Contact Energy Limited

OTCPK:COEN.F Stock Report

Market Cap: US$4.1b

Contact Energy Valuation

Is COEN.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of COEN.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: COEN.F ($5.04) is trading below our estimate of fair value ($14.49)

Significantly Below Fair Value: COEN.F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for COEN.F?

Key metric: As COEN.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for COEN.F. This is calculated by dividing COEN.F's market cap by their current earnings.
What is COEN.F's PE Ratio?
PE Ratio29.9x
EarningsNZ$235.00m
Market CapNZ$7.02b

Price to Earnings Ratio vs Peers

How does COEN.F's PE Ratio compare to its peers?

The above table shows the PE ratio for COEN.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.3x
TXNM TXNM Energy
25.2x13.8%US$4.4b
MGEE MGE Energy
32xn/aUS$3.8b
ALE ALLETE
20.9x15.1%US$3.8b
OTTR Otter Tail
11.3x-17.3%US$3.4b
COEN.F Contact Energy
29.9x4.4%US$7.0b

Price-To-Earnings vs Peers: COEN.F is expensive based on its Price-To-Earnings Ratio (29.9x) compared to the peer average (22.3x).

Price to Earnings Ratio vs Industry

How does COEN.F's PE Ratio compare vs other companies in the US Electric Utilities Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
COEN.F 29.9xIndustry Avg. 20.8xNo. of Companies6PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: COEN.F is expensive based on its Price-To-Earnings Ratio (29.9x) compared to the US Electric Utilities industry average (21.2x).

Price to Earnings Ratio vs Fair Ratio

What is COEN.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

COEN.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate COEN.F's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst COEN.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$5.72
0%
8.0%US$6.33US$5.10n/a4
Nov ’25US$4.62
US$5.86
+26.9%
8.0%US$6.48US$5.22n/a4
Oct ’25n/a
US$6.19
0%
7.7%US$6.74US$5.50n/a4
Sep ’25US$5.72
US$6.26
+9.4%
9.1%US$6.89US$5.35n/a5
Aug ’25n/a
US$6.15
0%
9.2%US$6.72US$5.29n/a5
Jul ’25n/a
US$6.40
0%
8.9%US$6.89US$5.33n/a5
Jun ’25n/a
US$6.08
0%
9.9%US$6.71US$5.01n/a5
May ’25n/a
US$5.82
0%
9.8%US$6.46US$4.83n/a5
Apr ’25n/a
US$5.83
0%
12.6%US$6.75US$4.99n/a5
Mar ’25n/a
US$5.79
0%
11.9%US$6.77US$5.00n/a5
Feb ’25n/a
US$5.60
0%
13.1%US$6.75US$4.73n/a5
Jan ’25n/a
US$5.25
0%
13.7%US$6.47US$4.32n/a5
Dec ’24n/a
US$5.25
0%
13.7%US$6.47US$4.32n/a5
Nov ’24n/a
US$5.33
0%
13.2%US$6.41US$4.37US$4.625
Oct ’24n/a
US$5.64
0%
11.2%US$6.59US$4.92n/a5
Sep ’24n/a
US$5.57
0%
11.2%US$6.59US$4.88US$5.725
Aug ’24n/a
US$5.63
0%
11.2%US$6.67US$4.84n/a5
Jul ’24n/a
US$5.65
0%
10.9%US$6.64US$4.87n/a5
Jun ’24n/a
US$5.47
0%
10.5%US$6.38US$4.72n/a5
May ’24n/a
US$5.50
0%
10.7%US$6.38US$4.81n/a5
Apr ’24n/a
US$5.59
0%
10.8%US$6.47US$4.88n/a5
Mar ’24n/a
US$5.66
0%
11.2%US$6.50US$4.90n/a5
Feb ’24US$5.27
US$5.64
+7.0%
14.3%US$6.72US$4.74n/a5
Jan ’24n/a
US$5.38
0%
14.8%US$6.36US$4.52n/a5
Dec ’23n/a
US$5.38
0%
14.8%US$6.36US$4.52n/a5
Nov ’23US$4.10
US$5.18
+26.5%
13.2%US$6.04US$4.56n/a5

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

Portland General Electric

US$5.0b

An integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon.

POR

US$48.07

7D

2.8%

1Y

15.9%

E.ON

€31.4b

Operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally.

ENAK.F

€12.13

7D

-2.2%

1Y

-8.5%

Kansai Electric Power Company

JP¥1.7t

Engages in electricity, gas and heat supply, and telecommunication businesses in Japan.

KAEP.F

JP¥11.06

7D

n/a

1Y

n/a