Z Energy Limited sells transport fuel in New Zealand. More Details
Moderate 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 has not had significant price volatility in 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 -38.8% over the past year.
Return vs Market: ZEL underperformed the NZ Market which returned 8.6% 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
5 months ago | Simply Wall StCan We See Significant Institutional Ownership On The Z Energy Limited (NZSE:ZEL) Share Register?
6 months ago | Simply Wall StIs Z Energy Limited’s (NZSE:ZEL) 9.4% ROCE Any Good?
6 months ago | Simply Wall StA Sliding Share Price Has Us Looking At Z Energy Limited's (NZSE:ZEL) P/E Ratio
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$3.02) is trading below our estimate of fair value (NZ$6.65)
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 is overvalued based on its PB Ratio (2x) compared to the XO Oil and Gas industry average (1.6x).
How is Z Energy forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
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 (2.6%).
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 is expected to decline over the next 3 years (-5.4% per year).
High Growth Revenue: ZEL's revenue is forecast to decline over the next 3 years (-5.4% 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 (11.9%).
How has Z Energy performed over the past 5 years?
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, but has reduced losses over the past 5 years at a rate of 10.7% 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 (-44.9%).
Return on Equity
High ROE: ZEL has a negative Return on Equity (-14.62%), as it is currently unprofitable.
How is Z Energy's financial position?
Financial Position Analysis
Short Term Liabilities: ZEL's short term assets (NZ$941.0M) do not cover its short term liabilities (NZ$942.0M).
Long Term Liabilities: ZEL's short term assets (NZ$941.0M) do not cover its long term liabilities (NZ$1.5B).
Debt to Equity History and Analysis
Debt Level: ZEL's debt to equity ratio (183.1%) is considered high.
Reducing Debt: ZEL's debt to equity ratio has increased from 85.2% to 183.1% over the past 5 years.
Debt Coverage: ZEL's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: ZEL is unprofitable, therefore interest payments are not well covered by earnings.
What is Z Energy current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management 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 ...
|Chief Executive Officer||10.5yrs||no data||0.071% |
|Chief Financial Officer||1.5yrs||no data||0.023% |
|Investor Relations Manager||no data||no data||no data|
|General Counsel & Chief Governance Officer||2yrs||no data||no data|
|Chief People Officer||no data||no data||no data|
|Chief Customer Officer||no data||no data||no data|
|Chief Innovation Officer||no data||no data||no data|
|Chief Digital Officer||1.67yrs||no data||no data|
Experienced Management: ZEL's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Independent Director||3.42yrs||NZ$126.14k||0.0018% |
|Independent Director||1yr||NZ$49.07k||0.0029% |
|Independent Director||2.17yrs||NZ$117.00k||no data|
|Independent Chairman||1.42yrs||NZ$194.10k||0.010% |
|Independent Director||5.17yrs||NZ$127.00k||0.0069% |
|Independent Director||4.67yrs||NZ$125.52k||0.0041% |
Experienced Board: ZEL's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
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 been diluted in the past year, with total shares outstanding growing by 30.1%.
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$1.571b
- Shares outstanding: 520.14m
- 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||2020/10/25 10:38|
|End of Day Share Price||2020/10/23 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.