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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?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Fri, 03 Dec 2021 | NZ$25.4b | NZ$10.2b | NZ$447.4m | 20.3x |
| Sun, 31 Oct 2021 | NZ$26.4b | NZ$9.9b | NZ$274.8m | 63.7x |
| Tue, 28 Sep 2021 | NZ$26.9b | NZ$9.9b | NZ$274.8m | 65x |
| Thu, 26 Aug 2021 | NZ$26.9b | NZ$9.9b | NZ$274.8m | 69.8x |
| Fri, 02 Jul 2021 | NZ$27.2b | NZ$9.9b | NZ$274.8m | 69.3x |
| Mon, 05 Apr 2021 | NZ$25.7b | NZ$9.2b | NZ$338.8m | 51.9x |
| Thu, 07 Jan 2021 | NZ$26.8b | NZ$8.7b | NZ$795.1m | 39.8x |
| Wed, 30 Sep 2020 | NZ$20.6b | NZ$8.6b | NZ$768.4m | 30.1x |
| Sat, 04 Jul 2020 | NZ$19.6b | NZ$8.6b | NZ$728.3m | 30.6x |
| Tue, 07 Apr 2020 | NZ$17.1b | NZ$8.7b | NZ$289.7m | 26.8x |
| Fri, 10 Jan 2020 | NZ$20.8b | NZ$9.1b | NZ$443.9m | 34.2x |
| Thu, 03 Oct 2019 | NZ$22.3b | NZ$9.4b | NZ$596.3m | 40.3x |
| Sun, 07 Jul 2019 | NZ$21.0b | NZ$9.6b | NZ$658.1m | 31.7x |
| Wed, 10 Apr 2019 | NZ$18.0b | NZ$9.2b | NZ$579.5m | 26.6x |
| Tue, 01 Jan 2019 | NZ$15.8b | NZ$8.7b | NZ$579.3m | 25.8x |
PE Ratio
28.2x
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 Utilities | 0.48% | |
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?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| IFT Infratil | 2.4%+NZ$137.4m | 41.2% | PS4.4x | |
| GNE Genesis Energy | 4.1%+NZ$125.2m | -9.4% | PE95.9x | |
| MCY Mercury NZ | 1.1%+NZ$88.5m | -6.5% | PE57.8x | |
| TPW Trustpower | 3.5%+NZ$78.2m | -0.3% | PE20.3x | |
| CEN Contact Energy | 0%NZ$172.5k | -1.5% | PE32.9x |
