Loading...
VGL logo

Vista Group International LimitedNZSE:VGL Stock Report

Market Cap NZ$619.8m
Share Price
NZ$2.59
NZ$1.82
42.3% overvalued intrinsic discount
1Y-29.8%
7D13.6%
1D
Portfolio Value
View

Vista Group International Limited

NZSE:VGL Stock Report

Market Cap: NZ$619.8m

Vista Group International (VGL) Stock Overview

Provides software and technology solutions to the film industry sectors in New Zealand and internationally. More details

VGL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance3/6
Financial Health4/6
Dividends0/6

VGL Community Fair Values

Create Narrative

See what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.

Vista Group International Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Vista Group International
Historical stock prices
Current Share PriceNZ$2.59
52 Week HighNZ$3.75
52 Week LowNZ$1.56
Beta0.56
1 Month Change40.38%
3 Month Change37.04%
1 Year Change-29.81%
3 Year Change87.68%
5 Year Change19.91%
Change since IPO103.14%

Recent News & Updates

Narrative Update May 20

VGL: Index Exit And Board Contest Will Shape Future Balanced Outlook

Analysts have maintained their fair value estimate for Vista Group International at NZ$1.82, while refining assumptions around the discount rate, revenue growth, profit margin and future P/E, which contributes to the updated price target narrative. What's in the News Vista Group International scheduled its annual shareholders’ meeting for May 21, 2026, and filed the related notice with shareholders.
Narrative Update May 03

VGL: Index Removal And Board Contest Will Shape Balanced Outlook

Analysts have slightly reduced their price target on Vista Group International to NZ$1.82. This reflects updated views on the discount rate, revenue growth, profit margin and future P/E assumptions, while keeping their overall valuation level unchanged.
Narrative Update Apr 16

VGL: Index Removal And Steady Margins Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for Vista Group International slightly to around NZ$3.25 per share. The modest adjustment reflects updated assumptions on discount rate, revenue growth, profit margins and future P/E expectations.
Narrative Update Apr 02

VGL: Reset Expectations And Index Removal Will Shape Balanced Future Outlook

Vista Group International's analyst price target has been reset lower to reflect updated fair value assumptions around NZ$1.82. Analysts point to moderated revenue growth, slightly softer profit margin expectations and a reduced future P/E outlook as key drivers of the change.

Recent updates

Narrative Update May 20

VGL: Index Exit And Board Contest Will Shape Future Balanced Outlook

Analysts have maintained their fair value estimate for Vista Group International at NZ$1.82, while refining assumptions around the discount rate, revenue growth, profit margin and future P/E, which contributes to the updated price target narrative. What's in the News Vista Group International scheduled its annual shareholders’ meeting for May 21, 2026, and filed the related notice with shareholders.
Narrative Update May 03

VGL: Index Removal And Board Contest Will Shape Balanced Outlook

Analysts have slightly reduced their price target on Vista Group International to NZ$1.82. This reflects updated views on the discount rate, revenue growth, profit margin and future P/E assumptions, while keeping their overall valuation level unchanged.
Narrative Update Apr 16

VGL: Index Removal And Steady Margins Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for Vista Group International slightly to around NZ$3.25 per share. The modest adjustment reflects updated assumptions on discount rate, revenue growth, profit margins and future P/E expectations.
Narrative Update Apr 02

VGL: Reset Expectations And Index Removal Will Shape Balanced Future Outlook

Vista Group International's analyst price target has been reset lower to reflect updated fair value assumptions around NZ$1.82. Analysts point to moderated revenue growth, slightly softer profit margin expectations and a reduced future P/E outlook as key drivers of the change.
Narrative Update Mar 19

VGL: Slightly Lower Growth Assumptions Will Still Support Attractive Upside Potential

Analysts have adjusted their price target for Vista Group International from NZ$3.50 to NZ$3.30, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value: revised from NZ$3.50 to NZ$3.30, reflecting a small reduction in the modelled fair value per share.
Narrative Update Mar 04

VGL: Higher Discount Rate Will Still Support Attractive Upside Potential

Analysts have nudged their price target on Vista Group International lower from around NZ$3.99 to about NZ$3.50, reflecting updated assumptions for revenue growth, profit margins, and a slightly higher discount rate applied to future cash flows and P/E multiples. Valuation Changes Fair Value: revised from NZ$3.99 to NZ$3.50, a modest reduction in the central valuation estimate.
Narrative Update Feb 18

VGL: Future Margin Assumptions Will Support Upside From Current Undervalued Share Price

Analysts have kept their NZ$2.80 price target for Vista Group International unchanged, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E as the main reasons for maintaining their view. Valuation Changes Fair Value: The fair value estimate of NZ$2.80 is unchanged.
Narrative Update Feb 03

VGL: Future Margin Improvements Will Support Upside From Current Undervalued Share Price

Analysts have modestly adjusted their price target on Vista Group International, citing small updates to assumptions on the discount rate, revenue, profit margin and future P/E that fine tune rather than overhaul their view on the shares. Valuation Changes Fair Value: The fair value estimate is unchanged at NZ$2.80 per share, reflecting only minor model tweaks rather than a different view on the shares.
Analysis Article Jan 30

Vista Group International Limited (NZSE:VGL) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Vista Group International Limited ( NZSE:VGL ) shareholders that were waiting for something to happen have been dealt a...
Narrative Update Jan 20

VGL: Future Margin Stability Will Support Upside From Current Undervalued Share Price

Analysts have nudged their price target on Vista Group International slightly higher to reflect small adjustments to inputs such as discount rate, revenue growth, profit margin and future P/E assumptions. This results in a modestly higher implied equity value per share in their models.
Narrative Update Jan 05

VGL: Fair Outlook Will Balance Higher Margins With Reduced Future Earnings Multiple

Analysts have adjusted their price target on Vista Group International to reflect updated assumptions for revenue growth of 15.07%, a profit margin of 9.66% and a future P/E of 37.37x, while keeping fair value steady at $2.80 and making a small change to the discount rate. Valuation Changes Fair Value: Fair value is unchanged at NZ$2.80.
Narrative Update Dec 15

VGL: Fair Future Outlook Will Balance Margin Gains And Higher Required Return

Analysts have lowered their 12 month price target for Vista Group International by roughly 12 percent to reflect slightly softer revenue growth expectations and a higher required return, partially offset by a modestly improved profit margin outlook and a lower projected future price to earnings multiple. Valuation Changes The Fair Value Estimate has been reduced from 3.2 to 2.8, indicating a moderate downward revision to intrinsic value.
Analysis Article Oct 21

Vista Group International Limited's (NZSE:VGL) Business Is Trailing The Industry But Its Shares Aren't

It's not a stretch to say that Vista Group International Limited's ( NZSE:VGL ) price-to-sales (or "P/S") ratio of 4x...
Analysis Article Aug 16

Vista Group International Limited (NZSE:VGL) Just Released Its Interim Results And Analysts Are Updating Their Estimates

NZSE:VGL 1 Year Share Price vs Fair Value Explore Vista Group International's Fair Values from the Community and select...
Analysis Article Aug 15

These 4 Measures Indicate That Vista Group International (NZSE:VGL) Is Using Debt Reasonably Well

NZSE:VGL 1 Year Share Price vs Fair Value Explore Vista Group International's Fair Values from the Community and select...
User avatar
New Narrative May 09

Cloud Transition And Ecosystem Opportunities Will Open New Markets

Transition to Vista Cloud and ecosystem opportunities aim to enhance revenue streams, SaaS growth, and earnings predictability.
Analysis Article Mar 15

Vista Group International Limited's (NZSE:VGL) 26% Price Boost Is Out Of Tune With Revenues

The Vista Group International Limited ( NZSE:VGL ) share price has done very well over the last month, posting an...
Analysis Article Oct 09

What Is Vista Group International Limited's (NZSE:VGL) Share Price Doing?

While Vista Group International Limited ( NZSE:VGL ) might not have the largest market cap around , it received a lot...
Analysis Article Aug 12

Revenues Not Telling The Story For Vista Group International Limited (NZSE:VGL) After Shares Rise 25%

Despite an already strong run, Vista Group International Limited ( NZSE:VGL ) shares have been powering on, with a gain...
Analysis Article Aug 07

Vista Group International Limited (NZSE:VGL) Just Reported And Analysts Have Been Lifting Their Price Targets

Investors in Vista Group International Limited ( NZSE:VGL ) had a good week, as its shares rose 5.0% to close at...
Analysis Article Jun 08

Optimistic Investors Push Vista Group International Limited (NZSE:VGL) Shares Up 28% But Growth Is Lacking

Despite an already strong run, Vista Group International Limited ( NZSE:VGL ) shares have been powering on, with a gain...
Analysis Article May 27

Is Vista Group International (NZSE:VGL) Weighed On By Its Debt Load?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 28

Subdued Growth No Barrier To Vista Group International Limited (NZSE:VGL) With Shares Advancing 32%

Vista Group International Limited ( NZSE:VGL ) shares have had a really impressive month, gaining 32% after a shaky...
Analysis Article Mar 01

Vista Group International Limited (NZSE:VGL) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

The yearly results for Vista Group International Limited ( NZSE:VGL ) were released last week, making it a good time to...
Analysis Article Dec 18

Is Vista Group International (NZSE:VGL) Using Debt Sensibly?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Aug 28

Is Vista Group International (NZSE:VGL) Using Debt Sensibly?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Sep 09

Is Vista Group International (NZSE:VGL) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 29

Is Vista Group International (NZSE:VGL) Weighed On By Its Debt Load?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Apr 04

Health Check: How Prudently Does Vista Group International (NZSE:VGL) Use Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 09

Trade Alert: The Chief Executive of Vista Entertainment Solutions - Los Angeles Of Vista Group International Limited (NZSE:VGL), Leon Newnham, Has Just Spent NZ$403k Buying 44% More Shares

Investors who take an interest in Vista Group International Limited ( NZSE:VGL ) should definitely note that the Chief...
Analysis Article Mar 03

Some Vista Group International Limited (NZSE:VGL) Analysts Just Made A Major Cut To Next Year's Estimates

The analysts covering Vista Group International Limited ( NZSE:VGL ) delivered a dose of negativity to shareholders...
Analysis Article Feb 23

What Is The Ownership Structure Like For Vista Group International Limited (NZSE:VGL)?

Every investor in Vista Group International Limited ( NZSE:VGL ) should be aware of the most powerful shareholder...
Analysis Article Feb 01

What Does Vista Group International Limited's (NZSE:VGL) Share Price Indicate?

Vista Group International Limited ( NZSE:VGL ), is not the largest company out there, but it saw significant share...

Shareholder Returns

VGLNZ SoftwareNZ Market
7D13.6%3.3%2.2%
1Y-29.8%-48.6%6.2%

Return vs Industry: VGL exceeded the NZ Software industry which returned -48.6% over the past year.

Return vs Market: VGL underperformed the NZ Market which returned 6.2% over the past year.

Price Volatility

Is VGL's price volatile compared to industry and market?
VGL volatility
VGL Average Weekly Movement7.7%
Software Industry Average Movement7.7%
Market Average Movement4.0%
10% most volatile stocks in NZ Market8.2%
10% least volatile stocks in NZ Market2.9%

Stable Share Price: VGL's share price has been volatile over the past 3 months compared to the NZ market.

Volatility Over Time: VGL's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of NZ stocks.

About the Company

FoundedEmployeesCEOWebsite
1996728Stuart Dickinsonwww.vistagroup.co.nz

Vista Group International Limited provides software and technology solutions to the film industry sectors in New Zealand and internationally. It operates through the Cinema and Film segments. The Cinema segment offers software products to the cinema industry, such as Vista Cinema, a cinema management software and digital solutions for large cinema circuits; Veezi, a cinema management solution for independent exhibitors; Share Dimension software; movieXchange software; Movio Classic software; and Movio Cinema EQ, a data analytics and campaign management solutions.

Vista Group International Limited Fundamentals Summary

How do Vista Group International's earnings and revenue compare to its market cap?
VGL fundamental statistics
Market capNZ$619.76m
Earnings (TTM)NZ$1.90m
Revenue (TTM)NZ$164.30m
326.2x
P/E Ratio
3.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VGL income statement (TTM)
RevenueNZ$164.30m
Cost of RevenueNZ$69.00m
Gross ProfitNZ$95.30m
Other ExpensesNZ$93.40m
EarningsNZ$1.90m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.0079
Gross Margin58.00%
Net Profit Margin1.16%
Debt/Equity Ratio12.9%

How did VGL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/29 21:49
End of Day Share Price 2026/05/29 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vista Group International Limited is covered by 7 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Owen HumphriesCanaccord Genuity
Stephen RidgewellDeutsche Bank
James LindsayForsyth Barr Group Ltd.