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NZX Takeover Probability Rankings

NZX-listed companies ranked by a 6-factor takeover probability model. Considers undervaluation, insider activity, board instability, governance weakness, capital structure, and M&A history. This is an analytical model, not a prediction.

Updates weekly · 26 companies

#	Ticker	Company	Sector	PE Ratio	P/B Ratio	Div Yield
1	LIC	Livestock Improvement Corporation Limited	Financials	6.3	0.5	1286.3%
2	SML	Synlait Milk Limited	Consumer Staples	77.5	0.5	-
3	TGG

Frequently Asked Questions

How is the takeover probability calculated?

NZXplorer uses a 6-factor model examining undervaluation (PE, P/B vs sector), insider activity, board instability, governance weakness, capital structure, and M&A sector history. The model produces an analytical score, not a prediction of actual takeover activity.

Does a high score mean a takeover is likely?

No. The score identifies companies that share characteristics historically associated with takeover targets. Many factors — including controlling shareholders, regulatory requirements, and strategic considerations — affect actual M&A activity and are not captured by this model.

Related Rankings

NZX Stocks with Lowest PE Ratios NZX Insider Buying — Directors Purchasing Shares NZX Governance Rankings — Highest-Scoring Companies

Disclaimer

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.