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New Zealand (NZX) Electric Utilities Industry Analysis

UpdatedApr 30, 2025
DataAggregated Company Financials
Companies4
  • 7D0.4%
  • 3M-5.4%
  • 1Y-3.1%
  • YTD-4.6%

In the last week, Electric Utilities has been flat. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Apr 2025NZ$19.2bNZ$10.8bNZ$399.9m32.6x48.1x1.8x
Fri, 28 Mar 2025NZ$18.6bNZ$10.8bNZ$399.9m31x46.5x1.7x
Sun, 23 Feb 2025NZ$20.3bNZ$10.3bNZ$608.9m30.9x33.4x2x
Tue, 21 Jan 2025NZ$20.3bNZ$9.9bNZ$619.9m29.1x32.7x2x
Thu, 19 Dec 2024NZ$19.6bNZ$9.9bNZ$619.9m29.6x31.7x2x
Sat, 16 Nov 2024NZ$20.1bNZ$9.9bNZ$619.9m28.9x32.4x2x
Mon, 14 Oct 2024NZ$20.1bNZ$9.8bNZ$679.4m30.6x29.6x2x
Wed, 11 Sep 2024NZ$19.3bNZ$9.8bNZ$679.4m29.6x28.5x2x
Fri, 09 Aug 2024NZ$19.6bNZ$8.5bNZ$437.0m39.8x44.8x2.3x
Sun, 07 Jul 2024NZ$20.4bNZ$8.5bNZ$437.0m41.7x46.7x2.4x
Tue, 04 Jun 2024NZ$20.2bNZ$8.5bNZ$437.0m41x46.2x2.4x
Thu, 02 May 2024NZ$19.5bNZ$8.5bNZ$526.0m26.2x37.1x2.3x
Sat, 30 Mar 2024NZ$20.5bNZ$8.5bNZ$526.0m26.8x39x2.4x
Mon, 26 Feb 2024NZ$20.2bNZ$8.5bNZ$526.0m26.5x38.3x2.4x
Wed, 24 Jan 2024NZ$19.5bNZ$7.6bNZ$538.0m32x36.2x2.5x
Fri, 22 Dec 2023NZ$19.2bNZ$7.6bNZ$538.0m31.7x35.7x2.5x
Sun, 19 Nov 2023NZ$18.5bNZ$7.6bNZ$538.0m30.4x34.3x2.4x
Tue, 17 Oct 2023NZ$19.0bNZ$7.7bNZ$522.4m32.2x36.3x2.5x
Thu, 14 Sep 2023NZ$18.7bNZ$7.7bNZ$522.4m32.3x35.7x2.4x
Sat, 12 Aug 2023NZ$21.0bNZ$7.9bNZ$692.2m26.5x30.4x2.7x
Mon, 10 Jul 2023NZ$29.4bNZ$9.7bNZ$1.0b27x29.3x3x
Wed, 07 Jun 2023NZ$27.4bNZ$9.7bNZ$1.0b23.6x27.2x2.8x
Fri, 05 May 2023NZ$26.4bNZ$8.9bNZ$724.1m43.4x36.4x3x
Sun, 02 Apr 2023NZ$26.0bNZ$8.9bNZ$724.1m43.6x35.9x2.9x
Tue, 28 Feb 2023NZ$25.2bNZ$8.9bNZ$724.1m43.3x34.8x2.8x
Thu, 26 Jan 2023NZ$25.2bNZ$8.8bNZ$1.0b33.9x25.2x2.9x
Sat, 24 Dec 2022NZ$24.4bNZ$8.8bNZ$1.0b33.9x24.4x2.8x
Mon, 21 Nov 2022NZ$24.5bNZ$8.8bNZ$1.0b32.8x24.5x2.8x
Wed, 19 Oct 2022NZ$22.9bNZ$8.6bNZ$1.0b15.7x22.4x2.7x
Fri, 16 Sep 2022NZ$26.1bNZ$8.6bNZ$1.0b17.7x25.5x3x
Sun, 14 Aug 2022NZ$26.7bNZ$8.9bNZ$896.2m24.8x29.8x3x
Tue, 12 Jul 2022NZ$24.6bNZ$8.9bNZ$896.2m23.8x27.5x2.8x
Thu, 09 Jun 2022NZ$24.5bNZ$8.9bNZ$896.2m24.5x27.4x2.8x
Sat, 07 May 2022NZ$25.1bNZ$10.1bNZ$833.1m22.1x30.1x2.5x
Price to Earnings Ratio

30.1x


Total Market Cap: NZ$25.1bTotal Earnings: NZ$833.1mTotal Revenue: NZ$10.1bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Electric Utilities Industry Price to Earnings3Y Average 33.4x202320242025
Current Industry PE
  • Investors are optimistic on the New Zealander Electric Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 48.2x which is higher than its 3-year average PE of 33.4x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have declined 22% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.4% 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 Market1.04%
Utilities-0.80%
Electric Utilities0.43%
Electric Utilities0.43%
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$5.700.8%
+NZ$63.3m		-10.7%PE163.7x
CEN Contact EnergyNZ$9.100.6%
+NZ$40.1m		5.0%PE32.6x
MNW Manawa EnergyNZ$4.850.4%
+NZ$6.3m		11.2%PS2.7x
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Latest News

CEN

NZ$9.10

Contact Energy

7D

0.6%

1Y

5.0%

Is Contact Energy (NZSE:CEN) A Risky Investment?

Apr 24
Is Contact Energy (NZSE:CEN) A Risky Investment?

MCY

NZ$5.70

Mercury NZ

7D

0.8%

1Y

-10.7%

MNW

NZ$4.85

Manawa Energy

7D

0.4%

1Y

11.2%

GNE

NZ$2.18

Genesis Energy

7D

-1.1%

1Y

-6.2%