 | 20.0 |
| 37 | PCT | Precinct Properties New Zealand Limited | Real Estate | 82.1 | Excellent | 24.0 | 20.0 |
| 38 | ATM | The a2 Milk Company Limited | Consumer Staples | 82.1 | Excellent | 23.0 | 20.0 |
| 39 | SPN | South Port New Zealand Limited | Industrials | 82.0 | Excellent | 19.0 | 20.0 |
| 40 | FPH | Fisher & Paykel Healthcare Corporation Limited | Healthcare | 81.4 | Excellent | 20.0 | 20.0 |
| 41 | RYM | Ryman Healthcare Limited | Healthcare | 81.4 | Excellent | 22.0 | 20.0 |
| 42 | MEE | Me Today Limited | Consumer Staples | 81.4 | Excellent | 17.0 | 20.0 |
| 43 | SKL | Skellerup Holdings Limited | Industrials | 80.0 | Excellent | 17.0 | 20.0 |
| 44 | AIR | Air New Zealand | Industrials | 79.3 | Very Good | 24.0 | 20.0 |
| 45 | WHS | The Warehouse Group Limited | Consumer Discretionary | 79.3 | Very Good | 21.0 | 20.0 |
| 46 | AFT | AFT Pharmaceuticals Limited | Healthcare | 79.3 | Very Good | 19.0 | 20.0 |
| 47 | APL | Asset Plus | Real Estate | 79.3 | Very Good | 19.0 | 20.0 |
| 48 | CEN | Contact Energy Limited | Utilities | 79.3 | Very Good | 20.0 | 20.0 |
| 49 | PFI | Property for Industry Limited | Real Estate | 79.3 | Very Good | 21.0 | 20.0 |
| 50 | SEK | Seeka Limited | Consumer Staples | 78.6 | Very Good | 17.0 | 20.0 |
| 51 | MPG | Metro Performance Glass | Real Estate | 78.6 | Very Good | 13.0 | 20.0 |
| 52 | RAD | Radius Residential Care Limited | Healthcare | 78.6 | Very Good | 15.0 | 20.0 |
| 53 | CDI | CDL Investments New Zealand Limited | Real Estate | 78.4 | Very Good | 19.0 | 20.0 |
| 54 | SAN | Sanford Limited | Consumer Staples | 78.4 | Very Good | 20.0 | 20.0 |
| 55 | ARG | Argosy Property Limited | Real Estate | 77.9 | Very Good | 19.0 | 20.0 |
| 56 | FRW | Freightways Group Limited | Industrials | 77.9 | Very Good | 20.0 | 20.0 |
| 57 | GEN | General Capital Limited | Financials | 77.9 | Very Good | 19.0 | 20.0 |
| 58 | SKO | Serko Limited | Industrials | 77.9 | Very Good | 20.0 | 20.0 |
| 59 | MOV | MOVE Logistics Group Limited | Industrials | 77.8 | Good | 16.0 | 15.0 |
| 60 | IFT | Infratil Limited | Utilities | 77.6 | Good | 21.0 | 17.0 |
| 61 | IPR | Iperion Limited | Real Estate | 77.6 | Good | 15.0 | 20.0 |
| 62 | RBD | Restaurant Brands New Zealand Limited | Consumer Discretionary | 77.2 | Very Good | 13.0 | 20.0 |
| 63 | 2CC | 2 Cheap Cars Group Limited | Financials | 76.5 | Very Good | 14.0 | 20.0 |
| 64 | FWL | Foley Wines Limited | Consumer Staples | 76.5 | Very Good | 16.0 | 20.0 |
| 65 | BGP | Briscoe Group Limited | Consumer Discretionary | 76.5 | Very Good | 19.0 | 20.0 |
| 66 | TRU | TRUSCREEN GROUP LIMITED | Industrials | 76.5 | Good | 15.0 | 15.0 |
| 67 | SCT | Scott Technology Limited | Industrials | 75.9 | Very Good | 13.0 | 20.0 |
| 68 | POT | Port of Tauranga Limited | Industrials | 75.9 | Very Good | 14.0 | 20.0 |
| 69 | CCC | Cooks Coffee Company Limited | Consumer Staples | 75.2 | Very Good | 18.0 | 20.0 |
| 70 | MEL | Meridian Energy Limited | Utilities | 75.2 | Very Good | 18.0 | 20.0 |
| 71 | VCT | Vector Limited | Utilities | 75.2 | Very Good | 15.0 | 20.0 |
| 72 | TGG | T&G Global Limited | Consumer Staples | 74.8 | Very Good | 13.0 | 20.0 |
| 73 | BAI | Being AI | Healthcare | 74.8 | Good | 14.0 | 15.0 |
| 74 | PGW | PGG Wrightson Limited | Industrials | 74.1 | Good | 20.0 | 0.0 |
| 75 | TAH | Third Age Health Services Limited | Consumer Discretionary | 73.8 | Very Good | 15.0 | 20.0 |
| 76 | ALF | Allied Farmers Limited | Financials | 73.8 | Very Good | 16.0 | 19.0 |
| 77 | ENS | Enprise Group Limited | Information Technology | 73.8 | Very Good | 22.0 | 13.0 |
| 78 | GTK | Gentrack Group Limited | Information Technology | 73.8 | Very Good | 21.0 | 16.0 |
| 79 | PYS | PaySauce Limited | Information Technology | 73.8 | Very Good | 19.0 | 17.0 |
| 80 | SVR | Savor Limited | Consumer Staples | 72.4 | Very Good | 13.0 | 20.0 |
| 81 | ARB | ArborGen Holdings Limited | Industrials | 72.4 | Very Good | 21.0 | 14.0 |
| 82 | WIN | Winton Land Limited | Real Estate | 72.4 | Very Good | 13.0 | 20.0 |
| 83 | VSL | Vulcan Steel Limited | Materials | 72.4 | Very Good | 16.0 | 20.0 |
| 84 | MEX | Minerals Exploration Limited | Materials | 71.7 | Good | 19.0 | 0.0 |
| 85 | GXH | Green Cross Health Limited | Healthcare | 71.7 | Very Good | 13.0 | 20.0 |
| 86 | ANZ | ANZ Group Holdings Limited | Financials | 71.7 | Very Good | 25.0 | 6.0 |
| 87 | DGL | Delegat Group Limited | Consumer Staples | 71.4 | Good | 18.0 | 0.0 |
| 88 | NZK | New Zealand King Salmon Investments Limited | Consumer Staples | 71.2 | Good | 14.0 | 20.0 |
| 89 | BPG | Black Pearl Group Limited | Information Technology | 71.0 | Very Good | 18.0 | 14.0 |
| 90 | GNZ | Goodman NZ | Real Estate | 71.0 | Very Good | 18.0 | 17.0 |
| 91 | MFT | Mainfreight Limited | Industrials | 71.0 | Very Good | 15.0 | 20.0 |
| 92 | MKR | Manuka Resources Limited | Materials | 71.0 | Very Good | 15.0 | 20.0 |
| 93 | RTO | RTO Limited | Information Technology | 70.5 | Good | 14.0 | 15.0 |
| 94 | TWL | TradeWindow Holdings Limited | Industrials | 70.4 | Good | 14.0 | 15.0 |
| 95 | IKE | ikeGPS Group Limited | Materials | 70.3 | Very Good | 12.0 | 20.0 |
| 96 | FCG | Fonterra Co-operative Group Limited | Consumer Staples | 69.7 | Good | 17.0 | 17.0 |
| 97 | SMI | Santana Minerals Ltd | Materials | 69.7 | Good | 14.0 | 20.0 |
| 98 | MCK | Millennium & Copthorne Hotels New Zealand Limited | Consumer Discretionary | 69.7 | Good | 12.0 | 20.0 |
| 99 | VHP | Vital Healthcare Property Trust | Real Estate | 69.4 | Good | 17.0 | 0.0 |
| 100 | SML | Synlait Milk Limited | Consumer Staples | 68.3 | Good | 12.0 | 20.0 |
| 101 | WCO | WasteCo Group Limited | Industrials | 68.3 | Good | 11.0 | 20.0 |
| 102 | AGL | Accordant Group Limited | Utilities | 68.3 | Good | 11.0 | 20.0 |
| 103 | SKC | SkyCity Entertainment Group Limited | Consumer Discretionary | 66.9 | Good | 21.0 | 11.0 |
| 104 | ERD | EROAD | Industrials | 65.5 | Good | 25.0 | 2.0 |
| 105 | FSF | Fonterra Shareholders' Fund | Consumer Staples | 64.1 | Good | 14.0 | 17.0 |
| 106 | NZM | NZME Limited | Communication Services | 64.1 | Good | 24.0 | 4.0 |
| 107 | WBC | Westpac Banking Corporation | Financials | 64.1 | Good | 20.0 | 9.0 |
| 108 | CMO | The Colonial Motor Company Limited | Consumer Discretionary | 64.0 | Good | 13.0 | 17.0 |
| 109 | TRA | Turners Automotive Group | Consumer Discretionary | 63.5 | Good | 11.0 | 20.0 |
| 110 | LIC | Livestock Improvement Corporation Limited | Financials | 62.1 | Good | 22.0 | 4.0 |
| 111 | CRP | Chatham Rock Phosphate Limited | Industrials | 62.0 | Good | 15.0 | 0.0 |
| 112 | SDL | Solution Dynamics Limited | Consumer Discretionary | 60.0 | Good | 16.0 | 13.0 |
| 113 | VGL | Vista Group International Limited | Information Technology | 59.3 | Adequate | 18.0 | 4.0 |
| 114 | CVT | Comvita Limited | Industrials | 56.5 | Adequate | 15.0 | 6.0 |
| 115 | RAK | Rakon Limited | Information Technology | 46.9 | Poor | 13.0 | 2.0 |