VCT Stock Overview
Engages in electricity and gas distribution, natural gas and LPG sale, and telecommunication and new energy solutions businesses in New Zealand. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Vector Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NZ$3.95 |
| 52 Week High | NZ$3.96 |
| 52 Week Low | NZ$3.59 |
| Beta | 0.42 |
| 1 Month Change | 3.40% |
| 3 Month Change | 3.40% |
| 1 Year Change | 5.62% |
| 3 Year Change | -1.99% |
| 5 Year Change | 4.50% |
| Change since IPO | 30.79% |
Recent News & Updates
Is Vector (NZSE:VCT) A Risky Investment?
Dec 10
Vector (NZSE:VCT) Is Increasing Its Dividend To NZ$0.1475
Aug 29Time To Worry? Analysts Just Downgraded Their Vector Limited (NZSE:VCT) Outlook
Aug 28Recent updates
Is Vector (NZSE:VCT) A Risky Investment?
Dec 10Vector (NZSE:VCT) Is Increasing Its Dividend To NZ$0.1475
Aug 29Time To Worry? Analysts Just Downgraded Their Vector Limited (NZSE:VCT) Outlook
Aug 28With Vector Limited (NZSE:VCT) It Looks Like You'll Get What You Pay For
Aug 16Vector (NZSE:VCT) Is Reinvesting At Lower Rates Of Return
Jun 28Is Vector (NZSE:VCT) Using Too Much Debt?
May 07Estimating The Intrinsic Value Of Vector Limited (NZSE:VCT)
Apr 12Vector (NZSE:VCT) Is Paying Out A Dividend Of NZ$0.0925
Feb 29Market Participants Recognise Vector Limited's (NZSE:VCT) Earnings
Feb 12Vector Limited's (NZSE:VCT) Intrinsic Value Is Potentially 22% Below Its Share Price
Dec 20These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively
Oct 26Are Investors Undervaluing Vector Limited (NZSE:VCT) By 41%?
Jul 07The Returns At Vector (NZSE:VCT) Aren't Growing
Apr 10A Look At The Intrinsic Value Of Vector Limited (NZSE:VCT)
Feb 09Here's Why Vector (NZSE:VCT) Has A Meaningful Debt Burden
Dec 16Calculating The Intrinsic Value Of Vector Limited (NZSE:VCT)
Nov 05The Returns At Vector (NZSE:VCT) Aren't Growing
Oct 18Vector (NZSE:VCT) Will Pay A Dividend Of NZ$0.0895
Aug 29Vector (NZSE:VCT) Has Some Way To Go To Become A Multi-Bagger
Jul 19Slowing Rates Of Return At Vector (NZSE:VCT) Leave Little Room For Excitement
Apr 14Vector (NZSE:VCT) Is Due To Pay A Dividend Of NZ$0.087
Feb 28Is There An Opportunity With Vector Limited's (NZSE:VCT) 41% Undervaluation?
Feb 13Returns At Vector (NZSE:VCT) Appear To Be Weighed Down
Nov 27These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively
Nov 04Vector Limited (NZSE:VCT) Shares Could Be 37% Below Their Intrinsic Value Estimate
Sep 30Vector (NZSE:VCT) Is Increasing Its Dividend To NZ$0.09
Aug 26Slowing Rates Of Return At Vector (NZSE:VCT) Leave Little Room For Excitement
May 10These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively
Apr 06Does Vector Limited (NZSE:VCT) Have A Place In Your Dividend Stock Portfolio?
Mar 19Should You Be Worried About Vector Limited's (NZSE:VCT) 5.2% Return On Equity?
Mar 01Did You Participate In Any Of Vector's (NZSE:VCT) Respectable 74% Return?
Feb 11
Are Vector's (NZSE:VCT) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 24Returns On Capital At Vector (NZSE:VCT) Paint An Interesting Picture
Jan 06Read This Before Buying Vector Limited (NZSE:VCT) For Its Dividend
Dec 17Vector (NZSE:VCT) Has A Somewhat Strained Balance Sheet
Dec 02Read This Before Judging Vector Limited's (NZSE:VCT) ROE
Nov 17Shareholder Returns
| VCT | NZ Integrated Utilities | NZ Market | |
|---|---|---|---|
| 7D | 1.3% | -1.0% | 1.1% |
| 1Y | 5.6% | 5.4% | 6.1% |
Return vs Industry: VCT matched the NZ Integrated Utilities industry which returned 5.4% over the past year.
Return vs Market: VCT matched the NZ Market which returned 6.1% over the past year.
Price Volatility
| VCT volatility | |
|---|---|
| VCT Average Weekly Movement | 1.9% |
| Integrated Utilities Industry Average Movement | 2.8% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in NZ Market | 9.1% |
| 10% least volatile stocks in NZ Market | 3.1% |
Stable Share Price: VCT has not had significant price volatility in the past 3 months compared to the NZ market.
Volatility Over Time: VCT's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1990 | n/a | Simon MacKenzie | www.vector.co.nz |
Vector Limited, together with its subsidiaries, engages in electricity and gas distribution, natural gas and LPG sale, and telecommunication and new energy solutions businesses in New Zealand. The company operates through two segments, Regulated Networks and Gas Trading. It distributes electricity to residential and commercial customers in Auckland through its network consisting of approximately 19,000 kilometers of electricity lines; bulk LPG to commercial customers; bottled LPG to commercial and residential customers; and owns, operates, and distributes natural gas.
Vector Limited Fundamentals Summary
| VCT fundamental statistics | |
|---|---|
| Market cap | NZ$3.95b |
| Earnings (TTM) | NZ$77.50m |
| Revenue (TTM) | NZ$1.14b |
51.0x
P/E Ratio3.5x
P/S RatioIs VCT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VCT income statement (TTM) | |
|---|---|
| Revenue | NZ$1.14b |
| Cost of Revenue | NZ$580.80m |
| Gross Profit | NZ$560.40m |
| Other Expenses | NZ$482.90m |
| Earnings | NZ$77.50m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Feb 25, 2025
| Earnings per share (EPS) | 0.078 |
| Gross Margin | 49.11% |
| Net Profit Margin | 6.79% |
| Debt/Equity Ratio | 54.0% |
How did VCT perform over the long term?
See historical performance and comparisonDividends
6.6%
Current Dividend Yield287%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Vector Limited is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Grant Swanepoel | Credit Suisse |
| Grant Swanepoel | Deutsche Bank |
| Andrew Harvey-Green | Forsyth Barr Group Ltd. |