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New Zealand (NZX) Electric Utilities Industry Analysis

UpdatedJan 25, 2025
DataAggregated Company Financials
Companies4
  • 7D0.5%
  • 3M1.3%
  • 1Y3.3%
  • YTD1.6%

Mercury NZ is up 0.8%, leading the way for the Electric Utilities industry, which has gained 1.5%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 8.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 Jan 2025NZ$20.2bNZ$9.9bNZ$619.9m29.1x32.6x2x
Mon, 23 Dec 2024NZ$19.7bNZ$9.9bNZ$619.9m29.1x31.8x2x
Wed, 20 Nov 2024NZ$20.2bNZ$9.9bNZ$619.9m29.3x32.6x2x
Fri, 18 Oct 2024NZ$20.1bNZ$9.8bNZ$679.4m30.9x29.5x2x
Sun, 15 Sep 2024NZ$19.2bNZ$9.8bNZ$679.4m28.7x28.3x2x
Tue, 13 Aug 2024NZ$19.3bNZ$8.5bNZ$437.0m41.5x44.2x2.3x
Thu, 11 Jul 2024NZ$19.7bNZ$8.5bNZ$437.0m41.1x45x2.3x
Sat, 08 Jun 2024NZ$20.1bNZ$8.5bNZ$437.0m41.2x46x2.4x
Mon, 06 May 2024NZ$19.7bNZ$8.5bNZ$526.0m25.9x37.4x2.3x
Wed, 03 Apr 2024NZ$20.3bNZ$8.5bNZ$526.0m26.3x38.7x2.4x
Fri, 01 Mar 2024NZ$20.0bNZ$8.5bNZ$526.0m26x38x2.4x
Sun, 28 Jan 2024NZ$19.5bNZ$7.6bNZ$538.0m32.3x36.3x2.6x
Tue, 26 Dec 2023NZ$19.3bNZ$7.6bNZ$538.0m31.8x36x2.5x
Thu, 23 Nov 2023NZ$18.4bNZ$7.6bNZ$538.0m30.4x34.2x2.4x
Sat, 21 Oct 2023NZ$18.3bNZ$7.7bNZ$522.4m31.5x35.1x2.4x
Mon, 18 Sep 2023NZ$19.1bNZ$7.7bNZ$522.4m32.7x36.5x2.5x
Wed, 16 Aug 2023NZ$21.1bNZ$7.8bNZ$778.2m26.2x27.1x2.7x
Fri, 14 Jul 2023NZ$29.1bNZ$9.7bNZ$1.0b26.6x28.9x3x
Sun, 11 Jun 2023NZ$26.4bNZ$9.7bNZ$1.0b23x26.2x2.7x
Tue, 09 May 2023NZ$26.3bNZ$8.9bNZ$724.1m43x36.3x3x
Thu, 06 Apr 2023NZ$26.0bNZ$8.9bNZ$724.1m42.5x35.9x2.9x
Sat, 04 Mar 2023NZ$25.8bNZ$8.9bNZ$724.1m43.2x35.6x2.9x
Mon, 30 Jan 2023NZ$25.5bNZ$8.8bNZ$1.0b33.8x25.4x2.9x
Wed, 28 Dec 2022NZ$24.4bNZ$8.8bNZ$1.0b33.9x24.4x2.8x
Fri, 25 Nov 2022NZ$24.1bNZ$8.8bNZ$1.0b32.1x24x2.7x
Sun, 23 Oct 2022NZ$23.2bNZ$8.6bNZ$1.0b15.6x22.7x2.7x
Tue, 20 Sep 2022NZ$26.0bNZ$8.6bNZ$1.0b17.7x25.5x3x
Thu, 18 Aug 2022NZ$26.7bNZ$8.9bNZ$866.2m34.3x30.9x3x
Sat, 16 Jul 2022NZ$24.5bNZ$8.9bNZ$896.2m24x27.4x2.8x
Mon, 13 Jun 2022NZ$24.2bNZ$8.9bNZ$896.2m23.9x27x2.7x
Wed, 11 May 2022NZ$24.8bNZ$10.1bNZ$833.1m21.4x29.7x2.5x
Fri, 08 Apr 2022NZ$26.0bNZ$10.1bNZ$833.1m22.7x31.3x2.6x
Sun, 06 Mar 2022NZ$25.4bNZ$10.1bNZ$833.1m22.3x30.5x2.5x
Tue, 01 Feb 2022NZ$24.1bNZ$10.2bNZ$447.4m43.1x53.9x2.4x
Price to Earnings Ratio

53.9x


Total Market Cap: NZ$24.1bTotal Earnings: NZ$447.4mTotal Revenue: NZ$10.2bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Electric Utilities Industry Price to Earnings3Y Average 32.9x202320242025
Current Industry PE
  • Investors are relatively neutral on the New Zealander Electric Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 33.0x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have grown 11% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

NZ Market-1.00%
Utilities-1.61%
Electric Utilities0.55%
Electric Utilities0.55%
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
GNE Genesis EnergyNZ$2.296.0%
+NZ$141.8m		-9.5%PE19.1x
MCY Mercury NZNZ$6.030.5%
+NZ$42.0m		-7.2%PE29.1x
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