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New Zealand (NZX) Electric Utilities Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies5
  • 7D0.5%
  • 3M-4.7%
  • 1Y3.2%
  • YTD-9.8%

Over the last 7 days, the Electric Utilities industry has remained flat. The past year has been better, since the industry has gained 4.3% in that time.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Fri, 03 Dec 2021NZ$25.4bNZ$10.2bNZ$447.4m20.3x
Sun, 31 Oct 2021NZ$26.4bNZ$9.9bNZ$274.8m63.7x
Tue, 28 Sep 2021NZ$26.9bNZ$9.9bNZ$274.8m65x
Thu, 26 Aug 2021NZ$26.9bNZ$9.9bNZ$274.8m69.8x
Fri, 02 Jul 2021NZ$27.2bNZ$9.9bNZ$274.8m69.3x
Mon, 05 Apr 2021NZ$25.7bNZ$9.2bNZ$338.8m51.9x
Thu, 07 Jan 2021NZ$26.8bNZ$8.7bNZ$795.1m39.8x
Wed, 30 Sep 2020NZ$20.6bNZ$8.6bNZ$768.4m30.1x
Sat, 04 Jul 2020NZ$19.6bNZ$8.6bNZ$728.3m30.6x
Tue, 07 Apr 2020NZ$17.1bNZ$8.7bNZ$289.7m26.8x
Fri, 10 Jan 2020NZ$20.8bNZ$9.1bNZ$443.9m34.2x
Thu, 03 Oct 2019NZ$22.3bNZ$9.4bNZ$596.3m40.3x
Sun, 07 Jul 2019NZ$21.0bNZ$9.6bNZ$658.1m31.7x
Wed, 10 Apr 2019NZ$18.0bNZ$9.2bNZ$579.5m26.6x
Tue, 01 Jan 2019NZ$15.8bNZ$8.7bNZ$579.3m25.8x
PE Ratio

28.2x

Total Market Cap: NZ$15.6bTotal Earnings: NZ$559.9mTotal Revenue: NZ$8.4b0%0%0%3 Year10 Year
201920202021

Current Industry PE: There is only one profitable company in this industry, so there is insufficient data to make an industry-wide assessment of PE.

Past Earnings Growth: The earnings for companies in the Electric Utilities industry have declined 7.2% per year over the last three years, while revenues for these companies have grown 6.5% 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 Electric Utilities industry?

Electric Utilities0.48%

Industry PE: Investors are most optimistic about the Electric Utilities industry even though it's trading below its 3-year average PE ratio of 38.3x. This is likely because analysts are expecting annual earnings growth of 17%, which is higher than its past year's earnings growth of 3.3% per year.

Forecasted Growth: Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 17% over the next 5 years. This is better than it's past earnings growth rate of 3.3% per year.

Top Stock Gainers and Losers

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

Company7D1YValuation
IFT Infratil2.4%+NZ$137.4m41.2%PS4.4x
GNE Genesis Energy4.1%+NZ$125.2m-9.4%PE95.9x
MCY Mercury NZ1.1%+NZ$88.5m-6.5%PE57.8x
TPW Trustpower3.5%+NZ$78.2m-0.3%PE20.3x
CEN Contact Energy0%NZ$172.5k-1.5%PE32.9x
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Latest News

IFT

NZ$8.19

Infratil

7D

2.4%

1Y

41.2%