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New Zealand (NZX) Electric Utilities Industry Analysis

UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies4
  • 7D1.2%
  • 3M3.4%
  • 1Y3.1%
  • YTD3.1%

Over the last 7 days, the Electric Utilities industry has risen 1.2%, driven by gains from every company within the industry. In the last 12 months, the industry was up 3.1%. Earnings are forecast to grow by 8.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Feb 2025NZ$20.7bNZ$9.9bNZ$619.9m31x33.4x2.1x
Tue, 14 Jan 2025NZ$20.0bNZ$9.9bNZ$619.9m28.2x32.3x2x
Thu, 12 Dec 2024NZ$19.9bNZ$9.9bNZ$619.9m29.4x32.1x2x
Sat, 09 Nov 2024NZ$20.0bNZ$9.8bNZ$679.4m30.6x29.5x2x
Mon, 07 Oct 2024NZ$19.5bNZ$9.8bNZ$679.4m29.5x28.7x2x
Wed, 04 Sep 2024NZ$19.1bNZ$9.8bNZ$679.4m29.5x28.1x1.9x
Fri, 02 Aug 2024NZ$20.1bNZ$8.5bNZ$437.0m41.9x46x2.4x
Sun, 30 Jun 2024NZ$19.9bNZ$8.5bNZ$437.0m41x45.6x2.3x
Tue, 28 May 2024NZ$19.6bNZ$8.5bNZ$437.0m41.1x44.9x2.3x
Thu, 25 Apr 2024NZ$19.7bNZ$8.5bNZ$526.0m26.3x37.5x2.3x
Sat, 23 Mar 2024NZ$20.0bNZ$8.5bNZ$526.0m26x38.1x2.4x
Mon, 19 Feb 2024NZ$19.9bNZ$7.6bNZ$538.0m32.2x36.9x2.6x
Wed, 17 Jan 2024NZ$19.4bNZ$7.6bNZ$538.0m32.2x36x2.5x
Fri, 15 Dec 2023NZ$18.8bNZ$7.6bNZ$538.0m31x35x2.5x
Sun, 12 Nov 2023NZ$18.3bNZ$7.7bNZ$522.4m31.6x35.1x2.4x
Tue, 10 Oct 2023NZ$18.6bNZ$7.7bNZ$522.4m31.7x35.7x2.4x
Thu, 07 Sep 2023NZ$19.0bNZ$7.7bNZ$522.4m32.8x36.4x2.5x
Sat, 05 Aug 2023NZ$20.9bNZ$7.9bNZ$692.2m26.1x30.2x2.6x
Mon, 03 Jul 2023NZ$29.0bNZ$9.7bNZ$1.0b26.3x28.9x3x
Wed, 31 May 2023NZ$26.5bNZ$9.7bNZ$1.0b23.3x26.4x2.7x
Fri, 28 Apr 2023NZ$25.9bNZ$8.9bNZ$724.1m43.4x35.8x2.9x
Sun, 26 Mar 2023NZ$24.8bNZ$8.9bNZ$724.1m43x34.3x2.8x
Tue, 21 Feb 2023NZ$25.9bNZ$8.7bNZ$860.5m44x30.1x3x
Thu, 19 Jan 2023NZ$25.2bNZ$8.8bNZ$1.0b33.8x25.1x2.8x
Sat, 17 Dec 2022NZ$24.8bNZ$8.8bNZ$1.0b34x24.8x2.8x
Mon, 14 Nov 2022NZ$23.8bNZ$8.5bNZ$952.1m31.6x25x2.8x
Wed, 12 Oct 2022NZ$23.5bNZ$8.6bNZ$1.0b16.3x23x2.7x
Fri, 09 Sep 2022NZ$26.3bNZ$8.6bNZ$1.0b17.8x25.7x3.1x
Sun, 07 Aug 2022NZ$26.6bNZ$8.9bNZ$896.2m24.7x29.6x3x
Tue, 05 Jul 2022NZ$23.5bNZ$8.9bNZ$896.2m23x26.2x2.6x
Thu, 02 Jun 2022NZ$24.4bNZ$8.9bNZ$896.2m24.6x27.3x2.7x
Sat, 30 Apr 2022NZ$26.1bNZ$10.1bNZ$833.1m22.8x31.3x2.6x
Mon, 28 Mar 2022NZ$25.2bNZ$10.1bNZ$833.1m22.4x30.2x2.5x
Wed, 23 Feb 2022NZ$25.4bNZ$10.1bNZ$800.4m18.9x31.7x2.5x
Price to Earnings Ratio

31.7x


Total Market Cap: NZ$25.4bTotal Earnings: NZ$800.4mTotal Revenue: NZ$10.1bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Electric Utilities Industry Price to Earnings3Y Average 32.5x202320242025
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 32.5x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have grown 7.2% 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 Market0.79%
Utilities1.67%
Electric Utilities1.17%
Electric Utilities1.17%
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$6.431.1%
+NZ$98.0m		-5.2%PE31x
CEN Contact EnergyNZ$9.390.9%
+NZ$63.8m		15.6%PE31.9x
GNE Genesis EnergyNZ$2.332.0%
+NZ$49.1m		-9.3%PE19.4x
MNW Manawa EnergyNZ$5.301.7%
+NZ$28.2m		28.6%PS3x
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Latest News

CEN

NZ$9.39

Contact Energy

7D

0.9%

1Y

15.6%

MCY

NZ$6.43

Mercury NZ

7D

1.1%

1Y

-5.2%

GNE

NZ$2.33

Genesis Energy

7D

2.0%

1Y

-9.3%

MNW

NZ$5.30

Manawa Energy

7D

1.7%

1Y

28.6%