NWF Stock Overview
NZ Windfarms Limited generates and sells electricity to the national grid in New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$0.22|
|52 Week High||NZ$0.29|
|52 Week Low||NZ$0.16|
|1 Month Change||-4.35%|
|3 Month Change||-6.38%|
|1 Year Change||13.99%|
|3 Year Change||57.14%|
|5 Year Change||165.06%|
|Change since IPO||-81.67%|
Recent News & Updates
There's Been No Shortage Of Growth Recently For NZ Windfarms' (NZSE:NWF) Returns On Capital
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Returns On Capital Are Showing Encouraging Signs At NZ Windfarms (NZSE:NWF)
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Is NZ Windfarms (NZSE:NWF) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Have Insiders Been Selling NZ Windfarms Limited (NZSE:NWF) Shares?
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
Will NZ Windfarms' (NZSE:NWF) Growth In ROCE Persist?
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
|NWF||NZ Renewable Energy||NZ Market|
Return vs Industry: NWF exceeded the NZ Renewable Energy industry which returned -41.1% over the past year.
Return vs Market: NWF exceeded the NZ Market which returned -11.4% over the past year.
|NWF Average Weekly Movement||4.5%|
|Renewable Energy Industry Average Movement||6.0%|
|Market Average Movement||3.8%|
|10% most volatile stocks in NZ Market||6.5%|
|10% least volatile stocks in NZ Market||2.4%|
Stable Share Price: NWF is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NWF's weekly volatility (4%) has been stable over the past year.
About the Company
NZ Windfarms Limited generates and sells electricity to the national grid in New Zealand. The company operates the Te Rere Hau wind farm, including 92 turbines with the capacity of 46 megawatts located in the North Range road in the Taraua Ranges. It serves 16,000 homes.
NZ Windfarms Fundamentals Summary
|NWF fundamental statistics|
Is NWF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NWF income statement (TTM)|
|Cost of Revenue||NZ$1.80m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0011|
|Net Profit Margin||1.99%|
How did NWF perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Is NZ Windfarms undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NWF (NZ$0.22) is trading above our estimate of fair value (NZ$0.08)
Significantly Below Fair Value: NWF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NWF is poor value based on its PE Ratio (203.7x) compared to the Global Renewable Energy industry average (18.5x).
PE vs Market: NWF is poor value based on its PE Ratio (203.7x) compared to the NZ market (17.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NWF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NWF is overvalued based on its PB Ratio (1.7x) compared to the XO Renewable Energy industry average (1.4x).
How is NZ Windfarms forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Utilities industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NZ Windfarms has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has NZ Windfarms performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NWF has a large one-off gain of NZ$3.0M impacting its June 30 2021 financial results.
Growing Profit Margin: NWF's current net profit margins (2%) are lower than last year (17%).
Past Earnings Growth Analysis
Earnings Trend: NWF has become profitable over the past 5 years, growing earnings by 32.2% per year.
Accelerating Growth: NWF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NWF had negative earnings growth (-82%) over the past year, making it difficult to compare to the Renewable Energy industry average (10.8%).
Return on Equity
High ROE: NWF's Return on Equity (0.8%) is considered low.
How is NZ Windfarms's financial position?
Financial Position Analysis
Short Term Liabilities: NWF's short term assets (NZ$5.4M) do not cover its short term liabilities (NZ$8.4M).
Long Term Liabilities: NWF's short term assets (NZ$5.4M) do not cover its long term liabilities (NZ$8.2M).
Debt to Equity History and Analysis
Debt Level: NWF's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: NWF's debt to equity ratio has increased from 0% to 23.8% over the past 5 years.
Debt Coverage: NWF's debt is well covered by operating cash flow (54.7%).
Interest Coverage: NWF's interest payments on its debt are well covered by EBIT (33x coverage).
What is NZ Windfarms's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NWF's dividend (2.73%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (2.76%).
High Dividend: NWF's dividend (2.73%) is low compared to the top 25% of dividend payers in the NZ market (4.97%).
Stability and Growth of Payments
Stable Dividend: NWF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NWF has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (925.1%), NWF's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Warren Koia serves as the Chief Executive Officer at NZ Windfarms Limited.
Experienced Board: NWF's board of directors are not considered experienced ( 2.7 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 not been meaningfully diluted in the past year.
NZ Windfarms Limited's employee growth, exchange listings and data sources
- Name: NZ Windfarms Limited
- Ticker: NWF
- Exchange: NZSE
- Founded: 2002
- Industry: Renewable Electricity
- Sector: Utilities
- Implied Market Cap: NZ$63.374m
- Shares outstanding: 288.06m
- Website: https://www.nzwindfarms.co.nz
- NZ Windfarms Limited
- 376 North Range Road
- Palmerston North
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/22 06:01|
|End of Day Share Price||2022/01/21 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.