Z Energy
Market Cap
NZ$1.6b
Last Updated
2021/01/26 06:01 UTC
Data Sources
Company Financials +
Executive Summary
Z Energy Limited sells transport fuel in New Zealand. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and slightly overvalued.
Share Price & News
How has Z Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ZEL is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ZEL's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-1.0%
ZEL
-1.3%
NZ Oil and Gas
3.9%
NZ Market
1 Year Return
-32.7%
ZEL
-24.1%
NZ Oil and Gas
10.6%
NZ Market
Return vs Industry: ZEL underperformed the NZ Oil and Gas industry which returned -24.1% over the past year.
Return vs Market: ZEL underperformed the NZ Market which returned 10.6% over the past year.
Shareholder returns
| ZEL | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | -1.3% | 3.9% |
| 30 Day | -7.3% | 8.3% | 3.2% |
| 90 Day | 4.1% | 33.1% | 11.0% |
| 1 Year | -32.7%-32.7% | -21.3%-24.1% | 14.7%10.6% |
| 3 Year | -52.9%-59.7% | -16.4%-25.4% | 56.9%36.1% |
| 5 Year | -42.7%-55.1% | 23.9%5.2% | 112.7%61.1% |
Long-Term Price Volatility Vs. Market
How volatile is Z Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Z Energy's (NZSE:ZEL) Stock Price Has Reduced 59% In The Past Three Years1 month ago | Simply Wall St
Are Investors Undervaluing Z Energy Limited (NZSE:ZEL) By 38%?2 months ago | Simply Wall St
Is Z Energy (NZSE:ZEL) Using Debt Sensibly?Valuation
Is Z Energy undervalued compared to its fair value and its price relative to the market?
41.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ZEL (NZ$3.03) is trading below our estimate of fair value (NZ$5.17)
Significantly Below Fair Value: ZEL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ZEL is unprofitable, so we can't compare its PE Ratio to the XO Oil and Gas industry average.
PE vs Market: ZEL is unprofitable, so we can't compare its PE Ratio to the NZ market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ZEL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ZEL's PB Ratio (1.8x) is in line with the XO Oil and Gas industry average.
Next Steps
Future Growth
How is Z Energy forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
73.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZEL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: ZEL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ZEL's is expected to become profitable in the next 3 years.
Revenue vs Market: ZEL's revenue (7.7% per year) is forecast to grow faster than the NZ market (5.1% per year).
High Growth Revenue: ZEL's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ZEL's Return on Equity is forecast to be low in 3 years time (10.5%).
Next Steps
Past Performance
How has Z Energy performed over the past 5 years?
-17.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZEL is currently unprofitable.
Growing Profit Margin: ZEL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ZEL is unprofitable, and losses have increased over the past 5 years at a rate of 17.1% per year.
Accelerating Growth: Unable to compare ZEL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ZEL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-61.9%).
Return on Equity
High ROE: ZEL has a negative Return on Equity (-20.07%), as it is currently unprofitable.
Next Steps
Financial Health
How is Z Energy's financial position?
Financial Position Analysis
Short Term Liabilities: ZEL's short term assets (NZ$976.0M) exceed its short term liabilities (NZ$669.0M).
Long Term Liabilities: ZEL's short term assets (NZ$976.0M) do not cover its long term liabilities (NZ$1.3B).
Debt to Equity History and Analysis
Debt Level: ZEL's debt to equity ratio (92.4%) is considered high.
Reducing Debt: ZEL's debt to equity ratio has increased from 86.7% to 92.4% over the past 5 years.
Debt Coverage: ZEL's debt is well covered by operating cash flow (34.8%).
Interest Coverage: Insufficient data to determine if ZEL's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Z Energy current dividend yield, its reliability and sustainability?
5.80%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ZEL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ZEL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ZEL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ZEL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ZEL is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ZEL's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
Mike Bennetts
10.75yrs
Tenure
Mr. Michael John Bennetts, also known as Mike, BBS, Diploma in Corporate Management, CMInstD, serves as a Member of the Management of Morrison & Co Infrastructure Management Limited - Manager for Infratil ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 10.75yrs | no data | 0.071% NZ$ 1.1m | |
| Chief Financial Officer | 1.75yrs | no data | 0.023% NZ$ 367.3k | |
| Investor Relations Manager | no data | no data | no data | |
| General Counsel & Chief Governance Officer | 2.25yrs | no data | no data | |
| Chief People Officer | no data | no data | no data | |
| Chief Innovation Officer | no data | no data | no data | |
| Chief Digital Officer | 1.92yrs | no data | no data |
2.1yrs
Average Tenure
Experienced Management: ZEL's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 3.67yrs | NZ$126.14k | 0.0035% NZ$ 55.2k | |
| Independent Director | 1.25yrs | NZ$49.07k | 0.0029% NZ$ 45.7k | |
| Independent Director | 2.42yrs | NZ$117.00k | no data | |
| Independent Chairman | 1.67yrs | NZ$194.10k | 0.010% NZ$ 158.8k | |
| Independent Director | 5.42yrs | NZ$127.00k | 0.0069% NZ$ 109.3k | |
| Independent Director | 4.92yrs | NZ$125.52k | 0.0041% NZ$ 64.6k |
3.0yrs
Average Tenure
Experienced Board: ZEL's board of directors are considered experienced (3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ZEL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30.1%.
Top Shareholders
Company Information
Z Energy Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Z Energy Limited
- Ticker: ZEL
- Exchange: NZSE
- Founded: 1959
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: NZ$1.586b
- Shares outstanding: 520.14m
- Website: https://www.z.co.nz
Number of Employees
Location
- Z Energy Limited
- 3 Queens Wharf
- Wellington
- 6011
- New Zealand
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ZEL | NZSE (New Zealand Stock Exchange) | Yes | Ordinary Shares | NZ | NZD | Aug 2013 |
| ZEL | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Aug 2013 |
| ZEL | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Aug 2013 |
| ZNRG.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Aug 2013 |
Biography
Z Energy Limited sells transport fuel in New Zealand. It supplies fuel to retail customers, as well as commercial customers, such as airlines, trucking companies, shipping companies, and vehicle fleet oper...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 06:01 |
| End of Day Share Price | 2021/01/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.