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NZX Companies with Lowest Governance Scores

NZX-listed companies with the lowest Governance Risk Scores (GRS). Identifies companies where governance metrics are below common thresholds based on disclosed data.

Updates weekly · 115 companies

#	Ticker	Company	Sector	GRS Score	Rating	Board Structure	Shareholder Rights
1	RAK	Rakon Limited	Information Technology	46.9	Poor	13.0	2.0
2	CVT	Comvita Limited	Industrials	56.5	Adequate	15.0

Frequently Asked Questions

What does a low governance score mean?

A low GRS score indicates that fewer governance best practices were detected based on available disclosed data. It does not necessarily mean the company is poorly managed — it may reflect limited disclosure rather than poor governance.

Should I avoid companies with low governance scores?

NZXplorer provides data for informational purposes only and does not make investment recommendations. Governance scores are one of many factors that may be considered when evaluating a company.

Related Rankings

NZX Governance Rankings — Highest-Scoring Companies NZX Disclosure Transparency Rankings Most Contentious NZX Shareholder Votes

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.