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New Zealand (NZX) Electric Utilities Industry Analysis

UpdatedJul 22, 2025
DataAggregated Company Financials
Companies3
  • 7D0.8%
  • 3M5.4%
  • 1Y-1.1%
  • YTD1.0%

Over the last 7 days, the Electric Utilities industry has dropped 1.4%, driven by a pullback from Contact Energy of 0.4%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 10% per annum.

Industry Valuation and Performance

Has the New Zealand Electric Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 22 Jul 2025NZ$20.3bNZ$10.3bNZ$436.1m40x46.6x2x
Thu, 19 Jun 2025NZ$20.1bNZ$10.8bNZ$435.3m32.5x46.2x1.9x
Sat, 17 May 2025NZ$20.4bNZ$10.8bNZ$399.9m32.7x51.1x1.9x
Mon, 14 Apr 2025NZ$19.4bNZ$10.8bNZ$399.9m32.3x48.4x1.8x
Wed, 12 Mar 2025NZ$19.1bNZ$10.8bNZ$399.9m31.7x47.7x1.8x
Fri, 07 Feb 2025NZ$20.6bNZ$9.9bNZ$619.9m30.9x33.3x2.1x
Sun, 05 Jan 2025NZ$20.1bNZ$9.9bNZ$619.9m27.8x32.3x2x
Tue, 03 Dec 2024NZ$20.5bNZ$9.9bNZ$619.9m30.4x33.1x2.1x
Thu, 31 Oct 2024NZ$20.1bNZ$9.8bNZ$679.4m30.6x29.6x2.1x
Sat, 28 Sep 2024NZ$19.0bNZ$9.8bNZ$679.4m28.6x27.9x1.9x
Mon, 26 Aug 2024NZ$19.7bNZ$9.8bNZ$679.4m30.3x29x2x
Wed, 24 Jul 2024NZ$20.1bNZ$8.5bNZ$437.0m42.2x45.9x2.4x
Fri, 21 Jun 2024NZ$19.9bNZ$8.5bNZ$437.0m41.3x45.5x2.3x
Sun, 19 May 2024NZ$19.7bNZ$8.5bNZ$526.0m25.8x37.5x2.3x
Tue, 16 Apr 2024NZ$19.8bNZ$8.5bNZ$526.0m26x37.6x2.3x
Thu, 14 Mar 2024NZ$20.0bNZ$8.5bNZ$526.0m26.2x38x2.4x
Sat, 10 Feb 2024NZ$20.0bNZ$7.6bNZ$538.0m32.3x37.2x2.6x
Mon, 08 Jan 2024NZ$19.7bNZ$7.6bNZ$538.0m31.8x36.6x2.6x
Wed, 06 Dec 2023NZ$18.6bNZ$7.6bNZ$538.0m30.5x34.5x2.4x
Fri, 03 Nov 2023NZ$18.4bNZ$7.7bNZ$522.4m31.4x35.3x2.4x
Sun, 01 Oct 2023NZ$18.8bNZ$7.7bNZ$522.4m32.2x36x2.5x
Tue, 29 Aug 2023NZ$19.3bNZ$7.7bNZ$522.4m32.8x36.9x2.5x
Thu, 27 Jul 2023NZ$29.0bNZ$9.7bNZ$1.0b26.2x28.9x3x
Sat, 24 Jun 2023NZ$28.4bNZ$9.7bNZ$1.0b25.1x28.2x2.9x
Mon, 22 May 2023NZ$26.8bNZ$9.1bNZ$785.1m33.1x34.1x3x
Wed, 19 Apr 2023NZ$25.9bNZ$8.9bNZ$724.1m43.5x35.7x2.9x
Fri, 17 Mar 2023NZ$25.5bNZ$8.9bNZ$724.1m43.8x35.2x2.9x
Sun, 12 Feb 2023NZ$26.1bNZ$8.8bNZ$1.0b33.5x26x2.9x
Tue, 10 Jan 2023NZ$24.6bNZ$8.8bNZ$1.0b33.8x24.5x2.8x
Thu, 08 Dec 2022NZ$24.3bNZ$8.8bNZ$1.0b33.2x24.3x2.7x
Sat, 05 Nov 2022NZ$24.6bNZ$8.6bNZ$1.0b16.7x24.1x2.9x
Mon, 03 Oct 2022NZ$24.7bNZ$8.6bNZ$1.0b17x24.2x2.9x
Wed, 31 Aug 2022NZ$25.9bNZ$8.6bNZ$1.0b17.7x25.3x3x
Fri, 29 Jul 2022NZ$24.7bNZ$8.9bNZ$896.2m23.3x27.5x2.8x
Price to Earnings Ratio

27.5x


Total Market Cap: NZ$24.7bTotal Earnings: NZ$896.2mTotal Revenue: NZ$8.9bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Electric Utilities Industry Price to Earnings3Y Average 34.9x202320242025
Current Industry PE
    There are only 3 companies in the New Zealander Electric Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have declined 21% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the New Zealand Utilities industry?

NZ Market1.83%
Utilities0.28%
Electric Utilities0.77%
Electric Utilities0.77%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MCY Mercury NZNZ$6.210.7%
+NZ$63.3m		-10.1%PE178.3x
CEN Contact EnergyNZ$9.100.7%
+NZ$59.1m		6.4%PE40x
GNE Genesis EnergyNZ$2.391.3%
+NZ$33.0m		8.4%PE16.1x

Latest News

CEN
NZ$9.10
Contact Energy
7D
0.7%
1Y
6.4%
MCY
NZ$6.21
Mercury NZ
7D
0.7%
1Y
-10.1%
GNE
NZ$2.39
Genesis Energy
7D
1.3%
1Y
8.4%