Stock

New Zealand King Salmon Investments Limited

NZK.NZ

Agricultural Farm Products · Consumer Defensive

Price

NZ$0.24

+0.00 (+0.00%)

Market Cap

NZ$131.9M

Exchange

New Zealand Exchange

Winston Score

Winston is worried

Weak fundamentals across most pillars.

Based on the IPO prospectus (annual filing). This score will refine automatically once the company reports its first quarters.

Data as of Sep 20, 2026 · filings through Sep 30, 2025

§How the score breaks down

Quality

Weak

Growth

Weak

Cash Flow

Weak

Stability

Good

Valuation

Data not available

Track this stock — start free trial

Share count rising — dilution

+92.0% over 3y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 280.3M (2022) → 538.2M (2025)

§Winston Score History

The full picture

New Zealand King Salmon Investments Limited (NZK.NZ) is dedicated to the cultivation, processing, and worldwide distribution of high-quality salmon products. The company's operations span New Zealand, North America, Australia, Japan, Europe, and other international territories. Its extensive product line features fresh options like whole fish, fillets, and raw portions, alongside prepared items such as cold-smoked and wood-roasted salmon, salmon and potato cakes, caviar, and salmon oil. They also cater to the pet market with kibble and treats, and offer convenient ready-to-cook portions complete with sauce sachets. These premium offerings reach a varied customer base, including culinary professionals, individual consumers, retail outlets, and wholesale partners. The company markets its goods through several recognized brands, including Ora King, Regal, Southern Ocean, Omega Plus, and New Zealand King Salmon. Established in 2008, its main office is situated in Nelson, New Zealand.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-14.1% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-35.9% YoY

YoY Growth Rate

Earnings declining

R&D Spend

NZ$583,500/ year

0.3% of revenue

Below sector average (2%)

Research and development spending

Cash Runway

~13 months

NZ$50M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Adequate runway but may need to raise capital within 2 years

Revenue declining

New Zealand King Salmon Investments Limited's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

-1.0%

Thin — -1.0% gross margin

Profit after running costs

Operating Margin

-17.1%

Losing money on operations — -17.1%

Return on the money invested

ROCE

-13.9%

Weak — -13.9% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

-16.3%

Shrinking sales (-16.3% YoY)

Profit growth

EPS YoY

-171.0%

Earnings shrinking (-171.0% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is

EPS Consistency

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

N/A

Data not available

Spare cash per sale

FCF Margin

-0.1%

Burning cash (-0.1%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.10

Conservative — low debt load (0.10)

Covers its interest

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

N/M

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial