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New Zealand (NZX) Renewable Energy Industry Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies1
  • 7D1.3%
  • 3M-2.5%
  • 1Y-4.5%
  • YTD-1.4%

In the last week, the Renewable Energy industry is up 2.6%, with all of the companies up. In the past year, the industry is down 3.1%. Looking forward, earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026NZ$14.6bNZ$4.6b-NZ$104,000,000.00n/a-140.6x3.2x
Tue, 10 Mar 2026NZ$14.4bNZ$4.6b-NZ$104,000,000.00n/a-138.8x3.1x
Thu, 05 Feb 2026NZ$14.8bNZ$4.8b-NZ$452,000,000.00n/a-32.8x3.1x
Sat, 03 Jan 2026NZ$14.8bNZ$4.8b-NZ$452,000,000.00n/a-32.7x3.1x
Mon, 01 Dec 2025NZ$14.9bNZ$4.8b-NZ$452,000,000.00n/a-32.9x3.1x
Wed, 29 Oct 2025NZ$15.5bNZ$4.8b-NZ$452,000,000.00n/a-34.4x3.2x
Fri, 26 Sep 2025NZ$15.1bNZ$4.8b-NZ$452,000,000.00n/a-33.5x3.1x
Sun, 24 Aug 2025NZ$14.9bNZ$5.0bNZ$117.0m127.1x127.1x3x
Tue, 22 Jul 2025NZ$15.1bNZ$5.0bNZ$123.0m71.7x123x3x
Thu, 19 Jun 2025NZ$15.0bNZ$5.0bNZ$123.0m71.2x122x3x
Sat, 17 May 2025NZ$14.9bNZ$5.0bNZ$123.0m70.7x121.3x3x
Mon, 14 Apr 2025NZ$15.1bNZ$5.0bNZ$123.0m71.4x123.2x3x
Wed, 12 Mar 2025NZ$14.5bNZ$5.0bNZ$123.0m68.5x117.7x2.9x
Fri, 07 Feb 2025NZ$15.3bNZ$4.9bNZ$429.1m178.2x35.6x3.1x
Sun, 05 Jan 2025NZ$15.3bNZ$4.9bNZ$429.1m178.3x35.8x3.2x
Tue, 03 Dec 2024NZ$16.2bNZ$4.9bNZ$429.1m177.2x37.8x3.3x
Thu, 31 Oct 2024NZ$15.6bNZ$4.9bNZ$429.1m192.2x36.3x3.2x
Sat, 28 Sep 2024NZ$15.6bNZ$4.9bNZ$429.1m181.1x36.4x3.2x
Mon, 26 Aug 2024NZ$16.1bNZ$3.9bNZ$74.8m188.8x215.4x4.2x
Wed, 24 Jul 2024NZ$17.0bNZ$3.9bNZ$74.8m198.9x226.8x4.4x
Fri, 21 Jun 2024NZ$16.2bNZ$3.9bNZ$74.8m190.3x217.1x4.2x
Sun, 19 May 2024NZ$15.8bNZ$3.9bNZ$74.8m185.8x211.8x4.1x
Tue, 16 Apr 2024NZ$15.0bNZ$3.9bNZ$74.8m176.3x201.2x3.9x
Thu, 14 Mar 2024NZ$14.7bNZ$3.9bNZ$74.8m172.9x197.2x3.8x
Sat, 10 Feb 2024NZ$14.7bNZ$3.2bNZ$89.7m152.8x163.8x4.6x
Mon, 08 Jan 2024NZ$14.4bNZ$3.2bNZ$89.7m151.3x160.8x4.5x
Wed, 06 Dec 2023NZ$13.6bNZ$3.2bNZ$89.7m141.6x151.4x4.2x
Fri, 03 Nov 2023NZ$12.9bNZ$3.2bNZ$89.7m135.3x143.9x4x
Sun, 01 Oct 2023NZ$13.3bNZ$3.2bNZ$89.7m140x148.6x4.1x
Tue, 29 Aug 2023NZ$13.9bNZ$3.6bNZ$509.6m20.8x27.2x3.9x
Thu, 27 Jul 2023NZ$14.2bNZ$3.6bNZ$509.6m21.1x28x4x
Sat, 24 Jun 2023NZ$14.0bNZ$3.6bNZ$509.6m21x27.4x3.9x
Mon, 22 May 2023NZ$14.1bNZ$3.6bNZ$509.6m21.4x27.7x4x
Wed, 19 Apr 2023NZ$13.6bNZ$3.6bNZ$509.6m20.9x26.6x3.8x
Price to Earnings Ratio

26.6x


Total Market Cap: NZ$13.6bTotal Earnings: NZ$509.6mTotal Revenue: NZ$3.6bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Renewable Energy Industry Price to Earnings3Y Average 80.1x202420252026
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 8.7% 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 Market1.86%
Utilities1.42%
Renewable Energy1.28%
Renewable Energy1.28%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 31% over the next 5 years.
    • In contrast, the Renewable Energy industry is expected to see its earnings grow by 31% 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
    		MEL Meridian EnergyNZ$5.521.3%
    +NZ$185.4m    		-4.5%PS3.2x

    Latest News

    MEL
    NZ$5.52
    Meridian Energy
    7D
    1.3%
    1Y
    -4.5%