Z Energy Limited sells transport fuel in New Zealand.
Reasonable growth potential and fair value.
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's share price has been volatile over the past 3 months.
7 Day Return
NZ Oil and Gas
1 Year Return
NZ Oil and Gas
Return vs Industry: ZEL underperformed the NZ Oil and Gas industry which returned 3.1% over the past year.
Return vs Market: ZEL underperformed the NZ Market which returned 16.3% over the past year.
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
7 hours ago | Simply Wall StDon't Race Out To Buy Z Energy Limited (NZSE:ZEL) Just Because It's Going Ex-Dividend
5 days ago | Simply Wall StZ Energy Limited (NZSE:ZEL) Delivered A Weaker ROE Than Its Industry
3 weeks ago | Simply Wall StDoes Z Energy (NZSE:ZEL) Have A Healthy Balance Sheet?
Is Z Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ZEL (NZ$5.25) is trading below our estimate of fair value (NZ$7.1)
Significantly Below Fair Value: ZEL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ZEL is poor value based on its PE Ratio (11.2x) compared to the Oil and Gas industry average (9.2x).
PE vs Market: ZEL is good value based on its PE Ratio (11.2x) compared to the NZ market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: ZEL is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: ZEL is overvalued based on its PB Ratio (2.3x) compared to the XO Oil and Gas industry average (1.4x).
How is Z Energy forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZEL's forecast earnings growth (24.8% per year) is above the savings rate (2.4%).
Earnings vs Market: ZEL's earnings (24.8% per year) are forecast to grow faster than the NZ market (8.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ZEL's revenue is expected to decline over the next 3 years (-0.4% per year).
High Growth Revenue: ZEL's revenue is forecast to decline over the next 3 years (-0.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ZEL's Return on Equity is forecast to be high in 3 years time (20.5%)
How has Z Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZEL has large one-off items impacting its financial results.
Growing Profit Margin: ZEL's current net profit margins (1.7%) are lower than last year (6.2%).
Past Earnings Growth Analysis
Earnings Trend: ZEL's earnings have grown significantly by 30.8% per year over the past 5 years.
Accelerating Growth: ZEL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ZEL had negative earnings growth (-71.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (58.2%).
Return on Equity
High ROE: ZEL's Return on Equity (9%) is considered low.
Return on Assets
Return on Capital Employed
How is Z Energy's financial position?
Financial Position Analysis
Short Term Liabilities: ZEL's short term assets (NZ$1.0B) exceeds its short term liabilities (NZ$937.0M)
Long Term Liabilities: ZEL's short term assets (1.0B) do not cover its long term liabilities (1.4B)
Debt to Equity History and Analysis
Debt Level: ZEL's debt to equity ratio (134%) is considered high
Reducing Debt: ZEL's debt to equity ratio has increased from 77.7% to 134% over the past 5 years.
Debt Coverage: ZEL's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: ZEL's interest payments on its debt are well covered by EBIT (3.9x coverage).
Inventory Level: ZEL has a high level of physical assets or inventory.
Debt Coverage by Assets: ZEL's debt is not covered by short term assets (assets are 0.9x debt).
What is Z Energy's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Z Energy before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ZEL's dividend (8.19%) is higher than the bottom 25% of dividend payers in the NZ market (3.08%).
High Dividend: ZEL's dividend (8.19%) is in the top 25% of dividend payers in the NZ market (5.62%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ZEL has been paying a dividend for less than 10 years.
Growing Dividend: ZEL's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (100%), ZEL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ZEL's dividends in 3 years are not forecast to be well covered by earnings (115.5% payout ratio).
What is the CEO of Z Energy's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Mike Bennetts 0
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 ...
Management Age and Tenure
Experienced Management: ZEL's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Age and Tenure
Experienced Board: ZEL's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Chief Executive Officer
- Tenure: 9.6yrs
General Counsel & Chief Governance Officer
- Tenure: 1.1yrs
Chief Digital Officer
- Tenure: 0.8yrs
Chief Financial Officer
- Tenure: 0.6yrs
General Manager of Marketing
- Tenure: 4.8yrs
Chief Innovation Officer
- Tenure: 0yrs
General Manager of People & Culture
- Tenure: 1.8yrs
- Tenure: 2.5yrs
- Tenure: 0.08yrs
- Tenure: 1.3yrs
- Tenure: 9.6yrs
- Compensation: NZ$115.33k
- Tenure: 0.5yrs
- Compensation: NZ$115.33k
- Tenure: 3.8yrs
- Compensation: NZ$99.81k
- Tenure: 4.3yrs
- Compensation: NZ$104.81k
Z Energy Limited's company bio, employee growth, exchange listings and data sources
- Name: Z Energy Limited
- Ticker: ZEL
- Exchange: NZSE
- Founded: 1959
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: NZ$2.098b
- Shares outstanding: 399.66m
- Website: https://www.z.co.nz
Number of Employees
- Z Energy Limited
- 3 Queens Wharf
- New Zealand
|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|
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||2019/11/16 10:35|
|End of Day Share Price||2019/11/15 00:00|
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.