NZ Windfarms Limited generates and sells electricity to the national grid in New Zealand. More Details
Solid track record with adequate balance sheet.
Share Price & News
How has NZ Windfarms's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NWF is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NWF's weekly volatility (5%) has been stable over the past year.
7 Day Return
NZ Renewable Energy
1 Year Return
NZ Renewable Energy
Return vs Industry: NWF underperformed the NZ Renewable Energy industry which returned 48.4% over the past year.
Return vs Market: NWF exceeded the NZ Market which returned 10.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is NZ Windfarms's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StNZ Windfarms Limited's (NZSE:NWF) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
2 months ago | Simply Wall StWhat We Make Of NZ Windfarms' (NZSE:NWF) Returns On Capital
3 months ago | Simply Wall StPhil Lennon Is The Director of NZ Windfarms Limited (NZSE:NWF) And They Just Sold 100% Of Their Shares
Is NZ Windfarms 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: NWF (NZ$0.2) is trading below our estimate of fair value (NZ$1.22)
Significantly Below Fair Value: NWF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NWF is poor value based on its PE Ratio (33.2x) compared to the XO Renewable Energy industry average (33x).
PE vs Market: NWF is poor value based on its PE Ratio (33.2x) compared to the NZ market (25.1x).
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's PB Ratio (1.4x) is in line with the XO Renewable Energy industry average.
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.
- Check out NZ Windfarms's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- NZ Windfarms competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
How has NZ Windfarms performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NWF has high quality earnings.
Growing Profit Margin: NWF's current net profit margins (17%) are higher than last year (5.2%).
Past Earnings Growth Analysis
Earnings Trend: NWF has become profitable over the past 5 years, growing earnings by -5.8% per year.
Accelerating Growth: NWF's earnings growth over the past year (173.9%) exceeds its 5-year average (-5.8% per year).
Earnings vs Industry: NWF earnings growth over the past year (173.9%) exceeded the Renewable Energy industry 7.5%.
Return on Equity
High ROE: NWF's Return on Equity (4.2%) is considered low.
How is NZ Windfarms's financial position?
Financial Position Analysis
Short Term Liabilities: NWF's short term assets (NZ$6.3M) exceed its short term liabilities (NZ$3.7M).
Long Term Liabilities: NWF's short term assets (NZ$6.3M) do not cover its long term liabilities (NZ$9.1M).
Debt to Equity History and Analysis
Debt Level: NWF's debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: NWF's debt to equity ratio has increased from 0% to 24.2% over the past 5 years.
Debt Coverage: NWF's debt is well covered by operating cash flow (77.1%).
Interest Coverage: NWF's interest payments on its debt are well covered by EBIT (10.1x 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 (9.05%) is higher than the bottom 25% of dividend payers in the NZ market (2.24%).
High Dividend: NWF's dividend (9.05%) is in the top 25% of dividend payers in the NZ market (4.1%)
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's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (300.2%), 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.
|Chairman of the Board||1.67yrs||NZ$56.19k||0.030% |
|Independent Director||1.67yrs||NZ$4.00k||no data|
|Independent Director||1.67yrs||NZ$4.25k||no data|
Experienced Board: NWF's board of directors are not considered experienced ( 1.7 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 company bio, employee growth, exchange listings and data sources
- Name: NZ Windfarms Limited
- Ticker: NWF
- Exchange: NZSE
- Founded: 2002
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: NZ$57.037m
- Shares outstanding: 288.06m
- Website: https://www.nzwindfarms.co.nz
- NZ Windfarms Limited
- 376 North Range Road
- Palmerston North
- New Zealand
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NWF||NZSE (New Zealand Stock Exchange)||Yes||Ordinary Shares||NZ||NZD||Jan 2006|
NZ Windfarms Limited generates and sells electricity to the national grid in New Zealand. It operates the Te Rere Hau wind farm, a 48.5 megawatts wind farm located in the North Range road in the Taraua Ran...
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|
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.