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New Zealand (NZX) Renewable Energy Industry Analysis

UpdatedFeb 22, 2026
DataAggregated Company Financials
Companies1
  • 7D-2.6%
  • 3M-2.3%
  • 1Y-4.6%
  • YTD0.2%

Over the last 7 days, the Renewable Energy industry has dropped 2.6%, driven by declines from every company within the industry. Overall the industry is down 4.6% in 12 months. Earnings are forecast to grow by 39% annually.

Industry Valuation and Performance

Has the New Zealand Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Feb 2026NZ$14.8bNZ$4.8b-NZ$452,000,000.00n/a-32.8x3.1x
Tue, 20 Jan 2026NZ$14.8bNZ$4.8b-NZ$452,000,000.00n/a-32.6x3.1x
Thu, 18 Dec 2025NZ$14.8bNZ$4.8b-NZ$452,000,000.00n/a-32.7x3.1x
Sat, 15 Nov 2025NZ$15.5bNZ$4.8b-NZ$452,000,000.00n/a-34.3x3.2x
Mon, 13 Oct 2025NZ$15.8bNZ$4.8b-NZ$452,000,000.00n/a-34.9x3.3x
Wed, 10 Sep 2025NZ$15.0bNZ$4.8b-NZ$452,000,000.00n/a-33.3x3.1x
Fri, 08 Aug 2025NZ$14.8bNZ$5.0bNZ$117.0m126.7x126.7x3x
Sun, 06 Jul 2025NZ$15.4bNZ$5.0bNZ$123.0m72.9x125.3x3.1x
Tue, 03 Jun 2025NZ$14.4bNZ$5.0bNZ$123.0m68.8x117.5x2.9x
Thu, 01 May 2025NZ$14.4bNZ$5.0bNZ$123.0m68.3x117.2x2.9x
Sat, 29 Mar 2025NZ$14.9bNZ$5.0bNZ$123.0m70.2x120.9x3x
Mon, 24 Feb 2025NZ$15.4bNZ$4.9bNZ$429.1m303.9x35.9x3.2x
Wed, 22 Jan 2025NZ$15.4bNZ$4.9bNZ$429.1m183.2x35.8x3.2x
Fri, 20 Dec 2024NZ$14.8bNZ$4.9bNZ$429.1m182.4x34.4x3x
Sun, 17 Nov 2024NZ$15.4bNZ$4.9bNZ$429.1m180.8x35.8x3.2x
Tue, 15 Oct 2024NZ$15.3bNZ$4.9bNZ$429.1m178.2x35.6x3.1x
Thu, 12 Sep 2024NZ$16.0bNZ$4.9bNZ$429.1m185.2x37.2x3.3x
Sat, 10 Aug 2024NZ$16.2bNZ$3.9bNZ$74.8m189.4x216.1x4.2x
Mon, 08 Jul 2024NZ$17.0bNZ$3.9bNZ$74.8m199.5x227.5x4.4x
Wed, 05 Jun 2024NZ$17.0bNZ$3.9bNZ$74.8m199.5x227.4x4.4x
Fri, 03 May 2024NZ$15.6bNZ$3.9bNZ$74.8m183x208.7x4x
Sun, 31 Mar 2024NZ$15.3bNZ$3.9bNZ$74.8m180x205.3x4x
Tue, 27 Feb 2024NZ$15.1bNZ$3.2bNZ$89.7m158.2x168.1x4.7x
Thu, 25 Jan 2024NZ$14.7bNZ$3.2bNZ$89.7m153.9x163.5x4.5x
Sat, 23 Dec 2023NZ$14.2bNZ$3.2bNZ$89.7m149.2x158.6x4.4x
Mon, 20 Nov 2023NZ$13.0bNZ$3.2bNZ$89.7m136.1x144.7x4x
Wed, 18 Oct 2023NZ$13.3bNZ$3.2bNZ$89.7m139.2x147.8x4.1x
Fri, 15 Sep 2023NZ$13.7bNZ$3.2bNZ$89.7m143.8x152.7x4.2x
Sun, 13 Aug 2023NZ$14.2bNZ$3.6bNZ$509.6m21.2x27.8x4x
Tue, 11 Jul 2023NZ$14.5bNZ$3.6bNZ$509.6m21.3x28.4x4x
Thu, 08 Jun 2023NZ$14.2bNZ$3.6bNZ$509.6m21.3x27.9x4x
Sat, 06 May 2023NZ$13.9bNZ$3.6bNZ$509.6m21.1x27.2x3.9x
Mon, 03 Apr 2023NZ$13.6bNZ$3.6bNZ$509.6m20.3x26.7x3.8x
Wed, 01 Mar 2023NZ$13.7bNZ$3.7bNZ$456.2m18.8x30.1x3.7x
Price to Earnings Ratio

30.1x


Total Market Cap: NZ$13.7bTotal Earnings: NZ$456.2mTotal Revenue: NZ$3.7bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Renewable Energy Industry Price to Earnings3Y Average 87.2x202420252026
Current Industry PE
    There is only one company in the New Zealander Renewable Energy industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • Total earnings for the Renewable Energy industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 9.2% 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 Market0.28%
Utilities-2.52%
Renewable Energy-2.60%
Renewable Energy-2.60%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 39% over the next 5 years.
    • In contrast, the Renewable Energy industry is expected to see its earnings grow by 39% per year over the next few years.

    Top Stock Gainers and Losers

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

    CompanyLast Price7D1YValuation
    No data available

    Latest News

    MEL
    NZ$5.61
    Meridian Energy
    7D
    -2.6%
    1Y
    -4.6%

    Meridian Energy Limited (NZSE:MEL) Shares Could Be 40% Below Their Intrinsic Value Estimate

    Jan 12
    Meridian Energy Limited (NZSE:MEL) Shares Could Be 40% Below Their Intrinsic Value Estimate